Institutional
BRANDES INVESTMENT PARTNERS, LP
CIK 0001015079
$14.13B
Reported AUM
186
Positions
Q1 2026
Period
2026-05-15
Filed
The Brief · BRANDES INVESTMENT PARTNERS, LP · Q1 2026
AI · grounded in 13F
Brandes Investment Partners, LP established a new position in AJG with an investment of $151.9M. The fund also opened a new stake in EFX worth $134.6M and increased its holding in NICE by 215.3%. On the sell side, the fund closed its position in GIL, reducing its exposure by $99.9M.
Portfolio · Q1 2026
Top holdings
QoQ vs Q4 2025
| # | Ticker | Issuer | Value | % of book | Δ shares (QoQ) | Status |
|---|---|---|---|---|---|---|
| 1 | CAE | CAE INC | $413.5M | 2.93% | +716,679 | +4.7% |
| 2 | EMBJ | EMBRAER S.A. | $338.5M | 2.40% | +548,206 | +10.6% |
| 3 | DOX | AMDOCS LTD | $303.8M | 2.15% | +1,940,122 | +71.5% |
| 4 | GRFS | GRIFOLS S A | $291.4M | 2.06% | +5,379,491 | +17.4% |
| 5 | C | CITIGROUP INC | $277.2M | 1.96% | +83,457 | +3.5% |
| 6 | MRK | MERCK & CO INC | $277.0M | 1.96% | -164,963 | -6.7% |
| 7 | OTEX | OPEN TEXT CORP | $269.9M | 1.91% | +3,029,841 | +33.3% |
| 8 | CI | THE CIGNA GROUP | $269.1M | 1.90% | +64,607 | +6.8% |
| 9 | MHK | MOHAWK INDS INC | $257.8M | 1.82% | +1,515,848 | +137.5% |
| 10 | SHEL | SHELL PLC | $256.0M | 1.81% | +135,338 | +5.2% |
| 11 | PFE | PFIZER INC | $255.7M | 1.81% | +478,043 | +5.5% |
| 12 | FDX | FEDEX CORP | $251.6M | 1.78% | -16,814 | -2.3% |
| 13 | TXT | TEXTRON INC | $248.7M | 1.76% | +105,706 | +3.9% |
| 14 | NICE | NICE LTD | $245.8M | 1.74% | +1,522,382 | +215.3% |
| 15 | HAL | HALLIBURTON CO | $245.3M | 1.74% | -1,257,586 | -16.7% |
| 16 | TIGO | MILLICOM INTL CELLULAR S A | $244.4M | 1.73% | -1,575,489 | -32.6% |
| 17 | BDX | BECTON DICKINSON & CO | $238.3M | 1.69% | +285,897 | +23.2% |
| 18 | BAC | BANK AMERICA CORP | $222.6M | 1.58% | +180,675 | +4.1% |
| 19 | WMT2 | WELLS FARGO & CO | $219.3M | 1.55% | +125,746 | +4.8% |
| 20 | WLK | WESTLAKE CORPORATION | $215.3M | 1.52% | +172,323 | +10.3% |
| 21 | KMT | KENNAMETAL INC | $190.2M | 1.35% | -4,965,772 | -48.5% |
| 22 | CTSH | COGNIZANT TECHNOLOGY SOLUTIO | $186.7M | 1.32% | +720,410 | +31.0% |
| 23 | CMCSA | COMCAST CORP NEW | $184.6M | 1.31% | +435,317 | +7.3% |
| 24 | HXL | HEXCEL CORP NEW | $180.8M | 1.28% | -271,743 | -10.8% |
| 25 | EPAM | EPAM SYS INC | $179.4M | 1.27% | +341,224 | +34.7% |
| 26 | SNY | SANOFI SA | $179.4M | 1.27% | +809,844 | +27.8% |
