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

According to the SEC 13F filed on May 12, 2023, the Causeway Capital Management portfolio showed several notable changes in holdings as of quarter-end Mar 31, 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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