Charles Brandes Portfolio
Invests via Brandes Investment Partners | Managed by Brent Fredberg, Ted Kim, CFA, Kenneth Little, CFA, Brian A. Matthews, CFA, Brent V. Woods, CFA, Amelia Maccoun Morris, CFA, Jeffrey Germain, CFA, Shingo Omura, CFA, Luiz G. Sauerbronn, Charles S. Gramling, CFA, David J. Gilson, CFA, Timothy M. Doyle, CFA
Invests via Brandes Investment Partners
Managed by Brent Fredberg, Ted Kim, CFA, Kenneth Little, CFA, Brian A. Matthews, CFA, Brent V. Woods, CFA, Amelia Maccoun Morris, CFA, Jeffrey Germain, CFA, Shingo Omura, CFA, Luiz G. Sauerbronn, Charles S. Gramling, CFA, David J. Gilson, CFA, Timothy M. Doyle, CFA
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Charles Brandes Profile
Veteran value investor and founder of a major value-oriented asset manager, Charles Brandes is known for concentrated, deep-value equity strategies across global, international and emerging markets. He established the firm in the 1970s and built long-duration, contrarian portfolios emphasizing margin of safety, low turnover and fundamental research. His funds have appealed to institutional and retail clients seeking discounted-valuation exposures and income from dividend-paying stocks. He has published on value investing and his firm historically managed multi-billion-dollar mandates, positioning itself as a go-to manager for long-horizon equity value allocations.
Veteran value investor and founder of a major value-oriented asset manager, Charles Brandes is known for concentrated, deep-value equity strategies across global, international and emerging markets. He established the firm in the 1970s and built long-duration, contrarian portfolios emphasizing margin of safety, low turnover and fundamental research. His funds have appealed to institutional and retail clients seeking discounted-valuation exposures and income from dividend-paying stocks. He has published on value investing and his firm historically managed multi-billion-dollar mandates, positioning itself as a go-to manager for long-horizon equity value allocations.
Investment Philosophy & Strategy
Adopts a classic, deep-value equity approach that emphasizes buying sizeable stakes in financially resilient businesses trading below intrinsic value. Portfolios are concentrated and long-duration, driven by fundamental, bottom-up research, margin-of-safety underwriting and low turnover. Capital allocation favors dividend-paying, cash-generative companies across global, international and emerging markets where patient holding periods allow contrarian recovery and compounding. Risk discipline centers on valuation limits, balance-sheet quality and position-sizing to protect capital in downturns. Competitive edge rests on rigorous intrinsic-value analysis, concentrated conviction bets and a temperament suited to exploit market mispricing over multi-year horizons.
Adopts a classic, deep-value equity approach that emphasizes buying sizeable stakes in financially resilient businesses trading below intrinsic value. Portfolios are concentrated and long-duration, driven by fundamental, bottom-up research, margin-of-safety underwriting and low turnover. Capital allocation favors dividend-paying, cash-generative companies across global, international and emerging markets where patient holding periods allow contrarian recovery and compounding. Risk discipline centers on valuation limits, balance-sheet quality and position-sizing to protect capital in downturns. Competitive edge rests on rigorous intrinsic-value analysis, concentrated conviction bets and a temperament suited to exploit market mispricing over multi-year horizons.
Disclaimer: This Portfolio is derived from and computed based on publicly available data from SEC filings.
Gain and growth charts are calculated per selected timeframe:
143.81%
Gain -2.63%
Monthly
0.64%
Yearly
8%
Drawdown
22.08%
$14.89B
Equity
Holdings
$14.89B
Investment
$12.26B
$16.63B
Profit -$184.01M
Realized
$14.01B
Unrealized
$2.63B
Dividends
$7.83B
Goals
Avg. 88.5% completed goals
Yearly
Gain > 9% 2026
Yearly
Loss < $150M 2026
Yearly
Loss < 15% 2026
Yearly
Gain < 20% 2026
Today
Compared To Yesterday
Gain
-2.63%
Profit
-$184.01M
Win %
69%
This Week
Compared To Last Week
Gain
-1.22%
Profit
-$184.01M
Win %
69%
This Month
Compared to last month
Gain
2.08%
Profit
$303.51M
Win %
69%
This Year
Compared to last year
Gain
4.84%
Profit
$688.68M
Win %
73%
ELAN Elanco Animal Health Incorporated
+5.15%
+$3.45M 
HAL Halliburton Company
+4.81%
+$7.87M 
MOG-A Moog Inc.
