13F-HR 1 v157916_13fhr.txt UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 13F Form 13F COVER PAGE Report for the Calendar Year or Quarter Ended: June 30, 2009 ----------------- Check here if Amendment |_|; Amendment Number: __ This Amendment (Check only one.): |_| is a restatement. |_| adds new holding entries. Institutional Investment Manager Filing this Report: Name: Brandes Investment Partners, L.P. -------------------------------------------------------------------- Address: 11988 El Camino Real, Suite 500 -------------------------------------------------------------------- San Diego, CA 92130 -------------------------------------------------------------------- Form 13F File Number: 28-5620 -------------------- The institutional investment manager filing this report and the person by whom it is signed hereby represent that the person signing the report is authorized to submit it, that all information contained herein is true, correct and complete, and that it is understood that all required items, statements, schedules, lists and tables, are considered integral parts of this form. Person Signing this Report on Behalf of Reporting Manager: Name: Adelaide Pund -------------------------------------------------------------------- Title: Head of Compliance -------------------------------------------------------------------- Phone: (858) 755-0239 -------------------------------------------------------------------- Signature, Place, and Date of Signing: /s/ Adelaide Pund San Diego, CA 8/14/09 --------------------------------- ------------------------ ------------- [Signature] [City, State] [Date] Report type (Check only one.): |X| 13F HOLDINGS REPORT. (Check here if all holdings of this reporting manager are reported in this report.) |_| 13F NOTICE. (Check here if no holdings reported are in this report, and all holdings are reported by other reporting manager (s).) |_| 13F COMBINATION REPORT. (Check here if a portion of the holdings for this reporting manager are reported in this report and a portion are reported by other reporting manager(s).) Report Summary: Number of Other Included Managers: 0 ------------------------------ Form 13F Information Table Entry Total: 231 ------------------------------ Form 13F Information Table Value Total: $ 18,327,992 ------------------------------ (thousands) 13F Holdings Reporting Manager: Brandes Investment Partners Position As of Date: 6/30/2009

COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8 NAME OF ISSUER TITLE CUSIP VALUE SHRS OR SH/ PR/ INVESTMENT OTHER VOTING AUTHORITY OF CLASS (x$1000) PRN AMT PRN CALL DISCRETION MANAGERS SOLE SHARED NONE ----------------------------------------------------------------------------------------------------------------------------------- AT&T INC COM 00206R102 $351,043 14,132,174 SH Sole 14,132,174 ADMINISTRADORA FONDOS PENSIO SPONSORED ADR 00709P108 $1,179 45,540 SH Sole 45,540 ADVANTEST CORP SPON ADR NEW 00762U200 $2,526 138,039 SH Sole 138,039 AEGON NV NY REGISTRY SH 007924103 $154,406 25,065,986 SH Sole 25,065,986 ALCATEL-LUCENT SPONSORED