Causeway Capital Management LLC
Net buyer this quarter
$9.24B
110
+$569M
65.3%
Holdings
| Company | Value | % of portfolio | % of company | POSITION CHANGE qoq % | First reported |
|---|---|---|---|---|---|
| Q2 2026 | |||||
 AZN | $1.75B | 18.97% | Not reported | +26.1% | Q2 2021 |
 CCL | $1.18B | 12.74% | 3.01% | +11.0% | Q2 2013 |
 DB | $994M | 10.77% | 1.54% | +17.6% | Q1 2025 |
 SW | $696M | 7.53% | 2.87% | -3.4% | Q3 2024 |
 CP | $582M | 6.30% | 0.76% | -23.7% | Q1 2017 |
 TSM | $254M | 2.75% | 0.00% | +4.6% | Q2 2013 |
 ALK | $166M | 1.80% | 2.85% | +27.2% | Q4 2018 |
 CARR | $160M | 1.73% | 0.26% | +3.6% | Q4 2020 |
 LYV | $129M | 1.40% | 0.30% | +34.2% | Q3 2024 |
 MRK | $123M | 1.33% | 0.04% | +11.8% | Q1 2019 |
 META | $113M | 1.23% | Not reported | +39.1% | Q2 2021 |
 GOOG | $112M | 1.21% | Not reported | -6.3% | Q3 2020 |
 BCS | $107M | 1.16% | 0.03% | -2.4% | Q2 2013 |
 BAP | $99.5M | 1.08% | 0.27% | +4.2% | Q2 2015 |
 SAP | $97.1M | 1.05% | 0.05% | +38.1% | Q2 2013 |
 BABA | $95.5M | 1.03% | 0.05% | -6.9% | Q4 2015 |
 AXS | $92.4M | 1.00% | 1.18% | +5.4% | Q3 2024 |
 EG | $90.3M | 0.98% | 0.34% | +1.1% | Q3 2025 |
 IR | $84.8M | 0.92% | 0.26% | +65.1% | Q2 2025 |
 PHG | $83.3M | 0.90% | 0.32% | +24.7% | Q1 2022 |
 NVO | $80.4M | 0.87% | Not reported | +42.9% | Q2 2025 |
 JLL | $76.9M | 0.83% | 0.54% | +33.3% | Q2 2020 |
 CFG | $75.5M | 0.82% | 0.25% | +2.7% | Q2 2023 |
 NTES | $73.3M | 0.79% | 0.02% | Not reported | Q4 2014 |
 DEO | $72.3M | 0.78% | 0.04% | +34.9% | Q3 2015 |
 ZBH | $67.9M | 0.74% | 0.41% | -2.4% | Q2 2018 |
 BA | $67.8M | 0.73% | 0.04% | -0.3% | Q2 2013 |
 C | $64.2M | 0.70% | 0.03% | -27.7% | Q2 2013 |
 NWG | $61.5M | 0.67% | Not reported | +16.7% | Q3 2023 |
 BIIB | $60.1M | 0.65% | 0.19% | -0.9% | Q2 2016 |
 GFI | $57.5M | 0.62% | 0.19% | +4.8% | Q4 2020 |
 ADI | $56.4M | 0.61% | 0.03% | -29.6% | Q4 2023 |
 RELX | $55.8M | 0.60% | 0.10% | -23.6% | Q1 2019 |
 AU | $55.7M | 0.60% | 0.14% | -23.5% | Q3 2019 |
 ING | $53.1M | 0.57% | 0.06% | +10.0% | Q1 2016 |
 BAH | $51.6M | 0.56% | 0.71% | -0.9% | Q4 2025 |
 TXN | $49.6M | 0.54% | 0.02% | -19.3% | Q1 2026 |
 NGG | $48.9M | 0.53% | 0.01% | +9.6% | Q3 2024 |
 DTE | $48.8M | 0.53% | 0.15% | -0.5% | Q1 2026 |
 PFE | $46.2M | 0.50% | 0.03% | +0.1% | Q2 2024 |
 PBR.A | $45.3M | 0.49% | Not reported | +107.0% | Q2 2013 |
 PUK | $45.3M | 0.49% | 0.07% | +27.9% | Q2 2016 |
 SNN | $45.1M | 0.49% | 0.18% | +64.2% | Q4 2024 |
 TAL | $39.5M | 0.43% | Not reported | +18.6% | Q4 2016 |
 UNH | $36.3M | 0.39% | 0.01% | +21.7% | Q2 2013 |
 DIS | $34.7M | 0.38% | 0.02% | -35.6% | Q2 2013 |
 SNY | $34.3M | 0.37% | 0.07% | -24.5% | Q2 2013 |
