Latest BRANDES INVESTMENT PARTNERS, LP Stock Portfolio

$7.77Billion– No. of Holdings #185

BRANDES INVESTMENT PARTNERS, LP Performance:

2024 Q1: 7.98%YTD: 7.98%2023: 6.12%

Performance for 2024 Q1 is 7.98%, and YTD is 7.98%, and 2023 is 6.12%.

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 $7.8 Billions as of 31 Mar, 2024.

The top stock holdings of BRANDES INVESTMENT PARTNERS, LP are ERJ, WFC, BAC. The fund has invested 5.4% of it's portfolio in EMBRAER S.A. and 3.3% of portfolio in WELLS FARGO CO NEW.

The fund managers got completely rid off APPLIED MATLS INC (AMAT), AEGON LTD (AEG) and ISHARES TR (IBCE) stocks. They significantly reduced their stock positions in VANGUARD INDEX FDS (VOO), BAUSCH PLUS LOMB CORP (BLCO) and TARO PHARMACEUTICAL INDS LTD (TARO). BRANDES INVESTMENT PARTNERS, LP opened new stock positions in AMERICA MOVIL SAB DE CV (AMX), SPIRE INC (SR) and KENVUE INC. The fund showed a lot of confidence in some stocks as they added substantially to CAE INC (CAE), UTAH MED PRODS INC (UTMD) and KENNAMETAL INC (KMT).

BRANDES INVESTMENT PARTNERS, LP Equity Portfolio Value

Last Reported on: 15 May, 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 7.98% in the last quarter. In trailing 12 months, it's portfolio return was 17.9%.

New Buys

Ticker	$ Bought
america movil sab de cv	22,026,600
spire inc	2,409,260
kenvue inc	931,965
weis mkts inc	371,008
northwest nat hldg co	225,181
heartland express inc	172,378
sotera health co	168,885

New stocks bought by BRANDES INVESTMENT PARTNERS, LP

Additions

Ticker	% Inc.
cae inc	10,901
utah med prods inc	113
kennametal inc	93.98
cna finl corp	84.6
campbell soup co	84.6
cal maine foods inc	84.59
quest diagnostics inc	84.59
firstcash holdings inc	84.59

Additions to existing portfolio by BRANDES INVESTMENT PARTNERS, LP

Reductions

Ticker	% Reduced
vanguard index fds	-69.41
bausch plus lomb corp	-45.23
taro pharmaceutical inds ltd	-40.32
coca-cola femsa sab de cv	-35.28
jpmorgan chase & co	-28.64
mitsubishi ufj finl group in	-23.65
cemex sab de cv	-22.71
national presto inds inc	-18.62

BRANDES INVESTMENT PARTNERS, LP reduced stake in above stock

Sold off

Ticker	$ Sold
microstrategy inc	-9,301,810
aegon ltd	-11,073,900
eagle pharmaceuticals inc	-3,896,770
applied matls inc	-64,683,400
ishares tr	-7,644,010
vanguard intl equity index f	-2,847,930
vanguard intl equity index f	-2,610,890
vanguard intl equity index f	-794,052

BRANDES INVESTMENT PARTNERS, LP got rid off the above stocks

Sector Distribution

BRANDES INVESTMENT PARTNERS, LP has about 34.9% of it's holdings in Others sector.

Sector	%
Others	34.9
Financial Services	19.8
Healthcare	16.6
Industrials	9.2
Technology	6.1
Energy	4.7
Communication Services	2.7
Consumer Cyclical	2.6
Basic Materials	2.1
Consumer Defensive	1.3

Market Cap. Distribution

BRANDES INVESTMENT PARTNERS, LP has about 51.7% of it's portfolio invested in the large-cap and mega-cap stocks.

Category	%
LARGE-CAP	39
UNALLOCATED	34.9
MEGA-CAP	12.7
MID-CAP	7
SMALL-CAP	5.3
MICRO-CAP	1.1

Stocks belong to which Index?

About 0% of the stocks held by BRANDES INVESTMENT PARTNERS, LP either belong to S&P 500 or RUSSELL 2000 index.

Index	%
Others	100

Top 5 Winners (%)		%
ORN	orion group hldgs inc	61.8 %
GHM	graham corp	42.9 %
MU	micron technology inc	34.4 %
ARLO	arlo technologies inc	33.6 %
GTES	gates indl corp plc	31.9 %

Top 5 Winners ($)		$
MU	micron technology inc	39.0 M
WFC	wells fargo co new	38.2 M
C	citigroup inc	32.4 M
CI	the cigna group	28.4 M
MRK	merck & co inc	26.7 M

Top 5 Losers (%)		%
SHC	sotera health co	-19.8 %
EBMT	eagle bancorp mont inc	-13.8 %
IPGP	ipg photonics corp	-10.7 %
UTMD	utah med prods inc	-8.8 %
SEB	seaboard corp del	-8.7 %

Top 5 Losers ($)		$
PFE	pfizer inc	-4.4 M
FLEX	flex ltd	-3.6 M
CTSH	cognizant technology solutio	-3.3 M
LH	laboratory corp amer hldgs	-3.0 M
DRQ	dril-quip inc	-1.8 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 185 stocks in it's portfolio. About 26.4% of the portfolio is in top 10 stocks. PFE 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: 15 May, 2024

Ticker	Namesorted ascending	% Portfolio	Shares Held	$ Value	Type	% Change
ABEV	ambev sa	0.40	12,473,600	30,934,600	added	35.27

AEG	aegon ltd	0.00	0.00	0.00	sold off	-100

AIG	american intl group inc	1.75	1,738,850	135,926,000	added	8.89

AMAT	applied matls inc	0.00	0.00	0.00	sold off	-100

AMX	america movil sab de cv	0.28	1,180,420	22,026,600	new

AOUT	american outdoor brands inc	0.05	408,374	3,593,690	added	50.9

ARLO	arlo technologies inc	0.83	5,087,580	64,357,900	added	13.06

ARW	arrow electrs inc	0.04	21,037	2,723,450	added	7.13

ASAI	sendas distribuidora s a	0.03	160,834	2,377,120	reduced	-9.12

AVA	avista corp	0.03	69,293	2,426,640	reduced	-12.05

AVDL	avadel pharmaceuticals plc	0.32	1,462,220	24,697,000	reduced	-4.65

AVT	avnet inc	0.01	9,218	457,028	added	58.41

AZO	autozone inc	0.59	14,514	45,742,100	added	2.37

BABA	alibaba group hldg ltd	0.63	678,821	49,119,400	added	15.25

BAC	bank america corp	2.47	5,057,550	191,782,000	added	10.07

BAP	credicorp ltd	0.04	17,464	2,958,990	reduced	-0.96

BCS	barclays plc	0.23	1,885,790	17,820,700	added	7.74

BK	bank new york mellon corp	1.42	1,910,550	110,086,000	added	9.01

BLCO	bausch plus lomb corp	0.01	62,547	1,082,060	reduced	-45.23

BP	bp plc	0.17	343,869	12,957,000	reduced	-5.87