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 Q4 2022 Q3, filed 13 Feb, long equity only

Download CSV Download Excel All activity


RYAAY, Ryanair	16.71%	New	7,697,953	$74.76	$575M	+7,697,953	+$575M
CNI, Canadian National Railway	14.60%	Reduce −9.1%	4,237,427	$118.73	$503M	−422,025	−$85K
TSM, Taiwan Semiconductor	6.61%	Reduce −9.2%	3,058,834	$74.49	$228M	−310,791	−$3.2M
BABA, Alibaba	3.54%, was 2.26%	Add +37.1%	1,384,838	$88.09	$122M	+374,645	+$41M
CNXC, Concentrix	2.43%	Reduce −1.9%	628,313	$133.16	$84M	−12,070	+$12M
DIS, Disney	1.99%, was 1.68%	Add +24.3%	788,927	$86.88	$69M	+154,105	+$8.7M
Genpact	1.97%, was 2.62%	Reduce −31.4%	1,467,140	$46.32	$68M	−670,341	−$26M
PDD, PDD Holdings	1.93%, was 0.88%	Add +62.2%	813,151	$81.55	$66M	+311,839	+$35M
FISV, Fiserv	1.90%, was 2.18%	Reduce −22.3%	647,477	$101.07	$65M	−185,745	−$13M
Berry Global Group	1.89%	Reduce −18.2%	1,078,587	$60.43	$65M	−240,042	+$3.8M
BKNG, Booking Holdings	1.84%	Reduce −20.0%	31,513	$2,015	$64M	−7,891	−$1.2M
LVS, Las Vegas Sands	1.81%, was 2.37%	Reduce −42.5%	1,294,587	$48.07	$62M	−957,072	−$22M
GOOG, Alphabet	1.76%	Add +4.1%	684,943	$88.73	$61M	+27,096	−$2.5M
CARR, Carrier Global	1.73%	Reduce −2.5%	1,445,803	$41.25	$60M	−37,525	+$6.9M
C, Citigroup	1.70%, was 1.19%	Add +27.4%	1,297,826	$45.23	$59M	+279,191	+$16M
ZBH, Zimmer Biomet	1.60%	Reduce −5.9%	431,962	$127.50	$55M	−27,247	+$7.1M
GE, GE Aerospace	1.60%	New	655,810	$83.79	$55M	+655,810	+$55M
IBN, Icici Bank	1.56%, was 1.70%	Reduce −15.4%	2,455,065	$21.89	$54M	−446,273	−$7.1M
WRK, Westrock	1.52%, was 1.13%	Add +14.2%	1,488,996	$35.16	$52M	+185,591	+$12M
MDLZ, Mondelez	1.48%	Reduce −16.3%	763,782	$66.65	$51M	−148,680	+$876K
JD, JD.com	1.36%, was 0.79%	Add +49.5%	836,240	$56.13	$47M	+277,040	+$19M
QFIN, 360 Digitech	1.36%, was 0.70%	Add +17.3%	2,298,521	$20.36	$47M	+339,470	+$22M
TME, Tencent Music Entertainment	1.35%, was 0.39%	Add +64.8%	5,632,488	$8.28	$47M	+2,215,283	+$33M
FINV, Finvolution Group	1.19%	New	8,270,022	$4.96	$41M	+8,270,022	+$41M
META, Meta Platforms	1.09%, was 1.24%	Reduce −4.4%	312,243	$120.34	$38M	−14,266	−$6.7M
PBR, Petroleo Brasileiro	1.07%, was 1.36%	Reduce −9.4%	3,963,694	$9.29	$37M	−410,887	−$12M
PUK, Prudential	1.05%, was 0.71%	Add +3.4%	1,310,509	$27.48	$36M	+42,627	+$11M
SNX, TD Synnex	1.01%	Reduce −4.2%	368,775	$94.71	$35M	−16,140	+$3.7M
VIPS, Vipshop	1.00%, was 0.11%	Add +449.1%	2,528,434	$13.64	$34M	+2,067,934	+$31M
LDOS, Leidos	0.99%, was 1.57%	Reduce −49.1%	325,545	$105.19	$34M	−314,029	−$22M
DQ, Daqo New Energy	0.88%, was 1.22%	Reduce −4.4%	784,255	$38.61	$30M	−36,002	−$13M
AVTR, Avantor	0.83%, was 0.52%	Add +45.0%	1,362,265	$21.09	$29M	+422,921	+$10M
SAP	0.81%	Reduce −3.7%	269,757	$103.19	$28M	−10,355	+$5.1M
WFC, Wells Fargo	0.78%, was 1.22%	Reduce −39.8%	652,582	$41.29	$27M	−431,673	−$17M
BBD, Banco Bradesco	0.73%	New	8,713,912	$2.88	$25M	+8,713,912	+$25M
SABR, Sabre	0.66%	Reduce −9.1%	3,661,979	$6.18	$23M	−366,943	+$1.9M
UL, Unilever	0.64%	Reduce −13.5%	437,645	$50.35	$22M	−68,014	−$133K
JLL, Jones Lang Lasalle	0.63%, was 0.54%	Add +6.6%	136,119	$159.37	$22M	+8,407	+$2.4M
TER, Teradyne	0.60%	New	238,375	$87.35	$21M	+238,375	+$21M
