BRANDES INVESTMENT PARTNERS, LP
CIK 1015079 · View on SEC EDGAR ↗
- Portfolio value
- $1.0B
- Positions
- 193
- As of
- June 30, 2026
#2,429 of 9,443 by 13F value · top 25.7%
Portfolio value QoQ: +46.0% 13F does not disclose cash
- Top 10 holdings weight
- 43.77%
- Top 25 holdings weight
- 64.53%
- Positions above 1%
- 20
- Effective number of positions
- 37.8
Based on 13F long-equity holdings only (cash, bonds, shorts not disclosed)
Turnover Q2 2026: 21.38% Est. buys $403,558,686 · sells $183,306,231
Median holding: 7.0 quarters Tracked Q4 2024–Q2 2026 · 80.4% still held
- New positions
- 18
- Increased
- 77
- Decreased
- 45
- Closed
- 11
On this page
- Performance vs S&P How this manager's 13F portfolio performed against the S&P 500.
- Sector breakdown How the portfolio splits across market sectors.
- Portfolio Every stock this institution reports holding, from its latest 13F.
- High-conviction bets The holdings this manager is most concentrated in.
- Biggest new bets Brand-new positions opened in the latest quarter.
- Top moves The biggest position increases and decreases this quarter.
- Exited positions Positions the manager fully sold out of last quarter.
Performance vs S&P 500
Annualized: +34.3% · S&P 500: +17.7%
Approximates a buy-and-hold portfolio built from quarterly SEC 13F snapshots. Excludes cash, short positions, options/derivatives, and non-13(f) securities — reflects the disclosed long-equity book only, not total fund AUM. SEC filing lag is up to 45 days; this is not a real-time-copyable timing.
Priceable coverage: 96.2% · Options excluded: 0.0%
Sector breakdown
Health Care
31.7%
Industrials
21.6%
Financials
5.6%
Consumer Discretionary
3.8%
Energy
3.8%
Packaging
3.7%
Materials
2.9%
Communication Services
2.6%
Consumer Staples
2.6%
Technology
2.0%
Consumer products
1.9%
Financial Services
1.0%
Telecommunication
0.9%
Retail
0.6%
Logistics & Transportation
0.5%
Utilities
0.5%
Paper & Forest
0.3%
Real Estate
0.2%
Communications
0.1%
Other/Unmapped
14.0%
Full portfolio 193 positions
| Type | Streak | 8Q trend | |||||
|---|---|---|---|---|---|---|---|
| GSK GSK plc American Depositary Shares (Each representing two Ordinary Shares) | $77,750,479 | 7.64% | 1,483,198 | $-2,441,858 | Up ×1 | ||
| TAK Takeda Pharmaceutical Company Limited American Depositary Shares (each representing 1/2 of a share of Common Stock) | $72,765,928 | 7.15% | 4,539,347 | $72,678,551 | Up ×1 | ||
| MOGA | $47,982,926 | 4.71% | 113,210 | $46,824,950 | Up ×1 | ||
| VEA | $46,426,999 | 4.56% | 651,601 | ||||
| FMS Fresenius Medical Care AG American Depositary Shares (Each representing 1/2 of an Ordinary Share) | $43,323,176 | 4.26% | 1,916,090 | $6,982,075 | Up ×1 | ||
| SON Sonoco Products Company Common Stock | $37,447,956 | 3.68% | 664,560 | $15,615,609 | Up ×6 | ||
| UTMD Utah Medical Products, Inc. - Common Stock | $32,776,399 | 3.22% | 475,158 | $4,925,594 | Up ×6 | ||
| UNF Unifirst Corporation Common Stock | $29,775,816 | 2.93% | 112,591 | $28,927,203 | Up ×1 | ||