 BTI | $33.8M | 0.37% | 0.02% | +9.4% | Q2 2013 |
 SMFG | $32.8M | 0.36% | 0.04% | +9.9% | Q2 2013 |
 VIST | $32M | 0.35% | 0.53% | +126.9% | Q2 2023 |
| Q1 2026 | |||||
| AZN | $1.44B | 17.66% | Not reported | +1368.4% | Q2 2021 |
| CCL | $960M | 11.79% | 2.99% | +9.3% | Q2 2013 |
| DB | $723M | 8.88% | 1.31% | +75.9% | Q1 2025 |
| CP | $690M | 8.47% | 0.98% | -30.2% | Q1 2017 |
| SW | $620M | 7.61% | 2.97% | -18.6% | Q3 2024 |
| TSM | $172M | 2.11% | 0.00% | -0.6% | Q2 2013 |
| BABA | $134M | 1.65% | 0.06% | -11.2% | Q4 2015 |
| CARR | $118M | 1.45% | 0.25% | +13.7% | Q4 2020 |
| MRK | $103M | 1.26% | 0.03% | -18.2% | Q1 2019 |
| GOOG | $96.8M | 1.19% | Not reported | -8.8% | Q3 2020 |
 CTSH | $92.3M | 1.13% | 0.32% | -3.1% | Q2 2024 |
| ALK | $92M | 1.13% | 2.25% | +74.4% | Q4 2018 |
| AU | $86.2M | 1.06% | 0.18% | +107.0% | Q3 2019 |
| BCS | $86.2M | 1.06% | 0.03% | +8.6% | Q2 2013 |
| BAP | $83.1M | 1.02% | 0.26% | +1.3% | Q2 2015 |
| META | $82.8M | 1.02% | Not reported | +31.2% | Q2 2021 |
| AXS | $82.7M | 1.02% | 1.10% | +13.1% | Q3 2024 |
| EG | $81.7M | 1.00% | 0.34% | +4.8% | Q3 2025 |
| LYV | $80.3M | 0.99% | 0.22% | +17.7% | Q3 2024 |
| SAP | $78.1M | 0.96% | 0.04% | +81.9% | Q2 2013 |
| RELX | $76.5M | 0.94% | 0.13% | +93.9% | Q1 2019 |
| GFI | $74.2M | 0.91% | 0.18% | +0.8% | Q4 2020 |
| ZBH | $73.1M | 0.90% | 0.41% | +10.9% | Q2 2018 |
 G | $72.6M | 0.89% | 1.15% | -6.5% | Q2 2020 |
| C | $72M | 0.88% | 0.04% | -9.0% | Q2 2013 |
| PHG | $67.3M | 0.83% | 0.26% | +11.7% | Q1 2022 |
| BAH | $66.9M | 0.82% | 0.71% | +116.4% | Q4 2025 |
 WHR | $64.8M | 0.80% | 1.85% | +57.9% | Q2 2024 |
| ADI | $64.2M | 0.79% | 0.04% | -23.3% | Q4 2023 |
| CFG | $62.9M | 0.77% | 0.25% | +3.4% | Q2 2023 |
| BA | $62.5M | 0.77% | 0.04% | +106.6% | Q2 2013 |
| JLL | $56.7M | 0.70% | 0.40% | +213.3% | Q2 2020 |
| DIS | $54M | 0.66% | 0.03% | +2.5% | Q2 2013 |
| PFE | $53.8M | 0.66% | 0.03% | -8.5% | Q2 2024 |
| BIIB | $51.5M | 0.63% | 0.19% | -46.1% | Q2 2016 |
| SNY | $51.3M | 0.63% | 0.09% | +0.1% | Q2 2013 |
| IR | $50.2M | 0.62% | 0.16% | +4.9% | Q2 2025 |
| DEO | $49.6M | 0.61% | 0.03% | +37.3% | Q3 2015 |
 APTV | $47.5M | 0.58% | 0.32% | +2.2% | Q4 2023 |
| DTE | $47.1M | 0.58% | 0.15% | New | Q1 2026 |
 BP | $46.9M | 0.58% | Not reported | -39.2% | Q2 2017 |
| NGG | $45.6M | 0.56% | 0.01% | -24.1% | Q3 2024 |
| NWG | $44.5M | 0.55% | Not reported | +88.3% | Q3 2023 |
 JOYY | $43.8M | 0.54% | Not reported | -7.6% | Q4 2019 |
| NVO | $43.2M | 0.53% | Not reported | +18.2% | Q2 2025 |
 PAGS | $40.5M | 0.50% | 1.54% | 0.0% | Q2 2025 |
 BUD | $40.2M | 0.49% | 0.03% | -17.3% | Q3 2022 |
| ING | $40.1M | 0.49% | 0.05% | +56.6% | Q1 2016 |
