What Sarah Ketterer bought and sold in Q1 2026
In Q1 2026, Sarah Ketterer (Causeway Capital Management) opened 11 new positions — including AZN (17.7%), DTE (0.6%), TXN (0.5%), added to 19, trimmed 22, exited 14 (AZN, GPK, ALLY). The book stood at $8.15B across 107 positions, filed May 14, 2026.
11New19Added22Trimmed14Exited
New positions (11)
- AZNAstrazeneca Plc17.7% · $1.44B
- DTEDte Energy Company0.6% · $47M
- TXNTexas Instruments Inc0.5% · $40M
- TALTal Education Group- Adr0.5% · $40M
- PBR/APetroleo Brasil-sp Pref Adr0.3% · $28M
- UNHUnitedhealth Group Inc0.2% · $19M
- VISTVista Energy Sab DE CV0.2% · $17M
- CIBGrupo Cibest Sa-adr0.1% · $10M
- KSAIshrs Msci Saudi Arabia Etf<0.1% · $2M
- SCZIshares Msci Eafe Small-cap<0.1% · $557K
- ALLAllstate Corp<0.1% · $208K
Added to (19)
- DBDeutsche Bank AG+76% shares · 8.9% · $723M
- ALKAlaska Air Group Inc+74% shares · 1.1% · $92M
- AUAnglogold Ashanti Plc+107% shares · 1.1% · $86M
- METAMeta Platforms Inc-class A+31% shares · 1.0% · $83M
- SAPSap Se-sponsored Adr+82% shares · 1.0% · $78M
- RELXRelx Plc - Spon Adr+94% shares · 0.9% · $76M
- BAHBooz Allen Hamilton Holdings+116% shares · 0.8% · $67M
- WHRWhirlpool Corp+58% shares · 0.8% · $65M
- BABoeing Co/the+107% shares · 0.8% · $62M
- JLLJones Lang Lasalle Inc+213% shares · 0.7% · $57M
- DEODiageo Plc-sponsored Adr+37% shares · 0.6% · $50M
- VEAVanguard Ftse Developed Etf+75% shares · 0.6% · $47M
- NWGNatwest Group Plc -spon Adr+88% shares · 0.5% · $45M
- INGIng Groep N.v.-sponsored Adr+57% shares · 0.5% · $40M
- SNNSmith & Nephew Plc -spon Adr+58% shares · 0.4% · $30M
- BXPBxp Inc+40% shares · 0.2% · $20M
- VSSVanguard Ftse All WO X-us SC+42% shares · 0.2% · $15M
- FSMFortuna Mining Corp+45% shares · 0.2% · $12M
- ACWIIshares Msci Acwi Etf+41% shares · <0.1% · $2M
Trimmed (22)
- CPCanadian Pacific Kansas City-30% shares · 8.5% · $690M
- ADIAnalog Devices Inc-23% shares · 0.8% · $64M
- BIIBBiogen Inc-46% shares · 0.6% · $51M
- BPBP Plc-spons Adr-39% shares · 0.6% · $47M
- NGGNational Grid Plc-sp Adr-24% shares · 0.6% · $46M
- INFYInfosys Ltd-sp Adr-24% shares · 0.3% · $26M
- PDDPdd Holdings Inc-36% shares · 0.3% · $24M
- SHGShinhan Financial Group-adr-56% shares · 0.2% · $16M
- MTArcelormittal-ny Registered-31% shares · 0.2% · $14M
- CLSCelestica Inc-66% shares · 0.1% · $7M
- TMETencent Music Entertainm-adr-64% shares · 0.1% · $6M
- QFINQfin Holdings Inc-adr-75% shares · 0.1% · $4M
- EFAIshares Msci Eafe Etf-55% shares · <0.1% · $4M
- EWTIshares Msci Taiwan Etf-80% shares · <0.1% · $3M
- EFXTEnerflex Ltd-28% shares · <0.1% · $1M
- GSKGsk Plc-spon Adr-67% shares · <0.1% · $613K
- VEUVanguard Ftse All-world Ex-u-57% shares · <0.1% · $465K
- VWOVanguard Ftse Emerging Marke-88% shares · <0.1% · $404K
- BBarrick Mining Corp-100% shares · <0.1% · $316K
- MSFTMicrosoft Corp-20% shares · <0.1% · $286K
- FIXComfort Systems Usa Inc-24% shares · <0.1% · $254K
- NVSNovartis Ag-sponsored Adr-23% shares · <0.1% · $227K
Exited (14)
- AZNAstrazeneca Plc-spons Adrwas 1.3% of book
- GPKGraphic Packaging Holding COwas 0.9% of book
- ALLYAlly Financial Incwas 0.4% of book
- VIPSVipshop Holdings Ltd - Adrwas 0.3% of book
- VALEVale Sa-sp Adrwas 0.2% of book
- EWYIshares Msci South Korea Etfwas 0.1% of book
- MOMOHello Group Inc -spn Adrwas 0.1% of book
- URTHIshares Msci World Etfwas <0.1% of book
- EZAIshares Msci South Africa ETwas <0.1% of book
- GRTUFGranite Real Estate Investmewas <0.1% of book
- ASHRXtrackers Harvest Csi 300 CHwas <0.1% of book
- EWZIshares Msci Brazil Etfwas <0.1% of book
- KEPKorea Elec Power Corp-sp Adrwas <0.1% of book
- PBYIPuma Biotechnology Incwas <0.1% of book
Sarah Ketterer's other filings
Changes vs the prior quarter's 13F, long US equity positions only (no shorts, options, or non-US listings). ADD/TRIM are share- count changes of ±20% or more. Sourced from SEC EDGAR. Not investment advice.