0001104659-20-019973.txt : 20200213 0001104659-20-019973.hdr.sgml : 20200213 20200213131114 ACCESSION NUMBER: 0001104659-20-019973 CONFORMED SUBMISSION TYPE: 13F-HR PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20191231 FILED AS OF DATE: 20200213 DATE AS OF CHANGE: 20200213 EFFECTIVENESS DATE: 20200213 FILER: COMPANY DATA: COMPANY CONFORMED NAME: BRANDES INVESTMENT PARTNERS, LP CENTRAL INDEX KEY: 0001015079 IRS NUMBER: 330704072 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 13F-HR SEC ACT: 1934 Act SEC FILE NUMBER: 028-05620 FILM NUMBER: 20608664 BUSINESS ADDRESS: STREET 1: 11988 EL CAMINO REAL STREET 2: SUITE 600 CITY: SAN DIEGO STATE: CA ZIP: 92130 BUSINESS PHONE: 8587550239 MAIL ADDRESS: STREET 1: 11988 EL CAMINO REAL STREET 2: SUITE 600 CITY: SAN DIEGO STATE: CA ZIP: 92130 FORMER COMPANY: FORMER CONFORMED NAME: BRANDES INVESTMENT PARTNERS LLC DATE OF NAME CHANGE: 20021203 FORMER COMPANY: FORMER CONFORMED NAME: BRANDES INVESTMENT PARTNERS L P DATE OF NAME CHANGE: 19990325 13F-HR 1 primary_doc.xml 13F-HR LIVE false false false 0001015079 XXXXXXXX 12-31-2019 12-31-2019 false BRANDES INVESTMENT PARTNERS, LP

11988 El Camino Real Suite 600 San Diego CA 92130

13F COMBINATION REPORT 028-05620 0001021249 028-05810 UNITED SERVICES AUTOMOBILE ASSOCIATION N Ian Rose 858-755-0239 /s/ Ian Rose San Diego CA 02-12-2020 3 305 4204747 1 0001542551 028-14898 Brandes Investment Partners & Co. 2 0001741145 028-18793 Brandes Investment Partners (Europe) Ltd. 3 0001256909 028-10487 Northern Trust Investments, Inc INFORMATION TABLE 2 infotable.xml ADECOAGRO S A COM L00849106 1247 149043 SH DFND 1 149043 0 0 ADECOAGRO S A COM L00849106 11368 1358156 SH DFND 2 1358156 0 0 ADECOAGRO S A COM L00849106 63614 7600266 SH SOLE 7600266 0 0 AEGON N V NY REGISTRY SHS 007924103 10 2286 SH DFND 1 2286 0 0 AEGON N V NY REGISTRY SHS 007924103 15252 3366788 SH SOLE 3366788 0 0 ALIBABA GROUP HLDG LTD SPONSORED ADS 01609W102 3784 17839 SH DFND 1 17839 0 0 ALIBABA GROUP HLDG LTD SPONSORED ADS 01609W102 9648 45489 SH DFND 2 45489 0 0 ALIBABA GROUP HLDG LTD SPONSORED ADS 01609W102 59782 281857 SH SOLE 281857 0 0 ALPHABET INC CAP STK CL C 02079K107 1702 1273 SH DFND 1 1273 0 0 ALPHABET INC CAP STK CL C 02079K107 2968 2220 SH DFND 2 2220 0 0 ALPHABET INC CAP STK CL C 02079K107 5082 3801 SH SOLE 3801 0 0 AMDOCS LTD SHS G02602103 3619 50129 SH DFND 1 50129 0 0 AMDOCS LTD SHS G02602103 3233 44781 SH DFND 2 44781 0 0 AMDOCS LTD SHS G02602103 9624 133310 SH SOLE 133310 0 0 AMERCO COM 023586100 1511 4020 SH DFND 1 4020 0 0 AMERCO COM 023586100 1847 4914 SH DFND 2 4914 0 0 AMERCO COM 023586100 3726 9914 SH SOLE 9914 0 0 AMERICA MOVIL SAB DE CV SPON ADR L SHS 02364W105 11 697 SH DFND 1 