What Longleaf Partners Bought in Q4 2025
Southeastern Asset Management · Quarterly 13F recap as filed with the SEC.
Period: 2025-12-31 · Filed · Historical
$2.25B
Total Value
53
Holdings
4
New Buys
22
Reduced
In Q4 2025, Longleaf Partners reported 53 long equity positions worth $2.25B in their Southeastern Asset Management 13F filing, including 4 new positions (largest: MAGNUM ICE CREAM CO NV at $22.7M) and 19 increased positions.
| Rank | Ticker | Company | Shares | Value | % Portfolio | Change |
|---|---|---|---|---|---|---|
| 1 | CNX | CNX RES CORP | 4735824 | $174.1M | 7.76% | -0.4% |
| 2 | MAT | MATTEL INC | 8570328 | $170.0M | 7.57% | +5.0% |
| 3 | PPLI | IAC INC | 3989340 | $156.0M | 6.95% | +44.1% |
| 4 | REGN | REGENERON PHARMACEUTICALS | 165792 | $128.0M | 5.70% | +14.7% |
| 5 | PCH | POTLATCHDELTIC CORPORATION | 3162963 | $125.8M | 5.60% | +48.4% |
| 6 | RYN | RAYONIER INC | 5678941 | $122.9M | 5.48% | +26.3% |
| 7 | KHC | KRAFT HEINZ CO | 4488116 | $108.8M | 4.85% | +23.4% |
| 8 | ACI | ALBERTSONS COS INC | 6166712 | $105.9M | 4.72% | +24.7% |
| 9 | FDX | FEDEX CORP | 359122 | $103.7M | 4.62% | -4.1% |
| 10 | MGM | MGM RESORTS INTERNATIONAL | 2033369 | $74.2M | 3.30% | +16.3% |
| 11 | BIO | BIO RAD LABS INC | 227630 | $69.0M | 3.07% | -4.1% |
| 12 | ACMR | ACM RESH INC | 1680181 | $66.3M | 2.95% | +13.1% |
| 13 | WTM | WHITE MTNS INS GROUP LTD | 31652 | $65.8M | 2.93% | — |
| 14 | FBIN | FORTUNE BRANDS INNOVATIONS I | 1178103 | $58.9M | 2.62% | +16.0% |
| 15 | PVH | PVH CORPORATION | 736935 | $49.4M | 2.20% | -21.2% |
| 16 | GLIBK | GCI LIBERTY INC | 1321110 | $49.2M | 2.19% | 53.0% |
| 17 | FIS | FIDELITY NATL INFORMATION SV | 622149 | $41.3M | 1.84% | -0.6% |
| 18 | TRIP | TRIPADVISOR INC | 2838257 | $41.3M | 1.84% | +21.0% |
| 19 | AVTR | AVANTOR INC | 3548518 | $40.7M | 1.81% | -31.1% |
| 20 | GHC | GRAHAM HLDGS CO | 35721 | $39.2M | 1.75% | +1.0% |
| 21 | DIS | DISNEY WALT CO | 317175 | $36.1M | 1.61% | +11.0% |
| 22 | CNH | CNH INDL N V | 3716808 | $34.3M | 1.53% | — |
| 23 | SHEN | SHENANDOAH TELECOMMUNICATION | 2940296 | $34.0M | 1.51% | +20.1% |
| 24 | SN | SHARKNINJA INC | 289266 | $32.4M | 1.44% | -43.0% |
| 25 | PYPL | PAYPAL HLDGS INC | 554074 | $32.3M | 1.44% | -0.9% |
| 26 | DOLE | DOLE PLC | 1933708 | $29.0M | 1.29% | — |
| 27 | SAM | BOSTON BEER INC | 147997 | $28.9M | 1.29% | +35.5% |
| 28 | ALX | ALEXANDERS INC | 122712 | $26.7M | 1.19% | — |
| 29 | BATRB | ATLANTA BRAVES HLDGS INC | 671014 | $26.5M | 1.18% | — |
| 30 | ESRT | EMPIRE ST RLTY TR INC | 3704236 | $24.2M | 1.08% | +40.8% |
| 31 | CLW | CLEARWATER PAPER CORP | 1380930 | $24.0M | 1.07% | 47.2% |
| 32 | MICC | MAGNUM ICE CREAM CO NV | 1430351 | $22.7M | 1.01% | NEW |
| 33 | LPX | LOUISIANA PAC CORP | 272123 | $22.0M | 0.98% | NEW |
| 34 | NWOEF | NEW ORIENTAL ED & TECHNOLOGY | 379561 | $20.9M | 0.93% | NEW |
| 35 | KSPI | KASPI KZ JSC | 240628 | $18.8M | 0.84% | +34.8% |
| 36 | MLCO | MELCO RESORTS AND ENTMNT LTD | 1797254 | $13.6M | 0.61% | -10.6% |
| 37 | HTHT | H WORLD GROUP LTD | 231372 | $10.9M | 0.48% | -73.6% |
| 38 | GLIBK | GCI LIBERTY INC | 80675 | $3.0M | 0.13% | — |
| 39 | CAH | CARDINAL HEALTH INC | 8649 | $1.8M | 0.08% | +-18.7% |
| 40 | XPO | XPO INC | 13012 | $1.8M | 0.08% | -18.6% |
| 41 | AMG | AFFILIATED MANAGERS GROUP IN | 5562 | $1.6M | 0.07% | -18.7% |
| 42 | HSIC | HENRY SCHEIN INC | 17038 | $1.3M | 0.06% | -18.7% |
| 43 | H | HYATT HOTELS CORP | 7733 | $1.2M | 0.06% | -18.7% |
| 44 | LYV | LIVE NATION ENTERTAINMENT IN | 8434 | $1.2M | 0.05% | +-18.7% |
| 45 | ENOV | ENOVIS CORPORATION | 44258 | $1.2M | 0.05% | -18.7% |
| 46 | LAZ | LAZARD INC | 18608 | $904K | 0.04% | -18.6% |
| 47 | MSGS | MADISON SQUARE GRDN SPRT COR | 3218 | $832K | 0.04% | -20.1% |
| 48 | RXO | RXO INC | 43731 | $553K | 0.02% | -19.0% |
| 49 | ACH | OWENS & MINOR INC NEW | 181735 | $509K | 0.02% | -18.7% |
| 50 | STZ | CONSTELLATION BRANDS INC | 3661 | $505K | 0.02% | — |
| 51 | CLVT | CLARIVATE PLC | 121927 | $407K | 0.02% | — |
| 52 | HDB | HDFC BANK LTD | 10462 | $382K | 0.02% | -79.0% |
| 53 | FISV | FISERV INC | 3990 | $268K | 0.01% | NEW |