Southeastern Asset Management Inc.
In its 13F for Q1 2025 (holdings as of March 31, 2025, filed May 15, 2025), Southeastern Asset Management Inc. reported 43 stock positions worth $1.9 billion. Its top holding was CNX Resources (CNX) at 8.0% of the portfolio, followed by Mattel (MAT, 7.1%) and People (PPLI, 6.0%). Compared with Q4 2024, it opened 3 new positions, sold out of 4, added to 4 and reduced 20. The biggest buy was a new position in Regeneron Pharmaceuticals (REGN) and the biggest sale an exit from RTX (RTX).
- Most Recent 13F
- Q2 2026
- Location
- MEMPHIS, TN
- CIK
- 0000807985
- Portfolio Value
- $1.9B (Q1 2025)
- SEC Filing
- 0001398344-25-009698 ↗ filed May 15, 2025
Holdings Value
Holdings 43 stocks · $1.9B
| CNX CNX Resources Corp. | 8.03% | 4,786,178 | $150.7M | Add +6.7% |
| MAT Mattel Inc. | 7.08% | 6,838,934 | $132.9M | Reduce -10.4% |
| PPLI People Inc. filed as IAC INC | 6.01% | 2,455,492 | $112.8M | Reduce -10.8% |
| ACI Albertsons Cos Inc. Class A | 5.94% | 5,068,175 | $111.4M | Reduce -12.1% |
| FIS Fidelity National Info Serv | 5.17% | 1,297,683 | $96.9M | Reduce -10.5% |
| FDX FedEx Corp. | 5.05% | 388,714 | $94.8M | Reduce -9.7% |
| DINO HF Sinclair Corp. | 4.68% | 2,668,678 | $87.7M | Reduce -2.9% |
| AMG Affiliated Managers Group | 4.30% | 479,771 | $80.6M | Reduce -31.7% |
| BIO Bio-Rad Laboratories-A | 4.20% | 323,805 | $78.9M | Add +5.0% |
| KHC The Kraft Heinz Co. | 3.99% | 2,461,981 | $74.9M | Reduce -13.2% |
| REGN Regeneron Pharmaceuticals | 3.88% | 114,880 | $72.9M | New |
| TIGO Millicom Intl Cellular S.A. | 3.26% | 2,017,973 | $61.1M | Reduce -16.3% |
| MGM MGM Resorts International | 3.05% | 1,928,963 | $57.2M | Reduce -19.9% |
| GHC Graham Holdings Co. Class B | 2.82% | 55,157 | $53.0M | Reduce -6.6% |
| H Hyatt Hotels Corp. Class A | 2.55% | 390,999 | $47.9M | Reduce -0.9% |
| CNH CNH Industrial NV | 2.53% | 3,862,766 | $47.4M | Reduce -18.6% |
| SN Sharkninja Inc. | 2.42% | 545,403 | $45.5M | Add +24.4% |
| PVH PVH Corp. | 2.09% | 605,686 | $39.2M | Add +18.8% |
| PYPL PayPal Holdings Inc. | 1.99% | 571,093 | $37.3M | Reduce -1.5% |
| PCH Potlatchdeltic Corp. | 1.97% | 820,355 | $37.0M | Reduce -17.1% |
| WTM White Mountains Insurance GP | 1.90% | 18,484 | $35.6M | Reduce -4.0% |
| WEST Westrock Coffee Co. | 1.88% | 4,879,927 | $35.2M | No change |
| BATRK Atlanta Braves Holdings in-C | 1.81% | 851,017 | $34.0M | No change |
| DOLE Dole PLC | 1.81% | 2,353,117 | $34.0M | No change |
| HTHT H World Group Ltd.-ADR | 1.78% | 904,892 | $33.5M | Reduce -2.9% |
| OSCR Oscar Health Inc. Class A | 1.47% | 2,096,785 | $27.5M | Reduce -33.0% |
| MLCO Melco Resorts & Entert-ADR | 1.42% | 5,061,285 | $26.7M | Reduce -2.8% |
| SAM Boston Beer Company Inc. Class A | 1.35% | 106,317 | $25.4M | No change |
| PK Park Hotels & Resorts Inc. | 1.32% | 2,310,978 | $24.7M | No change |
| TRIP Tripadvisor Inc. | 1.31% | 1,728,253 | $24.5M | New |
| HHH Howard Hughes Holdings Inc. | 0.86% | 217,395 | $16.1M | No change |
| ESRT Empire State Realty Trust-A | 0.65% | 1,557,018 | $12.2M | No change |
| SHEN Shenandoah Telecommunication | 0.61% | 909,818 | $11.4M | New |
