Latest BRANDES INVESTMENT PARTNERS, LP Stock Portfolio

BRANDES INVESTMENT PARTNERS, LP Performance:

2024 Q3: 2.33%YTD: 8.63%2023: 6.51%

Performance for 2024 Q3 is 2.33%, and YTD is 8.63%, 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 $8.9 Billions as of 30 Sep, 2024.

The top stock holdings of BRANDES INVESTMENT PARTNERS, LP are ERJ, CAE, WFC. The fund has invested 4.1% of it's portfolio in EMBRAER S.A. and 3.1% of portfolio in CAE INC.

The fund managers got completely rid off DRIL-QUIP INC (DRQ), FOX CORP (FOX) and CHINA YUCHAI INTL LTD (CYD) stocks. They significantly reduced their stock positions in FORTREA HLDGS INC, MERCURY GENL CORP NEW (MCY) and WILLIS TOWERS WATSON PLC LTD (WTW). BRANDES INVESTMENT PARTNERS, LP opened new stock positions in INNOVEX INTERNATIONAL INC, HEXCEL CORP NEW (HXL) and SCHLUMBERGER LTD (SLB). The fund showed a lot of confidence in some stocks as they added substantially to VANGUARD INDEX FDS (VB), IPG PHOTONICS CORP (IPGP) and AMERICA MOVIL SAB DE CV (AMX).

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

Our best estimate is that BRANDES INVESTMENT PARTNERS, LP made a return of 2.33% in the last quarter. In trailing 12 months, it's portfolio return was 15.04%.

New Buys

Ticker	$ Bought
innovex international inc	65,507,800
hexcel corp new	40,412,500
schlumberger ltd	27,228,400
lkq corp	26,800,700
msc indl direct inc	3,545,160
nutrien ltd	963,699

New stocks bought by BRANDES INVESTMENT PARTNERS, LP

Additions

Ticker	% Inc.
vanguard index fds	447
ipg photonics corp	283
america movil sab de cv	102
ingles mkts inc	90.54
open text corp	90.05
cnh indl n v	78.38
kenvue inc	76.39
sealed air corp new	57.41

Additions to existing portfolio by BRANDES INVESTMENT PARTNERS, LP

Reductions

Ticker	% Reduced
fortrea hldgs inc	-98.17
mercury genl corp new	-73.55
gildan activewear inc	-69.66
willis towers watson plc ltd	-55.15
avista corp	-49.99
ishares tr	-48.07
united therapeutics corp del	-41.28
phibro animal health corp	-38.28

BRANDES INVESTMENT PARTNERS, LP reduced stake in above stock

Sold off

Ticker	$ Sold
dril-quip inc	-69,408,400
china yuchai intl ltd	-11,771,100
fox corp	-40,757,900
transunion	-601,438
national westn life group in	-3,580,870
unilever plc	-237,054
science applications intl co	-358,175

BRANDES INVESTMENT PARTNERS, LP got rid off the above stocks

Sector Distribution

BRANDES INVESTMENT PARTNERS, LP has about 36.9% of it's holdings in Others sector.

Sector	%
Others	36.9
Financial Services	17.5
Healthcare	14.3
Industrials	9.7
Technology	7.8
Energy	3.6
Consumer Cyclical	3.3
Communication Services	2.5
Basic Materials	2.2
Consumer Defensive	1.4

Market Cap. Distribution

BRANDES INVESTMENT PARTNERS, LP has about 49.1% of it's portfolio invested in the large-cap and mega-cap stocks.

Category	%
LARGE-CAP	40.5
UNALLOCATED	37.2
MEGA-CAP	8.6
MID-CAP	7.7
SMALL-CAP	4.8
MICRO-CAP	1.2

Stocks belong to which Index?

About 57.7% of the stocks held by BRANDES INVESTMENT PARTNERS, LP either belong to S&P 500 or RUSSELL 2000 index.

Index	%
S&P 500	52
Others	42.3
RUSSELL 2000	5.7

Top 5 Winners (%)		%
MD	pediatrix medical group inc	50.7 %
HBI	hanesbrands inc	47.8 %
MHK	mohawk inds inc	41.3 %
SHC	sotera health co	36.3 %
HURC	hurco co	35.5 %

Top 5 Winners ($)		$
MHK	mohawk inds inc	47.6 M
HCA	hca healthcare inc	30.9 M
PNC	pnc finl svcs group inc	26.8 M
BK	bank new york mellon corp	25.0 M
CTSH	cognizant technology solutio	20.3 M

Top 5 Losers (%)		%
ORN	orion group hldgs inc	-37.0 %
GTE	gran tierra energy inc	-35.2 %
VRNT	verint sys inc	-21.3 %
WRB	berkley w r corp	-20.4 %
MU	micron technology inc	-16.5 %

Top 5 Losers ($)		$
MCK	mckesson corp	-30.9 M
MU	micron technology inc	-25.1 M
HAL	halliburton co	-21.2 M
FDX	fedex corp	-15.6 M
WRB	berkley w r corp	-15.5 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 186 stocks in it's portfolio. About 25.6% of the portfolio is in top 10 stocks. MCK proved to be the most loss making stock for the portfolio. MHK was the most profitable stock for BRANDES INVESTMENT PARTNERS, LP last quarter.

Last Reported on: 14 Nov, 2024

Ticker	Namesorted ascending	% Portfolio	Shares Held	$ Value	Type	% Change
ACGL	arch cap group ltd	0.65	516,644	57,802,100	added	8.33

AIG	american intl group inc	1.32	1,609,580	117,869,000	added	0.94

AMX	america movil sab de cv	0.45	2,455,660	40,174,700	added	102

AOUT	american outdoor brands inc	0.09	827,499	7,629,540	added	18.62

ARLO	arlo technologies inc	0.73	5,356,640	64,869,000	added	4.2

ARW	arrow electrs inc	0.03	22,577	2,998,900	added	2.71

ASAI	sendas distribuidora s a	0.01	120,146	826,601	reduced	-16.56

AVA	avista corp	0.02	38,683	1,498,970	reduced	-49.99

AVT	avnet inc	0.01	13,742	746,328	added	13.59

AZO	autozone inc	0.62	17,446	54,956,100	added	1.58

BABA	alibaba group hldg ltd	0.85	714,770	75,851,400	added	0.52

BAC	bank america corp	2.33	5,215,880	206,966,000	reduced	-4.91

BAP	credicorp ltd	0.03	14,246	2,578,080	reduced	-11.11

BK	bank new york mellon corp	1.69	2,093,840	150,463,000	added	1.06

BLCO	bausch plus lomb corp	0.00	14,119	272,355	unchanged	0.00

C	citigroup inc	2.18	3,103,450	194,276,000	added	1.14

CAE	cae inc	3.10	14,690,500	275,447,000	added	32.69

CAH	cardinal health inc	1.26	1,017,660	112,471,000	reduced	-22.63

CFG	citizens finl group inc	0.02	35,237	1,447,180	added	15.07

CHK	chesapeake energy corp	0.06	61,042	5,020,700	added	40.54