Q1 2026 · 13F-HR
CAUSEWAY CAPITAL MANAGEMENT LLCholdings as filed
Filed 2026-05-14 · accession 0000945621-26-000700
$8.15B
Reported value
107
Positions
2026-03-31
Period end
The Brief · CAUSEWAY CAPITAL MANAGEMENT LLC · Q1 2026
AI · grounded in 13F
CAUSEWAY CAPITAL MANAGEMENT LLC established a new position in AZN valued at $1.44B. The fund also added new positions in DTE for $47.1M and TXN for $40.0M. On the sell side, the fund trimmed its holding in B by 99.87% and closed its position in GPK for $68.2M.
Holdings as filed
| CUSIP | Ticker | Issuer | Value | % port. | Shares | Class | Voting |
|---|---|---|---|---|---|---|---|
| G0593M107 | AZN | ASTRAZENECA PLC | $1.44B | 17.7% | 7,421,749 | Common | SOLE |
| 143658300 | CCL1EUR | CARNIVAL CORP | $960.1M | 11.8% | 37,096,593 | Common | SOLE |
| D18190898 | DB | DEUTSCHE BANK AG | $723.3M | 8.88% | 24,962,034 | Common | SOLE |
| 13646K108 | CP | CANADIAN PACIFIC KANSAS CITY LTD | $689.9M | 8.47% | 8,792,381 | Common | SOLE |
| G8267P108 | SW | SMURFIT WESTROCK PLC | $620.3M | 7.61% | 15,566,028 | Common | SOLE |
| 874039100 | TSM | TAIWAN SEMICONDUCTOR MANUFACTURING CO LTD | $171.8M | 2.11% | 508,471 | Common | SOLE |
| 01609W102 | BABA | ALIBABA GROUP HOLDING LTD | $134.1M | 1.65% | 1,068,890 | Common | SOLE |
| 14448C104 | CARR | CARRIER GLOBAL CORP | $118.4M | 1.45% | 2,102,878 | Common | SOLE |
| 58933Y105 | MRK | MERCK & CO INC | $102.8M | 1.26% | 854,212 | Common | SOLE |
| 02079K107 | GOOG | ALPHABET INC | $96.8M | 1.19% | 337,298 | Common | SOLE |
| 192446102 | CTSH | COGNIZANT TECHNOLOGY SOLUTIONS CORP | $92.3M | 1.13% | 1,504,253 | Common | SOLE |
| 011659109 | ALK | ALASKA AIR GROUP INC | $92.0M | 1.13% | 2,502,211 | Common | SOLE |
| G0378L100 | AU | ANGLOGOLD ASHANTI PLC | $86.2M | 1.06% | 898,816 | Common | SOLE |
| 06738E204 | BCS | BARCLAYS PLC | $86.2M | 1.06% | 4,074,067 | Common | SOLE |
| G2519Y108 | BAP | CREDICORP LTD | $83.1M | 1.02% | 245,113 | Common | SOLE |
| 30303M102 | META | META PLATFORMS INC | $82.8M | 1.02% | 144,799 | Common | SOLE |
| G0692U109 | AXS | AXIS CAPITAL HOLDINGS LTD | $82.7M | 1.02% | 815,794 | Common | SOLE |
| G3223R108 | EG | EVEREST GROUP LTD | $81.7M | 1.00% | 250,008 | Common | SOLE |
| 538034109 | LYV | LIVE NATION ENTERTAINMENT INC | $80.3M | 0.99% | 526,418 | Common | SOLE |
| 803054204 | SAP | SAP SE | $78.1M | 0.96% | 456,005 | Common | SOLE |
| 759530108 | RELX | RELX PLC | $76.5M | 0.94% | 2,306,409 | Common | SOLE |
