# CAUSEWAY CAPITAL MANAGEMENT LLC: Form 13F holdings

An institutional investment manager in LOS ANGELES, CA. SEC CIK 1165797.

- Quarter ended: 2026-06-30
- Filed: 2026-08-13
- Reported value: $9.24bn
- Positions: 122 (122 lines in the filing's table; lines for the same security and option type are added together here)
- Compared with: the 13F for the quarter ended 2026-03-31
- Filing: https://www.sec.gov/Archives/edgar/data/1165797/000094562126001052/

## Holdings

As filed, largest first. Reported value is what the manager stated at the quarter end (Jun 30, 2026), in US dollars; it is filing data, not a price. Weight is the share of the total reported value.

| Issuer | Class | Reported value | Weight | Shares | Put or call | Change on the quarter before |
| --- | --- | ---: | ---: | ---: | --- | --- |
| ASTRAZENECA PLC | SPONSORED ADR | $1.75bn | 19.0% | 9,357,390 |  | Added +1,935,641 |
| CARNIVAL CORP LTD | UNIT 99/99/9999 | $1.18bn | 12.7% | 41,190,606 |  | New +41,190,606 |
| DEUTSCHE BANK AG | NAMEN AKT | $994.2m | 10.8% | 29,358,318 |  | Added +4,396,284 |
| SMURFIT WESTROCK PLC | SHS | $695.7m | 7.5% | 15,039,041 |  | Reduced −526,987 |
| [CANADIAN PACIFIC KANSAS CITY LTD (CP)](/companies/cp.md) | COM | $581.7m | 6.3% | 6,711,483 |  | Reduced −2,080,898 |
| [TAIWAN SEMICONDUCTOR MANUFACTURING CO LTD (TSM)](/companies/tsm.md) | SPONSORED ADS | $254.1m | 2.8% | 532,052 |  | Added +23,581 |
| [ALASKA AIR GROUP INC (ALK)](/companies/alk.md) | COM | $166.2m | 1.8% | 3,183,163 |  | Added +680,952 |
| [CARRIER GLOBAL CORP (CARR)](/companies/carr.md) | COM | $159.8m | 1.7% | 2,178,506 |  | Added +75,628 |
| [LIVE NATION ENTERTAINMENT INC (LYV)](/companies/lyv.md) | COM | $129.3m | 1.4% | 706,301 |  | Added +179,883 |
| [MERCK & CO INC (MRK)](/companies/mrk.md) | COM | $122.7m | 1.3% | 954,932 |  | Added +100,720 |
| [META PLATFORMS INC (META)](/companies/meta.md) | CL A | $113.5m | 1.2% | 201,459 |  | Added +56,660 |
| [ALPHABET INC (GOOGL)](/companies/googl.md) | CAP STK CL C | $111.7m | 1.2% | 316,217 |  | Reduced −21,081 |
| [BARCLAYS PLC (BCS)](/companies/bcs.md) | ADR | $106.8m | 1.2% | 3,975,718 |  | Reduced −98,349 |
| CREDICORP LTD | COM | $99.5m | 1.1% | 255,436 |  | Added +10,323 |
| [SAP SE (SAP)](/companies/sap.md) | SPON ADR | $97.1m | 1.1% | 629,801 |  | Added +173,796 |
| [ALIBABA GROUP HOLDING LTD (BABA)](/companies/baba.md) | SPONSORED ADS | $95.5m | 1.0% | 995,040 |  | Reduced −73,850 |
| AXIS CAPITAL HOLDINGS LTD | SHS | $92.4m | 1.0% | 859,727 |  | Added +43,933 |
| EVEREST GROUP LTD | COM | $90.3m | 1.0% | 252,702 |  | Added +2,694 |
| [INGERSOLL RAND INC (IR)](/companies/ir.md) | COM | $84.8m | 0.9% | 1,033,693 |  | Added +407,631 |
| [KONINKLIJKE PHILIPS NV (PHG)](/companies/phg.md) | NY REGIS SHS NEW | $83.3m | 0.9% | 3,061,962 |  | Added +605,772 |
| [NOVO NORDISK A/S (NVO)](/companies/nvo.md) | ADR | $80.4m | 0.9% | 1,677,615 |  | Added +503,402 |
| [JONES LANG LASALLE INC (JLL)](/companies/jll.md) | COM | $76.9m | 0.8% | 248,252 |  | Added +61,978 |
| [CITIZENS FINANCIAL GROUP INC (CFG)](/companies/cfg.md) | COM | $75.5m | 0.8% | 1,077,093 |  | Added +28,567 |
| [NETEASE INC (NTES)](/companies/ntes.md) | SPONSORED ADS | $73.3m | 0.8% | 572,412 |  | New +572,412 |
