13F filing recap · Q1 2025
What did Causeway Capital Management buy in Q1 2025?
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
$4.78B
Positions
90
Estimated turnover
44.6%
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.
Quarter in review
Causeway Capital Management opened new positions in Carnival Corporation, Aptiv, Deutsche Bank, Whirlpool, and Embraer, among others. The firm exited Boeing, Coca-Cola Femsa, Ryanair, Unilever, Accenture, and numerous other holdings. It substantially increased its stakes in Alibaba, Merck, Oracle, Biogen, Ally Financial, and Shinhan Financial, while sharply boosting Infosys, Atour Lifestyle, Hello Group, and Vipshop. Notable reductions included Barclays, TD Synnex, PDD Holdings, Credicorp, and Bank Bradesco.