13F filing recap · Q3 2022

What did Causeway Capital Management buy in Q3 2022?

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

$3.57B

Positions

Estimated turnover

32.4%

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

EFViShares Trust$161.71Mreported value+4.20M shares KWEBKraneshares Trust$19.19Mreported value+778.9K shares FXIiShares Trust$19.10Mreported value+738.6K shares ASHRDbx ETF Trust$18.46Mreported value+681.3K shares AVTRAvantor, Inc.$18.41Mreported value+939.3K shares TMETencent Music Entertainment Group$13.87Mreported value+3.42M shares EWYIshares, Inc.$12.47Mreported value+263.2K shares RIORio Tinto Plc$8.56Mreported value+155.5K shares BUDAnheuser-Busch Inbev Sa/nv$5.92Mreported value+131.1K shares MTArcelormittal$3.95Mreported value+198.5K shares VIPSVipshop Holdings Limited$3.87Mreported value+460.5K shares MOMOHello Group Inc.$1.96Mreported value+424.9K shares URTHIshares, Inc.$1.72Mreported value+17.2K shares SPYSPDR S&P 500 ETF Trust$900.0Kreported value+2.5K shares

Increased positions

RYAAYRyanair Holdings Plc$445.95Mreported value+887.2K shares+13.2%EFAiShares Trust$239.13Mreported value+4.25M shares+20236.5%BABAAlibaba Group Holding Limited$80.81Mreported value+175.3K shares+21.0%GOOGAlphabet Inc.$63.25Mreported value+620.7K shares

Reduced positions

CNICanadian National Railway Company$503.17Mreported value-410.6K shares-8.1%TSMTaiwan Semiconductor Manufacturing$231.02Mreported value-43.8K shares-1.3%GGenpact Limited$93.56Mreported value-519.4K shares-19.6%LVSLas Vegas Sands Corp$84.48Mreported value-495.4K shares

Exited positions

WMWaste Management, Inc$53.54Mprior reported value-350.0K shares-100.0%ESNTEssent Group Ltd.$51.12Mprior reported value-1.31M shares-100.0%SHELShell Plc$10.01Mprior reported value-191.5K shares-100.0%CSCredit Suisse Group AG$7.64Mprior reported value-1.35M shares