Charles Brandes

Charles Brandes

Last Update: 03-10-2016

Number of Stocks: 176
Number of New Stocks: 13

Total Value: $6,841 Mil
Q/Q Turnover: 3%

Countries: USA
Details: Top Buys | Top Sales | Top Holdings  Embed:

Charles Brandes' s Profile & Performance

Profile

Charles Brandes is the chairman of Brandes Investment Partners. He started the firm in 1974. He manages multiple portfolios including US equity and Global Equity. Charles Brandes is listed as #488 in the Forbes List of World's Richest People with a net worth of $2 billion. He is author of the book Value Investing Today

Web Page:http://www.brandes.com/

Investing Philosophy

Charles Brandes is a Benjamin Graham disciple. Brandes consistently applies value investing to all portfolios managed by the Partnership. He seeks to purchase out-of-favor securities that are trading at discounts to their intrinsic values, and then hold them until the market recognizes their true worth.

Total Holding History

Performance of U. S. Value Equity

YearReturn (%)S&P500 (%)Excess Gain (%)
2015-4.341.19-5.5
201413.4513.69-0.2
201337.632.395.2
3-Year Cumulative49.3 (14.3%/year)52.3 (15.1%/year)-3 (-0.8%/year)
201218.54162.5
2011-1.042.11-3.1
5-Year Cumulative75.2 (11.9%/year)80.4 (12.5%/year)-5.2 (-0.6%/year)
201015.9515.060.9
20093526.468.5
2008-55.44-37-18.4
2007-15.265.49-20.8
200626.6715.7910.9
10-Year Cumulative31.2 (2.7%/year)102 (7.3%/year)-70.8 (-4.6%/year)
2005-4.594.91-9.5
200413.6110.882.7
200342.7828.6814.1
2002-22.08-22.10.0
200116.06-11.8927.9
15-Year Cumulative83.6 (4.1%/year)107.5 (5%/year)-23.9 (-0.9%/year)
200034.04-9.143.1
1999-12.4521.04-33.5
19981.6928.58-26.9
199732.9933.36-0.4
199629.4722.966.5
20-Year Cumulative277.2 (6.9%/year)381.4 (8.2%/year)-104.2 (-1.3%/year)
199520.9837.58-16.6
1994-3.541.32-4.9
19932410.0813.9
0000.0

Top Ranked Articles

Charles Brandes' Top Buys During the 4th Quarter Credit Suisse, Exelon are his heavily weighted buys
Charles Brandes (Trades, Portfolio), chairman of Brandes Investment Partners, increased his stakes in many stocks in the fourth quarter. Read more...
Charles Brandes Bets on Aaron's, Small-Cap ETF Brandes re-opens stake in Aaron's after selling out in 3rd quarter
Charles Brandes (Trades, Portfolio) is the portfolio manager for the US Equity and Global Equity strategies at Brandes Investment Partners, the firm he founded in 1974. During the fourth quarter, he initiated new positions in 13 new stocks, according to data reported by GuruFocus Real Time Picks. Read more...
Brandes Makes a Variety of Reductions in 4th Quarter Guru cuts stakes in companies across the world and in a range of sectors
Charles Brandes (Trades, Portfolio), chairman of Brandes Investment Partners, reduced 89 stakes in his portfolio in the fourth quarter. His most noteworthy reductions crisscrossed the globe and spanned an investing spectrum that included several in oil and gas companies but also touched on banking and financial services and technology stocks. Read more...
Brandes Investment Trust Comments on MediaTek Guru stock highlight
Fund activity was relatively light in the quarter. The emerging markets investment committee initiated a position in Taiwanese semiconductor company MediaTek. MediaTek (TRE:2454) is the world’s second-largest supplier of mobile phone-related semiconductors. The company has benefited significantly over the past few years due in large part to its strong relationships with smartphone vendors in China, where growth has been significant. Read more...
Brandes Investment Trust Comments on Reliance Infrastructure Guru stock highlight
Reliance Infrastructure (BOM:500390) performed well after announcing a number of divestment initiatives intended to reduce debt, including the sale of a stake in its Mumbai -based power-transmission business. Additionally, the company has short- listed a number of potential buyers for its cement assets and has been in talks to monetize 11 revenue-generating road projects. These moves should allow Reliance Infrastructure to increase its focus on the defense sector. Read more...
» More Charles Brandes Articles

Commentaries and Stories

  • Currently 0.00/5

Rating: 0.0/5 (0 votes)

Charles Brandes' Top Buys During the 4th Quarter Credit Suisse, Exelon are his heavily weighted buys Charles Brandes,Ken Fisher,Dodge & Cox,Jeff Auxier - Charles Brandes' Top Buys During The 4th Quarter
Charles Brandes (Trades, Portfolio), chairman of Brandes Investment Partners, increased his stakes in many stocks in the fourth quarter. More...