| HDB HDFC Bank Ltd.-ADR | 0.17% | 46,922 | $3.1M | Reduce -26.1% |
| CAH Cardinal Health Inc. | 0.13% | 17,581 | $2.4M | No change |
| LYV Live Nation Entertainment Inc. | 0.10% | 14,086 | $1.8M | No change |
| XPO Xpo Inc. | 0.09% | 15,980 | $1.7M | No change |
| ENOV Enovis Corp. | 0.07% | 36,583 | $1.4M | No change |
| HSIC Henry Schein Inc. | 0.06% | 15,600 | $1.1M | No change |
| RXO Rxo Inc. | 0.06% | 53,978 | $1.0M | No change |
| GOOG Alphabet Inc. Class C | 0.05% | 6,527 | $1.0M | No change |
| LAZ Lazard Inc. | 0.05% | 22,863 | $990K | No change |
| MSGS Madison Square Garden Sports | 0.04% | 4,028 | $784K | No change |
Portfolio Sells Q4 2024 → Q1 2025
| RTX RTX Corp. | Sold out | 0.00% | −2.87 |
| AMG Affiliated Managers Group | Reduce -31.7% | 4.30% | −1.84 |
| MGM MGM Resorts International | Reduce -19.9% | 3.05% | −0.89 |
| FDX FedEx Corp. | Reduce -9.7% | 5.05% | −0.66 |
| HOUS Anywhere Real Estate Inc. | Sold out | 0.00% | −0.54 |
| OSCR Oscar Health Inc. Class A | Reduce -33.0% | 1.47% | −0.52 |
| LLYVK Liberty Media Corp.-Liberty-C | Sold out | 0.00% | −0.51 |
| H Hyatt Hotels Corp. Class A | Reduce -0.9% | 2.55% | −0.37 |
| FIS Fidelity National Info Serv | Reduce -10.5% | 5.17% | −0.37 |
| PYPL PayPal Holdings Inc. | Reduce -1.5% | 1.99% | −0.35 |
| LLYVA Liberty Media Corp.-Liberty-A | Sold out | 0.00% | −0.17 |
| KHC The Kraft Heinz Co. | Reduce -13.2% | 3.99% | −0.12 |
| HDB HDFC Bank Ltd.-ADR | Reduce -26.1% | 0.17% | −0.03 |
| CNH CNH Industrial NV | Reduce -18.6% | 2.53% | −0.01 |
| MLCO Melco Resorts & Entert-ADR | Reduce -2.8% | 1.42% | −0.00 |
| DINO HF Sinclair Corp. | Reduce -2.9% | 4.68% | +0.13 |
| WTM White Mountains Insurance GP | Reduce -4.0% | 1.90% | +0.13 |
| PCH Potlatchdeltic Corp. | Reduce -17.1% | 1.97% | +0.14 |
| HTHT H World Group Ltd.-ADR | Reduce -2.9% | 1.78% | +0.33 |
| GHC Graham Holdings Co. Class B | Reduce -6.6% | 2.82% | +0.39 |
| PPLI People Inc. | Reduce -10.8% | 6.01% | +0.41 |
| TIGO Millicom Intl Cellular S.A. | Reduce -16.3% | 3.26% | +0.41 |
| ACI Albertsons Cos Inc. Class A | Reduce -12.1% | 5.94% | +0.59 |
| MAT Mattel Inc. | Reduce -10.4% | 7.08% | +0.69 |
Portfolio Buys Q4 2024 → Q1 2025
| REGN Regeneron Pharmaceuticals | New | 3.88% | +3.88 |
| TRIP Tripadvisor Inc. | New | 1.31% | +1.31 |
| SHEN Shenandoah Telecommunication | New | 0.61% | +0.61 |
| SN Sharkninja Inc. | Add +24.4% | 2.42% | +0.41 |
| CNX CNX Resources Corp. | Add +6.7% | 8.03% | +0.26 |
| PVH PVH Corp. | Add +18.8% | 2.09% | −0.46 |
| BIO Bio-Rad Laboratories-A | Add +5.0% | 4.20% | −0.58 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 47 | $1.9B | RYN, MAT, CNX, PPLI, ACI |
| Q1 2026 | 49 | $2.0B | RYN, MAT, PPLI, CNX, ACI |
| Q4 2025 | 53 | $2.2B | CNX, MAT, PPLI, REGN, PCH |
| Q3 2025 | 49 | $2.0B | CNX, MAT, RYN, KHC, PPLI |
| Q2 2025 | 49 | $2.0B | CNX, MAT, PPLI, KHC, PVH |
| Q1 2025 | 43 | $1.9B | CNX, MAT, PPLI, ACI, FIS |
| Q4 2024 | 44 | $2.1B | CNX, MAT, AMG, FDX, PPLI |
| Q3 2024 | 44 | $2.2B | CNX, MAT, AMG, FIS, PPLI |
| Q2 2024 | 46 | $2.3B | CNX, FDX, MAT, AMG, FIS |
| Q1 2024 | 43 | $2.6B | CNX, MAT, FDX, AMG, PPLI |