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

2026 Q1 2025 Q4, filed 14 May, long equity only

Download CSV Download Excel All activity


AZN, AstraZeneca	17.66%	New	7,421,749	$193.78	$1.4B	+7,421,749	+$1.4B
CCL, Carnival	11.79%	Add +9.3%	37,096,593	$25.88	$960M	+3,151,811	−$77M
DB, Deutsche Bank	8.88%, was 7.59%	Add +75.9%	24,962,034	$28.98	$723M	+10,767,680	+$172M
CP, Canadian Pacific Kansas City	8.47%, was 12.78%	Reduce −30.2%	8,792,381	$78.46	$690M	−3,804,421	−$239M
WRK, Smurfit Westrock	7.61%, was 10.18%	Reduce −18.6%	15,566,028	$39.85	$620M	−3,566,851	−$120M
TSM, Taiwan Semiconductor	2.11%, was 2.14%	Reduce −0.6%	508,471	$337.95	$172M	−3,249	+$16M
BABA, Alibaba	1.65%, was 2.43%	Reduce −11.2%	1,068,890	$125.46	$134M	−134,159	−$42M
CARR, Carrier Global	1.45%, was 1.34%	Add +13.7%	2,102,878	$56.31	$118M	+254,051	+$21M
MRK, Merck	1.26%, was 1.51%	Reduce −18.2%	854,212	$120.29	$103M	−190,405	−$7.2M
GOOG, Alphabet	1.19%, was 1.60%	Reduce −8.8%	337,298	$286.86	$97M	−32,703	−$19M
CTSH, Cognizant	1.13%, was 1.77%	Reduce −3.1%	1,504,253	$61.35	$92M	−48,108	−$37M
ALK, Alaska Air Group	1.13%, was 0.99%	Add +74.4%	2,502,211	$36.78	$92M	+1,067,694	+$20M
AU, Anglogold Ashanti	1.06%, was 0.52%	Add +107.0%	898,816	$95.95	$86M	+464,556	+$49M
BCS, Barclays	1.06%	Add +8.6%	4,074,067	$21.16	$86M	+323,460	−$9.2M
BAP, Credicorp	1.02%, was 0.96%	Add +1.3%	245,113	$339.18	$83M	+3,089	+$14M
META, Meta Platforms	1.02%, was 1.00%	Add +31.2%	144,799	$572.13	$83M	+34,414	+$10M
AXS, Axis Capital	1.02%	Add +13.1%	815,794	$101.41	$83M	+94,573	+$5.5M
EG, Everest Group	1.00%	Add +4.8%	250,008	$326.85	$82M	+11,450	+$760K
LYV, Live Nation Entertainment	0.99%, was 0.88%	Add +17.7%	526,418	$152.51	$80M	+79,305	+$17M
SAP	0.96%, was 0.84%	Add +81.9%	456,005	$171.21	$78M	+205,257	+$17M
RELX	0.94%, was 0.66%	Add +93.9%	2,306,409	$33.15	$76M	+1,117,030	+$28M
GFI, Gold Fields	0.91%	Add +0.8%	1,634,170	$45.40	$74M	+13,094	+$3.4M
ZBH, Zimmer Biomet	0.90%	Add +10.9%	808,110	$90.42	$73M	+79,612	+$7.6M
Genpact	0.89%, was 1.34%	Reduce −6.5%	1,948,677	$37.25	$73M	−135,532	−$25M
C, Citigroup	0.88%, was 1.12%	Reduce −9.0%	634,931	$113.41	$72M	−62,514	−$9.4M
PHG, Koninklijke Philips	0.83%, was 0.82%	Add +11.7%	2,456,190	$27.40	$67M	+257,659	+$7.8M
BAH, Booz Allen Hamilton	0.82%, was 0.46%	Add +116.3%	857,462	$78.03	$67M	+461,130	+$33M
WHR, Whirlpool	0.80%, was 0.76%	Add +57.9%	1,201,993	$53.92	$65M	+440,765	+$9.9M
ADI, Analog Devices	0.79%, was 0.98%	Reduce −23.3%	201,819	$318.14	$64M	−61,211	−$7.1M
CFG, Citizens Financial Group	0.77%	Add +3.4%	1,048,526	$59.97	$63M	+34,340	+$3.6M
BA, Boeing	0.77%, was 0.45%	Add +106.6%	313,926	$199.03	$62M	+161,998	+$29M
JLL, Jones Lang Lasalle	0.70%, was 0.28%	Add +213.3%	186,274	$304.32	$57M	+126,818	+$37M
DIS, Disney	0.66%	Add +2.5%	559,882	$96.38	$54M	+13,818	−$8.2M
PFE, Pfizer	0.66%, was 0.72%	Reduce −8.5%	1,914,219	$28.08	$54M	−177,500	+$1.7M
BIIB, Biogen	0.63%, was 1.26%	Reduce −46.1%	280,783	$183.33	$51M	−240,318	−$40M
SNY, Sanofi	0.63%	Add +0.1%	1,064,516	$48.18	$51M	+558	−$271K
IR, Ingersoll Rand	0.62%	Add +4.9%	626,062	$80.12	$50M	+29,291	+$2.9M
DEO, Diageo	0.61%, was 0.58%	Add +37.3%	666,314	$74.45	$50M	+181,026	+$7.7M
APTV, Aptiv	0.58%	Add +2.2%	683,463	$69.44	$47M	+14,843	−$3.4M
VEA	0.58%, was 0.36%	Add +74.8%	736,637	$64.08	$47M	+315,245	+$21M
DTE, DTE Energy	0.58%	New	322,015	$146.22	$47M	+322,015	+$47M
BP, BP PLC	0.58%, was 0.78%	Reduce −39.2%	997,934	$47.00	$47M	−642,746	−$10M
NGG, National Grid	0.56%, was 0.76%	Reduce −24.1%	538,761	$84.60	$46M	−170,724	−$9.3M
NWG, Natwest Group	0.55%, was 0.38%	Add +88.3%	2,988,309	$14.90	$45M	+1,401,045	+$17M
JOYY	0.54%, was 0.72%	Reduce −7.6%	750,751	$58.39	$44M	−61,850	−$8.8M
NVO, Novo Nordisk	0.53%	Add +18.1%	1,174,213	$36.75	$43M	+180,363	−$7.4M
Pagseguro Digital	0.50%, was 0.54%	Reduce 0.0%	4,044,350	$10.02	$41M	−1,107	+$1.5M
BUD, Anheuser-Busch InBev	0.49%, was 0.62%	Reduce −17.3%	580,131	$69.37	$40M	−121,212	−$4.7M
ING, ING Groep	0.49%, was 0.38%	Add +56.6%	1,537,748	$26.05	$40M	+555,742	+$13M
