Brandes Investment Partners 13F-HR Quarterly holdings report by institutional manager

The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete.
The reader should not assume that the information is accurate and complete.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F INFORMATION TABLE

OMB APPROVAL

OMB Number:		3235-0006
Expires:	Oct 31, 2018
Estimated average burden
hours per response:		23.8

COLUMN 1	COLUMN 2	COLUMN 3	COLUMN 4	COLUMN 5			COLUMN 6	COLUMN 7	COLUMN 8
			VALUE	SHRS OR	SH/	PUT/	INVESTMENT	OTHER	VOTING AUTHORITY
NAME OF ISSUER	TITLE OF CLASS	CUSIP	(x$1000)	PRN AMT	PRN	CALL	DISCRETION	MANAGER	SOLE	SHARED	NONE
3M CO	COM	88579Y101	413	2,120	SH		DFND	1	2,120	0	0
3M CO	COM	88579Y101	2,160	11,095	SH		DFND	2	11,095	0	0
3M CO	COM	88579Y101	1,485	7,630	SH		SOLE		7,630	0	0
ADECOAGRO S A	COM	L00849106	724	91,583	SH		DFND	1	91,583	0	0
ADECOAGRO S A	COM	L00849106	6,563	830,762	SH		DFND	2	830,762	0	0
ADECOAGRO S A	COM	L00849106	30,134	3,814,417	SH		SOLE		3,814,417	0	0
AEGON N V	NY REGISTRY SHS	007924103	10	2,075	SH		DFND	1	2,075	0	0
AEGON N V	NY REGISTRY SHS	007924103	9,156	1,899,563	SH		SOLE		1,899,563	0	0
ALIBABA GROUP HLDG LTD	SPONSORED ADS	01609W102	77	338	SH		DFND	1	338	0	0
ALIBABA GROUP HLDG LTD	SPONSORED ADS	01609W102	12,399	54,084	SH		SOLE		54,084	0	0
ALLETE INC	COM NEW	018522300	642	9,544	SH		DFND	1	9,544	0	0
ALLETE INC	COM NEW	018522300	2,102	31,240	SH		DFND	2	31,240	0	0
ALLETE INC	COM NEW	018522300	1,637	24,341	SH		SOLE		24,341	0	0
ALPHABET INC	CAP STK CL C	02079K107	806	392	SH		DFND	1	392	0	0
ALPHABET INC	CAP STK CL C	02079K107	3,334	1,622	SH		DFND	2	1,622	0	0
ALPHABET INC	CAP STK CL C	02079K107	1,998	972	SH		SOLE		972	0	0
AMBEV SA	SPONSORED ADR	02319V103	16	5,967	SH		DFND	1	5,967	0	0
AMBEV SA	SPONSORED ADR	02319V103	13,203	4,818,629	SH		SOLE		4,818,629	0	0
AMDOCS LTD	SHS	G02602103	6,468	81,524	SH		DFND	1	81,524	0	0
AMDOCS LTD	SHS	G02602103	5,363	67,595	SH		DFND	2	67,595	0	0
AMDOCS LTD	SHS	G02602103	23,454	295,609	SH		SOLE		295,609	0	0
AMERICA MOVIL SAB DE CV	SPON ADR L SHS	02364W105	1,625	117,866	SH		SOLE		117,866	0	0
AMERICAN INTL GROUP INC	COM NEW	026874784	8,142	171,984	SH		DFND	1	171,984	0	0
AMERICAN INTL GROUP INC	COM NEW	026874784	5,474	115,624	SH		DFND	2	115,624	0	0
AMERICAN INTL GROUP INC	COM NEW	026874784	50,229	1,061,033	SH		SOLE		1,061,033	0	0
AMERICAN NATIONAL GROUP INC	COM NEW	02772A109	3,593	32,869	SH		DFND	1	32,869	0	0
AMERICAN NATIONAL GROUP INC	COM NEW	02772A109	15,082	137,984	SH		SOLE		137,984	0	0
ANHEUSER BUSCH INBEV SA/NV	SPONSORED ADR	03524A108	13	208	SH		DFND	1	208	0	0
ANHEUSER BUSCH INBEV SA/NV	SPONSORED ADR	03524A108	11,710	183,031	SH		SOLE		183,031	0	0
APPLIED MATLS INC	COM	038222105	496	3,911	SH		DFND	1	3,911	0	0
APPLIED MATLS INC	COM	038222105	1,554	12,258	SH		DFND	2	12,258	0	0
APPLIED MATLS INC	COM	038222105	1,108	8,741	SH		SOLE		8,741	0	0
ARLO TECHNOLOGIES INC	COM	04206A101	75	12,055	SH		SOLE		12,055	0	0
ARROW ELECTRS INC	COM	042735100	331	3,027	SH		SOLE		3,027	0	0
AUTOZONE INC	COM	053332102	745	523	SH		DFND	1	523	0	0
