Asset Manager · CIK 0000807985

Southeastern Asset

Longleaf
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Southeastern Asset runs Longleaf, an asset manager overseeing $2.25B in disclosed equity holdings (SEC CIK 0000807985). The latest portfolio (2025Q4) discloses 53 positions across 10 sectors, with the largest positions in CNX, MAT and IAC. On a mark-to-market basis the tracked portfolio has returned 4.2% over the past year. OpenStocks tracks 40 consecutive quarterly snapshots for this manager — every position change, new entry, and exit is logged below.

Portfolio
$2.25B
Positions
53
Quarter
2025Q4
Filings tracked
40
1Y+4.2%3Y+69.0%5Y+59.3%10Y+8.5%Full performance →
1-YearTWR
+4.25%
since 2024Q4
3-YearTWR
+68.99%
since 2022Q4
5-YearTWR
+59.33%
since 2020Q4
10-Yearbacktest
+8.47%
since 2016-04-20

Methodology: TWR tiles chain-link quarterly mark-to-market across consecutive filings (GIPS-compliant) · actual tiles use a real 13F snapshot marked to today · backtest tiles re-price the current book to historical prices.

Performance overview

We mark Southeastern Asset (Longleaf)'s disclosed portfolio to current market prices and compare its growth against the S&P 500 (SPY). Southeastern's portfolio is 4.2% over the last 12 months · 62.1% since 2016Q1.

Portfolio growth vs SPY
Rebased to 100 at 2021Q2 · through 2025Q4
Southeastern Asset
+32.9%
SPY
+69.5%
Alpha
-36.7pp
64931211501782021Q22023Q32025Q4
Portfolio line is the GIPS-compliant time-weighted return chain-linked across the manager's quarterly 13F filings — unaffected by capital flows. Quarters with insufficient held-through coverage are skipped, which can briefly flatten the line.
Capital flow per quarter
BuysSellsNet
+$1.38B+$692M$0-$692M-$1.38B'22Q1'22Q2'22Q3'22Q4'23Q1'23Q2'23Q3'23Q4'24Q1'24Q2'24Q3'24Q4'25Q1'25Q2'25Q3'25Q4
Latest · 2025Q4
+$233M
Lifetime buys
$4.60B
Lifetime sells
$7.57B
Portfolio over time
AUMPositions
$0$1.87B$3.73B$5.66B5337'22Q1'23Q4'25Q4
QoQ AUM
+14.6%
16Q lifetime AUM
-60.3%
QoQ positions
+4
16Q lifetime positions
+16
Position concentration
43 positions
Top 1
8%
of book
  • Top 18%$214.8MCNX
  • Top 2-523%$604.7MMAT, FDX, AMG
  • Top 6-1022%$583.4MLYV, FIS, KEL
  • Top 11-2027%$701.0MCNH INDL N V, MGM, RTX
  • Rest19%$498.8MSHARKNINJA I, WHITE MTNS I, PVH