697 0 0 AMERICA MOVIL SAB DE CV SPON ADR L SHS 02364W105 16331 1020673 SH SOLE 1020673 0 0 AMERICAN INTL GROUP INC COM NEW 026874784 7473 145578 SH DFND 1 145578 0 0 AMERICAN INTL GROUP INC COM NEW 026874784 6942 135248 SH DFND 2 135248 0 0 AMERICAN INTL GROUP INC COM NEW 026874784 52407 1020982 SH SOLE 1020982 0 0 AMERICAN NATL INS CO COM 028591105 382 3243 SH SOLE 3243 0 0 AMGEN INC COM 031162100 876 3633 SH DFND 1 3633 0 0 AMGEN INC COM 031162100 1694 7027 SH DFND 2 7027 0 0 AMGEN INC COM 031162100 2708 11232 SH SOLE 11232 0 0 APPLIED MATLS INC COM 038222105 1074 17595 SH DFND 1 17595 0 0 APPLIED MATLS INC COM 038222105 2008 32893 SH DFND 2 32893 0 0 APPLIED MATLS INC COM 038222105 3402 55742 SH SOLE 55742 0 0 ARLO TECHNOLOGIES INC COM 04206A101 83 19629 SH SOLE 19629 0 0 ARROW ELECTRS INC COM 042735100 739 8716 SH SOLE 8716 0 0 AVADEL PHARMACEUTICALS PLC SPONSORED ADR 05337M104 2365 313305 SH DFND 1 313305 0 0 AVADEL PHARMACEUTICALS PLC SPONSORED ADR 05337M104 4406 583633 SH DFND 2 583633 0 0 AVADEL PHARMACEUTICALS PLC SPONSORED ADR 05337M104 20800 2755010 SH SOLE 2755010 0 0 AVNET INC COM 053807103 2427 57177 SH DFND 1 57177 0 0 AVNET INC COM 053807103 2191 51616 SH DFND 2 51616 0 0 AVNET INC COM 053807103 6452 152015 SH SOLE 152015 0 0 BAIDU INC SPON ADR REP A 056752108 2616 20699 SH DFND 1 20699 0 0 BAIDU INC SPON ADR REP A 056752108 326 2580 SH DFND 2 2580 0 0 BAIDU INC SPON ADR REP A 056752108 18059 142868 SH SOLE 142868 0 0 BANK AMER CORP COM 060505104 7787 221099 SH DFND 1 221099 0 0 BANK AMER CORP COM 060505104 10722 304417 SH DFND 2 304417 0 0 BANK AMER CORP COM 060505104 80855 2295717 SH SOLE 2295717 0 0 BANK NEW YORK MELLON CORP COM 064058100 5757 114392 SH DFND 1 114392 0 0 BANK NEW YORK MELLON CORP COM 064058100 8460 168082 SH DFND 2 168082 0 0 BANK NEW YORK MELLON CORP COM 064058100 63104 1253813 SH SOLE 1253813 0 0 BARCLAYS PLC ADR 06738E204 8 793 SH DFND 1 793 0 0 BARCLAYS PLC ADR 06738E204 26177 2749648 SH SOLE 2749648 0 0 BP PLC SPONSORED ADR 055622104 30879 818215 SH SOLE 818215 0 0 BRIGGS & STRATTON CORP COM 109043109 8949 1343767 SH DFND 1 1343767 0 0 BRIGGS & STRATTON CORP COM 109043109 866 130100 SH DFND 2 130100 0 0 BRIGGS & STRATTON CORP COM 109043109 18784 2820426 SH SOLE 2820426 0 0 CAL MAINE FOODS INC COM NEW 128030202 213 4986 SH SOLE 4986 0 0 CAMECO CORP COM 13321L108 9749 1095366 SH SOLE 1095366 0 0 CARDINAL HEALTH INC COM 14149Y108 11114 219732 SH DFND 1 219732 0 0 CARDINAL HEALTH INC COM 14149Y108 8051 159174 SH DFND 2 159174 0 0 CARDINAL HEALTH INC COM 14149Y108 69871 1381391 SH SOLE 1381391 0 0 CELESTICA INC SUB VTG SHS 15101Q108 2807 339376 SH DFND 1 339376 0 0 CELESTICA INC SUB VTG SHS 15101Q108 974 117802 SH OTR 3 