Q2 2026 13F · SEC CIK 1015079

Brandes Investment Partners, LP

Institutional asset managerFiled 2026-08-14 for Q2 2026. Open the filing ↗ · All SEC filings ↗

Reported 13F value: $14.3B
Reported positions: 192
Top holdings a year, 3 yrs: +17.6%
Assets under management: $40.6B

Brandes Investment Partners, LP is an institutional asset manager that reported 192 positions worth $14.3B in its Q2 2026 13F, filed 2026-08-14. Its largest holdings were Cae Inc (CAE, 3.2%), Embraer SA ADR (EMBJ, 2.7%), Mohawk Inds Inc (MHK, 2.4%). A portfolio copying its top holdings returned 17.6% a year over the last 3 years, against 20.4% for the S&P 500.

Brandes Investment Partners, LP holdings largest 50 of 192 positions.

Weights are shares of the filer's total reported 13F value, compared with Q1 2026. Share changes may reflect splits; weight changes also reflect price moves. A 13F shows long US-listed positions only, up to 135 days after the fact.

Brandes Investment Partners, LP 13F holdings
Stock	% of 13F value	Q1 2026	Shares	Share change	Reported value
CAECae Inc	3.2%	2.9%	18,397,515	+15.9%	$461.0M
EMBJEmbraer SA ADR	2.7%	2.4%	6,036,219	+5.8%	$385.1M
MHKMohawk Inds Inc	2.4%	1.8%	2,797,526	+6.8%	$339.4M
OTEXOpen Text Corp	2.0%	1.9%	13,061,929	+7.6%	$289.3M
GRFSGrifols S A	1.9%	2.1%	37,816,285	+4.1%	$267.7M
NICENice Ltd	1.8%	1.7%	2,861,960	+28.4%	$260.0M
BDXBecton Dickinson & Co	1.8%	1.7%	1,671,540	+10.3%	$253.0M
TIGOMillicom Intl Cellular S A	1.8%	1.7%	2,754,039	-15.5%	$250.0M
CNHICnh Indl N V	1.7%	—	21,878,681	—	$245.7M
MRKMerck & Co Inc	1.7%	2.0%	1,910,947	-17.0%	$245.6M
CCitigroup Inc	1.6%	2.0%	1,670,362	-31.7%	$233.8M
CIThe Cigna Group	1.6%	1.9%	843,317	-16.4%	$232.5M
DOXAmdocs Ltd	1.6%	2.1%	4,581,633	-1.6%	$231.6M
TXTTextron Inc	1.6%	1.8%	2,521,792	-11.2%	$231.3M
BACBank of Amer Corp	1.5%	1.6%	3,803,522	-16.7%	$216.7M
HXLHexcel Corp New	1.5%	1.3%	2,134,549	-4.5%	$213.6M
ICLRIcon Plc	1.4%	1.1%	1,185,774	-17.4%	$206.0M
EPCEdgewell Personal Care Co	1.3%	1.0%	7,059,831	+5.0%	$189.6M
WFCWells Fargo & Co	1.3%	1.6%	2,290,534	-16.9%	$189.3M
AJGGallagher Arthur J & Co	1.3%	1.1%	813,014	+15.9%	$186.6M
PFEPfizer Inc	1.3%	1.8%	7,634,806	-16.2%	$183.8M
EFXEquifax Inc	1.3%	1.0%	1,152,350	+54.2%	$182.9M
SNYNFSanofi SA	1.2%	1.3%	4,136,417	+11.1%	$176.5M
UNHUnitedhealth Group Inc	1.2%	1.2%	424,159	-31.8%	$176.3M
FDXFedex Corp	1.2%	1.8%	561,978	-20.5%	$176.0M
CVSCvs Health Corp	1.2%	1.0%	1,674,319	-15.0%	$173.2M
PGRProgressive Corp	1.2%	1.2%	789,561	-9.1%	$172.5M
HALHalliburton Co	1.2%	1.7%	4,979,851	-20.8%	$169.1M
PNCPnc Finl Svcs Group Inc	1.2%	1.2%	677,618	-16.8%	$166.8M
SHELShell PLC	1.2%	1.8%	2,127,279	-22.7%	$165.0M
ACGLArch Cap Group Ltd	1.0%	1.2%	1,518,218	-14.3%	$147.4M
ARLOArlo Technologies Inc Com	1.0%	1.0%	10,753,652	+5.2%	$145.0M
WKCWorld Kinect Corporation	1.0%	0.7%	4,399,303	+2.6%	$144.9M
INVXInnovex International Inc	1.0%	1.1%	5,727,445	-13.0%	$142.0M
CPBThe Campbells Company	1.0%	—	6,334,950	—	$141.1M
ZTSZoetis Inc	1.0%	—	1,930,651	—	$138.7M
CMCSAComcast Corp New	1.0%	1.3%	5,626,422	-12.5%	$138.1M
GHMGraham Corp	0.9%	—	1,079,699	—	$133.7M
HCAHca Healthcare Inc	0.8%	1.1%	311,035	-9.4%	$121.3M
CPACopa Holdings SA	0.8%	—	769,630	—	$119.7M
CXCemex Sab de Cv Spon ADR New	0.8%	0.7%	9,957,989	+9.4%	$119.5M
EMREmerson Elec Co	0.8%	0.9%	813,136	-14.7%	$116.4M
INGRIngredion Inc	0.8%	—	1,227,467	—	$116.3M
GLOBGlobant S A	0.8%	1.1%	4,000,333	+16.8%	$115.8M
WLKWestlake Corp	0.8%	1.5%	1,572,939	-14.6%	$114.8M
IMKTAIngles Mkts Inc	0.8%	0.8%	1,260,027	+0.6%	$111.6M
NGGNational Grid PLC	0.8%	0.8%	1,345,982	+2.6%	$111.5M
MCKMckesson Corp	0.7%	1.1%	140,534	-18.5%	$106.2M
GOOGAlphabet Inc	0.7%	—	296,414	—	$104.7M
PZZAPapa Johns Intl Inc	0.7%	—	2,730,683	—	$100.4M

