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Brandes Investment Partners, LP

CIK:0001015079
Asset Manager
$27B AUM
181 holdings
La Jolla, CA, United States
Founded:1974
143 employees
Latest filing:Jun 30, 2025

Brandes Investment Partners, LP is an independent investment advisory firm headquartered in La Jolla, California, United States. Founded in 1974, Brandes is known for its value-oriented investment philosophy and serves institutional clients, financial professionals, and individual investors globally. As of 2025, the firm has approximately 143 employees and oversees a significant portfolio of global equity, fixed income, and private funds.

Investment Strategy

Brandes Investment Partners, LP follows a strict value investing discipline modeled after the principles of Benjamin Graham. Their approach involves intensive fundamental research to identify securities trading below their intrinsic value. The firm invests globally across developed and emerging markets in equities and fixed income, focusing on long-term appreciation and downside protection. Diversification and patience underpin their philosophy, and they avoid market timing or speculative strategies.

Top Buys
V
VTVVANGUARD INDEX FDS
+$150.1M
B
BDXBECTON DICKINSON & CO
+$150.1M
O
OTEXOPEN TEXT CORP
+$96.3M
C
CAECAE INC
+$84.7M
K
KMTKENNAMETAL INC
+$82.5M
Top Sells
M
MCKMCKESSON CORP
-$91.6M
L
LHLABCORP HOLDINGS INC
-$58.9M
Z
ZTOZTO EXPRESS CAYMAN INC
-$48.6M
S
STTSTATE STR CORP
-$39.5M
B
BRK-BBERKSHIRE HATHAWAY INC DEL
-$38.4M

Top Holdings

C
CAECAE INC
+3.9%$433.3M
E
ERJEMBRAER S.A.
+3.2%$357.1M
G
GRFSGRIFOLS S A
+2.3%$253.4M
T
TIGOMILLICOM INTL CELLULAR S A
+2.2%$248.2M
O
OTEXOPEN TEXT CORP
+2.2%$244.4M

Equity Positions (180)

TickerSecurityWeightMarket ValueSharesAvg CostPriceChange (QoQ)
C
CAE
CAE INC3.92%$433.3M14,803,106$19.70$29.27+$84.7M
E
ERJ
EMBRAER S.A.3.23%$357.1M6,275,601$19.78$56.91+$41.5M
G
GRFS
GRIFOLS S A2.29%$253.4M28,035,461$9.26$9.04+$70.4M
T
TIGO
MILLICOM INTL CELLULAR S A2.24%$248.2M6,624,718$19.39$37.47+$52.6M
O
OTEX
OPEN TEXT CORP2.21%$244.4M8,368,336$30.05$29.20+$96.3M

Industry Allocation

PHARMACEUTICAL PREPARATIONS
+10.2%
NATIONAL COMMERCIAL BANKS
+9.1%
MISCELLANEOUS ELECTRICAL MACHINERY, EQUIPMENT & SUPPLIES
+3.9%
SERVICES-COMPUTER PROGRAMMING SERVICES
+3.5%
AIRCRAFT
+3.2%