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.
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.
| Trades 19271 | Longs Won 11497/19271 59% | Profit Factor 1.42 |
| Profitability | Shorts Won 0/0 0% | Standard Deviation $28.5M |
| Average Win $4.79M | Best Trade (Dec 31) $2.52B | Sharpe Ratio -167.28 |
| Average Loss -$4.98M | Worst Trade (Mar 30) -$853.97M | Z-Score -14.64 (100%) |
| Commissions $0 | Avg. Trade Length 2y 2m 1w 6d | Expectancy $850,371.12 |
| Loss Size | 100% | 90% | 80% | 70% | 60% | 50% | 40% | 30% | 20% | 10% |
| Probability of Loss | <0.01% | <0.01% | <0.01% | <0.01% | <0.01% | <0.01% | <0.01% | <0.01% | 0.11% | 3.95% |
| Consecutive Losing Trades | 2,950 | 2,655 | 2,360 | 2,065 | 1,770 | 1,475 | 1,180 | 885 | 590 | 295 |
| Symbol | Quantity | Cost | Value | Comm. | Profit ($) | Gain (%) | Change |
|---|---|---|---|---|---|---|---|
ABEV Ambev S.A. | 20.53M | $50.01M | $67.33M | - | $17.32M | 34.63% | -1.205% |
ACGL Arch Capital Group Ltd | 1.52M | $145M | $150.18M | - | $5.19M | 3.58% | -2.34% |
ACWI iShares MSCI ACWI ETF | 120,150 | $18.86M | $19.18M | - | $323,001 | 1.71% | +0.561% |
AGCO AGCO Corporation | 28,681 | $2.98M | $3M | - | $26,108.63 | 0.88% | +0.086% |
AJG Arthur J. Gallagher & Co. | 813,014 | $177.54M | $209.42M | - | $31.88M | 17.96% | -0.648% |
ALSN Allison Transmission Holdings Inc. | 506,716 | $50.16M | $56.16M | - | $6M | 11.96% | +1.076% |
AMX América Móvil, S.A.B. de C.V. | 3.09M | $54.68M | $74.75M | - | $20.07M | 36.71% | +5.524% |
AOUT American Outdoor Brands Inc. | 2.46M | $23.5M | $43.75M | - | $20.25M | 86.16% | -0.532% |
ARLO Arlo Technologies Inc. | 10.75M | $121.16M | $131.14M | - | $9.98M | 8.23% | -2.596% |
ARW Arrow Electronics Inc. | 408,610 | $45.8M | $89.28M | - | $43.49M | 94.95% | +1.661% |
AVT Avnet Inc. | 42,412 | $2.37M | $3.93M | - | $1.56M | 65.77% | +1.768% |
AZO AutoZone Inc. | 23,388 | $71.59M | $73.39M | - | $1.8M | 2.52% | -0.697% |
BABA Alibaba Group Holding Limited SP ADR | 962,215 | $94.74M | $100.56M | - | $5.82M | 6.15% | -3.775% |
BAC Bank of America Corporation | 3.8M | $131.14M | $194.06M | - | $62.92M | 47.98% | +0.75% |
BAP Credicorp Ltd. | 15,006 | $2.66M | $5.87M | - | $3.21M | 120.55% | +0.115% |
BDX Becton, Dickinson and Company | 1.67M | $247.15M | $325.38M | - | $78.23M | 31.65% | +0.444% |
BNY BlackRock New York Municipal Income Trust | 4,587 | $329,621.88 | $672,752.35 | - | $343,130.47 | 104.1% | +1.674% |
BRC Brady Corporation | 309,201 | $26.29M | $25.54M | - | -$742,848.74 | -2.83% | -0.578% |
BRO Brown & Brown Inc. | 62,114 | $3.98M | $4.35M | - | $361,503.58 | 9.07% | -1.312% |
BTI British American Tobacco p.l.c. ADR | 7,089 | $213,215.32 | $416,407.86 | - | $203,192.54 | 95.3% | -0.626% |