Causeway Capital Management LLC reported 100 positions worth $9.02B for the quarter ended Jun 30, 2026, up 13.0% on the prior quarter. It opened 17 new positions, added to 39, trimmed 42 and exited 6. Its largest holding is Astrazeneca Plc at 19.4% of the portfolio.
Reported 13F market value at each quarter end. A change mixes trading with price moves in the positions held.
Dollar value of shares bought and sold each quarter, at that quarter’s price. It counts trading only, not price changes.
How many positions were opened, added to, trimmed or closed each quarter.
Share of reported value in each sector at every quarter end.
| Holding | Change | Change % | Trade Value | Weight |
|---|---|---|---|---|
| AZN Astrazeneca Plc | +1.94M | +26.1% | $362.32M | 19.42% |
| DB Deutsche Bank Aktiengesellschaft | +4.40M | +17.6% | $148.87M | 11.02% |
| CCL Carnival Corp Ltd. | +4.09M | +11.0% | $116.97M | 13.04% |
| NTES NetEase, Inc. | +572.4K | – | $73.35M | 0.813% |
| ALK Alaska Air Group, Inc. | +681.0K | +27.2% | $35.55M | 1.84% |
| IR Ingersoll Rand Inc. | +407.6K | +65.1% | $33.42M | 0.939% |
| LYV Live Nation Entertainment, Inc. | +179.9K | +34.2% | $32.94M | 1.43% |
| META Meta Platforms, Inc. | +56.7K | +39.1% | $31.92M | 1.26% |
| BSX Boston Scientific Corp | +720.3K | – | $30.74M | 0.341% |
| JD JD.com, Inc. | +1.20M | – | $30.56M | 0.339% |
| Holding | Change | Change % | Trade Value | Weight |
|---|---|---|---|---|
| CP Canadian Pacific Kansas City Ltd | -2.08M | -23.7% | $180.34M | 6.45% |
| WHR Whirlpool Corp | -1.20M | -100.0% | $64.81M | Exited |
| APTV Aptiv PLC | -683.5K | -100.0% | $47.46M | Exited |
| JOYY JOYY Inc. | -641.5K | -85.4% | $42.33M | 0.08% |
| CTSH Cognizant Technology Solutions Corp | -1.01M | -67.1% | $39.09M | 0.212% |
| BP Bp Plc | -951.9K | -95.4% | $35.17M | 0.019% |
| G Genpact LTD | -1.24M | -63.5% | $34.05M | 0.217% |
| C Citigroup Inc | -176.1K | -27.7% | $24.64M | 0.712% |
| SW Smurfit Westrock plc | -527.0K | -3.4% | $24.38M | 7.71% |
| PDD PDD Holdings Inc. | -237.0K | -100.0% | $24.22M | Exited |
| Holding | Shares | Trade Value | Weight |
|---|---|---|---|
| NTES NetEase, Inc. | +572.4K | $73.35M | 0.813% |
| BSX Boston Scientific Corp | +720.3K | $30.74M | 0.341% |
| JD JD.com, Inc. | +1.20M | $30.56M | 0.339% |
| HTHT H World Group Ltd | +570.4K | $23.80M | 0.264% |
| ARCO Arcos Dorados Holdings Inc. | +1.96M | $15.81M | 0.175% |
| TD Toronto Dominion Bank | +97.2K | $11.82M | 0.131% |
| CM Canadian Imperial Bank Of Commerce | +83.8K | $9.65M | 0.107% |
| SU Suncor Energy Inc | +138.5K | $7.45M | 0.083% |
| STN Stantec Inc | +56.2K | $3.87M | 0.043% |
| GLBE Global-E Online Ltd. | +102.2K | $3.55M | 0.039% |
| Holding | Shares Sold | Trade Value | Prior Weight |
|---|---|---|---|
| WHR Whirlpool Corp | -1.20M | $64.81M | 0.812% |
| APTV Aptiv PLC | -683.5K | $47.46M | 0.594% |
| PDD PDD Holdings Inc. | -237.0K | $24.22M | 0.303% |
| TME Tencent Music Entertainment Group | -612.9K | $5.69M | 0.071% |
| QFIN Qfin Holdings, Inc. | -330.3K | $4.26M | 0.053% |
| JBS Jbs N.V. | -21.0K | $377.05K | <0.01% |
| # | Activity | ||||||||