  • Currently 0.00/5

Rating: 0.0/5 (0 votes)

Charles Brandes Bets on Aaron's, Small-Cap ETF Brandes re-opens stake in Aaron's after selling out in 3rd quarter Charles Brandes, Jim Simons, Jeremy Grantham - Charles Brandes Bets On Aaron's, Small-Cap ETF
Charles Brandes (Trades, Portfolio) is the portfolio manager for the US Equity and Global Equity strategies at Brandes Investment Partners, the firm he founded in 1974. During the fourth quarter, he initiated new positions in 13 new stocks, according to data reported by GuruFocus Real Time Picks. More...

  • Currently 0.00/5

Rating: 0.0/5 (0 votes)

Brandes Makes a Variety of Reductions in 4th Quarter Guru cuts stakes in companies across the world and in a range of sectors Charles Brandes - Brandes Makes A Variety Of Reductions In 4th Quarter
Charles Brandes (Trades, Portfolio), chairman of Brandes Investment Partners, reduced 89 stakes in his portfolio in the fourth quarter. His most noteworthy reductions crisscrossed the globe and spanned an investing spectrum that included several in oil and gas companies but also touched on banking and financial services and technology stocks. More...

  • Currently 0.00/5

Rating: 0.0/5 (0 votes)

Brandes Investment Trust Comments on MediaTek Guru stock highlight
Fund activity was relatively light in the quarter. The emerging markets investment committee initiated a position in Taiwanese semiconductor company MediaTek. MediaTek (TRE:2454) is the world’s second-largest supplier of mobile phone-related semiconductors. The company has benefited significantly over the past few years due in large part to its strong relationships with smartphone vendors in China, where growth has been significant. More...

  • Currently 0.00/5

Rating: 0.0/5 (0 votes)

Brandes Investment Trust Comments on Cemex Guru stock highlight
Holdings in Mexico hurt returns in the fourth quarter, notably cement company Cemex (NYSE:CX). With the majority of Cemex’s debt denominated in U.S. dollars, concerns about the impact of rising U.S. interest rates have added to investor worries over intensifying competition in the company’s home market. Although leverage remains a key concern for Cemex, it is not, in our opinion, as big of a risk as it was a few years ago. We have been encouraged by the initiatives the company’s management has taken in terming out debt maturities, locking in lower interest rates, successfully negotiating with key creditors, and minimizing shareholder dilution. Moreover, while rising U.S. rates may be a near-term concern, we view Cemex primarily as a U.S.-dollar denominated business and believe the company has the ability to preserve its long-term earnings power by potentially increasing its prices to offset the impact of any foreign-currency devaluations. More...

  • Currently 5.00/5

Rating: 5.0/5 (1 vote)

Brandes Investment Trust Comments on Adecoagro Guru stock highlight
Another positive contributor to returns was Adecoagro (NYSE:AGRO), a Latin American agricultural company with assets in Argentina, Brazil and Uruguay. Adecoagro’s shares, which performed well throughout 2015, benefited in the fourth quarter from a December announcement by the recently elected Argentinian president, Mauricio Macri, that he would sign a decree to lower export taxes on soybeans, corn and wheat. More...

  • Currently 5.00/5

Rating: 5.0/5 (1 vote)

Brandes Investment Trust Comments on APR Energy Guru stock highlight
APR (LSE:APR)’s share price increased following the company’s announcement in October that it had agreed to a buyout by a group of investment firms for approximately £175 million. The company supplies interim power plants, mainly in emerging-market countries, and has faced a difficulty in recent years after being forced to exit previously profitable markets. More...

  • Currently 0.00/5

Rating: 0.0/5 (0 votes)

Brandes Investment Trust Comments on Reliance Infrastructure Guru stock highlight
Reliance Infrastructure (BOM:500390) performed well after announcing a number of divestment initiatives intended to reduce debt, including the sale of a stake in its Mumbai -based power-transmission business. Additionally, the company has short- listed a number of potential buyers for its cement assets and has been in talks to monetize 11 revenue-generating road projects. These moves should allow Reliance Infrastructure to increase its focus on the defense sector. More...

  • Currently 5.00/5

Rating: 5.0/5 (1 vote)

Brandes Emerging Markets Value Fund 4th Quarter Commentary Commentary from Charles Brandes' fund Charles Brandes - Brandes Emerging Markets Value Fund 4th Quarter Commentary
Market Overview More...

  • Currently 0.00/5

Rating: 0.0/5 (0 votes)

Charles Brandes Ups Several Stakes for Consecutive Quarters Guru continues to buy Citizens Financial and Baxter International Charles Brandes - Charles Brandes Ups Several Stakes For Consecutive Quarters
Charles Brandes (Trades, Portfolio) is the founder and chairman of Brandes Investment Partners. He manages multiple portfolios including U.S. Equity and Global Equity. The following stocks are the holdings Brandes increased over the past two quarters. More...

  • Currently 5.00/5

Rating: 5.0/5 (1 vote)

Brandes Investment Trust Comments on Otsuka Kagu Guru stock highlight
Established in 1969, Otsuka Kagu (TSE:8186) is one of Japan’s largest furniture retailers and operates in a fairly fragmented industry. The majority of the company’s sales are generated in the Kanto region, which includes the greater Tokyo metropolitan area. The population in this region has grown over the last two decades as aging baby boomers have been attracted to the conveniences the city offers. More...

