Latest BRANDES INVESTMENT PARTNERS, LP Stock Portfolio

$8.12Billion– No. of Holdings #187

BRANDES INVESTMENT PARTNERS, LP Performance:

2024 Q2: -1.69%YTD: 6.16%2023: 6.51%

Performance for 2024 Q2 is -1.69%, and YTD is 6.16%, and 2023 is 6.51%.

About BRANDES INVESTMENT PARTNERS, LP and 13F Hedge Fund Stock Holdings

BRANDES INVESTMENT PARTNERS, LP is a hedge fund based in LA JOLLA, CA. On 30-Mar-2023, the fund reported that it had an AUM (Regulated Assets under Management) of $17.5 Billions. In it's latest 13F Holdings report, BRANDES INVESTMENT PARTNERS, LP reported an equity portfolio of $8.1 Billions as of 30 Jun, 2024.

The top stock holdings of BRANDES INVESTMENT PARTNERS, LP are ERJ, WFC, BAC. The fund has invested 3.9% of it's portfolio in EMBRAER S.A. and 2.9% of portfolio in WELLS FARGO CO NEW.

The fund managers got completely rid off LABORATORY CORP AMER HLDGS (LH), AVADEL PHARMACEUTICALS PLC (AVDL) and SPIRIT AEROSYSTEMS HLDGS INC (SPR) stocks. They significantly reduced their stock positions in UNILEVER PLC, OLD REP INTL CORP (ORI) and BAUSCH PLUS LOMB CORP (BLCO). BRANDES INVESTMENT PARTNERS, LP opened new stock positions in LABCORP HOLDINGS INC, ARCH CAP GROUP LTD (ACGL) and ENTERGY CORP NEW (ETR). The fund showed a lot of confidence in some stocks as they added substantially to KENVUE INC, SEALED AIR CORP NEW (SEE) and NORTHWEST NAT HLDG CO (NWN).

BRANDES INVESTMENT PARTNERS, LP Equity Portfolio Value

Last Reported on: 19 Aug, 2024

BRANDES INVESTMENT PARTNERS, LP Annual Return Estimates Vs S&P 500

Our best estimate is that BRANDES INVESTMENT PARTNERS, LP made a return of -1.69% in the last quarter. In trailing 12 months, it's portfolio return was 11.95%.

New Buys

Ticker	$ Bought
labcorp holdings inc	100,609,000
arch cap group ltd	48,118,700
entergy corp new	32,017,000
knight-swift transn hldgs in	30,251,400
ishares tr	21,300,600
avadel pharmaceuticals plc	20,894,500
cnh indl n v	7,072,020
resources connection inc	2,590,180

New stocks bought by BRANDES INVESTMENT PARTNERS, LP

Additions

Ticker	% Inc.
kenvue inc	3,620
sealed air corp new	2,050
northwest nat hldg co	1,040
sotera health co	301
open text corp	236
ipg photonics corp	163
ingles mkts inc	111
whirlpool corp	110

Additions to existing portfolio by BRANDES INVESTMENT PARTNERS, LP

Reductions

Ticker	% Reduced
unilever plc	-98.95
old rep intl corp	-97.64
anheuser busch inbev sa/nv	-95.14
bausch plus lomb corp	-77.43
chesapeake energy corp	-76.9
vanguard index fds	-59.57
tim s a	-59.25
mercury genl corp new	-43.5

BRANDES INVESTMENT PARTNERS, LP reduced stake in above stock

Sold off

Ticker	$ Sold
avadel pharmaceuticals plc	-24,697,000
laboratory corp amer hldgs	-86,107,400
spirit aerosystems hldgs inc	-13,570,200
taro pharmaceutical inds ltd	-12,021,000
sprouts fmrs mkt inc	-623,973
manulife finl corp	-210,341
cal maine foods inc	-444,965
firstcash holdings inc	-688,844

BRANDES INVESTMENT PARTNERS, LP got rid off the above stocks

Sector Distribution

BRANDES INVESTMENT PARTNERS, LP has about 34.7% of it's holdings in Others sector.

