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

2023 Q1 2022 Q4, filed 12 May, long equity only

Download CSV Download Excel All activity


RYAAY, Ryanair	20.90%, was 16.71%	Add +20.1%	9,242,910	$94.29	$872M	+1,544,957	+$296M
CNI, Canadian National Railway	13.38%	Add +11.7%	4,732,894	$117.85	$558M	+495,467	+$55M
TSM, Taiwan Semiconductor	6.10%, was 6.61%	Reduce −10.5%	2,736,507	$93.02	$255M	−322,327	+$27M
UBS	4.89%	New	9,650,640	$21.12	$204M	+9,650,640	+$204M
BBD, Banco Bradesco	3.49%, was 0.73%	Add +537.7%	55,569,677	$2.62	$146M	+46,855,765	+$120M
BABA, Alibaba	3.26%, was 3.54%	Reduce −3.8%	1,332,096	$102.18	$136M	−52,742	+$14M
GOOG, Alphabet	2.28%, was 1.76%	Add +33.3%	912,756	$104.00	$95M	+227,813	+$34M
DIS, Disney	1.89%	Add 0.0%	789,059	$100.13	$79M	+132	+$10M
FISV, Fiserv	1.86%	Add +5.9%	685,594	$113.03	$77M	+38,117	+$12M
CNXC, Concentrix	1.82%, was 2.43%	Reduce −0.4%	625,631	$121.55	$76M	−2,682	−$7.6M
META, Meta Platforms	1.64%, was 1.09%	Add +3.4%	322,736	$211.94	$68M	+10,493	+$31M
Genpact	1.64%	Add +0.7%	1,477,351	$46.22	$68M	+10,211	+$325K
C, Citigroup	1.60%	Add +9.3%	1,419,071	$46.89	$67M	+121,245	+$7.8M
WRK, Westrock	1.55%, was 1.52%	Add +42.2%	2,117,015	$30.47	$65M	+628,019	+$12M
CARR, Carrier Global	1.52%, was 1.73%	Reduce −4.0%	1,387,599	$45.75	$63M	−58,204	+$3.8M
PDD, PDD Holdings	1.49%	Add +1.0%	820,918	$75.90	$62M	+7,767	−$4M
MDLZ, Mondelez	1.38%	Add +8.3%	826,837	$69.72	$58M	+63,055	+$6.7M
Berry Global Group	1.38%, was 1.89%	Reduce −9.3%	978,019	$58.90	$58M	−100,568	−$7.6M
ZBH, Zimmer Biomet	1.31%, was 1.60%	Reduce −1.9%	423,890	$129.20	$55M	−8,072	−$309K
TME, Tencent Music Entertainment	1.26%	Add +12.9%	6,361,744	$8.28	$53M	+729,256	+$6M
BAP, Credicorp	1.22%	New	384,722	$132.39	$51M	+384,722	+$51M
SNX, TD Synnex	1.17%, was 1.01%	Add +37.2%	505,856	$96.79	$49M	+137,081	+$14M
VIPS, Vipshop	1.12%, was 1.00%	Add +21.3%	3,068,182	$15.18	$47M	+539,748	+$12M
LDOS, Leidos	1.04%, was 0.99%	Add +44.8%	471,245	$92.06	$43M	+145,700	+$9.1M
QFIN, 360 Digitech	1.01%, was 1.36%	Reduce −5.1%	2,180,909	$19.40	$42M	−117,612	−$4.5M
FINV, Finvolution Group	0.90%	Add +8.5%	8,973,876	$4.17	$37M	+703,854	−$3.6M
IBN, Icici Bank	0.86%, was 1.56%	Reduce −32.3%	1,663,273	$21.58	$36M	−791,792	−$18M
SAP	0.86%, was 0.81%	Add +4.9%	282,974	$126.55	$36M	+13,217	+$8M
GGB, Gerdau	0.84%	New	7,063,831	$4.93	$35M	+7,063,831	+$35M
JLL, Jones Lang Lasalle	0.77%, was 0.63%	Add +61.8%	220,239	$145.49	$32M	+84,120	+$10M
PCG, PG&E	0.76%	New	1,949,856	$16.17	$32M	+1,949,856	+$32M
DQ, Daqo New Energy	0.75%, was 0.88%	Reduce −15.4%	663,869	$46.84	$31M	−120,386	+$816K
AVTR, Avantor	0.73%	Add +6.2%	1,446,123	$21.14	$31M	+83,858	+$1.8M
PUK, Prudential	0.66%, was 1.05%	Reduce −22.8%	1,011,726	$27.34	$28M	−298,783	−$8.4M
NVS, Novartis	0.54%	Add +10.3%	245,707	$92.00	$23M	+22,875	+$2.4M
AZNN	0.54%	Add +12.2%	323,703	$69.41	$22M	+35,083	+$2.9M
RELX	0.53%, was 0.56%	Reduce −2.6%	682,880	$32.44	$22M	−18,123	+$2.7M
EXE, Chesapeake Energy	0.53%	New	291,027	$76.04	$22M	+291,027	+$22M
BCS, Barclays	0.51%	Add +15.4%	2,941,009	$7.19	$21M	+392,997	+$1.3M
JD, JD.com	0.49%, was 1.36%	Reduce −44.4%	464,782	$43.89	$20M	−371,458	−$27M