ADR 013904305 $181,853 73,327,853 SH Sole 73,327,853 ALLIANCEBERNSTEIN HOLDING LP UNIT LTD PARTN 01881G106 $483 24,045 SH Sole 24,045 AMERICAN ELEC PWR INC COM 025537101 $8,641 299,087 SH Sole 299,087 AMERICAN EXPRESS CO COM 025816109 $99,346 4,274,772 SH Sole 4,274,772 AMERICAN GREETINGS CORP CL A 026375105 $1,999 171,117 SH Sole 171,117 ARLINGTON ASSET INVT CORP COM 041356106 $1,386 3,648,450 SH Sole 3,648,450 ARVINMERITOR INC COM 043353101 $3,304 752,588 SH Sole 752,588 ASHLAND INC NEW COM 044209104 $5,160 183,955 SH Sole 183,955 ASTRAZENECA PLC SPONSORED ADR 046353108 $335,688 7,605,064 SH Sole 7,605,064 AVIS BUDGET GROUP COM 053774105 $2,656 470,030 SH Sole 470,030 BB&T CORP COM 054937107 $97,390 4,430,852 SH Sole 4,430,852 BP PLC SPONSORED ADR 055622104 $5,633 118,140 SH Sole 118,140 BANK OF AMERICA CORPORATION COM 060505104 $235,267 17,823,272 SH Sole 17,823,272 BANK MONTREAL QUE COM 063671101 $1,256 29,800 SH Sole 29,800 BANKATLANTIC BANCORP CL A NEW 065908600 $274 71,014 SH Sole 71,014 BARCLAYS PLC ADR 06738E204 $75,477 4,093,086 SH Sole 4,093,086 BIOVAIL CORP COM 09067J109 $18,150 1,349,421 SH Sole 1,349,421 BIOVAIL CORP COM 09067J109 $1,525 113,480 SH Sole 113,480 BLACK & DECKER CORP COM 091797100 $11,504 401,387 SH Sole 401,387 BORGWARNER INC COM 099724106 $3,448 100,960 SH Sole 100,960 BOSTON SCIENTIFIC CORP COM 101137107 $386,093 38,076,279 SH Sole 38,076,279 BRASIL TELECOM PARTICIPACOES SPON ADR PFD 105530109 $151,370 3,941,918 SH Sole 3,941,918 BRASKEM SA SP ADR PFD A 105532105 $7,113 966,473 SH Sole 966,473 BRIGGS & STRATTON CORP COM 109043109 $9,267 694,665 SH Sole 694,665 BRISTOL MYERS SQUIBB CO COM 110122108 $371,329 18,283,053 SH Sole 18,283,053 BRITISH SKY BROADCASTING GRO SPONSORED ADR 111013108 $69,591 2,318,150 SH Sole 2,318,150 BRUNSWICK CORP COM 117043109 $4,674 1,081,976 SH Sole 1,081,976 CIT GROUP INC COM 125581108 $51,428 23,919,838 SH Sole 23,919,838 CANON INC ADR 138006309 $163,540 5,027,358 SH Sole 5,027,358 CATERPILLAR INC COM 149123101 $7,447 225,400 SH Sole 225,400 CELESTICA INC SUB VTG SHS 15101Q108 $2,786 408,440 SH Sole 408,440 CELESTICA INC SUB VTG SHS 15101Q108 $2,019 297,900 SH Sole 297,900 CEMEX SAB DE CV SPON ADR NEW 151290889 $50,366 5,392,511 SH Sole 5,392,511 CENTEX CORP COM 152312104 $7,260 858,204 SH Sole 858,204 CENTRAIS ELETRICAS BRASILEIR SPONSORED ADR 15234Q207 $606,761 41,615,998 SH Sole 41,615,998 CINCINNATI BELL INC NEW COM 171871106 $1,487 523,612 SH Sole 523,612 CISCO SYS INC COM 17275R102 $178,268 9,558,620 SH Sole 9,558,620 CITIGROUP INC COM 172967101 $351 118,033 SH Sole 118,033 COACHMEN INDS INC COM 189873102 $452 345,144 SH Sole 345,144 COLE KENNETH PRODTNS INC CL A 193294105 $3,591 510,867 SH Sole 510,867 COMPANHIA DE SANEAMENTO BASI SPONSORED ADR 20441A102 $5,796 193,265 SH Sole 193,265 COMPANHIA PARANAENSE ENE SPON ADR PFD 20441B407 $984 69,610 SH Sole 69,610 COOPER TIRE & RUBR CO COM 216831107 $4,662 470,003 SH Sole 470,003 COTT CORP QUE COM 22163N106 $938 166,265 SH Sole 166,265 CYMER INC. COM 232572107 $953 32,067 SH Sole 32,067 CYNOSURE INC CL A 232577205 $354 46,260 