| 27 | PGR | PROGRESSIVE CORP | $172.2M | 1.22% | +266,412 | +44.2% |
| 28 | ACGL | ARCH CAP GROUP LTD | $170.1M | 1.20% | +61,807 | +3.6% |
| 29 | PNC | PNC FINL SVCS GROUP INC | $169.4M | 1.20% | +16,173 | +2.0% |
| 30 | UNH | UNITEDHEALTH GROUP INC | $168.3M | 1.19% | +221,821 | +55.4% |
| 31 | HCA | HCA HEALTHCARE INC | $162.4M | 1.15% | -43,607 | -11.3% |
| 32 | INVX | INNOVEX INTERNATIONAL INC | $160.6M | 1.14% | -1,072,795 | -14.0% |
| 33 | ICLR | ICON PLC | $158.8M | 1.12% | +658,321 | +84.8% |
| 34 | GLOB | GLOBANT S A | $157.9M | 1.12% | +1,023,668 | +42.6% |
| 35 | AJG | GALLAGHER ARTHUR J & CO | $151.9M | 1.07% | +701,260 | NEW |
| 36 | MCK | MCKESSON CORP | $149.3M | 1.06% | -15,878 | -8.4% |
| 37 | ARLO | ARLO TECHNOLOGIES INC | $145.4M | 1.03% | +2,020,147 | +24.6% |
| 38 | EPC | EDGEWELL PERSONAL CARE CO | $143.4M | 1.02% | +601,578 | +9.8% |
| 39 | CVS | CVS HEALTH CORP | $141.5M | 1.00% | +124,459 | +6.7% |
| 40 | EFX | EQUIFAX INC | $134.6M | 0.95% | +747,201 | NEW |
| 41 | MU | MICRON TECHNOLOGY INC | $132.4M | 0.94% | -199,531 | -33.7% |
| 42 | EMR | EMERSON ELEC CO | $124.9M | 0.88% | +45,424 | +5.0% |
| 43 | IMKTA | INGLES MKTS INC | $112.6M | 0.80% | +45,638 | +3.8% |
| 44 | NGG | NATIONAL GRID PLC | $111.0M | 0.79% | +531,537 | +68.1% |
| 45 | FISV | FISERV INC | $107.5M | 0.76% | +121,469 | +6.7% |
| 46 | SLB | SLB LIMITED | $104.9M | 0.74% | +98,252 | +5.1% |
| 47 | CX | CEMEX SA EURO MTN BE 144A | $104.1M | 0.74% | -3,753,325 | -29.2% |
| 48 | GOOGL | ALPHABET INC | $101.8M | 0.72% | +18,479 | +5.5% |
| 49 | CVX | CHEVRON CORPORATION | $100.0M | 0.71% | -101,444 | -17.4% |
| 50 | WKC | WORLD KINECT CORPORATION | $99.0M | 0.70% | +444,090 | +11.5% |
| 51 | EVRG | EVERGY INC | $97.2M | 0.69% | +47,850 | +4.2% |
| 52 | GHM | GRAHAM CORP | $92.4M | 0.65% | -76,052 | -6.1% |
| 53 | WTW | WILLIS TOWERS WATSON PLC LTD | $86.9M | 0.62% | +23,445 | +8.5% |
| 54 | OMC | OMNICOM GROUP INC | $86.3M | 0.61% | +56,589 | +5.2% |
| 55 | KNX | KNIGHT-SWIFT TRANSN HLDGS IN | $85.5M | 0.61% | +71,164 | +5.0% |
| 56 | PZZA | PAPA JOHNS INTL INC | $85.3M | 0.60% | +2,261,395 | +608.9% |
| 57 | GOOG | ALPHABET INC | $84.2M | 0.60% | +9,991 | +3.5% |
| 58 | MOG/A | MOOG INC | $83.9M | 0.59% | -69,478 | -19.5% |
| 59 | CPA | COPA HOLDINGS SA | $83.6M | 0.59% | +81,973 | +12.5% |
| 60 | BABA | ALIBABA GROUP HLDG LTD | $83.6M | 0.59% | +26,885 | +4.2% |
| 61 | TAK | TAKEDA PHARMACEUTICAL CO LTD | $82.1M | 0.58% | +548,760 | +14.1% |
