Sarah Ketterer - Causeway Capital Management
Superinvestor profile · Rank #55 by reported 13F value (2026 Q2 filers) · CIK 0001165797 · All profiles
Founded 2001Los Angeles, CAGlobal and international value equity, combining fundamental and quantitative researchKey person: Sarah Ketterer
Reported 13F value
$9.2B
Period 2026-06-30 · Filed 2026-08-13
Positions
122
Top 10 = 65.3% of value
Clone CAGR (full window)
+12.7%
2016-11-14 → 2026-10-02 · cumulative +225%
SPY CAGR (same window)
+15.5%
Cumulative +316%
Max drawdown (monthly)
-30%
Month-end values, approximate
Latest-quarter activity
23 new · 8 exited
48 increased · 46 decreased
Hypothetical clone — not this fund's returns. The performance on this page replicates only the long U.S. equity positions disclosed on this manager's Form 13F filings, rebalanced on filing dates at disclosed weights with dividend-adjusted prices. It excludes shorts, bonds, cash, non-U.S. listings, private holdings, leverage and fees. Treat it as a measure of how the disclosed stock picks performed, never as the fund's track record. Evidence: filing-by-filing dossier (PDF) · Methodology (PDF)
Clone performance
| Window | Clone CAGR | Note |
|---|---|---|
| Full window (2016-11-14 → 2026-10-02, 40 filings) | +12.68% | Cumulative +225.3% vs SPY +316.1% |
| Trailing 10Y | — | |
| Trailing 5Y | +11.41% | |
| Trailing 3Y | +19.62% | |
| Trailing 1Y | +9.79% |
Top holdings — 2026 Q2 filing
| Ticker | Company | Weight | Reported value |
|---|---|---|---|
| AZN | Astrazeneca Plc | 18.97% | $1.8B |
| CCL | Carnival Corp Ltd | 12.74% | $1.2B |
| DB | Deutsche Bank Ag | 10.77% | $994M |
| SW | Smurfit Westrock Plc | 7.53% | $696M |
| CP | Canadian Pacific Kansas City Ltd | 6.30% | $582M |
| TSM | Taiwan Semiconductor Manufacturing Co Ltd | 2.75% | $254M |
| ALK | Alaska Air Group Inc | 1.80% | $166M |
| CARR | Carrier Global Corp | 1.73% | $160M |
| LYV | Live Nation Entertainment Inc | 1.40% | $129M |
| MRK | Merck & Co Inc | 1.33% | $123M |
As reported on the 2026-06-30 Form 13F (filed 2026-08-13). Full holdings and quarter changes: holdings page.
Filing history in this profile
Every clone input traces to one of these SEC filings. 52.4% of the latest filing's reported value is covered by our price history; the remainder is mostly non-U.S. listings, recent IPOs or delisted names and is excluded from the clone.
Background (founded / HQ / style) source: https://www.businesswire.com/news/home/20260702306651/en/Causeway-Capital-Management-Celebrates-25-Years-of-Disciplined-Global-Investing — Founded in June 2001 by Sarah Ketterer, Harry Hartford and James Doyle, formerly of Hotchkis & Wiley. Majority employee-owned. Ketterer is CEO, Hartford is president.