| [DIAGEO PLC (DEO)](/companies/deo.md) | SPON ADR NEW | $72.3m | 0.8% | 899,015 |  | Added +232,701 |
| [ZIMMER BIOMET HOLDINGS INC (ZBH)](/companies/zbh.md) | COM | $67.9m | 0.7% | 788,810 |  | Reduced −19,300 |
| [BOEING CO/THE (BA)](/companies/ba.md) | COM | $67.8m | 0.7% | 313,048 |  | Reduced −878 |
| [CITIGROUP INC (C)](/companies/c.md) | COM NEW | $64.2m | 0.7% | 458,858 |  | Reduced −176,073 |
| [NATWEST GROUP PLC (NWG)](/companies/nwg.md) | SPONS ADR | $61.5m | 0.7% | 3,487,290 |  | Added +498,981 |
| [BIOGEN INC (BIIB)](/companies/biib.md) | COM | $60.1m | 0.7% | 278,283 |  | Reduced −2,500 |
| [GOLD FIELDS LTD (GFI)](/companies/gfi.md) | SPONSORED ADR | $57.5m | 0.6% | 1,713,233 |  | Added +79,063 |
| [ANALOG DEVICES INC (ADI)](/companies/adi.md) | COM | $56.4m | 0.6% | 142,050 |  | Reduced −59,769 |
| [RELX PLC (RELX)](/companies/relx.md) | SPONSORED ADR | $55.8m | 0.6% | 1,762,329 |  | Reduced −544,080 |
| ANGLOGOLD ASHANTI PLC | COM SHS | $55.7m | 0.6% | 688,027 |  | Reduced −210,789 |
| [ING GROEP NV (ING)](/companies/ing.md) | SPONSORED ADR | $53.1m | 0.6% | 1,690,687 |  | Added +152,939 |
| [BOOZ ALLEN HAMILTON HOLDING CORP (BAH)](/companies/bah.md) | CL A | $51.6m | 0.6% | 849,966 |  | Reduced −7,496 |
| [TEXAS INSTRUMENTS INC (TXN)](/companies/txn.md) | COM | $49.6m | 0.5% | 166,496 |  | Reduced −39,718 |
| [NATIONAL GRID PLC (NGG)](/companies/ngg.md) | SPONSORED ADR NE | $48.9m | 0.5% | 590,240 |  | Added +51,479 |
| [DTE ENERGY CO (DTE)](/companies/dte.md) | COM | $48.8m | 0.5% | 320,526 |  | Reduced −1,489 |
| [PFIZER INC (PFE)](/companies/pfe.md) | COM | $46.2m | 0.5% | 1,916,801 |  | Added +2,582 |
| [PETROLEO BRASILEIRO SA - PETROBRAS (PBR)](/companies/pbr.md) | SP ADR NON VTG | $45.3m | 0.5% | 3,096,624 |  | Added +1,600,960 |
| [PRUDENTIAL PLC (PUK)](/companies/puk.md) | ADR | $45.3m | 0.5% | 1,689,218 |  | Added +368,067 |
| [SMITH & NEPHEW PLC (SNN)](/companies/snn.md) | SPDN ADR NEW | $45.1m | 0.5% | 1,565,167 |  | Added +612,021 |
| [TAL EDUCATION GROUP (TAL)](/companies/tal.md) | SPONSORED ADS | $39.5m | 0.4% | 4,125,430 |  | Added +647,013 |
| ISHARES MSCI INDIA SMALL-CAP ETF | MSCI INDIA SM CP | $38.4m | 0.4% | 542,849 |  | Added +71,195 |
| [UNITEDHEALTH GROUP INC (UNH)](/companies/unh.md) | COM | $36.3m | 0.4% | 87,447 |  | Added +15,583 |
| [WALT DISNEY CO/THE (DIS)](/companies/dis.md) | COM | $34.7m | 0.4% | 360,600 |  | Reduced −199,282 |
| [SANOFI SA (SNY)](/companies/sny.md) | SPONSORED ADR | $34.3m | 0.4% | 804,056 |  | Reduced −260,460 |
| [BRITISH AMERICAN TOBACCO PLC (BTI)](/companies/bti.md) | SPONSORED ADR | $33.8m | 0.4% | 547,925 |  | Added +47,061 |
| [SUMITOMO MITSUI FINANCIAL GROUP INC (SMFG)](/companies/smfg.md) | SPONSORED ADR | $32.8m | 0.4% | 1,392,610 |  | Added +125,362 |
| [VISTA ENERGY SAB DE CV (VIST)](/companies/vist.md) | SPONSORED ADS | $32.0m | 0.3% | 501,275 |  | Added +280,357 |
| ISHARES MSCI INDIA ETF | MSCI INDIA ETF | $31.0m | 0.3% | 628,500 |  | Added +169,300 |
| [BOSTON SCIENTIFIC CORP (BSX)](/companies/bsx.md) | COM | $30.7m | 0.3% | 720,339 |  | New +720,339 |
| [JD.COM INC (JD)](/companies/jd.md) | SPON ADS CL A | $30.6m | 0.3% | 1,199,207 |  | New +1,199,207 |
| VANGUARD FTSE DEVELOPED MARKETS ETF | VAN FTSE DEV MKT | $30.4m | 0.3% | 427,314 |  | Reduced −309,323 |
