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Asset Manager ← All Institutions

CAUSEWAY CAPITAL MANAGEMENT LLC

Q4 2025 · Filed 2026-02-13
Market Value
$5.4B
-11.1%
Holdings
111
+6
New Purchases
14
Added To
49
Closed
11
Reduced
34
Top 10 Concentration
50.7%
Turnover
22.5%

Top Buys (by % of Portfolio)

SymbolCur %Prior %Chg %Value
CCL 19.24% 15.22% +4.02% $1.0B
ALK 1.34% 0.00% +1.34% $72M
CTSH 2.39% 1.49% +0.90% $129M
INFY 0.82% 0.08% +0.74% $44M
BAH 0.62% 0.00% +0.62% $33M
BA 0.61% 0.00% +0.61% $33M
LYV 1.18% 0.63% +0.56% $64M
TSM 2.89% 2.34% +0.55% $156M
G 1.81% 1.30% +0.51% $97M
RE 1.50% 1.01% +0.49% $81M
MRK 2.04% 1.57% +0.47% $110M
GPK 1.27% 0.84% +0.43% $68M
BIIB 1.70% 1.31% +0.39% $92M
CARR 1.81% 1.44% +0.37% $98M
BAP 1.29% 0.95% +0.34% $69M

Top Sells (by % of Portfolio)

SymbolCur %Prior %Chg %Value
EFA 0.15% 7.64% -7.49% $8M
B 4.91% 8.49% -3.58% $264M
NTES 0.00% 1.60% -1.60% $0
GSK 0.03% 0.84% -0.81% $2M
XP 0.00% 0.79% -0.79% $0
ORCL 0.00% 0.77% -0.77% $0
INDA 0.39% 0.90% -0.52% $21M
SE 0.00% 0.45% -0.45% $0
GOOG 2.15% 2.54% -0.38% $116M
ATAT 0.00% 0.38% -0.38% $0
UNH 0.00% 0.37% -0.37% $0
BABA 3.27% 3.63% -0.36% $176M
TME 0.55% 0.88% -0.33% $30M
MOMO 0.11% 0.34% -0.23% $6M
ING 0.51% 0.69% -0.18% $27M

Sector Allocation Over Time

Market Cap Concentration

TierHoldingsValueWeight
Mega Cap 15 $801M 14.9%
Large Cap 58 $3.8B 70.9%
Mid Cap 25 $654M 12.1%
Small Cap 12 $112M 2.1%
Micro Cap 1 $1M 0.0%

Portfolio Analytics

Avg Market Cap
$266.4B
Median Market Cap
$27.7B
Avg P/E
24.9
Median P/E
14.8
Avg Dividend Yield
0.03%
Avg Beta
0.88
# Stocks
95
# ETFs / Funds
16

Top Holdings (111 total)

