Causeway Capital Management LLC Sarah Ketterer

Los Angeles, CA 20 processed 13Fs on this site, 2021 Q3 to 2026 Q2

$9.2B
122 holdings
2026 Q2
+13.4% QoQ
Top 5 56.3%

Portfolio

2026 Q2, filed 8/13/2026, top 12 of 122 holdings

Top 5 56.3%, top 10 65.3%

AUM over time

2026 Q2 $9.2B +13.4% QoQ

Q3 2021

Q1 2022

Q1 2023

Q1 2024

Q1 2025

Q1 2026

Book

2022 Q3 2022 Q2, filed 14 Nov, long equity only

Download CSV Download Excel All activity


CNI, Canadian National Railway	14.10%, was 14.22%	Reduce −8.1%	4,659,452	$107.99	$503M	−410,583	−$67M
Ryanair	12.49%, was 11.32%	Add +13.2%	7,633,572	$58.42	$446M	+887,227	−$7.7M
EFA	6.70%, was 0.03%	Add +20236.5%	4,269,452	$56.01	$239M	+4,248,458	+$238M
TSM, Taiwan Semiconductor	6.47%, was 6.96%	Reduce −1.3%	3,369,625	$68.56	$231M	−43,764	−$48M
MSCI, iShares MSCI Eafe Value ETF	4.53%	New	4,197,000	$38.53	$162M	+4,197,000	+$162M
Genpact	2.62%, was 2.81%	Reduce −19.6%	2,137,481	$43.77	$94M	−519,427	−$19M
LVS, Las Vegas Sands	2.37%	Reduce −18.0%	2,251,659	$37.52	$84M	−495,402	−$7.8M
BABA, Alibaba	2.26%	Add +21.0%	1,010,193	$79.99	$81M	+175,324	−$14M
FISV, Fiserv	2.18%, was 2.77%	Reduce −33.2%	833,222	$93.57	$78M	−413,668	−$33M
CNXC, Concentrix	2.00%, was 2.26%	Reduce −4.1%	640,383	$111.63	$71M	−27,095	−$19M
BKNG, Booking Holdings	1.81%, was 1.90%	Reduce −9.4%	39,404	$1,643	$65M	−4,097	−$11M
GOOG, Alphabet	1.77%	Add +1672.7%	657,847	$96.15	$63M	+620,737	−$18M
Berry Global Group	1.72%, was 2.34%	Reduce −23.2%	1,318,629	$46.53	$61M	−398,244	−$32M
IBN, Icici Bank	1.70%	Reduce −9.0%	2,901,338	$20.97	$61M	−285,904	+$4.3M
DIS, Disney	1.68%, was 1.71%	Reduce −12.4%	634,822	$94.33	$60M	−89,718	−$8.5M
LDOS, Leidos	1.57%, was 2.01%	Reduce −20.1%	639,574	$87.47	$56M	−161,035	−$25M
CARR, Carrier Global	1.48%, was 1.91%	Reduce −31.0%	1,483,328	$35.56	$53M	−667,564	−$24M
MDLZ, Mondelez	1.40%, was 1.62%	Reduce −13.0%	912,462	$54.83	$50M	−135,963	−$15M
MSCI	1.37%, was 1.06%	Add +15.5%	1,189,133	$41.00	$49M	+159,891	+$6.2M
PBR, Petroleo Brasileiro	1.36%	Reduce −13.5%	4,374,581	$11.08	$48M	−681,198	−$5.3M
ZBH, Zimmer Biomet	1.35%, was 1.37%	Reduce −12.0%	459,209	$104.55	$48M	−62,564	−$6.8M
META, Meta Platforms	1.24%	Add +1.3%	326,509	$135.68	$44M	+4,221	−$7.7M
WFC, Wells Fargo	1.22%	Reduce −12.3%	1,084,255	$40.22	$44M	−152,024	−$4.8M
DQ, Daqo New Energy	1.22%	Add +1.1%	820,257	$53.08	$44M	+8,767	−$14M
C, Citigroup	1.19%	Reduce −0.8%	1,018,635	$41.67	$42M	−8,404	−$4.8M
WRK, Westrock	1.13%	Add +10.6%	1,303,405	$30.89	$40M	+124,796	−$6.7M
GE, GE Aerospace	1.09%, was 1.80%	Reduce −44.6%	626,353	$61.91	$39M	−505,251	−$33M
VALE, Vale SA	0.97%, was 0.87%	Add +9.1%	2,610,526	$13.32	$35M	+218,395	−$225K
INFY, Infosys	0.96%, was 1.70%	Reduce −45.1%	2,022,861	$16.97	$34M	−1,658,463	−$34M
PDD, PDD Holdings	0.88%, was 0.34%	Add +129.4%	501,312	$62.58	$31M	+282,753	+$18M
SNX, TD Synnex	0.88%, was 1.01%	Reduce −13.6%	384,915	$81.19	$31M	−60,738	−$9.3M
JD, JD.com	0.79%, was 0.76%	Add +17.1%	559,200	$50.30	$28M	+81,814	−$2.5M
PUK, Prudential	0.71%, was 0.69%	Add +14.3%	1,267,882	$19.92	$25M	+158,786	−$2.6M
QFIN, 360 Digitech	0.70%, was 0.85%	Reduce −1.1%	1,959,051	$12.82	$25M	−21,141	−$9.1M
SAP	0.64%, was 6.66%	Reduce −4.8%	280,112	$81.25	$23M	−14,018	−$244M
UL, Unilever	0.62%, was 0.68%	Reduce −14.9%	505,659	$43.84	$22M	−88,529	−$5.1M