+3.29%
+$1.59M 
SLB Schlumberger Limited
+3.29%
+$3.52M 
TSN Tyson Foods Inc.
+3.16%
+$101,700.3 
BAP Credicorp Ltd.
+2.99%
+$168,367.02 
KMT Kennametal Inc.
+2.77%
+$1.5M 
ENIC Enel Chile S.A.
+2.72%
+$741,801.24 
GHM Graham Corporation
+2.62%
+$3.14M 
ORN Orion Group Holdings Inc.
+2.58%
+$1.23M 
JBS JBS N.V.
+2.48%
+$2.54M 
PKE Park Aerospace Corp
+2.47%
+$2.34M 
ALSN Allison Transmission Holdings Inc.
+2.4%
+$1.49M 
HCSG Healthcare Services Group Inc.
+2.37%
+$153,110.5 
MU Micron Technology, Inc.
+2.3%
+$75,902.74 
ARW Arrow Electronics Inc.
+2.29%
+$1.96M 
CVS CVS Health Corporation
+2.28%
+$3.63M 
IPGP IPG Photonics Corporation
+2.2%
+$190,955.15 
MSM MSC Industrial Direct Co., Inc.
+2.09%
+$267,916.88 
HURC Hurco Companies, Inc.
+2.04%
+$187,882.65 
NTES NetEase, Inc. American Depositary Receipt
+2.01%
+$934,867.83 
AGCO AGCO Corporation
+1.89%
+$53,920.28 
WFG West Fraser Timber Co. Ltd.
+1.74%
+$17,507.49 
HXL Hexcel Corporation
+1.72%
+$3.76M 
CAH Cardinal Health Inc.
+1.7%
+$1.02M 
TKR Timken Co.
+1.68%
+$285,269.6 
CI The Cigna Group
+1.64%
+$3.85M 
COF Capital One Financial Corporation
+1.57%
+$1M 
EMBJ Embraer S.A. Sponsored American Depositary Receipt
+1.56%
+$7M 
TAP Molson Coors Beverage Company
+1.54%
+$1.44M 
FMX Fomento Economico Mexicano S.A.B. de C.V. ADR
+1.51%
+$45,844.48 
SUZ Suzano S.A. Sponsored ADR
+1.5%
+$32,118.12 
FLEX Flex Ltd.
+1.5%
+$540,134.7 
CAG Conagra Brands Inc.
+1.49%
+$539,726.97 
INVX Innovex International Inc.
+1.49%
+$2.63M 
TTE TotalEnergies SE
+1.47%
+$349,834.7 
MCK McKesson Corporation
+1.44%
+$1.73M 
NTGR Netgear Inc.
+1.39%
+$582,725.88 
TAK Takeda Pharmaceutical Company Limited American Depositary Receipt
+1.38%
+$1.09M 
BABA Alibaba Group Holding Limited SP ADR
+1.35%
+$1.59M 
HMC Honda Motor Co., Ltd.
+1.22%
+$536,795.98 
CTVA Corteva Inc.
+1.17%
+$805,165.2 
HDB HDFC Bank Limited ADR
+1.17%
+$96,242.58 
CVX Chevron Corporation
+1.16%
+$1.12M 
TXT Textron Inc.
+1.09%
+$2.42M 
ZBH Zimmer Biomet Holdings, Inc.
+1.08%
+$84,159 
TLK Telkom Indonesia Persero Tbk. - ADR
+1.02%
+$25,221.15 
MAT Mattel Inc.
+1.01%
+$28,859.85 
STT State Street Corp
+1%
+$569,387.07 
E Eni S.p.A. Sponsored ADR
+0.91%
+$2,330 
MD Pediatrix Medical Group, Inc.
+0.91%
+$96,513.6 
LKQ LKQ Corporation
+0.87%
+$506,694.32 
ETR Entergy Corporation
+0.87%
+$327,364.65 
CFG Citizens Financial Group, Inc.
+0.84%
+$52,147.58 
LSTR Landstar System Inc.
+0.82%
+$16,932.2 
AMX América Móvil, S.A.B. de C.V.