| [GERDAU SA (GGB)](/companies/ggb.md) | SPON ADR REP PFD | $29.2m | 0.3% | 7,229,538 |  | Added +388,383 |
| [ANHEUSER-BUSCH INBEV SA/NV (BUD)](/companies/bud.md) | SPONSORED ADR | $28.6m | 0.3% | 347,657 |  | Reduced −232,474 |
| PAGSEGURO DIGITAL LTD | COM CL A | $28.3m | 0.3% | 3,130,268 |  | Reduced −914,082 |
| [BXP INC (BXP)](/companies/bxp.md) | COM | $25.1m | 0.3% | 378,480 |  | Reduced −2,281 |
| [H WORLD GROUP LTD (HTHT)](/companies/htht.md) | SPONSORED ADS | $23.8m | 0.3% | 570,437 |  | New +570,437 |
| [OCEANAGOLD CORP (OGC)](/companies/ogc.md) | COM NEW | $22.8m | 0.2% | 911,012 |  | New +911,012 |
| [CENTERRA GOLD INC (CGAU)](/companies/cgau.md) | COM | $20.4m | 0.2% | 1,285,398 |  | Added +40,371 |
| GENPACT LTD | SHS | $19.5m | 0.2% | 710,380 |  | Reduced −1,238,297 |
| [COGNIZANT TECHNOLOGY SOLUTIONS CORP (CTSH)](/companies/ctsh.md) | CL A | $19.2m | 0.2% | 494,846 |  | Reduced −1,009,407 |
| ZIM INTEGRATED SHIPPING SERVICES LTD | SHS | $18.1m | 0.2% | 694,474 |  | Reduced −195,076 |
| [FORTUNA MINING CORP (FSM)](/companies/fsm.md) | COM NEW | $17.6m | 0.2% | 2,086,645 |  | Added +835,600 |
| [WEIBO CORP (WB)](/companies/wb.md) | SPONSORED ADR | $16.8m | 0.2% | 2,317,577 |  | Reduced −348,625 |
| ARCOS DORADOS HOLDINGS INC | SHS CLASS -A | $15.8m | 0.2% | 1,961,513 |  | New +1,961,513 |
| [ICICI BANK LTD (IBN)](/companies/ibn.md) | ADR | $13.0m | 0.1% | 447,935 |  | Reduced −2,952 |
| VANGUARD FTSE ALL WORLD EX-US SMALL-CAP ETF | FTSE SMCAP ETF | $12.5m | 0.1% | 80,907 |  | Reduced −22,674 |
| [TORONTO-DOMINION BANK/THE (TD)](/companies/td.md) | COM NEW | $11.8m | 0.1% | 97,238 |  | New +97,238 |
| [FINVOLUTION GROUP (FINV)](/companies/finv.md) | SPONSORED ADS | $10.9m | 0.1% | 2,285,880 |  | Reduced −115,204 |
| [GRUPO CIBEST SA (CIB)](/companies/cib.md) | SPONSORED ADS | $10.9m | 0.1% | 136,620 |  | Added +4,256 |
| [HDFC BANK LTD (HDB)](/companies/hdb.md) | SPONSORED ADS | $10.2m | 0.1% | 395,855 |  | Reduced −3,316 |
| [CANADIAN IMPERIAL BANK OF COMMERCE (CM)](/companies/cm.md) | COM | $9.6m | 0.1% | 83,789 |  | New +83,789 |
| BW LPG LTD | COM | $8.0m | <0.1% | 457,050 |  | Added +441,759 |
| [SUNCOR ENERGY INC (SU)](/companies/su.md) | COM | $7.4m | <0.1% | 138,526 |  | New +138,526 |
| [JOYY INC (JOYY)](/companies/joyy.md) | ADS REPSTG COM A | $7.2m | <0.1% | 109,297 |  | Reduced −641,454 |
| [CELESTICA INC (CLS)](/companies/cls.md) | COM | $7.1m | <0.1% | 19,598 |  | Reduced −5,211 |
| ISHARES MSCI SAUDI ARABIA ETF | MSCI SAUDI ARBIA | $6.6m | <0.1% | 177,079 |  | Added +124,181 |
| MILLICOM INTERNATIONAL CELLULAR SA | COM STK | $6.0m | <0.1% | 65,932 |  | Reduced −142,786 |
| [INFOSYS LTD (INFY)](/companies/infy.md) | SPONSORED ADR | $5.5m | <0.1% | 526,963 |  | Reduced −1,369,525 |
| ISHARES MSCI EMERGING MARKETS ETF | MSCI EMG MKT ETF | $5.1m | <0.1% | 74,974 |  | New +74,974 |
| ISHARES MSCI TAIWAN ETF | MSCI TAIWAN ETF | $4.9m | <0.1% | 45,108 |  | Added +7,957 |
| HAFNIA LTD | SHS | $4.6m | <0.1% | 697,424 |  | Added +643,057 |
| [STANTEC INC (STN)](/companies/stn.md) | COM | $3.9m | <0.1% | 56,200 |  | New +56,200 |
| GLOBAL-E ONLINE LTD | SHS | $3.5m | <0.1% | 102,195 |  | New +102,195 |
| MAKEMYTRIP LTD | SHS | $3.4m | <0.1% | 64,145 |  | Reduced −399 |
