other names
Southeastern Asset Management, investment adviser to the Longleaf Partners Funds, is registered with the Securities and Exchange Commission under the Investment Advisers Act of 1940. It was founded in 1975 and is an independent, employee owned company. The investment advisory firm includes eight portfolio managers/analysts whose business is to align its interests with those of shareholders and prevent conflicts of interest. Its Code of Ethics requires all employees to limit their investments in equities to Longleaf Partners Funds, unless granted clearance by a compliance committee. The Independent Trustees of the Funds must obtain clearance before making personal securities investments to avoid conflicts of interest, and must invest in the Longleaf Funds an amount at least equal to their Trustees' fees. The employees and affiliates of Southeastern are collectively the largest owners across the three Longleaf Funds.

Adviser Profile

As of Date 03/28/2025
Adviser Type - Large advisory firm
- An investment adviser (or subadviser) to an investment company
Number of Employees 31 -16.22%
of those in investment advisory functions 8 -33.33%
Registration SEC, Approved, 11/21/1975
AUM* 4,327,763,955 -21.02%
of that, discretionary 4,327,763,955 -21.02%
Private Fund GAV* 70,077,986 -63.52%
Avg Account Size 127,287,175 13.83%
% High Net Worth 23.53% -3.92%
SMA’s Yes
Private Funds 2 1
Contact Info 901 xxxxxxx
Websites

Client Types

- Individuals (other than high net worth individuals)
- High net worth individuals
- Investment companies
- Pooled investment vehicles
- Pension and profit sharing plans
- Charitable organizations
- Other investment advisers
- Corporations or other businesses not listed above
- Other

Advisory Activities

- Portfolio management for individuals and/or small businesses
- Portfolio management for investment companies
- Portfolio management for pooled investment vehicles
- Portfolio management for businesses

Compensation Arrangments

- A percentage of assets under your management
- Performance-based fees

Reported AUM

Discretionary
Non-discretionary
29B 25B 20B 16B 12B 8B 4B
2015 2016 2017 2018 2019 2020 2021 2022 2023

Private Funds



Employees

Private Funds Structure

Fund Type Count GAV
Fund TypeHedge Fund Count2 GAV$70,077,986

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Top Holdings

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Stck Ticker577081102 Stock NameMATTEL INC $ Position$113,773,180 % Position5.00% $ Change-10.00% # Change-3.00%
Stck Ticker44891N208 Stock NameIAC INC $ Position$85,732,295 % Position4.00% $ Change0.00% # Change25.00%
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Stck Ticker090572207 Stock NameBIO RAD LABS INC $ Position$75,439,693 % Position4.00% $ Change-2.00% # Change0.00%
Stck Ticker31428X106 Stock NameFEDEX CORP $ Position$87,251,124 % Position4.00% $ Change3.00% # Change0.00%
Stck Ticker31620M106 Stock NameFIDELITY NATL INFORMATION SV $ Position$86,772,826 % Position4.00% $ Change-4.00% # Change0.00%
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Stck Ticker403949100 Stock NameHF SINCLAIR CORP $ Position$70,621,544 % Position3.00% $ Change # Change

Brochure Summary