0001104659-20-093734.txt : 20200812 0001104659-20-093734.hdr.sgml : 20200812 20200812133310 ACCESSION NUMBER: 0001104659-20-093734 CONFORMED SUBMISSION TYPE: 13F-HR PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20200630 FILED AS OF DATE: 20200812 DATE AS OF CHANGE: 20200812 EFFECTIVENESS DATE: 20200812 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: 201095012 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 06-30-2020 06-30-2020 false BRANDES INVESTMENT PARTNERS, LP

11988 El Camino Real Suite 600 San Diego CA 92130

13F COMBINATION REPORT 028-05620 N Ian Rose 858-755-0239 /s/ Ian Rose San Diego CA 08-12-2020 2 343 3284950 1 0001542551 028-14898 Brandes Investment Partners & Co. 2 0001741145 028-18793 Brandes Investment Partners (Europe) Ltd. INFORMATION TABLE 2 infotable.xml AARONS INC COM PAR $0.50 002535300 209 4596 SH SOLE 4596 0 0 ADECOAGRO S A COM L00849106 647 149081 SH DFND 1 149081 0 0 ADECOAGRO S A COM L00849106 5903 1360171 SH DFND 2 1360171 0 0 ADECOAGRO S A COM L00849106 31329 7218763 SH SOLE 7218763 0 0 AEGON N V NY REGISTRY SHS 007924103 7 2286 SH DFND 1 2286 0 0 AEGON N V NY REGISTRY SHS 007924103 7699 2618806 SH SOLE 2618806 0 0 ALEXANDER & BALDWIN INC NEW COM 014491104 4621 379117 SH SOLE 379117 0 0 ALIBABA GROUP HLDG LTD SPONSORED ADS 01609W102 3848 17839 SH DFND 1 17839 0 0 ALIBABA GROUP HLDG LTD SPONSORED ADS 01609W102 9675 44854 SH DFND 2 44854 0 0 ALIBABA GROUP HLDG LTD SPONSORED ADS 01609W102 60121 278727 SH SOLE 278727 0 0 ALLETE INC COM NEW 018522300 292 5343 SH DFND 1 5343 0 0 ALLETE INC COM NEW 018522300 399 7309 SH DFND 2 7309 0 0 ALLETE INC COM NEW 018522300 1702 31163 SH SOLE 31163 0 0 ALPHABET INC CAP STK CL C 02079K107 1062 751 SH DFND 1 751 0 0 ALPHABET INC CAP STK CL C 02079K107 1781 1260 SH DFND 2 1260 0 0 ALPHABET INC CAP STK CL C 02079K107 3550 2511 SH SOLE 2511 0 0 AMBEV SA SPONSORED ADR 02319V103 16 5967 SH DFND 1 5967 0 0 AMBEV SA SPONSORED ADR 02319V103 15620 5916721 SH SOLE 5916721 0 0 AMDOCS LTD SHS G02602103 2766 45439 SH DFND 1 45439 0 0 AMDOCS LTD SHS G02602103 2086 34262 SH DFND 2 34262 0 0 AMDOCS LTD SHS G02602103 7234 118831 SH SOLE 118831 0 0 AMERCO COM 023586100 1070 3541 SH DFND 1 3541 0 0 AMERCO COM 023586100 1082 3582 SH DFND 2 3582 0 0 AMERCO COM 023586100 2787 9223 SH SOLE 9223 0 0 AMERICA MOVIL SAB DE CV SPON ADR L SHS 02364W105 1809 142516 SH SOLE 142516 0 0 AMERICAN INTL GROUP INC COM NEW 026874784 5296 169861 SH DFND 1 169861 0 0 AMERICAN INTL GROUP INC COM NEW 026874784 4314 138360 SH DFND 2 138360 0 0 AMERICAN INTL GROUP INC COM NEW 026874784 34627 1110541 SH SOLE 1110541 0 0 AMERICAN NATL INS CO COM 028591105 314 4362 SH SOLE 4362 0 0 AMGEN INC COM 031162100 497 2109 SH DFND 1 2109 0 0 AMGEN INC COM 031162100 822 3483 SH DFND 2 3483 0 0 AMGEN INC COM 031162100 1723 7305 SH SOLE 7305 0 0 ANHEUSER BUSCH INBEV SA/NV SPONSORED ADR 03524A108 14 281 SH DFND 1 281 0 