1y return+20.0%S&P 500 +20.9%
3y return+63.3%S&P 500 +68.5%
5y return+71.7%S&P 500 +74.5%
10y return+168.0%S&P 500 +256.5%
These returns are for its stock picks as disclosed on Form 13F: last quarter's holdings, valued at this quarter's prices. They miss trades within each quarter, short positions, options, bonds, cash and fees, so they aren't the returns its clients got.
$100 invested in its stock picks
Since June 30, 2016: $268 against $357 in the S&P 500.2
Brandes Investment Partners, LPS&P 500 (SPY)
Top holdings
At the end of June 30, 2026. Change is in shares since the quarter before.2
| Stock | Value | Share of portfolio | Change |
|---|---|---|---|
| CAECae Inc | $461.0M | 3.2% | +15.9% |
| EMBJEmbraer S.a. | $385.1M | 2.7% | +5.8% |
| MHKMohawk Inds Inc | $339.4M | 2.4% | +6.8% |
| OTEXOpen Text Corp | $289.3M | 2.0% | +7.6% |
| GRFSGrifols S A | $267.7M | 1.9% | +4.1% |
| NICENice Ltd | $260.0M | 1.8% | +28.4% |
| BDXBecton Dickinson & Co | $253.0M | 1.8% | +10.3% |
| Millicom Intl Cellular S ACUSIP L6388F110 | $250.0M | 1.8% | −15.5% |
| Cnh Indl N VCUSIP N20944109 | $245.7M | 1.7% | +704.3% |
| MRKMerck & Co Inc | $245.6M | 1.7% | −17.0% |
| CCitigroup Inc | $233.8M | 1.6% | −31.7% |
| CIThe Cigna Group | $232.5M | 1.6% | −16.4% |
| Amdocs LtdCUSIP G02602103 | $231.6M | 1.6% | −1.6% |
| TXTTextron Inc | $231.3M | 1.6% | −11.2% |
| BACBank Of Amer Corp | $216.7M | 1.5% | −16.7% |
| HXLHexcel Corp New | $213.6M | 1.5% | −4.5% |
| Icon Pub Ltd CoCUSIP G4705A100 | $206.0M | 1.4% | −17.4% |
| EPCEdgewell Personal Care Co | $189.6M | 1.3% | +5.0% |
| WFCWells Fargo & Co | $189.3M | 1.3% | −16.9% |
| AJGGallagher Arthur J & Co | $186.6M | 1.3% | +15.9% |
| PFEPfizer Inc | $183.8M | 1.3% | −16.2% |
| EFXEquifax Inc | $182.9M | 1.3% | +54.2% |
| SNYSanofi Sa | $176.5M | 1.2% | +11.1% |
| UNHUnitedhealth Group Inc | $176.3M | 1.2% | −31.8% |
| FDXFedex Corp | $176.0M | 1.2% | −20.5% |
Best picks still held
How each current holding has done since the quarter it first appeared in its filings (up to six years back).
| Stock | Held since | Return since | Now worth |
|---|---|---|---|
| EMBJEmbraer S.a. | June 30, 2020 | +966.8% | $385.1M |
| GHMGraham Corp | June 30, 2020 | +871.7% | $133.7M |
| Millicom Intl Cellular S ACUSIP L6388F110 | June 30, 2022 | +531.6% | $250.0M |
| ARLOArlo Technologies Inc | June 30, 2020 | +422.5% | $145.0M |
| HCAHca Healthcare Inc | June 30, 2020 | +301.7% | $121.3M |
| WFCWells Fargo & Co | June 30, 2020 | +222.8% | $189.3M |
| Copa Holdings SaCUSIP P31076105 | June 30, 2020 | +207.7% | $119.7M |
| TXTTextron Inc | June 30, 2020 | +178.7% | $231.3M |
| CCitigroup Inc | June 30, 2020 | +173.9% | $233.8M |
| HALHalliburton Co | June 30, 2020 | +161.6% | $169.1M |
Sold off last quarter
- NTRNutrien Ltd was $71.2M
- WATWaters Corp was $20.7M
- MOVMovado Group Inc was $18.1M
- NKSHNational Bankshares Inc Va was $7.0M
- NPKNational Presto Inds Inc was $5.5M
- HTLDHeartland Express Inc was $2.9M
- ZTOZto Express Cayman Inc was $2.2M
- EBMTEagle Bancorp Mont Inc was $1.3M
- Sealed Air Corp NewCUSIP 81211K100 was $971K
- VTVVanguard Index Fds was $304K
Quarter by quarter
| Quarter | Its picks | S&P 500 |
|---|---|---|
| June 30, 2026 | +3.5% | +14.8% |
| March 31, 2026 | +2.0% | −4.6% |
| December 31, 2025 | +5.7% | +2.4% |
| September 30, 2025 | +7.6% | +7.8% |
| June 30, 2025 | +6.6% | +10.5% |
| March 31, 2025 | +3.0% | −4.6% |
| December 31, 2024 | −0.7% | +2.1% |
| September 30, 2024 | +7.5% | +5.4% |
| June 30, 2024 | −3.6% | +4.0% |
| March 31, 2024 | +11.3% | +10.0% |
| December 31, 2023 | +10.4% | +11.2% |
| September 30, 2023 | −2.1% | −3.6% |
| June 30, 2023 | +6.2% | +8.3% |
| March 31, 2023 | +2.7% | +7.0% |
| December 31, 2022 | +17.4% | +7.1% |
| September 30, 2022 | −6.8% | −5.3% |
| June 30, 2022 | −13.0% | −16.5% |
| March 31, 2022 | −1.8% | −4.9% |
| December 31, 2021 | +3.3% | +10.7% |
| September 30, 2021 | −0.2% | +0.3% |
Sources
Every number on this page points here. Each one links to the public record.
- 1SEC EDGAR: Brandes Investment Partners, LP Form 13F filingshttps://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=1015079&type=13F-HR&dateb=&owner=include&count=40CIK 1015079
- 2SEC: 13F for the quarter ended June 30, 2026https://www.sec.gov/Archives/edgar/data/1015079/000101507926000091/Filed August 14, 2026 · accession 0001015079-26-000091