BIECX Holdings — Brandes International Equity Fund
Data updated: 2026-08-26
BIECX holds 70 securities. The top 10 make up 23.7% of net assets, led by Sanofi (3.12%) and Ni Treasury Portfolio (2.84%). Consumer Staples (22.3%) and Consumer Discretionary (17.9%) are the largest sectors, and 15.8% of the portfolio is in France. No debt holdings are reported.
Holdings cover 101.12% of net asset value (99.45% of total assets; remainder is cash and receivables). As of June 30, 2026 · N-PORT.
BIECX Portfolio Holdings
70 holdings of Brandes International Equity Fund by percentage of net assets, from the fund's SEC N-PORT filing as of June 30, 2026.
| Holding | Ticker | Sector | % of net assets | Value (USD) |
|---|---|---|---|---|
| Sanofi SA | SNYNF | Health Care | 3.12% | $81.65M |
| Ni Treasury Portfolio | NTPXX | Funds & ETFs | 2.84% | $74.20M |
| Sap SE | SAPGF | Information Technology | 2.59% | $67.67M |
| Alibaba Grp. Hldg. Ltd. | BABAF | Consumer Discretionary | 2.38% | $62.27M |
| Takeda Pharm. Co. Ltd. | TKPHF | Health Care | 2.38% | $62.23M |
| Henkel AG Kgaa | HELKF | Consumer Staples | 2.28% | $59.59M |
| Wal-Mart De Mexico Sab De | WMMVF | Consumer Discretionary | 2.25% | $58.86M |
| Heineken Hldg. NV | HKHHF | Consumer Staples | 2.00% | $52.40M |
| Swatch Grp. Ag/the | SWGNF | Consumer Discretionary | 1.97% | $51.63M |
| Reckitt Benckiser Grp. Pl | RBGPF | Consumer Staples | 1.92% | $50.10M |
| Koninklijke Philips NV | PHIA | Health Care | 1.91% | $50.02M |
| Fibra Uno Administracion | FBASF | Real Estate | 1.87% | $48.88M |
| Fresenius Medical Care AG | FMCQF | Health Care | 1.87% | $48.78M |
| Carrefour SA | CRERF | Consumer Staples | 1.87% | $48.77M |
| Wilmar Intl. Ltd. | WLMIF | Consumer Staples | 1.84% | $48.23M |
| Kering SA | PPRUF | Consumer Discretionary | 1.84% | $48.20M |
| Astellas Pharma, Inc. | ALPMF | Health Care | 1.82% | $47.50M |
| Ubs Group AG Usd0.10 (reg | UBS | Financials | 1.81% | $47.28M |
| Gsk PLC | GLAXF | Health Care | 1.81% | $47.22M |
| Diageo Ord Gbp0.28 101/10 | DGEAF | Consumer Staples | 1.80% | $46.96M |
| Compagnie Financiere Rich | CFRHF | Consumer Discretionary | 1.79% | $46.68M |
| Pernod Ricard SA | PDRDF | Consumer Staples | 1.78% | $46.59M |
| Embraer SA ADR | EMBJ | Industrials | 1.70% | $44.54M |
| Honda Motor Co. Ltd. | HNDAF | Consumer Discretionary | 1.68% | $43.86M |
| Publicis Groupe SA | PGPEF | Communication Services | 1.67% | $43.70M |
| Bnp Paribas SA | BNPQF | Financials | 1.66% | $43.35M |
| Ambev Sa.com Npv Abev3 | ABEV3 | Consumer Staples | 1.66% | $43.29M |
| National Grid PLC | NGGTF | Utilities | 1.63% | $42.71M |
| Cae, Inc. | CAE | Information Technology | 1.63% | $42.63M |
| Intesa Sanpaolo Spa | IITSF | Financials | 1.62% | $42.26M |
| Dsm-Firmenich AG | DSMFF | Materials | 1.56% | $40.86M |
| Sumitomo Mitsui Trust Gro | CMTDF | Financials | 1.56% | $40.83M |
| J Sainsbury PLC | JSNSF | Consumer Staples | 1.55% | $40.48M |
| Bridgestone Corp. | BRDCF | Consumer Discretionary | 1.52% | $39.74M |
| Sodexo SA | SDXOF | Consumer Discretionary | 1.51% | $39.36M |
| Capgemini SE | CAPMF | Information Technology | 1.50% | $39.11M |
| Smith & Nephew PLC Ord US | SNNUF | Health Care | 1.49% | $39.04M |
| Petrobras | PTRBF | Energy | 1.49% | $39.01M |
| Mondi PLC | MNODF | Materials | 1.46% | $38.10M |
