Causeway Capital Management 13F annual report
Causeway Capital Management is an investment fund managing more than $3.82 trillion ran by Christina Vaughan-lahner. There are currently 89 companies in Mrs. Vaughan-lahner’s portfolio. The largest investments include Canadian Pacific Kansas City Ltd and Ryanair Plc, together worth $994 billion.
$3.82 trillion Assets Under Management (AUM)
As of 6th August 2024, Causeway Capital Management’s top holding is 6,757,838 shares of Canadian Pacific Kansas City Ltd currently worth over $596 billion and making up 15.6% of the portfolio value.
In addition, the fund holds 2,734,465 shares of Ryanair Plc worth $398 billion, whose value fell 26.1% in the past six months.
The third-largest holding is Banco Bradesco Sa worth $130 billion and the next is Alphabet Inc worth $118 billion, with 776,763 shares owned.
Currently, Causeway Capital Management's portfolio is worth at least $3.82 trillion. The total portfolio value may be much higher due to cash
assets that are not publicly disclosed such as fixed income, real estate, or cash equivalents.
Careers at Causeway Capital Management
The Causeway Capital Management office and employees reside in Los Angeles, California. According to the last 13-F report filed with the SEC, Christina Vaughan-lahner serves as the Paralegal at Causeway Capital Management.
Recent trades
In the most recent 13F filing, Causeway Capital Management revealed that it had opened a new position in
Oracle and bought 429,021 shares worth $53.9 billion.
This means they effectively own approximately 0.1% of the company.
Oracle makes up
9.4%
of the fund's Technology sector allocation and has decreased its share price by approximately 0.1% in the past year.
The investment fund also strengthened its position in Canadian Pacific Kansas City Ltd by buying
1,196,061 additional shares.
This makes their stake in Canadian Pacific Kansas City Ltd total 6,757,838 shares worth $596 billion.
On the other hand, there are companies that Causeway Capital Management is getting rid of from its portfolio.
Causeway Capital Management closed its position in UBS AG on 13th August 2024.
It sold the previously owned 4,809,753 shares for $149 billion.
Christina Vaughan-lahner also disclosed a decreased stake in Ryanair Plc by 0.2%.
This leaves the value of the investment at $398 billion and 2,734,465 shares.
One of the largest hedge funds
The two most similar investment funds to Causeway Capital Management are Valley Forge Capital Management, L.P. and Trillium Asset Management. They manage $3.67 trillion and $3.67 trillion respectively.
Christina Vaughan-lahner investment strategy
Causeway Capital Management’s portfolio is diversified across 13 sectors.
Currently, their heaviest sector is Industrials — making up 17.8% of
the total portfolio value.
The fund focuses on investments in the United States as
23.6% of the portfolio companies
are based in the United States.
The majority of the companies in the fund’s portfolio are large-cap stocks.
Stocks with a size of more than $10 billion in market cap make up
51% of the total holdings value.
On the other hand, small-cap stocks make up only 1.1% of the portfolio.
The average market cap of the portfolio companies is close to $112 billion.
The complete list of Causeway Capital Management trades based on 13F SEC filings
These positions were updated on August 13th based on the fund’s latest 13F filing. Quickly find out what the most recently closed or increased positions are.
