Sarah Ketterer - Causeway Capital Management 13F Activity & Position Changes (Q1 2026)

As of Mar 31, 2026, 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 2026, the filing reported:

New Buys - Grupo Cibest, Allstate Corporation (The), DTE Energy Company, iShares Trust iShares MSCI Saud, Petroleo Brasileiro S.A.- Petro, and 6 more

Increases - Apple Inc., iShares MSCI ACWI ETF, Alaska Air Group, Inc., Aptiv, AngloGold Ashanti, and 36 more

Reductions - Analog Devices, Inc., Barrick Gold, Alibaba Group Holding Limited, Biogen Inc., BP p.l.c., and 41 more

Complete Exits - Ally Financial Inc., Xtrackers Harvest CSI 300 China, Astrazeneca PLC, iShares Inc iShares MSCI South , iShares Inc iShares MSCI Brazil, and 8 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 2026	40090E106 Grupo Cibest	Grupo Cibest	Buy - Position Entry	+132,364	-	$9.64M	132,364
Q1 2026	AAPL Apple Inc.	Apple Inc.	Buy	+25	+2.8%	$234.25K	923
Q1 2026	ACWI iShares MSCI ACWI ETF	iShares MSCI ACWI ETF	Buy	+4,486	+41.0%	$2.13M	15,421
Q1 2026	ADI Analog Devices, Inc.	Analog Devices, Inc.	Sell	-61,211	-23.3%	$64.21M	201,819
Q1 2026	ALK Alaska Air Group, Inc.	Alaska Air Group, Inc.	Buy	+1,067,694	+74.4%	$92.03M	2,502,211
Q1 2026	ALL Allstate Corporation (The)	Allstate Corporation (The)	Buy - Position Entry	+1,005	-	$208.38K	1,005
Q1 2026	ALLY Ally Financial Inc.	Ally Financial Inc.	Sell - Position Exit	-600,850	-100.0%	$0.00	-
Q1 2026	APTV Aptiv	Aptiv	Buy	+14,843	+2.2%	$47.46M	683,463
Q1 2026	ASHR Xtrackers Harvest CSI 300 China	Xtrackers Harvest CSI 300 China	Sell - Position Exit	-28,800	-100.0%	$0.00	-
Q1 2026	AU AngloGold Ashanti	AngloGold Ashanti	Buy	+464,556	+107.0%	$86.24M	898,816
Q1 2026	AVGO Broadcom Inc.	Broadcom Inc.	Buy	+16	+1.9%	$260.92K	843
Q1 2026	AZN Astrazeneca PLC	Astrazeneca PLC	Sell - Position Exit	-1,010,898	-100.0%	$0.00	-
Q1 2026	B Barrick Gold	Barrick Gold	Sell	-6,085,659	-99.9%	$315.62K	7,736
Q1 2026	BA Boeing Company (The)	Boeing Company (The)	Buy	+161,998	+106.6%	$62.48M	313,926
Q1 2026	BABA Alibaba Group Holding Limited	Alibaba Group Holding Limited	Sell	-134,159	-11.2%	$134.10M	1,068,890
Q1 2026	BAH Booz Allen Hamilton Holding Cor	Booz Allen Hamilton Holding Cor	Buy	+461,130	+116.3%	$66.91M	857,462
Q1 2026	BAP Credicorp	Credicorp	Buy	+3,089	+1.3%	$83.14M	245,113
Q1 2026	BCS Barclays PLC	Barclays PLC	Buy	+323,460	+8.6%	$86.21M	4,074,067
Q1 2026	BIIB Biogen Inc.	Biogen Inc.	Sell	-240,318	-46.1%	$51.48M	280,783
Q1 2026	BP BP p.l.c.	BP p.l.c.	Sell	-642,746	-39.2%	$46.90M	997,934
Q1 2026	BTI British American Tobacco Indus	British American Tobacco Indus	Buy	+17,726	+3.7%	$29.29M	500,864
Q1 2026	BUD Anheuser-Busch Inbev SA Sponsor	Anheuser-Busch Inbev SA Sponsor	Sell	-121,212	-17.3%	$40.24M	580,131
Q1 2026	BXP BXP, Inc.	BXP, Inc.	Buy	+108,712	+40.0%	$19.76M	380,761
Q1 2026	C Citigroup, Inc.	Citigroup, Inc.	Sell	-62,514	-9.0%	$72.01M	634,931
Q1 2026	CARR Carrier Global Corporation	Carrier Global Corporation	Buy	+254,051	+13.7%	$118.41M	2,102,878
Q1 2026	CCL Carnival Corporation	Carnival Corporation	Buy	+3,151,811	+9.3%	$960.06M	37,096,593
Q1 2026	CFG Citizens Financial Group, Inc.	Citizens Financial Group, Inc.	Buy	+34,340	+3.4%	$62.88M	1,048,526
Q1 2026	CGAU Centerra Gold Inc.	Centerra Gold Inc.	Sell	-4,762	-0.4%	$22.07M	1,245,027
Q1 2026	CLS Celestica, Inc.	Celestica, Inc.	Sell	-48,493	-66.2%	$6.98M	24,809
Q1 2026	CP Canadian Pacific Kansas City Li	Canadian Pacific Kansas City Li	Sell	-3,804,421	-30.2%	$689.86M	8,792,381

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