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

2025 Q2 2025 Q1, filed 13 Aug, long equity only

Download CSV Download Excel All activity


CP, Canadian Pacific Kansas City	18.42%, was 25.25%	Reduce −14.7%	14,680,499	$79.28	$1.2B	−2,528,289	−$44M
CCL, Carnival	12.96%, was 10.85%	Add +9.6%	29,128,074	$28.12	$819M	+2,563,008	+$300M
DB, Deutsche Bank	9.03%, was 0.75%	Add +1176.2%	19,315,143	$29.53	$570M	+17,801,643	+$534M
B	5.80%	New	17,653,416	$20.77	$367M	+17,653,416	+$367M
WRK, Smurfit Westrock	4.79%, was 2.54%	Add +160.4%	7,015,694	$43.15	$303M	+4,321,850	+$181M
BABA, Alibaba	2.23%, was 3.75%	Reduce −8.4%	1,242,469	$113.41	$141M	−113,541	−$38M
GOOG, Alphabet	2.03%	Add +3.5%	721,546	$177.39	$128M	+24,193	+$19M
TSM, Taiwan Semiconductor	1.86%	Reduce −0.4%	517,815	$226.49	$117M	−1,830	+$31M
C, Citigroup	1.70%, was 2.00%	Reduce −6.7%	1,259,978	$85.12	$107M	−90,929	+$11M
CTSH, Cognizant	1.46%	Add +28.7%	1,181,358	$78.03	$92M	+263,483	+$22M
BCS, Barclays	1.37%	Add +3.4%	4,664,178	$18.59	$87M	+152,236	+$17M
ADI, Analog Devices	1.34%, was 1.79%	Reduce −16.1%	355,604	$238.02	$85M	−68,421	−$872K
MRK, Merck	1.23%	Add +9.4%	982,660	$79.16	$78M	+84,791	−$2.8M
DIS, Disney	1.22%, was 1.97%	Reduce −34.6%	623,677	$124.01	$77M	−330,175	−$17M
META, Meta Platforms	1.12%, was 1.27%	Reduce −9.4%	95,570	$738.09	$71M	−9,915	+$9.7M
AZNN	1.05%	Add +11.1%	953,448	$69.88	$67M	+95,561	+$3.6M
AXS, Axis Capital	1.04%, was 1.52%	Reduce −12.7%	634,981	$103.82	$66M	−92,113	−$7M
Genpact	1.00%, was 0.99%	Add +51.5%	1,431,171	$44.01	$63M	+486,511	+$15M
BIIB, Biogen	0.98%	Add +13.8%	493,355	$125.59	$62M	+59,838	+$2.6M
ORCL, Oracle	0.96%, was 1.44%	Reduce −43.6%	277,286	$218.63	$61M	−214,547	−$8.1M
JD, JD.com	0.96%	Add +3.2%	1,854,381	$32.64	$61M	+57,147	−$13M
NTES, NetEase	0.94%	New	441,494	$134.58	$59M	+441,494	+$59M
QFIN, Qifu Technology	0.90%	Add +0.5%	1,314,163	$43.36	$57M	+6,890	−$1.7M
ZBH, Zimmer Biomet	0.83%, was 1.91%	Reduce −28.2%	578,238	$91.21	$53M	−227,271	−$38M
APTV, Aptiv	0.78%, was 1.07%	Reduce −16.5%	718,696	$68.22	$49M	−142,048	−$2.2M
BP, BP PLC	0.77%	Add +1.5%	1,620,639	$29.93	$49M	+24,013	−$5.4M
PFE, Pfizer	0.75%, was 1.07%	Reduce −3.0%	1,963,312	$24.24	$48M	−60,943	−$3.7M
CFG, Citizens Financial Group	0.73%	Add +2.9%	1,032,974	$44.75	$46M	+28,775	+$5.1M
XP, XP Inc	0.73%	New	2,280,437	$20.20	$46M	+2,280,437	+$46M
IFF, International Flavors & Fragrances	0.72%	New	622,703	$73.55	$46M	+622,703	+$46M
BUD, Anheuser-Busch InBev	0.70%, was 0.89%	Reduce −6.4%	647,477	$68.72	$44M	−44,440	+$1.9M
PHG, Koninklijke Philips	0.70%	Add +20.8%	1,850,995	$23.98	$44M	+319,183	+$5.5M
WHR, Whirlpool	0.70%, was 0.69%	Add +19.2%	433,543	$101.42	$44M	+69,758	+$11M
