AI Portfolio Summary
In 2025 Q4, CAUSEWAY CAPITAL MANAGEMENT LLC maintained a portfolio of 119 distinct positions. The most significant new addition to the portfolio was ALASKA AIR GROUP INC, which now represents 0.99% of the total fund value. They heavily accumulated shares in CARNIVAL CORP, increasing their position by 6.4%. The fund also reduced its exposure to BARRICK MINING CORP by 61.2%.
Total Positions
119
Quarter
2025 Q4
Top Holding
CCL (14.3%)
Top 10 Concentration
57.9%
Turnover Rate
23.4%
Sector HHI
0.18
Items per page:
Showing 1-50 of 119
| Stock | History | Sector / Type | Port % | Prev % | Rank / Prev | Conviction | Change | % Change | Influence | Shares | Mkt Value | Avg Cost | Price Held | 1st Owned | Source | Source Date | Date Reported |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|
CCL
CARNIVAL CORP
|
Consumer Cyclical | 14.26% | 12.19% |
#1
1
Prev: #2
|
8.0 | 2,032,781 | 6.4% |
P
S
|
33,944,782 | $1,036,673,696 | 2013 Q2 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
CP
CANADIAN PACIFI...
|
Industrials | 12.78% | 13.31% |
#2
1
Prev: #1
|
6.0 | -926,071 | -6.8% |
P
S
|
12,596,802 | $928,556,747 | 2017 Q1 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
SW
SMURFIT WESTROC...
|
Consumer Cyclical | 10.18% | 4.23% |
#3
3
Prev: #6
|
8.0 | 11,609,896 | 154.3% |
P
S
|
19,132,879 | $739,868,443 | 2024 Q3 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
DB
DEUTSCHE BANK A...
|
Financial Services | 7.59% | 8.19% |
#4
1
Prev: #3
|
4.0 | -3,424,411 | -19.4% |
P
S
|
14,194,354 | $551,670,976 | 2025 Q1 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
B
BARRICK MINING ...
|
Basic Materials | 3.64% | 6.80% |
#5
1
Prev: #4
|
2.0 | -9,600,845 | -61.2% |
P
S
|
6,093,395 | $264,486,969 | 2025 Q2 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
BABA
ALIBABA GROUP H...
|
Consumer Cyclical | 2.43% | 2.91% |
#6
1
Prev: #7
|
1.5 | -28,415 | -2.3% |
P
S
|
1,203,049 | $176,342,922 | 2015 Q4 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
TSM
TAIWAN SEMICOND...
|
Technology | 2.14% | 1.87% |
#7
2
Prev: #9
|
1.4 | 3,969 | 0.8% |
P
S
|
511,720 | $155,506,439 | 2008 Q1 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
CTSH
COGNIZANT TECHN...
|
Technology | 1.77% | 1.20% |
#8
5
Prev: #13
|
2.7 | 202,183 | 15.0% |
P
S
|
1,552,361 | $128,845,979 | 2024 Q2 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
GOOG
ALPHABET INC
|
Communication Services | 1.60% | 2.03% |
#9
1
Prev: #8
|
0.6 | -262,157 | -41.5% |
P
S
|
370,001 | $116,106,220 | 2020 Q3 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
MRK
MERCK & CO INC
|
Healthcare | 1.51% | 1.26% |
#10
2
Prev: #12
|
1.1 | -89,440 | -7.9% |
P
S
|
1,044,617 | $109,956,449 | 2019 Q1 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
CARR
CARRIER GLOBAL ...
|
Industrials | 1.34% | 1.16% |
#11
4
Prev: #15
|
3.0 | 382,346 | 26.1% |
P
S
|
1,848,827 | $97,692,043 | 2020 Q4 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
G
GENPACT LTD
|
Technology | 1.34% | 1.04% |
#12
7
Prev: #19
|
2.5 | 205,777 | 11.0% |
P
S
|
2,084,209 | $97,499,333 | 2020 Q2 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
BCS
BARCLAYS PLC
|
Financial Services | 1.31% | 1.19% |
#13
1
Prev: #14
|
1.0 | -602,342 | -13.8% |
P
S
|
3,750,607 | $95,452,949 | 2011 Q4 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
AZN
ASTRAZENECA PLC
|
Healthcare | 1.28% | 1.08% |
#14
2
Prev: #16
|
1.0 | -56,473 | -5.3% |
P
S
|
1,010,898 | $92,931,891 | 2021 Q2 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
BIIB
BIOGEN INC
|
Healthcare | 1.26% | 1.05% |
#15
3
Prev: #18
|
1.0 | -46,417 | -8.2% |
P
S
|
521,101 | $91,708,545 | 2016 Q2 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
C
CITIGROUP INC
|
Financial Services | 1.12% | 1.34% |
#16
6
Prev: #10
|
0.4 | -300,633 | -30.1% |
P
S
|
697,445 | $81,384,872 | 2005 Q4 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
EG
EVEREST GROUP L...
