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13F-HR filed by BRANDES INVESTMENT PARTNERS, LP

BRANDES INVESTMENT PARTNERS, LP filed this 13F-HR for the quarter ended 2025-12-31, filed 2026-02-11, with 190 holding rows worth $13,139,426,036.

Accession
0001015079-26-000003
Filed
2026-02-11
Accepted by EDGAR
acceptance time not in the bulk data set
Ingested
Source
SEC quarterly data set

Original filing

13F report for Q4 2025

A holdings report, 473 entries on the cover page, a total value of $13,139,426,036 stated on the cover page (in dollars after the unit check, H1), rows summing to $13,139,426,036 with VALUE read as dollars as filed, 13F file number 028-05620. The quarter's positions are built on this report. The resolved quarter.

Other managers

  • included managerBrandes Investment Partners (Asia) Pte. Ltd. 028-24478
  • included managerBrandes Investment Partners & Co 028-14898
  • included managerBrandes Investment Partners (Europe) Ltd. 028-18793

The information table after summing rows of one CUSIP and put or call (H4), with the CUSIP and issuer name as filed. Values in dollars after the unit check (method).

Issuer as filedCUSIPClassAmountValueValue read asType
CAE INC COM124765108Stock15,157,988$461,106,539dollars as filed
EMBRAER S.A.29082A107SPONSORED ADS5,155,739$331,876,106dollars as filed
OPEN TEXT CORP COM683715106Stock9,106,157$296,679,188dollars as filed
KENNAMETAL INC489170100COM10,231,052$290,664,188dollars as filed
GRIFOLS S A398438408SP ADR REP B NVT30,954,223$289,422,024dollars as filed
Citigroup Inc.172967424COM2,361,032$275,509,938dollars as filed
MILLICOM INTL CELLULAR S AL6388F110COM STK4,836,505$268,135,917dollars as filed
Cigna Corporation125523100COM944,262$259,892,346dollars as filed
Merck & Co.,Inc.58933Y105COM2,467,525$259,732,742dollars as filed
Wells Fargo & Company949746101COM2,629,147$245,037,307dollars as filed
Bank of America Corp060505104COM4,386,202$241,241,455dollars as filed
BECTON DICKINSON & CO075887109COM1,229,707$238,651,416dollars as filed
TEXTRON INC COM883203101Stock2,735,047$238,414,878dollars as filed
AMDOCS LTDG02602103SHS2,714,965$218,582,603dollars as filed
Pfizer Inc.717081103COM8,629,182$214,866,776dollars as filed
HALLIBURTON CO COM406216101Stock7,548,930$213,332,941dollars as filed
FEDEX CORP COM31428X106Stock723,281$208,930,267dollars as filed
EPAM SYS INC COM29414B104Stock983,830$201,569,540dollars as filed
COGNIZANT TECHNOLOGY SOLUTIONS CL A192446102Stock2,322,430$192,762,703dollars as filed
SHELL PLC SPON ADS780259305ADR2,617,417$192,329,047dollars as filed
HEXCEL CORP NEW428291108COM2,506,068$185,198,912dollars as filed
HCA Healthcare Inc40412C101COM386,831$180,600,986dollars as filed
Comcast Corp20030N101COM5,994,421$179,173,400dollars as filed
Micron Technology,Inc.595112103COM591,323$168,772,967dollars as filed
INNOVEX INTERNATIONAL INC457651107COM7,656,210$167,441,313dollars as filed