| 38059T106 | GFI | GOLD FIELDS LTD | $74.2M | 0.91% | 1,634,170 | Common | SOLE |
| 98956P102 | ZBH | ZIMMER BIOMET HOLDINGS INC | $73.1M | 0.90% | 808,110 | Common | SOLE |
| G3922B107 | G | GENPACT LTD | $72.6M | 0.89% | 1,948,677 | Common | SOLE |
| 172967424 | C | CITIGROUP INC | $72.0M | 0.88% | 634,931 | Common | SOLE |
| 500472303 | PHG | KONINKLIJKE PHILIPS NV | $67.3M | 0.83% | 2,456,190 | Common | SOLE |
| 099502106 | BAH | BOOZ ALLEN HAMILTON HOLDING CORP | $66.9M | 0.82% | 857,462 | Common | SOLE |
| 963320106 | WHR | WHIRLPOOL CORP | $64.8M | 0.80% | 1,201,993 | Common | SOLE |
| 032654105 | ADI | ANALOG DEVICES INC | $64.2M | 0.79% | 201,819 | Common | SOLE |
| 174610105 | CFG | CITIZENS FINANCIAL GROUP INC | $62.9M | 0.77% | 1,048,526 | Common | SOLE |
| 097023105 | BA | BOEING CO/THE | $62.5M | 0.77% | 313,926 | Common | SOLE |
| 48020Q107 | JLL | JONES LANG LASALLE INC | $56.7M | 0.70% | 186,274 | Common | SOLE |
| 254687106 | DIS | WALT DISNEY CO/THE | $54.0M | 0.66% | 559,882 | Common | SOLE |
| 717081103 | PFE | PFIZER INC | $53.8M | 0.66% | 1,914,219 | Common | SOLE |
| 09062X103 | BIIB | BIOGEN INC | $51.5M | 0.63% | 280,783 | Common | SOLE |
| 80105N105 | SNY | SANOFI SA | $51.3M | 0.63% | 1,064,516 | Common | SOLE |
| 45687V106 | IR | INGERSOLL RAND INC | $50.2M | 0.62% | 626,062 | Common | SOLE |
| 25243Q205 | DEO | DIAGEO PLC | $49.6M | 0.61% | 666,314 | Common | SOLE |
| G3265R107 | APTV | APTIV PLC | $47.5M | 0.58% | 683,463 | Common | SOLE |
| 921943858 | VEA | VANGUARD FTSE DEVELOPED MARKETS ETF | $47.2M | 0.58% | 736,637 | Common | SOLE |
| 233331107 | DTE | DTE ENERGY CO | $47.1M | 0.58% | 322,015 | Common | SOLE |
| 055622104 | BP | BP PLC | $46.9M | 0.58% | 997,934 | Common | SOLE |
| 636274409 | NGG | NATIONAL GRID PLC | $45.6M | 0.56% | 538,761 | Common | SOLE |
| 639057207 | NWG | NATWEST GROUP PLC | $44.5M | 0.55% | 2,988,309 | Common | SOLE |
| 46591M109 | JOYY | JOYY INC | $43.8M | 0.54% | 750,751 | Common | SOLE |
| 670100205 | NVO | NOVO NORDISK A/S | $43.2M | 0.53% | 1,174,213 | Common | SOLE |
| G68707101 | PAGS | PAGSEGURO DIGITAL LTD | $40.5M | 0.50% | 4,044,350 | Common | SOLE |
| 03524A108 | BUD | ANHEUSER-BUSCH INBEV SA/NV | $40.2M | 0.49% | 580,131 | Common | SOLE |
| 456837103 | ING | ING GROEP NV | $40.1M | 0.49% | 1,537,748 | Common | SOLE |
| 882508104 | TXN | TEXAS INSTRUMENTS INC | $40.0M | 0.49% | 206,214 | Common | SOLE |
| 874080104 | TAL | TAL EDUCATION GROUP | $39.5M | 0.49% | 3,478,417 | Common | SOLE |
| 74435K204 | PUK | PRUDENTIAL PLC | $37.6M | 0.46% | 1,321,151 | Common | SOLE |
| 83175M205 | SNN | SMITH & NEPHEW PLC | $30.3M | 0.37% | 953,146 | Common | SOLE |
| 110448107 | BTI | BRITISH AMERICAN TOBACCO PLC | $29.3M | 0.36% | 500,864 | Common | SOLE |
| 46429B614 | SMIN | ISHARES MSCI INDIA SMALL-CAP ETF | $28.3M | 0.35% | 471,654 | Common | SOLE |
| 71654V101 | PBR/A | PETROLEO BRASILEIRO SA - PETROBRAS | $28.0M | 0.34% | 1,495,664 | Common | SOLE |
| 456788108 | INFY | INFOSYS LTD | $25.6M | 0.31% | 1,896,488 | Common | SOLE |
| 86562M209 | SMFG | SUMITOMO MITSUI FINANCIAL GROUP INC | $25.0M | 0.31% | 1,267,248 | Common | SOLE |
| 373737105 | GGB | GERDAU SA | $24.7M | 0.30% | 6,841,155 | Common | NONE |
| 722304102 | PDD | PDD HOLDINGS INC | $24.2M | 0.30% | 237,010 | Common | SOLE |
| M9T951109 | ZIM | ZIM INTEGRATED SHIPPING SERVICES LTD | $23.4M | 0.29% | 889,550 | Common | SOLE |
| 948596101 | WB | WEIBO CORP | $23.3M | 0.29% | 2,666,202 | Common | SOLE |
| 152006102 | CGAU | CENTERRA GOLD INC | $22.1M | 0.27% | 1,245,027 | Common | SOLE |
| 46429B598 | INDA | ISHARES MSCI INDIA ETF | $21.5M | 0.26% | 459,200 | Common | SOLE |
| 101121101 | BXP | BXP INC | $19.8M | 0.24% | 380,761 | Common | SOLE |
| 91324P102 | UNH | UNITEDHEALTH GROUP INC | $19.4M | 0.24% | 71,864 | Common | SOLE |
| 92837L109 | VIST | VISTA ENERGY SAB DE CV | $16.7M | 0.20% | 220,918 | Common | SOLE |
| L6388F110 | TIGO | MILLICOM INTERNATIONAL CELLULAR SA | $15.6M | 0.19% | 208,718 | Common | SOLE |
| 824596100 | SHG | SHINHAN FINANCIAL GROUP CO LTD | $15.5M | 0.19% | 253,576 | Common | SOLE |
| 922042718 | VSS | VANGUARD FTSE ALL WORLD EX-US SMALL-CAP ETF | $15.1M | 0.19% | 103,581 | Common | SOLE |
| 03938L203 | MT | ARCELORMITTAL SA | $13.8M | 0.17% | 265,697 | Common | SOLE |
| 349942102 | FSM | FORTUNA MINING CORP | $12.4M | 0.15% | 1,251,045 | Common | SOLE |
| 45104G104 | IBN | ICICI BANK LTD | $11.7M | 0.14% | 450,887 | Common | SOLE |
| 31810T101 | FINV | FINVOLUTION GROUP | $11.5M | 0.14% | 2,401,084 | Common | SOLE |
| 40415F101 | HDB | HDFC BANK LTD | $9.9M | 0.12% | 399,171 | Common | SOLE |
| 40090E106 | CIB | GRUPO CIBEST SA | $9.6M | 0.12% | 132,364 | Common | SOLE |
| 15101Q207 | CLS | CELESTICA INC | $7.0M | 0.09% | 24,809 | Common | SOLE |
| 88034P109 | TME | TENCENT MUSIC ENTERTAINMENT GROUP | $5.7M | 0.07% | 612,900 | Common | NONE |
| 88557W101 | QFIN | QFIN HOLDINGS INC | $4.3M | 0.05% | 330,288 | Common | NONE |
| 464287465 | EFA | ISHARES MSCI EAFE ETF | $3.7M | 0.05% | 37,761 | Common | SOLE |