+0.82%
+$587,750.94 
FSTR L.B. Foster Company
+0.81%
+$443,560.4 
WFC Wells Fargo & Company
+0.81%
+$1.63M 
BDX Becton, Dickinson and Company
+0.79%
+$2.39M 
SHG Shinhan Financial Group Co., Ltd. American Depositary Receipt
+0.72%
+$29,321.46 
MHK Mohawk Industries, Inc.
+0.7%
+$2.74M 
ACGL Arch Capital Group Ltd
+0.69%
+$1.03M 
PNC The PNC Financial Services Group, Inc.
+0.69%
+$1.2M 
STM STMicroelectronics N.V.
+0.69%
+$9,797.6 
UNH UnitedHealth Group Incorporated
+0.67%
+$1.13M 
EVRG Evergy Inc.
+0.65%
+$480,601.27 
BAC Bank of America Corporation
+0.62%
+$1.52M 
VIV Telefonica Brasil S.A. ADR
+0.62%
+$277,477.69 
SHEL Shell plc
+0.61%
+$1.17M 
BNY BlackRock New York Municipal Income Trust
+0.61%
+$4,541.18 
OMF OneMain Holdings Inc.
+0.6%
+$48,582.3 
FMS Fresenius Medical Care AG & Co. KGaA ADR
+0.59%
+$268,252.6 
LEVI Levi Strauss & Co.
+0.58%
+$18,278.65 
DEO Diageo plc Sponsored ADR
+0.45%
+$292,817.03 
C Citigroup Inc.
+0.43%
+$1M 
PGR Progressive Corporation
+0.35%
+$576,387.43 
MTX Minerals Technologies Inc.
+0.3%
+$62,928.58 
VTMX Corporacion Inmobiliaria Vesta S.A.B. de C.V.
+0.29%
+$5,416.8 
VBR VANGUARD SMALL-CAP VALUE ETF
+0.26%
+$1,998.48 
TIMB TIM S.A. Sponsored ADR
+0.23%
+$6,377.48 
MRK Merck & Co., Inc.
+0.21%
+$554,174.63 
ORI Old Republic International Corp.
+0.21%
+$4,079.79 
TFC Truist Financial Corporation
+0.21%
+$91,838.98 
BRC Brady Corporation
+0.2%
+$58,748.19 
IFF International Flavors & Fragrances Inc.
+0.14%
+$135,417.22 
RGP Resources Connection Inc.
+0.12%
+$10,180.78 
PBH Prestige Consumer Healthcare Inc.
+0.12%
+$123,063.6 
RCI Rogers Communications Inc.
+0.11%
+$1,839.92 
EXE Expand Energy Corporation
+0.11%
+$2,988.3 
INGR Ingredion Inc.
+0.1%
+$122,749.15 
KOF Coca-Cola FEMSA S.A.B. de C.V. ADR
+0.09%
+$3,901.9 
XRAY Dentsply Sirona Inc.
+0.09%
+$11,277.12 
WRB W.R. Berkley Corporation
+0.06%
+$20,645.28 
VEA VANGUARD FTSE DEVELOPED MARKETS ETF
+0.05%
+$26,064.04 
IUSV iShares Core S&P U.S. Value ETF
+0.03%
+$5,771.29 
CMCSA Comcast Corp
0%
$0 
CNHI CNH Industrial N.V.
0%
$0 
KVUE Kenvue Inc.
0%
$0 
OGN Organon & Co.
0%
$0 
TSMWF Taiwan Semiconductor Manufacturing Company Limited
0%
$0 
WFTSF Wavefront Technology Solutions Inc.
0%
$0 
GLOB Globant S.A.
-8.81%
-$14.44M 
WHR Whirlpool Corporation
-3.45%
-$102,617.28 
FFIV F5 Inc.
-3.08%
-$174,707.06 
NICE Nice Ltd. Sponsored ADR
-2.84%
-$8.56M 
WKC World Kinect Corporation
-2.72%
-$4.44M 
ZTS Zoetis Inc.
-2.7%
-$3.96M 
ICLR ICON plc
-2.58%
-$5.13M 
EFX Equifax Inc.
-2.55%
-$5.45M 
FTRE Fortrea Holdings Inc.
-2.3%
-$137,517.28 
IQV IQVIA Holdings Inc.