AUTOZONE INC	COM	053332102	2,309	1,620	SH		DFND	2	1,620	0	0
AUTOZONE INC	COM	053332102	1,725	1,210	SH		SOLE		1,210	0	0
AVADEL PHARMACEUTICALS PLC	SPONSORED ADR	05337M104	1,937	218,380	SH		DFND	1	218,380	0	0
AVADEL PHARMACEUTICALS PLC	SPONSORED ADR	05337M104	3,191	359,709	SH		DFND	2	359,709	0	0
AVADEL PHARMACEUTICALS PLC	SPONSORED ADR	05337M104	20,899	2,356,152	SH		SOLE		2,356,152	0	0
AVISTA CORP	COM	05379B107	312	6,611	SH		SOLE		6,611	0	0
AVNET INC	COM	053807103	2,318	56,363	SH		DFND	1	56,363	0	0
AVNET INC	COM	053807103	3,169	77,072	SH		DFND	2	77,072	0	0
AVNET INC	COM	053807103	4,325	105,182	SH		SOLE		105,182	0	0
BANK NEW YORK MELLON CORP	COM	064058100	5,425	113,351	SH		DFND	1	113,351	0	0
BANK NEW YORK MELLON CORP	COM	064058100	5,621	117,453	SH		DFND	2	117,453	0	0
BANK NEW YORK MELLON CORP	COM	064058100	52,392	1,094,694	SH		SOLE		1,094,694	0	0
BARCLAYS PLC	ADR	06738E204	14,877	1,435,981	SH		SOLE		1,435,981	0	0
BK OF AMERICA CORP	COM	060505104	9,547	244,848	SH		DFND	1	244,848	0	0
BK OF AMERICA CORP	COM	060505104	9,100	233,406	SH		DFND	2	233,406	0	0
BK OF AMERICA CORP	COM	060505104	94,212	2,416,306	SH		SOLE		2,416,306	0	0
BP PLC	SPONSORED ADR	055622104	24,207	972,961	SH		SOLE		972,961	0	0
CAL MAINE FOODS INC	COM NEW	128030202	295	7,554	SH		SOLE		7,554	0	0
CAMECO CORP	COM	13321L108	4,685	291,887	SH		DFND	1	291,887	0	0
CAMECO CORP	COM	13321L108	85,551	5,328,006	SH		SOLE		5,328,006	0	0
CARDINAL HEALTH INC	COM	14149Y108	8,943	143,594	SH		DFND	1	143,594	0	0
CARDINAL HEALTH INC	COM	14149Y108	5,732	92,035	SH		DFND	2	92,035	0	0
CARDINAL HEALTH INC	COM	14149Y108	58,334	936,641	SH		SOLE		936,641	0	0
CELESTICA INC	SUB VTG SHS	15101Q108	1,004	121,258	SH		DFND	1	121,258	0	0
CELESTICA INC	SUB VTG SHS	15101Q108	899	108,522	SH		SOLE		108,522	0	0
CEMEX SAB DE CV	SPON ADR NEW	151290889	10,071	1,400,743	SH		DFND	1	1,400,743	0	0
CEMEX SAB DE CV	SPON ADR NEW	151290889	42,509	5,912,215	SH		DFND	2	5,912,215	0	0
CEMEX SAB DE CV	SPON ADR NEW	151290889	183,792	25,562,203	SH		SOLE		25,562,203	0	0
CHANGE HEALTHCARE INC	COM	15912K100	7,330	329,128	SH		DFND	1	329,128	0	0
CHANGE HEALTHCARE INC	COM	15912K100	4,324	194,180	SH		DFND	2	194,180	0	0
CHANGE HEALTHCARE INC	COM	15912K100	40,629	1,824,374	SH		SOLE		1,824,374	0	0
CHESAPEAKE ENERGY CORP	*W EXP 99/99/999	165167164	2,718	141,108	SH		DFND	1	141,108	0	0
CHESAPEAKE ENERGY CORP	*W EXP 99/99/999	165167164	10,762	558,792	SH		SOLE		558,792	0	0
CHESAPEAKE ENERGY CORP	*W EXP 99/99/999	165167172	2,775	154,155	SH		DFND	1	154,155	0	0
CHESAPEAKE ENERGY CORP	*W EXP 99/99/999	165167172	10,845	602,502	SH		SOLE		602,502	0	0
CHESAPEAKE ENERGY CORP	*W EXP 03/01/202	165167180	850	50,762	SH		DFND	1	50,762	0	0
CHESAPEAKE ENERGY CORP	*W EXP 03/01/202	165167180	5,048	301,378	SH		SOLE		301,378	0	0
CHESAPEAKE ENERGY CORP	COM	165167735	6,015	139,434	SH		DFND	1	139,434	0	0
CHESAPEAKE ENERGY CORP	COM	165167735	23,346	541,159	SH		SOLE		541,159	0	0
CHEVRON CORP NEW	COM	166764100	1,839	17,357	SH		DFND	1	17,357	0	0
CHEVRON CORP NEW	COM	166764100	5,762	54,393	SH		DFND	2	54,393	0	0
CHEVRON CORP NEW	COM	166764100	40,323	380,656	SH		SOLE		380,656	0	0