# Symbol % Port Shares Value Avg Price Q/Q Value Chg Share Chg Chg % Status
1 CCL 19.24% 33,944,782 $1.0B $30.54 $114M +2,032,781 +6.4%
2 DB 10.24% 14,194,354 $552M $38.87 -$69M -3,424,411 -19.4%
3 B 4.91% 6,093,395 $264M $43.41 -$250M -9,600,845 -61.2%
4 BABA 3.27% 1,203,049 $176M $146.58 -$44M -28,415 -2.3%
5 TSM 2.89% 511,720 $156M $303.89 $14M +3,969 +0.8%
6 CTSH 2.39% 1,552,361 $129M $83.00 $38M +202,183 +15.0%
7 GOOG 2.15% 370,001 $116M $313.80 -$38M -262,157 -41.5%
8 MRK 2.04% 1,044,617 $110M $105.26 $15M -89,440 -7.9%
9 CARR 1.81% 1,848,827 $98M $52.84 $10M +382,346 +26.1%
10 G 1.81% 2,084,209 $97M $46.78 $19M +205,777 +10.9%
11 BCS 1.77% 3,750,607 $95M $25.45 $5M -602,342 -13.8%
12 BIIB 1.70% 521,101 $92M $175.99 $12M -46,417 -8.2%
13 C 1.51% 697,445 $81M $116.69 -$20M -300,633 -30.1%
14 RE 1.50% 238,558 $81M $339.35 $19M +62,872 +35.8%
15 AXS 1.43% 721,221 $77M $107.09 -$3M -115,640 -13.8%
16 META 1.35% 110,385 $73M $660.09 $9M +23,468 +27.0%
17 ALK 1.34% 1,434,517 $72M $50.30 +1,434,517 NEW
18 ADI 1.32% 263,030 $71M $271.20 -$3M -39,242 -13.0%
19 GFI 1.31% 1,621,076 $71M $43.66 $6M +78,061 +5.1%
20 BAP 1.29% 242,024 $69M $287.00 $12M +26,396 +12.2%
21 GPK 1.27% 4,528,554 $68M $15.06 $17M +1,926,978 +74.1%
22 ZBH 1.22% 728,498 $66M $89.92 $8M +146,719 +25.2%
23 LYV 1.18% 447,113 $64M $142.50 $26M +214,709 +92.4%
24 DIS 1.15% 546,064 $62M $113.77 -$6M -49,851 -8.4%
25 SAP 1.13% 250,748 $61M $242.91 $9M +57,000 +29.4%
26 PHG 1.10% 2,198,531 $60M $27.08 $6M +240,419 +12.3%
27 CFG 1.10% 1,014,186 $59M $58.41 $1M -75,874 -7.0%
28 BP 1.06% 1,640,680 $57M $34.73 $2M +57,295 +3.6%
29 WHR 1.02% 761,228 $55M $72.14 $6M +144,189 +23.4%
30 NGG 1.02% 709,485 $55M $77.35 $6M +38,342 +5.7%
31 JOYY 0.98% 812,601 $53M $64.76 $6M +22,541 +2.9%
32 PFE 0.97% 2,091,719 $52M $24.90 -$712K +19,672 +0.9%
33 SNY 0.96% 1,063,958 $52M $48.46 $5M +84,641 +8.6%
34 NVO 0.94% 993,850 $51M $50.88 $12M +297,871 +42.8%
35 RELX 0.89% 1,189,379 $48M $40.42 $14M +466,218 +64.5%
36 IR 0.88% 596,771 $47M $79.22 $1M +40,542 +7.3%
37 PUK 0.87% 1,508,912 $47M $31.12 $6M +33,473 +2.3%
38 BUD 0.83% 701,343 $45M $64.04 $9M +91,657 +15.0%
39 INFY 0.82% 2,482,318 $44M $17.82 $40M +2,198,391 +774.3%
40 PDD 0.78% 371,241 $42M $113.39 $1M +61,600 +19.9%
41 DEO 0.78% 485,288 $42M $86.27 -$3M +18,422 +4.0%
42 PAGS 0.72% 4,045,457 $39M $9.64 $77K +153,332 +3.9%
43 BAH 0.62% 396,332 $33M $84.36 +396,332 NEW
44 BA 0.61% 151,928 $33M $217.12 +151,928 NEW
45 SMIN 0.60% 458,977 $32M $69.91 $6M +91,457 +24.9%
46 SHG 0.58% 579,796 $31M $53.63 $3M +13,821 +2.4%
47 WB 0.57% 2,992,234 $31M $10.22 -$6M +39,985 +1.4%
48 TME 0.55% 1,689,576 $30M $17.53 -$24M -598,142 -26.1%
49 ING 0.51% 982,006 $27M $28.00 -$14M -616,240 -38.6%
50 BTI 0.51% 483,138 $27M $56.62 $3M +24,435 +5.3%
51 ALLY 0.50% 600,850 $27M $45.29 $2M -35,319 -5.5%
52 GGB 0.50% 7,259,433 $27M $3.69 $5M +70,163 +1.0%
53 VEA 0.49% 421,392 $26M $62.47 -$4M -87,112 -17.1%
