Sarah Ketterer - Causeway Capital Management 13F Activity & Position Changes (Q4 2018)

As of Dec 31, 2018, 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 Q4 2018, the filing reported:

New Buys - Alaska Air Group, Inc., FedEx Corporation, Marathon Petroleum Corporation, TD SYNNEX Corporation, Takeda Pharmaceutical Company L

Increases - Bank of America Corporation, Credicorp, Baidu, Inc., British American Tobacco Indus, Citigroup, Inc., and 22 more

Reductions - Advance Auto Parts Inc., ABB Ltd., Alibaba Group Holding Limited, Barclays PLC, BP p.l.c., and 17 more

Complete Exits - iShares MSCI Emerging Index Fun, SAP SE, SM Energy Company, UBS Group

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
Q4 2018	AAP Advance Auto Parts Inc.	Advance Auto Parts Inc.	Sell	-845,984	-49.4%	$136.27K	865,452
Q4 2018	ABBNY ABB Ltd.	ABB Ltd.	Sell	-142,499	-8.8%	$27.95K	1,470,211
Q4 2018	ALK Alaska Air Group, Inc.	Alaska Air Group, Inc.	Buy - Position Entry	+3,165,808	-	$192.64K	3,165,808
Q4 2018	BABA Alibaba Group Holding Limited	Alibaba Group Holding Limited	Sell	-92,849	-5.2%	$233.40K	1,702,766
Q4 2018	BAC Bank of America Corporation	Bank of America Corporation	Buy	+1,220,547	+15.9%	$219.15K	8,893,977
Q4 2018	BAP Credicorp	Credicorp	Buy	+22,263	+5.4%	$96.83K	436,829
Q4 2018	BCS Barclays PLC	Barclays PLC	Sell	-555,039	-13.7%	$26.41K	3,502,203
Q4 2018	BIDU Baidu, Inc.	Baidu, Inc.	Buy	+846,815	+19.2%	$833.02K	5,252,361
Q4 2018	BP BP p.l.c.	BP p.l.c.	Sell	-49,904	-7.1%	$24.91K	657,027
Q4 2018	BTI British American Tobacco Indus	British American Tobacco Indus	Buy	+84,511	+9.9%	$29.85K	936,882
Q4 2018	C Citigroup, Inc.	Citigroup, Inc.	Buy	+737,544	+14.8%	$296.99K	5,704,794
Q4 2018	CM Canadian Imperial Bank of Comme	Canadian Imperial Bank of Comme	Buy	+1,609,735	+129.5%	$212.64K	2,852,739
Q4 2018	CUK Carnival Plc	Carnival Plc	Sell	-47,943	-15.5%	$12.75K	261,672
Q4 2018	D Dominion Energy, Inc.	Dominion Energy, Inc.	Sell	-2,502,283	-100.0%	$3.00	44
Q4 2018	DEO Diageo plc	Diageo plc	Sell	-119,081	-99.9%	$18.00	124
Q4 2018	DQ DAQO New Energy Corp.	DAQO New Energy Corp.	Buy	+504	+1.7%	$718.00	30,704
Q4 2018	EEM iShares MSCI Emerging Index Fun	iShares MSCI Emerging Index Fun	Sell - Position Exit	-11,420	-100.0%	$0.00	-
Q4 2018	EPI WisdomTree India Earnings Fund	WisdomTree India Earnings Fund	Buy	+185,100	+7.5%	$65.98K	2,660,365
Q4 2018	FDX FedEx Corporation	FedEx Corporation	Buy - Position Entry	+331,444	-	$53.47K	331,444
Q4 2018	FE FirstEnergy Corp.	FirstEnergy Corp.	Sell	-2,791,516	-38.6%	$166.82K	4,442,599
Q4 2018	FLS Flowserve Corporation	Flowserve Corporation	Buy	+845,582	+17.6%	$214.41K	5,639,538
Q4 2018	GIL Gildan Activewear, Inc.	Gildan Activewear, Inc.	Sell	-163,139	-1.0%	$473.66K	15,601,389
Q4 2018	GLIN VanEck India Growth Leaders ETF	VanEck India Growth Leaders ETF	Sell	-72,072	-77.5%	$885.00	20,877
Q4 2018	HAL Halliburton Company	Halliburton Company	Buy	+2,524,964	+29.3%	$296.07K	11,138,926
Q4 2018	HTHT H World Group Limited	H World Group Limited	Sell	-1,600	-98.0%	$1.00	32
Q4 2018	IBN ICICI Bank Limited	ICICI Bank Limited	Buy	+237,569	+4.9%	$52.41K	5,093,731
Q4 2018	INFY Infosys Limited	Infosys Limited	Buy	+3,388,500	+1147.7%	$35.07K	3,683,732
Q4 2018	ING ING Group, N.V.	ING Group, N.V.	Buy	+369,447	+67.3%	$9.79K	918,340
Q4 2018	LDOS Leidos Holdings, Inc.	Leidos Holdings, Inc.	Buy	+398,225	+21.4%	$119.04K	2,258,039
Q4 2018	LLY Eli Lilly and Company	Eli Lilly and Company	Sell	-1,107,491	-100.0%	$9.00	81

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