Sarah Ketterer's Top Holdings in Q4 2025 Show Significant Shifts
Causeway Capital Management's Sarah Ketterer saw notable changes in her top holdings as of Dec 31, 2025, with SMURFIT WESTROCK seeing a massive increase while several other positions decreased significantly.
Sarah Ketterer, managing director at Causeway Capital Management, saw her investment strategy reflected in her top holdings as of December 31, 2025. Her portfolio, valued at approximately $7.27 billion, held a diverse set of stocks, with Carnival Corporation (CCL) leading at 14.26% allocation, followed by Canadian Pacific Kansas City Ltd. (CP) at 12.78%.
Among the top holdings, SMURFIT WESTROCK PLC (SW) showed the most dramatic change, with a 154.33% increase in shares held during the period. Deutsche Bank AG (DB) experienced a significant reduction, with a nearly 19.44% decrease in shares. Barrick Mining Corp. (B) also saw a substantial reduction, with a 61.17% decrease in shares.
Other notable changes included COGNIZANT TECHNOLOGY SOLUTIONS CORP (CTSH) increasing its share count by 14.97%, while ALIBABA GROUP HOLDING LTD (BABA) decreased by 2.31%. Ketterer also maintained positions in TAIWAN SEMICONDUCTOR MANUFACTURING CO LTD (TSM), MERCK & CO INC (MRK), and others, though the latter saw a significant reduction in shares.
For more information on Sarah Ketterer's investment profile, visit https://www.insiderset.com/investor/sarah-ketterer-causeway-capital-management. You can explore each stock's profile by visiting their respective pages on Insiderset, such as Carnival Corporation, Smurfit Werock PLC, and Deutsche Bank AG.