Southeastern Asset Management Inc.
In its 13F for Q2 2025 (holdings as of June 30, 2025, filed August 14, 2025), Southeastern Asset Management Inc. reported 49 stock positions worth $2.0 billion. Its top holding was CNX Resources (CNX) at 7.6% of the portfolio, followed by Mattel (MAT, 7.2%) and People (PPLI, 5.5%). Compared with Q1 2025, it opened 8 new positions, sold out of 2, added to 13 and reduced 21. The biggest buy was a new position in Fortune Brands Innovations I (FBIN) and the biggest sale Affiliated Managers (AMG, shares −99%).
- Most Recent 13F
- Q2 2026
- Location
- MEMPHIS, TN
- CIK
- 0000807985
- Portfolio Value
- $2.0B (Q2 2025)
- SEC Filing
- 0001398344-25-015655 ↗ filed Aug 14, 2025
Holdings Value
Holdings 49 stocks · $2.0B
| CNX CNX Resources Corp. | 7.58% | 4,462,756 | $150.3M | Reduce -6.8% |
| MAT Mattel Inc. | 7.18% | 7,220,265 | $142.4M | Add +5.6% |
| PPLI People Inc. filed as IAC INC | 5.52% | 2,930,980 | $109.4M | Add +19.4% |
| KHC The Kraft Heinz Co. | 4.78% | 3,674,261 | $94.9M | Add +49.2% |
| PVH PVH Corp. | 4.74% | 1,369,854 | $94.0M | Add +126.2% |
| FDX FedEx Corp. | 4.35% | 379,536 | $86.3M | Reduce -2.4% |
| REGN Regeneron Pharmaceuticals | 4.25% | 160,581 | $84.3M | Add +39.8% |
| FIS Fidelity National Info Serv | 3.90% | 949,257 | $77.3M | Reduce -26.9% |
| BIO Bio-Rad Laboratories-A | 3.84% | 315,285 | $76.1M | Reduce -2.6% |
| ACI Albertsons Cos Inc. Class A | 3.75% | 3,462,177 | $74.5M | Reduce -31.7% |
| DINO HF Sinclair Corp. | 3.63% | 1,751,822 | $72.0M | Reduce -34.4% |
| MGM MGM Resorts International | 3.08% | 1,775,104 | $61.0M | Reduce -8.0% |
| FBIN Fortune Brands Innovations I | 2.68% | 1,031,315 | $53.1M | New |
| SN Sharkninja Inc. | 2.65% | 531,660 | $52.6M | Reduce -2.5% |
| CNH CNH Industrial NV | 2.46% | 3,761,247 | $48.7M | Reduce -2.6% |
| MLCO Melco Resorts & Entert-ADR | 2.33% | 6,397,271 | $46.3M | Add +26.4% |
| H Hyatt Hotels Corp. Class A | 2.16% | 306,492 | $42.8M | Reduce -21.6% |
| PYPL PayPal Holdings Inc. | 2.12% | 565,860 | $42.1M | Reduce -0.9% |
| GHC Graham Holdings Co. Class B | 2.05% | 42,899 | $40.6M | Reduce -22.2% |
| TIGO Millicom Intl Cellular S.A. | 1.96% | 1,037,634 | $38.9M | Reduce -48.6% |
| WTM White Mountains Insurance GP | 1.91% | 21,094 | $37.9M | Add +14.1% |
| PCH Potlatchdeltic Corp. | 1.85% | 956,247 | $36.7M | Add +16.6% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 1.81% | 290,330 | $36.0M | New |
| DOLE Dole PLC | 1.73% | 2,449,144 | $34.3M | Add +4.1% |
| TRIP Tripadvisor Inc. | 1.70% | 2,590,948 | $33.8M | Add +49.9% |
| ANGI Angi Inc. | 1.59% | 2,067,648 | $31.6M | New |
| BATRK Atlanta Braves Holdings in-C | 1.58% | 671,014 | $31.4M | Reduce -21.1% |
| SHEN Shenandoah Telecommunication | 1.58% | 2,288,068 | $31.3M | Add +151.5% |
| ACMR Acm Research Inc. Class A | 1.55% | 1,185,744 | $30.7M | New |
| HTHT H World Group Ltd.-ADR | 1.53% | 896,756 | $30.4M | Reduce -0.9% |
| CLW Clearwater Paper Corp. | 1.29% | 937,921 | $25.5M | New |
| ESRT Empire State Realty Trust-A | 1.07% | 2,630,140 | $21.3M | Add +68.9% |
| SAM Boston Beer Company Inc. Class A | 1.02% | 106,317 | $20.3M | No change |
| OSCR Oscar Health Inc. Class A | 0.95% | 881,857 | $18.9M | Reduce -57.9% |
| KSPI JSC Kaspi.kz ADR filed as KASPI KZ JSC | 0.81% | 188,806 | $16.0M | New |
| WEST Westrock Coffee Co. | 0.77% | 2,670,176 | $15.3M | Reduce -45.3% |
| ALX Alexander's Inc. | 0.72% | 63,503 | $14.3M | New |
| PK Park Hotels & Resorts Inc. | 0.69% | 1,337,878 | $13.7M | Reduce -42.1% |
