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

According to the SEC 13F filed on Feb 14, 2024, the Causeway Capital Management portfolio showed several notable changes in holdings as of quarter-end Dec 31, 2023. 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

Page 1 of 3