13F filing recap · Q4 2022

What did Causeway Capital Management buy in Q4 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

$3.44B

Positions

Estimated turnover

67.0%

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

RYAAYRyanair Holdings Plc$575.50Mreported value+7.70M shares GEGeneral Electric Company$54.95Mreported value+655.8K shares FINVFinvolution Group$41.02Mreported value+8.27M shares BBDBank Bradesco$25.10Mreported value+8.71M shares TERTeradyne, Inc.$20.82Mreported value+238.4K shares ATHMAutohome Inc.$12.55Mreported value+410.1K shares MMYTMakemytrip Ltd$4.35Mreported value+158.0K shares CLSCelestica Inc.$3.76Mreported value+333.8K shares CPGCrescent Point Energy Corp$3.32Mreported value+466.2K shares VSSVanguard International Equity Index Funds$2.33Mreported value+22.7K shares INMDInmode Ltd.$1.61Mreported value+45.1K shares TRMDTorm Plc$667.4Kreported value+23.4K shares ERFEnerplus Corp$449.4Kreported value+25.5K shares CGAUCenterra Gold Inc.$382.8Kreported value+74.0K shares

Increased positions

BABAAlibaba Group Holding Limited$121.99Mreported value+374.6K shares+37.1%DISWalt Disney Co/$68.54Mreported value+154.1K shares+24.3%PDDPdd Holdings Inc.$66.31Mreported value+311.8K shares+62.2%GOOGAlphabet Inc.$60.77Mreported value+27.1K shares

Reduced positions

CNICanadian National Railway Company$503.09Mreported value-422.0K shares-9.1%TSMTaiwan Semiconductor Manufacturing$227.85Mreported value-310.8K shares-9.2%CNXCConcentrix Corporation$83.67Mreported value-12.1K shares-1.9%GGenpact Limited$67.96Mreported value-670.3K shares

Exited positions

RYAAYRyanair Holdings Plc$445.95Mprior reported value-7.63M shares-100.0%EFViShares Trust$161.71Mprior reported value-4.20M shares-100.0%GEGeneral Electric Company$38.78Mprior reported value-626.4K shares-100.0%KWEBKraneshares Trust$19.19Mprior reported value-778.9K shares