Sarah Ketterer – Causeway Capital Management Portfolio Activity & Recent Trades (Dec 31, 2025)
As of Dec 31, 2025, the Causeway Capital Management portfolio activity showed several notable changes in holdings, according to the latest SEC 13F filing reported on Feb 13, 2026. The activity included new positions, additions to existing holdings, reductions, and complete exits, providing a clear view of how the portfolio evolved during the quarter.
During Q4 2025, the filing reported:
New Buys – Alaska Air Group, Inc., Xtrackers Harvest CSI 300 China, Broadcom Inc., Boeing Company (The), Booz Allen Hamilton Holding Cor, and 8 more
Increases – iShares MSCI ACWI ETF, AngloGold Ashanti, Credicorp, BP p.l.c., British American Tobacco Indus, and 47 more
Reductions – Apple Inc., Analog Devices, Inc., Ally Financial Inc., Aptiv, Astrazeneca PLC, and 33 more
Complete Exits – ADT Inc., Atour Lifestyle Holdings Limite, iShares China Large-Cap ETF, iShares Trust iShares MSCI Saud, NetEase, Inc., and 6 more
These updates highlight how the portfolio adjusted across different sectors and market conditions, offering insights into allocation shifts and investment trends.
| Date | Symbol | Name | Type | Change Qty | % Change | Value | Remaining |
|---|---|---|---|---|---|---|---|
Q4 2025 | AAPL Apple Inc. | Apple Inc. | Sell | -29 | -3.1% | $244.13K | 898 |
Q4 2025 | ACWI iShares MSCI ACWI ETF | iShares MSCI ACWI ETF | Buy | +1,508 | +16.0% | $1.55M | 10,935 |
Q4 2025 | ADI Analog Devices, Inc. | Analog Devices, Inc. | Sell | -39,242 | -13.0% | $71.33M | 263,030 |
Q4 2025 | ADT ADT Inc. | ADT Inc. | Sell - Position Exit | -10,929 | -100.0% | $0.00 | - |
Q4 2025 | ALK Alaska Air Group, Inc. | Alaska Air Group, Inc. | Buy - Position Entry | +1,434,517 | - | $72.16M | 1,434,517 |
Q4 2025 | ALLY Ally Financial Inc. | Ally Financial Inc. | Sell | -35,319 | -5.6% | $27.21M | 600,850 |
Q4 2025 | APTV Aptiv | Aptiv | Sell | -54,223 | -7.5% | $50.88M | 668,620 |
Q4 2025 | ASHR Xtrackers Harvest CSI 300 China | Xtrackers Harvest CSI 300 China | Buy - Position Entry | +28,800 | - | $946.08K | 28,800 |
Q4 2025 | ATAT Atour Lifestyle Holdings Limite | Atour Lifestyle Holdings Limite | Sell - Position Exit | -611,570 | -100.0% | $0.00 | - |
Q4 2025 | AU AngloGold Ashanti | AngloGold Ashanti | Buy | +235,747 | +118.8% | $37.56M | 434,260 |
Q4 2025 | AVGO Broadcom Inc. | Broadcom Inc. | Buy - Position Entry | +827 | - | $286.23K | 827 |
Q4 2025 | AZN Astrazeneca PLC | Astrazeneca PLC | Sell | -56,473 | -5.3% | $92.93M | 1,010,898 |
Q4 2025 | B Barrick Gold | Barrick Gold | Sell | -9,600,845 | -61.2% | $264.49M | 6,093,395 |
Q4 2025 | BA Boeing Company (The) | Boeing Company (The) | Buy - Position Entry | +151,928 | - | $32.99M | 151,928 |
Q4 2025 | BABA Alibaba Group Holding Limited | Alibaba Group Holding Limited | Sell | -28,415 | -2.3% | $176.34M | 1,203,049 |
Q4 2025 | BAH Booz Allen Hamilton Holding Cor | Booz Allen Hamilton Holding Cor | Buy - Position Entry | +396,332 | - | $33.43M | 396,332 |
Q4 2025 | BAP Credicorp | Credicorp | Buy | +26,396 | +12.2% | $69.46M | 242,024 |
Q4 2025 | BCS Barclays PLC | Barclays PLC | Sell | -602,342 | -13.8% | $95.45M | 3,750,607 |
Q4 2025 | BIIB Biogen Inc. | Biogen Inc. | Sell | -46,417 | -8.2% | $91.71M | 521,101 |
Q4 2025 | BP BP p.l.c. | BP p.l.c. | Buy | +57,295 | +3.6% | $56.98M | 1,640,680 |
Q4 2025 | BTI British American Tobacco Indus | British American Tobacco Indus | Buy | +24,435 | +5.3% | $27.36M | 483,138 |
Q4 2025 | BUD Anheuser-Busch Inbev SA Sponsor | Anheuser-Busch Inbev SA Sponsor | Buy | +91,657 | +15.0% | $44.91M | 701,343 |
Q4 2025 | BXP BXP, Inc. | BXP, Inc. | Sell | -19,458 | -6.7% | $18.36M | 272,049 |
Q4 2025 | C Citigroup, Inc. | Citigroup, Inc. | Sell | -300,633 | -30.1% | $81.38M | 697,445 |
Q4 2025 | CARR Carrier Global Corporation | Carrier Global Corporation | Buy | +382,346 | +26.1% | $97.69M | 1,848,827 |
Q4 2025 | CCL Carnival Corporation | Carnival Corporation | Buy | +2,032,781 | +6.4% | $1.04B | 33,944,782 |
Q4 2025 | CFG Citizens Financial Group, Inc. | Citizens Financial Group, Inc. | Sell | -75,874 | -7.0% | $59.24M | 1,014,186 |
Q4 2025 | CGAU Centerra Gold Inc. | Centerra Gold Inc. | Buy | +386,412 | +44.8% | $18.02M | 1,249,789 |
Q4 2025 | CLS Celestica, Inc. | Celestica, Inc. | Sell | -27,368 | -27.2% | $21.71M | 73,302 |
Q4 2025 | CP Canadian Pacific Kansas City Li | Canadian Pacific Kansas City Li | Sell | -926,071 | -6.8% | $928.56M | 12,596,802 |