Sarah Ketterer - Causeway Capital Management 13F Activity & Position Changes (Q2 2025)
According to the SEC 13F filed on Aug 13, 2025, the Causeway Capital Management portfolio showed several notable changes in holdings as of quarter-end Jun 30, 2025. 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 2025, the filing reported:
New Buys - Barrick Gold, Booking Holdings Inc. Common St, BXP, Inc., Centerra Gold Inc., PagSeguro Digital, and 13 more
Increases - Atour Lifestyle Holdings Limite, AngloGold Ashanti, Astrazeneca PLC, Credicorp, Barclays PLC, and 38 more
Reductions - Apple Inc., iShares MSCI ACWI ETF, Analog Devices, Inc., Ally Financial Inc., Aptiv, and 28 more
Complete Exits - Banco Bradesco Sa, Quest Diagnostics Incorporated, Embraer S.A., Barrick Gold Corporation, JinkoSolar Holding Company Limi, and 3 more
These updates highlight how the portfolio adjusted across different sectors and market conditions, offering insights into allocation shifts and investment trends.
| Date | Symbol | Type | Change Qty |
|---|---|---|---|
|
Q2 2025
|
AAPL
Apple Inc.
|
Sell |
-2
|
|
Q2 2025
|
ACWI
iShares MSCI ACWI ETF
|
Sell |
-3,144
|
|
Q2 2025
|
ADI
Analog Devices, Inc.
|
Sell |
-68,421
|
|
Q2 2025
|
ALLY
Ally Financial Inc.
|
Sell |
-48,347
|
|
Q2 2025
|
APTV
Aptiv
|
Sell |
-142,048
|
|
Q2 2025
|
ATAT
Atour Lifestyle Holdings Limite
|
Buy |
+30,248
|
|
Q2 2025
|
AU
AngloGold Ashanti
|
Buy |
+404,631
|
|
Q2 2025
|
AZN
Astrazeneca PLC
|
Buy |
+95,561
|
|
Q2 2025
|
B
Barrick Gold
|
Buy - Position Entry |
+17,653,416
|
|
Q2 2025
|
BABA
Alibaba Group Holding Limited
|
Sell |
-113,541
|
|
Q2 2025
|
BAP
Credicorp
|
Buy |
+138,231
|
|
Q2 2025
|
BBD
Banco Bradesco Sa
|
Sell - Position Exit |
-3,598,612
|
|
Q2 2025
|
BCS
Barclays PLC
|
Buy |
+152,236
|
|
Q2 2025
|
BIIB
Biogen Inc.
|
Buy |
+59,838
|
|
Q2 2025
|
BKNG
Booking Holdings Inc. Common St
|
Buy - Position Entry |
+37
|
|
Q2 2025
|
BP
BP p.l.c.
|
Buy |
+24,013
|
|
Q2 2025
|
BTI
British American Tobacco Indus
|
Sell |
-78,328
|
|
Q2 2025
|
BUD
Anheuser-Busch Inbev SA Sponsor
|
Sell |
-44,440
|
|
Q2 2025
|
BXP
BXP, Inc.
|
Buy - Position Entry |
+272,795
|
|
Q2 2025
|
C
Citigroup, Inc.
|
Sell |
-90,929
|
|
Q2 2025
|
CCL
Carnival Corporation
|
Buy |
+2,563,008
|
|
Q2 2025
|
CFG
Citizens Financial Group, Inc.
|
Buy |
+28,775
|
|
Q2 2025
|
CGAU
Centerra Gold Inc.
|
Buy - Position Entry |
+635,501
|
|
Q2 2025
|
CLS
Celestica, Inc.
|
Sell |
-21,565
|
|
Q2 2025
|
CP
Canadian Pacific Kansas City Li
|
Sell |
-2,528,289
|
|
Q2 2025
|
CTSH
Cognizant Technology Solutions
|
Buy |
+263,483
|
|
Q2 2025
|
DB
Deutsche Bank
|
Buy |
+17,801,643
|
|
Q2 2025
|
DEO
Diageo plc
|
Buy |
+124,044
|
|
Q2 2025
|
DGX
Quest Diagnostics Incorporated
|
Sell - Position Exit |
-120,400
|
|
Q2 2025
|
DIS
Walt Disney Company (The)
|
Sell |
-330,175
|
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