Southeastern Asset Management Inc.
In its 13F for Q4 2025 (holdings as of December 31, 2025, filed February 13, 2026), Southeastern Asset Management Inc. reported 53 stock positions worth $2.2 billion. Its top holding was CNX Resources (CNX) at 7.8% of the portfolio, followed by Mattel (MAT, 7.6%) and People (PPLI, 6.9%). Compared with Q3 2025, it opened 4 new positions, added to 19 and reduced 22. The biggest buy was People (PPLI, shares +44%) and the biggest sale PVH (PVH, shares −21%).
- Most Recent 13F
- Q2 2026
- Location
- MEMPHIS, TN
- CIK
- 0000807985
- Portfolio Value
- $2.2B (Q4 2025)
- SEC Filing
- 0001398344-26-003084 ↗ filed Feb 13, 2026
Holdings Value
Holdings 53 stocks · $2.2B
| CNX CNX Resources Corp. | 7.76% | 4,735,824 | $174.1M | Reduce -0.3% |
| MAT Mattel Inc. | 7.57% | 8,570,328 | $170.0M | Add +5.0% |
| PPLI People Inc. filed as IAC INC | 6.95% | 3,989,340 | $156.0M | Add +44.1% |
| REGN Regeneron Pharmaceuticals | 5.70% | 165,792 | $128.0M | Add +14.7% |
| PCH Potlatchdeltic Corp. | 5.60% | 3,162,963 | $125.8M | Add +48.4% |
| RYN Rayonier Inc. | 5.48% | 5,678,941 | $122.9M | Add +26.3% |
| KHC The Kraft Heinz Co. | 4.85% | 4,488,116 | $108.8M | Add +23.4% |
| ACI Albertsons Cos Inc. Class A | 4.72% | 6,166,712 | $105.9M | Add +24.7% |
| FDX FedEx Corp. | 4.62% | 359,122 | $103.7M | Reduce -4.1% |
| MGM MGM Resorts International | 3.30% | 2,033,369 | $74.2M | Add +16.3% |
| BIO Bio-Rad Laboratories-A | 3.07% | 227,630 | $69.0M | Reduce -4.1% |
| ACMR Acm Research Inc. Class A | 2.95% | 1,680,181 | $66.3M | Add +13.1% |
| WTM White Mountains Insurance GP | 2.93% | 31,652 | $65.8M | No change |
| FBIN Fortune Brands Innovations I | 2.62% | 1,178,103 | $58.9M | Add +16.0% |
| PVH PVH Corp. | 2.20% | 736,935 | $49.4M | Reduce -21.2% |
| GLIBK Liberty Capital Corp. Class C filed as GCI LIBERTY INC | 2.19% | 1,321,110 | $49.2M | Add +53.0% |
| FIS Fidelity National Info Serv | 1.84% | 622,149 | $41.3M | Reduce -0.6% |
| TRIP Tripadvisor Inc. | 1.84% | 2,838,257 | $41.3M | Add +21.0% |
| AVTR Avantor Inc. | 1.81% | 3,548,518 | $40.7M | Reduce -31.1% |
| GHC Graham Holdings Co. Class B | 1.75% | 35,721 | $39.2M | Add +1.0% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 1.61% | 317,175 | $36.1M | Add +10.9% |
| CNH CNH Industrial NV | 1.53% | 3,716,808 | $34.3M | No change |
| SHEN Shenandoah Telecommunication | 1.51% | 2,940,296 | $34.0M | Add +20.1% |
| SN Sharkninja Inc. | 1.44% | 289,266 | $32.4M | Reduce -43.0% |
| PYPL PayPal Holdings Inc. | 1.44% | 554,074 | $32.3M | Reduce -0.9% |
| DOLE Dole PLC | 1.29% | 1,933,708 | $29.0M | No change |
| SAM Boston Beer Company Inc. Class A | 1.29% | 147,997 | $28.9M | Add +35.5% |
| ALX Alexander's Inc. | 1.19% | 122,712 | $26.7M | No change |
| BATRK Atlanta Braves Holdings in-C | 1.18% | 671,014 | $26.5M | No change |
| ESRT Empire State Realty Trust-A | 1.08% | 3,704,236 | $24.2M | Add +40.8% |
| CLW Clearwater Paper Corp. | 1.07% | 1,380,930 | $24.0M | Add +47.2% |
| MICC The Magnum Ice Cream Co. NV | 1.01% | 1,430,351 | $22.7M | New |
| LPX Louisiana-Pacific Corp. | 0.98% | 272,123 | $22.0M | New |
| EDU New Oriental Educatio-SP ADR | 0.93% | 379,561 | $20.9M | New |
| KSPI JSC Kaspi.kz ADR filed as KASPI KZ JSC | 0.84% | 240,628 | $18.8M | Add +34.9% |
| MLCO Melco Resorts & Entert-ADR | 0.61% | 1,797,254 | $13.6M | Reduce -10.6% |
| HTHT H World Group Ltd.-ADR | 0.48% | 231,372 | $10.9M | Reduce -73.6% |
| GLIBA Liberty Capital Corp. filed as GCI LIBERTY INC | 0.13% | 80,675 | $3.0M | No change |
| CAH Cardinal Health Inc. | 0.08% | 8,649 | $1.8M | Reduce -18.7% |
| XPO Xpo Inc. | 0.08% | 13,012 | $1.8M | Reduce -18.6% |