TAK, Takeda Pharmaceutical	0.60%	Reduce −7.0%	1,330,042	$15.60	$21M	−100,663	+$2.2M
AVGO, Broadcom	0.59%	Reduce −13.0%	36,589	$559.13	$20M	−5,472	+$1.8M
NVS, Novartis	0.59%	Reduce −17.7%	222,832	$90.72	$20M	−47,998	−$371K
BCS, Barclays	0.58%, was 0.43%	Add +5.8%	2,548,012	$7.80	$20M	+139,004	+$4.5M
SNY, Sanofi	0.57%	Reduce −12.8%	404,457	$48.43	$20M	−59,610	+$1.9M
AZNN	0.57%	Reduce −5.3%	288,620	$67.80	$20M	−15,993	+$2.9M
RELX	0.56%	Reduce −8.4%	701,003	$27.72	$19M	−64,474	+$823K
MSCI	0.55%, was 1.37%	Reduce −57.8%	502,228	$37.72	$19M	−686,905	−$30M
INFY, Infosys	0.53%, was 0.96%	Reduce −49.6%	1,019,249	$18.01	$18M	−1,003,612	−$16M
ASHR	0.52%	Reduce −7.1%	633,191	$28.02	$18M	−48,105	−$714K
ING, ING Groep	0.45%	Reduce −32.7%	1,273,863	$12.17	$16M	−618,388	−$581K
SMFG, Sumitomo Mitsui Financial Group	0.38%	Reduce −6.1%	1,623,736	$8.02	$13M	−105,731	+$3.5M
BIDU, Baidu	0.37%, was 0.59%	Reduce −37.3%	112,516	$114.38	$13M	−66,919	−$8.2M
ATHM, Autohome	0.36%	New	410,057	$30.60	$13M	+410,057	+$13M
PHG, Koninklijke Philips	0.36%, was 0.32%	Add +9.8%	826,691	$14.99	$12M	+73,949	+$807K
BP, BP PLC	0.32%	Reduce −4.3%	316,851	$34.93	$11M	−14,203	+$1.6M
RIO, Rio Tinto	0.32%	Reduce −1.6%	153,074	$71.20	$11M	−2,458	+$2.3M
HDB, HDFC Bank	0.31%	Reduce −1.2%	154,659	$68.41	$11M	−1,841	+$1.4M
BUD, Anheuser-Busch InBev	0.30%, was 0.17%	Add +33.1%	174,453	$60.04	$10M	+43,355	+$4.6M
TTE, Totalenergies	0.30%	Reduce −21.5%	165,836	$62.08	$10M	−45,369	+$470K
VEA, Vanguard Ftse Developed ETF	0.27%, was 0.37%	Reduce −38.5%	223,851	$41.97	$9.4M	−139,998	−$3.8M
KOF	0.25%	Reduce −13.3%	125,225	$67.88	$8.5M	−19,139	+$71K
GSK	0.24%, was 0.15%	Add +29.1%	237,033	$35.14	$8.3M	+53,489	+$2.9M
Tata Motors	0.24%	Reduce −1.2%	351,070	$23.11	$8.1M	−4,433	−$512K
Posco	0.22%	Reduce −16.5%	140,402	$54.47	$7.6M	−27,806	+$1.5M
BTI, British American Tobacco	0.21%, was 0.27%	Reduce −31.1%	185,204	$39.98	$7.4M	−83,624	−$2.1M
Hello Group	0.16%, was 0.05%	Add +44.9%	615,635	$8.98	$5.5M	+190,759	+$3.6M
RDY, Dr Reddy's Laboratories	0.15%, was 0.13%	Add +17.3%	100,822	$51.75	$5.2M	+14,853	+$718K
MSCI, iShares MSCI India ETF	0.13%, was 0.24%	Reduce −50.9%	104,450	$41.74	$4.4M	−108,381	−$4.3M
Makemytrip	0.13%	New	157,957	$27.57	$4.4M	+157,957	+$4.4M
CLS, Celestica	0.11%	New	333,794	$11.26	$3.8M	+333,794	+$3.8M
Crescent Point Energy	0.10%	New	466,196	$7.13	$3.3M	+466,196	+$3.3M
MT, Arcelormittal	0.09%, was 0.11%	Reduce −43.2%	112,672	$26.22	$3M	−85,810	−$998K
VSS	0.07%	New	22,691	$102.81	$2.3M	+22,691	+$2.3M
KB, KB Financial Group	0.05%	Hold	41,725	$38.66	$1.6M	—	—
Inmode	0.05%	New	45,119	$35.70	$1.6M	+45,119	+$1.6M
WIT, Wipro	0.04%	Reduce −2.2%	320,065	$4.66	$1.5M	−7,080	−$49K
EFA	0.04%, was 6.70%	Reduce −99.5%	19,596	$65.64	$1.3M	−4,249,856	−$238M
United Microelectronics	0.03%	Reduce −18.0%	141,145	$6.53	$922K	−30,954	−$37K
VALE, Vale SA	0.03%, was 0.97%	Reduce −98.0%	51,213	$16.97	$869K	−2,559,313	−$34M
MSCI	0.02%, was 0.05%	Reduce −59.7%	14,581	$51.76	$755K	−21,584	−$1.1M
TRMD, Torm	0.02%	New	23,440	$28.47	$667K	+23,440	+$667K
Enerplus	0.01%	New	25,478	$17.64	$449K	+25,478	+$449K
CGAU, Centerra Gold	0.01%	New	74,000	$5.17	$383K	+74,000	+$383K