SH Sole 46,260 D R HORTON INC COM 23331A109 $5,154 550,644 SH Sole 550,644 DELL INC COM 24702R101 $437,639 31,874,660 SH Sole 31,874,660 DEUTSCHE TELEKOM AG SPONSORED ADR 251566105 $344,349 29,182,132 SH Sole 29,182,132 DILLARDS INC CL A 254067101 $15,344 1,667,776 SH Sole 1,667,776 DISCOVER FINL SVCS COM 254709108 $968 94,210 SH Sole 94,210 DOW CHEM CO COM 260543103 $386,630 23,954,768 SH Sole 23,954,768 DU PONT E I DE NEMOURS & CO COM 263534109 $141,468 5,521,789 SH Sole 5,521,789 DYNEGY INC DEL CL A 26817G102 $620 273,155 SH Sole 273,155 ENI S P A SPONSORED ADR 26874R108 $44,708 943,004 SH Sole 943,004 EASTMAN KODAK CO COM 277461109 $16,420 5,547,314 SH Sole 5,547,314 EBAY INC COM 278642103 $149,220 8,711,013 SH Sole 8,711,013 EDISON INTL COM 281020107 $8,952 284,566 SH Sole 284,566 ELECTRONICS FOR IMAGING INC COM 286082102 $1,058 99,225 SH Sole 99,225 EMBRAER-EMPRESA BRASILEIRA D SP ADR COM SHS 29081M102 $16,638 1,004,735 SH Sole 1,004,735 ERICSSON L M TEL CO ADR B SEK 10 294821608 $243,216 24,868,678 SH Sole 24,868,678 ETHAN ALLEN INTERIORS INC COM 297602104 $266 25,685 SH Sole 25,685 FEDEX CORP COM 31428X106 $2,254 40,527 SH Sole 40,527 FIFTH THIRD BANCORP COM 316773100 $154,356 21,740,328 SH Sole 21,740,328 FINISAR COM 31787A101 $771 1,352,090 SH Sole 1,352,090 FIRST AMERN CORP CALIF COM 318522307 $5,412 208,895 SH Sole 208,895 FORD MTR CO DEL COM PAR $0.01 345370860 $755 124,339 SH Sole 124,339 FORTUNE BRANDS INC COM 349631101 $2,335 67,210 SH Sole 67,210 FRANCE TELECOM SPONSORED ADR 35177Q105 $237,810 10,425,699 SH Sole 10,425,699 FUJIFILM HLDGS CORP ADR 2 ORD 35958N107 $202,371 6,383,959 SH Sole 6,383,959 GALLAGHER ARTHUR J & CO COM 363576109 $5,617 263,235 SH Sole 263,235 GANNETT INC COM 364730101 $72,197 20,223,135 SH Sole 20,223,135 GENERAL ELECTRIC CO COM 369604103 $200,671 17,122,132 SH Sole 17,122,132 GLAXOSMITHKLINE PLC SPONSORED ADR 37733W105 $271,728 7,688,971 SH Sole 7,688,971 GOODYEAR TIRE & RUBR CO COM 382550101 $5,469 485,684 SH Sole 485,684 GRUPO TELEVISA SA DE CV SP ADR REP ORD 40049J206 $2,704 159,068 SH Sole 159,068 HSBC HLDGS PLC SPON ADR NEW 404280406 $168,664 4,037,924 SH Sole 4,037,924 HARMAN INTL INDS INC COM 413086109 $1,174 62,435 SH Sole 62,435 HEALTH MGMT ASSOC INC NEW CL A 421933102 $5,333 1,079,577 SH Sole 1,079,577 HEWLETT PACKARD CO COM 428236103 $8,920 230,787 SH Sole 230,787 HITACHI LIMITED ADR 10 COM 433578507 $68,892 2,224,475 SH Sole 2,224,475 HOME BANCORP INC COM 43689E107 $228 19,082 SH Sole 19,082 HOME DEPOT INC COM 437076102 $432,419 18,299,557 SH Sole 18,299,557 HONDA MOTOR LTD AMERN SHS 438128308 $30,813 1,125,777 SH Sole 1,125,777 HUNTSMAN CORP COM 447011107 $2,744 545,525 SH Sole 545,525 INFINEON TECHNOLOGIES AG SPONSORED ADR 45662N103 $37,220 10,320,253 SH Sole 10,320,253 INTEL CORP COM 458140100 $457,242 27,627,914 SH Sole 27,627,914 INTERNATIONAL FLAVORS&FRAGRA COM 459506101 $14,915 455,828 SH Sole 455,828 INTL PAPER CO COM 460146103 $3,626 239,655 SH Sole 239,655 INTERTAPE POLYMER GROUP INC COM 460919103 $1,071 1,190,492 SH Sole 1,190,492 INTERTAPE POLYMER GROUP INC COM 