Sarah Ketterer - Causeway Capital Management 13F Activity & Position Changes (Q1 2023)

As of Mar 31, 2023, the Causeway Capital Management portfolio activity showed several notable changes in holdings, according to the latest SEC 13F filing reported on May 12, 2023. 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 2023, the filing reported:

New Buys - iShares MSCI ACWI ETF, Credicorp, , Diageo plc, Gerdau S.A., and 5 more

Increases - Autohome Inc., Avantor, Inc., Astrazeneca PLC, Banco Bradesco Sa, Barclays PLC, and 29 more

Reductions - Xtrackers Harvest CSI 300 China, Alibaba Group Holding Limited, Berry Global Group, Inc., Baidu, Inc., BP p.l.c., and 29 more

Complete Exits - Broadcom Inc., Booking Holdings Inc. Common St, iShares MSCI EAFE ETF, GE Aerospace, InMode, and 5 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 2023	ACWI iShares MSCI ACWI ETF	iShares MSCI ACWI ETF	Buy - Position Entry	+10,057	-	$916.84K	10,057
Q1 2023	ASHR Xtrackers Harvest CSI 300 China	Xtrackers Harvest CSI 300 China	Sell	-64,283	-10.2%	$16.77M	568,908
Q1 2023	ATHM Autohome Inc.	Autohome Inc.	Buy	+187,500	+45.7%	$20.00M	597,557
Q1 2023	AVGO Broadcom Inc.	Broadcom Inc.	Sell - Position Exit	-36,589	-100.0%	$0.00	-
Q1 2023	AVTR Avantor, Inc.	Avantor, Inc.	Buy	+83,858	+6.2%	$30.57M	1,446,123
Q1 2023	AZN Astrazeneca PLC	Astrazeneca PLC	Buy	+35,083	+12.2%	$22.47M	323,703
Q1 2023	BABA Alibaba Group Holding Limited	Alibaba Group Holding Limited	Sell	-52,742	-3.8%	$136.11M	1,332,096
Q1 2023	BAP Credicorp	Credicorp	Buy - Position Entry	+384,722	-	$50.93M	384,722
Q1 2023	BBD Banco Bradesco Sa	Banco Bradesco Sa	Buy	+46,855,765	+537.7%	$145.59M	55,569,677
Q1 2023	BCS Barclays PLC	Barclays PLC	Buy	+392,997	+15.4%	$21.15M	2,941,009
Q1 2023	BERY Berry Global Group, Inc.	Berry Global Group, Inc.	Sell	-100,568	-9.3%	$57.61M	978,019
Q1 2023	BIDU Baidu, Inc.	Baidu, Inc.	Sell	-50,891	-45.2%	$9.30M	61,625
Q1 2023	BKNG Booking Holdings Inc. Common St	Booking Holdings Inc. Common St	Sell - Position Exit	-31,513	-100.0%	$0.00	-
Q1 2023	BP BP p.l.c.	BP p.l.c.	Sell	-71,728	-22.6%	$9.30M	245,123
Q1 2023	BTI British American Tobacco Indus	British American Tobacco Indus	Buy	+8,623	+4.7%	$6.81M	193,827
Q1 2023	BUD Anheuser-Busch Inbev SA Sponsor	Anheuser-Busch Inbev SA Sponsor	Sell	-36,523	-20.9%	$9.20M	137,930
Q1 2023	C Citigroup, Inc.	Citigroup, Inc.	Buy	+121,245	+9.3%	$66.54M	1,419,071
Q1 2023	CARR Carrier Global Corporation	Carrier Global Corporation	Sell	-58,204	-4.0%	$63.48M	1,387,599
Q1 2023	CGAU Centerra Gold Inc.	Centerra Gold Inc.	Sell	-37,000	-50.0%	$238.67K	37,000
Q1 2023	CHK		Buy - Position Entry	+291,027	-	$22.13M	291,027
Q1 2023	CNI Canadian National Railway Compa	Canadian National Railway Compa	Buy	+495,467	+11.7%	$557.77M	4,732,894
Q1 2023	CNXC Concentrix Corporation	Concentrix Corporation	Sell	-2,682	-0.4%	$76.05M	625,631
Q1 2023	DEO Diageo plc	Diageo plc	Buy - Position Entry	+55,630	-	$10.08M	55,630
Q1 2023	DIS Walt Disney Company (The)	Walt Disney Company (The)	Buy	+132	+0.0%	$79.01M	789,059
Q1 2023	DQ DAQO New Energy Corp.	DAQO New Energy Corp.	Sell	-120,386	-15.4%	$31.10M	663,869
Q1 2023	EFA iShares MSCI EAFE ETF	iShares MSCI EAFE ETF	Sell - Position Exit	-19,596	-100.0%	$0.00	-
Q1 2023	FI Fiserv, Inc.	Fiserv, Inc.	Buy	+38,117	+5.9%	$77.49M	685,594
Q1 2023	FINV FinVolution Group	FinVolution Group	Buy	+703,854	+8.5%	$37.42M	8,973,876
Q1 2023	G Genpact	Genpact	Buy	+10,211	+0.7%	$68.28M	1,477,351
Q1 2023	GE GE Aerospace	GE Aerospace	Sell - Position Exit	-655,810	-100.0%	$0.00	-

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