| [MAGNA INTERNATIONAL INC (MGA)](/companies/mga.md) | COM | $3.0m | <0.1% | 45,900 |  | New +45,900 |
| [IAMGOLD CORP (IAG)](/companies/iag.md) | COM | $2.7m | <0.1% | 172,916 |  | New +172,916 |
| ISHARES MSCI EAFE ETF | ISHARES MSCI EAFE ETF | $2.2m | <0.1% | 20,761 |  | Reduced −17,000 |
| VANGUARD FTSE EMERGING MARKETS ETF | FTSE EMR MKT ETF | $2.1m | <0.1% | 35,556 |  | Added +28,087 |
| [BP PLC (BP)](/companies/bp.md) | SPONSORED ADR | $1.7m | <0.1% | 46,059 |  | Reduced −951,875 |
| [ARCELORMITTAL SA (MT)](/companies/mt.md) | NY REGISTRY SH | $1.3m | <0.1% | 22,155 |  | Reduced −243,542 |
| VANGUARD FTSE ALL-WORLD EX-US ETF | ALLWRLD EX US | $1.3m | <0.1% | 15,389 |  | Added +9,198 |
| ITURAN LOCATION AND CONTROL LTD | SHS | $1.2m | <0.1% | 20,439 |  | Unchanged |
| ISHARES MSCI ACWI ETF | MSCI ACWI ETF | $1.2m | <0.1% | 7,691 |  | Reduced −7,730 |
| [WIPRO LTD (WIT)](/companies/wit.md) | SPON ADR 1 SH | $1.0m | <0.1% | 448,957 |  | Added +5,793 |
| [OPEN TEXT CORP (OTEX)](/companies/otex.md) | COM | $807.6k | <0.1% | 36,500 |  | New +36,500 |
| [CANADIAN NATURAL RESOURCES LTD (CNQ)](/companies/cnq.md) | COM | $727.8k | <0.1% | 18,400 |  | New +18,400 |
| [NVIDIA CORP (NVDA)](/companies/nvda.md) | COM | $713.7k | <0.1% | 3,567 |  | Reduced −22 |
| ISHARES MSCI EAFE SMALL-CAP ETF | EAFE SML CP ETF | $584.1k | <0.1% | 7,100 |  | Unchanged |
| INTER & CO INC | CLASS A COM | $546.4k | <0.1% | 100,618 |  | New +100,618 |
| ORLA MINING LTD | COM | $509.3k | <0.1% | 52,100 |  | New +52,100 |
| [SHINHAN FINANCIAL GROUP CO LTD (SHG)](/companies/shg.md) | SPN ADR RESTRD | $417.1k | <0.1% | 6,594 |  | Reduced −246,982 |
| [GSK PLC (GSK)](/companies/gsk.md) | SPONSORED ADR | $375.5k | <0.1% | 7,163 |  | Reduced −3,947 |
| [B2GOLD CORP (BTG)](/companies/btg.md) | COM | $354.3k | <0.1% | 94,491 |  | Unchanged |
| [LAM RESEARCH CORP (LRCX)](/companies/lrcx.md) | COM NEW | $353.6k | <0.1% | 816 |  | New +816 |
| [COMFORT SYSTEMS USA INC (FIX)](/companies/fix.md) | COM | $321.1k | <0.1% | 162 |  | Reduced −22 |
| RENAISSANCERE HOLDINGS LTD | COM | $315.0k | <0.1% | 994 |  | Unchanged |
| [BROADCOM INC (AVGO)](/companies/avgo.md) | COM | $303.0k | <0.1% | 802 |  | Reduced −41 |
| TORM PLC | SHS CL A | $290.0k | <0.1% | 11,244 |  | New +11,244 |
| [APPLE INC (AAPL)](/companies/aapl.md) | COM | $274.0k | <0.1% | 947 |  | Added +24 |
| INMODE LTD | SHS | $265.8k | <0.1% | 18,180 |  | Reduced −53,649 |
| [ALLSTATE CORP/THE (ALL)](/companies/all.md) | COM | $263.4k | <0.1% | 1,107 |  | Added +102 |
| [BARRICK MINING CORP (B)](/companies/b.md) | COM | $255.8k | <0.1% | 6,966 |  | Reduced −770 |
| [PRECISION DRILLING CORP (PDS)](/companies/pds.md) | COM NEW | $252.7k | <0.1% | 3,291 |  | Unchanged |
| [NOVARTIS AG (NVS)](/companies/nvs.md) | SPONSORED ADR | $235.2k | <0.1% | 1,501 |  | Added +14 |
| [SLM CORP (SLM)](/companies/slm.md) | COM | $227.6k | <0.1% | 8,774 |  | New +8,774 |
| [MICROSOFT CORP (MSFT)](/companies/msft.md) | COM | $223.8k | <0.1% | 600 |  | Reduced −172 |
| [VICI PROPERTIES INC (VICI)](/companies/vici.md) | COM | $212.0k | <0.1% | 7,985 |  | New +7,985 |
| [SUMMIT HOTEL PROPERTIES INC (INN)](/companies/inn.md) | COM | $119.6k | <0.1% | 17,063 |  | Added +2,225 |

