Portfolio holdings of Sarah Ketterer - Causeway Capital Management. Sarah Ketterer - Causeway Capital Management stock picks:. Stock Holdings page.
Sarah Ketterer - Causeway Capital Management
Period: Q4 2025
Portfolio date: 31 Dec 2025
No. of stocks: 107
Portfolio value: $7,241,381,000
| History | Stock | % of Portfolio |
RecentActivity | Shares | ReportedPrice* | Value | Current Price |
+/-Reported Price |
52Week Low |
52Week High |
|
| ≡ | CCL - Carnival Corp. | 14.32 | Add 6.37% | 33,944,782 | $30.54 | $1,036,674,000 | $26.83 | -12.15% | $17.25 | $33.87 | |
| ≡ | CP - Canadian Pacific Kansas City | 12.82 | Reduce 6.85% | 12,596,802 | $73.71 | $928,557,000 | $81.89 | 11.10% | $68.13 | $89.23 | |
| ≡ | SW - Smurfit Westrock Plc | 10.22 | Add 154.33% | 19,132,879 | $38.67 | $739,868,000 | $39.67 | 2.59% | $32.44 | $52.22 | |
| ≡ | DB - Deutsche Bank AG | 7.62 | Reduce 19.44% | 14,194,354 | $38.87 | $551,671,000 | $32.50 | -16.39% | $23.25 | $40.43 | |
| ≡ | B - Barrick Mining Corp. | 3.65 | Reduce 61.17% | 6,093,395 | $43.41 | $264,487,000 | $40.70 | -6.24% | $17.00 | $54.23 | |
| ≡ | BABA - Alibaba Group Holdings | 2.44 | Reduce 2.31% | 1,203,049 | $146.58 | $176,343,000 | $135.88 | -7.30% | $103.71 | $192.67 | |
| ≡ | TSM - Taiwan Semiconductor S.A. | 2.15 | Add 0.78% | 511,720 | $303.89 | $155,506,000 | $385.66 | 26.91% | $145.65 | $389.11 | |
| ≡ | CTSH - Cognizant Technology Solutions | 1.78 | Add 14.97% | 1,552,361 | $83.00 | $128,846,000 | $58.53 | -29.48% | $57.39 | $86.59 | |
| ≡ | GOOG - Alphabet Inc. CL C | 1.60 | Reduce 41.47% | 370,001 | $313.80 | $116,106,000 | $337.13 | 7.43% | $148.98 | $349.90 | |
| ≡ | MRK - Merck & Co. | 1.52 | Reduce 7.89% | 1,044,617 | $105.26 | $109,956,000 | $112.96 | 7.32% | $70.74 | $124.22 | |
| ≡ | CARR - Carrier Global Corp. | 1.35 | Add 26.07% | 1,848,827 | $52.84 | $97,692,000 | $60.80 | 15.06% | $50.03 | $80.43 | |
| ≡ | G - Genpact Ltd. | 1.35 | Add 10.95% | 2,084,209 | $46.78 | $97,499,000 | $36.15 | -22.72% | $33.92 | $49.59 | |
| ≡ | BCS - Barclays plc ADR | 1.32 | Reduce 13.84% | 3,750,607 | $25.45 | $95,453,000 | $23.31 | -8.41% | $14.66 | $27.37 | |
| ≡ | AZN - AstraZeneca PLC | 1.28 | Reduce 5.29% | 505,449 | $183.86 | $92,932,000 | $195.39 | 6.27% | $91.51 | $210.52 | |
| ≡ | BIIB - Biogen Inc. | 1.27 | Reduce 8.18% | 521,101 | $175.99 | $91,709,000 | $190.26 | 8.11% | $115.25 | $202.41 | |
| ≡ | C - Citigroup Inc. | 1.12 | Reduce 30.12% | 697,445 | $116.69 | $81,385,000 | $129.54 | 11.01% | $61.90 | $135.29 | |
