Sarah Ketterer - Causeway Capital Management Portfolio
| Period Date | Mar 31, 2025 | |
| Filing Date | May 14, 2025 | |
| Total Stocks | 90 | |
| Portfolio Value | $4.78B |
Causeway Capital Management Strategy Analysis
Investment Strategy Metrics
Key metrics revealing investment style, risk management, and performance characteristics
| Metric | Value | Category | Description |
|---|---|---|---|
| Holding Period | 1.8 years | Style | Average duration positions are maintained |
| Position Count | 131 | Style | Number of active positions in portfolio |
| Position Size | 1.3% | Risk | Typical allocation per position |
| Win Rate | 57.2% | Performance | Percentage of profitable positions |
| Average Return | 56.7% | 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 - 7/6/2025
Performance Metrics
Total Return: 161.35%
Holding Period: 645 days
Max Position Size: $1,207,605,037.00
Position Weight: 17.31%
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
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