Southeastern / Longleaf (Hawkins)
Tier 3 · less-proven / weaker recordDeep value
9.05% CAGR since 1987; UNDERPERFORMED S&P ~1.9pp (audited LLPFX).
Positions
49
as of Q1 2026
Top-5 concentration
42%
of equity portfolio
Latest filing
Q1 2026
13F report date
Reported holdings long US equity, by weight
| Ticker | Sector | Weight | Value | Change |
|---|---|---|---|---|
| RYN RAYONIER INC | Real Estate | 10.9% | $222M | ADD |
| MAT MATTEL INC | Industrials | 9.2% | $186M | ADD |
| PPLI IAC INC | Information Technology | 7.9% | $161M | ADD |
| CNX CNX RES CORP | Energy | 7.6% | $155M | TRIM |
| ACI ALBERTSONS COS INC | Consumer Staples | 6.2% | $126M | ADD |
| REGN REGENERON PHARMACEUTICALS | Health Care | 5.0% | $101M | TRIM |
| KHC KRAFT HEINZ CO | Consumer Staples | 4.4% | $89M | TRIM |
| FDX FEDEX CORP | Industrials | 4.3% | $88M | TRIM |
| FBIN FORTUNE BRANDS INNOVATIONS I | Industrials | 4.1% | $84M | ADD |
| MGM MGM RESORTS INTERNATIONAL | Consumer Discretionary | 3.0% | $62M | TRIM |
| PVH PVH CORPORATION | Industrials | 2.5% | $51M | HOLD |
| GLIBK GCI LIBERTY INC | Communication Services | 2.4% | $49M | HOLD |
| TRIP TRIPADVISOR INC | Information Technology | 2.4% | $49M | ADD |
| BIO BIO RAD LABS INC | Health Care | 2.2% | $45M | TRIM |
| SHEN SHENANDOAH TELECOMMUNICATION | Communication Services | 2.2% | $45M | HOLD |
| — WHITE MTNS INS GROUP LTD | — | 2.0% | $41M | TRIM |
| — CNH INDL N V | — | 2.0% | $41M | HOLD |
| GHC GRAHAM HLDGS CO | Industrials | 2.0% | $40M | ADD |
| FIS FIDELITY NATL INFORMATION SV | Industrials | 1.9% | $39M | ADD |
| ESRT EMPIRE ST RLTY TR INC | Real Estate | 1.7% | $34M | ADD |
| ACMR ACM RESH INC | Industrials | 1.5% | $31M | TRIM |
| EDU NEW ORIENTAL ED & TECHNOLOGY | Industrials | 1.5% | $30M | ADD |
| BATRK ATLANTA BRAVES HLDGS INC | Communication Services | 1.4% | $29M | HOLD |
| — DOLE PLC | — | 1.4% | $28M | HOLD |
| AVTR AVANTOR INC | Health Care | 1.4% | $28M | TRIM |
| SAM BOSTON BEER INC | Consumer Staples | 1.3% | $27M | TRIM |
| — SHARKNINJA INC | — | 1.3% | $27M | TRIM |
| — MAGNUM ICE CREAM CO NV | — | 1.2% | $24M | ADD |
| ALX ALEXANDERS INC | Real Estate | 1.2% | $23M | TRIM |
| CLW CLEARWATER PAPER CORP | Industrials | 1.1% | $22M | ADD |
| KSPI KASPI KZ JSC | Industrials | 0.9% | $18M | HOLD |
| HTHT H WORLD GROUP LTD | Consumer Discretionary | 0.6% | $12M | HOLD |
| MLCO MELCO RESORTS AND ENTMNT LTD | Consumer Discretionary | 0.5% | $10M | HOLD |
| GLIBA GCI LIBERTY INC | Communication Services | 0.1% | $3M | HOLD |
| CAH CARDINAL HEALTH INC | Other | 0.1% | $2M | TRIM |
| AMG AFFILIATED MANAGERS GROUP | Financials | 0.1% | $2M | HOLD |
| LYV LIVE NATION ENTERTAINMENT IN | Communication Services | 0.1% | $1M | HOLD |
| HSIC SCHEIN HENRY INC | Other | 0.1% | $1M | HOLD |
| XPO XPO INC | Industrials | 0.1% | $1M | TRIM |
| H HYATT HOTELS CORP | Consumer Discretionary | 0.1% | $1M | HOLD |
| MSGS MADISON SQUARE GRDN SPRT COR | Communication Services | 0.1% | $1M | HOLD |
| PYPL PAYPAL HLDGS INC | Industrials | 0.0% | $1M | TRIM |
| ENOV ENOVIS CORPORATION | Health Care | 0.0% | $1M | HOLD |
| LAZ LAZARD INC | Financials | 0.0% | $790K | HOLD |
| RXO RXO INC | Industrials | 0.0% | $639K | HOLD |
| STZ CONSTELLATION BRANDS INC | Consumer Staples | 0.0% | $549K | HOLD |
| — CLARIVATE PLC | — | 0.0% | $308K | HOLD |
| HDB HDFC BANK LTD | Financials | 0.0% | $260K | HOLD |
| FISV FISERV INC | Industrials | 0.0% | $223K | HOLD |
Weights are share of the manager’s reported long US-equity portfolio (13F). Options, bonds, and non-US/private holdings aren’t reported here. “Change” vs the prior reported quarter.