| 62 | SSNC | SS&C TECH HLDGS | $81.5M | 0.58% | +153,038 | +14.5% |
| 63 | IFF | INTERNATIONAL FLAVORS&FRAGRA | $80.2M | 0.57% | +62,151 | +6.0% |
| 64 | GSK | GSK PLC | $80.2M | 0.57% | -271,574 | -15.7% |
| 65 | SAP | SAP SE | $79.7M | 0.56% | +236,302 | +103.0% |
| 66 | PBR/A | PETROLEO BRASILEIRO S A | $79.4M | 0.56% | -1,256,846 | -22.9% |
| 67 | AMX | AMERICA MOVIL SAB DE CV | $76.8M | 0.54% | +253,067 | +9.2% |
| 68 | PKE | PARK AEROSPACE CORP | $76.2M | 0.54% | -409,074 | -12.8% |
| 69 | CTVA | CORTEVA INC | $75.0M | 0.53% | -1,416,962 | -61.3% |
| 70 | NTR | NUTRIEN LTD | $71.2M | 0.50% | -915,583 | -49.2% |
| 71 | TAP | MOLSON COORS BEVERAGE CO | $70.6M | 0.50% | +1,531,733 | +1425.1% |
| 72 | TGT | TARGET CORP | $69.5M | 0.49% | +25,861 | +4.7% |
| 73 | UNF | UNIFIRST CORP MASS | $69.1M | 0.49% | -93,320 | -25.4% |
| 74 | JNJ | JOHNSON & JOHNSON | $68.4M | 0.48% | -139,502 | -33.3% |
| 75 | ABEV | AMBEV SA | $67.4M | 0.48% | +475,549 | +2.1% |
| 76 | ELAN | ELANCO ANIMAL HEALTH INC | $66.5M | 0.47% | -1,422,956 | -33.9% |
| 77 | NTGR | NETGEAR INC | $65.6M | 0.46% | +1,146,114 | +61.8% |
| 78 | LH | LABCORP HOLDINGS INC | $65.5M | 0.46% | +22,395 | +10.0% |
| 79 | TTE | TOTALENERGIES SE | $64.7M | 0.46% | -134,375 | -16.2% |
| 80 | SYY | SYSCO CORP | $64.6M | 0.46% | +48,577 | +5.7% |
| 81 | TSM | TAIWAN SEMICONDUCTOR MANUFAC | $64.3M | 0.46% | +8,621 | +4.7% |
| 82 | INGR | INGREDION INC | $63.8M | 0.45% | +162,702 | +40.3% |
| 83 | ARW | ARROW ELECTRS INC | $61.9M | 0.44% | +22,307 | +5.4% |
| 84 | KVUE | KENVUE INC | $60.1M | 0.43% | +390,320 | +12.6% |
| 85 | MTX | MINERALS TECHNOLOGIES INC | $59.6M | 0.42% | +21,051 | +2.6% |
| 86 | ALSN | ALLISON TRANSMISSION HLDGS I | $58.6M | 0.41% | +24,423 | +5.1% |
| 87 | ORN | ORION GROUP HLDGS INC | $56.2M | 0.40% | +149,642 | +3.0% |
| 88 | KSPI | KASPI KZ JSC | $55.1M | 0.39% | +186,028 | +33.3% |
| 89 | CAH | CARDINAL HEALTH INC | $54.5M | 0.39% | -523,985 | -67.0% |
| 90 | PHG | KONINKLIJKE PHILIPS N V | $54.5M | 0.39% | +262,926 | +15.2% |
| 91 | JBS | JBS N.V. | $53.6M | 0.38% | +1,303,838 | +77.7% |
| 92 | UBS | UBS GROUP AG | $53.5M | 0.38% | -4,160 | -0.3% |
| 93 | AZO | AUTOZONE INC | $50.8M | 0.36% | +3,627 | +31.8% |
| 94 | PBH | PRESTIGE CONSMR HEALTHCARE I | $50.6M | 0.36% | +247,382 | +40.8% |
| 95 | FLEX | FLEXTRONICS INTL LTD | $49.6M | 0.35% | -44,789 | -5.6% |
| 96 | SMG | SCOTTS MIRACLE-GRO CO | $49.2M | 0.35% | +71,261 | +9.7% |
