Sarah Ketterer - Causeway Capital Management 13F Activity & Position Changes (Q1 2019)

As of Mar 31, 2019, the Causeway Capital Management portfolio activity showed several notable changes in holdings, according to the latest SEC 13F filing reported on May 14, 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 Q1 2019, the filing reported:

New Buys - Azul S.A., iShares MSCI Emerging Index Fun, Gerdau S.A., Merck & Company, Inc., RELX PLC PLC, and 3 more

Increases - ABB Ltd., Alaska Air Group, Inc., Xtrackers Harvest CSI 300 China, Alibaba Group Holding Limited, Credicorp, and 18 more

Reductions - Bank of America Corporation, Citigroup, Inc., Canadian Imperial Bank of Comme, Carnival Plc, Diageo plc, and 17 more

Complete Exits - Advance Auto Parts Inc., Dominion Energy, Inc., FedEx Corporation, H World Group Limited, Ishares MSCI India ETF, and 4 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
Q1 2019	AAP Advance Auto Parts Inc.	Advance Auto Parts Inc.	Sell - Position Exit	-865,452	-100.0%	$0.00	-
Q1 2019	ABBNY ABB Ltd.	ABB Ltd.	Buy	+431,688	+29.4%	$35.89K	1,901,899
Q1 2019	ALK Alaska Air Group, Inc.	Alaska Air Group, Inc.	Buy	+1,171,706	+37.0%	$243.42K	4,337,514
Q1 2019	ASHR Xtrackers Harvest CSI 300 China	Xtrackers Harvest CSI 300 China	Buy	+114,307	+156.8%	$5.38K	187,207
Q1 2019	AZUL Azul S.A.	Azul S.A.	Buy - Position Entry	+340,000	-	$9.93K	340,000
Q1 2019	BABA Alibaba Group Holding Limited	Alibaba Group Holding Limited	Buy	+276,852	+16.3%	$361.18K	1,979,618
Q1 2019	BAC Bank of America Corporation	Bank of America Corporation	Sell	-4,812,411	-54.1%	$112.61K	4,081,566
Q1 2019	BAP Credicorp	Credicorp	Buy	+1,824	+0.4%	$105.25K	438,653
Q1 2019	BCS Barclays PLC	Barclays PLC	Buy	+320,954	+9.2%	$30.59K	3,823,157
Q1 2019	BIDU Baidu, Inc.	Baidu, Inc.	Buy	+89,735	+1.7%	$880.64K	5,342,096
Q1 2019	BP BP p.l.c.	BP p.l.c.	Buy	+34,821	+5.3%	$30.25K	691,848
Q1 2019	BTI British American Tobacco Indus	British American Tobacco Indus	Buy	+11,382	+1.2%	$39.56K	948,264
Q1 2019	C Citigroup, Inc.	Citigroup, Inc.	Sell	-1,655,048	-29.0%	$251.97K	4,049,746
Q1 2019	CM Canadian Imperial Bank of Comme	Canadian Imperial Bank of Comme	Sell	-65,813	-2.3%	$220.36K	2,786,926
Q1 2019	CUK Carnival Plc	Carnival Plc	Sell	-26,821	-10.2%	$11.70K	234,851
Q1 2019	D Dominion Energy, Inc.	Dominion Energy, Inc.	Sell - Position Exit	-44	-100.0%	$0.00	-
Q1 2019	DEO Diageo plc	Diageo plc	Sell	-91	-73.4%	$5.00	33
Q1 2019	EEM iShares MSCI Emerging Index Fun	iShares MSCI Emerging Index Fun	Buy - Position Entry	+969,437	-	$41.61K	969,437
Q1 2019	EPI WisdomTree India Earnings Fund	WisdomTree India Earnings Fund	Sell	-1,136,109	-42.7%	$40.13K	1,524,256
Q1 2019	FDX FedEx Corporation	FedEx Corporation	Sell - Position Exit	-331,444	-100.0%	$0.00	-
Q1 2019	FE FirstEnergy Corp.	FirstEnergy Corp.	Sell	-1,293,186	-29.1%	$131.05K	3,149,413
Q1 2019	FLS Flowserve Corporation	Flowserve Corporation	Sell	-2,040,643	-36.2%	$162.45K	3,598,895
Q1 2019	GGB Gerdau S.A.	Gerdau S.A.	Buy - Position Entry	+10,747,400	-	$41.70K	10,747,400
Q1 2019	GIL Gildan Activewear, Inc.	Gildan Activewear, Inc.	Sell	-572,623	-3.7%	$540.59K	15,028,766
Q1 2019	GLIN VanEck India Growth Leaders ETF	VanEck India Growth Leaders ETF	Buy	+15,962	+76.5%	$1.62K	36,839
Q1 2019	HAL Halliburton Company	Halliburton Company	Sell	-1,720,287	-15.4%	$275.97K	9,418,639
Q1 2019	HTHT H World Group Limited	H World Group Limited	Sell - Position Exit	-32	-100.0%	$0.00	-
Q1 2019	IBN ICICI Bank Limited	ICICI Bank Limited	Buy	+1,133,662	+22.3%	$71.37K	6,227,393
Q1 2019	INDA Ishares MSCI India ETF	Ishares MSCI India ETF	Sell - Position Exit	-572,000	-100.0%	$0.00	-
Q1 2019	ING ING Group, N.V.	ING Group, N.V.	Buy	+109,253	+11.9%	$12.47K	1,027,593

Page 1 of 3