0 ANHEUSER BUSCH INBEV SA/NV SPONSORED ADR 03524A108 12875 261164 SH SOLE 261164 0 0 APPLIED MATLS INC COM 038222105 3002 49657 SH DFND 1 49657 0 0 APPLIED MATLS INC COM 038222105 3735 61785 SH DFND 2 61785 0 0 APPLIED MATLS INC COM 038222105 27655 457479 SH SOLE 457479 0 0 ARLO TECHNOLOGIES INC COM 04206A101 53 20735 SH SOLE 20735 0 0 ARROW ELECTRS INC COM 042735100 531 7726 SH SOLE 7726 0 0 AVADEL PHARMACEUTICALS PLC SPONSORED ADR 05337M104 958 118530 SH DFND 1 118530 0 0 AVADEL PHARMACEUTICALS PLC SPONSORED ADR 05337M104 2398 296834 SH DFND 2 296834 0 0 AVADEL PHARMACEUTICALS PLC SPONSORED ADR 05337M104 8632 1068263 SH SOLE 1068263 0 0 AVIAT NETWORKS INC COM NEW 05366Y201 976 53495 SH SOLE 53495 0 0 AVNET INC COM 053807103 1349 48378 SH DFND 1 48378 0 0 AVNET INC COM 053807103 1098 39377 SH DFND 2 39377 0 0 AVNET INC COM 053807103 4106 147264 SH SOLE 147264 0 0 BAIDU INC SPON ADR REP A 056752108 3562 29712 SH DFND 1 29712 0 0 BAIDU INC SPON ADR REP A 056752108 5646 47095 SH DFND 2 47095 0 0 BAIDU INC SPON ADR REP A 056752108 55999 467087 SH SOLE 467087 0 0 BANK NEW YORK MELLON CORP COM 064058100 4197 108587 SH DFND 1 108587 0 0 BANK NEW YORK MELLON CORP COM 064058100 5917 153082 SH DFND 2 153082 0 0 BANK NEW YORK MELLON CORP COM 064058100 46225 1195993 SH SOLE 1195993 0 0 BARCLAYS PLC ADR 06738E204 4 793 SH DFND 1 793 0 0 BARCLAYS PLC ADR 06738E204 14777 2610744 SH SOLE 2610744 0 0 BK OF AMERICA CORP COM 060505104 5889 247964 SH DFND 1 247964 0 0 BK OF AMERICA CORP COM 060505104 7103 299093 SH DFND 2 299093 0 0 BK OF AMERICA CORP COM 060505104 60700 2555802 SH SOLE 2555802 0 0 BP PLC SPONSORED ADR 055622104 24725 1060270 SH SOLE 1060270 0 0 BRIGHTHOUSE FINL INC COM 10922N103 5600 201292 SH SOLE 201292 0 0 CADENCE BANCORPORATION CL A 12739A100 4708 531352 SH SOLE 531352 0 0 CAL MAINE FOODS INC COM NEW 128030202 222 4983 SH SOLE 4983 0 0 CAMECO CORP COM 13321L108 2130 207815 SH DFND 1 207815 0 0 CAMECO CORP COM 13321L108 90015 8781991 SH SOLE 8781991 0 0 CARDINAL HEALTH INC COM 14149Y108 9002 172483 SH DFND 1 172483 0 0 CARDINAL HEALTH INC COM 14149Y108 7471 143143 SH DFND 2 143143 0 0 CARDINAL HEALTH INC COM 14149Y108 64543 1236698 SH SOLE 1236698 0 0 CELESTICA INC SUB VTG SHS 15101Q108 498 72921 SH DFND 1 72921 0 0 CELESTICA INC SUB VTG SHS 15101Q108 7861 1150947 SH SOLE 1150947 0 0 CEMEX SAB DE CV SPON ADR NEW 151290889 8809 3058542 SH DFND 1 3058542 0 0 CEMEX SAB DE CV SPON ADR NEW 151290889 29876 10373594 SH DFND 2 10373594 0 0 CEMEX SAB DE CV SPON ADR NEW 151290889 154769 53739293 SH SOLE 53739293 0 0 CHANGE HEALTHCARE INC COM 15912K100 3916 349601 SH DFND 1 349601 0 0 CHANGE HEALTHCARE INC COM 15912K100 2888 257883 SH DFND 2 257883 0 0 CHANGE HEALTHCARE INC COM 15912K100 22558 2014103 SH SOLE 2014103 0 0 CHEVRON CORP NEW COM 166764100 908 10181 SH DFND 1 10181 0 0 CHEVRON CORP NEW COM 166764100 1577 17670 SH DFND 2 17670 0 0 CHEVRON