Hello Group	0.48%, was 0.16%	Add +258.7%	2,208,259	$9.10	$20M	+1,592,624	+$15M
ATHM, Autohome	0.48%, was 0.36%	Add +45.7%	597,557	$33.47	$20M	+187,500	+$7.5M
UL, Unilever	0.48%, was 0.64%	Reduce −12.0%	385,066	$51.93	$20M	−52,579	−$2M
ING, ING Groep	0.46%, was 0.45%	Add +26.8%	1,615,635	$11.87	$19M	+341,772	+$3.7M
SNY, Sanofi	0.45%, was 0.57%	Reduce −15.3%	342,418	$54.42	$19M	−62,039	−$953K
TAK, Takeda Pharmaceutical	0.45%, was 0.60%	Reduce −15.1%	1,129,366	$16.48	$19M	−200,676	−$2.1M
PHG, Koninklijke Philips	0.44%, was 0.36%	Add +21.8%	1,006,811	$18.35	$18M	+180,120	+$6.1M
ASHR	0.40%, was 0.52%	Reduce −10.2%	568,908	$29.48	$17M	−64,283	−$971K
LVS, Las Vegas Sands	0.39%, was 1.81%	Reduce −78.2%	282,413	$57.45	$16M	−1,012,174	−$46M
INFY, Infosys	0.38%, was 0.53%	Reduce −11.9%	897,726	$17.44	$16M	−121,523	−$2.7M
SABR, Sabre	0.36%, was 0.66%	Reduce −3.1%	3,547,402	$4.29	$15M	−114,577	−$7.4M
SMFG, Sumitomo Mitsui Financial Group	0.32%	Add +2.7%	1,667,593	$8.00	$13M	+43,857	+$318K
Jinkosolar	0.27%	New	223,504	$51.02	$11M	+223,504	+$11M
GSK	0.27%, was 0.24%	Add +34.6%	319,160	$35.58	$11M	+82,127	+$3M
MSCI	0.27%, was 0.55%	Reduce −42.7%	287,960	$38.73	$11M	−214,268	−$7.8M
RIO, Rio Tinto	0.26%	Add +1.5%	155,414	$68.60	$11M	+2,340	−$237K
VEA, Vanguard Ftse Developed ETF	0.25%	Add +3.9%	232,638	$45.17	$11M	+8,787	+$1.1M
DEO, Diageo	0.24%	New	55,630	$181.18	$10M	+55,630	+$10M
KOF	0.23%, was 0.25%	Reduce −6.6%	117,020	$80.47	$9.4M	−8,205	+$916K
BIDU, Baidu	0.22%, was 0.37%	Reduce −45.2%	61,625	$150.92	$9.3M	−50,891	−$3.6M
BP, BP PLC	0.22%, was 0.32%	Reduce −22.6%	245,123	$37.94	$9.3M	−71,728	−$1.8M
BUD, Anheuser-Busch InBev	0.22%, was 0.30%	Reduce −20.9%	137,930	$66.73	$9.2M	−36,523	−$1.3M
RDY, Dr Reddy's Laboratories	0.22%, was 0.15%	Add +59.7%	160,966	$56.93	$9.2M	+60,144	+$3.9M
Posco	0.22%	Reduce −8.0%	129,209	$69.69	$9M	−11,193	+$1.4M
Himax Technologies	0.21%	New	1,066,251	$8.13	$8.7M	+1,066,251	+$8.7M
TTE, Totalenergies	0.19%, was 0.30%	Reduce −17.1%	137,490	$59.05	$8.1M	−28,346	−$2.2M
Makemytrip	0.18%, was 0.13%	Add +89.6%	299,512	$24.47	$7.3M	+141,555	+$3M
YPF, Ypf SA	0.17%	New	632,206	$10.98	$6.9M	+632,206	+$6.9M
HDB, HDFC Bank	0.17%, was 0.31%	Reduce −33.1%	103,462	$66.67	$6.9M	−51,197	−$3.7M
BTI, British American Tobacco	0.16%	Add +4.7%	193,827	$35.12	$6.8M	+8,623	−$597K
VSS	0.12%, was 0.07%	Add +110.0%	47,647	$109.24	$5.2M	+24,956	+$2.9M
MSCI, iShares MSCI India ETF	0.10%, was 0.13%	Reduce −1.3%	103,137	$39.36	$4.1M	−1,313	−$300K
CLS, Celestica	0.07%, was 0.11%	Reduce −32.5%	225,333	$12.88	$2.9M	−108,461	−$857K
Crescent Point Energy	0.05%, was 0.10%	Reduce −31.0%	321,594	$7.05	$2.3M	−144,602	−$1.1M
United Microelectronics	0.02%, was 0.03%	Reduce −18.4%	115,229	$8.76	$1M	−25,916	+$88K
KB, KB Financial Group	0.02%, was 0.05%	Reduce −36.9%	26,332	$36.42	$959K	−15,393	−$654K
ACWI	0.02%	New	10,057	$91.16	$917K	+10,057	+$917K
MSCI	0.02%	Reduce −1.2%	14,401	$49.74	$716K	−180	−$38K
WIT, Wipro	0.01%, was 0.04%	Reduce −67.9%	102,776	$4.49	$461K	−217,289	−$1M
TRMD, Torm	0.01%, was 0.02%	Reduce −50.0%	11,720	$30.74	$360K	−11,720	−$307K
CGAU, Centerra Gold	0.01%	Reduce −50.0%	37,000	$6.45	$239K	−37,000	−$144K