BIDU, Baidu	0.59%	Add +2.1%	179,435	$117.49	$21M	+3,739	−$5M
SABR, Sabre	0.58%, was 1.33%	Reduce −56.0%	4,028,922	$5.15	$21M	−5,137,126	−$33M
NVS, Novartis	0.58%, was 0.66%	Reduce −13.3%	270,830	$76.01	$21M	−41,511	−$5.8M
JLL, Jones Lang Lasalle	0.54%	Add +2.4%	127,712	$151.07	$19M	+2,997	−$2.5M
KWEB	0.54%	New	778,936	$24.64	$19M	+778,936	+$19M
iShares China Large-Cap ETF	0.54%	New	738,612	$25.86	$19M	+738,612	+$19M
AVGO, Broadcom	0.52%, was 0.55%	Reduce −6.5%	42,061	$444.02	$19M	−2,921	−$3.2M
RELX	0.52%, was 0.55%	Reduce −6.7%	765,477	$24.31	$19M	−54,859	−$3.5M
TAK, Takeda Pharmaceutical	0.52%, was 0.53%	Reduce −5.1%	1,430,705	$12.97	$19M	−76,118	−$2.6M
ASHR	0.52%	New	681,296	$27.09	$18M	+681,296	+$18M
AVTR, Avantor	0.52%	New	939,344	$19.60	$18M	+939,344	+$18M
SNY, Sanofi	0.49%, was 0.62%	Reduce −6.6%	464,067	$38.02	$18M	−32,614	−$7.2M
AZNN	0.47%, was 0.55%	Reduce −8.8%	304,613	$54.84	$17M	−29,284	−$5.4M
ING, ING Groep	0.45%, was 0.40%	Add +17.3%	1,892,251	$8.50	$16M	+279,047	+$81K
BCS, Barclays	0.43%, was 0.48%	Reduce −5.2%	2,409,008	$6.40	$15M	−133,182	−$3.9M
TME, Tencent Music Entertainment	0.39%	New	3,417,205	$4.06	$14M	+3,417,205	+$14M
VEA	0.37%, was 0.52%	Reduce −28.9%	363,849	$36.36	$13M	−147,973	−$7.7M
EWY	0.35%	New	263,224	$47.36	$12M	+263,224	+$12M
PHG, Koninklijke Philips	0.32%	Add +20.8%	752,742	$15.39	$12M	+129,852	−$1.8M
TTE, Totalenergies	0.28%, was 0.39%	Reduce −28.4%	211,205	$46.52	$9.8M	−83,597	−$5.7M
BTI, British American Tob	0.27%, was 0.35%	Reduce −18.7%	268,828	$35.50	$9.5M	−61,716	−$4.6M
SMFG	0.27%, was 0.28%	Reduce −7.8%	1,729,467	$5.50	$9.5M	−146,589	−$1.6M
BP, BP PLC	0.26%, was 0.35%	Reduce −33.3%	331,054	$28.55	$9.5M	−165,464	−$4.6M
HDB, HDFC Bank	0.26%, was 0.21%	Add +2.7%	156,500	$58.42	$9.1M	+4,083	+$766K
MSCI, iShares MSCI India ETF	0.24%, was 0.34%	Reduce −38.4%	212,831	$40.78	$8.7M	−132,735	−$4.9M
Tata Motors	0.24%, was 0.16%	Add +43.9%	355,503	$24.26	$8.6M	+108,516	+$2.2M
RIO, Rio Tinto	0.24%	New	155,532	$55.06	$8.6M	+155,532	+$8.6M
KOF	0.24%, was 0.08%	Add +142.6%	144,364	$58.39	$8.4M	+84,850	+$5.1M
Posco	0.17%, was 0.19%	Reduce −1.6%	168,208	$36.61	$6.2M	−2,705	−$1.5M
BUD, Anheuser-Busch InBev	0.17%	New	131,098	$45.16	$5.9M	+131,098	+$5.9M
GSK	0.15%, was 0.28%	Reduce −28.9%	183,544	$29.43	$5.4M	−74,619	−$5.8M
Bancolombia	0.13%, was 0.16%	Reduce −13.1%	186,412	$24.37	$4.5M	−28,002	−$2.1M
RDY, Dr Reddys Labs	0.13%, was 0.07%	Add +81.9%	85,969	$52.34	$4.5M	+38,716	+$1.9M
MT, Arcelormittal	0.11%	New	198,482	$19.91	$4M	+198,482	+$4M
VIPS, Vipshop	0.11%	New	460,500	$8.41	$3.9M	+460,500	+$3.9M
Hello Group	0.05%	New	424,876	$4.62	$2M	+424,876	+$2M
MSCI	0.05%, was 0.07%	Reduce −34.3%	36,165	$52.65	$1.9M	−18,876	−$782K
MSCI, iShares MSCI World ETF	0.05%	New	17,186	$99.97	$1.7M	+17,186	+$1.7M
WIT, Wipro	0.04%, was 0.17%	Reduce −74.5%	327,145	$4.71	$1.5M	−956,451	−$5.3M
KB, KB Financial Group	0.04%	Hold	41,725	$30.15	$1.3M	—	—
NTES, NetEase	0.03%, was 0.12%	Reduce −75.2%	13,177	$75.59	$996K	−40,010	−$4M
United Microelectronics	0.03%	Hold	172,099	$5.57	$959K	—	—
SPY, SPDR S&P 500 ETF Trust	0.03%	New	2,519	$357.28	$900K	+2,519	+$900K
ACWI	0.02%, was 0.03%	Reduce −28.7%	9,549	$77.81	$743K	−3,842	−$380K
TCOM, Trip.com	0.01%	Hold	8,892	$27.33	$243K	—	—

