Sarah Ketterer - Causeway Capital Management 13F Activity & Position Changes (Q4 2019)

According to the SEC 13F filed on Aug 13, 2026, the Causeway Capital Management portfolio showed several notable changes in holdings as of quarter-end Dec 31, 2019. 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 2019, the filing reported:

New Buys - Ashland Inc., iShares MSCI Emerging Index Fun, Exelon Corporation, FedEx Corporation, Paramount Global, and 2 more

Increases - Xtrackers Harvest CSI 300 China, Alibaba Group Holding Limited, Baidu, Inc., BP p.l.c., Chunghwa Telecom Co., Ltd., and 12 more

Reductions - ABB Ltd., Alaska Air Group, Inc., Azul S.A., Credicorp, Barclays PLC, and 27 more

Complete Exits - Bank of America Corporation, Brixmor Property Group Inc., Banco Santander Brasil SA, Flowserve Corporation, Mondelez International, Inc., 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	Name	Type	Change Qty	% Change	Value	Remaining
Q4 2019	ABBNY ABB Ltd.	ABB Ltd.	Sell	-426,420	-20.8%	$39.16K	1,625,509
Q4 2019	ALK Alaska Air Group, Inc.	Alaska Air Group, Inc.	Sell	-2,300,443	-67.4%	$75.47K	1,114,019
Q4 2019	ASH Ashland Inc.	Ashland Inc.	Buy - Position Entry	+1,448,021	-	$110.82K	1,448,021
Q4 2019	ASHR Xtrackers Harvest CSI 300 China	Xtrackers Harvest CSI 300 China	Buy	+104,282	+23.8%	$16.10K	543,079
Q4 2019	AZUL Azul S.A.	Azul S.A.	Sell	-26,969	-15.8%	$6.14K	143,375
Q4 2019	BABA Alibaba Group Holding Limited	Alibaba Group Holding Limited	Buy	+138,850	+7.0%	$451.38K	2,128,139
Q4 2019	BAC Bank of America Corporation	Bank of America Corporation	Sell - Position Exit	-1,519,106	-100.0%	$0.00	-
Q4 2019	BAP Credicorp	Credicorp	Sell	-12,551	-4.0%	$64.67K	303,414
Q4 2019	BCS Barclays PLC	Barclays PLC	Sell	-784,991	-18.1%	$33.77K	3,547,028
Q4 2019	BIDU Baidu, Inc.	Baidu, Inc.	Buy	+1,116,024	+20.3%	$833.89K	6,617,939
Q4 2019	BP BP p.l.c.	BP p.l.c.	Buy	+47,436	+7.2%	$26.58K	704,290
Q4 2019	BRX Brixmor Property Group Inc.	Brixmor Property Group Inc.	Sell - Position Exit	-3,779,232	-100.0%	$0.00	-
Q4 2019	BSBR Banco Santander Brasil SA	Banco Santander Brasil SA	Sell - Position Exit	-231,400	-100.0%	$0.00	-
Q4 2019	BTI British American Tobacco Indus	British American Tobacco Indus	Sell	-9,286	-1.1%	$35.84K	843,990
Q4 2019	C Citigroup, Inc.	Citigroup, Inc.	Sell	-510,551	-16.9%	$200.63K	2,511,280
Q4 2019	CHT Chunghwa Telecom Co., Ltd.	Chunghwa Telecom Co., Ltd.	Buy	+17,928	+40.6%	$2.29K	62,128
Q4 2019	CM Canadian Imperial Bank of Comme	Canadian Imperial Bank of Comme	Sell	-7,484	-0.3%	$225.86K	2,714,701
Q4 2019	EEM iShares MSCI Emerging Index Fun	iShares MSCI Emerging Index Fun	Buy - Position Entry	+22,000	-	$987.00	22,000
Q4 2019	EPI WisdomTree India Earnings Fund	WisdomTree India Earnings Fund	Sell	-92,400	-6.7%	$31.88K	1,280,953
Q4 2019	EWT iShares Inc iShares MSCI Taiwan	iShares Inc iShares MSCI Taiwan	Buy	+28,519	+48.2%	$3.61K	87,719
Q4 2019	EXC Exelon Corporation	Exelon Corporation	Buy - Position Entry	+2,153,113	-	$98.16K	2,153,113
Q4 2019	FDX FedEx Corporation	FedEx Corporation	Buy - Position Entry	+993,057	-	$150.16K	993,057
Q4 2019	FE FirstEnergy Corp.	FirstEnergy Corp.	Sell	-114,198	-3.5%	$151.29K	3,113,024
Q4 2019	FLS Flowserve Corporation	Flowserve Corporation	Sell - Position Exit	-1,834,057	-100.0%	$0.00	-
Q4 2019	GGB Gerdau S.A.	Gerdau S.A.	Sell	-294,779	-96.5%	$52.00	10,700
Q4 2019	GIL Gildan Activewear, Inc.	Gildan Activewear, Inc.	Sell	-5,383,532	-50.7%	$154.74K	5,240,087
Q4 2019	HAL Halliburton Company	Halliburton Company	Sell	-93,035	-0.9%	$257.30K	10,514,935
Q4 2019	HDB HDFC Bank Limited	HDFC Bank Limited	Buy	+7,000	+20.8%	$2.58K	40,636
Q4 2019	IBN ICICI Bank Limited	ICICI Bank Limited	Sell	-241,867	-3.9%	$88.95K	5,894,545
Q4 2019	INFY Infosys Limited	Infosys Limited	Sell	-261,200	-23.1%	$8.95K	867,182

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