13F-HR 1 v103177_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: December 31, 2007 ------------------ 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 2/14/08 --------------------------------- ------------------------ ------------- [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: 210 ------------------------------ Form 13F Information Table Value Total: $ 47,845,229 ------------------------------ (thousands)

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 ----------------------------------------------------------------------------------------------------------------------------------- ABN AMRO HLDG NV SPONSORED ADR 000937102 669 12376 SH Sole 12376 AT&T INC COM 00206R102 864147 20792763 SH Sole 20792763 ADAPTEC INC COM 00651F108 9592 2837880 SH Sole 2837880 ADMINISTRADORA FONDOS PENSIO SPONSORED ADR 00709P108 928 24930 SH Sole 24930 AEGON NV ORD AMER REG 007924103 458918 26178986 SH Sole 26178986 ALCATEL-LUCENT SPONSORED ADR 013904305 738635 100906418 SH Sole 100906418 AMERICAN AXLE & MFG HLDGS IN COM 024061103 20672 1110184 SH Sole 1110184 AMERICAN GREETINGS CORP CL A 026375105 4578 225508 SH Sole 225508 AMGEN INC COM 031162100 832399 17924183 SH Sole 17924183 ARVINMERITOR INC COM 043353101 19092 1627656 SH Sole 1627656 ASTRAZENECA PLC SPONSORED ADR 046353108 557072 13009633 SH Sole 13009633 BANKATLANTIC BANCORP CL A 065908501 1920 468405 SH Sole 468405 BANKUNITED FINL CORP CL A 06652B103 1858 269210 SH Sole 269210 BARCLAYS PLC ADR 06738E204 105185 2605513 SH Sole 2605513 BEARINGPOINT INC COM 074002106 6733 2379210 SH Sole 2379210 BEAZER HOMES USA INC COM 07556Q105 3361 452310 SH Sole 452310 BIOVAIL CORP COM 09067J109 2558 190025 SH Sole 190025 BIOVAIL CORP COM 09067J109 2774 206890 SH Sole 206890 BLOCK H & R INC COM 093671105 83816 4513517 SH Sole 4513517 BORLAND SOFTWARE CORP COM 099849101 4382 1455770 SH Sole 1455770 BOSTON SCIENTIFIC CORP COM 101137107 883060 75929481 SH Sole 75929481 BRASIL TELECOM PARTICIPACOES SPON ADR PFD 105530109 412477 5530665 SH Sole 5530665 BRASKEM SA SP ADR PFD A 105532105 23186 1434785 SH Sole 1434785 BRIGGS & STRATTON CORP COM 109043109 30026 1325048 SH Sole 1325048 BRISTOL MYERS SQUIBB CO COM 110122108 762087 28736308 SH Sole 28736308 BRITISH SKY BROADCASTING GRO SPONSORED ADR 111013108 176331 3604470 SH Sole 3604470 BRUNSWICK CORP COM 117043109 14452 847641 SH Sole 847641 CIT GROUP INC COM 125581108 181184 7539892 SH Sole 7539892 CELESTICA INC SUB VTG SHS 15101Q108 81164 13993792 SH Sole 13993792 CELESTICA INC SUB VTG SHS 15101Q108 7663 1318780 SH Sole 1318780 CENTEX CORP COM 152312104 22984 909891 SH Sole 909891 CHEMTURA CORP COM 163893100 63124 8092852 SH Sole 8092852 CHESAPEAKE CORP COM 165159104 829 159705 SH Sole 159705 CINCINNATI BELL INC NEW COM 171871106 10089 2124100 SH Sole 2124100 CIRCUIT CITY STORE INC COM 172737108 17625 4196418 SH Sole 4196418 CITIGROUP INC COM 172967101 701555 23829996 SH Sole 23829996 COACHMEN INDS INC COM 189873102 4196 705131 SH Sole 705131 COLE KENNETH PRODTNS INC CL A 193294105 9052 517570 SH Sole 517570 COMPANHIA DE SANEAMENTO BASI SPONSORED ADR 20441A102 6231 132564 SH Sole 132564 CONSECO INC COM NEW 208464883 133928 10663044 SH Sole 10663044 COTT CORP QUE COM 22163N106 11922 1790030 SH Sole 1790030 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316773100 593524 23618149 SH Sole 23618149 FINISAR COM 31787A101 1004 692285 SH Sole 692285 FIRST AMERN CORP CALIF COM 318522307 1369 40117 SH Sole 40117 FIRST BANCORP P R COM 318672102 17208 2360453 SH Sole 2360453 FORD MTR CO DEL COM PAR $0.01 345370860 1057038 157063571 SH Sole 157063571 FRANCE TELECOM SPONSORED ADR 35177Q105 795698 22332236 SH Sole 22332236 FRIEDMAN BILLINGS RAMSEY GRO CL