| ≡ | EG - Everest Group Ltd | 1.12 | Add 35.79% | 238,558 | $339.35 | $80,955,000 | $344.58 | 1.54% | $298.65 | $363.67 | |
| ≡ | AXS - Axis Capital Holdings Ltd. | 1.07 | Reduce 13.82% | 721,221 | $107.09 | $77,236,000 | $99.50 | -7.09% | $87.33 | $109.41 | |
| ≡ | META - Meta Platforms Inc. | 1.01 | Add 27.00% | 110,385 | $660.09 | $72,864,000 | $675.36 | 2.31% | $484.85 | $794.38 | |
| ≡ | ALK - Alaska Air Group | 1.00 | Buy | 1,434,517 | $50.30 | $72,156,000 | $40.50 | -19.48% | $33.03 | $65.88 | |
| ≡ | ADI - Analog Devices | 0.99 | Reduce 12.98% | 263,030 | $271.20 | $71,334,000 | $381.96 | 40.84% | $172.57 | $385.46 | |
| ≡ | GFI - Gold Fields Ltd. | 0.98 | Add 5.06% | 1,621,076 | $43.66 | $70,776,000 | $45.47 | 4.15% | $18.60 | $59.90 | |
| ≡ | BAP - Credicorp Ltd. | 0.96 | Add 12.24% | 242,024 | $287.00 | $69,461,000 | $333.40 | 16.17% | $175.60 | $380.20 | |
| ≡ | GPK - Graphic Packaging Hldg Co. | 0.94 | Add 74.07% | 4,528,554 | $15.06 | $68,200,000 | $9.26 | -38.51% | $8.79 | $25.08 | |
| ≡ | ZBH - Zimmer Biomet Holdings | 0.90 | Add 25.22% | 728,498 | $89.92 | $65,507,000 | $92.98 | 3.40% | $84.36 | $107.45 | |
| ≡ | LYV - Live Nation Inc. | 0.88 | Add 92.39% | 447,113 | $142.50 | $63,714,000 | $154.35 | 8.32% | $125.05 | $175.25 | |
| ≡ | DIS - Walt Disney Co. | 0.86 | Reduce 8.37% | 546,064 | $113.77 | $62,126,000 | $104.56 | -8.10% | $83.67 | $123.85 | |
| ≡ | SAP - SAP SE | 0.84 | Add 29.42% | 250,748 | $242.91 | $60,909,000 | $174.23 | -28.27% | $160.66 | $313.28 | |
| ≡ | CFG - Citizens Financial Group Inc. | 0.82 | Reduce 6.96% | 1,014,186 | $58.41 | $59,239,000 | $65.15 | 11.54% | $33.69 | $68.79 | |
| ≡ | PHG - Koninklijke Philips Electronics NV | 0.82 | Add 12.28% | 2,198,531 | $27.08 | $59,536,000 | $28.16 | 3.99% | $21.95 | $33.44 | |
| ≡ | BP - BP plc | 0.79 | Add 3.62% | 1,640,680 | $34.73 | $56,981,000 | $46.41 | 33.63% | $25.69 | $48.27 | |
| ≡ | NGG - National Grid Plc Sp ADR | 0.76 | Add 5.71% | 709,485 | $77.35 | $54,879,000 | $85.59 | 10.65% | $64.26 | $94.64 | |
| ≡ | WHR - Whirlpool Corp. | 0.76 | Add 23.37% | 761,228 | $72.14 | $54,915,000 | $55.65 | -22.86% | $50.41 | $108.05 | |
| ≡ | JOYY - JOYY Inc. | 0.73 | Add 2.85% | 812,601 | $64.76 | $52,624,000 | $58.95 | -8.97% | $37.62 | $70.96 | |
| ≡ | PFE - Pfizer Inc. | 0.72 | Add 0.95% | 2,091,719 | $24.90 | $52,084,000 | $26.86 | 7.87% | $20.65 | $28.75 | |
| ≡ | SNY - Sanofi Aventis | 0.71 | Add 8.64% | 1,063,958 | $48.46 | $51,559,000 | $46.94 | -3.14% | $43.32 | $53.37 | |
| ≡ | APTV - Aptiv PLC | 0.70 | Reduce 7.50% | 668,620 | $76.09 | $50,875,000 | $60.54 | -20.44% | $44.60 | $76.86 | |
| ≡ | NVO - Novo Nordisk A S | 0.70 | Add 42.80% | 993,850 | $50.88 | $50,567,000 | $39.00 | -23.35% | $34.58 | $77.68 | |
| ≡ | RELX - RELX plc | 0.66 | Add 64.47% | 1,189,379 | $40.42 | $48,075,000 | $36.37 | -10.02% | $27.57 | $56.03 | |
| ≡ | IR - Ingersoll Rand Inc. | 0.65 | Add 7.29% | 596,771 | $79.22 | $47,276,000 | $84.03 | 6.07% | $70.25 | $100.94 | |
| ≡ | PUK - Prudential Plc ADR | 0.65 | Add 2.27% | 1,508,912 | $31.12 | $46,957,000 | $30.75 | -1.19% | $20.30 | $33.59 | |
| ≡ | BUD - Anheuser-Busch InBev | 0.62 | Add 15.03% | 701,343 | $64.04 | $44,914,000 | $72.42 | 13.09% | $56.81 | $81.56 | |
| ≡ | INFY - Infosys Ltd. | 0.61 | Add 774.28% | 2,482,318 | $17.82 | $44,235,000 | $13.48 | -24.35% | $12.57 | $30.00 | |
| ≡ | DEO - Diageo ADR | 0.58 | Add 3.95% | 485,288 | $86.27 | $41,866,000 | $79.89 | -7.40% | $71.73 | $112.57 | |
| ≡ | PDD - Pinduoduo Inc. | 0.58 | Add 19.89% | 371,241 | $113.39 | $42,095,000 | $99.73 | -12.05% | $95.24 | $139.41 | |
| ≡ | PAGS - PagSeguro Digital Ltd. | 0.54 | Add 3.94% | 4,045,457 | $9.64 | $38,998,000 | $10.67 | 10.68% | $7.56 | $12.32 | |
| ≡ | AU - AngloGold Ashanti Ltd. | 0.52 | Add 118.76% | 434,260 | $86.49 | $37,559,000 | $99.39 | 14.92% | $36.93 | $127.01 | |
| ≡ | BA - Boeing Co. | 0.46 | Buy | 151,928 | $217.12 | $32,987,000 | $229.81 | 5.84% | $158.50 | $254.35 | |
| ≡ | BAH - Booz Allen Hamilton Hldg Corp. | 0.46 | Buy | 396,332 | $84.36 | $33,435,000 | $77.96 | -7.59% | $73.93 | $127.73 | |
| ≡ | SMIN - Ishares Msci India Small Cap | 0.44 | Add 24.88% | 458,977 | $69.91 | $32,087,000 | $67.03 | -4.12% | $57.78 | $76.96 | |
| ≡ | SHG - Shinhan Financial Group Company | 0.43 | Add 2.44% | 579,796 | $53.63 | $31,094,000 | $65.46 | 22.06% | $33.21 | $73.40 | |
| ≡ | WB - Weibo Corp. | 0.42 | Add 1.35% | 2,992,234 | $10.22 | $30,581,000 | $8.53 | -16.54% | $7.23 | $12.11 | |
| ≡ | TME - Tencent Music Entertainment Grp | 0.41 | Reduce 26.15% | 1,689,576 | $17.53 | $29,618,000 | $9.54 | -45.58% | $8.78 | $26.00 | |
| ≡ | ALLY - Ally Financial Inc. | 0.38 | Reduce 5.55% | 600,850 | $45.29 | $27,212,000 | $45.55 | 0.57% | $29.42 | $47.02 | |
| ≡ | BTI - British American Tobacco plc | 0.38 | Add 5.33% | 483,138 | $56.62 | $27,355,000 | $56.02 | -1.06% | $37.78 | $62.31 | |