| Cnh Indl. NV | CNH | Industrials | 1.40% | $36.70M |
| Grifols SA | GIFOF | Health Care | 1.37% | $35.78M |
| Makita Corp. | MKEWF | Consumer Discretionary | 1.37% | $35.71M |
| Essity Ab | ETTYF | Consumer Staples | 1.33% | $34.84M |
| Budweiser Brewing Co. Apac | BDWBF | Consumer Staples | 1.31% | $34.20M |
| Deutsche Post AG | DPSTF | Industrials | 1.29% | $33.68M |
| Telefonica Brasil SA | VIVT3 | Communication Services | 1.28% | $33.36M |
| Kingfisher PLC | KGFHF | Consumer Discretionary | 1.26% | $32.99M |
| Kubota Corp. | KUBTF | Industrials | 1.25% | $32.81M |
| Open Text Corp. | OTEX | Information Technology | 1.10% | $28.84M |
| Erste Group Bank AG | EBKOF | Financials | 1.10% | $28.83M |
| Kerry Grp. PLC | KRYAF | Consumer Staples | 1.10% | $28.78M |
| Trip.com Grp. Ltd. | TRPCF | Industrials | 1.08% | $28.21M |
| Kimberly-Clark De Mexico | KCDMF | Consumer Staples | 1.03% | $26.93M |
| Nice Ltd. ADR | NICE | Information Technology | 1.01% | $26.51M |
| Novartis AG Chf0.49 (regd | NVSEF | Health Care | 1.00% | $26.04M |
| Taiwan Semiconductor Manu | TSMWF | Information Technology | 0.85% | $22.17M |
| America Movil Sab De Cv | AMXOF | Communication Services | 0.84% | $21.89M |
| Netease, Inc. | NETTF | Information Technology | 0.83% | $21.59M |
| Societe Bic SA | BICEF | Consumer Staples | 0.82% | $21.52M |
| Shell PLC | RYDAF | Energy | 0.82% | $21.40M |
| Buzzi Spa | BZZUF | Materials | 0.75% | $19.48M |
| America Movil Sab De ADR | AMX | Communication Services | 0.74% | $19.32M |
| Samsung Electronics Co. N/ | SSNNF | Information Technology | 0.74% | $19.24M |
| First Pacific Co. Ltd. | FPAFF | Unknown | 0.70% | $18.29M |
| Cemex Sab De Cv ADR | CX | Materials | 0.68% | $17.82M |
| Wpp PLC | WPPGF | Communication Services | 0.66% | $17.30M |
| Swatch Grp. Ag/the | SWGAF | Consumer Discretionary | 0.53% | $13.95M |
| Beiersdorf AG Npv | BDRFF | Consumer Staples | 0.27% | $7.09M |
| Surgutneftegas Pao | JSCZF | Energy | 0.00% | $2.15K |
| Mobile Telesystems Pjsc | MOJSF | Communication Services | 0.00% | $101 |
BIECX Sector Allocation
Brandes International Equity Fund holdings grouped by sector, by share of the portfolio's market value.
| Sector | Weight | Holdings |
|---|---|---|
| Consumer Staples | 22.3% | 15 |
| Consumer Discretionary | 17.9% | 11 |
| Health Care | 16.6% | 9 |
| Information Technology | 10.1% | 8 |
| Financials | 7.7% | 5 |
| Industrials | 6.7% | 5 |
| Communication Services | 5.1% | 6 |
| Materials | 4.4% | 4 |
| Funds & ETFs | 2.8% | 1 |
| Energy | 2.3% | 3 |
| Real Estate | 1.8% | 1 |
| Utilities | 1.6% | 1 |
| Unknown | 0.7% | 1 |
BIECX Country Allocation
Where Brandes International Equity Fund's holdings are domiciled, by percentage of net assets (largest 15).
| Country | % of net assets |
|---|---|
| France | 15.8% |
| United Kingdom | 13.7% |
| Japan | 11.6% |
| Switzerland | 8.7% |
| Germany | 8.3% |
| Mexico | 7.4% |
| Brazil | 6.1% |
| Cayman Islands | 5.6% |
| Netherlands | 5.3% |
| United States | 2.8% |
| Canada | 2.7% |
| Italy | 2.4% |
| Singapore | 1.8% |
| Spain | 1.4% |
| Sweden | 1.3% |
BIECX Portfolio Allocation
Asset-class allocation of Brandes International Equity Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Equity | 98.3% |
| Cash & Equivalents | 2.8% |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.