| 97 | LKQ | LKQ CORP | $47.8M | 0.34% | -272,251 | -14.3% |
| 98 | STT | STATE STR CORP | $47.4M | 0.34% | +3,906 | +1.1% |
| 99 | BK | BANK NEW YORK MELLON CORP | $44.5M | 0.31% | -7,229 | -1.9% |
| 100 | TCOM | TRIP COM GROUP LTD | $43.2M | 0.31% | +838,012 | +2802.7% |
| 101 | JPM | JPMORGAN CHASE & CO | $42.8M | 0.30% | -15,304 | -9.5% |
| 102 | SNN | SMITH & NEPHEW PLC | $42.7M | 0.30% | +161,015 | +13.6% |
| 103 | ETR | ENTERGY CORP NEW | $41.7M | 0.29% | -23,660 | -6.0% |
| 104 | FSTR | FOSTER L B CO | $41.3M | 0.29% | +120,908 | +8.9% |
| 105 | LW | LAMB WESTON HLDGS INC | $39.8M | 0.28% | +942,284 | NEW |
| 106 | VIV | TELEFONICA BRASIL SA | $39.0M | 0.28% | +172,959 | +7.6% |
| 107 | TFC | TRUIST FINL CORP | $38.3M | 0.27% | +29,520 | +3.7% |
| 108 | STM | STMICROELECTRONICS N V | $38.0M | 0.27% | -468,034 | -29.9% |
| 109 | DEO | DIAGEO PLC | $37.4M | 0.26% | +200,377 | +66.4% |
| 110 | FMS | FRESENIUS MEDICAL CARE AG | $36.3M | 0.26% | +1,610,849 | NEW |
| 111 | QRVO | QORVO INC | $36.0M | 0.25% | +22,880 | +5.2% |
| 112 | MSM | MSC INDL DIRECT INC | $34.4M | 0.24% | +53,481 | +16.8% |
| 113 | WRB | BERKLEY W R CORP | $34.0M | 0.24% | -304,775 | -37.3% |
| 114 | CNH | CNH INDL N V | $29.9M | 0.21% | +15,611 | +0.6% |
| 115 | HMC | HONDA MOTOR CO LTD | $29.9M | 0.21% | +276,642 | +29.0% |
| 116 | NVS | NOVARTIS AG | $29.0M | 0.20% | -73,227 | -27.9% |
| 117 | UTMD | UTAH MED PRODS INC | $27.9M | 0.20% | +97,957 | +27.9% |
| 118 | TKR | TIMKEN CO | $25.5M | 0.18% | -413,979 | -62.1% |
| 119 | ENIC | ENEL CHILE SA | $23.7M | 0.17% | +739,159 | +14.0% |
| 120 | AOUT | AMERICAN OUTDOOR BRANDS INC | $22.7M | 0.16% | +541,285 | +28.7% |
| 121 | SON | SONOCO PRODS CO | $21.8M | 0.15% | +35,166 | +9.5% |
| 122 | WAT | WATERS CORP | $20.7M | 0.15% | +69,454 | NEW |
| 123 | MOV | MOVADO GROUP INC | $18.1M | 0.13% | +35,156 | +5.0% |
| 124 | WPP | WPP PLC NEW | $14.0M | 0.10% | +196,657 | +28.0% |
| 125 | NTES | NETEASE COM INC | $12.2M | 0.09% | +109,401 | NEW |
| 126 | SCHL | SCHOLASTIC CORP | $11.4M | 0.08% | +12,202 | +4.4% |
| 127 | IPGP | IPG PHOTONICS CORP | $11.1M | 0.08% | -54,056 | -35.8% |
| 128 | XRAY | DENTSPLY SIRONA INC | $10.9M | 0.08% | +82,228 | +9.6% |
| 129 | MD | PEDIATRIX MEDICAL GROUP INC | $10.0M | 0.07% | +23,668 | +5.4% |
| 130 | HURC | HURCO CO | $8.7M | 0.06% | +85,689 | +16.9% |
| 131 | HCSG | HEALTHCARE SVCS GROUP INC | $8.5M | 0.06% | -246,716 | -35.0% |