| HDB HDFC Bank Ltd.-ADR | 0.15% | 39,094 | $3.0M | Reduce -16.7% |
| LYV Live Nation Entertainment Inc. | 0.11% | 14,086 | $2.1M | No change |
| XPO Xpo Inc. | 0.10% | 15,980 | $2.0M | No change |
| CAH Cardinal Health Inc. | 0.09% | 10,644 | $1.8M | Reduce -39.5% |
| HSIC Henry Schein Inc. | 0.08% | 20,962 | $1.5M | Add +34.4% |
| AMG Affiliated Managers Group | 0.07% | 6,838 | $1.3M | Reduce -98.6% |
| ENOV Enovis Corp. | 0.06% | 36,583 | $1.1M | No change |
| ACH Accendra Health Inc. filed as OWENS & MINOR INC NEW | 0.06% | 125,400 | $1.1M | New |
| LAZ Lazard Inc. | 0.06% | 22,863 | $1.1M | No change |
| RXO Rxo Inc. | 0.04% | 53,978 | $849K | No change |
| MSGS Madison Square Garden Sports | 0.04% | 4,028 | $842K | No change |
Portfolio Sells Q1 2025 → Q2 2025
| AMG Affiliated Managers Group | Reduce -98.6% | 0.07% | −4.23 |
| ACI Albertsons Cos Inc. Class A | Reduce -31.7% | 3.75% | −2.19 |
| TIGO Millicom Intl Cellular S.A. | Reduce -48.6% | 1.96% | −1.30 |
| FIS Fidelity National Info Serv | Reduce -26.9% | 3.90% | −1.27 |
| WEST Westrock Coffee Co. | Reduce -45.3% | 0.77% | −1.11 |
| DINO HF Sinclair Corp. | Reduce -34.4% | 3.63% | −1.05 |
| HHH Howard Hughes Holdings Inc. | Sold out | 0.00% | −0.86 |
| GHC Graham Holdings Co. Class B | Reduce -22.2% | 2.05% | −0.78 |
| FDX FedEx Corp. | Reduce -2.4% | 4.35% | −0.70 |
| PK Park Hotels & Resorts Inc. | Reduce -42.1% | 0.69% | −0.63 |
| OSCR Oscar Health Inc. Class A | Reduce -57.9% | 0.95% | −0.51 |
| CNX CNX Resources Corp. | Reduce -6.8% | 7.58% | −0.45 |
| H Hyatt Hotels Corp. Class A | Reduce -21.6% | 2.16% | −0.40 |
| BIO Bio-Rad Laboratories-A | Reduce -2.6% | 3.84% | −0.37 |
| HTHT H World Group Ltd.-ADR | Reduce -0.9% | 1.53% | −0.25 |
| BATRK Atlanta Braves Holdings in-C | Reduce -21.1% | 1.58% | −0.23 |
| CNH CNH Industrial NV | Reduce -2.6% | 2.46% | −0.07 |
| GOOG Alphabet Inc. Class C | Sold out | 0.00% | −0.05 |
| CAH Cardinal Health Inc. | Reduce -39.5% | 0.09% | −0.04 |
| HDB HDFC Bank Ltd.-ADR | Reduce -16.7% | 0.15% | −0.02 |
| MGM MGM Resorts International | Reduce -8.0% | 3.08% | +0.03 |
| PYPL PayPal Holdings Inc. | Reduce -0.9% | 2.12% | +0.13 |
| SN Sharkninja Inc. | Reduce -2.5% | 2.65% | +0.23 |
Portfolio Buys Q1 2025 → Q2 2025
| FBIN Fortune Brands Innovations I | New | 2.68% | +2.68 |
| PVH PVH Corp. | Add +126.2% | 4.74% | +2.65 |
| DIS The Walt Disney Co. | New | 1.81% | +1.81 |
| ANGI Angi Inc. | New | 1.59% | +1.59 |
| ACMR Acm Research Inc. Class A | New | 1.55% | +1.55 |
| CLW Clearwater Paper Corp. | New | 1.29% | +1.29 |
| SHEN Shenandoah Telecommunication | Add +151.5% | 1.58% | +0.97 |
| MLCO Melco Resorts & Entert-ADR | Add +26.4% | 2.33% | +0.91 |
| KSPI JSC Kaspi.kz ADR | New | 0.81% | +0.81 |
| KHC The Kraft Heinz Co. | Add +49.2% | 4.78% | +0.79 |
| ALX Alexander's Inc. | New | 0.72% | +0.72 |
| ESRT Empire State Realty Trust-A | Add +68.9% | 1.07% | +0.42 |
| TRIP Tripadvisor Inc. | Add +49.9% | 1.70% | +0.40 |
| REGN Regeneron Pharmaceuticals | Add +39.8% | 4.25% | +0.37 |
| MAT Mattel Inc. | Add +5.6% | 7.18% | +0.10 |
| ACH Accendra Health Inc. | New | 0.06% | +0.06 |
| HSIC Henry Schein Inc. | Add +34.4% | 0.08% | +0.02 |
| WTM White Mountains Insurance GP | Add +14.1% | 1.91% | +0.01 |
| DOLE Dole PLC | Add +4.1% | 1.73% | −0.09 |
| PCH Potlatchdeltic Corp. | Add +16.6% | 1.85% | −0.12 |
| PPLI People Inc. | Add +19.4% | 5.52% | −0.50 |
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 |