PNC FINL SVCS GROUP INC COM693475105Stock797,827$166,532,757dollars as filed
ARCH CAP GROUP LTD ORDG0450A105Stock1,710,565$164,078,407dollars as filed
CARDINAL HEALTH INC14149Y108COM781,909$160,684,633dollars as filed
GLOBANT S AL44385109COM2,400,732$156,935,994dollars as filed
CORTEVA INC COM22052L104Stock2,312,515$155,008,555dollars as filed
MCKESSON CORP COM58155Q103Stock188,365$154,523,634dollars as filed
CEMEX SAB DE CV SPON ADR NEW151290889ADR12,852,316$147,673,202dollars as filed
CVS Health Corporation126650100COM1,845,342$146,447,118dollars as filed
ICON PUB LTD CO SHSG4705A100Stock776,732$141,538,361dollars as filed
SANOFI SA SPONSORED ADR80105N105ADR2,913,256$141,177,295dollars as filed
Progressive Corporation743315103COM602,276$137,152,821dollars as filed
UnitedHealth Group Inc91324P102COM400,063$132,068,583dollars as filed
WESTLAKE CORPORATION960413102COM1,670,327$123,504,691dollars as filed
FISERV INC337738108COM1,805,562$121,280,149dollars as filed
EMERSON ELEC CO COM291011104Stock908,082$120,522,042dollars as filed
MOHAWK INDS INC608190104COM1,102,574$120,512,611dollars as filed
NUTRIEN LTD COM67077M108Stock1,859,268$114,754,922dollars as filed
ARLO TECHNOLOGIES INC04206A101COMMON STOCK8,198,707$114,699,911dollars as filed
Alphabet Inc. Reg. Shares A02079K305COM335,420$104,987,744dollars as filed
EDGEWELL PERSONAL CARE CO28035Q102COM6,119,499$104,337,459dollars as filed
GILDAN ACTIVEWEAR INC COM375916103Stock1,598,946$99,870,168dollars as filed
ELANCO ANIMAL HEALTH INC COM28414H103Stock4,201,864$95,088,183dollars as filed
ALIBABA GROUP HLDG LTD01609W102SPONSORED ADS639,228$93,700,888dollars as filed
SS&C TECH HLDGS COM78467J100Stock1,052,905$92,045,508dollars as filed
WILLIS TOWERS WATSON PLC LTD SHSG96629103Stock275,591$90,561,609dollars as filed
WORLD KINECT CORPORATION981475106COM3,845,750$90,106,063dollars as filed
Chevron Corporation166764100COM584,604$89,100,411dollars as filed
Alphabet Inc. Reg. Shares C02079K107COM283,586$88,991,180dollars as filed
OMNICOM GROUP INC COM681919106Stock1,089,323$87,963,345dollars as filed
MOOG INC CL A615394202Stock356,187$86,749,345dollars as filed
Johnson & Johnson478160104COM419,162$86,746,749dollars as filed
GSK PLC SPONSORED ADR37733W204ADR1,724,576$84,573,840dollars as filed
INGLES MKTS INC CL A457030104Stock1,206,646$82,715,583dollars as filed
EVERGY INC COM30034W106Stock1,138,521$82,532,173dollars as filed
GRAHAM CORP384556106COM1,247,033$80,096,930dollars as filed
NICE LTD SPONSORED ADR653656108ADR707,208$79,944,422dollars as filed
COPA HOLDINGS SAP31076105CL A654,255$78,909,855dollars as filed
Schlumberger Limited806857108COM1,943,761$74,601,757dollars as filed
KNIGHT-SWIFT TRANSN HLDGS IN499049104CL A1,414,368$73,943,492dollars as filed
UNIFIRST CORP MASS904708104COM367,786$70,945,919dollars as filed
INTERNATIONAL FLAVORS&FRAGRANC COM459506101Stock1,043,352$70,311,944dollars as filed
PARK AEROSPACE CORP70014A104COM3,191,411$68,104,710dollars as filed
