We are live on
!
Find out more
CCM
Causeway Capital Management Portfolio holdings
AUM
$8.15B
1-Year Est. Return
29.28%
This Fund
S&P 500
This Quarter
Est. Return
+5.46%
1 Year Est. Return
+29.28%
3 Year Est. Return
+68.26%
5 Year Est. Return
+63.05%
10 Year Est. Return
+455.77%
AUM
$3.8B
AUM Growth
-$370M
(-8.9%)
Cap. Flow
-$540M
Cap. Flow
% of AUM
-14.22%
Top 10 Holdings %
Top 10 Hldgs %
54.45%
Holding
90
New
9
Increased
32
Reduced
39
Closed
9
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
AbbVie
ABBV
|
+$49.7M |
| 2 |
Quest Diagnostics
DGX
|
+$42.5M |
| 3 |
CSX Corp
CSX
|
+$31.5M |
| 4 |
Avantor
AVTR
|
+$23M |
| 5 |
Genpact
G
|
+$21.6M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Canadian National Railway
CNI
|
+$219M |
| 2 |
Ryanair
RYAAY
|
+$175M |
| 3 |
TSMC
TSM
|
+$123M |
| 4 |
Credicorp
BAP
|
+$50.9M |
| 5 |
Banco Bradesco
BBD
|
+$33.7M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Industrials | 33.7% |
| 2 | Financials | 15.5% |
| 3 | Technology | 14.66% |
| 4 | Communication Services | 9.06% |
| 5 | Healthcare | 7.98% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
51
Tyson Foods
TSN
$20.4B
| $16.6M | 0.44% |
+324,897
| New | +$17.7M |
|
52
Citizens Financial Group
CFG
$30.6B
| $16.5M | 0.43% |
+633,246
| New | +$17.4M |
|
|
JKS
53
JinkoSolar
JKS
$891M
| $15M | 0.39% |
337,514
+114,010
| +51% | +$5.16M |
|
54
Sumitomo Mitsui Financial
SMFG
$164B
| $14.3M | 0.38% |
1,666,326
-1,267
| -0.1% | -$10.5K |
|
55
GSK
GSK
$106B
| $14.2M | 0.37% |
399,430
+80,270
| +25% | +$2.88M |
|
56
ICICI Bank
IBN
$108B
| $13.3M | 0.35% |
576,197
-1,087,076
| -65% | -$24.6M |
|
57
iQIYI
IQ
$1.28B
| $13.2M | 0.35% |
+2,468,900
| New | +$13.9M |
|
58
Xtrackers Harvest CSI 300 China A-Shares ETF
ASHR
$1.6B
| $12.6M | 0.33% |
471,303
-97,605
| -17% | -$2.76M |
|
59
Mercado Libre
MELI
$92.3B
| $11.9M | 0.31% |
+10,070
| New | +$12.7M |
|
60
YPF Sociedad Anonima American Depositary Shares (Each representing ten (10) Class D shares of Capital Stock)
YPF
$19.3B
| $11.8M | 0.31% |
791,539
+159,333
| +25% | +$1.93M |
|
61
AB InBev
BUD
$165B
| $11.6M | 0.31% |
205,014
+67,084
| +49% | +$4.06M |
|
62
Autohome
ATHM
$2.62B
| $11.3M | 0.3% |
389,101
-208,456
| -35% | -$6.22M |
|
63
Sabre
SABR
$835M
| $11.3M | 0.3% |
3,547,735
+333
| +0% | +$1.2K |
|
64
British American Tobacco
BTI
$128B
| $10.8M | 0.28% |
325,080
+131,253
| +68% | +$4.49M |
|
65
Vista Energy
VIST
$7.32B
| $10.4M | 0.27% |
+429,632
| New | +$9.34M |
|
66
Infosys
INFY
$50.7B
| $10.1M | 0.27% |
627,924
-269,802
| -30% | -$4.22M |
|
67
Dr. Reddy's Laboratories
RDY
$10.2B
| $9.47M | 0.25% |
749,910
-54,920
| -7% | -$641K |
|
68
Coca-Cola Femsa
KOF
$23.2B
| $9.33M | 0.25% |
111,937
-5,083
| -4% | -$435K |
|
69
Vanguard FTSE Developed Markets ETF
VEA
$236B
| $9.01M | 0.24% |
195,139
-37,499
| -16% | -$1.72M |
|
70
iShares MSCI Saudi Arabia ETF
KSA
$621M
| $8.64M | 0.23% |
208,978
-78,982
| -27% | -$3.22M |
|
71
Vanguard FTSE All-World ex-US Small-Cap Index Fund
VSS
$11.9B
| $7.83M | 0.21% |
70,875
+23,228
| +49% | +$2.56M |
|
72
MakeMyTrip
MMYT
$5.64B
| $5.91M | 0.16% |
218,869
-80,643
| -27% | -$2.07M |
|
73
HDFC Bank
HDB
$121B
| $4.84M | 0.13% |
138,804
-68,120
| -33% | -$2.3M |
|
|
GOGL
74
DELISTED
Golden Ocean Group
GOGL
| $3.82M | 0.1% |
+505,904
| New | +$4.22M |
|
75
Celestica
CLS
$36.5B
| $3.31M | 0.09% |
227,513
+2,180
| +1% | +$27K |
|
Similar funds
WA
CCM
LGF
FIA
VIM
MAM
FMI
EGM
Causeway Capital Management's Q2 2023 Portfolio in Review
As of Q2 2023, Causeway Capital Management held 90 positions worth $3.8B, down 8.9% from $4.17B the previous quarter. Its ten largest holdings account for 54% of the portfolio.
Causeway Capital Management withdrew a net $540M in Q2 2023, closing 9 positions and reducing 39 holdings. Its most notable exit was Credicorp, an estimated $50.9M position sold in full.
By sector, the portfolio is most concentrated in Industrials at 34% of assets, down from 36% a quarter earlier, followed by Financials and Technology.
Against the trend, Causeway Capital Management opened a new position in AbbVie worth $45.7M.
- Causeway Capital Management's largest Q2 2023 buy was AbbVie: 339,060 shares worth $45.7M.
- Causeway Capital Management added most to Avantor in Q2 2023, an estimated $23M increase.
- Causeway Capital Management's biggest Q2 2023 reduction was Canadian National Railway, cutting an estimated $219M.
- Causeway Capital Management fully exited Credicorp in Q2 2023, selling an estimated $50.9M.
- Causeway Capital Management's ten largest holdings make up 54% of its $3.8B portfolio in Q2 2023.
- Causeway Capital Management opened 9 new positions and closed 9 in Q2 2023.
- Causeway Capital Management's portfolio value fell 8.9% quarter-over-quarter to $3.8B.
Based on Causeway Capital Management's 13F filing for Q2 2023, filed 11 Aug 2023.