Sarah Ketterer — Recent Buys
Causeway Capital Management · New and increased positions in the Q2 '26 13F filing.
Filed August 13, 2026 · Last updated
Sarah Ketterer opened 23 new positions and increased 53 existing holdings in the Q2 '26 filing — a combined buy footprint of $6.78B. Largest new position: CARNIVAL CORP LTD at $1.18B.
New positions (23)
| Ticker | Company | Shares | Value | % Portfolio |
|---|---|---|---|---|
| CCL | CARNIVAL CORP LTD | 41190606 | $1.18B | 12.74% |
| NTES | NETEASE INC | 572412 | $73.3M | 0.79% |
| BSX | BOSTON SCIENTIFIC CORP | 720339 | $30.7M | 0.33% |
| JD | JD.COM INC | 1199207 | $30.6M | 0.33% |
| HTHT | H WORLD GROUP LTD | 570437 | $23.8M | 0.26% |
| OCANF | OCEANAGOLD CORP | 911012 | $22.8M | 0.25% |
| ARCO | ARCOS DORADOS HOLDINGS INC | 1961513 | $15.8M | 0.17% |
| TDBCP | TORONTO-DOMINION BANK/THE | 97238 | $11.8M | 0.13% |
| CNDIF | CANADIAN IMPERIAL BANK OF COMMERCE | 83789 | $9.6M | 0.10% |
| SU | SUNCOR ENERGY INC | 138526 | $7.4M | 0.08% |
| EEM | iShares MSCI Emerging Markets ETF | 74974 | $5.1M | 0.06% |
| STN | STANTEC INC | 56200 | $3.9M | 0.04% |
| GLBE | GLOBAL-E ONLINE LTD | 102195 | $3.5M | 0.04% |
| MGA | MAGNA INTERNATIONAL INC | 45900 | $3.0M | 0.03% |
| IAG | IAMGOLD CORP | 172916 | $2.7M | 0.03% |
| OTEX | OPEN TEXT CORP | 36500 | $808K | 0.01% |
| CNQ | CANADIAN NATURAL RESOURCES LTD | 18400 | $728K | 0.01% |
| INTR | INTER & CO INC | 100618 | $546K | 0.01% |
| ORLA | ORLA MINING LTD | 52100 | $509K | 0.01% |
| LRCX | LAM RESEARCH CORP | 816 | $354K | 0.00% |
| TRMD | TORM PLC | 11244 | $290K | 0.00% |
| SLM | SLM CORP | 8774 | $228K | 0.00% |
| VICI | VICI PROPERTIES INC | 7985 | $212K | 0.00% |
Increased positions (53)
| Ticker | Company | Shares | Value | % Portfolio | Change |
|---|---|---|---|---|---|
| AZN | ASTRAZENECA PLC | 9357390 | $1.75B | 18.97% | +26.1% |
| DB | DEUTSCHE BANK AG | 29358318 | $994.2M | 10.77% | +17.6% |
| TSM | TAIWAN SEMICONDUCTOR MANUFACTURING CO LTD | 532052 | $254.1M | 2.75% | +4.6% |
| ALK | ALASKA AIR GROUP INC | 3183163 | $166.2M | 1.80% | +27.2% |
| CARR | CARRIER GLOBAL CORP | 2178506 | $159.8M | 1.73% | +3.6% |
| LYV | LIVE NATION ENTERTAINMENT INC | 706301 | $129.3M | 1.40% | +34.2% |
| MRK | MERCK & CO INC | 954932 | $122.7M | 1.33% | +11.8% |
| META | META PLATFORMS INC | 201459 | $113.5M | 1.23% | +39.1% |
| BAP | CREDICORP LTD | 255436 | $99.5M | 1.08% | +4.2% |
| SAP | SAP SE | 629801 | $97.1M | 1.05% | +38.1% |
| BABA | ALIBABA GROUP HOLDING LTD | 995040 | $95.5M | 1.03% | +-6.9% |
| AXS | AXIS CAPITAL HOLDINGS LTD | 859727 | $92.4M | 1.00% | +5.4% |
| EG | EVEREST GROUP LTD | 252702 | $90.3M | 0.98% | +1.1% |
