Compounder

Sarah Ketterer

Net selling

Causeway Capital Management Llc — managed by Sarah Ketterer; US equity positions disclosed quarterly via SEC 13F

Data as of 2026-03-31 (filed 2026-05-14) · Source: SEC EDGAR

Portfolio value$8.15B+12%)
Holdings1071
Latest period2026-03-31
Top holdingAstrazeneca Plc
Portfolio overview

Causeway Capital Management Llc's most recent 13F filing, for the quarter ended 2026-03-31, reports 107 positions worth $8.15B. The top 5 holdings represent 54% of that value, a moderately concentrated portfolio.

The single largest position is Astrazeneca Plc at 17.7% of the portfolio, followed by Carnival Corp at 11.8% and Deutsche Bank Ag at 8.9%.

Against the prior quarter, Sarah Ketterer opened 13 new positions, exited 14, added to 42, and trimmed 46. The largest new buy was Astrazeneca Plc. The most notable sale was the full exit from Graphic Packaging Holding Co.

Across all 8 quarters on file, Canadian Pacific Kansas City Ltd has appeared in every filing, as has Taiwan Semiconductor Manufacturing Co Ltd. Canadian Pacific Kansas City Ltd currently ranks fourth by value.

A 13F is filed roughly 45 days after quarter-end and covers only long positions in US-listed equities, so it is a lagging and partial view of the portfolio. Source: SEC EDGAR.

High-conviction
Holdings

Showing top 25 of 107 positions

Sources· SEC EDGAR 13F as of 2026-05-14

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