| TXN | $40M | 0.49% | 0.02% | New | Q1 2026 |
| TAL | $39.5M | 0.49% | Not reported | Not reported | Q4 2016 |
| Q4 2025 | |||||
| CCL | $1.04B | 14.26% | 2.91% | +6.4% | Q2 2013 |
| CP | $929M | 12.78% | 1.40% | -6.9% | Q1 2017 |
| SW | $740M | 10.18% | 3.66% | +154.3% | Q3 2024 |
| DB | $552M | 7.59% | 0.75% | -19.4% | Q1 2025 |
 B | $264M | 3.64% | 0.36% | -61.2% | Q2 2025 |
| BABA | $176M | 2.43% | 0.01% | -2.3% | Q4 2015 |
| TSM | $156M | 2.14% | 0.00% | +0.8% | Q2 2013 |
| CTSH | $129M | 1.77% | 0.32% | +15.0% | Q2 2024 |
| GOOG | $116M | 1.60% | Not reported | -41.5% | Q3 2020 |
| MRK | $110M | 1.51% | 0.04% | -7.9% | Q1 2019 |
| CARR | $97.7M | 1.34% | 0.22% | +26.1% | Q4 2020 |
| G | $97.5M | 1.34% | 1.22% | +11.0% | Q2 2020 |
| BCS | $95.5M | 1.31% | 0.03% | -13.8% | Q2 2013 |
| AZN | $92.9M | 1.28% | Not reported | -5.3% | Q2 2021 |
| BIIB | $91.7M | 1.26% | 0.36% | -8.2% | Q2 2016 |
| C | $81.4M | 1.12% | 0.04% | -30.1% | Q2 2013 |
| EG | $81M | 1.11% | 0.32% | +35.8% | Q3 2025 |
| AXS | $77.2M | 1.06% | 0.97% | -13.8% | Q3 2024 |
| META | $72.9M | 1.00% | Not reported | +27.0% | Q2 2021 |
| ALK | $72.2M | 0.99% | 1.24% | Not reported | Q4 2018 |
| ADI | $71.3M | 0.98% | 0.05% | -13.0% | Q4 2023 |
| GFI | $70.8M | 0.97% | 0.18% | +5.1% | Q4 2020 |
| BAP | $69.5M | 0.96% | 0.26% | +12.2% | Q2 2015 |
 GPK | $68.2M | 0.94% | 1.53% | +74.1% | Q2 2025 |
| ZBH | $65.5M | 0.90% | 0.37% | +25.2% | Q2 2018 |
| LYV | $63.7M | 0.88% | 0.19% | +92.4% | Q3 2024 |
| DIS | $62.1M | 0.85% | 0.03% | -8.4% | Q2 2013 |
| SAP | $60.9M | 0.84% | 0.02% | +29.4% | Q2 2013 |
| PHG | $59.5M | 0.82% | 0.23% | +12.3% | Q1 2022 |
| CFG | $59.2M | 0.82% | 0.24% | -7.0% | Q2 2023 |
| BP | $57M | 0.78% | Not reported | +3.6% | Q2 2017 |
| WHR | $54.9M | 0.76% | 1.36% | +23.4% | Q2 2024 |
| NGG | $54.9M | 0.76% | 0.01% | +5.7% | Q3 2024 |
| JOYY | $52.6M | 0.72% | Not reported | +2.9% | Q4 2019 |
| PFE | $52.1M | 0.72% | 0.04% | +1.0% | Q2 2024 |
| SNY | $51.6M | 0.71% | 0.09% | +8.6% | Q2 2013 |
| APTV | $50.9M | 0.70% | 0.31% | -7.5% | Q4 2023 |
| NVO | $50.6M | 0.70% | Not reported | +42.8% | Q2 2025 |
| RELX | $48.1M | 0.66% | 0.07% | +64.5% | Q1 2019 |
| IR | $47.3M | 0.65% | 0.15% | +7.3% | Q2 2025 |
| PUK | $47M | 0.65% | 0.06% | +2.3% | Q2 2016 |
| BUD | $44.9M | 0.62% | 0.04% | +15.0% | Q3 2022 |
 INFY | $44.2M | 0.61% | 0.06% | +774.3% | Q2 2013 |
 PDD | $42.1M | 0.58% | 0.01% | +19.9% | Q2 2020 |
| DEO | $41.9M | 0.58% | 0.02% | +4.0% | Q3 2015 |
| PAGS | $39M | 0.54% | 1.54% | +3.9% | Q2 2025 |
| AU | $37.6M | 0.52% | 0.09% | +118.8% | Q3 2019 |
| BAH | $33.4M | 0.46% | 0.33% | New | Q4 2025 |
| BA | $33M | 0.45% | 0.02% | Not reported | Q2 2013 |