CHINA YUCHAI INTL LTD	COM	G21082105	3,623	232,382	SH		DFND	1	232,382	0	0
CHINA YUCHAI INTL LTD	COM	G21082105	19,490	1,250,186	SH		SOLE		1,250,186	0	0
CIGNA CORP NEW	COM	125523100	5,954	24,223	SH		DFND	1	24,223	0	0
CIGNA CORP NEW	COM	125523100	6,318	25,705	SH		DFND	2	25,705	0	0
CIGNA CORP NEW	COM	125523100	55,674	226,503	SH		SOLE		226,503	0	0
CISCO SYS INC	COM	17275R102	844	16,305	SH		DFND	1	16,305	0	0
CISCO SYS INC	COM	17275R102	2,563	49,516	SH		DFND	2	49,516	0	0
CISCO SYS INC	COM	17275R102	2,637	50,928	SH		SOLE		50,928	0	0
CITIGROUP INC	COM NEW	172967424	15,286	209,513	SH		DFND	1	209,513	0	0
CITIGROUP INC	COM NEW	172967424	8,903	122,021	SH		DFND	2	122,021	0	0
CITIGROUP INC	COM NEW	172967424	95,474	1,308,575	SH		SOLE		1,308,575	0	0
CITIZENS FINANCIAL GROUP INC	COM	174610105	767	17,122	SH		DFND	1	17,122	0	0
CITIZENS FINANCIAL GROUP INC	COM	174610105	1,033	23,073	SH		SOLE		23,073	0	0
COCA-COLA FEMSA SAB DE CV	SPONSORD ADR REP	191241108	372	7,986	SH		DFND	1	7,986	0	0
COCA-COLA FEMSA SAB DE CV	SPONSORD ADR REP	191241108	18,536	398,204	SH		SOLE		398,204	0	0
COGNIZANT TECHNOLOGY SOLUTIO	CL A	192446102	838	10,665	SH		DFND	1	10,665	0	0
COGNIZANT TECHNOLOGY SOLUTIO	CL A	192446102	2,605	33,159	SH		DFND	2	33,159	0	0
COGNIZANT TECHNOLOGY SOLUTIO	CL A	192446102	1,883	23,964	SH		SOLE		23,964	0	0
COMCAST CORP NEW	CL A	20030N101	6,259	113,844	SH		DFND	1	113,844	0	0
COMCAST CORP NEW	CL A	20030N101	7,375	134,140	SH		DFND	2	134,140	0	0
COMCAST CORP NEW	CL A	20030N101	51,458	935,949	SH		SOLE		935,949	0	0
COPA HOLDINGS SA	CL A	P31076105	2,251	27,880	SH		DFND	1	27,880	0	0
COPA HOLDINGS SA	CL A	P31076105	26,332	326,097	SH		DFND	2	326,097	0	0
COPA HOLDINGS SA	CL A	P31076105	41,998	520,104	SH		SOLE		520,104	0	0
CORTEVA INC	COM	22052L104	4,732	100,807	SH		DFND	1	100,807	0	0
CORTEVA INC	COM	22052L104	5,491	116,985	SH		DFND	2	116,985	0	0
CORTEVA INC	COM	22052L104	49,443	1,053,324	SH		SOLE		1,053,324	0	0
CRAWFORD & CO	CL A	224633206	411	38,329	SH		SOLE		38,329	0	0
CREDIT SUISSE GROUP	SPONSORED ADR	225401108	73	6,623	SH		DFND	1	6,623	0	0
CREDIT SUISSE GROUP	SPONSORED ADR	225401108	23,540	2,141,903	SH		SOLE		2,141,903	0	0
CRH PLC	ADR	12626K203	17,172	366,926	SH		SOLE		366,926	0	0
CVS HEALTH CORP	COM	126650100	5,747	75,536	SH		DFND	1	75,536	0	0
CVS HEALTH CORP	COM	126650100	6,328	83,180	SH		DFND	2	83,180	0	0
CVS HEALTH CORP	COM	126650100	53,334	701,026	SH		SOLE		701,026	0	0
DRIL-QUIP INC	COM	262037104	1,306	39,659	SH		DFND	1	39,659	0	0
DRIL-QUIP INC	COM	262037104	3,322	100,908	SH		SOLE		100,908	0	0
EAGLE PHARMACEUTICALS INC	COM	269796108	4,493	109,426	SH		DFND	1	109,426	0	0
EAGLE PHARMACEUTICALS INC	COM	269796108	15,611	380,201	SH		SOLE		380,201	0	0
EDGEWELL PERS CARE CO	COM	28035Q102	12,265	305,104	SH		DFND	1	305,104	0	0
EDGEWELL PERS CARE CO	COM	28035Q102	43,692	1,086,856	SH		SOLE		1,086,856	0	0
EMBRAER S.A.	SPONSORED ADS	29082A107	15,319	1,538,013	SH		DFND	1	1,538,013	0	0
EMBRAER S.A.	SPONSORED ADS	29082A107	32,318	3,244,814	SH		DFND	2	3,244,814	0	0
