13F filing recap · Q2 2018

What did Causeway Capital Management buy in Q2 2018?

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

$9.90B

Positions

Estimated turnover

49.2%

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

DDominion Energy, Inc$151.53Mreported value+2.22M shares ZBHZimmer Biomet Holdings, Inc.$132.38Mreported value+1.19M shares VALEVale S.a.$114.84Mreported value+8.96M shares LDOSLeidos Holdings, Inc.$56.05Mreported value+949.9K shares INDAiShares Trust$19.04Mreported value+572.0K shares HTHTH World Group Ltd$18.98Mreported value+368.9K shares KBKb Financial Group Inc.$1.86Mreported value+39.6K shares SHGShinhan Financial Group Co., Ltd.$1.09Mreported value+28.4K shares ASHRDbx ETF Trust$902.0Kreported value+34.0K shares

Increased positions

MFCManulife Financial Corporation$959.71Mreported value+2.73M shares+5.4%BIDUBaidu, Inc.$949.72Mreported value+326.9K shares+9.1%GILGildan Activewear Inc.$443.62Mreported value+1.16M shares+7.9%CCitigroup Inc$331.43Mreported value+784.3K shares

Reduced positions

CPCanadian Pacific Kansas City Ltd/cn$868.18Mreported value-3.81M shares-73.4%OVVOvintiv Inc.$721.01Mreported value-10.34M shares-15.8%BABAAlibaba Group Holding Limited$333.08Mreported value-38.6K shares-2.1%HALHalliburton Company$264.92Mreported value-745.8K shares

Exited positions

VALE.PVale S.a.$108.35Mprior reported value-8.52M shares-100.0%VSSVanguard International Equity Index Funds$1.28Mprior reported value-10.7K shares-100.0%KTKt Corporation$1.00Mprior reported value-73.2K shares-100.0%HTHTH World Group Ltd$164.0Kprior reported value-1.2K shares