 SHG | $31.1M | 0.43% | 0.12% | +2.4% | Q2 2018 |
| Q3 2025 | |||||
| CP | $1.01B | 13.31% | 1.47% | -7.9% | Q1 2017 |
| CCL | $923M | 12.19% | 2.73% | +9.6% | Q2 2013 |
| DB | $620M | 8.19% | 0.91% | -8.8% | Q1 2025 |
| B | $515M | 6.80% | 0.91% | -11.1% | Q2 2025 |
| SW | $320M | 4.23% | 1.44% | +7.2% | Q3 2024 |
| BABA | $220M | 2.91% | 0.01% | -0.9% | Q4 2015 |
| GOOG | $154M | 2.03% | Not reported | -12.4% | Q3 2020 |
| TSM | $142M | 1.87% | 0.00% | -1.9% | Q2 2013 |
| C | $101M | 1.34% | 0.06% | -20.8% | Q2 2013 |
| NTES | $97M | 1.28% | 0.02% | +44.6% | Q4 2014 |
| MRK | $95.2M | 1.26% | 0.05% | +15.4% | Q1 2019 |
| CTSH | $90.6M | 1.20% | 0.28% | +14.3% | Q2 2024 |
| BCS | $90M | 1.19% | 0.03% | -6.7% | Q2 2013 |
| CARR | $87.5M | 1.16% | 0.17% | Not reported | Q4 2020 |
| AZN | $81.9M | 1.08% | Not reported | +12.0% | Q2 2021 |
| AXS | $80.2M | 1.06% | 1.09% | +31.8% | Q3 2024 |
| BIIB | $79.5M | 1.05% | 0.39% | +15.0% | Q2 2016 |
| G | $78.7M | 1.04% | 1.09% | +31.3% | Q2 2020 |
| ADI | $74.3M | 0.98% | 0.06% | -15.0% | Q4 2023 |
| DIS | $68.2M | 0.90% | 0.03% | -4.5% | Q2 2013 |
| GFI | $64.7M | 0.86% | 0.17% | +14.0% | Q4 2020 |
| META | $63.8M | 0.84% | Not reported | -9.1% | Q2 2021 |
| APTV | $62.3M | 0.82% | 0.33% | +0.6% | Q4 2023 |
| EG | $61.5M | 0.81% | 0.24% | New | Q3 2025 |
| CFG | $57.9M | 0.77% | 0.25% | +5.5% | Q2 2023 |
| BAP | $57.4M | 0.76% | 0.23% | +11.9% | Q2 2015 |
| ZBH | $57.3M | 0.76% | 0.29% | +0.6% | Q2 2018 |
| BP | $54.6M | 0.72% | Not reported | -2.3% | Q2 2017 |
 TME | $53.4M | 0.71% | 0.07% | +20.2% | Q3 2022 |
| PHG | $53.4M | 0.71% | 0.21% | +5.8% | Q1 2022 |
| PFE | $52.8M | 0.70% | 0.04% | +5.5% | Q2 2024 |
| SAP | $51.8M | 0.68% | 0.02% | +68.4% | Q2 2013 |
| GPK | $50.9M | 0.67% | 0.88% | +251.3% | Q2 2025 |
 GSK | $50.8M | 0.67% | 0.03% | +6.3% | Q1 2015 |
| NGG | $48.8M | 0.64% | 0.01% | +112.4% | Q3 2024 |
| WHR | $48.5M | 0.64% | 1.10% | +42.3% | Q2 2024 |
 XP | $47.7M | 0.63% | Not reported | +11.3% | Q4 2024 |
 ORCL | $46.8M | 0.62% | 0.01% | -40.0% | Q2 2013 |
| JOYY | $46.3M | 0.61% | Not reported | +8.0% | Q4 2019 |
| SNY | $46.2M | 0.61% | 0.08% | +16.6% | Q2 2013 |
| IR | $46M | 0.61% | 0.14% | +111.7% | Q2 2025 |
| DEO | $44.6M | 0.59% | 0.02% | +8.4% | Q3 2015 |
| ING | $41.7M | 0.55% | 0.05% | +3.7% | Q1 2016 |
| PUK | $41.3M | 0.55% | 0.06% | -7.7% | Q2 2016 |
| PDD | $40.9M | 0.54% | 0.01% | Not reported | Q2 2020 |
| PAGS | $38.9M | 0.51% | 1.48% | +44.6% | Q2 2025 |
| NVO | $38.6M | 0.51% | Not reported | +96.7% | Q2 2025 |
| LYV | $38M | 0.50% | 0.10% | +5.9% | Q3 2024 |
 QFIN | $37.2M | 0.49% | 0.45% | -1.8% | Q3 2020 |
 WB | $36.6M | 0.48% | 1.21% | +11.7% | Q1 2024 |