EMBRAER S.A.	SPONSORED ADS	29082A107	196,395	19,718,356	SH		SOLE		19,718,356	0	0
EMERSON ELEC CO	COM	291011104	4,105	45,040	SH		DFND	1	45,040	0	0
EMERSON ELEC CO	COM	291011104	4,809	52,769	SH		DFND	2	52,769	0	0
EMERSON ELEC CO	COM	291011104	41,504	455,391	SH		SOLE		455,391	0	0
ENEL CHILE S.A.	SPONSORED ADR	29278D105	79	19,577	SH		DFND	1	19,577	0	0
ENEL CHILE S.A.	SPONSORED ADR	29278D105	25,593	6,382,366	SH		SOLE		6,382,366	0	0
ENI S P A	SPONSORED ADR	26874R108	72	2,937	SH		DFND	1	2,937	0	0
ENI S P A	SPONSORED ADR	26874R108	25,278	1,035,547	SH		SOLE		1,035,547	0	0
EQUITY COMWLTH	COM SH BEN INT	294628102	1,085	38,235	SH		DFND	1	38,235	0	0
EQUITY COMWLTH	COM SH BEN INT	294628102	2,250	79,293	SH		SOLE		79,293	0	0
EXFO INC	SUB VTG SHS	302046107	737	173,882	SH		DFND	1	173,882	0	0
F5 NETWORKS INC	COM	315616102	671	3,230	SH		DFND	1	3,230	0	0
F5 NETWORKS INC	COM	315616102	1,114	5,365	SH		SOLE		5,365	0	0
FEDEX CORP	COM	31428X106	4,977	17,406	SH		DFND	1	17,406	0	0
FEDEX CORP	COM	31428X106	6,230	21,789	SH		DFND	2	21,789	0	0
FEDEX CORP	COM	31428X106	46,061	161,096	SH		SOLE		161,096	0	0
FLEX LTD	ORD	Y2573F102	599	33,594	SH		DFND	1	33,594	0	0
FLEX LTD	ORD	Y2573F102	1,691	94,871	SH		DFND	2	94,871	0	0
FLEX LTD	ORD	Y2573F102	1,332	74,763	SH		SOLE		74,763	0	0
FOMENTO ECONOMICO MEXICANO S	SPON ADR UNITS	344419106	8,585	112,472	SH		DFND	1	112,472	0	0
FOMENTO ECONOMICO MEXICANO S	SPON ADR UNITS	344419106	8,960	117,391	SH		DFND	2	117,391	0	0
FOMENTO ECONOMICO MEXICANO S	SPON ADR UNITS	344419106	140,850	1,845,275	SH		SOLE		1,845,275	0	0
FOSTER L B CO	COM	350060109	307	17,235	SH		SOLE		17,235	0	0
FOX CORP	CL B COM	35137L204	723	20,185	SH		DFND	1	20,185	0	0
FOX CORP	CL B COM	35137L204	2,164	60,373	SH		DFND	2	60,373	0	0
FOX CORP	CL B COM	35137L204	1,484	41,394	SH		SOLE		41,394	0	0
GENERAL DYNAMICS CORP	COM	369550108	4,849	26,630	SH		DFND	1	26,630	0	0
GENERAL DYNAMICS CORP	COM	369550108	6,806	37,373	SH		DFND	2	37,373	0	0
GENERAL DYNAMICS CORP	COM	369550108	42,999	236,129	SH		SOLE		236,129	0	0
GILEAD SCIENCES INC	COM	375558103	294	4,490	SH		DFND	1	4,490	0	0
GILEAD SCIENCES INC	COM	375558103	1,061	16,192	SH		DFND	2	16,192	0	0
GILEAD SCIENCES INC	COM	375558103	671	10,242	SH		SOLE		10,242	0	0
GLAXOSMITHKLINE PLC	SPONSORED ADR	37733W105	18	504	SH		DFND	1	504	0	0
GLAXOSMITHKLINE PLC	SPONSORED ADR	37733W105	31,452	864,773	SH		SOLE		864,773	0	0
GRAHAM CORP	COM	384556106	587	40,693	SH		SOLE		40,693	0	0
GRAN TIERRA ENERGY INC	COM	38500T101	149	220,444	SH		DFND	1	220,444	0	0
GRIFOLS S A	SP ADR REP B NVT	398438408	25	1,514	SH		DFND	1	1,514	0	0
GRIFOLS S A	SP ADR REP B NVT	398438408	16,636	987,914	SH		SOLE		987,914	0	0
HALLIBURTON CO	COM	406216101	4,255	197,891	SH		DFND	1	197,891	0	0
HALLIBURTON CO	COM	406216101	3,288	152,931	SH		DFND	2	152,931	0	0
HALLIBURTON CO	COM	406216101	38,945	1,811,388	SH		SOLE		1,811,388	0	0
HARLEY DAVIDSON INC	COM	412822108	286	7,619	SH		SOLE		7,619	0	0
HCA HEALTHCARE INC	COM	40412C101	5,691	30,186	SH		DFND	1	30,186	0	0
HCA HEALTHCARE INC	COM	40412C101	6,809	36,112	SH		DFND	2	36,112	0	0
HCA HEALTHCARE INC	COM	40412C101	55,530	294,528	SH		SOLE		294,528	0	0
