Charles Brandes's top holdings (August 2025) include CAE Inc. (CAE), a company that provides simulation and training solutions for the civil aviation, defense, and healthcare sectors.

Charles Brandes is the founder and chairman of Brandes Investment Partners, a firm known for its disciplined, value-oriented investment strategy. His investment philosophy is rooted in the principles of Benjamin Graham, focusing on thorough fundamental analysis to identify undervalued securities.

CAE Inc. (CAE)

CAE Inc. operates as a high-technology company, providing simulation, training, and critical operations support solutions globally. Its services extend across civil aviation, defense and security, and healthcare markets, offering flight simulators, training services, and medical education solutions. The company's market capitalization stands at $9.19 billion, while the current value of Charles Brandes's holding is $404.39 million. Analysts have set a price target of $29.0 for CAE, and a discounted cash flow analysis suggests a value of $1.81 per share.
Here's an overview of Charles Brandes's trades in CAE Inc.:

Embraer S.A. - ADR (ERJ)

Embraer S.A. is a prominent global aerospace company based in Brazil, involved in the design, development, manufacture, and sale of aircraft for commercial, executive, and agricultural applications. The company also provides related services and support. This holding in Charles Brandes's portfolio is currently worth $393.36 million. The company has a market capitalization of $8.77 billion, and analysts have set a price target of $48.0 for Embraer.
Here's an overview of Charles Brandes's trades in Embraer S.A. - ADR:

Grifols SA - ADR - Level III (GRFS)

Grifols SA is a multinational biopharmaceutical company specializing in the research, development, manufacturing, and marketing of plasma-derived medicines. The company focuses on products used in the treatment of rare and chronic conditions, with a significant global presence. The position is currently valued at $275.43 million, and Grifols has a market cap of $8.82 billion. Based on a discounted cash flow analysis, the company suggests a value of $1.31 per share.
Here's an overview of Charles Brandes's trades in Grifols SA - ADR - Level III:

Citigroup Inc (C)

Citigroup Inc. is a leading global diversified financial services holding company that provides a broad range of financial products and services to consumers, corporations, governments, and institutions. Its operations span consumer banking, corporate and investment banking, and wealth management across numerous countries. Citigroup's market capitalization is $179.43 billion, and Charles Brandes's position in the company is valued at $267.18 million. Analysts have a price target of $93.0 for Citigroup, and the discounted cash flow analysis points to a value of $18.58 per share.
Here's an overview of Charles Brandes's trades in Citigroup Inc:

Cemex S.A.B. De C.V. - ADR (CX)

Cemex S.A.B. de C.V. is a global building materials company that produces, markets, and distributes cement, ready-mix concrete, and aggregates. The company also offers related construction products and services, serving customers in over 50 countries. The current value of Charles Brandes's position in Cemex is $263.7 million. With a market capitalization of $12.2 billion, analysts have set a price target of $7.5 for Cemex, and a discounted cash flow value for the company is $0.68 per share.
Here's an overview of Charles Brandes's trades in Cemex S.A.B. De C.V. - ADR: