CAUSEWAY CAPITAL MANAGEMENT LLC — 13F Holdings & Portfolio
CIK 1165797 · latest 13F-HR filed 2026-05-14
CAUSEWAY CAPITAL MANAGEMENT LLC manages $8.15B in 13F-reported U.S. long-equity assets across 107 reported positions as of its 2026-03-31 13F-HR filing. Its largest disclosed positions are AZN (17.66%), CCL (11.79%), DB (8.88%). Quarter over quarter (versus its 2025-12-31 filing) the fund opened 13 new positions, exited 14, added to 37, and trimmed 48.
AUM is the long-equity portion reported on Form 13F-HR. Excludes short positions, cash, foreign holdings, and non-13F assets. For informational purposes only — not investment advice.
$8.15B
Long-equity book
107
Distinct positions
2026-03-31
Filed 2026-05-14
+13 / −14 / ↑37 / ↓48
vs 2025-12-31
| Name | Title / Status | Ownership | Type |
|---|
Top Adds (vs prior quarter)
- DEUTSCHE BANK AG$171.7M +31.1%
- ANGLOGOLD ASHANTI PLC$48.7M +129.6%
- JONES LANG LASALLE INC$36.7M +183.4%
- BOOZ ALLEN HAMILTON HOLDING CORP$33.5M +100.1%
- BOEING CO/THE$29.5M +89.4%
Top Trims
- BARRICK MINING CORP-$264.2M -99.9%
- CANADIAN PACIFIC KANSAS CITY LTD-$238.7M -25.7%
- SMURFIT WESTROCK PLC-$119.6M -16.2%
- CARNIVAL CORP-$76.6M -7.4%
- ALIBABA GROUP HOLDING LTD-$42.2M -24.0%
New Positions
- ASTRAZENECA PLC$1.44B
- DTE ENERGY CO$47.1M
- TEXAS INSTRUMENTS INC$40.0M
- TAL EDUCATION GROUP$39.5M
- PETROLEO BRASILEIRO SA - PETROBRAS$28.0M
Exited Positions
- ASTRAZENECA PLC$92.9M
- GRAPHIC PACKAGING HOLDING CO$68.2M
- ALLY FINANCIAL INC$27.2M
- VIPSHOP HOLDINGS LTD$19.3M
- VALE SA$11.8M
Rows tagged Call or Put are options positions, not stock. Per SEC Form 13F-HR, Value shows the notional value of the underlying (shares covered × underlying price), not the option premium. Shares is the number of underlying shares covered (divide by 100 for contract count).
| # | Issuer | Symbol | CUSIP | Value | Weight | Shares | Type |
|---|---|---|---|---|---|---|---|
| 1 | ASTRAZENECA PLC | AZN | G0593M107 | $1.44B | 17.66% | 7,421,749 | SH |
| 2 | CARNIVAL CORP | CCL | 143658300 | $960.1M | 11.79% | 37,096,593 | SH |
| 3 | DEUTSCHE BANK AG | DB | D18190898 | $723.3M | 8.88% | 24,962,034 | SH |
| 4 | CANADIAN PACIFIC KANSAS CITY LTD | CP | 13646K108 | $689.9M | 8.47% | 8,792,381 | SH |
| 5 | SMURFIT WESTROCK PLC | SW | G8267P108 | $620.3M | 7.61% | 15,566,028 | SH |
| 6 | TAIWAN SEMICONDUCTOR MANUFACTURING CO LTD | TSM | 874039100 | $171.8M | 2.11% | 508,471 | SH |
| 7 | ALIBABA GROUP HOLDING LTD | BABA | 01609W102 | $134.1M | 1.65% | 1,068,890 | SH |
| 8 | CARRIER GLOBAL CORP | CARR | 14448C104 | $118.4M | 1.45% | 2,102,878 | SH |
| 9 | MERCK & CO INC | MRK | 58933Y105 | $102.8M | 1.26% | 854,212 | SH |
| 10 | ALPHABET INC | GOOG | 02079K107 | $96.8M | 1.19% | 337,298 | SH |
| 11 | COGNIZANT TECHNOLOGY SOLUTIONS CORP | CTSH | 192446102 | $92.3M | 1.13% | 1,504,253 | SH |
| 12 | ALASKA AIR GROUP INC | ALK | 011659109 | $92.0M | 1.13% | 2,502,211 | SH |
| 13 | ANGLOGOLD ASHANTI PLC | AU | G0378L100 | $86.2M | 1.06% | 898,816 | SH |
| 14 | BARCLAYS PLC | BCS | 06738E204 | $86.2M | 1.06% | 4,074,067 | SH |