| AMG Affiliated Managers Group | 0.07% | 5,562 | $1.6M | Reduce -18.7% |
| HSIC Henry Schein Inc. | 0.06% | 17,038 | $1.3M | Reduce -18.7% |
| H Hyatt Hotels Corp. Class A | 0.06% | 7,733 | $1.2M | Reduce -18.7% |
| LYV Live Nation Entertainment Inc. | 0.05% | 8,434 | $1.2M | Reduce -18.8% |
| ENOV Enovis Corp. | 0.05% | 44,258 | $1.2M | Reduce -18.7% |
| LAZ Lazard Inc. | 0.04% | 18,608 | $904K | Reduce -18.6% |
| MSGS Madison Square Garden Sports | 0.04% | 3,218 | $832K | Reduce -20.1% |
| RXO Rxo Inc. | 0.02% | 43,731 | $553K | Reduce -19.0% |
| ACH Accendra Health Inc. filed as OWENS & MINOR INC NEW | 0.02% | 181,735 | $509K | Reduce -18.7% |
| STZ Constellation Brands Inc. Class A | 0.02% | 3,661 | $505K | No change |
| CLVT Clarivate PLC | 0.02% | 121,927 | $407K | No change |
| HDB HDFC Bank Ltd.-ADR | 0.02% | 10,462 | $382K | Reduce -79.0% |
| FISV Fiserv Inc. | 0.01% | 3,990 | $268K | New |
Portfolio Sells Q3 2025 → Q4 2025
| PVH PVH Corp. | Reduce -21.2% | 2.20% | −1.80 |
| AVTR Avantor Inc. | Reduce -31.1% | 1.81% | −1.47 |
| HTHT H World Group Ltd.-ADR | Reduce -73.6% | 0.48% | −1.27 |
| SN Sharkninja Inc. | Reduce -43.0% | 1.44% | −1.23 |
| PYPL PayPal Holdings Inc. | Reduce -0.9% | 1.44% | −0.47 |
| MLCO Melco Resorts & Entert-ADR | Reduce -10.6% | 0.61% | −0.34 |
| BIO Bio-Rad Laboratories-A | Reduce -4.1% | 3.07% | −0.32 |
| FIS Fidelity National Info Serv | Reduce -0.6% | 1.84% | −0.27 |
| HDB HDFC Bank Ltd.-ADR | Reduce -79.0% | 0.02% | −0.07 |
| CNX CNX Resources Corp. | Reduce -0.3% | 7.76% | −0.04 |
| LYV Live Nation Entertainment Inc. | Reduce -18.8% | 0.05% | −0.03 |
| ACH Accendra Health Inc. | Reduce -18.7% | 0.02% | −0.03 |
| ENOV Enovis Corp. | Reduce -18.7% | 0.05% | −0.03 |
| XPO Xpo Inc. | Reduce -18.6% | 0.08% | −0.03 |
| LAZ Lazard Inc. | Reduce -18.6% | 0.04% | −0.02 |
| RXO Rxo Inc. | Reduce -19.0% | 0.02% | −0.02 |
| H Hyatt Hotels Corp. Class A | Reduce -18.7% | 0.06% | −0.01 |
| HSIC Henry Schein Inc. | Reduce -18.7% | 0.06% | −0.01 |
| AMG Affiliated Managers Group | Reduce -18.7% | 0.07% | −0.01 |
| MSGS Madison Square Garden Sports | Reduce -20.1% | 0.04% | −0.01 |
| CAH Cardinal Health Inc. | Reduce -18.7% | 0.08% | −0.01 |
| FDX FedEx Corp. | Reduce -4.1% | 4.62% | +0.11 |
Portfolio Buys Q3 2025 → Q4 2025
| PPLI People Inc. | Add +44.1% | 6.95% | +2.13 |
| REGN Regeneron Pharmaceuticals | Add +14.7% | 5.70% | +1.55 |
| PCH Potlatchdeltic Corp. | Add +48.4% | 5.60% | +1.17 |
| MICC The Magnum Ice Cream Co. NV | New | 1.01% | +1.01 |
| LPX Louisiana-Pacific Corp. | New | 0.98% | +0.98 |
| EDU New Oriental Educatio-SP ADR | New | 0.93% | +0.93 |
| MAT Mattel Inc. | Add +5.0% | 7.57% | +0.56 |
| GLIBK Liberty Capital Corp. Class C | Add +53.0% | 2.19% | +0.55 |
| ACI Albertsons Cos Inc. Class A | Add +24.7% | 4.72% | +0.30 |
| MGM MGM Resorts International | Add +16.3% | 3.30% | +0.21 |
| SAM Boston Beer Company Inc. Class A | Add +35.5% | 1.29% | +0.11 |
| KSPI JSC Kaspi.kz ADR | Add +34.9% | 0.84% | +0.09 |
| CLW Clearwater Paper Corp. | Add +47.2% | 1.07% | +0.08 |
| ESRT Empire State Realty Trust-A | Add +40.8% | 1.08% | +0.05 |
| KHC The Kraft Heinz Co. | Add +23.4% | 4.85% | +0.01 |
| FISV Fiserv Inc. | New | 0.01% | +0.01 |
| ACMR Acm Research Inc. Class A | Add +13.1% | 2.95% | −0.01 |
| DIS The Walt Disney Co. | Add +10.9% | 1.61% | −0.06 |
| TRIP Tripadvisor Inc. | Add +21.0% | 1.84% | −0.11 |
| FBIN Fortune Brands Innovations I | Add +16.0% | 2.62% | −0.14 |
| SHEN Shenandoah Telecommunication | Add +20.1% | 1.51% | −0.16 |
| GHC Graham Holdings Co. Class B | Add +1.0% | 1.75% | −0.38 |
| RYN Rayonier Inc. | Add +26.3% | 5.48% | −0.62 |
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 |