2024-04-24 09:05:00 ET
Summary
- Longleaf Partners Funds is a suite of mutual funds and UCITS funds that Southeastern Asset Management, the investment advisor to the Longleaf Partners Funds, created in 1987 as a way for Southeastern employees to invest alongside their clients.
- Longleaf Partners Global Fund returned 8.39% in the first quarter compared to the FTSE Developed index’s return of 8.63%.
- Our non-US companies contributed to portfolio returns through strong operational and financial results rather than any strong macro trends.
- We initiated two new positions in the quarter and added to six positions.
Fund Characteristics
P/V Ratio | Mid-60s% |
Cash | 5.8% |
# of Holdings | 22 |
All data as of March 31, 2024
Annualized Total Return | ||||||
1Q | 1 Year | 3 Year | 5 Year | 10 Year | Since Inception | |
(%) | (%) | (%) | (%) | (%) | (%) | |
Global Fund | 8.39 | 15.60 | -1.26 | 3.82 | 3.18 | 5.38 |
FTSE Developed | 8.63 | 24.77 | 8.16 | 11.82 | 9.24 | 10.55 |
FTSE Developed Value | 6.75 | 17.27 | 6.08 | 7.64 | 6.35 | 7.92 |
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For further details see:
Longleaf Partners Global Fund Q1 2024 Commentary