|
Financial Services | 1.11% | 0.81% |
#17
8
Prev: #25
|
2.9 | 62,872 | 35.8% |
P
S
|
238,558 | $80,954,840 | 2025 Q3 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
AXS
AXIS CAPITAL HO...
|
Financial Services | 1.06% | 1.06% |
#18
1
Prev: #17
|
0.9 | -115,640 | -13.8% |
P
S
|
721,221 | $77,235,634 | 2024 Q3 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
META
META PLATFORMS ...
|
Communication Services | 1.00% | 0.84% |
#19
4
Prev: #23
|
2.9 | 23,468 | 27.0% |
P
S
|
110,385 | $72,864,181 | 2021 Q2 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
ALK
ALASKA AIR GROU...
|
Industrials | 0.99% | — |
#20
Prev: #—
|
3.9 | 1,434,517 | no change |
NEW
|
1,434,517 | $72,156,251 | 2018 Q4 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
ADI
ANALOG DEVICES ...
|
Technology | 0.98% | 0.98% |
#21
1
Prev: #20
|
0.9 | -39,242 | -13.0% |
P
S
|
263,030 | $71,333,835 | 2023 Q4 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
GFI
GOLD FIELDS LTD
|
Basic Materials | 0.97% | 0.86% |
#22
Prev: #22
|
2.4 | 78,061 | 5.1% |
P
S
|
1,621,076 | $70,776,178 | 2008 Q4 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
BAP
CREDICORP LTD
|
Financial Services | 0.96% | 0.76% |
#23
4
Prev: #27
|
2.4 | 26,396 | 12.2% |
P
S
|
242,024 | $69,460,888 | 2015 Q2 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
GPK
GRAPHIC PACKAGI...
|
Consumer Cyclical | 0.94% | 0.67% |
#24
11
Prev: #35
|
3.4 | 1,926,978 | 74.1% |
P
S
|
4,528,554 | $68,200,052 | 2025 Q2 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
ZBH
ZIMMER BIOMET H...
|
Healthcare | 0.90% | 0.76% |
#25
3
Prev: #28
|
2.9 | 146,719 | 25.2% |
P
S
|
728,498 | $65,506,589 | 2018 Q2 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
LYV
LIVE NATION ENT...
|
Communication Services | 0.88% | 0.50% |
#26
24
Prev: #50
|
3.4 | 214,709 | 92.4% |
P
S
|
447,113 | $63,713,601 | 2024 Q3 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
DIS
WALT DISNEY CO/...
|
Communication Services | 0.85% | 0.90% |
#27
6
Prev: #21
|
0.8 | -49,851 | -8.4% |
P
S
|
546,064 | $62,125,705 | 2008 Q4 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
SAP
SAP SE
|
Technology | 0.84% | 0.68% |
#28
6
Prev: #34
|
2.8 | 57,000 | 29.4% |
P
S
|
250,748 | $60,909,191 | 2011 Q4 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
PHG
KONINKLIJKE PHI...
|
Healthcare | 0.82% | 0.71% |
#29
3
Prev: #32
|
2.3 | 240,419 | 12.3% |
P
S
|
2,198,531 | $59,536,221 | 2005 Q4 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
CFG
CITIZENS FINANC...
|
Financial Services | 0.82% | 0.77% |
#30
4
Prev: #26
|
0.8 | -75,874 | -7.0% |
P
S
|
1,014,186 | $59,238,608 | 2023 Q2 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
BP
BP PLC
|
Energy | 0.78% | 0.72% |
#31
1
Prev: #30
|
0.8 | 57,295 | 3.6% |
P
S
|
1,640,680 | $56,980,805 | 2005 Q4 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
WHR
WHIRLPOOL CORP
|
Consumer Cyclical | 0.76% | 0.64% |
#32
6
Prev: #38
|
2.8 | 144,189 | 23.4% |
P
S
|
761,228 | $54,915,013 | 2005 Q4 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
NGG
NATIONAL GRID P...
