Charles Brandes's top holdings (April 2026) include Cae Inc. (CAE), a global leader in providing training and operational support solutions across civil aviation, defense and security, and healthcare markets.

Charles Brandes is the founder and chairman of Brandes Investment Partners, an investment management firm based in San Diego. The firm's investment philosophy is rooted in global value investing, seeking out what they identify as undervalued securities across international markets.

Cae Inc. (CAE)

Cae Inc. is recognized for its advanced simulation technologies and integrated training solutions. The company serves a diverse client base, offering products and services from flight simulators for airlines to defense training systems and medical simulation platforms. Cae Inc. has a market capitalization of $8.32B, with Charles Brandes's position currently valued at $394.87M. A discounted cash flow analysis for the company suggests a value of $27.5 per share.
Here's an overview of Charles Brandes's trades in Cae Inc.:

Kennametal Inc. (KMT)

Kennametal Inc. is a global industrial technology leader, providing tooling, engineered components, and advanced materials. Its solutions support manufacturing processes in various sectors, including aerospace, energy, and general engineering. The company's products are essential for precision machining and material applications worldwide. The company's market cap stands at $2.75B, while the current value of Charles Brandes's holding is $369.65M. Analysts have set a price target of $34.29 for Kennametal Inc. The discounted cash flow value is indicated at $11.28 per share.
Here's an overview of Charles Brandes's trades in Kennametal Inc.:

Millicom International Cellular S.A. (TIGO)

Millicom International Cellular S.A., operating primarily under the Tigo brand, is a prominent provider of mobile, cable, and satellite services. The company focuses its operations across Latin America and Africa, offering vital telecommunications services to millions of customers. The current value of Charles Brandes's position in Millicom International Cellular S.A. is $362.45M, with the company's market capitalization at $12.59B. The analyst price target for the company is $64.25, and its discounted cash flow analysis suggests a value of $37.42 per share.
Here's an overview of Charles Brandes's trades in Millicom International Cellular S.A.:

Embraer S.A. - ADR (ERJ)

Embraer S.A. is a Brazilian aerospace manufacturer that designs, develops, and produces aircraft for commercial, military, and executive aviation markets. It is one of the world's leading manufacturers of regional jets and also provides related services and support. This holding in Charles Brandes's portfolio is currently worth $332.65M. The company has a market capitalization of $47.38B.
Here's an overview of Charles Brandes's trades in Embraer S.A. - ADR:

Merck & Co Inc (MRK)

Merck & Co Inc is a global healthcare company that develops, manufactures, and markets a wide range of pharmaceutical products, vaccines, and animal health solutions. With a significant presence in oncology, infectious diseases, and diabetes, Merck maintains a broad portfolio of medicines. The company's market capitalization is $295.77B, and Charles Brandes's position in it stands at $296.87M. Analysts have a price target of $127.56 for Merck & Co Inc. A discounted cash flow value of $121.95 per share has been indicated for the company.
Here's an overview of Charles Brandes's trades in Merck & Co Inc: