SEC 13F Intelligence

Managers / Q2 2019 · view latest →

CAUSEWAY CAPITAL MANAGEMENT LLC

CIK 0001165797 · 11111 SANTA MONICA BOULEVARD, 15TH FLOOR, LOS ANGELES, CA, 90025 · 310-231-6100

Reported Value
$9.1B
Q2 2019
Positions
87
Filings on Record
30
2019–present window
Filed
Aug 14, 2019
original filing

Summary

Causeway Capital Management LLC reported $9.1B in U.S.-listed holdings across 87 positions for Q2 2019.

Its largest position, Linde, represents 13.7% of the portfolio.

Compared with Q1 2019, the fund opened 7 new positions and exited 9.

Portfolio Metrics

Turnover
+7.7%
vs prior filed quarter
Top-10 Concentration
+53.5%
share of reported value
Largest Position
+13.7%
Linde
New / Exited
7 / 9
positions this quarter

Methodology: turnover is min(value bought, value sold) ÷ average reported value across the two quarters — value-based, so market moves inflate it slightly versus a share-based measure. Concentration and largest position are shares of the filing’s total reported value, options excluded. New/exited counts compare against the prior filed quarter. All figures derive solely from the fund’s 13F filings.

Reported Value by Quarter

13F Reported Value
Q4 ’18: $8.4BQ4 ’18Q1 ’19: $9.9BQ2 ’19: $9.1BQ3 ’19: $8.4BQ4 ’19: $9.3BQ4 ’19Q1 ’20: $6.3BQ2 ’20: $5.6BQ3 ’20: $5.4BQ4 ’20: $5.3BQ4 ’20Q1 ’21: $5.1BQ2 ’21: $4.9BQ3 ’21: $4.4BQ4 ’21: $4.5BQ4 ’21Q1 ’22: $4.2BQ2 ’22: $4.0BQ3 ’22: $3.6BQ4 ’22: $3.4BQ4 ’22Q1 ’23: $4.2BQ2 ’23: $3.8BQ3 ’23: $3.8BQ4 ’23: $3.9BQ4 ’23Q1 ’24: $3.8BQ2 ’24: $3.7BQ3 ’24: $4.1BQ4 ’24: $4.4BQ4 ’24Q1 ’25: $4.8BQ2 ’25: $6.3BQ3 ’25: $7.6BQ4 ’25: $7.3BQ4 ’25Q1 ’26: $8.1Bfilingsflow.com

Portfolio Composition

By security type
Common Stock: 47.7%Other: 26.9%ADR: 24.7%ETP: 0.7%
  • Common Stock · 47.7% · $4.4B
  • Other · 26.9% · $2.5B
  • ADR · 24.7% · $2.3B
  • ETP · 0.7% · $66M

Quarter-over-Quarter Changes full breakdown →

vs Q1 2019 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
GENERAL ELECTRIC CONEW+6.98M6.98M+$73M$73M
YUMCYUM CHINA HLDGS INCNEW+1.20M1.20M+$55M$55M
ISHARES TRNEW+227.9K227.9K+$8M$8M
ISHARES TRNEW+142.0K142.0K+$5M$5M
JKSJINKOSOLAR HLDG CO LTDNEW+127.1K127.1K+$3M$3M
VIPSVIPSHOP HLDGS LTDNEW+303.3K303.3K+$3M$3M
CYOUUSDCHANG YOU COM LTDNEW+44.3K44.3K+$426,000$426,000
NEW ORIENTAL ED & TECH GRP IADDED+266.4K292.2K+$26M$28M

Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.

