CAUSEWAY CAPITAL MANAGEMENT LLC — CARNIVAL CORP CCL: Quarterly 13F Position History
CAUSEWAY CAPITAL MANAGEMENT LLC has reported CARNIVAL CORP (CCL) on 41 13F-HR filings in Pactolio's tracked window, first appearing in Q1 2016. As of Q1 2026, the position is sized at 37,096,593 shares ($960.1M market value, 11.79% of the equity book). Quarter-over-quarter share count change: + 3,151,811 (+9.3%) .
- 37,096,593Shares Held (Latest Filing)
- $960.1MReported Market Value (Latest Filing)
- 11.79%Portfolio Weight (% of 13F Equity Book)
- +3,151,811Quarter-over-Quarter Share Change
- -$76.6MQuarter-over-Quarter Value Change
- 37,096,593Peak Reported Shares (Historical)
Quarterly 13F-HR Disclosure History Source: SEC 13F-HR filings, 41 quarter s
| Quarter | Shares | QoQ Share Change | Share Change (%) | Market Value | Weight | Implied Price |
|---|---|---|---|---|---|---|
| Q1 2026 | 37,096,593 | +3,151,811 | +9.3% | $960.1M | 11.79% | $25.88 |
| Q4 2025 | 33,944,782 | +2,032,781 | +6.4% | $1.04B | 14.26% | $30.54 |
| Q3 2025 | 31,912,001 | +2,783,927 | +9.6% | $922.6M | 12.19% | $28.91 |
| Q2 2025 | 29,128,074 | +2,563,008 | +9.6% | $819.1M | 12.96% | $28.12 |
| Q1 2025 | 26,565,066 | +26,565,066 | — | $518.8M | 10.85% | $19.53 |
| Q4 2024 | 0 | 0 | — | $0 | 0.00% | — |
| Q3 2024 | 0 | 0 | — | $0 | 0.00% | — |
| Q2 2024 | 0 | 0 | — | $0 | 0.00% | — |
| Q1 2024 | 0 | 0 | — | $0 | 0.00% | — |
| Q4 2023 | 0 | 0 | — | $0 | 0.00% | — |
| Q3 2023 | 0 | 0 | — | $0 | 0.00% | — |
| Q2 2023 | 0 | 0 | — | $0 | 0.00% | — |
| Q1 2023 | 0 | 0 | — | $0 | 0.00% | — |
| Q4 2022 | 0 | 0 | — | $0 | 0.00% | — |
| Q3 2022 | 0 | 0 | — | $0 | 0.00% | — |
| Q2 2022 | 0 | 0 | — | $0 | 0.00% | — |
| Q1 2022 | 0 | 0 | — | $0 | 0.00% | — |
| Q4 2021 | 0 | 0 | — | $0 | 0.00% | — |
| Q3 2021 | 0 | 0 | — | $0 | 0.00% | — |
| Q2 2021 | 0 | 0 | — | $0 | 0.00% | — |
| Q1 2021 | 0 | 0 | — | $0 | 0.00% | — |
| Q4 2020 | 0 | 0 | — | $0 | 0.00% | — |
| Q3 2020 | 0 | 0 | — | $0 | 0.00% | — |
| Q2 2020 | 0 | 0 | — | $0 | 0.00% | — |
| Q1 2020 | 0 | 0 | — | $0 | 0.00% | — |
| Q4 2019 | 0 | 0 | — | $0 | 0.00% | — |
| Q3 2019 | 0 | 0 | — | $0 | 0.00% | — |
| Q2 2019 | 0 | 0 | — | $0 | 0.00% | — |
| Q1 2019 | 0 | 0 | — | $0 | 0.00% | — |
| Q4 2018 | 0 | 0 | — | $0 | 0.00% | — |
| Q3 2018 | 0 | 0 | — | $0 | 0.00% | — |
| Q2 2018 | 0 | 0 | — | $0 | 0.00% | — |
| Q1 2018 | 0 | 0 | — | $0 | 0.00% | — |
| Q4 2017 | 0 | 0 | — | $0 | 0.00% | — |
| Q3 2017 | 0 | 0 | — | $0 | 0.00% | — |
| Q2 2017 | 0 | 217,578 | -100.0% | $0 | 0.00% | — |
| Q1 2017 | 217,578 | 2,977,645 | -93.2% | $14.7M | 0.25% | $67.72 |
| Q4 2016 | 3,195,223 | +148,118 | +4.9% | $195.4M | 3.70% | $61.15 |
| Q3 2016 | 3,047,105 | +402,427 | +15.2% | $167.3M | 3.25% | $54.90 |
| Q2 2016 | 2,644,678 | +228,111 | +9.4% | $133.5M | 2.84% | $50.48 |
| Q1 2016 | 2,416,567 | — | — | $148.2M | 3.41% | $61.35 |
Methodology & FAQ
How This Position History Is Sourced
Each row is one SEC Form 13F-HR filing disclosing this position. Share count, market value, and reported quarter are taken verbatim from the filing; portfolio weight is recomputed against the same filing's total reported equity book. Implied price-per-share is market value divided by shares — a quarter-end mark, not the manager's cost basis. See the full methodology document for the normalization rules.
When did CAUSEWAY CAPITAL MANAGEMENT LLC first disclose a CCL position in 13F-HR filings?
CAUSEWAY CAPITAL MANAGEMENT LLC first reported CARNIVAL CORP (CCL) on its 13F-HR filing for the period ending 2016-03-31 (Q1 2016). The position has appeared on 41 reported quarters within Pactolio's tracked window.
What was CAUSEWAY CAPITAL MANAGEMENT LLC's most recent quarter-over-quarter share-count change in CCL?
Between Q4 2025 and Q1 2026, CAUSEWAY CAPITAL MANAGEMENT LLC added 3,151,811 shares of CCL (+9.3%), bringing the total reported position to 37,096,593 shares at a market value of $960.1M.
Does the implied price-per-share represent CAUSEWAY CAPITAL MANAGEMENT LLC's cost basis in CCL?
No. The implied price-per-share column is the 13F-HR reported market value divided by reported share count on the filing date (end of quarter). It is a quarter-end mark, not a cost basis or transaction price. Use it as a sanity check on the value column, not as an indicator of the manager's entry or exit price.