## Sold out

Held at the end of the quarter before and not reported this quarter.

| Issuer | Class | Reported value | Weight | Shares | Put or call | Change on the quarter before |
| --- | --- | ---: | ---: | ---: | --- | --- |
| APTIV PLC | SHS | $0 | 0.0% | 0 |  | Sold out −683,463 |
| CARNIVAL CORP | UNIT 99/99/9999 | $0 | 0.0% | 0 |  | Sold out −37,096,593 |
| [ENERFLEX LTD (EFXT)](/companies/efxt.md) | COM | $0 | 0.0% | 0 |  | Sold out −52,946 |
| JBS NV | CL A SHS | $0 | 0.0% | 0 |  | Sold out −20,994 |
| [PDD HOLDINGS INC (PDD)](/companies/pdd.md) | SPONSORED ADS | $0 | 0.0% | 0 |  | Sold out −237,010 |
| [QFIN HOLDINGS INC (QFIN)](/companies/qfin.md) | AMERICAN DEP | $0 | 0.0% | 0 |  | Sold out −330,288 |
| [TENCENT MUSIC ENTERTAINMENT GROUP (TME)](/companies/tme.md) | SPON ADS | $0 | 0.0% | 0 |  | Sold out −612,900 |
| [WHIRLPOOL CORP (WHR)](/companies/whr.md) | COM | $0 | 0.0% | 0 |  | Sold out −1,201,993 |

Source: SEC EDGAR, Form 13F-HR, accession 0000945621-26-001052. Last ingested by Listed: Oct 22, 2026, 05:26 ET. No prices; not investment advice.