Sarah Ketterer - Causeway Capital Management Portfolio
| Period Date | Jun 30, 2025 | |
| Filing Date | Aug 13, 2025 | |
| Total Stocks | 99 | |
| Portfolio Value | $6.32B |
Causeway Capital Management Strategy Analysis
Investment Strategy Metrics
Key metrics revealing investment style, risk management, and performance characteristics
| Metric | Value | Category | Description |
|---|---|---|---|
| Holding Period | 1.9 years | Style | Average duration positions are maintained |
| Position Count | 138 | Style | Number of active positions in portfolio |
| Position Size | 1.2% | Risk | Typical allocation per position |
| Win Rate | 57.3% | Performance | Percentage of profitable positions |
| Average Return | 54.2% | Performance | Mean return across positions |
| Sharpe Ratio | 0.05 | Performance | Return per unit of risk taken |
Investment Case Study: CANADIAN PACIFIC KANSAS CITY LTD (CP)
9/30/2023 - 8/23/2025
Performance Metrics
Total Return: 157.73%
Holding Period: 693 days
Max Position Size: $1,207,605,037.00
Position Weight: 17.45%
Key Events
9/30/2023: ENTRY(4,091,735.00 shares) @ $74.66
12/31/2023: INCREASE(1,470,042.00 shares) @ $79.49
3/31/2024: INCREASE(1,196,061.00 shares) @ $88.21
6/30/2024: INCREASE(1,260,413.00 shares) @ $78.74
9/30/2024: INCREASE(723,783.00 shares) @ $85.61
12/31/2024: INCREASE(6,687,770.00 shares) @ $72.37
3/31/2025: INCREASE(1,778,984.00 shares) @ $70.17
6/30/2025: DECREASE(-2,528,289.00 shares) @ $79.28
Investment Thesis
Entry Context: Initial position established based on fundamental analysis
Sector Conditions: Favorable market conditions in the sector
Risk Factors:
- Market volatility
- Sector-specific risks
Key Learnings
- Position sizing is critical for portfolio management
- Important to monitor sector exposure