A 358434108 12552 3997315 SH Sole 3997315 FUJIFILM HLDGS CORP ADR 2 ORD 35958N107 217993 5228909 SH Sole 5228909 FURNITURE BRANDS INTL INC COM 360921100 11550 1148071 SH Sole 1148071 GANNETT INC COM 364730101 996696 25556295 SH Sole 25556295 GENERAL MTRS CORP COM 370442105 1003271 40308203 SH Sole 40308203 GEORGIA GULF CORP COM PAR $0.01 373200203 10736 1621679 SH Sole 1621679 GLAXOSMITHKLINE PLC SPONSORED ADR 37733W105 822744 16327517 SH Sole 16327517 GRUPO TELEVISA SA DE CV SP ADR REP ORD 40049J206 7301 307152 SH Sole 307152 HSBC HLDGS PLC SPON ADR NEW 404280406 387611 4630406 SH Sole 4630406 HELLENIC TELECOM ORGANIZATN SPONSORED ADR 423325307 2224 120395 SH Sole 120395 HITACHI LIMITED ADR 10 COM 433578507 756198 10339045 SH Sole 10339045 HOME DEPOT INC COM 437076102 875907 32513261 SH Sole 32513261 HOVNANIAN ENTERPRISES INC CL A 442487203 2225 310310 SH Sole 310310 HUNTSMAN CORP COM 447011107 25841 1005482 SH Sole 1005482 IDEARC INC COM 451663108 15076 858561 SH Sole 858561 INFINEON TECHNOLOGIES AG SPONSORED ADR 45662N103 92140 7915840 SH Sole 7915840 INTEL CORP COM 458140100 542207 20337860 SH Sole 20337860 INTERTAPE POLYMER GROUP INC COM 460919103 8614 2743215 SH Sole 2743215 INTERTAPE POLYMER GROUP INC COM 460919103 13147 4266906 SH Sole 4266906 JDS UNIPHASE CORP COM PAR $0.001 46612J507 1616 121500 SH Sole 121500 JOHNSON & JOHNSON COM 478160104 837989 12563548 SH Sole 12563548 KT CORP SPONSORED ADR 48268K101 975666 37816530 SH Sole 37816530 KB HOME COM 48666K109 8438 390664 SH Sole 390664 KELLY SVCS INC CL A 488152208 1896 101628 SH Sole 101628 KEMET CORP COM 488360108 21275 3208911 SH Sole 3208911 KINGSWAY FINL SVCS INC COM 496904103 2736 227590 SH Sole 227590 KINGSWAY FINL SVCS INC COM 496904103 4183 347070 SH Sole 347070 KONINKLIJKE AHOLD N V SPON ADR 2007 500467402 543329 39079108 SH Sole 39079108 KOREA ELECTRIC PWR SPONSORED ADR 500631106 596638 28615739 SH Sole 28615739 KRAFT FOODS INC CL A 50075N104 299435 9176672 SH Sole 9176672 LSI CORPORATION COM 502161102 50171 9448489 SH Sole 9448489 LA Z BOY INC COM 505336107 5800 731391 SH Sole 731391 LANDAMERICA FINL GROUP INC COM 514936103 6077 181660 SH Sole 181660 LEAR CORP COM 521865105 58281 2107048 SH Sole 2107048 LEGACY BANCORP INC CL A 52463G105 808 60937 SH Sole 60937 LENNAR CORP CL A 526057104 23959 1339212 SH Sole 1339212 LILLY ELI & CO COM 532457108 3020 56560 SH Sole 56560 MGIC INVT CORP WIS COM 552848103 2199 98054 SH Sole 98054 MAGNA INTL INC CL A 559222401 112278 1395975 SH Sole 1395975 MAGYAR TELEKOM TELECOMMUNS P SPONSORED ADR 559776109 37830 1404747 SH Sole 1404747 MARSH & MCLENNAN 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189813 3495640 SH Sole 3495640 SPARTECH CORP COM NEW 847220209 958 67970 SH Sole 67970 STANDARD PAC CORP NEW COM 85375C101 2586 771845 SH Sole 771845 STEIN MART INC COM 858375108 362 76435 SH Sole 76435 STMICROELECTRONICS N V NY REGISTRY 861012102 389364 27228278 SH Sole 27228278 STRATTEC SEC CORP COM 863111100 943 22755 SH Sole 22755 SUPERIOR INDS INTL INC COM 868168105 11170 614737 SH Sole 614737 SUPERVALU INC COM 868536103 236838 6312311 SH Sole 6312311 TDK CORP AMERN DEP SH 872351408 45039 607327 SH Sole 607327 TALBOTS INC COM 874161102 8839 747814 SH Sole 747814 TECUMSEH PRODS CO CL B 878895101 5309 269083 SH Sole 269083 TECUMSEH PRODS CO CL A 878895200 7853 335455 SH Sole 335455 TELE NORTE LESTE PART S A SPON ADR PFD 879246106 672431 34877137 SH Sole 34877137 TELE NORTE CELULAR PART S A SPON ADR PFD 87924Y105 222 15343 SH Sole 15343 TELECOM ARGENTINA S A SPON ADR REP B 879273209 142429 6401320 SH Sole 6401320 TELECOM CORP NEW ZEALAND LTD SPONSORED ADR 879278208 133704 8049580 SH 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