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Focused investors/Sarah Ketterer

Sarah Ketterer - Causeway Capital Management

As of Q2 2026, Sarah Ketterer reported 122 long-equity positions worth $9.24B in aggregate.

Copy-investor backtest

Latest quarter
+5.46%
1-year
+10.72%
3-year
+53.20%
5-year
+39.34%
3-year vs S&P 500
-20.81%
5-year vs S&P 500
-34.56%
5-year top 5
+2.10%

Return from mechanically copying the disclosed 13F equity portfolio after each filing and rebalancing at the next. The vs S&P 500 figures subtract SPY over that manager's own rebalance dates, so both sides cover the same days; both are price return, excluding dividends. Method & limitations.

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Updated 2026-09-12 from SEC 13F data.

Live quotes available for 47 of 86 rows. Rows without a quote are marked unavailable.

1CCITIGROUP INC5.03%Add +1.2%2,843,903$192.62M$67.73No quote
2ORCLORACLE CORP4.57%Reduce -9.4%3,069,061$174.96M$57.01No quote
3MSFTMICROSOFT CORP4.06%Reduce -11.6%2,854,344$155.48M$54.47No quote
4NOVNATIONAL OILWELL VARCO INC4.04%Add +21.4%2,341,046$154.64M$66.06No quote
5LLYLILLY ELI & CO4.01%Reduce -5.4%1,566,286$153.61M$98.07No quote
6RYAAYRYANAIR HLDGS PLC3.97%Add +3.4%2,274,481$151.87M$66.77No quote
7EMCE M C CORP MASS3.68%Reduce -10.4%4,125,740$141.04MNo quoteNo quote
8QCOMQUALCOMM INC3.66%Reduce -10.1%1,504,909$140.28M$93.22No quote
9CVXCHEVRON CORP NEW3.57%Add +7.8%972,102$136.87M$140.79No quote
10DALDELTA AIR LINES INC DEL3.55%New2,280,253$136.07M$59.67No quote
11TSMTAIWAN SEMICONDUCTOR MFG LTD3.25%Add +52.2%5,300,133$124.45M$23.48No quote
12CCLCARNIVAL CORP3.14%Reduce -24.2%1,884,678$120.14M$63.74No quote
13WFCWELLS FARGO & CO NEW3.06%Reduce -11.8%1,620,323$117.08M$72.26No quote
14JNJJOHNSON & JOHNSON3.01%Reduce -8.1%855,044$115.34M$134.89No quote
15UNHUNITEDHEALTH GROUP INC2.97%Reduce -38.6%722,588$113.62M$157.24No quote
16SNXSYNNEX CORP2.97%Reduce -6.4%1,106,986$113.54M$102.56No quote
17PVHPVH CORP2.73%New740,320$104.58M$141.26No quote
18PRUPRUDENTIAL FINL INC2.63%New941,735$100.69MNo quoteNo quote
19USGU S G CORP2.59%Add +7.8%2,796,905$98.98MNo quoteNo quote
20EPIWISDOMTREE TRUST2.45%Reduce -14.0%4,108,500$93.67MNo quoteNo quote
21MOALTRIA GROUP INC2.14%Reduce -20.1%1,412,837$82.01M$58.05No quote
22SKMSK TELECOM LTD2.05%Add +4.5%2,886,854$78.55MNo quoteNo quote
23CHLCHINA MOBILE LIMITED1.96%Add +36.1%1,156,275$75.19MNo quoteNo quote
24MATMATTEL INC1.85%Reduce -6.0%2,315,040$70.84M$30.60No quote
25DISDISNEY WALT CO1.75%Reduce -12.5%479,074$67.04M$139.94No quote
26PNCPNC FINL SVCS GROUP INC1.64%New503,289$62.82M$124.82No quote
27PBR-APETROLEO BRASILEIRO SA PETRO1.07%Add +631.8%6,730,700$40.99M$6.09No quote
28SMSM ENERGY CO1.03%New565,082$39.45MNo quoteNo quote
29APOLAPOLLO ED GROUP INC1.03%Reduce -12.0%1,561,751$39.32MNo quoteNo quote
30TTMTATA MTRS LTD1.01%Reduce -9.9%868,375$38.84MNo quoteNo quote
31IBNICICI BK LTD1.00%Add +2.3%3,679,875$38.12M$10.36No quote
32VWOVANGUARD INTL EQUITY INDEX F0.82%Add +15.6%765,356$31.28M$40.87No quote
33EEMISHARES TR0.81%Add +19.7%773,000$31.02M$40.13No quote
34RDYDR REDDYS LABS LTD0.80%Reduce -11.3%535,100$30.55MNo quoteNo quote
35ENLREED ELSEVIER N V0.80%Reduce -13.7%613,256$30.54MNo quoteNo quote