CORP NEW COM 166764100 26096 292457 SH SOLE 292457 0 0 CHINA MOBILE LIMITED SPONSORED ADR 16941M109 56 1675 SH DFND 1 1675 0 0 CHINA MOBILE LIMITED SPONSORED ADR 16941M109 24898 740134 SH SOLE 740134 0 0 CHINA YUCHAI INTL LTD COM G21082105 3693 256804 SH DFND 1 256804 0 0 CHINA YUCHAI INTL LTD COM G21082105 18054 1255484 SH SOLE 1255484 0 0 CIGNA CORP NEW COM 125523100 4700 25046 SH DFND 1 25046 0 0 CIGNA CORP NEW COM 125523100 6107 32544 SH DFND 2 32544 0 0 CIGNA CORP NEW COM 125523100 47119 251100 SH SOLE 251100 0 0 CISCO SYS INC COM 17275R102 760 16305 SH DFND 1 16305 0 0 CISCO SYS INC COM 17275R102 1293 27719 SH DFND 2 27719 0 0 CISCO SYS INC COM 17275R102 2624 56258 SH SOLE 56258 0 0 CITIGROUP INC COM NEW 172967424 11186 218895 SH DFND 1 218895 0 0 CITIGROUP INC COM NEW 172967424 8372 163839 SH DFND 2 163839 0 0 CITIGROUP INC COM NEW 172967424 68430 1339130 SH SOLE 1339130 0 0 CITIZENS FINANCIAL GROUP INC COM 174610105 432 17122 SH DFND 1 17122 0 0 CITIZENS FINANCIAL GROUP INC COM 174610105 722 28621 SH SOLE 28621 0 0 CNH INDL N V SHS N20944109 3204 455749 SH DFND 2 455749 0 0 CNH INDL N V SHS N20944109 343 48745 SH SOLE 48745 0 0 COGNIZANT TECHNOLOGY SOLUTIO CL A 192446102 982 17291 SH DFND 1 17291 0 0 COGNIZANT TECHNOLOGY SOLUTIO CL A 192446102 1690 29739 SH DFND 2 29739 0 0 COGNIZANT TECHNOLOGY SOLUTIO CL A 192446102 3501 61610 SH SOLE 61610 0 0 COMCAST CORP NEW CL A 20030N101 4560 116971 SH DFND 1 116971 0 0 COMCAST CORP NEW CL A 20030N101 4857 124603 SH DFND 2 124603 0 0 COMCAST CORP NEW CL A 20030N101 40033 1027023 SH SOLE 1027023 0 0 COMPANHIA BRASILEIRA DE DIST SPONSORED ADR 20440T300 2085 159528 SH SOLE 159528 0 0 COOPER TIRE & RUBR CO COM 216831107 280 10131 SH SOLE 10131 0 0 COPA HOLDINGS SA CL A P31076105 2441 48280 SH DFND 1 48280 0 0 COPA HOLDINGS SA CL A P31076105 21403 423313 SH DFND 2 423313 0 0 COPA HOLDINGS SA CL A P31076105 43723 864783 SH SOLE 864783 0 0 CORTEVA INC COM 22052L104 2757 102913 SH DFND 1 102913 0 0 CORTEVA INC COM 22052L104 3152 117639 SH DFND 2 117639 0 0 CORTEVA INC COM 22052L104 25607 955829 SH SOLE 955829 0 0 CREDIT SUISSE GROUP SPONSORED ADR 225401108 73 7086 SH DFND 1 7086 0 0 CREDIT SUISSE GROUP SPONSORED ADR 225401108 30690 2976749 SH SOLE 2976749 0 0 CRH PLC ADR 12626K203 18162 529344 SH SOLE 529344 0 0 CVS HEALTH CORP COM 126650100 4785 73646 SH DFND 1 73646 0 0 CVS HEALTH CORP COM 126650100 5753 88547 SH DFND 2 88547 0 0 CVS HEALTH CORP COM 126650100 44422 683729 SH SOLE 683729 0 0 DIAMOND S SHIPPING INC COM Y20676105 2399 300238 SH SOLE 300238 0 0 DIGI INTL INC COM 253798102 155 13284 SH SOLE 13284 0 0 EAGLE BANCORP MONT INC COM 26942G100 200 11521 SH SOLE 11521 0 0 EAGLE PHARMACEUTICALS INC COM 269796108 340 7091 SH SOLE 7091 0 0 EDGEWELL PERS CARE CO COM 28035Q102 9584 307581 SH DFND 1 307581 0 0 EDGEWELL PERS CARE CO COM 28035Q102 27963 897403 SH SOLE 897403 0 0 EMBRAER S.A. SPONSORED ADS 