TXN, Texas Instruments	0.49%	New	206,214	$194.14	$40M	+206,214	+$40M
TAL, Tal Education Group	0.49%	New	3,478,417	$11.37	$40M	+3,478,417	+$40M
PUK, Prudential	0.46%, was 0.65%	Reduce −12.4%	1,321,151	$28.43	$38M	−187,761	−$9.4M
SNN, Smith & Nephew	0.37%, was 0.27%	Add +57.9%	953,146	$31.78	$30M	+349,334	+$10M
BTI, British American Tobacco	0.36%	Add +3.7%	500,864	$58.47	$29M	+17,726	+$1.9M
MSCI	0.35%	Add +2.8%	471,654	$59.96	$28M	+12,677	−$3.8M
PBR, Petroleo Brasileiro	0.34%	New	1,495,664	$18.75	$28M	+1,495,664	+$28M
INFY, Infosys	0.31%, was 0.61%	Reduce −23.6%	1,896,488	$13.51	$26M	−585,830	−$19M
SMFG, Sumitomo Mitsui Financial Group	0.31%	Add +7.6%	1,267,248	$19.75	$25M	+89,974	+$2.3M
GGB, Gerdau	0.30%, was 0.37%	Reduce −5.8%	6,841,155	$3.61	$25M	−418,278	−$2.1M
PDD, PDD Holdings	0.30%, was 0.58%	Reduce −36.2%	237,010	$102.18	$24M	−134,231	−$18M
ZIM, Zim Integrated Shipping Services	0.29%, was 0.35%	Reduce −26.7%	889,550	$26.35	$23M	−323,456	−$2.3M
WB, Weibo	0.29%, was 0.42%	Reduce −10.9%	2,666,202	$8.75	$23M	−326,032	−$7.3M
CGAU, Centerra Gold	0.27%	Reduce −0.4%	1,245,027	$17.73	$22M	−4,762	+$4.1M
MSCI, iShares MSCI India ETF	0.26%	Add +18.9%	459,200	$46.84	$22M	+72,995	+$635K
BXP, Boston Properties	0.24%	Add +40.0%	380,761	$51.90	$20M	+108,712	+$1.4M
UNH, UnitedHealth Group	0.24%	New	71,864	$270.59	$19M	+71,864	+$19M
VIST, Vista Energy Sab De CV	0.20%	New	220,918	$75.47	$17M	+220,918	+$17M
TIGO, Millicom	0.19%	Reduce −3.3%	208,718	$74.94	$16M	−7,232	+$3.7M
SHG, Shinhan Financial Group	0.19%, was 0.43%	Reduce −56.3%	253,576	$61.32	$16M	−326,220	−$16M
VSS	0.19%, was 0.14%	Add +42.0%	103,581	$145.79	$15M	+30,651	+$4.6M
MT, Arcelormittal	0.17%, was 0.24%	Reduce −31.0%	265,697	$51.98	$14M	−119,152	−$3.7M
FSM, Fortuna Mining	0.15%, was 0.12%	Add +44.9%	1,251,045	$9.91	$12M	+387,417	+$3.9M
IBN, Icici Bank	0.14%, was 0.20%	Reduce −5.5%	450,887	$25.90	$12M	−26,173	−$2.5M
FINV, Finvolution Group	0.14%, was 0.20%	Reduce −13.1%	2,401,084	$4.79	$12M	−360,843	−$2.9M
HDB, HDFC Bank	0.12%, was 0.21%	Reduce −5.5%	399,171	$24.88	$9.9M	−23,108	−$5.5M
CIB, Grupo Cibest	0.12%	New	132,364	$72.81	$9.6M	+132,364	+$9.6M
CLS, Celestica	0.09%, was 0.30%	Reduce −66.2%	24,809	$281.19	$7M	−48,493	−$15M
TME, Tencent Music Entertainment	0.07%, was 0.41%	Reduce −63.7%	612,900	$9.28	$5.7M	−1,076,676	−$24M
QFIN, Qfin Holdings	0.05%, was 0.35%	Reduce −74.7%	330,288	$12.91	$4.3M	−976,348	−$21M
EFA	0.05%, was 0.11%	Reduce −54.5%	37,761	$97.13	$3.7M	−45,243	−$4.3M
MSCI, iShares MSCI Taiwan ETF	0.03%, was 0.17%	Reduce −80.5%	37,151	$70.92	$2.6M	−153,190	−$9.5M
Makemytrip	0.03%, was 0.08%	Reduce −5.3%	64,544	$37.29	$2.4M	−3,615	−$3.2M
ACWI	0.03%, was 0.02%	Add +41.0%	15,421	$138.37	$2.1M	+4,486	+$587K
MSCI	0.03%	New	52,898	$39.75	$2.1M	+52,898	+$2.1M
EFXT, Enerflex	0.01%, was 0.02%	Reduce −27.9%	52,946	$20.85	$1.1M	−20,486	−$30K
ITRN, Ituran Location And Control	0.01%	Hold	20,439	$49.01	$1M	—	—
Inmode	0.01%	Hold	71,829	$13.68	$983K	—	—
WIT, Wipro	0.01%, was 0.02%	Reduce −6.4%	443,164	$2.12	$940K	−30,137	−$405K
NVDA, Nvidia	0.01%	Reduce −4.5%	3,589	$174.40	$626K	−169	−$75K
GSK	0.01%, was 0.02%	Reduce −67.2%	11,110	$55.19	$613K	−22,787	−$1M
MSCI	0.01%	New	7,100	$78.41	$557K	+7,100	+$557K
VEU	0.01%	Reduce −57.3%	6,191	$75.10	$465K	−8,293	−$600K
BTG, B2gold	0.01%	Hold	94,491	$4.53	$428K	—	—
Hafnia	0.01%	New	54,367	$7.66	$416K	+54,367	+$416K
VWO, Vanguard Ftse Emerging	0.00%, was 0.04%	Reduce −87.7%	7,469	$54.05	$404K	−53,092	−$2.9M
JBS, JBS NV	0.00%	Hold	20,994	$17.96	$377K	—	—
PDS, Precision Drilling	0.00%	Hold	3,291	$98.10	$323K	—	—
B	0.00%, was 3.64%	Reduce −99.9%	7,736	$40.80	$316K	−6,085,659	−$264M
RNR, RenaissanceRe	0.00%	Add +39.6%	994	$297.23	$295K	+282	+$95K
MSFT, Microsoft	0.00%, was 0.01%	Reduce −20.0%	772	$370.17	$286K	−193	−$181K
AVGO, Broadcom	0.00%	Add +1.9%	843	$309.51	$261K	+16	−$25K
FIX, Comfort Systems USA	0.00%	Reduce −24.3%	184	$1,379	$254K	−59	+$27K
AAPL, Apple	0.00%	Add +2.8%	923	$253.79	$234K	+25	−$10K
NVS, Novartis	0.00%	Reduce −23.2%	1,487	$152.77	$227K	−448	−$40K
INN, Summit Hotel Properties	0.00%	Hold	14,838	$4.42	$66K	—	—