| AOUT American Outdoor Brands, Inc. - Common Stock | $28,896,942 | 2.84% | 2,461,409 | $6,210,736 | Up ×6 | ||
| BRC Brady Corporation Common Stock | $28,313,536 | 2.78% | 309,201 | $23,494,542 | Up ×1 | ||
| GHM Graham Corporation Common Stock | $26,042,693 | 2.56% | 210,378 | $9,439,661 | |||
| TTE TotalEnergies SE Ordinary Shares | $21,244,401 | 2.09% | 273,309 | $21,023,182 | Up ×1 | ||
| MTX Minerals Technologies Inc. Common Stock | $21,158,305 | 2.08% | 286,039 | $20,052,308 | Up ×3 | ||
| ACWI iShares MSCI ACWI ETF | $18,860,148 | 1.85% | 120,150 | Up ×1 | |||
| TKR Timken Company (The) Common Stock | $18,843,354 | 1.85% | 129,668 | $-6,619,663 | Down ×1 | ||
| IUSV iShares Core S&P U.S. Value ETF | $16,952,387 | 1.67% | 153,901 | Up ×1 | |||
| WPP WPP plc American Depositary Shares | $16,571,358 | 1.63% | 1,069,789 | $2,596,110 | Up ×2 | ||
| MSM MSC Industrial Direct Company, Inc. Common Stock | $12,596,329 | 1.24% | 105,896 | $11,857,062 | Up ×1 | ||
| ORN Orion Group Holdings, Inc. Common | $11,069,494 | 1.09% | 658,115 | $3,896,040 | |||
| CNH CNH Industrial N.V. Common Shares | $10,374,510 | 1.02% | 923,821 | $-18,309,332 | Down ×1 | ||
| HURC Hurco Companies, Inc. - Common Stock | $9,559,054 | 0.94% | 417,517 | $8,671,129 | Up ×1 | ||
| RGP Resources Connection, Inc. - Common Stock | $8,653,663 | 0.85% | 2,036,156 | $1,896,846 | Up ×6 | ||
| ZBH Zimmer Biomet Holdings, Inc. Common Stock | $6,708,563 | 0.66% | 77,925 | $1,333,998 | Up ×6 | ||
| MHK Mohawk Industries, Inc. Common Stock | $6,451,601 | 0.63% | 53,174 | $1,735,269 | Up ×3 | ||
| LNSR LENSAR, Inc. - Common Stock | $6,140,534 | 0.60% | 1,075,400 | $30,485 | Up ×6 | ||
| CFG Citizens Financial Group, Inc. Common Stock | $5,893,518 | 0.58% | 84,109 | $1,335,738 | Up ×6 | ||
| BAP Credicorp Ltd. Common Stock | $5,846,918 | 0.57% | 15,006 | $902,761 | Up ×1 | ||
| FTRE Fortrea Holdings Inc. - Common Stock | $5,836,099 | 0.57% | 335,408 | $2,941,644 | Up ×6 | ||
| IQV IQVIA Holdings, Inc. Common Stock | $5,699,217 | 0.56% | 29,496 | $668,969 | |||
| CX Cemex, S.A.B. de C.V. Sponsored ADR | $5,375,556 | 0.53% | 447,963 | $682,696 | Up ×1 | ||
| FBIN Fortune Brands Innovations, Inc. Common Stock | $5,320,853 | 0.52% | 96,919 | Up ×1 | |||
| MRK Merck & Company, Inc. Common Stock (new) | $5,291,887 | 0.52% | 41,182 | $338,104 | |||
| BDX Becton, Dickinson and Company Common Stock | $5,107,539 | 0.50% | 33,751 | $1,228,203 | Up ×4 | ||
| C Citigroup, Inc. Common Stock | $5,011,268 | 0.49% | 35,805 | $-138,794 | Down ×4 | ||
| BAC Bank of America Corporation Common Stock | $4,873,556 | 0.48% | 85,531 | $703,920 | |||
| DOX Amdocs Limited - Ordinary Shares | $4,857,096 | 0.48% | 96,104 | $-380,737 | Up ×4 | ||
| TFX Teleflex Incorporated Common Stock | $4,704,697 | 0.46% | 37,115 | $744,530 | Up ×1 | ||
| CENTA Central Garden & Pet Company - Class A Common Stock Nonvoting | $4,652,167 | 0.46% | 119,994 | $761,962 | |||
| CI The Cigna Group Common Stock | $4,607,716 | 0.45% | 16,714 | $149,256 | |||