DEO, Diageo	0.69%, was 0.67%	Add +40.4%	430,710	$100.84	$43M	+124,044	+$11M
BAP, Credicorp	0.68%, was 0.21%	Add +253.5%	192,758	$223.52	$43M	+138,231	+$33M
GSK	0.67%, was 0.90%	Reduce −0.1%	1,107,076	$38.40	$43M	−847	−$409K
SNY, Sanofi	0.64%	Add +21.1%	839,639	$48.31	$41M	+146,378	+$2.1M
PUK, Prudential	0.63%, was 1.06%	Reduce −32.1%	1,597,829	$25.02	$40M	−755,841	−$11M
PCG, PG&E	0.60%	Add +6.6%	2,737,515	$13.94	$38M	+170,245	−$5.9M
JOYY	0.59%, was 0.08%	Add +733.7%	731,870	$50.91	$37M	+644,086	+$34M
TME, Tencent Music Entertainment	0.59%, was 0.19%	Add +209.5%	1,903,885	$19.49	$37M	+1,288,732	+$28M
AU, Anglogold Ashanti	0.56%, was 0.30%	Add +105.5%	788,151	$45.07	$36M	+404,631	+$21M
JLL, Jones Lang Lasalle	0.55%, was 0.73%	Reduce −2.4%	137,057	$255.78	$35M	−3,389	+$239K
SAP	0.55%, was 0.87%	Reduce −25.8%	115,049	$304.10	$35M	−40,090	−$6.7M
SE, Sea Limited	0.54%	Add +6.9%	212,331	$159.94	$34M	+13,643	+$8M
ING, ING Groep	0.53%	Add +5.5%	1,540,694	$21.87	$34M	+80,168	+$5.1M
LYV, Live Nation Entertainment	0.53%, was 0.80%	Reduce −25.5%	219,457	$151.28	$33M	−75,264	−$5.3M
GFI, Gold Fields	0.51%	New	1,353,653	$23.67	$32M	+1,353,653	+$32M
RELX	0.42%	Add +6.3%	482,845	$54.34	$26M	+28,499	+$3.3M
Pagseguro Digital	0.41%	New	2,691,538	$9.64	$26M	+2,691,538	+$26M
WB, Weibo	0.40%	Add +17.2%	2,643,718	$9.53	$25M	+387,253	+$3.8M
SNN, Smith & Nephew	0.40%, was 0.36%	Add +35.2%	821,008	$30.63	$25M	+213,651	+$7.9M
BTI, British American Tobacco	0.40%, was 0.53%	Reduce −12.9%	530,599	$47.33	$25M	−78,328	−$78K
SHG, Shinhan Financial Group	0.39%, was 0.34%	Add +7.9%	550,138	$45.18	$25M	+40,332	+$8.5M
MT, Arcelormittal	0.39%	Add +10.3%	776,702	$31.58	$25M	+72,411	+$4.2M
NVO, Novo Nordisk	0.39%	New	353,884	$69.02	$24M	+353,884	+$24M
NGG, National Grid	0.37%	New	315,994	$74.41	$24M	+315,994	+$24M
ALLY, Ally Financial	0.37%, was 0.50%	Reduce −7.4%	603,036	$38.95	$23M	−48,347	−$268K
FINV, Finvolution Group	0.35%	Add +2.9%	2,351,203	$9.48	$22M	+66,710	+$290K
ATAT, Atour Lifestyle	0.35%	Add +4.7%	672,784	$32.51	$22M	+30,248	+$3.7M
IR, Ingersoll Rand	0.35%	New	262,774	$83.18	$22M	+262,774	+$22M
Hello Group	0.31%, was 0.28%	Add +12.3%	2,346,224	$8.44	$20M	+256,311	+$6.6M
CLS, Celestica	0.31%	Reduce −14.8%	124,587	$155.93	$19M	−21,565	+$7.9M
BXP, Boston Properties	0.29%	New	272,795	$67.47	$18M	+272,795	+$18M
Korea Electric Power	0.27%	New	1,220,320	$14.09	$17M	+1,220,320	+$17M
PKG, Graphic Packaging	0.25%	New	740,479	$21.07	$16M	+740,479	+$16M
IBN, Icici Bank	0.24%	Add +0.4%	444,660	$33.64	$15M	+1,721	+$997K
HDB, HDFC Bank	0.23%, was 0.18%	Add +46.8%	187,589	$76.67	$14M	+59,840	+$5.9M
