Sarah KettererCauseway Capital Management Portfolio Activity & Recent Trades (Jun 30, 2025)


As of Jun 30, 2025, the Causeway Capital Management portfolio activity showed several notable changes in holdings, according to the latest SEC 13F filing reported on Aug 13, 2025. 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 Q2 2025, the filing reported:


New BuysBarrick Gold (B), PagSeguro Digital (G68707101), XP Inc (XP), Gold Fields Limited (GFI), Korea Electric Power Corporatio (KEP), and 13 more
IncreasesDeutsche Bank (DB), Smurfit WestRock (SW), Carnival Corporation (CCL), Tencent Music Entertainment Gro (TME), JOYY Inc. (YY), and 38 more
ReductionsApple Inc. (AAPL), NVIDIA Corporation (NVDA), GSK plc (GSK), Vanguard FTSE All-Wld ex-US SmC (VSS), Taiwan Semiconductor Manufactur (TSM), and 28 more
Complete ExitsShell PLC (SHEL), JinkoSolar Holding Company Limi (JKS), PDD Holdings Inc. (PDD), Quest Diagnostics Incorporated (DGX), Veren Inc. (VRN), and 3 more

These updates highlight how the portfolio adjusted across different sectors and market conditions, offering insights into allocation shifts and investment trends.

Causeway Capital Management Activity

DateSymbolTypeQuantity
Q1 2025Mar 31, 2025
BBD
Banco Bradesco Sa
Sell
-32,714,894-90.1%
Q4 2024Dec 31, 2024
GOLD
Barrick Gold Corporation
Buy - Position Entry
+11,112,293
Q4 2024Dec 31, 2024
CP
Canadian Pacific Kansas City Li
Buy
+6,687,770+76.5%
Q4 2024Dec 31, 2024
XP
XP Inc
Buy - Position Entry
+1,728,899
Q4 2024Dec 31, 2024
VEA
Vanguard FTSE Developed Markets
Buy
+780,830+160.8%
Q4 2024Dec 31, 2024
MRK
Merck & Company, Inc.
Buy - Position Entry
+584,473
Q4 2024Dec 31, 2024
AU
AngloGold Ashanti
Buy - Position Entry
+501,799
Q4 2024Dec 31, 2024
M9T951109
ZIM
Buy
+491,093+509.3%
Q4 2024Dec 31, 2024
CHKP
Check Point
Buy
+487,823+33.8%
Q4 2024Dec 31, 2024
BCS
Barclays PLC
Buy
+484,497+8.9%
Q4 2024Dec 31, 2024
SNN
Smith & Nephew SNATS, Inc.
Buy - Position Entry
+480,888
Q4 2024Dec 31, 2024
RDY
Dr. Reddy's Laboratories Ltd
Buy
+431,444+400.0%
Q4 2024Dec 31, 2024
ALLY
Ally Financial Inc.
Buy - Position Entry
+423,364
Q4 2024Dec 31, 2024
ING
ING Group, N.V.
Buy
+416,762+38.8%
Q4 2024Dec 31, 2024
AZN
Astrazeneca PLC
Buy
+341,431+69.6%
Q4 2024Dec 31, 2024
G0692U109
Axis Capital
Buy
+321,608+79.1%
Q4 2024Dec 31, 2024
PHG
Koninklijke Philips N.V. NY Reg
Buy
+303,428+24.0%
Q4 2024Dec 31, 2024
WB
Weibo Corporation
Buy
+292,086+14.8%
Q4 2024Dec 31, 2024
BIIB
Biogen Inc.
Buy - Position Entry
+281,702
Q4 2024Dec 31, 2024
BA
Boeing Company (The)
Buy
+265,173+705.7%
Q4 2024Dec 31, 2024
WIT
Wipro Limited
Buy
+244,403+100.0%
Q4 2024Dec 31, 2024
ATAT
Atour Lifestyle Holdings Limite
Buy - Position Entry
+193,682
Q4 2024Dec 31, 2024
SNY
Sanofi
Buy
+192,954+38.8%
Q4 2024Dec 31, 2024
SE
Sea Limited
Buy - Position Entry
+185,494
Q4 2024Dec 31, 2024
GSK
GSK plc
Buy
+179,174+20.0%
Q4 2024Dec 31, 2024
MT
Arcelor Mittal NY Registry Shar
Buy
+121,155+12.8%
Q4 2024Dec 31, 2024
BP
BP p.l.c.
Buy
+117,605+9.9%
Q4 2024Dec 31, 2024
KSA
iShares Trust iShares MSCI Saud
Buy
+108,785+100.9%
Q4 2024Dec 31, 2024
BAP
Credicorp
Buy
+102,101+151.3%
Q4 2024Dec 31, 2024
BUD
Anheuser-Busch Inbev SA Sponsor
Buy
+65,691+12.9%
Page 8 of 1113329 total trades