-2.01%
-$143,350.56 
FISV Fiserv, Inc.
-2%
-$1.79M 
GRFS Grifols, S.A. American Depositary Receipt
-1.89%
-$5.67M 
CENTA Central Garden & Pet Company Class A Common Stock Nonvoting
-1.87%
-$86,395.68 
GSK GSK plc Sponsored ADR
-1.84%
-$1.38M 
HCA HCA Healthcare Inc.
-1.72%
-$2.2M 
IMKTA Ingles Markets Inc.
-1.68%
-$1.88M 
UTMD Utah Medical Products Inc.
-1.53%
-$522,672.85 
BRO Brown & Brown Inc.
-1.49%
-$66,461.98 
ABEV Ambev S.A.
-1.41%
-$821,076.28 
FDX FedEx Corporation
-1.39%
-$2.65M 
LH Labcorp Holdings Inc.
-1.38%
-$1.11M 
OTEX Open Text Corporation
-1.37%
-$4.44M 
LW Lamb Weston Holdings, Inc.
-1.32%
-$683,898.27 
SMG Scotts Miracle-Gro Co.
-1.26%
-$1.04M 
FBIN Fortune Brands Innovations Inc.
-1.22%
-$57,182.21 
KNX Knight-Swift Transportation Holdings Inc.
-1.2%
-$1.12M 
MZTI The Marzetti Company
-1.17%
-$36,578.92 
FDXF FedEx Freight Holding Company Inc.
-1.12%
-$5,917.77 
EPAM Epam Systems Inc.
-1.03%
-$1.23M 
SNN Smith & Nephew plc ADR
-1%
-$644,619.3 
UPS United Parcel Service, Inc.
-0.98%
-$7,817.68 
ZBRA Zebra Technologies Corporation
-0.95%
-$42,458.41 
AJG Arthur J. Gallagher & Co.
-0.9%
-$1.85M 
OMC Omnicom Group Inc.
-0.89%
-$918,995.94 
LNSR Lensar Inc.
-0.85%
-$75,278 
CTSH Cognizant Technology Solutions Corporation
-0.84%
-$1.28M 
TRU TransUnion
-0.8%
-$24,857.95 
WLK Westlake Corporation
-0.8%
-$1.01M 
KSPI JSC Kaspi.kz American Depositary Receipt
-0.76%
-$633,588.44 
DOX Amdocs Limited
-0.75%
-$2.02M 
WTW Willis Towers Watson Public Limited Company
-0.72%
-$738,863.32 
PZZA Papa John's International, Inc.
-0.7%
-$464,216.11 
SHC Sotera Health Company
-0.68%
-$24,565.97 
SYY Sysco Corporation
-0.67%
-$581,452.48 
TGT Target Corporation
-0.66%
-$589,565.25 
JNJ Johnson & Johnson
-0.66%
-$478,551.43 
SSNC SS&C Technologies Holdings Inc.
-0.66%
-$790,677.02 
EMR Emerson Electric Co.
-0.63%
-$845,669.57 
SAP SAP SE Sponsored ADR
-0.63%
-$804,347.86 
AOUT American Outdoor Brands Inc.
-0.62%
-$196,912.72 
CAE CAE Inc.
-0.57%
-$2.76M 
COO The Cooper Companies, Inc.
-0.56%
-$20,613.34 
NVS Novartis AG Sponsored ADR
-0.55%
-$165,978.12 
AZO AutoZone Inc.
-0.51%
-$359,476.37 
BTI British American Tobacco p.l.c. ADR
-0.51%
-$2,055.8 
CPB The Campbell's Company
-0.47%
-$696,844.5 
UNF UniFirst Corp.
-0.4%
-$129,478.52 
HSIC Henry Schein, Inc.
-0.39%
-$10,534.65 
SCHL Scholastic Corporation
-0.39%
-$31,210.08 
VWO Vanguard FTSE Emerging Markets ETF
-0.38%
-$13,787.58 
PBR-A Petróleo Brasileiro S.A. - Petrobras
-0.37%
-$192,292.2 
CPA Copa Holdings S.A.
-0.37%
-$384,815 
TIGO Millicom International Cellular S.A.
-0.36%
-$936,373.26 
QRVO Qorvo Inc.