29082A107 9056 1514315 SH DFND 1 1514315 0 0 EMBRAER S.A. SPONSORED ADS 29082A107 20151 3369739 SH DFND 2 3369739 0 0 EMBRAER S.A. SPONSORED ADS 29082A107 123917 20721923 SH SOLE 20721923 0 0 EMERSON ELEC CO COM 291011104 4060 65451 SH DFND 1 65451 0 0 EMERSON ELEC CO COM 291011104 5532 89187 SH DFND 2 89187 0 0 EMERSON ELEC CO COM 291011104 44750 721427 SH SOLE 721427 0 0 ENEL CHILE S.A. SPONSORED ADR 29278D105 54 14246 SH DFND 1 14246 0 0 ENEL CHILE S.A. SPONSORED ADR 29278D105 25181 6679265 SH SOLE 6679265 0 0 ENI S P A SPONSORED ADR 26874R108 58 3020 SH DFND 1 3020 0 0 ENI S P A SPONSORED ADR 26874R108 26830 1392313 SH SOLE 1392313 0 0 EQUITY COMWLTH COM SH BEN INT 294628102 354 11004 SH SOLE 11004 0 0 F5 NETWORKS INC COM 315616102 451 3230 SH DFND 1 3230 0 0 F5 NETWORKS INC COM 315616102 902 6465 SH SOLE 6465 0 0 FEDEX CORP COM 31428X106 4055 28919 SH DFND 1 28919 0 0 FEDEX CORP COM 31428X106 4918 35073 SH DFND 2 35073 0 0 FEDEX CORP COM 31428X106 40843 291281 SH SOLE 291281 0 0 FLEX LTD ORD Y2573F102 719 70136 SH DFND 1 70136 0 0 FLEX LTD ORD Y2573F102 1210 118026 SH DFND 2 118026 0 0 FLEX LTD ORD Y2573F102 9081 885977 SH SOLE 885977 0 0 FOSTER L B CO COM 350060109 221 17320 SH SOLE 17320 0 0 FOX CORP CL B COM 35137L204 475 17699 SH DFND 1 17699 0 0 FOX CORP CL B COM 35137L204 796 29639 SH DFND 2 29639 0 0 FOX CORP CL B COM 35137L204 1492 55571 SH SOLE 55571 0 0 GENERAL DYNAMICS CORP COM 369550108 733 4906 SH DFND 1 4906 0 0 GENERAL DYNAMICS CORP COM 369550108 1006 6730 SH DFND 2 6730 0 0 GENERAL DYNAMICS CORP COM 369550108 3432 22961 SH SOLE 22961 0 0 GILDAN ACTIVEWEAR INC COM 375916103 633 40848 SH DFND 1 40848 0 0 GILEAD SCIENCES INC COM 375558103 345 4490 SH DFND 1 4490 0 0 GILEAD SCIENCES INC COM 375558103 578 7506 SH DFND 2 7506 0 0 GILEAD SCIENCES INC COM 375558103 1364 17733 SH SOLE 17733 0 0 GLAXOSMITHKLINE PLC SPONSORED ADR 37733W105 21 504 SH DFND 1 504 0 0 GLAXOSMITHKLINE PLC SPONSORED ADR 37733W105 38280 938462 SH SOLE 938462 0 0 GRAHAM CORP COM 384556106 401 31511 SH SOLE 31511 0 0 GRAN TIERRA ENERGY INC COM 38500T101 76 220444 SH DFND 1 220444 0 0 GREENBRIER COS INC COM 393657101 268 11799 SH SOLE 11799 0 0 GRUPO AVAL ACCIONES Y VALORE SPONSORED ADS 40053W101 310 70996 SH DFND 1 70996 0 0 GRUPO AVAL ACCIONES Y VALORE SPONSORED ADS 40053W101 5192 1190815 SH DFND 2 1190815 0 0 GRUPO AVAL ACCIONES Y VALORE SPONSORED ADS 40053W101 4996 1145778 SH SOLE 1145778 0 0 HALLIBURTON CO COM 406216101 11446 881831 SH DFND 1 881831 0 0 HALLIBURTON CO COM 406216101 4121 317467 SH DFND 2 317467 0 0 HALLIBURTON CO COM 406216101 60970 4697216 SH SOLE 4697216 0 0 HARLEY DAVIDSON INC COM 412822108 336 14132 SH SOLE 14132 0 0 HCA HEALTHCARE INC COM 40412C101 4257 43858 SH DFND 1 43858 0 0 HCA HEALTHCARE INC COM 40412C101 4845 49915 SH DFND 2 49915 0 0 HCA HEALTHCARE INC COM 40412C101 35408 364801 SH SOLE 364801 0 0 HELMERICH & PAYNE INC COM 