13F filing recap · Q1 2024

What did Causeway Capital Management buy in Q1 2024?

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

$3.82B

Positions

Estimated turnover

30.3%

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

ORCLOracle Corporation$53.92Mreported value+429.0K shares TRMBTrimble Inc.$53.12Mreported value+824.9K shares TMETencent Music Entertainment Group$18.35Mreported value+1.64M shares WBWeibo Corporation$16.43Mreported value+1.81M shares WITWipro Limited$1.40Mreported value+243.2K shares ZIMZim Integrated Shipping Services Ltd.$1.33Mreported value+131.8K shares EFAiShares Trust$578.1Kreported value+7.2K shares MSFTMicrosoft Corporation$406.0Kreported value+965 shares NVDANvidia Corp$301.8Kreported value+334 shares GOGLGolden Ocean Group Limited$174.1Kreported value+13.8K shares

Increased positions

CPCanadian Pacific Kansas City Ltd/cn$596.13Mreported value+1.20M shares+21.5%GOOGAlphabet Inc.$118.33Mreported value+114.8K shares+17.3%PBR.APetrobras - Petroleo Brasileiro SA$98.92Mreported value+2.58M shares+63.6%PDDPdd Holdings Inc.$79.33Mreported value+24.9K shares

Reduced positions

RYAAYRyanair Holdings Plc$398.11Mreported value-672.7K shares-19.7%BBDBank Bradesco$129.55Mreported value-7.32M shares-13.9%DISWalt Disney Co/$100.74Mreported value-279.4K shares-25.3%SNXTD Synnex Corporation$87.69Mreported value-23.5K shares

Exited positions

UBSUbs Group AG$149.13Mprior reported value-4.81M shares-100.0%AVTRAvantor, Inc.$58.44Mprior reported value-2.56M shares-100.0%CSXCsx Corporation$55.88Mprior reported value-1.61M shares-100.0%EXEChesapeake Energy Corporation$29.32Mprior reported value-381.1K shares