460919103 $2,583 2,859,982 SH Sole 2,859,982 JAKKS PAC INC COM 47012E106 $2,250 175,380 SH Sole 175,380 JONES LANG LASALLE INC COM 48020Q107 $469 14,335 SH Sole 14,335 KT CORP SPONSORED ADR 48268K101 $168,670 11,745,851 SH Sole 11,745,851 KB HOME COM 48666K109 $3,856 281,875 SH Sole 281,875 KELLY SVCS INC CL A 488152208 $808 73,762 SH Sole 73,762 KEYCORP NEW COM 493267108 $54,637 10,426,880 SH Sole 10,426,880 KING PHARMACEUTICALS INC COM 495582108 $8,558 888,662 SH Sole 888,662 KINGSWAY FINL SVCS INC COM 496904103 $2,739 951,120 SH Sole 951,120 KINGSWAY FINL SVCS INC COM 496904103 $994 347,070 SH Sole 347,070 KOREA ELECTRIC PWR SPONSORED ADR 500631106 $221,013 19,218,551 SH Sole 19,218,551 KROGER CO COM 501044101 $11,530 522,894 SH Sole 522,894 LSI CORPORATION COM 502161102 $4,153 910,851 SH Sole 910,851 LAM RESEARCH CORP COM 512807108 $1,411 54,275 SH Sole 54,275 LENNAR CORP CL A 526057104 $7,601 784,435 SH Sole 784,435 LENNAR CORP CL B 526057302 $2,254 296,530 SH Sole 296,530 LILLY ELI & CO COM 532457108 $22,506 649,703 SH Sole 649,703 LOUISIANA PAC CORP COM 546347105 $323 94,395 SH Sole 94,395 LOWES COS INC COM 548661107 $10,081 519,396 SH Sole 519,396 MI DEVS INC CL A SUB VTG 55304X104 $5,858 771,864 SH Sole 771,864 MAGNA INTL INC CL A 559222401 $62,683 1,483,970 SH Sole 1,483,970 MAGNA INTL INC CL A 559222401 $2,220 52,300 SH Sole 52,300 MAGYAR TELEKOM TELECOMMUNS P SPONSORED ADR 559776109 $7,814 523,710 SH Sole 523,710 MAKITA CORP ADR NEW 560877300 $866 35,875 SH Sole 35,875 MARATHON OIL CORP COM 565849106 $2,930 97,255 SH Sole 97,255 MARSH & MCLENNAN COS INC COM 571748102 $18,044 896,379 SH Sole 896,379 MARSHALL & ILSLEY CORP NEW COM 571837103 $420 87,600 SH Sole 87,600 MASCO CORP COM 574599106 $108,578 11,333,833 SH Sole 11,333,833 MERCK & CO INC COM 589331107 $36,546 1,307,098 SH Sole 1,307,098 MICROSOFT CORP COM 594918104 $507,800 21,363,055 SH Sole 21,363,055 MICRON TECHNOLOGY INC COM 595112103 $243,010 48,025,689 SH Sole 48,025,689 MITSUBISHI UFJ FINL GROUP IN SPONSORED ADR 606822104 $224,878 36,625,119 SH Sole 36,625,119 MIZUHO FINL GROUP INC SPONSORED ADR 60687Y109 $165,656 35,934,097 SH Sole 35,934,097 MOTOROLA INC COM 620076109 $347,053 52,345,925 SH Sole 52,345,925 MOVADO GROUP INC COM 624580106 $338 32,095 SH Sole 32,095 NACCO INDS INC CL A 629579103 $415 14,435 SH Sole 14,435 NATUZZI S P A ADR 63905A101 $3,724 1,960,168 SH Sole 1,960,168 NEWS CORP CL A 65248E104 $11,841 1,299,801 SH Sole 1,299,801 NIPPON TELEG & TEL CORP SPONSORED ADR 654624105 $326,844 16,061,139 SH Sole 16,061,139 NISSAN MOTORS SPONSORED ADR 654744408 $82,457 6,825,876 SH Sole 6,825,876 NOKIA CORP SPONSORED ADR 654902204 $227,047 15,572,525 SH Sole 15,572,525 NV ENERGY INC COM 67073Y106 $2,487 230,494 SH Sole 230,494 OFFICEMAX INC DEL COM 67622P101 $554 88,250 SH Sole 88,250 OLD REP INTL CORP COM 680223104 $14,251 1,446,771 SH Sole 1,446,771 PNC FINL SVCS GROUP INC COM 693475105 $210,893 5,433,979 SH Sole 5,433,979 PACIFIC SUNWEAR CALIF INC COM 694873100 $217 64,120 SH Sole 64,120 PALOMAR MED TECHNOLOGIES INC COM NEW 697529303 $1,425 96,725 SH Sole 