  • Currently 5.00/5

Rating: 5.0/5 (2 votes)

Brandes Investment Trust Comments on Gedeon Richter Guru stock highlight
Gedeon Richter (LSE:0QFP) is a manufacturer of both branded and generic pharmaceutical products. In recent years, the company has been transitioning its business model to become more of a “specialty pharma” with a stronger emphasis on branded drugs, an area that requires more research & development (R&D) effort but historically has been more profitable. More...

  • Currently 5.00/5

Rating: 5.0/5 (1 vote)

Brandes Investment Trust Comments on Unilever Guru stock highlight
One of the world’s largest consumer product companies, Unilever (NYSE:UL) maintains a leadership position in many food, household and personal care categories. We initially purchased the shares when many questioned the company’s ability to sustain revenue growth. Despite market concerns, we saw a solid business in Unilever that generated strong free cash flow while trading at a discount to our estimate of its intrinsic value. Recently, the market started to show some appreciation for Unilever’s strengths and potential for operating-margin improvement, driving its shares to trade at high multiples of earnings compared to levels seen over the past decade. We exited our position when the shares rose toward our estimate of their true worth,. More...

  • Currently 5.00/5

Rating: 5.0/5 (1 vote)

Brandes Investment Trust Comments on Schneider Electric Guru stock highlight
Schneider (XPAR:SU)’s key businesses include operations in low-voltage and building automation, discrete and process automation, critical power and cooling, and medium voltage and grid automation. Given that emerging markets make up nearly 45% of Schneider’s sales, some may be worried that potentially slowing economic growth in many developing countries would negatively affect the company’s businesses, especially those which are construction-driven. Additionally, the company has a penchant for mergers and acquisitions, which can carry risks of overpayment as well as integration and execution uncertainties. More...

  • Currently 5.00/5

Rating: 5.0/5 (1 vote)

Brandes Investment Trust Comments on Leucadia Guru stock highlight
Leucadia (NYSE:LUK) is a diversified holding company with interests in various businesses, ranging from investment banking, asset management, and commercial mortgage banking & servicing to beef processing and oil & gas exploration. Despite a market capitalization in excess of $5 billion, Leucadia has lacked coverage by Wall Street research analysts. More...

  • Currently 5.00/5

Rating: 5.0/5 (1 vote)

Brandes Investment Trust Comments on Emerson Electric Guru stock highlight
Emerson Electric (NYSE:EMR) is another high-quality company with a strong competitive position, conservative balance sheet and attractive long-term returns on capital. Similar to Schneider’s case, over the last few years, the market has become concerned about Emerson’s exposure to emerging markets. Investors also seem worried about the cyclicality of its process automation business, particularly its high exposure to the oil & gas end market. More...

  • Currently 5.00/5

Rating: 5.0/5 (1 vote)

Brandes Investment Trust Comments on Toyota Guru stock highlight
Automaker Toyota (NYSE:TM) was sold in the second quarter of 2015.We initially purchased Toyota in 2010 as the company suffered from news of unintended acceleration in some of its vehicles and the resulting recall, causing its stock to trade at a significant discount compared to its history and its peers. Toyota also faced major challenges from low automobile demand in its major markets and a strong yen, which made cars exported from Japan less competitive. More...

  • Currently 5.00/5

Rating: 5.0/5 (1 vote)

Brandes Global Equity Fund Annual Letter 2015 Market commentary and reflections on holdings Charles Brandes - Brandes Global Equity Fund Annual Letter 2015
Dear Fellow Investor, More...

  • Currently 5.00/5

Rating: 5.0/5 (1 vote)

Brandes Investment Trust Comments on Schneider Electric Guru stock highlight
Schneider (XPAR:SU) provides electrical products and systems addressing a wide range of industrial, commercial and consumer markets. Key businesses include operations in low-voltage and building automation, discrete and process automation, critical power and cooling, and medium voltage and grid automation. Schneider’s revenues are fairly diversified, with 28% generated in Western Europe, 28% in Asia Pacific, 25% in North America and 19% in the rest of the world. More...

  • Currently 5.00/5

Rating: 5.0/5 (1 vote)

Brandes Investment Trust Comments on Petrobras Guru stock highlight
Among the names above, Petrobras hurt returns the most. The company’s shares continued to suffer as a result of a number of factors, including the economic situation in Brazil, a corruption scandal and a recent debt downgrade. While we recognize that the risks to our investment continue to be elevated given Petrobras’ levered balance sheet, high incremental funding needs over the next five years, current low oil price and the uncertain political environment in Brazil, we believe the risk/reward tradeoff remains attractive at the company’s current valuation. Over the longer term, we see a number of reasons for optimism, including: More...

Add Notes, Comments

If you want to ask a question or report a bug, please create a support ticket.

Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)
FEEDBACK