423452101 248 12737 SH SOLE 12737 0 0 HERC HLDGS INC COM 42704L104 6655 216560 SH SOLE 216560 0 0 HONDA MOTOR LTD AMERN SHS 438128308 81 3166 SH DFND 1 3166 0 0 HONDA MOTOR LTD AMERN SHS 438128308 25180 985126 SH SOLE 985126 0 0 HOUSTON WIRE & CABLE CO COM 44244K109 96 40818 SH SOLE 40818 0 0 INDUSTRIAS BACHOCO S A B DE SPON ADR B 456463108 416 11833 SH SOLE 11833 0 0 INGREDION INC COM 457187102 2735 32950 SH DFND 1 32950 0 0 INGREDION INC COM 457187102 1917 23102 SH DFND 2 23102 0 0 INGREDION INC COM 457187102 19550 235541 SH SOLE 235541 0 0 INTERPUBLIC GROUP COS INC COM 460690100 378 22056 SH DFND 1 22056 0 0 INTERPUBLIC GROUP COS INC COM 460690100 818 47642 SH SOLE 47642 0 0 INVACARE CORP COM 461203101 89 13908 SH SOLE 13908 0 0 ISHARES TR MSCI EMG MKT ETF 464287234 96 2391 SH SOLE 2391 0 0 ISHARES TR MSCI ACWI EX US 464288240 822 19021 SH SOLE 19021 0 0 JOHNSON & JOHNSON COM 478160104 1585 11270 SH DFND 1 11270 0 0 JOHNSON & JOHNSON COM 478160104 1774 12618 SH DFND 2 12618 0 0 JOHNSON & JOHNSON COM 478160104 6043 42968 SH SOLE 42968 0 0 JOHNSON CTLS INTL PLC SHS G51502105 497 14555 SH DFND 1 14555 0 0 JOHNSON CTLS INTL PLC SHS G51502105 815 23866 SH DFND 2 23866 0 0 JOHNSON CTLS INTL PLC SHS G51502105 1911 55972 SH SOLE 55972 0 0 JPMORGAN CHASE & CO COM 46625H100 795 8454 SH DFND 1 8454 0 0 JPMORGAN CHASE & CO COM 46625H100 1288 13690 SH DFND 2 13690 0 0 JPMORGAN CHASE & CO COM 46625H100 2393 25436 SH SOLE 25436 0 0 KELLY SVCS INC CL A 488152208 243 15371 SH SOLE 15371 0 0 KOPPERS HOLDINGS INC COM 50060P106 6694 355286 SH SOLE 355286 0 0 KULICKE & SOFFA INDS INC COM 501242101 4159 199677 SH SOLE 199677 0 0 LABORATORY CORP AMER HLDGS COM NEW 50540R409 3976 23935 SH DFND 1 23935 0 0 LABORATORY CORP AMER HLDGS COM NEW 50540R409 5310 31968 SH DFND 2 31968 0 0 LABORATORY CORP AMER HLDGS COM NEW 50540R409 46722 281271 SH SOLE 281271 0 0 LIVANOVA PLC SHS G5509L101 1540 32003 SH DFND 1 32003 0 0 LIVANOVA PLC SHS G5509L101 3119 64813 SH DFND 2 64813 0 0 LIVANOVA PLC SHS G5509L101 9237 191910 SH SOLE 191910 0 0 LOEWS CORP COM 540424108 358 10433 SH DFND 1 10433 0 0 LOEWS CORP COM 540424108 577 16827 SH DFND 2 16827 0 0 LOEWS CORP COM 540424108 1289 37604 SH SOLE 37604 0 0 M D C HLDGS INC COM 552676108 472 13217 SH DFND 1 13217 0 0 M D C HLDGS INC COM 552676108 719 20130 SH DFND 2 20130 0 0 M D C HLDGS INC COM 552676108 1552 43466 SH SOLE 43466 0 0 MANITOWOC CO INC COM NEW 563571405 5406 496845 SH SOLE 496845 0 0 MCKESSON CORP COM 58155Q103 9097 59293 SH DFND 1 59293 0 0 MCKESSON CORP COM 58155Q103 8302 54112 SH DFND 2 54112 0 0 MCKESSON CORP COM 58155Q103 64799 422364 SH SOLE 422364 0 0 MEDNAX INC COM 58502B106 237 13876 SH DFND 1 13876 0 0 MEDNAX INC COM 58502B106 532 31105 SH SOLE 31105 0 0 MERCK & CO. INC COM 58933Y105 6490 83925 SH DFND 1 83925 0 0 MERCK & CO. INC COM 58933Y105 7545 97568 SH DFND 2 97568 0 0 MERCK & CO. INC COM 58933Y105 60031 776293 