# Natwest Group: value funds that own it | moatshark

4 funds run by well-known value investors held Natwest Group in their latest N-PORT filings, led by Smead International Value Fund, Causeway…



## Fund holders

| Fund | Manager | Weight | Value | As at |
| --- | --- | --- | --- | --- |
| Smead International Value Fund | Smead Capital Management | 2.8% | $10.2m | 2026-08-31 |
| Causeway International Value Fund | Causeway Capital Management | 1.6% | $317m | 2026-06-30 |
| Causeway Global Value Fund | Causeway Capital Management | 1.1% | $3.0m | 2026-06-30 |
| Causeway International Opportunities Fund | Causeway Capital Management | 1.0% | $4.1m | 2026-06-30 |

Source: SEC filings, via moatshark (https://www.moatshark.com/s/natwest-group-plc). Values traded and returns are estimates. Not investment advice. Built 2026-11-04.