117802 0 0 CELESTICA INC SUB VTG SHS 15101Q108 22621 2735249 SH SOLE 2735249 0 0 CEMEX SAB DE CV SPON ADR NEW 151290889 11694 3093781 SH DFND 1 3093781 0 0 CEMEX SAB DE CV SPON ADR NEW 151290889 39416 10427392 SH DFND 2 10427392 0 0 CEMEX SAB DE CV SPON ADR NEW 151290889 599 158475 SH OTR 3 158475 0 0 CEMEX SAB DE CV SPON ADR NEW 151290889 210482 55682976 SH SOLE 55682976 0 0 CHEVRON CORP NEW COM 166764100 915 7589 SH DFND 1 7589 0 0 CHEVRON CORP NEW COM 166764100 1721 14285 SH DFND 2 14285 0 0 CHEVRON CORP NEW COM 166764100 29925 248318 SH SOLE 248318 0 0 CHINA MOBILE LIMITED SPONSORED ADR 16941M109 68 1605 SH DFND 1 1605 0 0 CHINA MOBILE LIMITED SPONSORED ADR 16941M109 34757 822257 SH SOLE 822257 0 0 CHINA YUCHAI INTL LTD COM G21082105 3614 271097 SH DFND 1 271097 0 0 CHINA YUCHAI INTL LTD COM G21082105 1332 99960 SH DFND 2 99960 0 0 CHINA YUCHAI INTL LTD COM G21082105 20784 1559208 SH SOLE 1559208 0 0 CIGNA CORP NEW COM 125523100 5989 29287 SH DFND 1 29287 0 0 CIGNA CORP NEW COM 125523100 7552 36930 SH DFND 2 36930 0 0 CIGNA CORP NEW COM 125523100 54922 268580 SH SOLE 268580 0 0 CISCO SYS INC COM 17275R102 676 14089 SH DFND 1 14089 0 0 CISCO SYS INC COM 17275R102 1375 28666 SH DFND 2 28666 0 0 CISCO SYS INC COM 17275R102 2160 45037 SH SOLE 45037 0 0 CITIGROUP INC COM NEW 172967424 18078 226286 SH DFND 1 226286 0 0 CITIGROUP INC COM NEW 172967424 14391 180132 SH DFND 2 180132 0 0 CITIGROUP INC COM NEW 172967424 112551 1408819 SH SOLE 1408819 0 0 CITIZENS FINL GROUP INC COM 174610105 530 13049 SH SOLE 13049 0 0 COGNIZANT TECHNOLOGY SOLUTIO CL A 192446102 1369 22069 SH DFND 1 22069 0 0 COGNIZANT TECHNOLOGY SOLUTIO CL A 192446102 2599 41910 SH DFND 2 41910 0 0 COGNIZANT TECHNOLOGY SOLUTIO CL A 192446102 4107 66215 SH SOLE 66215 0 0 COMCAST CORP NEW CL A 20030N101 1987 44181 SH DFND 1 44181 0 0 COMCAST CORP NEW CL A 20030N101 3990 88728 SH DFND 2 88728 0 0 COMCAST CORP NEW CL A 20030N101 27015 600736 SH SOLE 600736 0 0 COMPANHIA BRASILEIRA DE DIST SPN ADR PFD CL A 20440T201 2853 130433 SH SOLE 130433 0 0 COOPER TIRE & RUBR CO COM 216831107 237 8233 SH SOLE 8233 0 0 COPA HOLDINGS SA CL A P31076105 2174 20118 SH DFND 1 20118 0 0 COPA HOLDINGS SA CL A P31076105 21465 198606 SH DFND 2 198606 0 0 COPA HOLDINGS SA CL A P31076105 35270 326336 SH SOLE 326336 0 0 CREDIT SUISSE GROUP SPONSORED ADR 225401108 92 6843 SH DFND 1 6843 0 0 CREDIT SUISSE GROUP SPONSORED ADR 225401108 43386 3225739 SH SOLE 3225739 0 0 CRH PLC ADR 12626K203 25336 628220 SH SOLE 628220 0 0 CSS INDS INC COM 125906107 106 24082 SH SOLE 24082 0 0 CVS HEALTH CORP COM 126650100 5933 79869 SH DFND 1 79869 0 0 CVS HEALTH CORP COM 126650100 6858 92315 SH DFND 2 92315 0 0 CVS HEALTH CORP COM 126650100 