UBS GROUP AG SHSH42097107Stock1,372,632$63,567,246dollars as filed
SYSCOCORP871829107COM857,140$63,163,119dollars as filed
PETROLEO BRASILEIRO S A71654V101SP ADR NON VTG5,492,474$61,900,219dollars as filed
TAKEDA PHARMACEUTICAL CO LTD SPONSORED ADS874060205ADR3,881,882$60,518,644dollars as filed
NTNLGRIDPLCADRFSPONSOREDADR1ADRREPS5ORDSHS636274409STOK780,474$60,371,642dollars as filed
LKQ CORP COM501889208Stock1,900,120$57,383,800dollars as filed
BERKLEY W R CORP COM084423102Stock817,992$57,358,008dollars as filed
AMERICA MOVIL SAB DE CV SPON ADS RP CL B02390A101ADR2,762,821$57,107,752dollars as filed
TIMKEN CO887389104COM667,166$56,128,676dollars as filed
LABCORP HOLDINGS INC COM SHS504922105Stock222,911$55,925,745dollars as filed
AMBEV SA SPONSORED ADR02319V103ADR22,600,124$55,822,309dollars as filed
SAP SE SPON ADR803054204ADR229,454$55,741,341dollars as filed
TAIWAN SEMICONDUCTOR MFG874039100SPONSORED ADS181,617$55,196,421dollars as filed
TOTALENERGIES SE ACTF92124100Stock828,232$54,077,447dollars as filed
TARGET CORP COM87612E106Stock547,294$53,498,709dollars as filed
KENVUE INC49177J102COM3,094,648$53,382,788dollars as filed
JPMorgan Chase & Co46625H100COM160,966$51,868,245dollars as filed
MINERALS TECHNOLOGIES INC COM603158106Stock819,908$49,973,393dollars as filed
ORION GROUP HOLDINGS INC68628V308COMMON STOCK5,010,193$49,801,318dollars as filed
FLEX LTD ORDY2573F102Stock801,904$48,451,472dollars as filed
STATE STR CORP COM857477103Stock370,477$47,796,173dollars as filed
KONINKLIJKE PHILIPS N V NY REGIS SHS NEW500472303ADR1,725,997$46,740,258dollars as filed
ALLISON TRANSMISSION HLDGS I01973R101COM476,471$46,647,196dollars as filed
UWM HOLDINGS CORPORATION COM CL A91823B109Stock10,471,859$45,866,742dollars as filed
NETGEAR INC64111Q104COM1,855,555$45,516,764dollars as filed
SEALED AIR CORP NEW81211K100COM1,090,676$45,186,707dollars as filed
ARROW ELECTRS INC042735100COM409,461$45,115,289dollars as filed
INGREDION INC COM457187102Stock403,503$44,491,026dollars as filed
BANK OF NY MELLON CORP COM064058100Stock382,234$44,374,322dollars as filed
KASPI KZ JSC48581R205SPONSORED ADS558,071$43,602,239dollars as filed
SCOTTS MIRACLE-GRO CO810186106CL A737,546$43,035,810dollars as filed
STMICROELECTRONICS N V NY REGISTRY861012102ADR1,566,965$40,647,304dollars as filed
TRUIST FINL CORP COM89832Q109Stock802,907$39,511,311dollars as filed
SMITH & NEPHEW PLC SPDN ADR NEW83175M205ADR1,181,183$38,755,124dollars as filed
AUTOZONE INC COM053332102Stock11,417$38,747,461dollars as filed
PRESTIGE CONSMR HEALTHCARE I74112D101COM606,737$37,429,606dollars as filed
QORVO INC COM74736K101Stock442,000$37,354,002dollars as filed
FOSTER LB CO A350060109COMMON STOCK1,360,415$36,663,184dollars as filed
ENTERGY CORP NEW COM29364G103Stock394,372$36,452,382dollars as filed
NOVARTIS AG SPONSORED ADR66987V109ADR262,797$36,233,857dollars as filed
HONDA MOTOR CO LTD ADR ECH CNV IN 3438128308ADR953,081$28,097,174dollars as filed