HDFC BANK LTD	SPONSORED ADS	40415F101	589	7,278	SH		SOLE		7,278	0	0
HELMERICH & PAYNE INC	COM	423452101	1,531	55,783	SH		DFND	1	55,783	0	0
HELMERICH & PAYNE INC	COM	423452101	1,438	52,373	SH		SOLE		52,373	0	0
HONDA MOTOR LTD	AMERN SHS	438128308	97	3,205	SH		DFND	1	3,205	0	0
HONDA MOTOR LTD	AMERN SHS	438128308	22,470	740,836	SH		SOLE		740,836	0	0
HOUSTON WIRE & CABLE CO	COM	44244K109	186	35,429	SH		SOLE		35,429	0	0
HURCO COMPANIES INC	COM	447324104	373	10,623	SH		SOLE		10,623	0	0
INDUSTRIAS BACHOCO SAB	SPON ADR B	456463108	478	12,111	SH		SOLE		12,111	0	0
INGLES MKTS INC	CL A	457030104	405	6,338	SH		SOLE		6,338	0	0
INGREDION INC	COM	457187102	3,422	37,118	SH		DFND	1	37,118	0	0
INGREDION INC	COM	457187102	4,974	53,959	SH		DFND	2	53,959	0	0
INGREDION INC	COM	457187102	34,057	369,417	SH		SOLE		369,417	0	0
INTERNATIONAL FLAVORS&FRAGRA	COM	459506101	244	1,745	SH		SOLE		1,745	0	0
INTERPUBLIC GROUP COS INC	COM	460690100	1,495	50,993	SH		DFND	1	50,993	0	0
INTERPUBLIC GROUP COS INC	COM	460690100	1,966	67,071	SH		SOLE		67,071	0	0
INVACARE CORP	COM	461203101	104	13,299	SH		SOLE		13,299	0	0
JOHNSON & JOHNSON	COM	478160104	1,801	10,916	SH		DFND	1	10,916	0	0
JOHNSON & JOHNSON	COM	478160104	3,944	23,902	SH		DFND	2	23,902	0	0
JOHNSON & JOHNSON	COM	478160104	5,448	33,018	SH		SOLE		33,018	0	0
JOHNSON CTLS INTL PLC	SHS	G51502105	884	14,555	SH		DFND	1	14,555	0	0
JOHNSON CTLS INTL PLC	SHS	G51502105	2,100	34,577	SH		DFND	2	34,577	0	0
JOHNSON CTLS INTL PLC	SHS	G51502105	1,763	29,030	SH		SOLE		29,030	0	0
JPMORGAN CHASE & CO	COM	46625H100	4,980	32,237	SH		DFND	1	32,237	0	0
JPMORGAN CHASE & CO	COM	46625H100	5,657	36,618	SH		DFND	2	36,618	0	0
JPMORGAN CHASE & CO	COM	46625H100	37,194	240,772	SH		SOLE		240,772	0	0
KELLY SVCS INC	CL A	488152208	285	12,849	SH		SOLE		12,849	0	0
LABORATORY CORP AMER HLDGS	COM NEW	50540R409	4,564	18,001	SH		DFND	1	18,001	0	0
LABORATORY CORP AMER HLDGS	COM NEW	50540R409	5,423	21,390	SH		DFND	2	21,390	0	0
LABORATORY CORP AMER HLDGS	COM NEW	50540R409	48,235	190,246	SH		SOLE		190,246	0	0
LENSAR INC	COM	52634L108	115	15,777	SH		SOLE		15,777	0	0
LIVANOVA PLC	SHS	G5509L101	1,248	16,976	SH		DFND	1	16,976	0	0
LIVANOVA PLC	SHS	G5509L101	1,791	24,351	SH		SOLE		24,351	0	0
LOEWS CORP	COM	540424108	725	13,756	SH		DFND	1	13,756	0	0
LOEWS CORP	COM	540424108	2,206	41,885	SH		DFND	2	41,885	0	0
LOEWS CORP	COM	540424108	1,459	27,697	SH		SOLE		27,697	0	0
MANULIFE FINL CORP	COM	56501R106	241	11,186	SH		DFND	1	11,186	0	0
MCKESSON CORP	COM	58155Q103	9,562	48,656	SH		DFND	1	48,656	0	0
MCKESSON CORP	COM	58155Q103	7,286	37,075	SH		DFND	2	37,075	0	0
MCKESSON CORP	COM	58155Q103	62,642	318,741	SH		SOLE		318,741	0	0
MEDNAX INC	COM	58502B106	1,056	41,530	SH		DFND	1	41,530	0	0
MEDNAX INC	COM	58502B106	1,912	75,180	SH		SOLE		75,180	0	0
MERCK & CO. INC	COM	58933Y105	7,145	92,844	SH		DFND	1	92,844	0	0
MERCK & CO. INC	COM	58933Y105	6,207	80,656	SH		DFND	2	80,656	0	0
MERCK & CO. INC	COM	58933Y105	63,647	827,018	SH		SOLE		827,018	0	0
MICRON TECHNOLOGY INC	COM	595112103	836	9,657	SH		DFND	1	9,657	0	0