Sector	%
Others	34.7
Financial Services	19.2
Healthcare	14.7
Industrials	9.7
Technology	6.9
Energy	4.6
Communication Services	3.3
Consumer Cyclical	2.6
Basic Materials	2.2
Consumer Defensive	1.4

Market Cap. Distribution

BRANDES INVESTMENT PARTNERS, LP has about 52.2% of it's portfolio invested in the large-cap and mega-cap stocks.

Category	%
LARGE-CAP	42.2
UNALLOCATED	34.9
MEGA-CAP	10
MID-CAP	6.2
SMALL-CAP	5.5
MICRO-CAP	1.2

Stocks belong to which Index?

About 61% of the stocks held by BRANDES INVESTMENT PARTNERS, LP either belong to S&P 500 or RUSSELL 2000 index.

Index	%
S&P 500	54.7
Others	39
RUSSELL 2000	6.3

Top 5 Winners (%)		%
UTHR	united therapeutics corp del	37.3 %
GTE	gran tierra energy inc	35.4 %
PAHC	phibro animal health corp	29.8 %
LNSR	lensar inc	22.7 %
GOOG	alphabet inc	20.3 %

Top 5 Winners ($)		$
MU	micron technology inc	14.2 M
MCK	mckesson corp	13.8 M
GOOG	alphabet inc	13.2 M
GOOG	alphabet inc	12.7 M
BAC	bank america corp	9.6 M

Top 5 Losers (%)		%
CVS	cvs health corp	-24.6 %
MD	pediatrix medical group inc	-24.5 %
HURC	hurco co	-23.0 %
TAP	molson coors beverage co	-22.4 %
FSTR	foster l b co	-20.9 %

Top 5 Losers ($)		$
CVS	cvs health corp	-31.9 M
HAL	halliburton co	-22.8 M
MHK	mohawk inds inc	-16.3 M
CAH	cardinal health inc	-16.3 M
CI	the cigna group	-15.7 M

BRANDES INVESTMENT PARTNERS, LP Holdings Map

This heatmap illustrates the top 50 positions within the fund's portfolio.

Current Stock Holdings of BRANDES INVESTMENT PARTNERS, LP

BRANDES INVESTMENT PARTNERS, LP has 187 stocks in it's portfolio. About 25.5% of the portfolio is in top 10 stocks. CVS proved to be the most loss making stock for the portfolio. MU was the most profitable stock for BRANDES INVESTMENT PARTNERS, LP last quarter.

Last Reported on: 19 Aug, 2024

Ticker	Namesorted ascending	% Portfolio	Shares Held	$ Value	Type	% Change
ACGL	arch cap group ltd	0.59	476,907	48,118,700	new

AIG	american intl group inc	1.46	1,594,560	118,450,000	reduced	-8.3

AMX	america movil sab de cv	0.25	1,213,420	20,478,600	added	2.8

AOUT	american outdoor brands inc	0.08	697,603	6,177,620	added	70.82

ARLO	arlo technologies inc	0.82	5,140,830	66,991,100	added	1.05

ARW	arrow electrs inc	0.03	21,982	2,653,990	added	4.49

ASAI	sendas distribuidora s a	0.02	143,990	1,368,860	reduced	-10.47

AVA	avista corp	0.03	77,344	2,661,820	added	11.62

AVDL	avadel pharmaceuticals plc	0.00	0.00	0.00	sold off	-100

AVT	avnet inc	0.01	12,098	622,926	added	31.24

AZO	autozone inc	0.63	17,174	50,896,600	added	18.33

BABA	alibaba group hldg ltd	0.63	711,054	51,341,300	added	4.75

BAC	bank america corp	2.68	5,485,020	217,949,000	added	8.45

BAP	credicorp ltd	0.03	16,027	2,571,540	reduced	-8.23

BK	bank new york mellon corp	1.53	2,071,860	124,033,000	added	8.44

BLCO	bausch plus lomb corp	0.00	14,119	205,008	reduced	-77.43

C	citigroup inc	2.39	3,068,540	194,345,000	added	8.23

CAE	cae inc	2.54	11,071,500	206,027,000	added	103

CAH	cardinal health inc	1.59	1,315,320	129,439,000	added	10.14

CALM	cal maine foods inc	0.00	0.00	0.00	sold off	-100