Sarah Ketterer - Causeway Capital Management 13F Activity & Position Changes (Q2 2014)

As of Jun 30, 2014, 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 Q2 2014, the filing reported:

New Buys - iShares MSCI Emerging Index Fun, Mattel, Inc., Vanguard FTSE Emerging Markets

Increases - AXA, Barclays PLC, British American Tobacco Indus, Citigroup, Inc., Carnival Corporation, and 22 more

Reductions - American Airlines Group, Inc., Boeing Company (The), China Yuchai, Fomento Economico Mexicano S.A., Imperial Oil Limited, and 8 more

Complete Exits - ABB Ltd., Western Union Company (The)

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
Q2 2014	AAL American Airlines Group, Inc.	American Airlines Group, Inc.	Sell	-1,514,300	-55.5%	$54.02K	1,211,799
Q2 2014	ABBNY ABB Ltd.	ABB Ltd.	Sell - Position Exit	-534,319	-100.0%	$0.00	-
Q2 2014	AXAHY AXA	AXA	Buy	+43,410	+13.0%	$8.65K	376,447
Q2 2014	BA Boeing Company (The)	Boeing Company (The)	Sell	-90,700	-13.8%	$74.23K	565,022
Q2 2014	BCS Barclays PLC	Barclays PLC	Buy	+287,801	+26.3%	$21.00K	1,383,120
Q2 2014	BTI British American Tobacco Indus	British American Tobacco Indus	Buy	+21,500	+10.4%	$26.71K	227,477
Q2 2014	C Citigroup, Inc.	Citigroup, Inc.	Buy	+524,700	+23.6%	$134.06K	2,747,704
Q2 2014	CCL Carnival Corporation	Carnival Corporation	Buy	+255,400	+18.4%	$64.09K	1,640,400
Q2 2014	CSX CSX Corporation	CSX Corporation	Buy	+1,375,900	+58.4%	$119.07K	3,732,451
Q2 2014	CUK Carnival Plc	Carnival Plc	Buy	+90,312	+40.9%	$11.23K	310,873
Q2 2014	CYD China Yuchai	China Yuchai	Sell	-5,569	-3.3%	$3.46K	163,300
Q2 2014	DIS Walt Disney Company (The)	Walt Disney Company (The)	Buy	+73,200	+16.6%	$45.84K	515,100
Q2 2014	EEM iShares MSCI Emerging Index Fun	iShares MSCI Emerging Index Fun	Buy - Position Entry	+499,700	-	$21.60K	499,700
Q2 2014	EPI WisdomTree India Earnings Fund	WisdomTree India Earnings Fund	Buy	+397,400	+18.5%	$57.11K	2,541,700
Q2 2014	FAF First American Corporation (New	First American Corporation (New	Buy	+846,456	+37.2%	$90.02K	3,123,338
Q2 2014	FMX Fomento Economico Mexicano S.A.	Fomento Economico Mexicano S.A.	Sell	-17,300	-88.3%	$215.00	2,300
Q2 2014	HSBC HSBC Holdings, plc.	HSBC Holdings, plc.	Buy	+56,395	+16.8%	$20.91K	391,613
Q2 2014	IBN ICICI Bank Limited	ICICI Bank Limited	Buy	+287,700	+2320.2%	$14.97K	300,100
Q2 2014	IMO Imperial Oil Limited	Imperial Oil Limited	Sell	-79,528	-28.2%	$10.41K	202,696
Q2 2014	INFY Infosys Limited	Infosys Limited	Sell	-5,695	-34.9%	$570.00	10,600
Q2 2014	JNJ Johnson & Johnson	Johnson & Johnson	Buy	+140,900	+20.2%	$90.91K	837,250
Q2 2014	KEP Korea Electric Power Corporatio	Korea Electric Power Corporatio	Buy	+110,342	+7.7%	$14.28K	1,541,876
Q2 2014	KT KT Corporation	KT Corporation	Sell	-77,219	-50.5%	$1.15K	75,800
Q2 2014	LYG Lloyds Banking Group Plc	Lloyds Banking Group Plc	Buy	+367,391	+10.3%	$19.75K	3,933,885
Q2 2014	MAT Mattel, Inc.	Mattel, Inc.	Buy - Position Entry	+253,000	-	$10.23K	253,000
Q2 2014	MO Altria Group, Inc.	Altria Group, Inc.	Buy	+300,200	+19.5%	$80.04K	1,837,700
Q2 2014	MSFT Microsoft Corporation	Microsoft Corporation	Buy	+430,500	+15.8%	$136.19K	3,148,133
Q2 2014	NVS Novartis AG	Novartis AG	Sell	-6,491	-2.0%	$27.89K	320,852
Q2 2014	ORCL Oracle Corporation	Oracle Corporation	Buy	+446,700	+17.5%	$126.13K	3,004,889
Q2 2014	PBR-A Petroleo Brasileiro S.A.- Petro	Petroleo Brasileiro S.A.- Petro	Sell	-120,800	-13.3%	$12.28K	785,300

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