TELEFONICA BRASIL SA87936R205SPONSORED ADS2,277,427$27,010,442dollars as filed
MSC INDL DIRECT INC CL A553530106Stock319,034$26,830,759dollars as filed
DIAGEO PLC SPON ADR NEW25243Q205ADR301,596$26,019,854dollars as filed
CNH INDL N V SHSN20944109Stock2,704,581$24,936,237dollars as filed
GATES INDL CORP PLCG39108108ORD SHS1,130,476$24,271,440dollars as filed
JBS N.V.N4732M103CL A SHS1,678,836$24,208,837dollars as filed
ENEL CHILE SA SPONSORED ADR29278D105ADR5,270,748$21,188,415dollars as filed
UTAH MEDICAL PRODUCTS INC917488108COMMON STOCK351,322$19,659,979dollars as filed
SONOCO PRODS CO835495102COM368,464$16,079,769dollars as filed
WPP PLC NEW ADR92937A102ADR702,057$15,768,418dollars as filed
ENI SPA SPONSORED ADR26874R108ADR410,556$15,577,045dollars as filed
AMERICAN OUTDOOR BRANDS INC02875D109COM1,887,645$14,591,496dollars as filed
MOVADO GROUP INC COM624580106Stock704,036$14,517,222dollars as filed
PAPA JOHNS INTL INC698813102COM371,409$14,295,532dollars as filed
HEALTHCARE SVCS GROUP INC421906108COM705,272$13,484,801dollars as filed
ISHARES TR46432F834COM146,997$12,441,826dollars as filed
IPG PHOTONICS CORP44980X109COM151,148$10,822,197dollars as filed
Vanguard Small-Cap Value ETF922908611SHS48,934$10,363,732dollars as filed
LENSAR INC52634L108COM856,216$9,957,792dollars as filed
DENTSPLY SIRONA INC24906P109COM856,878$9,794,116dollars as filed
PEDIATRIX MEDICAL GROUP INC58502B106COM442,273$9,460,220dollars as filed
NATWEST GROUP PLC SPONS ADR639057207ADR496,566$8,689,942dollars as filed
SCHOLASTIC CORP COM807066105Stock279,686$8,287,096dollars as filed
EAGLE BANCORP MONTANA INC26942G100COMMON STOCK413,888$8,236,371dollars as filed
NATIONAL BANKSHARES INC VA634865109COMMON STOCK244,505$8,198,253dollars as filed
ONEMAIN HLDGS INC COM68268W103Stock116,733$7,885,335dollars as filed
HURCO CO447324104COM505,717$7,813,328dollars as filed
NATIONAL PRESTO INDS INC637215104COMMON STOCK70,469$7,523,270dollars as filed
RESOURCES CONNECTION INC76122Q105COM1,442,645$7,270,931dollars as filed
IQVIA HLDGS INC COM46266C105Stock29,496$6,648,693dollars as filed
Vanguard Value ETF922908744SHS26,656$5,091,029dollars as filed
MOLSON COORS BEVERAGE CO CL B60871R209Stock107,479$5,017,120dollars as filed
BRADY CORP104674106CL A61,573$4,825,476dollars as filed
FORTREA HLDGS INC COMMON STOCK34965K107Stock279,273$4,817,459dollars as filed
AVADEL PHARMACEUTICALS PLCG29687103COM SHS218,425$4,707,059dollars as filed
CREDICORP LTDG2519Y108COM15,654$4,493,070dollars as filed
ZIMMER BIOMET HOLDINGS INC COM98956P102Stock48,863$4,393,761dollars as filed
ORGANON & CO COMMON STOCK68622V106Stock606,499$4,348,598dollars as filed
CITIZENS FINL GROUP INC COM174610105Stock68,001$3,971,938dollars as filed
TELEKOMUNIKASI IND SPONSORED ADR715684106ADR161,381$3,397,088dollars as filed
HOLOGIC INC436440101COM44,864$3,341,919dollars as filed
HDFC BANK LTD SPONSORED ADS40415F101ADR90,397$3,303,142dollars as filed