SH SOLE 776293 0 0 MICROSOFT CORP COM 594918104 2384 11716 SH DFND 1 11716 0 0 MICROSOFT CORP COM 594918104 3181 15629 SH DFND 2 15629 0 0 MICROSOFT CORP COM 594918104 21535 105820 SH SOLE 105820 0 0 MICROSTRATEGY INC CL A NEW 594972408 369 3118 SH DFND 1 3118 0 0 MICROSTRATEGY INC CL A NEW 594972408 1053 8900 SH SOLE 8900 0 0 MITSUBISHI UFJ FINL GROUP IN SPONSORED ADS 606822104 15 3836 SH DFND 1 3836 0 0 MITSUBISHI UFJ FINL GROUP IN SPONSORED ADS 606822104 14148 3600120 SH SOLE 3600120 0 0 MOBILE TELESYSTEMS PJSC SPONSORED ADR 607409109 11574 1259431 SH SOLE 1259431 0 0 MOHAWK INDS INC COM 608190104 6889 67697 SH DFND 1 67697 0 0 MOHAWK INDS INC COM 608190104 3517 34561 SH DFND 2 34561 0 0 MOHAWK INDS INC COM 608190104 42426 416922 SH SOLE 416922 0 0 NATIONAL PRESTO INDS INC COM 637215104 609 6970 SH SOLE 6970 0 0 NATIONAL WESTN LIFE GROUP IN CL A 638517102 355 1748 SH DFND 1 1748 0 0 NATIONAL WESTN LIFE GROUP IN CL A 638517102 969 4770 SH SOLE 4770 0 0 NETGEAR INC COM 64111Q104 8981 346894 SH DFND 1 346894 0 0 NETGEAR INC COM 64111Q104 25493 984670 SH SOLE 984670 0 0 NOKIA CORP SPONSORED ADR 654902204 67 15158 SH DFND 1 15158 0 0 NOKIA CORP SPONSORED ADR 654902204 20665 4696511 SH SOLE 4696511 0 0 NORTHRIM BANCORP INC COM 666762109 217 8625 SH SOLE 8625 0 0 NXP SEMICONDUCTORS N V COM N6596X109 2011 17633 SH DFND 1 17633 0 0 NXP SEMICONDUCTORS N V COM N6596X109 4466 39162 SH DFND 2 39162 0 0 NXP SEMICONDUCTORS N V COM N6596X109 57457 503831 SH SOLE 503831 0 0 OLD REP INTL CORP COM 680223104 648 39712 SH DFND 1 39712 0 0 OLD REP INTL CORP COM 680223104 1083 66379 SH DFND 2 66379 0 0 OLD REP INTL CORP COM 680223104 2497 153110 SH SOLE 153110 0 0 OLIN CORP COM PAR $1 680665205 8554 744502 SH SOLE 744502 0 0 OMNICOM GROUP INC COM 681919106 1032 18909 SH DFND 1 18909 0 0 OMNICOM GROUP INC COM 681919106 1725 31588 SH DFND 2 31588 0 0 OMNICOM GROUP INC COM 681919106 3543 64894 SH SOLE 64894 0 0 ON SEMICONDUCTOR CORP COM 682189105 445 22438 SH DFND 1 22438 0 0 ON SEMICONDUCTOR CORP COM 682189105 885 44635 SH SOLE 44635 0 0 ORACLE CORP COM 68389X105 1008 18244 SH DFND 1 18244 0 0 ORACLE CORP COM 68389X105 1610 29125 SH DFND 2 29125 0 0 ORACLE CORP COM 68389X105 3449 62408 SH SOLE 62408 0 0 ORANGE SPONSORED ADR 684060106 11747 987144 SH SOLE 987144 0 0 ORION GROUP HOLDINGS INC COM 68628V308 190 60621 SH SOLE 60621 0 0 OWENS & MINOR INC NEW COM 690732102 515 67604 SH DFND 1 67604 0 0 OWENS & MINOR INC NEW COM 690732102 1000 131184 SH SOLE 131184 0 0 PDL BIOPHARMA INC COM 69329Y104 4165 1431222 SH DFND 1 1431222 0 0 PDL BIOPHARMA INC COM 69329Y104 11407 3919910 SH SOLE 3919910 0 0 PEPSICO INC COM 713448108 588 4443 SH DFND 1 4443 0 0 PEPSICO INC COM 713448108 787 5952 SH DFND 2 5952 0 0 PEPSICO INC COM 713448108 1758 13293 SH SOLE 13293 0 0 PETROCHINA CO LTD SPONSORED ADR 71646E100 1378 41665 SH SOLE 41665 0 0 PETROLEO BRASILEIRO SA PETRO SP ADR NON