| ≡ | ING - ING Group NV | 0.38 | Reduce 38.56% | 982,006 | $28.00 | $27,496,000 | $28.08 | 0.29% | $17.23 | $30.24 | |
| ≡ | NWG - NatWest Group Plc | 0.38 | Add 10.54% | 1,587,264 | $17.50 | $27,777,000 | $15.97 | -8.74% | $11.60 | $18.56 | |
| ≡ | VEA - Vanguard FTSE Developed ETF | 0.36 | Reduce 17.13% | 421,392 | $62.47 | $26,324,000 | $68.30 | 9.33% | $49.57 | $70.43 | |
| ≡ | ZIM - Zim Integrated Shipping Serv | 0.36 | Add 12.04% | 1,213,006 | $21.23 | $25,752,000 | $26.40 | 24.35% | $11.50 | $28.99 | |
| ≡ | QFIN - Qifu Technology Inc. | 0.35 | Add 1.19% | 1,306,636 | $19.27 | $25,179,000 | $13.19 | -31.55% | $12.29 | $45.76 | |
| ≡ | SMFG - Sumitomo Mitsui Spons ADR | 0.31 | Add 46.99% | 1,177,274 | $19.33 | $22,757,000 | $20.38 | 5.43% | $13.48 | $24.34 | |
| ≡ | CLS - Celestica Inc | 0.30 | Reduce 27.19% | 73,302 | $296.20 | $21,712,000 | $403.06 | 36.08% | $80.98 | $408.52 | |
| ≡ | INDA - iShares MSCI India ETF | 0.29 | Reduce 63.36% | 386,205 | $54.05 | $20,874,000 | $49.95 | -7.59% | $45.21 | $56.01 | |
| ≡ | JLL - Jones Lang Lasalle Inc. | 0.28 | Reduce 37.22% | 59,456 | $336.47 | $20,005,000 | $349.58 | 3.90% | $207.92 | $363.06 | |
| ≡ | SNN - Smith & Nephew plc | 0.27 | Add 5.46% | 603,812 | $32.81 | $19,811,000 | $32.68 | -0.40% | $25.42 | $37.90 | |
| ≡ | VIPS - Vipshop Holdings Ltd | 0.27 | Add 1.19% | 1,089,598 | $17.69 | $19,275,000 | $14.64 | -17.24% | $11.86 | $20.24 | |
| ≡ | BXP - BXP Inc. | 0.25 | Reduce 6.67% | 272,049 | $67.48 | $18,358,000 | $58.12 | -13.87% | $49.05 | $76.75 | |
| ≡ | CGAU - Centerra Gold Inc | 0.25 | Add 44.76% | 1,249,789 | $14.42 | $18,016,000 | $18.85 | 30.72% | $6.17 | $21.11 | |
| ≡ | MT - ArcelorMittal | 0.24 | Reduce 34.42% | 384,849 | $45.57 | $17,538,000 | $61.09 | 34.06% | $26.93 | $67.60 | |
| ≡ | HDB - HDFC Bank Ltd. | 0.21 | Add 9.63% | 422,279 | $36.54 | $15,430,000 | $26.08 | -28.63% | $23.91 | $39.32 | |
| ≡ | FINV - Finvolution Group ADR | 0.20 | Reduce 2.57% | 2,761,927 | $5.23 | $14,445,000 | $4.75 | -9.18% | $4.24 | $10.25 | |
| ≡ | IBN - ICICI Bank Ltd. | 0.20 | Add 7.29% | 477,060 | $29.80 | $14,216,000 | $28.36 | -4.83% | $25.08 | $34.30 | |
| ≡ | EWT - Ishares Msci Taiwan ETF | 0.17 | Add 1614.78% | 190,341 | $63.53 | $12,092,000 | $86.20 | 35.68% | $41.99 | $86.20 | |
| ≡ | TIGO - Millicom Intl Cellular S.a. | 0.17 | Add 468.29% | 215,950 | $55.44 | $11,972,000 | $83.92 | 51.37% | $27.36 | $84.44 | |
| ≡ | VALE - Vale SA | 0.16 | Buy | 904,000 | $13.03 | $11,779,000 | $17.59 | 35.00% | $8.39 | $17.94 | |