VEA	0.22%, was 0.43%	Reduce −39.6%	245,142	$57.01	$14M	−160,761	−$6.7M
MSCI, iShares MSCI India ETF	0.19%, was 0.15%	Add +51.7%	217,240	$55.68	$12M	+74,071	+$4.7M
MSCI	0.19%, was 0.27%	Reduce −1.5%	310,751	$38.54	$12M	−4,675	−$1.1M
MELI, MercadoLibre	0.19%	New	4,525	$2,614	$12M	+4,525	+$12M
VIPS, Vipshop	0.19%	Add +7.7%	782,518	$15.05	$12M	+55,900	+$384K
ZIM, Zim Integrated Shipping Services	0.18%	Add +4.8%	711,364	$16.09	$11M	+32,824	+$1.5M
MSCI	0.17%, was 0.12%	Add +61.6%	137,008	$77.18	$11M	+52,243	+$4.8M
NWG, Natwest Group	0.14%, was 0.19%	Reduce −17.7%	629,470	$14.15	$8.9M	−135,232	−$208K
SNX, TD Synnex	0.14%, was 0.29%	Reduce −52.1%	62,872	$135.70	$8.5M	−68,487	−$5.1M
VSS	0.13%, was 0.15%	Reduce −2.0%	61,586	$134.39	$8.3M	−1,236	+$1M
Makemytrip	0.13%	Add +10.4%	83,521	$98.02	$8.2M	+7,900	+$777K
GGB, Gerdau	0.12%	Hold	2,670,178	$2.92	$7.8M	—	—
INFY, Infosys	0.08%, was 1.01%	Reduce −89.2%	283,927	$18.53	$5.3M	−2,354,227	−$43M
Iqiyi	0.08%	Hold	2,896,200	$1.77	$5.1M	—	—
CGAU, Centerra Gold	0.07%	New	635,501	$7.19	$4.6M	+635,501	+$4.6M
SMFG, Sumitomo Mitsui Financial Group	0.07%	New	301,796	$15.11	$4.6M	+301,796	+$4.6M
RDY, Dr Reddy's Laboratories	0.04%	Add +10.2%	159,139	$15.03	$2.4M	+14,700	+$487K
WIT, Wipro	0.02%, was 0.03%	Reduce −2.7%	475,731	$3.02	$1.4M	−13,075	−$59K
ACWI	0.02%, was 0.03%	Reduce −27.1%	8,460	$128.61	$1.1M	−3,144	−$263K
EFA	0.01%	Add +9.7%	7,064	$89.39	$631K	+623	+$105K
VEU	0.01%	Add +32.0%	8,926	$67.22	$600K	+2,163	+$190K
NVDA, Nvidia	0.01%	Reduce −12.0%	3,631	$157.99	$574K	−493	+$127K
JBS, JBS NV	0.01%	New	34,350	$14.61	$502K	+34,350	+$502K
MSFT, Microsoft	0.01%	Hold	940	$497.41	$468K	—	—
VWO, Vanguard Ftse Emerging	0.01%, was 0.03%	Reduce −76.6%	7,149	$49.46	$354K	−23,384	−$1M
BTG, B2gold	0.01%	Hold	94,491	$3.61	$341K	—	—
NVS, Novartis	0.00%, was 0.01%	Reduce −50.8%	2,084	$121.02	$252K	−2,152	−$220K
AAPL, Apple	0.00%	Reduce −0.2%	1,003	$205.17	$206K	−2	−$17K
Puma Biotechnology	0.00%	Hold	14,095	$3.43	$48K	—	—

Showing top 50 of 97 by value

Exits / last held

Gone since 2025 Q1, shown at their last reported size.

Stock	% of portfolio	Recent activity	Reported price*	Value	Share change	$ change
GOLD, Barrick Gold	4.81%	Exit	$19.41	$230M	−11,838,827	−$230M
DGX, Quest Diagnostics	0.43%	Exit	$169.20	$20M	−120,400	−$20M
ERJ, Embraer	0.31%	Exit	$46.20	$15M	−318,335	−$15M
PDD, PDD Holdings	0.26%	Exit	$118.35	$13M	−105,926	−$13M
BBD, Banco Bradesco	0.17%	Exit	$2.23	$8M	−3,598,612	−$8M
Adecoagro	0.13%	Exit	$11.17	$6.3M	−563,076	−$6.3M
Veren	0.04%	Exit	$6.61	$1.7M	−263,808	−$1.7M
Jinkosolar	0.03%	Exit	$18.65	$1.4M	−75,084	−$1.4M
SHEL, Shell	—	Exit	$73.37	$216K	−2,944	−$216K

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