-0.34%
-$156,246.42 
PHG Koninklijke Philips N.V.
-0.33%
-$198,922.68 
UTHR United Therapeutics Corporation
-0.31%
-$7,302.59 
CNA CNA Financial Corporation
-0.29%
-$2,701.35 
AVT Avnet Inc.
-0.29%
-$11,875.36 
WTM White Mountains Insurance Group Ltd.
-0.2%
-$3,014.16 
UBS UBS Group AG
-0.19%
-$139,864.1 
NGG National Grid plc Sponsored ADR
-0.18%
-$201,893.26 
CX Cemex S.A.B. de C.V. Sponsored ADR
-0.18%
-$199,159.78 
EPC Edgewell Personal Care Co.
-0.18%
-$352,991.55 
MUFG Mitsubishi UFJ Financial Group, Inc. Sponsored ADR
-0.17%
-$475.77 
TFX Teleflex Incorporated
-0.15%
-$7,423 
IWB iShares Russell 1000 ETF
-0.15%
-$1,505.36 
ARLO Arlo Technologies Inc.
-0.14%
-$215,073.04 
SNY Sanofi American Depositary Receipt
-0.14%
-$248,185.02 
GOOGL Alphabet Inc
-0.13%
-$109,382.94 
ACWI iShares MSCI ACWI ETF
-0.12%
-$22,829.7 
GOOG Alphabet Inc
-0.12%
-$118,562.64 
EEM iShares MSCI Emerging Markets ETF
-0.1%
-$245.63 
TCOM Trip.com Group Limited American Depositary Receipt
-0.09%
-$34,848.52 
VT Vanguard Total World Stock ETF
-0.09%
-$1,005.2 
JPM JPMorgan Chase & Co.
-0.07%
-$39,831.35 
SON Sonoco Products Co.
-0.07%
-$26,582.4 
EFA iShares MSCI EAFE ETF
-0.05%
-$1,428.6 
PFE Pfizer Inc.
-0.04%
-$76,348.06 
VEU Vanguard FTSE All-World ex-US ETF
-0.04%
-$101.28 
IXUS iShares Core International Stock ETF
-0.02%
-$302.87 
SEIC SEI Investments Company
-0.01%
-$458.34 Events
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Dividends
Dividend Analysis
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| Trades 19271 | Longs Won 11510/19271 59% | Profit Factor 1.43 |
| Profitability | Shorts Won 0/0 0% | Standard Deviation $28.51M |
| Average Win $4.79M | Best Trade (Dec 31) $2.52B | Sharpe Ratio -167.31 |
| Average Loss -$4.97M | Worst Trade (Mar 30) -$853.97M | Z-Score -13.35 (100%) |
| Commissions $0 | Avg. Trade Length 2y 2m 1w 3d | Expectancy $863,123.07 |
| Loss Size | 100% | 90% | 80% | 70% | 60% | 50% | 40% | 30% | 20% | 10% |
| Probability of Loss | <0.01% | <0.01% | <0.01% | <0.01% | <0.01% | <0.01% | <0.01% | <0.01% | 0.09% | 3.58% |
| Consecutive Losing Trades | 2,994 | 2,695 | 2,395 | 2,096 | 1,796 | 1,497 | 1,198 | 898 | 599 | 299 |
Hover over the desired column for a detailed explanation.
