Causeway Capital Management 13F, Q2 2024
Sarah Ketterer · quarter ending 30 June 2024 · filed 13 August 2024 · SEC CIK 1165797
Common stock only: shares the fund reported owning at the quarter end, valued as filed.
Largest positions, Q2 2024
The 25 largest of 90 positions. Weights are against the whole filed book. Changes are in shares held, against the Q1 2024 filing.
| Company | Ticker | Value | % of book | vs Q1 2024 |
|---|---|---|---|---|
| CANADIAN PACIFIC KANSAS CITY LTD | CP | $631.33M | 17.2% | +19% shares |
| RYANAIR HOLDINGS PLC | RYAAY | $255.91M | 7.0% | -20% shares |
| BANCO BRADESCO SA | BBD | $113.70M | 3.1% | +12% shares |
| PDD HOLDINGS INC | PDD | $98.99M | 2.7% | +9% shares |
| WALT DISNEY CO/THE | DIS | $97.93M | 2.7% | +20% shares |
| ALPHABET INC | GOOG | $89.57M | 2.4% | -37% shares |
| TAIWAN SEMICONDUCTOR MANUFACTURING CO LTD | TSM | $87.91M | 2.4% | +3% shares |
| META PLATFORMS INC | META | $76.39M | 2.1% | +26% shares |
| CITIGROUP INC | C | $73.96M | 2.0% | -8% shares |
| PG&E CORP | PCG | $73.76M | 2.0% | unchanged |
| TD SYNNEX CORP | SNX | $73.68M | 2.0% | -18% shares |
| ZIMMER BIOMET HOLDINGS INC | ZBH | $71.72M | 2.0% | +31% shares |
| ANALOG DEVICES INC | ADI | $70.72M | 1.9% | -13% shares |
| ORACLE CORP | ORCL | $70.31M | 1.9% | +16% shares |
| GENPACT LTD | $67.61M | 1.8% | +5% shares | |
| QUEST DIAGNOSTICS INC | DGX | $65.17M | 1.8% | -5% shares |
| FISERV INC | FISV | $64.23M | 1.8% | unchanged |
| COGNIZANT TECHNOLOGY SOLUTIONS CORP | CTSH | $60.78M | 1.7% | new |
| JONES LANG LASALLE INC | JLL | $58.92M | 1.6% | -16% shares |
| BARCLAYS PLC | BCS | $57.96M | 1.6% | +8% shares |
| PFIZER INC | PFE | $56.06M | 1.5% | new |
| PETROLEO BRASILEIRO SA | PBR/A | $53.07M | 1.4% | -41% shares |
| SHELL PLC | SHEL | $50.86M | 1.4% | +30% shares |
| BP PLC | BP | $47.50M | 1.3% | +15% shares |
| CITIZENS FINANCIAL GROUP INC | CFG | $47.41M | 1.3% | unchanged |
What changed since Q1 2024
Against the Q1 2024 filing, Causeway Capital Management opened 11 new positions, added to 38, trimmed 29, left 12 unchanged and exited 10. Every position is compared, matched on its CUSIP; a change of 2% or less in shares counts as unchanged.
New positions
- CTSH$60.78M
- PFE$56.06M
- CHECK POINT SOFTWARE TECHNOLOGIES LTD$35.48M
- BMY$30.21M
- WHR$9.68M
- MT$7.82M
- CREDICORP LTD$7.55M
- BTG$2.73M
and 3 more
Exited
- TSNwas $54.52M
- TRMBwas $53.12M
- ABBVwas $38.92M
- NTESwas $26.31M
- KOFwas $9.55M
- SABRwas $7.40M
- ZIM INTEGRATED SHIPPING SERVICES LTDwas $1.33M
- KBwas $1.10M
and 2 more
Other quarters
Source: SEC Form 13F-HR, accession 0000943663-24-000204, 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.