MICRON TECHNOLOGY INC	COM	595112103	2,825	32,647	SH		DFND	2	32,647	0	0
MICRON TECHNOLOGY INC	COM	595112103	1,725	19,934	SH		SOLE		19,934	0	0
MICROSOFT CORP	COM	594918104	455	1,963	SH		DFND	1	1,963	0	0
MICROSOFT CORP	COM	594918104	1,078	4,650	SH		DFND	2	4,650	0	0
MICROSOFT CORP	COM	594918104	1,188	5,125	SH		SOLE		5,125	0	0
MID-AMER APT CMNTYS INC	COM	59522J103	694	4,710	SH		DFND	1	4,710	0	0
MID-AMER APT CMNTYS INC	COM	59522J103	2,586	17,553	SH		DFND	2	17,553	0	0
MID-AMER APT CMNTYS INC	COM	59522J103	1,887	12,810	SH		SOLE		12,810	0	0
MITSUBISHI UFJ FINL GROUP IN	SPONSORED ADS	606822104	20	3,653	SH		DFND	1	3,653	0	0
MITSUBISHI UFJ FINL GROUP IN	SPONSORED ADS	606822104	15,911	2,866,920	SH		SOLE		2,866,920	0	0
MOBILE TELESYSTEMS PJSC	SPONSORED ADR	607409109	10,592	1,288,550	SH		SOLE		1,288,550	0	0
MOHAWK INDS INC	COM	608190104	7,546	38,691	SH		DFND	1	38,691	0	0
MOHAWK INDS INC	COM	608190104	6,621	33,950	SH		DFND	2	33,950	0	0
MOHAWK INDS INC	COM	608190104	53,345	273,521	SH		SOLE		273,521	0	0
MOVADO GROUP INC	COM	624580106	279	9,951	SH		SOLE		9,951	0	0
NATIONAL BANKSHARES INC VA	COM	634865109	369	10,263	SH		SOLE		10,263	0	0
NATIONAL PRESTO INDS INC	COM	637215104	710	6,967	SH		SOLE		6,967	0	0
NATIONAL WESTN LIFE GROUP IN	CL A	638517102	2,475	9,818	SH		DFND	1	9,818	0	0
NATIONAL WESTN LIFE GROUP IN	CL A	638517102	9,031	35,825	SH		SOLE		35,825	0	0
NETGEAR INC	COM	64111Q104	8,291	205,385	SH		DFND	1	205,385	0	0
NETGEAR INC	COM	64111Q104	26,276	650,868	SH		SOLE		650,868	0	0
NOKIA CORP	SPONSORED ADR	654902204	5	1,167	SH		DFND	1	1,167	0	0
NOKIA CORP	SPONSORED ADR	654902204	3,732	935,364	SH		SOLE		935,364	0	0
NOVARTIS AG	SPONSORED ADR	66987V109	22	251	SH		DFND	1	251	0	0
NOVARTIS AG	SPONSORED ADR	66987V109	19,016	218,519	SH		SOLE		218,519	0	0
OLD REP INTL CORP	COM	680223104	4,728	212,397	SH		DFND	1	212,397	0	0
OLD REP INTL CORP	COM	680223104	5,771	259,274	SH		DFND	2	259,274	0	0
OLD REP INTL CORP	COM	680223104	37,882	1,701,782	SH		SOLE		1,701,782	0	0
OMNICOM GROUP INC	COM	681919106	1,557	20,637	SH		DFND	1	20,637	0	0
OMNICOM GROUP INC	COM	681919106	4,884	64,736	SH		DFND	2	64,736	0	0
OMNICOM GROUP INC	COM	681919106	3,330	44,133	SH		SOLE		44,133	0	0
ONEMAIN HLDGS INC	COM	68268W103	3,428	63,315	SH		DFND	1	63,315	0	0
ONEMAIN HLDGS INC	COM	68268W103	3,082	56,934	SH		DFND	2	56,934	0	0
ONEMAIN HLDGS INC	COM	68268W103	33,785	624,032	SH		SOLE		624,032	0	0
ORACLE CORP	COM	68389X105	1,116	15,818	SH		DFND	1	15,818	0	0
ORACLE CORP	COM	68389X105	3,358	47,591	SH		DFND	2	47,591	0	0
ORACLE CORP	COM	68389X105	2,425	34,370	SH		SOLE		34,370	0	0
ORANGE	SPONSORED ADR	684060106	11,630	933,370	SH		SOLE		933,370	0	0
ORION GROUP HLDGS INC	COM	68628V308	104	17,380	SH		DFND	1	17,380	0	0
ORION GROUP HLDGS INC	COM	68628V308	783	131,169	SH		SOLE		131,169	0	0
PARK AEROSPACE CORP	COM	70014A104	1,459	108,795	SH		DFND	1	108,795	0	0
PARK AEROSPACE CORP	COM	70014A104	7,712	575,081	SH		SOLE		575,081	0	0
PEPSICO INC	COM	713448108	465	3,259	SH		DFND	1	3,259	0	0
PEPSICO INC	COM	713448108	1,111	7,791	SH		DFND	2	7,791	0	0
PEPSICO INC	COM	713448108	1,104	7,743	SH		SOLE		7,743	0	0