Showing top 50 of 83 by value

Exits / last held

Gone since 2022 Q3, shown at their last reported size.

Stock	% of portfolio	Recent activity	Reported price*	Value	Share change	$ change
Ryanair	12.49%	Exit	$58.42	$446M	−7,633,572	−$446M
MSCI, iShares MSCI Eafe Value ETF	4.53%	Exit	$38.53	$162M	−4,197,000	−$162M
GE, GE Aerospace	1.09%	Exit	$61.91	$39M	−626,353	−$39M
KWEB	0.54%	Exit	$24.64	$19M	−778,936	−$19M
iShares China Large-Cap ETF	0.54%	Exit	$25.86	$19M	−738,612	−$19M
EWY	0.35%	Exit	$47.36	$12M	−263,224	−$12M
Bancolombia	0.13%	Exit	$24.37	$4.5M	−186,412	−$4.5M
MSCI, iShares MSCI World ETF	0.05%	Exit	$99.97	$1.7M	−17,186	−$1.7M
NTES, NetEase	0.03%	Exit	$75.59	$996K	−13,177	−$996K
SPY, SPDR S&P 500 ETF Trust	0.03%	Exit	$357.28	$900K	−2,519	−$900K
ACWI	0.02%	Exit	$77.81	$743K	−9,549	−$743K
TCOM, Trip.com	0.01%	Exit	$27.33	$243K	−8,892	−$243K

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