|---|---|---|---|---|---|---|---|---|---|
| 1 | AZN Astrazeneca Plc | Healthcare | 9.36M | $1.75B | 19.42% | +1.94M | +26.1% | Added | 0.6% |
| 2 | CCL Carnival Corp Ltd. | Consumer Discretionary | 41.19M | $1.18B | 13.04% | +4.09M | +11.0% | Added | 2.98% |
| 3 | DB Deutsche Bank Aktiengesellschaft | Financial Services | 29.36M | $994.16M | 11.02% | +4.40M | +17.6% | Added | 1.5% |
| 4 | SW Smurfit Westrock plc | Basic Materials | 15.04M | $695.71M | 7.71% | -527.0K | -3.4% | Reduced | 2.87% |
| 5 | CP Canadian Pacific Kansas City Ltd | Industrials | 6.71M | $581.66M | 6.45% | -2.08M | -23.7% | Reduced | 0.76% |
| 6 | TSM Taiwan Semiconductor Manufacturing Co Ltd | Technology | 532.1K | $254.09M | 2.82% | +23.6K | +4.6% | Added | 0% |
| 7 | ALK Alaska Air Group, Inc. | Industrials | 3.18M | $166.16M | 1.84% | +681.0K | +27.2% | Added | 2.85% |
| 8 | CARR CARRIER GLOBAL Corp | Industrials | 2.18M | $159.79M | 1.77% | +75.6K | +3.6% | Added | 0.26% |
| 9 | LYV Live Nation Entertainment, Inc. | Communication Services | 706.3K | $129.33M | 1.43% | +179.9K | +34.2% | Added | 0.3% |
| 10 | MRK Merck & Co., Inc. | Healthcare | 954.9K | $122.71M | 1.36% | +100.7K | +11.8% | Added | 0.04% |
| 11 | META Meta Platforms, Inc. | Technology | 201.5K | $113.48M | 1.26% | +56.7K | +39.1% | Added | 0.01% |
| 12 | GOOG Alphabet Inc. | Technology | 316.2K | $111.73M | 1.24% | -21.1K | -6.2% | Reduced | 0% |
| 13 | BCS Barclays Plc | Financial Services | 3.98M | $106.79M | 1.18% | -98.3K | -2.4% | Reduced | 0.11% |
| 14 | BAP Credicorp Ltd | Financial Services | 255.4K | $99.51M | 1.1% | +10.3K | +4.2% | Added | 0.32% |
| 15 | SAP Sap Se | Technology | 629.8K | $97.06M | 1.08% | +173.8K | +38.1% | Added | 0.05% |
Tip. Select a row to see that position’s full history at Causeway Capital Management.
As of its Q2 2026 13F filing, Causeway Capital Management LLC’s five largest positions were Astrazeneca Plc (AZN) at 19.4%, Carnival Corp Ltd. (CCL) at 13.0%, Deutsche Bank Aktiengesellschaft (DB) at 11.0%, Smurfit Westrock plc (SW) at 7.7%, Canadian Pacific Kansas City Ltd (CP) at 6.4% of the reported portfolio.
Causeway Capital Management LLC reported a 13F portfolio worth $9.02B across 100 positions for Q2 2026. That is up 13.0% from the previous quarter.
Its largest purchases by value were Astrazeneca Plc ($362.32M), Deutsche Bank Aktiengesellschaft ($148.87M), Carnival Corp Ltd. ($116.97M). It opened 17 new positions.
Its largest sales by value were Canadian Pacific Kansas City Ltd ($180.34M), Whirlpool Corp ($64.81M), Aptiv PLC ($47.46M). It exited 6 positions entirely.
From the Form 13F-HR reports Causeway Capital Management LLC files with the SEC each quarter, within 45 days of quarter end. A 13F lists long positions in US-listed equities and options; it excludes short positions, cash, bonds and most non-US holdings.
13F data reflects long positions in US-listed equities and options as reported to the SEC up to 45 days after quarter end. It excludes short positions, cash, bonds and most non-US securities, so it is not a complete picture of a manager’s assets.