54 ZIM 0.48% 1,213,006 $26M $21.23 $11M +130,365 +12.0%
55 QFIN 0.47% 1,306,636 $25M $19.27 -$12M +15,426 +1.2%
56 SMFG 0.42% 1,177,274 $23M $19.33 $9M +376,371 +47.0%
57 CLS 0.40% 73,302 $22M $296.20 -$3M -27,368 -27.2%
58 INDA 0.39% 386,205 $21M $54.05 -$34M -667,800 -63.4%
59 JLL 0.37% 59,456 $20M $336.47 -$8M -35,254 -37.2%
60 SNN 0.37% 603,812 $20M $32.81 -$966K +31,280 +5.5%
61 VIPS 0.36% 1,089,598 $19M $17.69 -$2M +12,862 +1.2%
62 BXP 0.34% 272,049 $18M $67.48 -$3M -19,458 -6.7%
63 CGAU 0.33% 1,249,789 $18M $14.42 $9M +386,412 +44.8%
64 MT 0.33% 384,849 $18M $45.57 -$4M -201,982 -34.4%
65 HDB 0.29% 422,279 $15M $36.54 $2M +37,093 +9.6%
66 FINV 0.27% 2,761,927 $14M $5.23 -$6M -72,856 -2.6%
67 IBN 0.26% 477,060 $14M $29.80 $774K +32,400 +7.3%
68 EWT 0.22% 190,341 $12M $63.53 $11M +179,241 +1614.8%
69 TIGO 0.22% 215,950 $12M $55.44 $10M +177,950 +468.3%
70 VALE 0.22% 904,000 $12M $13.03 +904,000 NEW
71 EWY 0.20% 110,800 $11M $97.22 -$7M -111,095 -50.1%
72 VSS 0.19% 72,930 $10M $143.33 -$2M -17,297 -19.2%
73 FSM 0.16% 863,628 $8M $9.81 $7M +747,761 +645.4%
74 EFA 0.15% 83,004 $8M $96.03 -$455M -4,876,663 -98.3%
75 MOMO 0.11% 889,397 $6M $6.55 -$15M -1,904,950 -68.2%
76 MMYT 0.10% 68,159 $6M $82.12 -$2M -14,160 -17.2%
77 VWO 0.06% 60,561 $3M $53.76 +60,561 NEW
78 URTH 0.04% 10,631 $2M $185.77 $858K +4,480 +72.8%
79 GSK 0.03% 33,897 $2M $49.04 -$49M -1,143,104 -97.1%
80 EZA 0.03% 22,500 $2M $68.80 +22,500 NEW
81 ACWI 0.03% 10,935 $2M $141.49 $244K +1,508 +16.0%
82 WIT 0.02% 473,301 $1M $2.84 $93K -2,430 -0.5%
83 ENRFF 0.02% 73,432 $1M $15.44 +73,432 NEW
84 VEU 0.02% 14,484 $1M $73.56 $376K +4,824 +49.9%
85 INMD 0.02% 71,829 $1M $14.69 +71,829 NEW
86 ASHR 0.02% 28,800 $946K $32.85 +28,800 NEW
87 ITRN 0.02% 20,439 $879K $43.01 $149K
88 NVDA 0.01% 3,758 $701K $186.50 -$9K -47 -1.2%
89 MSFT 0.01% 965 $467K $483.62 -$20K +25 +2.7%
90 EWZ 0.01% 13,800 $438K $31.77 +13,800 NEW
91 BTG 0.01% 94,491 $426K $4.51 -$41K
92 AVGO 0.01% 827 $286K $346.10 +827 NEW
93 NVS —% 1,935 $267K $137.87 $3K -119 -5.8%
94 AAPL —% 898 $244K $271.86 $8K -29 -3.1%
95 PDS —% 3,291 $236K $71.85 +3,291 NEW
96 FIX —% 243 $227K $933.29 +243 NEW
97 RNR —% 712 $200K $281.16 +712 NEW
98 KEP —% 11,202 $185K $16.50 $18K -1,550 -12.2%
99 PBYI —% 13,310 $79K $5.95 $4K -785 -5.6%
100 INN —% 14,838 $72K $4.87 -$9K

New Positions

SymbolValue% Port
ALK $72M 1.34%
BAH $33M 0.62%
BA $33M 0.61%
VALE $12M 0.22%
VWO $3M 0.06%
EZA $2M 0.03%
ENRFF $1M 0.02%
INMD $1M 0.02%
ASHR $946K 0.02%
EWZ $438K 0.01%
AVGO $286K 0.01%
PDS $236K —%
FIX $227K —%
RNR $200K —%

Sold Out Positions

SymbolValue% Port
SE —%
ADT —%
UNH —%
RDY —%
ATAT —%
KSA —%
NTES —%
XP —%
FXI —%
TCOM —%
ORCL —%
View SEC EDGAR Filings for CAUSEWAY CAPITAL MANAGEMENT LLC →

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For informational purposes only. Not investment advice. Data sourced from SEC filings. Privacy Terms