| 132 | NKSH | NATIONAL BANKSHARES INC VA | $7.0M | 0.05% | -51,083 | -20.9% |
| 133 | RGP | RESOURCES CONNECTION INC | $6.8M | 0.05% | +368,834 | +25.6% |
| 134 | OMF | ONEMAIN HLDGS INC | $6.2M | 0.04% | +18 | +0.0% |
| 135 | LNSR | LENSAR INC | $6.1M | 0.04% | +168,960 | +19.7% |
| 136 | IXUS | ISHARES TR | $5.9M | 0.04% | -78,610 | -53.5% |
| 137 | NPK | NATIONAL PRESTO INDS INC | $5.5M | 0.04% | -30,261 | -42.9% |
| 138 | ZBH | ZIMMER BIOMET HOLDINGS INC | $5.4M | 0.04% | +10,577 | +21.6% |
| 139 | IQV | IQVIA HLDGS INC | $5.0M | 0.04% | — | HELD |
| 140 | BAP | CREDICORP LTD | $4.9M | 0.03% | -1,079 | -6.9% |
| 141 | BRC | BRADY CORP | $4.8M | 0.03% | -2,255 | -3.7% |
| 142 | CFG | CITIZENS FINL GROUP INC | $4.6M | 0.03% | +8,000 | +11.8% |
| 143 | TIMB | TIM S A | $4.3M | 0.03% | +11,084 | +7.4% |
| 144 | OGN | ORGANON & CO | $4.1M | 0.03% | +85,126 | +14.0% |
| 145 | TFX | TELEFLEX INCORPORATED | $4.0M | 0.03% | +33,109 | NEW |
| 146 | CENTA | CENTRAL GARDEN & PET CO | $3.9M | 0.03% | +34,695 | +40.7% |
| 147 | FFIV | F5 INC | $3.7M | 0.03% | +817 | +6.7% |
| 148 | CPB | THE CAMPBELLS COMPANY | $3.7M | 0.03% | +54,230 | +48.0% |
| 149 | WHR | WHIRLPOOL CORP | $3.4M | 0.02% | +18,888 | +43.6% |
| 150 | SHG | SHINHAN FINANCIAL GROUP CO L | $3.3M | 0.02% | -7,676 | -12.5% |
| 151 | TSN | TYSON FOODS INC | $3.3M | 0.02% | +51,203 | NEW |
| 152 | SEIC | SEI INVTS CO | $3.2M | 0.02% | +4,941 | +13.9% |
| 153 | TLK | TELEKOMUNIKASI IND | $3.1M | 0.02% | +4,381 | +2.7% |
| 154 | KOF | COCA-COLA FEMSA SAB DE CV | $3.0M | 0.02% | +827 | +2.8% |
| 155 | HDB | HDFC BANK LTD | $3.0M | 0.02% | +28,809 | +31.9% |
| 156 | FTRE | FORTREA HLDGS INC | $2.9M | 0.02% | +27,994 | +10.0% |
| 157 | AGCO | AGCO CORP | $2.9M | 0.02% | +3,245 | +15.0% |
| 158 | EXE | EXPAND ENERGY CORPORATION | $2.9M | 0.02% | +3,176 | +13.7% |
| 159 | HTLD | HEARTLAND EXPRESS INC | $2.9M | 0.02% | +32,003 | +13.1% |
| 160 | SUZ | SUZANO S A | $2.7M | 0.02% | +29,480 | +12.3% |
| 161 | UTHR | UNITED THERAPEUTICS CORP DEL | $2.5M | 0.02% | +237 | +5.9% |
| 162 | FMX | FOMENTO ECONOMICO MEXICANO S | $2.5M | 0.02% | +1,425 | +6.7% |
| 163 | SHC | SOTERA HEALTH CO | $2.4M | 0.02% | +19,651 | +13.2% |
| 164 | MZTI | MARZETTI COMPANY | $2.4M | 0.02% | +6,317 | +57.4% |
| 165 | TRU | TRANSUNION | $2.4M | 0.02% | +34,305 | NEW |
| 166 | CAG | CONAGRA BRANDS INC | $2.3M | 0.02% | +148,610 | NEW |