Showing top 50 of 81 by value

Exits / last held

Gone since 2022 Q2, shown at their last reported size.

Stock	% of portfolio	Recent activity	Reported price*	Value	Share change	$ change
WM, Waste Management	1.34%	Exit	$152.98	$54M	−349,972	−$54M
Essent Group	1.28%	Exit	$38.90	$51M	−1,314,173	−$51M
SHEL, Shell	0.25%	Exit	$52.29	$10M	−191,452	−$10M
Credit Suisse Group	0.19%	Exit	$5.67	$7.6M	−1,347,695	−$7.6M
BBVA	0.17%	Exit	$4.52	$6.8M	−1,506,786	−$6.8M
ZIM, Zim Integrated	0.13%	Exit	$47.23	$5.4M	−114,397	−$5.4M
VSS	0.08%	Exit	$103.22	$3.4M	−32,794	−$3.4M
FMX, Fomento Economico	0.05%	Exit	$67.50	$2.1M	−30,578	−$2.1M
China Petroleum & Chemical	0.03%	Exit	$44.79	$1.4M	−30,140	−$1.4M
MSCI	0.01%	Exit	$54.62	$426K	−7,800	−$426K
VEU	0.01%	Exit	$49.94	$267K	−5,346	−$267K
MSFT, Microsoft	0.01%	Exit	$257.17	$242K	−941	−$242K
ASH, Ashland Global	0.01%	Exit	$103.04	$220K	−2,135	−$220K

Filings history

20 periods, with AUM normalized

Newest 13Fs

Period	Holds	AUM	QoQ	Form	Filed	Filing ID
2026 Q2	122	$9.2B	+13.4%	13F-HR	8/13/2026	000094562126001052
2026 Q1	107	$8.1B	+12.1%	13F-HR	5/14/2026	000094562126000700
2025 Q4	108	$7.3B	−4.0%	13F-HR	2/13/2026	000094562126000303
2025 Q3	105	$7.6B	+19.8%	13F-HR	11/13/2025	000094562125001081
2025 Q2	99	$6.3B	+32.1%	13F-HR	8/13/2025	000094366325000224
2025 Q1	90	$4.8B	+8.9%	13F-HR	5/14/2025	000094366325000132
2024 Q4	107	$4.4B	+7.9%	13F-HR	2/13/2025	000094366325000047
2024 Q3	97	$4.1B	+11.0%	13F-HR	11/13/2024	000094366324000262
2024 Q2	90	$3.7B	−4.1%	13F-HR	8/13/2024	000094366324000204
2024 Q1	89	$3.8B	−2.6%	13F-HR	5/15/2024	000094366324000131
2023 Q4	89	$3.9B	+3.6%	13F-HR	2/14/2024	000094366324000054
2023 Q3	89	$3.8B	−0.3%	13F-HR	11/13/2023	000094366323000182
2023 Q2	81	$3.8B	−8.9%	13F-HR	8/11/2023	000089457923000230
2023 Q1	81	$4.2B	+21.0%	13F-HR	5/12/2023	000156761923006055
2022 Q4	83	$3.4B	−3.5%	13F-HR	2/13/2023	000156761923002449
2022 Q3	81	$3.6B	−11.0%	13F-HR	11/14/2022	000156761922019807
2022 Q2	80	$4B	−4.2%	13F-HR	8/15/2022	000156761922016013
2022 Q1	75	$4.2B	−8.0%	13F-HR	5/13/2022	000156761922010488
2021 Q4	82	$4.5B	+2.4%	13F-HR	2/11/2022	000156761922003403
2021 Q3	81	$4.4B	—	13F-HR	11/12/2021	000156761921019892

About

Causeway Capital Management LLC

20 processed 13Fs on this site, 2021 Q3 to 2026 Q2

Notable person: Sarah Ketterer
SEC filing name: CAUSEWAY CAPITAL MANAGEMENT LLC
Location: Los Angeles, CA
All SEC filings: View on sec.gov