| FSTR L.B. Foster Company - Common Stock | $4,460,718 | 0.44% | 98,754 | $1,705,481 | |||
| HXL Hexcel Corporation Common Stock | $4,414,847 | 0.43% | 44,122 | $844,054 | |||
| FDX FedEx Corporation Common Stock | $4,396,032 | 0.43% | 14,039 | $-604,379 | |||
| EPC Edgewell Personal Care Company Common Stock | $4,341,785 | 0.43% | 161,645 | $1,179,282 | Up ×6 | ||
| KOF Coca Cola Femsa S.A.B. de C.V. American Depositary Shares, each representing 10 Units (each Unit consists of 3 Series B Shares and 5 Series L Shares) | $4,145,986 | 0.41% | 39,019 | $1,133,955 | Up ×3 | ||
| SEIC SEI Investments Company - Common Stock | $4,020,100 | 0.40% | 45,834 | $833,904 | Up ×6 | ||
| MU Micron Technology, Inc. - Common Stock | $4,013,439 | 0.39% | 3,477 | $1,763,762 | Down ×5 | ||
| BRO Brown & Brown, Inc. Common Stock | $3,984,613 | 0.39% | 62,114 | Up ×1 | |||
| HAL Halliburton Company Common Stock | $3,961,727 | 0.39% | 116,693 | $-588,133 | |||
| EFX Equifax, Inc. Common Stock | $3,957,366 | 0.39% | 24,933 | $1,642,386 | Up ×1 | ||
| PGR Progressive Corporation (The) Common Stock | $3,934,940 | 0.39% | 18,013 | $788,673 | Up ×2 | ||
| ICLR ICON plc - Ordinary Shares | $3,930,710 | 0.39% | 22,628 | $1,426,696 | |||
| PNC PNC Financial Services Group, Inc. (The) Common Stock | $3,895,939 | 0.38% | 15,823 | $603,331 | |||
| WFC Wells Fargo & Company Common Stock | $3,875,403 | 0.38% | 46,895 | $142,092 | |||
| AVT Avnet, Inc. - Common Stock | $3,767,034 | 0.37% | 42,412 | $1,440,571 | Up ×6 | ||
| PFE Pfizer, Inc. Common Stock | $3,657,969 | 0.36% | 151,909 | $-607,636 | |||
| CVS CVS Health Corporation Common Stock | $3,645,371 | 0.36% | 35,238 | $1,114,578 | |||
| UNH UnitedHealth Group Incorporated Common Stock (DE) | $3,625,125 | 0.36% | 8,722 | $756,871 | Down ×1 | ||
| VWO | $3,578,242 | 0.35% | 59,946 | ||||
| ACGL Arch Capital Group Ltd. - Common Stock | $3,535,313 | 0.35% | 36,424 | $38,973 | |||
| LEVI Levi Strauss & Co Class A Common Stock | $3,491,222 | 0.34% | 140,605 | $1,185,648 | Up ×6 | ||
| COO The Cooper Companies, Inc. - Common Stock | $3,437,634 | 0.34% | 47,938 | Up ×1 | |||
| SHG Shinhan Financial Group Co Ltd American Depositary Shares | $3,434,554 | 0.34% | 54,299 | $148,148 | Up ×1 | ||
| AGCO AGCO Corporation Common Stock | $3,433,116 | 0.34% | 28,681 | $545,404 | Up ×6 | ||
| TIMB TIM S.A. American Depositary Shares (Each representing 5 Common Shares) | $3,415,161 | 0.34% | 159,437 | $-844,102 | Down ×1 | ||
| AJG Arthur J. Gallagher & Co. Common Stock | $3,407,278 | 0.33% | 14,842 | $1,018,184 | Up ×1 | ||
| WKC World Kinect Corporation Common Stock | $3,383,465 | 0.33% | 102,716 | $1,013,807 | |||
| SHC Sotera Health Company - Common Stock | $3,354,200 | 0.33% | 188,969 | $941,882 | Up ×6 | ||
| FMX Fomento Economico Mexicano S.A.B. de C.V. Common Stock | $3,331,737 | 0.33% | 26,048 | $816,345 | Up ×4 | ||
| TSN Tyson Foods, Inc. Common Stock | $3,270,979 | 0.32% | 57,135 | $-9,597 | Up ×1 | ||
| INGR Ingredion Incorporated Common Stock | $3,254,614 | 0.32% | 34,364 | $2,428,591 | Up ×3 | ||