53182 715876 SH SOLE 715876 0 0 EAGLE BANCORP MONT INC COM 26942G100 232 10848 SH SOLE 10848 0 0 EAGLE PHARMACEUTICALS INC COM 269796108 312 5188 SH SOLE 5188 0 0 EDGEWELL PERS CARE CO COM 28035Q102 10495 338980 SH DFND 1 338980 0 0 EDGEWELL PERS CARE CO COM 28035Q102 22741 734519 SH SOLE 734519 0 0 EMBRAER S A SPONSORED ADS 29082A107 22014 1129486 SH DFND 1 1129486 0 0 EMBRAER S A SPONSORED ADS 29082A107 58331 2992844 SH DFND 2 2992844 0 0 EMBRAER S A SPONSORED ADS 29082A107 3684 189045 SH OTR 3 189045 0 0 EMBRAER S A SPONSORED ADS 29082A107 316224 16224948 SH SOLE 16224948 0 0 EMERSON ELEC CO COM 291011104 4871 63876 SH DFND 1 63876 0 0 EMERSON ELEC CO COM 291011104 6239 81814 SH DFND 2 81814 0 0 EMERSON ELEC CO COM 291011104 50085 656762 SH SOLE 656762 0 0 ENEL CHILE S A SPONSORED ADR 29278D105 47 9926 SH DFND 1 9926 0 0 ENEL CHILE S A SPONSORED ADR 29278D105 32152 6768769 SH SOLE 6768769 0 0 ENI S P A SPONSORED ADR 26874R108 82 2663 SH DFND 1 2663 0 0 ENI S P A SPONSORED ADR 26874R108 40621 1312051 SH SOLE 1312051 0 0 FEDEX CORP COM 31428X106 3515 23246 SH DFND 1 23246 0 0 FEDEX CORP COM 31428X106 4931 32613 SH DFND 2 32613 0 0 FEDEX CORP COM 31428X106 31902 210979 SH SOLE 210979 0 0 FLEX LTD ORD Y2573F102 4711 373313 SH DFND 1 373313 0 0 FLEX LTD ORD Y2573F102 10815 856982 SH DFND 2 856982 0 0 FLEX LTD ORD Y2573F102 64946 5146292 SH SOLE 5146292 0 0 FOX CORP CL B COM 35137L204 735 20185 SH DFND 1 20185 0 0 FOX CORP CL B COM 35137L204 1414 38852 SH DFND 2 38852 0 0 FOX CORP CL B COM 35137L204 2096 57578 SH SOLE 57578 0 0 GILEAD SCIENCES INC COM 375558103 948 14591 SH DFND 1 14591 0 0 GILEAD SCIENCES INC COM 375558103 1538 23672 SH DFND 2 23672 0 0 GILEAD SCIENCES INC COM 375558103 2673 41132 SH SOLE 41132 0 0 GLAXOSMITHKLINE PLC SPONSORED ADR 37733W105 62 1317 SH DFND 1 1317 0 0 GLAXOSMITHKLINE PLC SPONSORED ADR 37733W105 70817 1507066 SH SOLE 1507066 0 0 GRAN TIERRA ENERGY INC COM 38500T101 284 220444 SH DFND 1 220444 0 0 GREENBRIER COS INC COM 393657101 357 10996 SH SOLE 10996 0 0 GRUPO AVAL ACCIONES Y VALORE SPONSORED ADS 40053W101 976 111892 SH DFND 1 111892 0 0 GRUPO AVAL ACCIONES Y VALORE SPONSORED ADS 40053W101 15032 1723834 SH DFND 2 1723834 0 0 GRUPO AVAL ACCIONES Y VALORE SPONSORED ADS 40053W101 31680 3633032 SH SOLE 3633032 0 0 HALLIBURTON CO COM 406216101 8719 356324 SH DFND 1 356324 0 0 HALLIBURTON CO COM 406216101 6218 254116 SH DFND 2 254116 0 0 HALLIBURTON CO COM 406216101 51105 2088484 SH SOLE 2088484 0 0 HCA HEALTHCARE INC COM 40412C101 4219 28542 SH DFND 1 28542 0 0 HCA HEALTHCARE INC COM 40412C101 4971 33632 SH DFND 2 33632 0 0 HCA HEALTHCARE INC COM 40412C101 46633 315493 SH SOLE 315493 0 0 HONDA MOTOR LTD AMERN SHS 438128308 92 3256 