VTG 71654V101 15 1823 SH DFND 1 1823 0 0 PETROLEO BRASILEIRO SA PETRO SP ADR NON VTG 71654V101 16648 2088809 SH SOLE 2088809 0 0 PFIZER INC COM 717081103 5208 159253 SH DFND 1 159253 0 0 PFIZER INC COM 717081103 5947 181851 SH DFND 2 181851 0 0 PFIZER INC COM 717081103 55358 1692895 SH SOLE 1692895 0 0 PHIBRO ANIMAL HEALTH CORP CL A COM 71742Q106 392 14928 SH SOLE 14928 0 0 PNC FINL SVCS GROUP INC COM 693475105 2487 23643 SH DFND 1 23643 0 0 PNC FINL SVCS GROUP INC COM 693475105 2886 27427 SH DFND 2 27427 0 0 PNC FINL SVCS GROUP INC COM 693475105 29362 279080 SH SOLE 279080 0 0 POSCO SPONSORED ADR 693483109 7 187 SH DFND 1 187 0 0 POSCO SPONSORED ADR 693483109 9511 256764 SH SOLE 256764 0 0 PREMIER INC CL A 74051N102 484 14109 SH DFND 1 14109 0 0 PREMIER INC CL A 74051N102 903 26348 SH SOLE 26348 0 0 QUEST DIAGNOSTICS INC COM 74834L100 624 5479 SH DFND 1 5479 0 0 QUEST DIAGNOSTICS INC COM 74834L100 469 4118 SH SOLE 4118 0 0 RESOURCES CONNECTION INC COM 76122Q105 328 27405 SH SOLE 27405 0 0 REV GROUP INC COM 749527107 1147 187970 SH SOLE 187970 0 0 SANDERSON FARMS INC COM 800013104 209 1807 SH SOLE 1807 0 0 SANOFI SPONSORED ADR 80105N105 155 3035 SH DFND 1 3035 0 0 SANOFI SPONSORED ADR 80105N105 51320 1005290 SH SOLE 1005290 0 0 SCHOLASTIC CORP COM 807066105 540 18026 SH SOLE 18026 0 0 SCORPIO TANKERS INC SHS Y7542C130 3028 236355 SH SOLE 236355 0 0 SENSIENT TECHNOLOGIES CORP COM 81725T100 446 8548 SH SOLE 8548 0 0 SHINHAN FINANCIAL GROUP CO L SPN ADR RESTRD 824596100 8 315 SH DFND 1 315 0 0 SHINHAN FINANCIAL GROUP CO L SPN ADR RESTRD 824596100 9851 409435 SH SOLE 409435 0 0 SIERRA WIRELESS INC COM 826516106 1144 127339 SH DFND 1 127339 0 0 SIERRA WIRELESS INC COM 826516106 1412 157239 SH SOLE 157239 0 0 SOCIEDAD QUIMICA MINERA DE C SPON ADR SER B 833635105 1078 41350 SH SOLE 41350 0 0 ST JOE CO COM 790148100 1350 69497 SH DFND 1 69497 0 0 ST JOE CO COM 790148100 827 42573 SH DFND 2 42573 0 0 ST JOE CO COM 790148100 3902 200950 SH SOLE 200950 0 0 STATE STR CORP COM 857477103 6770 106527 SH DFND 1 106527 0 0 STATE STR CORP COM 857477103 5355 84272 SH DFND 2 84272 0 0 STATE STR CORP COM 857477103 40533 637815 SH SOLE 637815 0 0 TAIWAN SEMICONDUCTOR MFG LTD SPONSORED ADS 874039100 1776 31291 SH SOLE 31291 0 0 TAKEDA PHARMACEUTICAL CO LTD SPONSORED ADS 874060205 28 1555 SH DFND 1 1555 0 0 TAKEDA PHARMACEUTICAL CO LTD SPONSORED ADS 874060205 29930 1669254 SH SOLE 1669254 0 0 TARO PHARMACEUTICAL INDS LTD SHS M8737E108 3087 46423 SH DFND 1 46423 0 0 TARO PHARMACEUTICAL INDS LTD SHS M8737E108 18519 278519 SH SOLE 278519 0 0 TAYLOR MORRISON HOME CORP COM 87724P106 5419 280913 SH DFND 1 280913 0 0 TAYLOR MORRISON HOME CORP COM 87724P106 1989 103127 SH DFND 2 103127 0 0 TAYLOR MORRISON HOME CORP COM 87724P106 22582 1170648 SH SOLE 1170648 0 0 TELEFONICA BRASIL SA SPONSORED ADR 87936R106 1270 143372 SH DFND 1 143372 0 0 TELEFONICA BRASIL SA SPONSORED ADR 