| EMR Emerson Electric Company Common Stock | $3,252,797 | 0.32% | 22,723 | $275,630 | |||
| ZBRA Zebra Technologies Corporation - Class A Common Stock | $3,104,888 | 0.31% | 11,794 | Up ×1 | |||
| GRFS Grifols, S.A. - American Depositary Shares | $3,085,733 | 0.30% | 435,838 | $164,889 | Up ×3 | ||
| MZTI The Marzetti Company - Common Stock | $3,048,072 | 0.30% | 26,700 | $652,611 | Up ×6 | ||
| CAE CAE Inc. Ordinary Shares | $2,999,081 | 0.29% | 119,676 | $1,196,864 | Up ×1 | ||
| EFA | $2,968,144 | 0.29% | 28,572 | Up ×1 | |||
| CMCSA Comcast Corporation - Class A Common Stock | $2,953,537 | 0.29% | 120,307 | $-99,312 | Up ×1 | ||
| ARLO Arlo Technologies, Inc. Common Stock | $2,911,019 | 0.29% | 215,951 | $93,707 | Up ×3 | ||
| ZTS Zoetis Inc. Class A Common Stock | $2,867,286 | 0.28% | 39,901 | Up ×1 | |||
| CPB The Campbell's Company - Common Stock | $2,764,954 | 0.27% | 124,156 | $-958,902 | Down ×1 | ||
| TRU TransUnion Common Stock | $2,758,850 | 0.27% | 38,243 | $385,287 | Up ×1 | ||
| WHR Whirlpool Corporation Common Stock | $2,733,225 | 0.27% | 69,336 | $-620,060 | Up ×6 | ||
| EXE Expand Energy Corporation - Common Stock | $2,725,031 | 0.27% | 29,883 | $-162,512 | Up ×4 | ||
| EVRG Evergy, Inc. - Common Stock | $2,696,789 | 0.26% | 31,202 | $140,721 | |||
| MAT Mattel, Inc. - Common Stock | $2,670,498 | 0.26% | 192,399 | Up ×1 | |||
| INVX Innovex International, Inc. Common Stock | $2,610,002 | 0.26% | 105,242 | $-62,703 | Down ×3 | ||
| UTHR United Therapeutics Corporation - Common Stock | $2,569,358 | 0.25% | 4,742 | $30,811 | Up ×6 | ||
| TAP Molson Coors Beverage Company Class B Common Stock | $2,548,685 | 0.25% | 65,418 | $277,485 | Up ×2 | ||
| HSIC Henry Schein, Inc. - Common Stock | $2,513,869 | 0.25% | 30,099 | $601,944 | Up ×6 | ||
| HCA HCA Healthcare, Inc. Common Stock | $2,504,263 | 0.25% | 6,423 | $-423,673 | Up ×1 | ||
| PZZA Papa John's International, Inc. - Common Stock | $2,492,822 | 0.24% | 67,795 | $519,636 | Up ×1 | ||
| OMC Omnicom Group Inc. Common Stock | $2,488,892 | 0.24% | 34,174 | $-84,752 | |||
| IPGP IPG Photonics Corporation - Common Stock | $2,450,463 | 0.24% | 20,887 | $57,022 | |||
| LSTR Landstar System, Inc. - Common Stock | $2,259,193 | 0.22% | 10,924 | $757,088 | Up ×6 | ||
| TLK PT Telekomunikasi Indonesia, Tbk | $2,258,145 | 0.22% | 168,141 | $-838,313 | Up ×2 | ||
| IFF International Flavors & Fragrances, Inc. Common Stock | $2,233,449 | 0.22% | 28,193 | $188,047 | |||
| WLK Westlake Corporation Common Stock | $2,224,237 | 0.22% | 30,469 | $-1,335,152 | |||
| MCK McKesson Corporation Common Stock | $2,188,973 | 0.22% | 2,897 | $-317,975 | |||
| MD Pediatrix Medical Group, Inc. Common Stock | $2,103,150 | 0.21% | 83,030 | $327,138 | |||
| SUZ Suzano S.A. American Depositary Shares (each representing One Ordinary Share) | $2,076,980 | 0.20% | 267,651 | $-620,090 | Down ×1 | ||
| No matches | |||||||
Conviction holdings
Positions increased for 3+ consecutive quarters.