| ≡ | EWY - iShares MSCI South Korea ETF | 0.15 | Reduce 50.07% | 110,800 | $97.22 | $10,772,000 | $155.87 | 60.33% | $53.43 | $155.87 | |
| ≡ | VSS - Vanguard FTSE All Wo X Us Sc | 0.14 | Reduce 19.17% | 72,930 | $143.33 | $10,453,000 | $157.94 | 10.19% | $113.00 | $161.71 | |
| ≡ | FSM - Fortuna Mining Corp. | 0.12 | Add 645.36% | 863,628 | $9.81 | $8,474,000 | $10.34 | 5.40% | $5.23 | $13.85 | |
| ≡ | EFA - iShares MSCI EAFE ETF | 0.11 | Reduce 98.33% | 83,004 | $96.03 | $7,971,000 | $101.91 | 6.12% | $78.93 | $105.94 | |
| ≡ | MMYT - MakeMyTrip Ltd | 0.08 | Reduce 17.20% | 68,159 | $82.12 | $5,597,000 | $45.32 | -44.81% | $32.67 | $113.85 | |
| ≡ | MOMO - Hello Group Inc Spn ADR | 0.08 | Reduce 68.17% | 889,397 | $6.55 | $5,826,000 | $6.29 | -3.97% | $5.27 | $8.80 | |
| ≡ | VWO - Vanguard FTSE Emerging Marke | 0.04 | Buy | 60,561 | $53.76 | $3,256,000 | $58.73 | 9.24% | $42.63 | $59.62 | |
| ≡ | URTH - iShares MSCI World ETF | 0.03 | Add 72.83% | 10,631 | $185.78 | $1,975,000 | $194.68 | 4.79% | $143.29 | $196.48 | |
| ≡ | ACWI - iShares MSCI ACWI ETF | 0.02 | Add 16.00% | 10,935 | $141.47 | $1,547,000 | $150.05 | 6.06% | $108.97 | $151.42 | |
| ≡ | EFXT - Enerflex Ltd | 0.02 | Buy | 73,432 | $15.44 | $1,134,000 | $24.33 | 57.58% | $6.29 | $24.33 | |
| ≡ | EZA - Ishares Msci South Africa Et | 0.02 | Buy | 22,500 | $68.80 | $1,548,000 | $71.39 | 3.76% | $44.39 | $81.76 | |
| ≡ | GRP.U - Granite Real Estate Investme | 0.02 | 23,700 | $59.62 | $1,413,000 | $59.31 | -0.52% | $37.06 | $60.16 | ||
| ≡ | GSK - GSK plc | 0.02 | Reduce 97.12% | 33,897 | $49.03 | $1,662,000 | $55.84 | 13.89% | $34.47 | $61.20 | |
| ≡ | WIT - Wipro Ltd ADR | 0.02 | Reduce 0.51% | 473,301 | $2.84 | $1,344,000 | $2.12 | -25.35% | $2.05 | $3.01 | |
| ≡ | ASHR - Xtrackers Harvest Csi 300 Ch | 0.01 | Buy | 28,800 | $32.85 | $946,000 | $35.04 | 6.67% | $25.01 | $35.04 | |
| ≡ | BTG - B2Gold Corp. | 0.01 | 94,491 | $4.51 | $426,000 | $4.86 | 7.76% | $2.81 | $6.26 | ||
| ≡ | EWZ - Ishares Msci Brazil ETF | 0.01 | Buy | 13,800 | $31.74 | $438,000 | $40.65 | 28.07% | $24.00 | $42.02 | |
| ≡ | INMD - Inmode Ltd | 0.01 | Buy | 71,829 | $14.69 | $1,055,000 | $14.48 | -1.43% | $12.72 | $16.74 | |
| ≡ | ITRN - Ituran Location & Control Ltd. | 0.01 | 20,439 | $43.01 | $879,000 | $55.71 | 29.53% | $30.41 | $56.70 | ||
| ≡ | MSFT - Microsoft Corp. | 0.01 | Add 2.66% | 965 | $483.94 | $467,000 | $431.86 | -10.76% | $356.28 | $552.24 | |
| ≡ | NVDA - NVIDIA Corp. | 0.01 | Reduce 1.24% | 3,758 | $186.54 | $701,000 | $201.98 | 8.28% | $97.26 | $212.17 | |