| 46434G772 | EWT | ISHARES MSCI TAIWAN ETF | $2.6M | 0.03% | 37,151 | Common | SOLE |
| V5633W109 | MMYT | MAKEMYTRIP LTD | $2.4M | 0.03% | 64,544 | Common | SOLE |
| 464288257 | ACWI | ISHARES MSCI ACWI ETF | $2.1M | 0.03% | 15,421 | Common | SOLE |
| 46434V423 | KSA | ISHARES MSCI SAUDI ARABIA ETF | $2.1M | 0.03% | 52,898 | Common | SOLE |
| 29269R105 | EFXT | ENERFLEX LTD | $1.1M | 0.01% | 52,946 | Common | SOLE |
| M6158M104 | ITRN | ITURAN LOCATION AND CONTROL LTD | $1.0M | 0.01% | 20,439 | Common | SOLE |
| M5425M103 | INMD | INMODE LTD | $982,621 | 0.01% | 71,829 | Common | SOLE |
| 97651M109 | WIT | WIPRO LTD | $939,508 | 0.01% | 443,164 | Common | SOLE |
| 67066G104 | NVDA | NVIDIA CORP | $625,922 | 0.01% | 3,589 | Common | SOLE |
| 37733W204 | GSK | GSK PLC | $613,177 | 0.01% | 11,110 | Common | SOLE |
| 464288273 | SCZ | ISHARES MSCI EAFE SMALL-CAP ETF | $556,711 | 0.01% | 7,100 | Common | SOLE |
| 922042775 | VEU | VANGUARD FTSE ALL-WORLD EX-US ETF | $464,938 | 0.01% | 6,191 | Common | SOLE |
| 11777Q209 | BTG | B2GOLD CORP | $427,920 | 0.01% | 94,491 | Common | SOLE |
| Y2990R101 | HAFN | HAFNIA LTD | $416,252 | 0.01% | 54,367 | Common | SOLE |
| 922042858 | VWO | VANGUARD FTSE EMERGING MARKETS ETF | $403,699 | 0.00% | 7,469 | Common | SOLE |
| N4732M103 | JBS | JBS NV | $377,052 | 0.00% | 20,994 | Common | SOLE |
| 74022D407 | PDS | PRECISION DRILLING CORP | $322,839 | 0.00% | 3,291 | Common | SOLE |
| 06849F108 | B | BARRICK MINING CORP | $315,615 | 0.00% | 7,736 | Common | SOLE |
| G7496G103 | RNR | RENAISSANCERE HOLDINGS LTD | $295,447 | 0.00% | 994 | Common | SOLE |
| 594918104 | MSFT | MICROSOFT CORP | $285,771 | 0.00% | 772 | Common | SOLE |
| Y10230103 | BWLP | BW LPG LTD | $268,744 | 0.00% | 15,291 | Common | SOLE |
| 11135F101 | AVGO | BROADCOM INC | $260,917 | 0.00% | 843 | Common | SOLE |
| 199908104 | FIX | COMFORT SYSTEMS USA INC | $253,734 | 0.00% | 184 | Common | SOLE |
| 037833100 | AAPL | APPLE INC | $234,248 | 0.00% | 923 | Common | SOLE |
| 66987V109 | NVS | NOVARTIS AG | $227,167 | 0.00% | 1,487 | Common | SOLE |
| 020002101 | ALL | ALLSTATE CORP/THE | $208,377 | 0.00% | 1,005 | Common | SOLE |
| 866082100 | INN | SUMMIT HOTEL PROPERTIES INC | $65,584 | 0.00% | 14,838 | Common | SOLE |
Source: SEC EDGAR · raw 13F holdings as filed. The Class column shows the option type when reported (Put/Call) or Common when the issuer's equity is held directly. 13F discloses long positions only.