Showing top 50 of 81 by value

Exits / last held

Gone since 2022 Q4, shown at their last reported size.

Stock	% of portfolio	Recent activity	Reported price*	Value	Share change	$ change
BKNG, Booking Holdings	1.84%	Exit	$2,015	$64M	−31,513	−$64M
GE, GE Aerospace	1.60%	Exit	$83.79	$55M	−655,810	−$55M
PBR, Petroleo Brasileiro	1.07%	Exit	$9.29	$37M	−3,963,694	−$37M
WFC, Wells Fargo	0.78%	Exit	$41.29	$27M	−652,582	−$27M
TER, Teradyne	0.60%	Exit	$87.35	$21M	−238,375	−$21M
AVGO, Broadcom	0.59%	Exit	$559.13	$20M	−36,589	−$20M
Tata Motors	0.24%	Exit	$23.11	$8.1M	−351,070	−$8.1M
MT, Arcelormittal	0.09%	Exit	$26.22	$3M	−112,672	−$3M
Inmode	0.05%	Exit	$35.71	$1.6M	−45,119	−$1.6M
EFA	0.04%	Exit	$65.63	$1.3M	−19,596	−$1.3M
VALE, Vale SA	0.03%	Exit	$16.97	$869K	−51,213	−$869K
Enerplus	0.01%	Exit	$17.62	$449K	−25,478	−$449K

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