| ≡ | VEU - Vanguard FTSE All World ex US ETF | 0.01 | Add 49.94% | 14,484 | $73.53 | $1,065,000 | $80.28 | 9.18% | $58.50 | $82.29 | |
| ≡ | AAPL - Apple Inc. | 0.00 | Reduce 3.13% | 898 | $271.71 | $244,000 | $272.54 | 0.31% | $192.41 | $288.35 | |
| ≡ | AVGO - Broadcom Inc. | 0.00 | Buy | 827 | $345.83 | $286,000 | $420.31 | 21.54% | $163.89 | $420.31 | |
| ≡ | FIX - Comfort Systems USA Inc. | 0.00 | Buy | 243 | $934.16 | $227,000 | $1723.28 | 84.47% | $332.66 | $1723.28 | |
| ≡ | INN - Summit Hotel Properties Inc. | 0.00 | 14,838 | $4.85 | $72,000 | $4.68 | -3.51% | $3.53 | $5.81 | ||
| ≡ | JBS - Jbs Nv A | 0.00 | Reduce 20.17% | 20,994 | $14.43 | $303,000 | $17.47 | 21.07% | $12.37 | $18.65 | |
| ≡ | KEP - Korea Elec Power Corp Sp ADR | 0.00 | Reduce 12.15% | 11,202 | $16.51 | $185,000 | $15.30 | -7.33% | $8.81 | $23.41 | |
| ≡ | NVS - Novartis AG | 0.00 | Reduce 5.79% | 1,935 | $137.98 | $267,000 | $147.51 | 6.91% | $101.83 | $165.43 | |
| ≡ | PBYI - Puma Biotechnology Inc. | 0.00 | Reduce 5.57% | 13,310 | $5.94 | $79,000 | $7.35 | 23.74% | $2.85 | $7.90 | |
| ≡ | PDS - Precision Drilling Corp. | 0.00 | Buy | 3,291 | $71.71 | $236,000 | $88.23 | 23.04% | $39.67 | $103.80 | |
| ≡ | RNR - RenaissanceRe Holdings Ltd. | 0.00 | Buy | 712 | $280.90 | $200,000 | $309.07 | 10.03% | $221.39 | $318.20 |
* Reported Price is the price of the security as of the portfolio date. This value is significant in that it is the last known price at which the security was still held.
Sector % analysis
| Financials | 18.05 | |
| Consumer Discretionary | 16.82 | |
| Services | 13.18 | |
| Technology | 10.66 | |
| Consumer Cyclical | 10.22 | |
| Health Care | 7.40 | |
| Materials | 6.47 | |
| Industrials | 5.63 | |
| Consumer Goods | 4.00 | |
| Information Technology | 3.45 | |
| 1.44 | ||
| Utilities | 0.76 | |
| Communication Services | 0.66 | |
| Consumer Staples | 0.62 | |
| NA | 0.61 | |
| Real Estate | 0.02 | |
| Energy | 0.02 |
Articles & Commentaries
19 Mar 2026 Co-Founder and CEO Sarah Ketterer reflects on 25 years of value investing at Causeway Capital
03 Mar 2026 Causeway Capital: Korea’s Rally—More Than Memory
23 Jan 2026 Causeway International Small Cap Q4 2025 Webcast
24 Oct 2025 Causeway International Small Cap Q3 2025 Webcast
23 Oct 2025 Causeway Emerging Markets Q3 2025 Webcast
23 Oct 2025 Causeway International Value Q3 2025 Webcast
04 Aug 2025 Causeway International Small Cap Q2 2025 Webcast