|
Utilities | 0.76% | 0.64% |
#33
4
Prev: #37
|
2.3 | 38,342 | 5.7% |
P
S
|
709,485 | $54,878,695 | 2024 Q3 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
JOYY
JOYY INC
|
ETF | 0.72% | 0.61% |
#34
7
Prev: #41
|
0.8 | 22,541 | 2.9% |
P
S
|
812,601 | $52,624,041 | 2019 Q4 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
PFE
PFIZER INC
|
Healthcare | 0.72% | 0.70% |
#35
2
Prev: #33
|
0.8 | 19,672 | 0.9% |
P
S
|
2,091,719 | $52,083,825 | 2005 Q4 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
SNY
SANOFI SA
|
Healthcare | 0.71% | 0.61% |
#36
6
Prev: #42
|
2.3 | 84,641 | 8.6% |
P
S
|
1,063,958 | $51,559,385 | 2005 Q4 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
APTV
APTIV PLC
|
Consumer Cyclical | 0.70% | 0.82% |
#37
13
Prev: #24
|
0.8 | -54,223 | -7.5% |
P
S
|
668,620 | $50,875,312 | 2025 Q1 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
NVO
NOVO NORDISK A/...
|
Healthcare | 0.70% | 0.51% |
#38
11
Prev: #49
|
2.8 | 297,871 | 42.8% |
P
S
|
993,850 | $50,567,080 | 2025 Q2 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
RELX
RELX PLC
|
Industrials | 0.66% | 0.46% |
#39
15
Prev: #54
|
3.3 | 466,218 | 64.5% |
P
S
|
1,189,379 | $48,074,714 | 2019 Q1 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
IR
INGERSOLL RAND ...
|
Industrials | 0.65% | 0.61% |
#40
3
Prev: #43
|
2.3 | 40,542 | 7.3% |
P
S
|
596,771 | $47,276,237 | 2025 Q2 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
PUK
PRUDENTIAL PLC
|
Financial Services | 0.65% | 0.55% |
#41
5
Prev: #46
|
0.8 | 33,473 | 2.3% |
P
S
|
1,508,912 | $46,957,340 | 2016 Q2 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
BUD
ANHEUSER-BUSCH ...
|
Consumer Defensive | 0.62% | 0.48% |
#42
11
Prev: #53
|
2.2 | 91,657 | 15.0% |
P
S
|
701,343 | $44,914,007 | 2022 Q3 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
INFY
INFOSYS LTD
|
Technology | 0.61% | 0.06% |
#43
40
Prev: #83
|
3.2 | 2,198,391 | 774.3% |
P
S
|
2,482,318 | $44,234,907 | 2008 Q3 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
PDD
PDD HOLDINGS IN...
|
Consumer Cyclical | 0.58% | 0.54% |
#44
3
Prev: #47
|
2.2 | 61,600 | 19.9% |
P
S
|
371,241 | $42,095,017 | 2020 Q2 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
DEO
DIAGEO PLC
|
Consumer Defensive | 0.58% | 0.59% |
#45
1
Prev: #44
|
0.7 | 18,422 | 3.9% |
P
S
|
485,288 | $41,865,780 | 2005 Q4 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
PAGS
PAGSEGURO DIGIT...
|
Technology | 0.54% | 0.51% |
#46
2
Prev: #48
|
0.7 | 153,332 | 3.9% |
P
S
|
4,045,457 | $38,998,205 | 2025 Q2 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
AU
ANGLOGOLD ASHAN...
|
Basic Materials | 0.52% | 0.18% |
#47
28
Prev: #75
|
3.2 | 235,747 | 118.8% |
P
S
|
434,260 | $37,559,428 | 2019 Q3 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
BAH
BOOZ ALLEN HAMI...
|
Industrials | 0.46% | — |
#48
Prev: #—
|
3.7 | 396,332 | no change |
NEW
|
396,332 | $33,434,560 | 2025 Q4 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
BA
BOEING CO/THE
|
Industrials | 0.45% | — |
#49
Prev: #—
|
3.7 | 151,928 | no change |
NEW
|
151,928 | $32,986,712 | 2005 Q4 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
SMIN
ISHARES MSCI IN...
|
ETF | 0.44% | 0.35% |
#50
9
Prev: #59
|
2.7 | 91,457 | 24.9% |
P
S
|
458,977 | $32,087,082 | 2019 Q1 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) |
Showing 1-50 of 119 holdings