Sarah Ketterer - Causeway Capital Management 13F Activity & Position Changes (Q4 2023)

As of Dec 31, 2023, the Causeway Capital Management portfolio activity showed several notable changes in holdings, according to the latest SEC 13F filing reported on Feb 14, 2024. 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 2023, the filing reported:

New Buys - Analog Devices, Inc., Cemex, S.A.B. de C.V. Sponsored, JD.com, Inc., NetEase, Inc., Seagate Technology, and 2 more

Increases - AbbVie Inc., iShares MSCI ACWI ETF, Astrazeneca PLC, Barclays PLC, Berry Global Group, Inc., and 37 more

Reductions - Xtrackers Harvest CSI 300 China, Autohome Inc., Avantor, Inc., Alibaba Group Holding Limited, Banco Bradesco Sa, and 26 more

Complete Exits - Allstate Corporation (The), Baidu, Inc., Baytex Energy Corp, iShares MSCI EAFE ETF, iShares China Large-Cap ETF, and 4 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 2023	ABBV AbbVie Inc.	AbbVie Inc.	Buy	+5,683	+1.4%	$62.43M	402,866
Q4 2023	ACWI iShares MSCI ACWI ETF	iShares MSCI ACWI ETF	Buy	+1,615	+15.0%	$1.26M	12,347
Q4 2023	ADI Analog Devices, Inc.	Analog Devices, Inc.	Buy - Position Entry	+263,109	-	$52.24M	263,109
Q4 2023	ALL Allstate Corporation (The)	Allstate Corporation (The)	Sell - Position Exit	-305,951	-100.0%	$0.00	-
Q4 2023	ASHR Xtrackers Harvest CSI 300 China	Xtrackers Harvest CSI 300 China	Sell	-105,739	-20.0%	$10.13M	423,574
Q4 2023	ATHM Autohome Inc.	Autohome Inc.	Sell	-6,123	-1.3%	$13.45M	479,488
Q4 2023	AVTR Avantor, Inc.	Avantor, Inc.	Sell	-13,427	-0.5%	$58.44M	2,559,572
Q4 2023	AZN Astrazeneca PLC	Astrazeneca PLC	Buy	+105,501	+29.7%	$31.03M	460,722
Q4 2023	BABA Alibaba Group Holding Limited	Alibaba Group Holding Limited	Sell	-194,028	-17.2%	$72.53M	935,720
Q4 2023	BBD Banco Bradesco Sa	Banco Bradesco Sa	Sell	-11,453,994	-17.9%	$184.16M	52,618,058
Q4 2023	BCS Barclays PLC	Barclays PLC	Buy	+926,980	+22.9%	$39.16M	4,969,641
Q4 2023	BERY Berry Global Group, Inc.	Berry Global Group, Inc.	Buy	+149,964	+29.6%	$44.26M	656,814
Q4 2023	BIDU Baidu, Inc.	Baidu, Inc.	Sell - Position Exit	-142,699	-100.0%	$0.00	-
Q4 2023	BP BP p.l.c.	BP p.l.c.	Buy	+173,379	+19.3%	$37.90M	1,070,719
Q4 2023	BTE Baytex Energy Corp	Baytex Energy Corp	Sell - Position Exit	-734,076	-100.0%	$0.00	-
Q4 2023	BTI British American Tobacco Indus	British American Tobacco Indus	Sell	-3,866	-0.7%	$16.29M	556,299
Q4 2023	BUD Anheuser-Busch Inbev SA Sponsor	Anheuser-Busch Inbev SA Sponsor	Buy	+109,625	+36.1%	$26.73M	413,645
Q4 2023	C Citigroup, Inc.	Citigroup, Inc.	Buy	+5,347	+0.4%	$78.70M	1,529,941
Q4 2023	CFG Citizens Financial Group, Inc.	Citizens Financial Group, Inc.	Buy	+234,061	+19.6%	$47.34M	1,428,581
Q4 2023	CHK		Sell	-292,117	-43.4%	$29.32M	381,075
Q4 2023	CNXC Concentrix Corporation	Concentrix Corporation	Sell	-240,319	-36.5%	$41.03M	417,788
Q4 2023	CP Canadian Pacific Kansas City Li	Canadian Pacific Kansas City Li	Buy	+1,470,042	+35.9%	$442.11M	5,561,777
Q4 2023	CSX CSX Corporation	CSX Corporation	Buy	+250,270	+18.4%	$55.88M	1,611,661
Q4 2023	CX Cemex, S.A.B. de C.V. Sponsored	Cemex, S.A.B. de C.V. Sponsored	Buy - Position Entry	+1,580,203	-	$12.25M	1,580,203
Q4 2023	DEO Diageo plc	Diageo plc	Buy	+68,470	+52.1%	$29.13M	199,977
Q4 2023	DGX Quest Diagnostics Incorporated	Quest Diagnostics Incorporated	Buy	+3,013	+0.6%	$67.93M	492,707
Q4 2023	DIS Walt Disney Company (The)	Walt Disney Company (The)	Buy	+13,695	+1.3%	$99.52M	1,102,237
Q4 2023	DQ DAQO New Energy Corp.	DAQO New Energy Corp.	Sell	-274,489	-37.0%	$12.43M	467,194
Q4 2023	EFA iShares MSCI EAFE ETF	iShares MSCI EAFE ETF	Sell - Position Exit	-4,789,941	-100.0%	$0.00	-
Q4 2023	FI Fiserv, Inc.	Fiserv, Inc.	Sell	-123,180	-18.6%	$71.74M	540,050

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