Showing top 50 of 105 by value

Exits / last held

Gone since 2025 Q4, shown at their last reported size.

Stock	% of portfolio	Recent activity	Reported price*	Value	Share change	$ change
AZNN	1.28%	Exit	$91.93	$93M	−1,010,898	−$93M
PKG, Graphic Packaging	0.94%	Exit	$15.06	$68M	−4,528,554	−$68M
ALLY, Ally Financial	0.37%	Exit	$45.29	$27M	−600,850	−$27M
VIPS, Vipshop	0.27%	Exit	$17.69	$19M	−1,089,598	−$19M
VALE, Vale SA	0.16%	Exit	$13.03	$12M	−904,000	−$12M
EWY	0.15%	Exit	$97.22	$11M	−110,800	−$11M
Hello Group	0.08%	Exit	$6.55	$5.8M	−889,397	−$5.8M
MSCI, iShares MSCI World ETF	0.03%	Exit	$185.78	$2M	−10,631	−$2M
MSCI	0.02%	Exit	$68.80	$1.5M	−22,500	−$1.5M
Holding	0.02%	Exit	$59.62	$1.4M	−23,700	−$1.4M
ASHR	0.01%	Exit	$32.85	$946K	−28,800	−$946K
EWZ	0.01%	Exit	$31.74	$438K	−13,800	−$438K
Korea Electric Power	—	Exit	$16.51	$185K	−11,202	−$185K
Puma Biotechnology	—	Exit	$5.94	$79K	−13,310	−$79K

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