SH DFND 1 3256 0 0 HONDA MOTOR LTD AMERN SHS 438128308 35893 1267865 SH SOLE 1267865 0 0 HOUSTON WIRE & CABLE CO COM 44244K109 152 34541 SH SOLE 34541 0 0 HSBC HLDGS PLC SPON ADR NEW 404280406 15858 405683 SH SOLE 405683 0 0 HURCO COMPANIES INC COM 447324104 268 6976 SH SOLE 6976 0 0 INGREDION INC COM 457187102 725 7800 SH DFND 1 7800 0 0 INGREDION INC COM 457187102 1409 15158 SH DFND 2 15158 0 0 INGREDION INC COM 457187102 2359 25375 SH SOLE 25375 0 0 INTERPUBLIC GROUP COS INC COM 460690100 509 22056 SH DFND 1 22056 0 0 INTERPUBLIC GROUP COS INC COM 460690100 1268 54891 SH SOLE 54891 0 0 INVACARE CORP COM 461203101 142 15797 SH SOLE 15797 0 0 ISHARES TR MSCI EMG MKT ETF 464287234 4140 92269 SH SOLE 92269 0 0 ISHARES TR RUS 2000 VAL ETF 464287630 17 129 SH SOLE 129 0 0 ISHARES TR MSCI ACWI EX US 464288240 16978 345641 SH SOLE 345641 0 0 ISHARES TR MSCI ACWI ETF 464288257 5158 65091 SH SOLE 65091 0 0 JEFFERIES FINL GROUP INC COM 47233W109 5569 260585 SH DFND 1 260585 0 0 JEFFERIES FINL GROUP INC COM 47233W109 4260 199357 SH DFND 2 199357 0 0 JEFFERIES FINL GROUP INC COM 47233W109 34093 1595387 SH SOLE 1595387 0 0 JOHNSON & JOHNSON COM 478160104 1488 10201 SH DFND 1 10201 0 0 JOHNSON & JOHNSON COM 478160104 1926 13202 SH DFND 2 13202 0 0 JOHNSON & JOHNSON COM 478160104 4171 28592 SH SOLE 28592 0 0 JOHNSON CTLS INTL PLC SHS G51502105 704 17295 SH DFND 1 17295 0 0 JOHNSON CTLS INTL PLC SHS G51502105 1356 33298 SH DFND 2 33298 0 0 JOHNSON CTLS INTL PLC SHS G51502105 2199 54026 SH SOLE 54026 0 0 JPMORGAN CHASE & CO COM 46625H100 1221 8758 SH DFND 1 8758 0 0 JPMORGAN CHASE & CO COM 46625H100 2245 16103 SH DFND 2 16103 0 0 JPMORGAN CHASE & CO COM 46625H100 3837 27528 SH SOLE 27528 0 0 L BRANDS INC COM 501797104 259 14319 SH DFND 1 14319 0 0 L BRANDS INC COM 501797104 738 40744 SH SOLE 40744 0 0 LABORATORY CORP AMER HLDGS COM NEW 50540R409 4865 28757 SH DFND 1 28757 0 0 LABORATORY CORP AMER HLDGS COM NEW 50540R409 6757 39945 SH DFND 2 39945 0 0 LABORATORY CORP AMER HLDGS COM NEW 50540R409 49903 294990 SH SOLE 294990 0 0 LOEWS CORP COM 540424108 638 12155 SH DFND 1 12155 0 0 LOEWS CORP COM 540424108 1209 23033 SH DFND 2 23033 0 0 LOEWS CORP COM 540424108 2117 40333 SH SOLE 40333 0 0 M D C HLDGS INC COM 552676108 522 13692 SH DFND 1 13692 0 0 M D C HLDGS INC COM 552676108 1004 26314 SH DFND 2 26314 0 0 M D C HLDGS INC COM 552676108 1728 45280 SH SOLE 45280 0 0 MCKESSON CORP COM 58155Q103 13083 94587 SH DFND 1 94587 0 0 MCKESSON CORP COM 58155Q103 10108 73080 SH DFND 2 73080 0 0 MCKESSON CORP COM 58155Q103 73068 528251 SH SOLE 528251 0 0 MEDNAX INC COM 58502B106 386 13876 SH DFND 1 13876 0 0 MEDNAX INC COM 58502B106 914 32885 SH SOLE 32885 0 0 MERCK & CO INC COM 