What Brandes Investment Partners, LP bought and sold in Q2 2026, against Q1 2026.

New positions

Q1 2026's filing was too long to tell new positions apart.

Share counts compared with the Q1 2026 13F; a split also changes share counts. The latest filing lists more than 50 positions, so a position that left the top 50 may still be held.

How the holdings did against the S&P 500.

1 year: +14.7% /yr; S&P 500 +20.1%
3 years: +17.6% /yr; S&P 500 +20.4%
5 years: +11.0% /yr; S&P 500 +11.6%

A portfolio of the filer's 20 largest 13F positions, weighted by value, bought the trading day after each 13F was filed and held until the next one was: what copying this filer could have earned. 13Fs show long US-listed positions only, so this is an estimate of the stock picks, not the fund's reported returns.

Reported 13F value by quarter.

13F value by quarter
Quarter	13F value	Positions
Q2 2026	$14.3B	192
Q1 2026	$14.1B	186
Q4 2025	$13.1B	190
Q3 2025	$12.5B	180
Q2 2025	$11.1B	181
Q1 2025	$9.8B	185
Q4 2024	$8.9B	190
Q3 2024	$8.9B	186
Q2 2024	$8.1B	187
Q1 2024	$7.8B	185
Q4 2023	$6.6B	186
Q3 2023	$5.1B	151

Questions about Brandes Investment Partners, LP's portfolio

What stocks does Brandes Investment Partners, LP own?

Brandes Investment Partners, LP's latest 13F, for Q2 2026 and filed Aug 14, 2026, lists 192 positions worth $14.3B. The largest are Cae Inc (CAE) at 3.2%, Embraer SA ADR (EMBJ) at 2.7%, Mohawk Inds Inc (MHK) at 2.4%, Open Text Corp (OTEX) at 2.0% and Grifols S A (GRFS) at 1.9%.

What did Brandes Investment Partners, LP buy last quarter?

In Q2 2026, Brandes Investment Partners, LP added Equifax Inc (EFX) (+54.2% shares), Nice Ltd (NICE) (+28.4% shares) and Globant S A (GLOB) (+16.8% shares), compared with its Q1 2026 filing.

What did Brandes Investment Partners, LP sell last quarter?

In Q2 2026, Brandes Investment Partners, LP cut from its top 50 Kennametal Inc (KMT), cut from its top 50 Cognizant Technology Solutio (CTSH), cut from its top 50 EPAM Systems Inc (EPAM), cut from its top 50 Micron Technology Inc (MU), cut from its top 50 Fiserv Inc (FISV), Unitedhealth Group Inc (UNH) (-31.8% shares), Citigroup Inc (C) (-31.7% shares) and Shell PLC (SHEL) (-22.7% shares), compared with its Q1 2026 filing.

How has Brandes Investment Partners, LP's portfolio performed?

A portfolio copying Brandes Investment Partners, LP's 20 largest 13F holdings each quarter, from the day each filing was public, returned +17.6% a year over the last 3 years, against +20.4% for the S&P 500. Over 1 year: +14.7% against +20.1%. Over 5 years: +11.0% a year against +11.6%.

When is Brandes Investment Partners, LP's next 13F filing due?

13F filings are due 45 days after each quarter ends. Brandes Investment Partners, LP's filing for the quarter ending Sep 30, 2026 is due by Nov 14, 2026; this page updates the day after it is published.

How much money does Brandes Investment Partners, LP manage?

Brandes Investment Partners, LP reported $40.6B of regulatory assets under management on its latest SEC Form ADV. Its 13F, which covers only US-listed stocks and options, totals $14.3B.