Canonical: https://ownershiptrace.com/13f/investors/69

# Causeway Capital Management portfolio — 13F holdings Q2 2026

Causeway Capital Management (Sarah Ketterer) reported 122 long positions worth $9.2 billion as of 2026-06-30. Top holdings: ASTRAZENECA PLC, Carnival Corp Ltd., DEUTSCHE BANK AKTIENGESELLSCHAFT, Smurfit Westrock plc, CANADIAN PACIFIC KANSAS CITY LTD/CN. Quarterly changes and source links to the original SEC 13F filings. Long options are listed separately in the interactive view.

## Reported share positions (up to 20)

| Company | Report period | Value | Portfolio weight | Change | Source |
|  --- | --- | --- | --- | --- | --- |
| [ASTRAZENECA PLC](https://ownershiptrace.com/13f/companies/1634) | 2026-06-30 | 1751546442.00 USD | 18.97% | add | [Original filing](https://www.sec.gov/Archives/edgar/data/1165797/0000945621-26-001052-index.html) |
| [Carnival Corp Ltd.](https://ownershiptrace.com/13f/companies/1480) | 2026-06-30 | 1176815641.00 USD | 12.74% | add | [Original filing](https://www.sec.gov/Archives/edgar/data/1165797/0000945621-26-001052-index.html) |
| [DEUTSCHE BANK AKTIENGESELLSCHAFT](https://ownershiptrace.com/13f/companies/278) | 2026-06-30 | 994163933.00 USD | 10.77% | add | [Original filing](https://www.sec.gov/Archives/edgar/data/1165797/0000945621-26-001052-index.html) |
| [Smurfit Westrock plc](https://ownershiptrace.com/13f/companies/1796) | 2026-06-30 | 695706054.00 USD | 7.53% | reduce | [Original filing](https://www.sec.gov/Archives/edgar/data/1165797/0000945621-26-001052-index.html) |
| [CANADIAN PACIFIC KANSAS CITY LTD/CN](https://ownershiptrace.com/13f/companies/86) | 2026-06-30 | 581660870.00 USD | 6.30% | reduce | [Original filing](https://www.sec.gov/Archives/edgar/data/1165797/0000945621-26-001052-index.html) |
| [TAIWAN SEMICONDUCTOR MANUFACTURING CO LTD](https://ownershiptrace.com/13f/companies/291) | 2026-06-30 | 254092074.00 USD | 2.75% | add | [Original filing](https://www.sec.gov/Archives/edgar/data/1165797/0000945621-26-001052-index.html) |
| [ALASKA AIR GROUP, INC.](https://ownershiptrace.com/13f/companies/500) | 2026-06-30 | 166161153.00 USD | 1.80% | add | [Original filing](https://www.sec.gov/Archives/edgar/data/1165797/0000945621-26-001052-index.html) |
| [CARRIER GLOBAL Corp](https://ownershiptrace.com/13f/companies/1643) | 2026-06-30 | 159793459.00 USD | 1.73% | add | [Original filing](https://www.sec.gov/Archives/edgar/data/1165797/0000945621-26-001052-index.html) |
| [Live Nation Entertainment, Inc.](https://ownershiptrace.com/13f/companies/172) | 2026-06-30 | 129330823.00 USD | 1.40% | add | [Original filing](https://www.sec.gov/Archives/edgar/data/1165797/0000945621-26-001052-index.html) |
| [Merck & Co., Inc.](https://ownershiptrace.com/13f/companies/750) | 2026-06-30 | 122708787.00 USD | 1.33% | add | [Original filing](https://www.sec.gov/Archives/edgar/data/1165797/0000945621-26-001052-index.html) |
| [Meta Platforms, Inc.](https://ownershiptrace.com/13f/companies/42) | 2026-06-30 | 113480146.00 USD | 1.23% | add | [Original filing](https://www.sec.gov/Archives/edgar/data/1165797/0000945621-26-001052-index.html) |
| [Alphabet Inc.](https://ownershiptrace.com/13f/companies/37) | 2026-06-30 | 111729080.00 USD | 1.21% | reduce | [Original filing](https://www.sec.gov/Archives/edgar/data/1165797/0000945621-26-001052-index.html) |
| [BARCLAYS PLC](https://ownershiptrace.com/13f/companies/900) | 2026-06-30 | 106787786.00 USD | 1.16% | reduce | [Original filing](https://www.sec.gov/Archives/edgar/data/1165797/0000945621-26-001052-index.html) |
| [CREDICORP LTD](https://ownershiptrace.com/13f/companies/2171) | 2026-06-30 | 99512757.00 USD | 1.08% | add | [Original filing](https://www.sec.gov/Archives/edgar/data/1165797/0000945621-26-001052-index.html) |
| [SAP SE](https://ownershiptrace.com/13f/companies/2193) | 2026-06-30 | 97058639.00 USD | 1.05% | add | [Original filing](https://www.sec.gov/Archives/edgar/data/1165797/0000945621-26-001052-index.html) |
| [Alibaba Group Holding Ltd](https://ownershiptrace.com/13f/companies/273) | 2026-06-30 | 95503939.00 USD | 1.03% | reduce | [Original filing](https://www.sec.gov/Archives/edgar/data/1165797/0000945621-26-001052-index.html) |
| [AXIS CAPITAL HOLDINGS LTD](https://ownershiptrace.com/13f/companies/892) | 2026-06-30 | 92369066.00 USD | 1.00% | add | [Original filing](https://www.sec.gov/Archives/edgar/data/1165797/0000945621-26-001052-index.html) |
| [EVEREST GROUP, LTD.](https://ownershiptrace.com/13f/companies/1026) | 2026-06-30 | 90272674.00 USD | 0.98% | add | [Original filing](https://www.sec.gov/Archives/edgar/data/1165797/0000945621-26-001052-index.html) |
| [Ingersoll Rand Inc.](https://ownershiptrace.com/13f/companies/1121) | 2026-06-30 | 84752521.00 USD | 0.92% | add | [Original filing](https://www.sec.gov/Archives/edgar/data/1165797/0000945621-26-001052-index.html) |
| [KONINKLIJKE PHILIPS NV](https://ownershiptrace.com/13f/companies/2186) | 2026-06-30 | 83254747.00 USD | 0.90% | add | [Original filing](https://www.sec.gov/Archives/edgar/data/1165797/0000945621-26-001052-index.html) |