58933Y105 9112 100183 SH DFND 1 100183 0 0 MERCK & CO INC COM 58933Y105 10846 119257 SH DFND 2 119257 0 0 MERCK & CO INC COM 58933Y105 84687 931138 SH SOLE 931138 0 0 MICROSOFT CORP COM 594918104 3283 20821 SH DFND 1 20821 0 0 MICROSOFT CORP COM 594918104 3795 24063 SH DFND 2 24063 0 0 MICROSOFT CORP COM 594918104 29331 185995 SH SOLE 185995 0 0 MICROSTRATEGY INC CL A NEW 594972408 797 5585 SH SOLE 5585 0 0 MITSUBISHI UFJ FINL GROUP IN SPONSORED ADS 606822104 19 3585 SH DFND 1 3585 0 0 MITSUBISHI UFJ FINL GROUP IN SPONSORED ADS 606822104 24176 4452308 SH SOLE 4452308 0 0 MOBILE TELESYSTEMS PJSC SPONSORED ADR 607409109 10 993 SH DFND 1 993 0 0 MOBILE TELESYSTEMS PJSC SPONSORED ADR 607409109 9177 904165 SH DFND 2 904165 0 0 MOBILE TELESYSTEMS PJSC SPONSORED ADR 607409109 26772 2637629 SH SOLE 2637629 0 0 MOHAWK INDS INC COM 608190104 1078 7908 SH DFND 1 7908 0 0 MOHAWK INDS INC COM 608190104 2019 14807 SH SOLE 14807 0 0 NATIONAL BANKSHARES INC VA COM 634865109 224 4988 SH SOLE 4988 0 0 NATIONAL PRESTO INDS INC COM 637215104 553 6253 SH SOLE 6253 0 0 NATIONAL WESTN LIFE GROUP IN CL A 638517102 544 1870 SH SOLE 1870 0 0 NETGEAR INC COM 64111Q104 6642 270980 SH DFND 1 270980 0 0 NETGEAR INC COM 64111Q104 15299 624191 SH SOLE 624191 0 0 NOKIA CORP SPONSORED ADR 654902204 61 16413 SH DFND 1 16413 0 0 NOKIA CORP SPONSORED ADR 654902204 23796 6414124 SH SOLE 6414124 0 0 NORTHRIM BANCORP INC COM 666762109 245 6396 SH SOLE 6396 0 0 NXP SEMICONDUCTORS N V COM N6596X109 6646 52222 SH DFND 1 52222 0 0 NXP SEMICONDUCTORS N V COM N6596X109 7971 62636 SH DFND 2 62636 0 0 NXP SEMICONDUCTORS N V COM N6596X109 127145 999096 SH SOLE 999096 0 0 OLD REP INTL CORP COM 680223104 988 44185 SH DFND 1 44185 0 0 OLD REP INTL CORP COM 680223104 1851 82753 SH DFND 2 82753 0 0 OLD REP INTL CORP COM 680223104 3804 170070 SH SOLE 170070 0 0 OMNICOM GROUP INC COM 681919106 1881 23212 SH DFND 1 23212 0 0 OMNICOM GROUP INC COM 681919106 3256 40190 SH DFND 2 40190 0 0 OMNICOM GROUP INC COM 681919106 5686 70175 SH SOLE 70175 0 0 ORACLE CORP COM 68389X105 1001 18900 SH DFND 1 18900 0 0 ORACLE CORP COM 68389X105 2058 38854 SH DFND 2 38854 0 0 ORACLE CORP COM 68389X105 3596 67877 SH SOLE 67877 0 0 ORANGE SPONSORED ADR 684060106 17078 1170554 SH SOLE 1170554 0 0 ORION GROUP HOLDINGS INC COM 68628V308 285 54834 SH SOLE 54834 0 0 OWENS & MINOR INC NEW COM 690732102 350 67604 SH DFND 1 67604 0 0 OWENS & MINOR INC NEW COM 690732102 755 145968 SH SOLE 145968 0 0 PDL BIOPHARMA INC COM 69329Y104 5591 1722979 SH DFND 1 1722979 0 0 PDL BIOPHARMA INC COM 69329Y104 13266 4088101 SH SOLE 4088101 0 0 PEPSICO INC COM 713448108 2848 20836 SH DFND 1 20836 0 0 PEPSICO INC COM 713448108 3691 27008 SH DFND 2 27008 0 0 