87936R106 11612 1310643 SH SOLE 1310643 0 0 TERNIUM SA SPONSORED ADS 880890108 10165 670071 SH DFND 2 670071 0 0 TERNIUM SA SPONSORED ADS 880890108 910 60005 SH SOLE 60005 0 0 TEXTRON INC COM 883203101 4969 150998 SH DFND 1 150998 0 0 TEXTRON INC COM 883203101 1671 50762 SH DFND 2 50762 0 0 TEXTRON INC COM 883203101 39882 1211838 SH SOLE 1211838 0 0 TIFFANY & CO NEW COM 886547108 846 6936 SH DFND 1 6936 0 0 TIFFANY & CO NEW COM 886547108 1671 13701 SH SOLE 13701 0 0 TIM PARTICIPACOES S A SPONSORED ADR 88706P205 161 12473 SH SOLE 12473 0 0 TOLL BROTHERS INC COM 889478103 392 12021 SH SOLE 12021 0 0 TOTAL S.A. SPONSORED ADS 89151E109 75 1953 SH DFND 1 1953 0 0 TOTAL S.A. SPONSORED ADS 89151E109 27255 708671 SH SOLE 708671 0 0 TOYOTA MOTOR CORP SP ADR REP2COM 892331307 47 373 SH DFND 1 373 0 0 TOYOTA MOTOR CORP SP ADR REP2COM 892331307 7350 58507 SH SOLE 58507 0 0 TRIPLE-S MGMT CORP CL B 896749108 2010 105704 SH DFND 1 105704 0 0 TRIPLE-S MGMT CORP CL B 896749108 11434 601175 SH SOLE 601175 0 0 TRUIST FINL CORP COM 89832Q109 3001 79929 SH DFND 1 79929 0 0 TRUIST FINL CORP COM 89832Q109 2358 62788 SH DFND 2 62788 0 0 TRUIST FINL CORP COM 89832Q109 26662 710047 SH SOLE 710047 0 0 TURKCELL ILETISIM HIZMETLERI SPON ADR NEW 900111204 1304 226462 SH SOLE 226462 0 0 UBS GROUP AG SHS H42097107 98 8466 SH DFND 1 8466 0 0 UBS GROUP AG SHS H42097107 35205 3050678 SH SOLE 3050678 0 0 UNITED THERAPEUTICS CORP DEL COM 91307C102 3989 32963 SH DFND 1 32963 0 0 UNITED THERAPEUTICS CORP DEL COM 91307C102 5251 43400 SH SOLE 43400 0 0 WELLS FARGO CO NEW COM 949746101 7036 274853 SH DFND 1 274853 0 0 WELLS FARGO CO NEW COM 949746101 4760 185936 SH DFND 2 185936 0 0 WELLS FARGO CO NEW COM 949746101 49291 1925442 SH SOLE 1925442 0 0 WESTLAKE CHEM CORP COM 960413102 518 9659 SH DFND 1 9659 0 0 WESTLAKE CHEM CORP COM 960413102 785 14640 SH DFND 2 14640 0 0 WESTLAKE CHEM CORP COM 960413102 1629 30357 SH SOLE 30357 0 0 WHIRLPOOL CORP COM 963320106 1147 8853 SH DFND 1 8853 0 0 WHIRLPOOL CORP COM 963320106 2058 15887 SH SOLE 15887 0 0 WHITE MTNS INS GROUP LTD COM G9618E107 480 541 SH DFND 1 541 0 0 WHITE MTNS INS GROUP LTD COM G9618E107 209 235 SH SOLE 235 0 0 WORLD FUEL SVCS CORP COM 981475106 761 29546 SH DFND 1 29546 0 0 WORLD FUEL SVCS CORP COM 981475106 1270 49295 SH DFND 2 49295 0 0 WORLD FUEL SVCS CORP COM 981475106 3265 126749 SH SOLE 126749 0 0 WPP PLC NEW ADR 92937A102 24286 620660 SH SOLE 620660 0 0 YPF SOCIEDAD ANONIMA SPON ADR CL D 984245100 2073 360578 SH DFND 1 360578 0 0 YPF SOCIEDAD ANONIMA SPON ADR CL D 984245100 13455 2340057 SH DFND 2 2340057 0 0 YPF SOCIEDAD ANONIMA SPON ADR CL D 984245100 33575 5839084 SH SOLE 5839084 0 0 ZTO EXPRESS CAYMAN INC SPONSORED ADS A 98980A105 1774 48313 SH DFND 1 48313 0 0 ZTO EXPRESS CAYMAN INC SPONSORED ADS A 98980A105 160 4347 SH DFND 2 4347 0 0 ZTO EXPRESS CAYMAN INC SPONSORED ADS A 98980A105 12618 343716 SH SOLE 343716 0 0