| 167 | AVT | AVNET INC | $2.3M | 0.02% | +4,898 | +14.9% |
| 168 | LEVI | LEVI STRAUSS & CO NEW | $2.3M | 0.02% | +14,186 | +12.8% |
| 169 | ZTO | ZTO EXPRESS CAYMAN INC | $2.2M | 0.02% | -26,872 | -23.2% |
| 170 | HSIC | SCHEIN HENRY INC | $1.9M | 0.01% | +3,520 | +15.7% |
| 171 | VBR | VANGUARD INDEX FDS | $1.8M | 0.01% | -40,782 | -83.3% |
| 172 | RCI | ROGERS COMMUNICATIONS INC | $1.8M | 0.01% | — | HELD |
| 173 | VTMX | VESTA REAL ESTATE CORP | $1.8M | 0.01% | +5,734 | +12.2% |
| 174 | ORI | OLD REP INTL CORP | $1.6M | 0.01% | +4,851 | +13.6% |
| 175 | WTM | WHITE MTNS INS GROUP LTD | $1.5M | 0.01% | +33 | +5.0% |
| 176 | LSTR | LANDSTAR SYS INC | $1.5M | 0.01% | +1,736 | +22.7% |
| 177 | EBMT | EAGLE BANCORP MONT INC | $1.3M | 0.01% | -348,925 | -84.3% |
| 178 | VT | VANGUARD INTL EQUITY INDEX F | $1.3M | 0.01% | -4,631 | -33.9% |
| 179 | UPS | UNITED PARCEL SVCS INC | $1.2M | 0.01% | -1,133 | -8.7% |
| 180 | SDA | SEALED AIR CORP NEW | $971K | 0.01% | -1,067,584 | -97.9% |
| 181 | WFG | WEST FRASER TIMBER LTD | $935K | 0.01% | +2,447 | +20.6% |
| 182 | CNA | CNA FINL CORP | $839K | 0.01% | — | HELD |
| 183 | BTI | BRITISH AMERN TOB PLC | $587K | 0.00% | -1,792 | -15.1% |
| 184 | VTV | VANGUARD INDEX FDS | $304K | 0.00% | -25,109 | -94.2% |
| 185 | MUFG | MITSUBISHI UFJ FINANCIAL GRO | $210K | 0.00% | -9,702 | -43.9% |
| 186 | NWG | NATWEST GROUP PLC | $192K | 0.00% | -483,688 | -97.4% |
| 187 | GIL | GILDAN ACTIVEWEAR INC | — | — | -1,598,946 | EXITED |
| 188 | UWMC | UWM HOLDINGS CORPORATION | — | — | -10,471,859 | EXITED |
| 189 | GTES | GATES INDL CORP PLC | — | — | -1,130,476 | EXITED |
| 190 | E | ENI S P A | — | — | -410,556 | EXITED |
| 191 | AVDL | AVADEL PHARMACEUTICALS PLC | — | — | -218,425 | EXITED |
| 192 | HO1 | HOLOGIC INC | — | — | -44,864 | EXITED |
| 193 | SEB | SEABOARD CORP DEL | — | — | -463 | EXITED |
| 194 | VWO | VANGUARD INTL EQUITY INDEX F | — | — | -24,869 | EXITED |
| 195 | HSBC | HSBC HLDGS PLC | — | — | -10,175 | EXITED |
| 196 | AIG | AMERICAN INTL GROUP INC | — | — | -4,552 | EXITED |
| 197 | GTE | GRAN TIERRA ENERGY INC | — | — | -63,869 | EXITED |
| 198 | VEA | VANGUARD TAX-MANAGED FDS | — | — | -4,208 | EXITED |
| 199 | VSS | VANGUARD INTL EQUITY INDEX F | — | — | -1,542 | EXITED |
| 200 | RTO | RENTOKIL INITIAL PLC | — | — | -7,054 | EXITED |
Source: SEC EDGAR · accession 0001015079-26-000064. 13F discloses long positions only — shorts, foreign equities, and options are excluded.