Holdings — Q2 2019

50 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1LINDE PLCCOM13.67%$1.2B6.22M
2ENCANA CORPCOM6.95%$635M123.72M
3BIDUNBAIDU INChistory →SPON ADR REP A6.82%$623M5.31M
4GILGILDAN ACTIVEWEAR INChistory →COM6.08%$556M14.37M
5MFCMANULIFE FINL CORPhistory →COM4.19%$383M21.05M
6BABAALIBABA GROUP HLDG LTDhistory →SPONSORED ADS3.75%$342M2.02M
7RYANAIR HLDGS PLCSPONSORED ADR3.36%$307M4.79M
8SABRSABRE CORPhistory →COM2.96%$270M12.17M
9ALKALASKA AIR GROUP INChistory →COM2.90%$265M4.14M
10TSMTAIWAN SEMICONDUCTOR MFG LTDhistory →SPONSORED ADR2.81%$257M6.55M
11TRVCCITIGROUP INChistory →COM NEW2.58%$236M3.37M
12MPCMARATHON PETE CORPhistory →COM2.47%$226M4.04M
13ORCLORACLE CORPhistory →COM2.41%$220M3.87M
14CMCDN IMPERIAL BK COMM TORONTOhistory →COM2.37%$216M2.75M
15HALHALLIBURTON COhistory →COM2.30%$210M9.24M
16SUXSYNNEX CORPhistory →COM2.30%$210M2.13M
17MSFTMICROSOFT CORPhistory →COM2.11%$193M1.44M
18LDOSLEIDOS HLDGS INChistory →COM1.88%$172M2.15M
19FLSFLOWSERVE CORPhistory →COM1.83%$167M3.17M
20FEFIRSTENERGY CORPhistory →COM1.77%$162M3.79M
21MRKMERCK & CO INChistory →COM1.62%$148M1.76M
22VIABVIACOM INC NEWhistory →CL B1.61%$147M4.92M
23MDLZMONDELEZ INTL INChistory →CL A1.52%$139M2.57M
24ZBHZIMMER BIOMET HLDGS INChistory →COM1.42%$130M1.11M
25VALE S AADR1.20%$110M8.16M
26BACBANK AMER CORPhistory →COM1.13%$104M3.57M
27WFCWELLS FARGO CO NEWhistory →COM0.97%$89M1.88M
28CREDICORP LTDCOM0.96%$88M383.0K
29SK TELECOM LTDSPONSORED ADR0.94%$86M3.46M
30IBNICICI BK LTDhistory →ADR0.89%$81M6.43M
31CHINA MOBILE LIMITEDSPONSORED ADR0.82%$75M1.66M
32GENERAL ELECTRIC COCOM0.80%$73M6.98M
33MBTGBPMOBILE TELESYSTEMS PJSChistory →SPONSORED ADR0.63%$57M6.16M
34YUMCYUM CHINA HLDGS INChistory →COM0.60%$55M1.20M
35RESRPC INChistory →COM0.57%$52M7.20M
36SIGNET JEWELERS LIMITEDSHS0.50%$46M2.57M
37TAKEDA PHARMACEUTICAL CO LTDSPONSORED ADS0.49%$45M2.55M
38YYEURYY INChistory →ADS REPCOM CLA0.47%$43M614.1K
39PUKNPRUDENTIAL PLChistory →ADR0.45%$41M930.7K
40ABJAABB LTDhistory →SPONSORED ADR0.42%$39M1.94M
41WISDOMTREE TRINDIA ERNGS FD0.42%$39M1.48M
42VIV1USDTELEFONICA BRASIL SAhistory →SPONSORED ADR0.41%$37M2.87M
43GGBGERDAU S Ahistory →SPON ADR REP PFD0.40%$37M9.51M
44BCSBARCLAYS PLChistory →ADR0.39%$35M4.66M
45AVVIYUSDASTRAZENECA PLChistory →SPONSORED ADR0.38%$35M850.5K
46BMTABRITISH AMERN TOB PLChistory →SPONSORED ADR0.37%$34M978.4K
47R6C2ROYAL DUTCH SHELL PLChistory →SPON ADR B0.35%$32M481.2K
48SAPSAP SEhistory →SPON ADR0.34%$31M227.3K
49BPBP PLChistory →SPONSORED ADR0.32%$30M708.5K
50NEW ORIENTAL ED & TECH GRP ISPON ADR0.31%$28M292.2K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$8.1B107May 14, 202613F-HRchanges · EDGAR ↗
Q4 2025$7.3B108Feb 13, 202613F-HRchanges · EDGAR ↗
Q3 2025$7.6B105Nov 13, 202513F-HRchanges · EDGAR ↗
Q2 2025$6.3B99Aug 13, 202513F-HRchanges · EDGAR ↗
Q1 2025$4.8B90May 14, 202513F-HRchanges · EDGAR ↗
Q4 2024$4.4B107Feb 13, 202513F-HRchanges · EDGAR ↗
Q3 2024$4.1B97Nov 13, 202413F-HRchanges · EDGAR ↗
Q2 2024$3.7B90Aug 13, 202413F-HRchanges · EDGAR ↗
Q1 2024$3.8B89May 15, 202413F-HRchanges · EDGAR ↗
Q4 2023$3.9B89Feb 14, 202413F-HRchanges · EDGAR ↗
Q3 2023$3.8B89Nov 13, 202313F-HRchanges · EDGAR ↗
Q2 2023$3.8B81Aug 11, 202313F-HRchanges · EDGAR ↗
Q1 2023$4.2B81May 12, 202313F-HRchanges · EDGAR ↗
Q4 2022$3.4B83Feb 13, 202313F-HRchanges · EDGAR ↗
Q3 2022$3.6B81Nov 14, 202213F-HRchanges · EDGAR ↗
Q2 2022$4.0B80Aug 15, 202213F-HRchanges · EDGAR ↗
Q1 2022$4.2B75May 13, 202213F-HRchanges · EDGAR ↗
Q4 2021$4.5B82Feb 11, 202213F-HRchanges · EDGAR ↗
Q3 2021$4.4B81Nov 12, 202113F-HRchanges · EDGAR ↗
Q2 2021$4.9B78Aug 13, 202113F-HRchanges · EDGAR ↗
Q1 2021$5.1B82May 14, 202113F-HRchanges · EDGAR ↗
Q4 2020$5.3B80Feb 12, 202113F-HRchanges · EDGAR ↗
Q3 2020$5.4B79Nov 13, 202013F-HRchanges · EDGAR ↗
Q2 2020$5.6B79Aug 14, 202013F-HRchanges · EDGAR ↗
Q1 2020$6.3B85May 15, 202013F-HRchanges · EDGAR ↗
Q4 2019$9.3B87Feb 14, 202013F-HRchanges · EDGAR ↗
Q3 2019$8.4B86Nov 14, 201913F-HRchanges · EDGAR ↗
Q2 2019$9.1B87Aug 14, 201913F-HRchanges · EDGAR ↗
Q1 2019$9.9B89May 15, 201913F-HRchanges · EDGAR ↗
Q4 2018$8.4B90Feb 14, 201913F-HRchanges · EDGAR ↗

13F filings are due up to 45 days after quarter end, so holdings shown here lag the fund’s current book. Source: original SEC filing on EDGAR ↗.