SHINHAN FINANCIAL GROUP CO LTD SPN ADR RESTRD824596100ADR61,268$3,285,888dollars as filed
THE CAMPBELLS COMPANY COM134429109Stock112,984$3,148,864dollars as filed
WHIRLPOOL CORP COM963320106Stock43,302$3,123,806dollars as filed
F5 INC COM315616102Stock12,111$3,091,454dollars as filed
SEI INVTS CO COM784117103Stock35,663$2,925,079dollars as filed
TIM SA-ADR88706T108SPONSORED ADR149,702$2,911,720dollars as filed
COCA-COLA FEMSA SAB DE CV SPONS ADS REP191241108ADR30,048$2,845,993dollars as filed
SOTERA HEALTH CO83601L102COM148,572$2,620,810dollars as filed
EXPAND ENERGY CORPORATION COM165167735Stock23,127$2,552,296dollars as filed
CENTRAL GARDEN & PET CO153527205CL A NON-VTG85,299$2,489,878dollars as filed
ZTO EXPRESS CAYMAN INC98980A105SPONSORED ADS A115,699$2,416,975dollars as filed
LEVI STRAUSS & CO NEW CL A COM STK52736R102Stock110,507$2,291,915dollars as filed
AGCO CORP001084102COM21,677$2,261,345dollars as filed
SUZANO S A SPON ADS86959K105ADR239,957$2,241,203dollars as filed
HEARTLAND EXPRESS INC422347104COM244,424$2,207,149dollars as filed
TRIP COM GROUP LTD ADS89677Q107ADR29,900$2,150,268dollars as filed
FOMENTO ECONOMICO MEXICANO S A SPON ADR UNITS344419106ADR21,222$2,145,079dollars as filed
SEABOARD CORP DEL811543107COM463$2,057,952dollars as filed
UNITED THERAPEUTICS CORP DEL COM91307C102Stock4,044$1,970,439dollars as filed
Vanguard Total World Stock ETF922042742SHS13,676$1,929,137dollars as filed
MARZETTI COMPANY513847103COM11,000$1,808,620dollars as filed
ROGERS COMMUNICATIONS INC CL B775109200Stock45,998$1,735,505dollars as filed
SCHEIN HENRY INC806407102COM22,422$1,694,655dollars as filed
OLD REP INTL CORP COM680223104Stock35,601$1,624,851dollars as filed
AVNET INC COM053807103Stock32,857$1,579,765dollars as filed
VESTA REAL ESTATE CORP92540K109ADS46,990$1,432,761dollars as filed
WHITE MTNS INS GROUP LTDG9618E107COM665$1,381,890dollars as filed
VWO922042858SHS24,869$1,336,957dollars as filed
United Parcel Service,Inc. Class B911312106COM13,086$1,298,000dollars as filed
LANDSTAR SYS INC COM515098101Stock7,634$1,097,006dollars as filed
CNA FINL CORP126117100COM18,264$871,923dollars as filed
HSBC HLDGS PLC SPON ADR NEW404280406ADR10,175$800,500dollars as filed
WEST FRASER TIMBER CO LTD COM952845105Stock11,878$725,865dollars as filed
BRITISH AMERN TOB PLC SPONSORED ADR110448107ADR11,833$669,984dollars as filed
AMERICAN INTL GROUP INC COM NEW026874784Stock4,552$389,416dollars as filed
MITSUBISHI UFJ FINANCIAL GROUP SPONSORED ADS606822104ADR22,094$350,407dollars as filed
GRAN TIERRA ENERGY INC38500T200COM63,869$270,805dollars as filed
Vanguard FTSE Developed Markets ETF921943858SHS4,208$262,874dollars as filed
Vanguard FTSE All-World ex-US Small-Cap ETF922042718SHS1,542$221,015dollars as filed
RENTOKIL INITIAL PLC SPONSORED ADR760125104ADR7,054$212,293dollars as filed

Amendment chain

FilingRoleFiledAcceptedIngested
13F-HR 0001015079-26-000003this filing2026-02-11acceptance time not in the bulk data set