PETROCHINA CO LTD	SPONSORED ADR	71646E100	1,306	35,471	SH		SOLE		35,471	0	0
PETROLEO BRASILEIRO SA PETRO	SP ADR NON VTG	71654V101	17	2,038	SH		DFND	1	2,038	0	0
PETROLEO BRASILEIRO SA PETRO	SP ADR NON VTG	71654V101	15,429	1,870,189	SH		SOLE		1,870,189	0	0
PFIZER INC	COM	717081103	5,348	148,101	SH		DFND	1	148,101	0	0
PFIZER INC	COM	717081103	5,598	155,029	SH		DFND	2	155,029	0	0
PFIZER INC	COM	717081103	56,324	1,559,780	SH		SOLE		1,559,780	0	0
PHIBRO ANIMAL HEALTH CORP	CL A COM	71742Q106	958	39,054	SH		SOLE		39,054	0	0
PNC FINL SVCS GROUP INC	COM	693475105	2,469	13,898	SH		DFND	1	13,898	0	0
PNC FINL SVCS GROUP INC	COM	693475105	3,171	17,851	SH		DFND	2	17,851	0	0
PNC FINL SVCS GROUP INC	COM	693475105	38,442	216,431	SH		SOLE		216,431	0	0
POSCO	SPONSORED ADR	693483109	13	187	SH		DFND	1	187	0	0
POSCO	SPONSORED ADR	693483109	14,681	205,706	SH		SOLE		205,706	0	0
PREMIER INC	CL A	74051N102	479	14,109	SH		DFND	1	14,109	0	0
PREMIER INC	CL A	74051N102	832	24,480	SH		SOLE		24,480	0	0
PRESTIGE CONSMR HEALTHCARE I	COM	74112D101	794	18,164	SH		SOLE		18,164	0	0
QUEST DIAGNOSTICS INC	COM	74834L100	704	5,479	SH		DFND	1	5,479	0	0
QUEST DIAGNOSTICS INC	COM	74834L100	244	1,901	SH		SOLE		1,901	0	0
RAYTHEON TECHNOLOGIES CORP	COM	755111507	905	11,630	SH		SOLE		11,630	0	0
RESOURCES CONNECTION INC	COM	76122Q105	462	34,152	SH		SOLE		34,152	0	0
ROGERS COMMUNICATIONS INC	CL B	775109200	514	10,897	SH		DFND	1	10,897	0	0
ROYAL DUTCH SHELL PLC	SPON ADR B	780259107	2,465	65,412	SH		DFND	1	65,412	0	0
ROYAL DUTCH SHELL PLC	SPON ADR B	780259107	802	21,291	SH		DFND	2	21,291	0	0
ROYAL DUTCH SHELL PLC	SPON ADR B	780259107	12,045	319,593	SH		SOLE		319,593	0	0
SANDERSON FARMS INC	COM	800013104	327	2,101	SH		SOLE		2,101	0	0
SANOFI	SPONSORED ADR	80105N105	148	3,013	SH		DFND	1	3,013	0	0
SANOFI	SPONSORED ADR	80105N105	36,296	739,077	SH		SOLE		739,077	0	0
SCHOLASTIC CORP	COM	807066105	642	21,349	SH		SOLE		21,349	0	0
SENDAS DISTRIBUIDORA S A	SPON ADS	81689T104	1,922	151,343	SH		SOLE		151,343	0	0
SHINHAN FINANCIAL GROUP CO L	SPN ADR RESTRD	824596100	10	307	SH		DFND	1	307	0	0
SHINHAN FINANCIAL GROUP CO L	SPN ADR RESTRD	824596100	10,760	328,753	SH		SOLE		328,753	0	0
SIERRA WIRELESS INC	COM	826516106	6,919	474,222	SH		DFND	1	474,222	0	0
SIERRA WIRELESS INC	COM	826516106	31,030	2,121,972	SH		SOLE		2,121,972	0	0
SKECHERS U S A INC	CL A	830566105	285	6,636	SH		SOLE		6,636	0	0
STATE STR CORP	COM	857477103	8,270	95,814	SH		DFND	1	95,814	0	0
STATE STR CORP	COM	857477103	4,976	57,658	SH		DFND	2	57,658	0	0
STATE STR CORP	COM	857477103	48,869	566,199	SH		SOLE		566,199	0	0
TAIWAN SEMICONDUCTOR MFG LTD	SPONSORED ADS	874039100	3,889	33,801	SH		SOLE		33,801	0	0
TAKEDA PHARMACEUTICAL CO LTD	SPONSORED ADS	874060205	43	2,367	SH		DFND	1	2,367	0	0
TAKEDA PHARMACEUTICAL CO LTD	SPONSORED ADS	874060205	32,268	1,758,481	SH		SOLE		1,758,481	0	0
TARO PHARMACEUTICAL INDS LTD	SHS	M8737E108	6,498	86,866	SH		DFND	1	86,866	0	0
TARO PHARMACEUTICAL INDS LTD	SHS	M8737E108	23,835	318,608	SH		SOLE		318,608	0	0