PEPSICO INC COM 713448108 30823 225527 SH SOLE 225527 0 0 PETROCHINA CO LTD SPONSORED ADR 71646E100 1742 34617 SH SOLE 34617 0 0 PETROLEO BRASILEIRO SA PETRO SP ADR NON VTG 71654V101 11 728 SH DFND 1 728 0 0 PETROLEO BRASILEIRO SA PETRO SP ADR NON VTG 71654V101 16468 1103726 SH SOLE 1103726 0 0 PFIZER INC COM 717081103 7780 198581 SH DFND 1 198581 0 0 PFIZER INC COM 717081103 8417 214830 SH DFND 2 214830 0 0 PFIZER INC COM 717081103 74629 1904763 SH SOLE 1904763 0 0 PHIBRO ANIMAL HEALTH CORP CL A COM 71742Q106 402 16189 SH SOLE 16189 0 0 PNC FINL SVCS GROUP INC COM 693475105 4615 28909 SH DFND 1 28909 0 0 PNC FINL SVCS GROUP INC COM 693475105 6179 38707 SH DFND 2 38707 0 0 PNC FINL SVCS GROUP INC COM 693475105 50203 314493 SH SOLE 314493 0 0 POSCO SPONSORED ADR 693483109 5 96 SH DFND 1 96 0 0 POSCO SPONSORED ADR 693483109 12637 249647 SH SOLE 249647 0 0 PREMIER INC CL A 74051N102 629 16614 SH SOLE 16614 0 0 QUEST DIAGNOSTICS INC COM 74834L100 585 5479 SH DFND 1 5479 0 0 QUEST DIAGNOSTICS INC COM 74834L100 539 5043 SH SOLE 5043 0 0 RESOURCES CONNECTION INC COM 76122Q105 341 20887 SH SOLE 20887 0 0 SANOFI SPONSORED ADR 80105N105 193 3845 SH DFND 1 3845 0 0 SANOFI SPONSORED ADR 80105N105 82389 1641210 SH SOLE 1641210 0 0 SCHOLASTIC CORP COM 807066105 702 18261 SH SOLE 18261 0 0 SENECA FOODS CORP NEW CL A 817070501 246 6028 SH SOLE 6028 0 0 SENSIENT TECHNOLOGIES CORP COM 81725T100 341 5156 SH SOLE 5156 0 0 SHINHAN FINANCIAL GROUP CO L SPN ADR RESTRD 824596100 10 274 SH DFND 1 274 0 0 SHINHAN FINANCIAL GROUP CO L SPN ADR RESTRD 824596100 17684 464525 SH SOLE 464525 0 0 SIERRA WIRELESS INC COM 826516106 1216 127339 SH DFND 1 127339 0 0 SIERRA WIRELESS INC COM 826516106 1529 160104 SH SOLE 160104 0 0 ST JOE CO COM 790148100 10315 520193 SH DFND 1 520193 0 0 ST JOE CO COM 790148100 1422 71709 SH DFND 2 71709 0 0 ST JOE CO COM 790148100 21698 1094196 SH SOLE 1094196 0 0 STATE STR CORP COM 857477103 9730 123003 SH DFND 1 123003 0 0 STATE STR CORP COM 857477103 7273 91953 SH DFND 2 91953 0 0 STATE STR CORP COM 857477103 53854 680837 SH SOLE 680837 0 0 TAIWAN SEMICONDUCTOR MFG LTD SPONSORED ADS 874039100 2286 39353 SH SOLE 39353 0 0 TAKEDA PHARMACEUTICAL CO LTD SPONSORED ADS 874060205 24 1241 SH DFND 1 1241 0 0 TAKEDA PHARMACEUTICAL CO LTD SPONSORED ADS 874060205 33780 1712108 SH SOLE 1712108 0 0 TARO PHARMACEUTICAL INDS LTD SHS M8737E108 1817 20668 SH DFND 1 20668 0 0 TARO PHARMACEUTICAL INDS LTD SHS M8737E108 1478 16813 SH OTR 3 16813 0 0 TARO PHARMACEUTICAL INDS LTD SHS M8737E108 3734 42461 SH SOLE 42461 0 0 TAYLOR MORRISON HOME CORP COM 87724P106 3557 162701 SH DFND 1 162701 0 0 TAYLOR MORRISON HOME CORP COM 87724P106 2416 110504 SH DFND 2 110504 0 0 TAYLOR MORRISON