96,725 PARTNER COMMUNICATIONS COM 70211M109 $2,049 119,920 SH Sole 119,920 PENNEY J C INC COM 708160106 $6,407 223,150 SH Sole 223,150 PFIZER INC COM 717081103 $521,181 34,745,390 SH Sole 34,745,390 PLANTRONICS INC NEW COM 727493108 $1,067 56,420 SH Sole 56,420 POPULAR INC COM 733174106 $337 153,370 SH Sole 153,370 PORTUGAL TELECOM SGPS S A SPONSORED ADR 737273102 $249,529 25,540,284 SH Sole 25,540,284 PULTE HOMES INC COM 745867101 $8,427 954,401 SH Sole 954,401 QLT INC COM 746927102 $2,393 1,128,895 SH Sole 1,128,895 QLT INC COM 746927102 $1,241 579,520 SH Sole 579,520 QUIKSILVER INC COM 74838C106 $1,349 729,150 SH Sole 729,150 REGIONS FINANCIAL CORP NEW COM 7591EP100 $40,126 9,932,084 SH Sole 9,932,084 RENT A CTR INC NEW COM 76009N100 $299 16,785 SH Sole 16,785 REPSOL YPF S A SPONSORED ADR 76026T205 $439 19,620 SH Sole 19,620 ROYAL BK SCOTLAND GROUP PLC SP ADR REP SHS 780097689 $24,505 1,918,966 SH Sole 1,918,966 RYLAND GROUP INC COM 783764103 $507 30,225 SH Sole 30,225 SK TELECOM LTD SPONSORED ADR 78440P108 $313,916 20,720,559 SH Sole 20,720,559 SLM CORP COM 78442P106 $1,022 99,485 SH Sole 99,485 SAFEWAY INC COM NEW 786514208 $380,761 18,692,239 SH Sole 18,692,239 SAIA INC COM 78709Y105 $730 40,558 SH Sole 40,558 SANMINA SCI CORP COM 800907107 $7,619 17,391,731 SH Sole 17,391,731 SANOFI AVENTIS SPONSORED ADR 80105N105 $331,082 11,226,916 SH Sole 11,226,916 SARA LEE CORP COM 803111103 $324,332 33,230,734 SH Sole 33,230,734 SCHERING PLOUGH CORP COM 806605101 $223,542 8,898,955 SH Sole 8,898,955 SHOE CARNIVAL INC COM 824889109 $230 19,245 SH Sole 19,245 SIERRA WIRELESS INC COM 826516106 $1,119 195,600 SH Sole 195,600 SKYLINE CORP COM 830830105 $598 27,494 SH Sole 27,494 SONY CORP ADR NEW 835699307 $148,196 5,730,688 SH Sole 5,730,688 SOTHEBYS COM 835898107 $948 67,220 SH Sole 67,220 SPARTECH CORP COM NEW 847220209 $4,221 459,315 SH Sole 459,315 STEWART INFORMATION SVCS COR COM 860372101 $578 40,595 SH Sole 40,595 STMICROELECTRONICS N V NY REGISTRY 861012102 $162,407 21,625,496 SH Sole 21,625,496 SUN MICROSYSTEMS INC COM NEW 866810203 $1,753 190,152 SH Sole 190,152 SUNTRUST BKS INC COM 867914103 $46,006 2,796,738 SH Sole 2,796,738 SUPERIOR INDS INTL INC COM 868168105 $572 40,569 SH Sole 40,569 SUPERVALU INC COM 868536103 $92,554 7,147,031 SH Sole 7,147,031 TDK CORP AMERN DEP SH 872351408 $69,230 1,469,711 SH Sole 1,469,711 TECUMSEH PRODS CO CL B 878895101 $399 37,213 SH Sole 37,213 TECUMSEH PRODS CO CL A 878895200 $2,538 261,347 SH Sole 261,347 TELE NORTE LESTE PART S A SPON ADR PFD 879246106 $267,461 17,986,615 SH Sole 17,986,615 TELECOM ARGENTINA S A SPON ADR REP B 879273209 $82,844 6,457,053 SH Sole 6,457,053 TELECOM CORP NEW ZEALAND LTD SPONSORED ADR 879278208 $47,246 5,424,292 SH Sole 5,424,292 TELECOM ITALIA S P A NEW SPON ADR ORD 87927Y102 $331,174 24,067,863 SH Sole 24,067,863 TELECOMUNICACOES BRASILEIRAS SPONSORED ADR 879287308 $9,532 857,182 SH Sole 857,182 TELEFONICA S A SPONSORED ADR 879382208 $167,256 2,463,633 SH Sole 2,463,633 TELEFONOS DE MEXICO S A SPON ADR ORD L 879403780 $360,626 22,247,114 SH Sole 22,247,114 TELEMIG