Returns
Overall, Monthly| Symbol | Quantity | Cost | Value | Comm. | Profit ($) | Gain (%) | Change |
|---|---|---|---|---|---|---|---|
| ABEV Ambev S.A. | 20.53M | $50.01M | $57.48M | - | $7.47M | 14.93% | -1.408% |
| ACGL Arch Capital Group Ltd | 1.52M | $145M | $149.86M | - | $4.87M | 3.36% | +0.694% |
| ACWI iShares MSCI ACWI ETF | 120,150 | $18.86M | $19.5M | - | $638,994.3 | 3.39% | -0.117% |
| AGCO AGCO Corporation | 28,681 | $2.98M | $2.91M | - | -$71,693.58 | -2.41% | +1.89% |
| AJG Arthur J. Gallagher & Co. | 813,014 | $177.54M | $204.24M | - | $26.7M | 15.04% | -0.899% |
| ALSN Allison Transmission Holdings Inc. | 506,716 | $50.16M | $63.78M | - | $13.62M | 27.15% | +2.4% |
| AMX América Móvil, S.A.B. de C.V. | 3.09M | $54.68M | $72.54M | - | $17.86M | 32.66% | +0.817% |
| AOUT American Outdoor Brands Inc. | 2.46M | $23.5M | $31.53M | - | $8.03M | 34.16% | -0.621% |
| ARLO Arlo Technologies Inc. | 10.75M | $121.16M | $154.1M | - | $32.94M | 27.18% | -0.139% |
| ARW Arrow Electronics Inc. | 408,610 | $45.8M | $87.44M | - | $41.64M | 90.93% | +2.295% |
| AVT Avnet Inc. | 42,412 | $2.37M | $4.06M | - | $1.69M | 71.2% | -0.292% |
| AZO AutoZone Inc. | 23,388 | $71.59M | $70.75M | - | -$843,034.9 | -1.18% | -0.506% |
| BABA Alibaba Group Holding Limited SP ADR | 962,215 | $94.74M | $119.13M | - | $24.4M | 25.75% | +1.351% |
| BAC Bank of America Corporation | 3.8M | $131.14M | $245.29M | - | $114.15M | 87.05% | +0.624% |
| BAP Credicorp Ltd. | 15,006 | $2.66M | $5.8M | - | $3.14M | 117.94% | +2.991% |
| BDX Becton, Dickinson and Company | 1.67M | $247.15M | $306.56M | - | $59.41M | 24.04% | +0.786% |
| BNY BlackRock New York Municipal Income Trust | 4,587 | $329,621.88 | $748,781.93 | - | $419,160.05 | 127.16% | +0.61% |
| BRC Brady Corporation | 309,201 | $26.29M | $29.11M | - | $2.82M | 10.74% | +0.202% |
| BRO Brown & Brown Inc. | 62,114 | $3.98M | $4.38M | - | $396,908.56 | 9.96% | -1.494% |
| BTI British American Tobacco p.l.c. ADR | 7,089 | $213,215.32 | $404,498.35 | - | $191,283.03 | 89.71% | -0.506% |
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Option values are updated at end of day.
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FAQ
Which stocks have generated the highest profits for Charles Brandes?
The largest contributions to the portfolio's profits come from the following stocks: Kyocera Corporation Sponsored ADR - $3.69B, Daimler AG - $1.8B, BLS - $815.71M, ABNYY - $802.89M, and Merck & Co., Inc - $751.52M. These positions have been the main drivers of growth and have significantly impacted the investor's overall performance.
Which stocks have generated the largest losses for this investor?
The largest losses in the portfolio are associated with the following stocks: Gannett Co., Inc - $1.29B, NRTLQ - $1.15B, Ford Motor Company - $1.08B, WAMUQ - $1.01B, and TMX - $900.45M. These positions have had the most negative impact on overall performance and highlight the weaker areas of the portfolio.
What dividends does Charles Brandes's portfolio generate?
The portfolio generates substantial dividend income, with a total of $7.83B earned over time. The largest contributors to dividend income include Citigroup Inc - $464.41M, Pfizer Inc - $343.01M, AXIA Energia Sponsored ADR Preferred - $320.79M, Bristol-Myers Squibb Company - $282.01M, and Merck & Co., Inc - $244.41M. This indicates that dividends play a meaningful role in the investor's overall strategy.
How stable are Charles Brandes's monthly returns?
Charles Brandes's monthly returns appear quite volatile. The gap between stronger and weaker months is meaningful, which suggests that the strategy can experience noticeable swings over relatively short periods. For users assessing this profile, that usually means returns may be attractive over time, but the path can be uneven and harder to tolerate during weaker periods.
Can Charles Brandes's strategy be considered aggressive or moderate?
Charles Brandes's strategy appears moderately aggressive. The portfolio shows a clear focus on growth, with noticeable volatility and risk exposure, although not to an extreme level. This type of strategy may appeal to users seeking higher returns while accepting meaningful fluctuations along the way.
Should beginners follow Charles Brandes's strategy?
Charles Brandes's strategy is unlikely to be suitable for beginners. The portfolio shows signs of high risk, significant volatility, or structural complexity, which can make it difficult to follow and potentially stressful for less experienced users. This type of approach is generally better suited to more advanced investors.
