13F filing recap · Q3 2014

What did Causeway Capital Management buy in Q3 2014?

Reported stock-position changes between this filing and the previous one. US-listed stocks across every Causeway account, including accounts that belong to no fund below.

Stock value

$2.88B

Positions

Estimated turnover

29.1%

Turnover is a proxy: verified trade-origin share changes valued at period-end and divided by average reported stock value. SEC holdings reports do not disclose execution dates or prices. Corporate actions and unreconciled activity are excluded.

New positions

LLYEli Lilly & Co$94.69Mreported value+1.34M shares CVXChevron Corp$89.33Mreported value+687.3K shares SNXTD Synnex Corporation$74.38Mreported value+1.06M shares KMTUYKomatsu Ltd$11.92Mreported value+514.6K shares CLZNYClariant AG$8.85Mreported value+514.3K shares

Increased positions

CSXCsx Corporation$131.10Mreported value+34.8K shares+0.9%EMCEmc Corp$129.14Mreported value+3.9K shares+0.1%ORCLOracle Corporation$127.73Mreported value+69.3K shares+2.3%RYAAYRyanair Holdings Plc$123.26Mreported value+137.6K shares

Reduced positions

MSFTMicrosoft Corporation$157.46Mreported value-30.4K shares-1.0%CCitigroup Inc$149.56Mreported value-93.2K shares-3.4%UNHUnitedHealth Group Incorporated$100.73Mreported value-366.9K shares-25.4%WFCWells Fargo & Company/mn$93.82Mreported value-186.5K shares

Exited positions

APCAnadarko Petroleum Corporation$78.36Mprior reported value-690.2K shares-100.0%AALAmerican Airlines Group Inc.$54.02Mprior reported value-1.21M shares-100.0%KEPKorea Electric Power Corp$14.28Mprior reported value-1.54M shares-100.0%RDS-AShell Plc$8.53Mprior reported value-104.3K shares