Share counts are as reported in 13F filings (not split-adjusted)
| Security | Value | % of portfolio | Streak |
|---|---|---|---|
| SON | $37,447,956 | 3.68% | up ×6 |
| UTMD | $32,776,399 | 3.22% | up ×6 |
| AOUT | $28,896,942 | 2.84% | up ×6 |
| MTX | $21,158,305 | 2.08% | up ×3 |
| RGP | $8,653,663 | 0.85% | up ×6 |
| ZBH | $6,708,563 | 0.66% | up ×6 |
| MHK | $6,451,601 | 0.63% | up ×3 |
| LNSR | $6,140,534 | 0.60% | up ×6 |
| CFG | $5,893,518 | 0.58% | up ×6 |
| FTRE | $5,836,099 | 0.57% | up ×6 |
| BDX | $5,107,539 | 0.50% | up ×4 |
| DOX | $4,857,096 | 0.48% | up ×4 |
| EPC | $4,341,785 | 0.43% | up ×6 |
| KOF | $4,145,986 | 0.41% | up ×3 |
| SEIC | $4,020,100 | 0.40% | up ×6 |
Biggest new bets
New positions opened this quarter, largest first.
| Security | Value | Shares | % of portfolio |
|---|---|---|---|
| VEA | $46,426,999 | 651,601 | 4.56% |
| ACWI | $18,860,148 | 120,150 | 1.85% |
| IUSV | $16,952,387 | 153,901 | 1.67% |
| FBIN | $5,320,853 | 96,919 | 0.52% |
| BRO | $3,984,613 | 62,114 | 0.39% |
| VWO | $3,578,242 | 59,946 | 0.35% |
| COO | $3,437,634 | 47,938 | 0.34% |
| ZBRA | $3,104,888 | 11,794 | 0.31% |
| EFA | $2,968,144 | 28,572 | 0.29% |
| ZTS | $2,867,286 | 39,901 | 0.28% |
| MAT | $2,670,498 | 192,399 | 0.26% |
| COF | $1,124,274 | 5,604 | 0.11% |
| IWB | $994,479 | 2,428 | 0.10% |
| Unknown issuer (CUSIP: 314352105) | $525,630 | 3,481 | 0.05% |
| VEU | $282,740 | 3,376 | 0.03% |
Top movers (QoQ)
| Security | Action | Shares Δ | Value Δ |
|---|---|---|---|
| CNH | Trimmed | -1.7M | -$18.3M |
| SON | Bought more | +261K | +$15.6M |
| GHM | Price move only | +0 | +$9.4M |
| FMS | Bought more | +305K | +$7.0M |
| TKR | Trimmed | -124K | -$6.6M |
| AOUT | Bought more | +32K | +$6.2M |
| UTMD | Bought more | +26K | +$4.9M |
| IXUS | Trimmed | -53K | -$4.5M |
| ORN | Price move only | +0 | +$3.9M |
| FTRE | Bought more | +28K | +$2.9M |
9 positions hidden (data completeness check)
Exited positions
Includes corporate events (mergers, delistings) — not all exits are sells
Closed positions reflect 13F reporting changes; for index managers these are often mechanical (delisting, M&A, index rebalancing), not active decisions.