| Security | Shares Owned | Value | Allocation |
|---|---|---|---|
| Canadian Pacific Kansas City Ltd |
21.51%
6,757,838
|
$596,130,779,000 | 15.59% |
| Ryanair Holdings Plc |
19.74%
2,734,465
|
$398,113,573,000 | 10.41% |
| UBS Group AG |
Closed
4,809,753
|
$149,125,298,000 | |
| Banco Bradesco Sa |
13.91%
45,297,112
|
$129,550,181,000 | 3.39% |
| Alphabet Inc |
17.35%
776,763
|
$118,330,495,000 | 3.09% |
| Walt Disney Co/the |
25.35%
822,867
|
$100,737,480,000 | 2.63% |
| Petroleo Brasileiro Sa |
63.56%
6,638,426
|
$98,917,421,000 | 2.59% |
| TD Synnex Corp |
2.94%
774,907
|
$87,687,011,000 | 2.29% |
| Citigroup Inc |
16.94%
1,270,833
|
$80,408,566,000 | 2.10% |
| PDD Holdings Inc |
3.78%
682,373
|
$79,329,492,000 | 2.07% |
| Zebra Technologies Corp. |
10.51%
251,261
|
$75,778,818,000 | 1.98% |
| PG&E Corp. |
34.99%
4,289,563
|
$71,929,865,000 | 1.88% |
| Analog Devices Inc. |
35.08%
355,396
|
$70,329,852,000 | 1.84% |
| Fiserv, Inc. |
21.38%
424,600
|
$67,894,328,000 | 1.78% |
| Zimmer Biomet Holdings Inc |
10.34%
506,255
|
$66,849,961,000 | 1.75% |
| Quest Diagnostics, Inc. |
1.71%
501,117
|
$66,737,994,000 | 1.75% |
| Jones Lang Lasalle Inc. |
6.96%
341,805
|
$66,717,207,000 | 1.74% |
| Taiwan Semiconductor Manufacturing Co Ltd |
5.70%
489,167
|
$66,554,839,000 | 1.74% |
| International Flavors & Fragrances Inc. |
20.07%
770,715
|
$66,307,802,000 | 1.73% |
| Genpact Ltd |
16.23%
1,995,889
|
$65,798,259,000 | 1.72% |
| Alibaba Group Holding Ltd |
10.60%
836,524
|
$60,533,764,000 | 1.58% |
| Meta Platforms Inc |
19.75%
120,698
|
$58,638,310,000 | 1.53% |
| Avantor, Inc. |
Closed
2,559,572
|
$58,435,004,000 | |
| CSX Corp. |
Closed
1,611,661
|
$55,876,252,000 | |
| Tyson Foods, Inc. |
7.27%
927,806
|
$54,518,003,000 | 1.43% |
| Oracle Corp. |
Opened
429,021
|
$53,917,111,000 | 1.41% |
| Vipshop Holdings Ltd |
7.57%
3,212,654
|
$53,171,785,000 | 1.39% |
| Trimble Inc |
Opened
824,877
|
$53,116,323,000 | 1.39% |
| Seagate Technology Holdings Plc |
17.71%
539,196
|
$50,197,911,000 | 1.31% |
| Citizens Financial Group Inc |
8.29%
1,310,199
|
$47,572,088,000 | 1.24% |
| Barclays plc |
1.27%
5,032,620
|
$47,558,263,000 | 1.24% |
| BP plc |
7.10%
1,146,697
|
$43,207,544,000 | 1.13% |
| Berry Global Group Inc |
2.61%
673,939
|
$40,780,820,000 | 1.07% |
| Sap SE |
8.37%
201,557
|
$39,309,599,000 | 1.03% |
| Abbvie Inc |
46.98%
213,613
|
$38,918,725,000 | 1.02% |
| Shell Plc |
6.42%
541,229
|
$36,284,002,000 | 0.95% |
| Prudential plc |
24.76%
1,848,602
|
$35,622,560,000 | 0.93% |
| Diageo plc |
16.18%
232,328
|
$34,556,414,000 | 0.90% |
| Astrazeneca plc |
7.76%
496,476
|
$33,636,232,000 | 0.88% |
| Koninklijke Philips Nv |
19.84%
1,668,887
|
$33,377,731,000 | 0.87% |
| GSK Plc |
7.32%
737,185
|
$31,603,132,000 | 0.83% |
| Ing Groep Nv |
15.43%
1,898,686
|
$31,309,337,000 | 0.82% |
| Aptiv PLC |
2.94%
373,987
|
$29,803,338,000 | 0.78% |
| Chesapeake Energy Corp. |
Closed
381,075
|
$29,319,878,000 | |
| Anheuser-Busch InBev SA/NV |
13.63%
470,017
|
$28,567,639,000 | 0.75% |
| RELX Plc |
3.43%
644,352
|
$27,894,000,000 | 0.73% |
| iQIYI Inc |
127.01%
6,251,065
|
$26,443,311,000 | 0.69% |
| NetEase Inc |
33.83%
254,244
|
$26,308,328,000 | 0.69% |
| Concentrix Corporation |
13.42%
361,721
|
$23,965,676,000 | 0.63% |
| Novartis AG |
14.53%
239,468
|
$23,163,768,000 | 0.61% |
| Sanofi Sa |
5.34%
465,879
|
