Causeway Capital Management’s Tencent Music TME Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2026 Q1	$5.69M	Sell	612,900 -1,076,676	-64%	-$15.9M	0.07%	78
2025 Q4	$29.6M	Sell	1,689,576 -598,142	-26%	-$12.1M	0.41%	53
2025 Q3	$53.4M	Buy	2,287,718 +383,833	+20%	+$8.9M	0.71%	31
2025 Q2	$37.1M	Buy	1,903,885 +1,288,732	+209%	+$20.3M	0.59%	41
2025 Q1	$8.86M	Buy	+615,153	New	+$7.68M	0.19%	65
2024 Q3	–	Sell	-3,076,879	Closed	-$43.2M	–	102
2024 Q2	$43.2M	Buy	3,076,879 +1,437,217	+88%	+$19.3M	1.18%	29
2024 Q1	$18.3M	Buy	+1,639,662	New	+$16.1M	0.48%	55
2023 Q3	–	Sell	-6,052,922	Closed	-$44.7M	–	94
2023 Q2	$44.7M	Sell	6,052,922 -308,822	-5%	-$2.33M	1.18%	23
2023 Q1	$52.7M	Buy	6,361,744 +729,256	+13%	+$5.97M	1.26%	20
2022 Q4	$46.6M	Buy	5,632,488 +2,215,283	+65%	+$12.4M	1.35%	23
2022 Q3	$13.9M	Buy	+3,417,205	New	+$15.5M	0.39%	52