Sarah Ketterer - Causeway Capital Management 13F Activity & Position Changes (Q3 2020)

According to the SEC 13F filed on Nov 13, 2020, the Causeway Capital Management portfolio showed several notable changes in holdings as of quarter-end Sep 30, 2020. 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 Q3 2020, the filing reported:

New Buys - AFLAC Incorporated, Alaska Air Group, Inc., Booking Holdings Inc. Common St, BXP, Inc., ConocoPhillips, and 5 more

Increases - Ashland Inc., Alibaba Group Holding Limited, Banco Bilbao Vizcaya Argentaria, Barclays PLC, BP p.l.c., and 19 more

Reductions - ABB Ltd., Xtrackers Harvest CSI 300 China, Broadcom Inc., Baidu, Inc., B2Gold Corp, and 25 more

Complete Exits - Credicorp, WisdomTree India Earnings Fund, Freeport-McMoRan, Inc., JinkoSolar Holding Company Limi, Nordstrom, Inc., 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
Q3 2020	ABBNY ABB Ltd.	ABB Ltd.	Sell	-410,279	-29.1%	$25.39K	997,728
Q3 2020	AFL AFLAC Incorporated	AFLAC Incorporated	Buy - Position Entry	+1,603,016	-	$58.27K	1,603,016
Q3 2020	ALK Alaska Air Group, Inc.	Alaska Air Group, Inc.	Buy - Position Entry	+1,563,096	-	$57.26K	1,563,096
Q3 2020	ASH Ashland Inc.	Ashland Inc.	Buy	+27,325	+1.7%	$114.42K	1,613,300
Q3 2020	ASHR Xtrackers Harvest CSI 300 China	Xtrackers Harvest CSI 300 China	Sell	-46,077	-6.5%	$22.84K	662,402
Q3 2020	AVGO Broadcom Inc.	Broadcom Inc.	Sell	-81,709	-31.5%	$64.65K	177,456
Q3 2020	BABA Alibaba Group Holding Limited	Alibaba Group Holding Limited	Buy	+168,973	+8.7%	$622.71K	2,118,196
Q3 2020	BAP Credicorp	Credicorp	Sell - Position Exit	-217,161	-100.0%	$0.00	-
Q3 2020	BBVA Banco Bilbao Vizcaya Argentaria	Banco Bilbao Vizcaya Argentaria	Buy	+2,246,530	+65.8%	$15.51K	5,661,473
Q3 2020	BCS Barclays PLC	Barclays PLC	Buy	+172,502	+4.6%	$19.66K	3,924,680
Q3 2020	BIDU Baidu, Inc.	Baidu, Inc.	Sell	-2,030,210	-33.4%	$512.85K	4,051,280
Q3 2020	BKNG Booking Holdings Inc. Common St	Booking Holdings Inc. Common St	Buy - Position Entry	+44,411	-	$75.97K	44,411
Q3 2020	BP BP p.l.c.	BP p.l.c.	Buy	+129,923	+22.8%	$12.23K	700,280
Q3 2020	BTG B2Gold Corp	B2Gold Corp	Sell	-2,400	-2.8%	$546.00	83,800
Q3 2020	BTI British American Tobacco Indus	British American Tobacco Indus	Buy	+32,228	+5.0%	$24.62K	681,051
Q3 2020	BXP BXP, Inc.	BXP, Inc.	Buy - Position Entry	+441,175	-	$35.43K	441,175
Q3 2020	C Citigroup, Inc.	Citigroup, Inc.	Sell	-108,638	-4.8%	$92.95K	2,156,121
Q3 2020	COP ConocoPhillips	ConocoPhillips	Buy - Position Entry	+1,209,722	-	$39.73K	1,209,722
Q3 2020	DIS Walt Disney Company (The)	Walt Disney Company (The)	Buy	+196,846	+42.5%	$81.84K	659,594
Q3 2020	DQ DAQO New Energy Corp.	DAQO New Energy Corp.	Sell	-33,543	-67.8%	$2.16K	15,941
Q3 2020	EPI WisdomTree India Earnings Fund	WisdomTree India Earnings Fund	Sell - Position Exit	-1,000,429	-100.0%	$0.00	-
Q3 2020	EXC Exelon Corporation	Exelon Corporation	Buy	+416,260	+35.1%	$57.32K	1,602,852
Q3 2020	FCX Freeport-McMoRan, Inc.	Freeport-McMoRan, Inc.	Sell - Position Exit	-3,729,917	-100.0%	$0.00	-
Q3 2020	FDX FedEx Corporation	FedEx Corporation	Sell	-427,864	-59.4%	$73.48K	292,162
Q3 2020	G Genpact	Genpact	Sell	-163,787	-13.6%	$40.54K	1,040,884
Q3 2020	G25839104 Coca-Cola Europacific	Coca-Cola Europacific	Sell	-514,461	-11.6%	$152.50K	3,927,679
Q3 2020	G3198U102 Essent Group	Essent Group	Buy	+342,351	+29.6%	$55.52K	1,500,137
Q3 2020	GOOG Alphabet Inc.	Alphabet Inc.	Buy - Position Entry	+69,077	-	$101.52K	69,077
Q3 2020	HDB HDFC Bank Limited	HDFC Bank Limited	Buy	+319,832	+208.9%	$23.63K	472,968
Q3 2020	IBN ICICI Bank Limited	ICICI Bank Limited	Sell	-241,111	-3.9%	$58.08K	5,908,271

Page 1 of 3