| PHG | KONINKLIJKE PHILIPS NV | 3061962 | $83.3M | 0.90% | +24.7% |
| NVO | NOVO NORDISK A/S | 1677615 | $80.4M | 0.87% | +42.9% |
| JLL | JONES LANG LASALLE INC | 248252 | $76.9M | 0.83% | +33.3% |
| CFG | CITIZENS FINANCIAL GROUP INC | 1077093 | $75.5M | 0.82% | +2.7% |
| DEO | DIAGEO PLC | 899015 | $72.3M | 0.78% | +34.9% |
| RBSPF | NATWEST GROUP PLC | 3487290 | $61.5M | 0.67% | +16.7% |
| GFIOF | GOLD FIELDS LTD | 1713233 | $57.5M | 0.62% | +4.8% |
| ING | ING GROEP NV | 1690687 | $53.1M | 0.57% | +9.9% |
| NGG | NATIONAL GRID PLC | 590240 | $48.9M | 0.53% | +9.6% |
| PFE | PFIZER INC | 1916801 | $46.2M | 0.50% | +0.1% |
| PBRA | PETROLEO BRASILEIRO SA - PETROBRAS | 3096624 | $45.3M | 0.49% | +107.0% |
| PUK | PRUDENTIAL PLC | 1689218 | $45.3M | 0.49% | +27.9% |
| TAL | TAL EDUCATION GROUP | 4125430 | $39.5M | 0.43% | +18.6% |
| SMIN | ISHARES MSCI INDIA SMALL-CAP ETF | 542849 | $38.4M | 0.42% | +15.1% |
| UNH | UNITEDHEALTH GROUP INC | 87447 | $36.3M | 0.39% | +21.7% |
| SNY | SANOFI SA | 804056 | $34.3M | 0.37% | +-24.5% |
| BTI | BRITISH AMERICAN TOBACCO PLC | 547925 | $33.8M | 0.37% | +9.4% |
| SMFG | SUMITOMO MITSUI FINANCIAL GROUP INC | 1392610 | $32.8M | 0.36% | +9.9% |
| VSOGF | VISTA ENERGY SAB DE CV | 501275 | $32.0M | 0.35% | +126.9% |
| INDA | ISHARES MSCI INDIA ETF | 628500 | $31.0M | 0.34% | +36.9% |
| GGB | GERDAU SA | 7229538 | $29.2M | 0.32% | +5.7% |
| CGAU | CENTERRA GOLD INC | 1285398 | $20.4M | 0.22% | +3.2% |
| G | GENPACT LTD | 710380 | $19.5M | 0.21% | +-63.5% |
| CTSH | COGNIZANT TECHNOLOGY SOLUTIONS CORP | 494846 | $19.2M | 0.21% | +-67.1% |
| FSM | FORTUNA MINING CORP | 2086645 | $17.6M | 0.19% | +66.8% |
| VSS | VANGUARD FTSE ALL WORLD EX-US SMALL-CAP ETF | 80907 | $12.5M | 0.14% | +-21.9% |
| CIB | GRUPO CIBEST SA | 136620 | $10.9M | 0.12% | +3.2% |
| BWLP | BW LPG LTD | 457050 | $8.0M | 0.09% | +2889.0% |
| MLCMF | MILLICOM INTERNATIONAL CELLULAR SA | 65932 | $6.0M | 0.06% | +-68.4% |
| INFY | INFOSYS LTD | 526963 | $5.5M | 0.06% | +-72.2% |
| EWT | ISHARES MSCI TAIWAN ETF | 45108 | $4.9M | 0.05% | +21.4% |
| HAFN | HAFNIA LTD | 697424 | $4.6M | 0.05% | +1182.8% |
| ACWI | ISHARES MSCI ACWI ETF | 7691 | $1.2M | 0.01% | +-50.1% |
| WIT | WIPRO LTD | 448957 | $1.0M | 0.01% | +1.3% |
| SHG | SHINHAN FINANCIAL GROUP CO LTD | 6594 | $417K | 0.00% | +-97.4% |
| GSK | GSK plc | 7163 | $375K | 0.00% | +-35.5% |
| AAPL | APPLE INC | 947 | $274K | 0.00% | +2.6% |
| ALL-PJ | ALLSTATE CORP/THE | 1107 | $263K | 0.00% | +10.1% |
| NVS | NOVARTIS AG | 1501 | $235K | 0.00% | +0.9% |
| INN | SUMMIT HOTEL PROPERTIES INC | 17063 | $120K | 0.00% | +15.0% |