Causeway Capital Management

I. Institutional Overview

Causeway Capital Management, under the leadership of Sarah Ketterer, has long been recognized as a formidable force in the realm of international value investing. As of the portfolio snapshot on March 31, 2026, the institution manages a reported portfolio value of approximately $8.14 billion. This figure represents a significant pool of capital dedicated...

The current report reveals a portfolio consisting of 106 holdings, a number that suggests a nuanced balance between diversification and high-conviction betting. However, a closer inspection of the concentration metrics reveals a more aggressive stance than the raw number of stocks might imply. The top five holdings alone account for more than 54% of the...

Analyzing the scale trend, the $8.14 billion AUM reflects an institution that maintains a significant presence in the mid-to-large cap space. The quarterly adjustments suggest a period of intense strategic rebalancing. Rather than a passive expansion or contraction, the data points toward a "quality over quantity" pivot. The institution appears to be...