$22,641,717,000 | 0.59% |
| Qifu Technology Inc. |
6.70%
1,208,823
|
$22,279,616,000 | 0.58% |
| British American Tobacco Plc |
25.15%
696,191
|
$21,233,823,000 | 0.56% |
| Vista Energy Sab De Cv |
8.31%
498,158
|
$20,614,958,000 | 0.54% |
| Takeda Pharmaceutical Co |
7.38%
1,444,908
|
$20,069,770,000 | 0.52% |
| FinVolution Group |
0.86%
3,972,782
|
$20,023,507,000 | 0.52% |
| Daqo New Energy Corp |
45.80%
681,168
|
$19,175,653,000 | 0.50% |
| Vanguard Ftse Developed Markets Etf |
35.94%
373,285
|
$18,727,706,000 | 0.49% |
| Tencent Music Entertainment Group |
Opened
1,639,662
|
$18,348,704,000 | 0.48% |
| Gerdau Sa |
46.86%
3,910,808
|
$17,286,282,000 | 0.45% |
| Weibo Corp |
Opened
1,807,944
|
$16,434,932,000 | 0.43% |
| Autohome Inc |
9.57%
525,354
|
$13,775,513,000 | 0.36% |
| JinkoSolar Holding Co. Ltd |
36.32%
526,386
|
$13,260,239,000 | 0.35% |
| NatWest Group plc |
12.05%
1,846,245
|
$12,554,466,000 | 0.33% |
| Cemex Sab De Cv |
Closed
1,580,203
|
$12,246,573,000 | |
| Xtrackers Harvest Csi 300 China A-shares Etf |
18.55%
502,131
|
$12,086,293,000 | 0.32% |
| ICICI Bank Ltd. |
0.88%
445,310
|
$11,760,637,000 | 0.31% |
| MakeMyTrip Ltd |
14.23%
164,793
|
$11,708,543,000 | 0.31% |
| Hello Group Inc |
60.35%
1,661,767
|
$10,319,970,000 | 0.27% |
| Celestica, Inc. |
4.88%
222,454
|
$10,000,037,000 | 0.26% |
| Infosys Ltd |
No change
541,426
|
$9,707,768,000 | 0.25% |
| Coca-cola Femsa Sab De Cv |
19.74%
98,213
|
$9,546,985,000 | 0.25% |
| JOYY Inc |
Closed
216,129
|
$8,580,321,000 | |
| Dr Reddy's Laboratories Ltd |
No change
115,238
|
$8,452,707,000 | 0.22% |
| Miniso Group Holding Ltd |
Closed
395,971
|
$8,077,808,000 | |
| Sabre Corp |
8.25%
3,057,805
|
$7,403,656,000 | 0.19% |
| Ishares Msci Saudi Arabia Etf |
18.18%
157,660
|
$6,962,266,000 | 0.18% |
| HDFC Bank Ltd. |
No change
119,596
|
$6,693,788,000 | 0.18% |
| Vanguard Ftse All World Ex-us Small-cap Etf |
37.91%
55,360
|
$6,468,262,000 | 0.17% |
| Ishares Msci India Etf |
19.00%
101,260
|
$5,224,003,000 | 0.14% |
| Ishares Msci India Small-cap Etf |
24.21%
67,450
|
$4,739,712,000 | 0.12% |
| Adecoagro Sa |
Closed
370,517
|
$4,112,739,000 | |
| Enerplus Corporation |
Closed
154,569
|
$2,380,780,000 | |
| Vermilion Energy Inc |
Closed
187,071
|
$2,265,679,000 | |
| Wipro Ltd. |
Opened
243,245
|
$1,398,659,000 | 0.04% |
| ZIM Integrated Shipping Services Ltd. |
Opened
131,833
|
$1,334,150,000 | 0.03% |
| KB Financial Group Inc |
41.37%
21,119
|
$1,099,666,000 | 0.03% |
| iShares MSCI ACWI ETF |
38.61%
7,580
|
$834,834,000 | 0.02% |
| Rio Tinto plc |
90.97%
9,525
|
$607,114,000 | 0.02% |
| Ishares Msci Eafe Etf |
Opened
7,239
|
$578,067,000 | 0.02% |
| United Microelectronics Corp |
73.39%
58,748
|
$475,271,000 | 0.01% |
| Microsoft Corporation |
Opened
965
|
$405,995,000 | 0.01% |
| TORM plc |
No change
11,720
|
$397,061,000 | 0.01% |
| Unilever plc |
97.61%
7,017
|
$352,174,000 | 0.01% |
| NVIDIA Corp |
Opened
334
|
$301,789,000 | 0.01% |
| JD.com Inc |
No change
10,975
|
$300,605,000 | 0.01% |
| Vanguard Ftse All-world Ex-us Etf |
61.45%
4,225
|
$247,787,000 | 0.01% |
| Sumitomo Mitsui Financial Group Inc |
97.94%
20,361
|
$239,647,000 | 0.01% |
| Golden Ocean Group Ltd |
Opened
13,809
|
$174,079,000 | 0.00% |
| No transactions found | |||
| Showing first 500 out of 99 holdings | |||
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