CELULAR PART S A SPON ADR PFD 87944E105 $25,449 501,759 SH Sole 501,759 TELEMEX INTERNACIONAL SAB DE SPONS ADR SR L 879690105 $218,384 17,263,529 SH Sole 17,263,529 TELUS CORP NON-VTG SHS 87971M202 $1,811 70,200 SH Sole 70,200 TENET HEALTHCARE CORP COM 88033G100 $86,304 30,604,148 SH Sole 30,604,148 TEXAS INSTRS INC COM 882508104 $445,023 20,893,091 SH Sole 20,893,091 THOMSON SPONSORED ADR 885118109 $8,686 10,465,275 SH Sole 10,465,275 TIM PARTICIPACOES S A SPONS ADR PFD 88706P106 $59,501 3,413,736 SH Sole 3,413,736 TIMBERLAND CO CL A 887100105 $3,756 283,011 SH Sole 283,011 TOMKINS PLC SPONSORED ADR 890030208 $44,948 4,624,319 SH Sole 4,624,319 TOYOTA MOTOR CORP SP ADR REP2COM 892331307 $48,178 637,871 SH Sole 637,871 TRAVELERS COMPANIES INC COM 89417E109 $1,278 31,132 SH Sole 31,132 TUESDAY MORNING CORP COM NEW 899035505 $1,608 477,100 SH Sole 477,100 US BANCORP DEL COM NEW 902973304 $1,725 96,257 SH Sole 96,257 U S G CORP COM NEW 903293405 $2,597 257,925 SH Sole 257,925 UNILEVER PLC SPON ADR NEW 904767704 $3,004 127,836 SH Sole 127,836 UNILEVER N V NY SHS NEW 904784709 $246,443 10,192,001 SH Sole 10,192,001 UNISYS CORP COM 909214108 $32,753 21,690,833 SH Sole 21,690,833 UTSTARCOM INC COM 918076100 $2,058 1,262,301 SH Sole 1,262,301 VALASSIS COMMUNICATIONS INC COM 918866104 $523 85,666 SH Sole 85,666 VALERO ENERGY CORP NEW COM 91913Y100 $204,432 12,103,741 SH Sole 12,103,741 VANGUARD WORLD FDS FINANCIALS ETF 92204A405 $256 10,650 SH Sole 10,650 VERIZON COMMUNICATIONS INC COM 92343V104 $358,974 11,681,558 SH Sole 11,681,558 VIRTUS INVT PARTNERS INC COM 92828Q109 $268 18,258 SH Sole 18,258 VISHAY INTERTECHNOLOGY INC COM 928298108 $9,195 1,354,189 SH Sole 1,354,189 VITRAN CORP INC COM 92850E107 $1,687 170,406 SH Sole 170,406 VITRAN CORP INC COM 92850E107 $1,049 106,070 SH Sole 106,070 VIVO PARTICIPACOES S A SPON ADR PFD NEW 92855S200 $69,820 3,686,371 SH Sole 3,686,371 WABASH NATL CORP COM 929566107 $381 543,965 SH Sole 543,965 WELLS FARGO & CO NEW COM 949746101 $213,279 8,791,388 SH Sole 8,791,388 WESTERN DIGITAL CORP COM 958102105 $7,347 277,241 SH Sole 277,241 WESTLAKE CHEM CORP COM 960413102 $712 34,900 SH Sole 34,900 WHIRLPOOL CORP COM 963320106 $21,484 504,786 SH Sole 504,786 WINNEBAGO INDS INC COM 974637100 $516 69,440 SH Sole 69,440 WYETH COM 983024100 $451,960 9,957,269 SH Sole 9,957,269 XEROX CORP COM 984121103 $197,068 30,411,696 SH Sole 30,411,696 DAIMLER AG REG SHS D1668R123 $25,782 710,835 SH Sole 710,835 DAIMLER AG REG SHS D1668R123 $67,584 1,876,100 SH Sole 1,876,100 ARGO GROUP INTL HLDGS LTD COM G0464B107 $6,856 242,962 SH Sole 242,962 SEAGATE TECHNOLOGY SHS G7945J104 $18,845 1,801,672 SH Sole 1,801,672 XL CAP LTD CL A G98255105 $111,995 9,772,704 SH Sole 9,772,704 SYNERON MEDICAL LTD ORD SHS M87245102 $8,620 1,193,915 SH Sole 1,193,915 BANCO LATINOAMERICANO DE EXP CL E P16994132 $25,443 2,046,881 SH Sole 2,046,881 INTERTAPE POLYMER GROUP INC COM 460919103 $813 903,520 SH Sole 903,520 CIT GROUP INC COM 125581108 $6,665 3,100,000 SH Sole 3,100,000 INTERTAPE POLYMER GROUP INC COM 460919103 $463 513,896 SH Sole 513,896