36UBSUBS AG0.65%Reduce -7.4%1,318,271$24.74M$18.77No quote
37SNYSANOFI0.62%Reduce -5.8%477,367$23.6M$49.44No quote
38BTIBRITISH AMERN TOB PLC0.60%Reduce -10.5%219,557$22.78M$103.77No quote
39NVSNOVARTIS A G0.57%Reduce -33.8%222,652$21.96M$98.61No quote
40INFYINFOSYS LTD0.54%Add +2067.0%585,100$20.53M$35.08No quote
41GSKGLAXOSMITHKLINE PLC0.53%New439,614$20.29M$46.15No quote
42AVVIYAVIVA PLC0.52%Reduce -0.3%1,222,328$19.77MNo quoteNo quote
43TMTOYOTA MOTOR CORP0.51%Reduce -12.2%140,333$19.63MNo quoteNo quote
44BCSBARCLAYS PLC0.51%Reduce -7.1%1,329,804$19.38M$14.57No quote
45TTETOTAL S A0.45%Add +10.1%350,133$17.39M$49.66No quote
46SMFGSUMITOMO MITSUI FINL GROUP I0.44%Add +18.6%2,171,860$16.81M$7.74No quote
47CUKCARNIVAL PLC0.44%Reduce -13.7%340,058$16.66MNo quoteNo quote
48HSBCHSBC HOLDINGS PLC0.42%Reduce -69.5%377,310$16.07M$42.59No quote
49LYGLLOYDS BANKING GROUP PLC0.40%Reduce -9.6%3,279,141$15.31M$4.67No quote
50VODVODAFONE GROUP PLC NEW0.32%Reduce -5.2%379,659$12.41MNo quoteNo quote
51NTESNETEASE INC0.31%Add +35.4%112,400$11.84M$105.30No quote
52KMTUYKOMATSU LTD0.29%Add +1.9%561,243$11MNo quoteNo quote
53SAPSAP AG0.29%Reduce -7.1%151,467$10.93M$72.17No quote
54CEOCNOOC LTD0.28%Reduce -3.2%75,163$10.66MNo quoteNo quote
55CSCREDIT SUISSE GROUP0.26%Reduce -3.6%373,600$10.06MNo quoteNo quote
56AXAHYAXA0.25%Reduce -8.8%377,932$9.54MNo quoteNo quote
57CLZNYCLARIANT AG0.25%Reduce -7.7%473,987$9.49MNo quoteNo quote
58AMXAMERICA MOVIL SAB DE CV0.23%Reduce -4.6%421,700$8.63MNo quoteNo quote
59RIORIO TINTO PLC0.22%Reduce -21.2%208,027$8.61M$41.40No quote
60MBTMOBILE TELSYSTEMS OJSC0.22%-847,250$8.56MNo quoteNo quote
61INDAISHARES TR0.21%-250,000$8.02M$32.09No quote
62VALEPVALE S A0.20%Add +160.1%1,583,500$7.68MNo quoteNo quote
63IMOIMPERIAL OIL LTD0.18%Reduce -9.3%174,776$6.97M$39.88No quote
64WXWUXI PHARMATECH CAYMAN INC0.11%Reduce -41.6%105,600$4.1MNo quoteNo quote
65KEPKOREA ELECTRIC PWR0.07%Add +53.7%125,100$2.57M$20.50No quote
66AUOAU OPTRONICS CORP0.06%Add +37.9%453,312$2.27MNo quoteNo quote
67SNPCHINA PETE & CHEM CORP0.06%Reduce -64.0%26,810$2.14MNo quoteNo quote
68CYOUCHANGYOU COM LTD0.05%New69,800$1.81MNo quoteNo quote
69CYDCHINA YUCHAI INTL LTD0.04%-83,100$1.64M$19.74No quote
70PTRPETROCHINA CO LTD0.04%Add +2.1%14,307$1.59MNo quoteNo quote
71LPLLG DISPLAY CO LTD0.03%Add +54.0%91,600$1.31MNo quoteNo quote
72BRFSBRF SA0.03%-58,800$1.16MNo quoteNo quote
73KTKT CORP0.03%-75,800$991K$13.07No quote
74JASOJA SOLAR HOLDINGS CO LTD0.02%Reduce -80.6%89,600$857KNo quoteNo quote
75SPILSILICONWARE PRECISION INDS L0.01%-62,669$513KNo quoteNo quote
76HDBHDFC BANK LTD0.01%-8,416$496K$58.94No quote
77ASXADVANCED SEMICONDUCTOR ENGR0.01%-60,996$439K$7.20No quote
78UMCUNITED MICROELECTRONICS CORP0.01%-120,249$293K$2.44No quote
7957061RMARKET VECTORS ETF TR0.01%Reduce -15.5%6,000$283KNo quoteNo quote
80SSLTSESA GOA LTD0.01%-22,775$282KNo quoteNo quote
81CHTCHUNGHWA TELECOM CO LTD0.01%-8,123$261KNo quoteNo quote
82WITWIPRO LTD0.00%-9,800$131K$13.37No quote
86-VANGUARD INTL EQUITY INDEX FCUSIP 922041718-Sold0$0No quoteNo quote
85PGRPROGRESSIVE CORP OHIO-Sold0$0No quoteNo quote
84TVGRUPO TELEVISA SA-Sold0$0No quoteNo quote
83CSXCSX CORP-Sold0$0No quoteNo quote