HOME CORP COM 87724P106 6918 316475 SH SOLE 316475 0 0 TELEFONICA BRASIL SA SPONSORED ADR 87936R106 2079 145204 SH DFND 1 145204 0 0 TELEFONICA BRASIL SA SPONSORED ADR 87936R106 38643 2698528 SH SOLE 2698528 0 0 TERNIUM SA SPONSORED ADS 880890108 14742 670071 SH DFND 2 670071 0 0 TERRITORIAL BANCORP INC COM 88145X108 205 6626 SH SOLE 6626 0 0 TOLL BROTHERS INC COM 889478103 316 7999 SH SOLE 7999 0 0 TOTAL S A SPONSORED ADS 89151E109 84 1525 SH DFND 1 1525 0 0 TOTAL S A SPONSORED ADS 89151E109 30734 555772 SH SOLE 555772 0 0 TOYOTA MOTOR CORP SP ADR REP2COM 892331307 52 373 SH DFND 1 373 0 0 TOYOTA MOTOR CORP SP ADR REP2COM 892331307 10265 73039 SH SOLE 73039 0 0 TRIPLE-S MGMT CORP CL B 896749108 1675 90601 SH DFND 1 90601 0 0 TRIPLE-S MGMT CORP CL B 896749108 4191 226678 SH SOLE 226678 0 0 TRUIST FINL CORP COM 89832Q109 1846 32771 SH DFND 1 32771 0 0 TRUIST FINL CORP COM 89832Q109 2893 51369 SH DFND 2 51369 0 0 TRUIST FINL CORP COM 89832Q109 6238 110763 SH SOLE 110763 0 0 TURKCELL ILETISIM HIZMETLERI SPON ADR NEW 900111204 1929 332507 SH SOLE 332507 0 0 UBS GROUP AG SHS H42097107 107 8466 SH DFND 1 8466 0 0 UBS GROUP AG SHS H42097107 43668 3471199 SH SOLE 3471199 0 0 UNITED THERAPEUTICS CORP DEL COM 91307C102 8199 93090 SH DFND 1 93090 0 0 UNITED THERAPEUTICS CORP DEL COM 91307C102 17430 197892 SH SOLE 197892 0 0 WELLS FARGO CO NEW COM 949746101 11505 213849 SH DFND 1 213849 0 0 WELLS FARGO CO NEW COM 949746101 9602 178469 SH DFND 2 178469 0 0 WELLS FARGO CO NEW COM 949746101 72000 1338296 SH SOLE 1338296 0 0 WESTLAKE CHEM CORP COM 960413102 702 10006 SH DFND 1 10006 0 0 WESTLAKE CHEM CORP COM 960413102 1430 20378 SH DFND 2 20378 0 0 WESTLAKE CHEM CORP COM 960413102 2182 31100 SH SOLE 31100 0 0 WHIRLPOOL CORP COM 963320106 1247 8452 SH DFND 1 8452 0 0 WHIRLPOOL CORP COM 963320106 2773 18799 SH SOLE 18799 0 0 WHITE MTNS INS GROUP LTD COM G9618E107 603 541 SH DFND 1 541 0 0 WHITE MTNS INS GROUP LTD COM G9618E107 375 336 SH SOLE 336 0 0 WORLD FUEL SVCS CORP COM 981475106 1426 32849 SH DFND 1 32849 0 0 WORLD FUEL SVCS CORP COM 981475106 1309 30142 SH DFND 2 30142 0 0 WORLD FUEL SVCS CORP COM 981475106 3816 87897 SH SOLE 87897 0 0 WPP PLC NEW ADR 92937A102 43956 625354 SH SOLE 625354 0 0 YPF SOCIEDAD ANONIMA SPON ADR CL D 984245100 4175 360562 SH DFND 1 360562 0 0 YPF SOCIEDAD ANONIMA SPON ADR CL D 984245100 27166 2345918 SH DFND 2 2345918 0 0 YPF SOCIEDAD ANONIMA SPON ADR CL D 984245100 69915 6037595 SH SOLE 6037595 0 0 ZTO EXPRESS CAYMAN INC SPONSORED ADS A 98980A105 2846 121886 SH DFND 1 121886 0 0 ZTO EXPRESS CAYMAN INC SPONSORED ADS A 98980A105 323 13835 SH DFND 2 13835 0 0 ZTO EXPRESS CAYMAN INC SPONSORED ADS A 98980A105 11480 491641 SH SOLE 491641 0 0