## Recent source filings (up to 20)

| Report period | Filed | Form | Source |
|  --- | --- | --- | --- |
| 2026-06-30 | 2026-08-13 00:00:00 | 13F-HR | [Original filing](https://www.sec.gov/Archives/edgar/data/1165797/0000945621-26-001052-index.html) |
| 2026-03-31 | 2026-05-14 00:00:00 | 13F-HR | [Original filing](https://www.sec.gov/Archives/edgar/data/1165797/0000945621-26-000700-index.html) |
| 2025-12-31 | 2026-02-13 00:00:00 | 13F-HR | [Original filing](https://www.sec.gov/Archives/edgar/data/1165797/0000945621-26-000303-index.html) |
| 2025-09-30 | 2025-11-13 00:00:00 | 13F-HR | [Original filing](https://www.sec.gov/Archives/edgar/data/1165797/0000945621-25-001081-index.html) |
| 2025-06-30 | 2025-08-13 00:00:00 | 13F-HR | [Original filing](https://www.sec.gov/Archives/edgar/data/1165797/0000943663-25-000224-index.html) |
| 2025-03-31 | 2025-05-14 00:00:00 | 13F-HR | [Original filing](https://www.sec.gov/Archives/edgar/data/1165797/0000943663-25-000132-index.html) |
| 2024-12-31 | 2025-02-13 00:00:00 | 13F-HR | [Original filing](https://www.sec.gov/Archives/edgar/data/1165797/0000943663-25-000047-index.html) |
| 2024-09-30 | 2024-11-13 00:00:00 | 13F-HR | [Original filing](https://www.sec.gov/Archives/edgar/data/1165797/0000943663-24-000262-index.html) |
| 2024-06-30 | 2024-08-13 00:00:00 | 13F-HR | [Original filing](https://www.sec.gov/Archives/edgar/data/1165797/0000943663-24-000204-index.html) |
| 2024-03-31 | 2024-05-15 00:00:00 | 13F-HR | [Original filing](https://www.sec.gov/Archives/edgar/data/1165797/0000943663-24-000131-index.html) |
| 2023-12-31 | 2024-02-14 00:00:00 | 13F-HR | [Original filing](https://www.sec.gov/Archives/edgar/data/1165797/0000943663-24-000054-index.html) |
| 2023-09-30 | 2023-11-13 00:00:00 | 13F-HR | [Original filing](https://www.sec.gov/Archives/edgar/data/1165797/0000943663-23-000182-index.html) |
| 2023-06-30 | 2023-08-11 00:00:00 | 13F-HR | [Original filing](https://www.sec.gov/Archives/edgar/data/1165797/0000894579-23-000230-index.html) |
| 2023-03-31 | 2023-05-12 00:00:00 | 13F-HR | [Original filing](https://www.sec.gov/Archives/edgar/data/1165797/0001567619-23-006055-index.html) |
| 2022-12-31 | 2023-02-13 00:00:00 | 13F-HR | [Original filing](https://www.sec.gov/Archives/edgar/data/1165797/0001567619-23-002449-index.html) |
| 2022-09-30 | 2022-11-14 00:00:00 | 13F-HR | [Original filing](https://www.sec.gov/Archives/edgar/data/1165797/0001567619-22-019807-index.html) |
| 2022-06-30 | 2022-08-15 00:00:00 | 13F-HR | [Original filing](https://www.sec.gov/Archives/edgar/data/1165797/0001567619-22-016013-index.html) |
| 2022-03-31 | 2022-05-13 00:00:00 | 13F-HR | [Original filing](https://www.sec.gov/Archives/edgar/data/1165797/0001567619-22-010488-index.html) |
| 2021-12-31 | 2022-02-11 00:00:00 | 13F-HR | [Original filing](https://www.sec.gov/Archives/edgar/data/1165797/0001567619-22-003403-index.html) |
| 2021-09-30 | 2021-11-12 00:00:00 | 13F-HR | [Original filing](https://www.sec.gov/Archives/edgar/data/1165797/0001567619-21-019892-index.html) |

Public disclosures can be delayed, incomplete, or amended. Report period describes a position date; transaction date describes a reported transaction; filed describes submission. A recent filing or page update does not establish a current holding. A dash means unavailable or not comparable, not zero.

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