| 15 | CREDICORP LTD | BAP | G2519Y108 | $83.1M | 1.02% | 245,113 | SH |
| 16 | META PLATFORMS INC | META | 30303M102 | $82.8M | 1.02% | 144,799 | SH |
| 17 | AXIS CAPITAL HOLDINGS LTD | AXS | G0692U109 | $82.7M | 1.02% | 815,794 | SH |
| 18 | EVEREST GROUP LTD | EG | G3223R108 | $81.7M | 1.00% | 250,008 | SH |
| 19 | LIVE NATION ENTERTAINMENT INC | LYV | 538034109 | $80.3M | 0.99% | 526,418 | SH |
| 20 | SAP SE | SAP | 803054204 | $78.1M | 0.96% | 456,005 | SH |
| 21 | RELX PLC | RELX | 759530108 | $76.5M | 0.94% | 2,306,409 | SH |
| 22 | GOLD FIELDS LTD | GFI | 38059T106 | $74.2M | 0.91% | 1,634,170 | SH |
| 23 | ZIMMER BIOMET HOLDINGS INC | ZBH | 98956P102 | $73.1M | 0.90% | 808,110 | SH |
| 24 | GENPACT LTD | G | G3922B107 | $72.6M | 0.89% | 1,948,677 | SH |
| 25 | CITIGROUP INC | C | 172967424 | $72.0M | 0.88% | 634,931 | SH |
| 26 | KONINKLIJKE PHILIPS NV | PHG | 500472303 | $67.3M | 0.83% | 2,456,190 | SH |
| 27 | BOOZ ALLEN HAMILTON HOLDING CORP | BAH | 099502106 | $66.9M | 0.82% | 857,462 | SH |
| 28 | WHIRLPOOL CORP | WHR | 963320106 | $64.8M | 0.80% | 1,201,993 | SH |
| 29 | ANALOG DEVICES INC | ADI | 032654105 | $64.2M | 0.79% | 201,819 | SH |
| 30 | CITIZENS FINANCIAL GROUP INC | CFG | 174610105 | $62.9M | 0.77% | 1,048,526 | SH |
| 31 | BOEING CO/THE | BA | 097023105 | $62.5M | 0.77% | 313,926 | SH |
| 32 | JONES LANG LASALLE INC | JLL | 48020Q107 | $56.7M | 0.70% | 186,274 | SH |
| 33 | WALT DISNEY CO/THE | DIS | 254687106 | $54.0M | 0.66% | 559,882 | SH |
| 34 | PFIZER INC | PFE | 717081103 | $53.8M | 0.66% | 1,914,219 | SH |
| 35 | BIOGEN INC | BIIB | 09062X103 | $51.5M | 0.63% | 280,783 | SH |
| 36 | SANOFI SA | SNY | 80105N105 | $51.3M | 0.63% | 1,064,516 | SH |
| 37 | INGERSOLL RAND INC | IR | 45687V106 | $50.2M | 0.62% | 626,062 | SH |
| 38 | DIAGEO PLC | DEO | 25243Q205 | $49.6M | 0.61% | 666,314 | SH |
| 39 | APTIV PLC | APTV | G3265R107 | $47.5M | 0.58% | 683,463 | SH |
| 40 | VANGUARD FTSE DEVELOPED MARKETS ETF | VEA | 921943858 | $47.2M | 0.58% | 736,637 | SH |
| 41 | DTE ENERGY CO | DTE | 233331107 | $47.1M | 0.58% | 322,015 | SH |
| 42 | BP PLC | BP | 055622104 | $46.9M | 0.58% | 997,934 | SH |
| 43 | NATIONAL GRID PLC | NGG | 636274409 | $45.6M | 0.56% | 538,761 | SH |
| 44 | NATWEST GROUP PLC | NWG | 639057207 | $44.5M | 0.55% | 2,988,309 | SH |
| 45 | JOYY INC | JOYY | 46591M109 | $43.8M | 0.54% | 750,751 | SH |
| 46 | NOVO NORDISK A/S | NVO | 670100205 | $43.2M | 0.53% | 1,174,213 | SH |
| 47 | PAGSEGURO DIGITAL LTD | PAGS | G68707101 | $40.5M | 0.50% | 4,044,350 | SH |
| 48 | ANHEUSER-BUSCH INBEV SA/NV | BUD | 03524A108 | $40.2M | 0.49% | 580,131 | SH |
| 49 | ING GROEP NV | ING | 456837103 | $40.1M | 0.49% | 1,537,748 | SH |
| 50 | TEXAS INSTRUMENTS INC | TXN | 882508104 | $40.0M | 0.49% | 206,214 | SH |
| Period | Filed | AUM | Holdings | Accession |
|---|---|---|---|---|
| 2026-03-31 | 2026-05-14 | $8.15B | 107 | 0000945621-26-000700 |
| 2025-12-31 | 2026-02-13 | $7.27B | 108 | 0000945621-26-000303 |
| 2025-09-30 | 2025-11-13 | $7.57B | 105 | 0000945621-25-001081 |