| Security | Quarter | Shares before | Value before | Price since exit |
|---|---|---|---|---|
| UWMC | Sept. 30, 2025 | 12,228,813 | $50,627,286 | -76.5% |
| UWMC | March 31, 2026 | 10,471,859 | $45,866,742 | -60.5% |
| MOV | June 30, 2026 | 739,192 | $18,051,069 | -9.8% |
| BP | March 31, 2025 | 299,423 | $8,850,948 | 33.9% |
| NKSH | June 30, 2026 | 193,422 | $7,042,495 | 15.0% |
| SWI | March 31, 2025 | 485,329 | $6,915,938 | No longer tracked |
| CRH | Dec. 31, 2025 | 55,928 | $6,706,271 | -24.2% |
| PINC | Dec. 31, 2025 | 232,034 | $6,450,545 | No longer tracked |
| FLS | March 31, 2025 | 106,877 | $6,147,565 | 62.1% |
| SR | March 31, 2025 | 85,316 | $5,786,984 | 6.6% |
| NPK | June 30, 2026 | 40,208 | $5,510,908 | 21.8% |
| AVDL | March 31, 2026 | 218,425 | $4,707,059 | No longer tracked |
| VT | March 31, 2025 | 38,144 | $4,481,157 | No longer tracked |
| HOLX | March 31, 2026 | 44,864 | $3,341,919 | No longer tracked |
| HTLD | June 30, 2026 | 276,427 | $2,874,841 | -16.6% |
| HBI | Dec. 31, 2025 | 398,097 | $2,623,459 | No longer tracked |
| NWN | June 30, 2025 | 56,215 | $2,401,505 | 27.5% |
| CRDA | June 30, 2025 | 209,400 | $2,391,348 | No longer tracked |
| NTES | Sept. 30, 2025 | 17,474 | $2,351,768 | -16.0% |
| ZTO | June 30, 2026 | 88,827 | $2,235,814 | -3.6% |
| SEB | March 31, 2026 | 463 | $2,057,952 | No longer tracked |
| IPG | Dec. 31, 2025 | 67,592 | $1,886,493 | No longer tracked |
| PAHC | Dec. 31, 2025 | 38,475 | $1,556,699 | -4.8% |
| VWO | March 31, 2026 | 24,869 | $1,336,957 | No longer tracked |
| EBMT | June 30, 2026 | 64,963 | $1,336,939 | -5.1% |
| IXUS | June 30, 2025 | 17,906 | $1,250,018 | |
| VWO | March 31, 2025 | 28,139 | $1,239,242 | No longer tracked |
| BCS | June 30, 2025 | 74,892 | $1,150,342 | 44.7% |
| DGX | Sept. 30, 2025 | 6,212 | $1,115,862 | 26.2% |
| WMK | June 30, 2025 | 13,511 | $1,041,023 | -2.3% |
| SXT | June 30, 2025 | 13,935 | $1,037,182 | 35.4% |
| SEE | June 30, 2026 | 23,092 | $971,019 | No longer tracked |
| SKX | June 30, 2025 | 15,653 | $888,777 | No longer tracked |
| GIL | March 31, 2026 | 13,663 | $853,391 | 1.8% |
| BRKB | June 30, 2025 | 1,598 | $851,063 | No longer tracked |
| HSBC | March 31, 2026 | 10,175 | $800,500 | 26.4% |
| BRKA | March 31, 2025 | 1 | $680,920 | No longer tracked |
| BUD | Sept. 30, 2025 | 8,987 | $617,620 | 30.7% |
| CSCO | June 30, 2025 | 8,508 | $525,029 | 60.0% |
| KELYA | March 31, 2025 | 36,617 | $510,441 | 26.5% |
| JCI | March 31, 2025 | 6,454 | $509,414 | 81.0% |
| ASAIY | March 31, 2025 | 103,263 | $461,587 | No longer tracked |
| GTES | March 31, 2026 | 21,497 | $461,541 | 15.7% |
| NTR | June 30, 2026 | 5,726 | $432,084 | 16.8% |
| AIG | March 31, 2026 | 4,552 | $389,416 | 1.9% |
| WAT | June 30, 2026 | 1,262 | $375,824 | 6.1% |
| GD | June 30, 2025 | 1,329 | $362,259 | 33.0% |
| VTV | June 30, 2026 | 1,547 | $303,521 | No longer tracked |
| GTE | March 31, 2026 | 63,869 | $270,805 | No longer tracked |
| VEA | March 31, 2026 | 4,208 | $262,874 | No longer tracked |
| VSS | March 31, 2026 | 1,542 | $221,015 | No longer tracked |
| RTO | March 31, 2026 | 7,054 | $212,293 | -24.9% |
| NWG | June 30, 2026 | 12,878 | $191,877 | 5.4% |
| EQC | June 30, 2025 | 116,651 | $187,808 | No longer tracked |
| E | March 31, 2026 | 141 | $5,350 | 0.3% |