TAYLOR MORRISON HOME CORP	COM	87724P106	3,848	123,754	SH		DFND	1	123,754	0	0
TAYLOR MORRISON HOME CORP	COM	87724P106	3,672	118,115	SH		DFND	2	118,115	0	0
TAYLOR MORRISON HOME CORP	COM	87724P106	14,425	463,987	SH		SOLE		463,987	0	0
TELEFONICA BRASIL SA	NEW ADR	87936R205	1,002	126,068	SH		DFND	1	126,068	0	0
TELEFONICA BRASIL SA	NEW ADR	87936R205	28,964	3,643,230	SH		SOLE		3,643,230	0	0
TERRITORIAL BANCORP INC	COM	88145X108	229	8,484	SH		SOLE		8,484	0	0
TEXTRON INC	COM	883203101	6,275	113,493	SH		DFND	1	113,493	0	0
TEXTRON INC	COM	883203101	49,883	902,209	SH		SOLE		902,209	0	0
TIM S A	SPONSORED ADR	88706T108	1,444	129,780	SH		SOLE		129,780	0	0
TOTAL SE	SPONSORED ADS	89151E109	101	2,148	SH		DFND	1	2,148	0	0
TOTAL SE	SPONSORED ADS	89151E109	25,798	547,969	SH		SOLE		547,969	0	0
TOYOTA MOTOR CORP	SP ADR REP2COM	892331307	57	370	SH		DFND	1	370	0	0
TOYOTA MOTOR CORP	SP ADR REP2COM	892331307	6,191	40,238	SH		SOLE		40,238	0	0
TRIPLE-S MGMT CORP	CL B	896749108	1,631	63,200	SH		DFND	1	63,200	0	0
TRIPLE-S MGMT CORP	CL B	896749108	1,332	51,623	SH		SOLE		51,623	0	0
TRUIST FINL CORP	COM	89832Q109	4,845	82,419	SH		DFND	1	82,419	0	0
TRUIST FINL CORP	COM	89832Q109	5,778	98,293	SH		DFND	2	98,293	0	0
TRUIST FINL CORP	COM	89832Q109	37,387	636,050	SH		SOLE		636,050	0	0
UBS GROUP AG	SHS	H42097107	12,503	804,328	SH		DFND	1	804,328	0	0
UBS GROUP AG	SHS	H42097107	10,895	700,946	SH		DFND	2	700,946	0	0
UBS GROUP AG	SHS	H42097107	247,839	15,936,249	SH		SOLE		15,936,249	0	0
UNITED THERAPEUTICS CORP DEL	COM	91307C102	988	5,970	SH		DFND	1	5,970	0	0
UNITED THERAPEUTICS CORP DEL	COM	91307C102	2,055	12,419	SH		SOLE		12,419	0	0
UTAH MED PRODS INC	COM	917488108	465	5,362	SH		SOLE		5,362	0	0
VAREX IMAGING CORP	COM	92214X106	392	18,869	SH		SOLE		18,869	0	0
WELLS FARGO CO NEW	COM	949746101	10,880	276,219	SH		DFND	1	276,219	0	0
WELLS FARGO CO NEW	COM	949746101	6,689	169,823	SH		DFND	2	169,823	0	0
WELLS FARGO CO NEW	COM	949746101	91,112	2,313,079	SH		SOLE		2,313,079	0	0
WESTLAKE CHEM CORP	COM	960413102	873	9,659	SH		DFND	1	9,659	0	0
WESTLAKE CHEM CORP	COM	960413102	2,386	26,403	SH		DFND	2	26,403	0	0
WESTLAKE CHEM CORP	COM	960413102	1,579	17,469	SH		SOLE		17,469	0	0
WHITE MTNS INS GROUP LTD	COM	G9618E107	604	541	SH		DFND	1	541	0	0
WHITE MTNS INS GROUP LTD	COM	G9618E107	156	140	SH		SOLE		140	0	0
WORLD FUEL SVCS CORP	COM	981475106	1,432	40,188	SH		DFND	1	40,188	0	0
WORLD FUEL SVCS CORP	COM	981475106	5,177	145,300	SH		DFND	2	145,300	0	0
WORLD FUEL SVCS CORP	COM	981475106	3,968	111,370	SH		SOLE		111,370	0	0
WPP PLC NEW	ADR	92937A102	28,586	440,057	SH		SOLE		440,057	0	0
YPF SOCIEDAD ANONIMA	SPON ADR CL D	984245100	1,405	341,020	SH		DFND	1	341,020	0	0
YPF SOCIEDAD ANONIMA	SPON ADR CL D	984245100	9,195	2,231,782	SH		DFND	2	2,231,782	0	0
YPF SOCIEDAD ANONIMA	SPON ADR CL D	984245100	20,137	4,887,672	SH		SOLE		4,887,672	0	0
ZTO EXPRESS CAYMAN INC	SPONSORED ADS A	98980A105	2,801	98,684	SH		DFND	1	98,684	0	0
ZTO EXPRESS CAYMAN INC	SPONSORED ADS A	98980A105	8,111	285,792	SH		DFND	2	285,792	0	0
ZTO EXPRESS CAYMAN INC	SPONSORED ADS A	98980A105	47,749	1,682,492	SH		SOLE		1,682,492	0	0