Causeway Capital Management 13F, Q3 2023
Sarah Ketterer · quarter ending 30 September 2023 · filed 13 November 2023 · SEC CIK 1165797
Common stock only: shares the fund reported owning at the quarter end, valued as filed.
Largest positions, Q3 2023
The 25 largest of 89 positions. Weights are against the whole filed book. Changes are in shares held, against the Q2 2023 filing.
| Company | Ticker | Value | % of book | vs Q2 2023 |
|---|---|---|---|---|
| RYANAIR HOLDINGS PLC | RYAAY | $400.28M | 10.6% | -45% shares |
| ISHARES MSCI EAFE ETF | EFA | $330.12M | 8.7% | new |
| CANADIAN PACIFIC KANSAS CITY LTD | CP | $305.51M | 8.1% | new |
| UBS GROUP AG | $223.14M | 5.9% | unchanged | |
| BANCO BRADESCO SA | BBD | $182.61M | 4.8% | +43% shares |
| ALIBABA GROUP HOLDING LTD | BABA | $97.99M | 2.6% | +18% shares |
| ALPHABET INC | GOOG | $92.46M | 2.4% | -15% shares |
| WALT DISNEY CO/THE | DIS | $88.23M | 2.3% | +30% shares |
| GENPACT LTD | $78.16M | 2.1% | +7% shares | |
| TD SYNNEX CORP | SNX | $77.73M | 2.0% | +23% shares |
| FISERV INC | FISV | $74.92M | 2.0% | unchanged |
| PDD HOLDINGS INC | PDD | $65.11M | 1.7% | -20% shares |
| CITIGROUP INC | C | $62.71M | 1.7% | +2% shares |
| QUEST DIAGNOSTICS INC | DGX | $59.67M | 1.6% | +59% shares |
| ABBVIE INC | ABBV | $59.20M | 1.6% | +17% shares |
| CHESAPEAKE ENERGY CORP | EXE | $58.05M | 1.5% | +42% shares |
| AVANTOR INC | AVTR | $54.24M | 1.4% | unchanged |
| MONDELEZ INTERNATIONAL INC | MDLZ | $53.61M | 1.4% | +4% shares |
| CONCENTRIX CORP | CNXC | $52.72M | 1.4% | +43% shares |
| INTERNATIONAL FLAVORS & FRAGRANCES INC | IFF | $51.49M | 1.4% | new |
| ZEBRA TECHNOLOGIES CORP | ZBRA | $49.00M | 1.3% | new |
| VIPSHOP HOLDINGS LTD | VIPS | $48.84M | 1.3% | +2% shares |
| META PLATFORMS INC | META | $46.23M | 1.2% | -21% shares |
| ZIMMER BIOMET HOLDINGS INC | ZBH | $45.55M | 1.2% | +80% shares |
| JONES LANG LASALLE INC | JLL | $45.02M | 1.2% | +11% shares |
What changed since Q2 2023
Against the Q2 2023 filing, Causeway Capital Management opened 16 new positions, added to 37, trimmed 27, left 9 unchanged and exited 8. Every position is compared, matched on its CUSIP; a change of 2% or less in shares counts as unchanged.
Other quarters
Source: SEC Form 13F-HR, accession 0000943663-23-000182, filed by CAUSEWAY CAPITAL MANAGEMENT LLC. Values are as filed and cover US-listed positions only; a 13F does not show short positions or holdings outside the US. A 13F may be filed up to 45 days after the quarter ends, so the fund may have traded since. Educational information, not financial advice.