Mason Hawkins‘ Southeastern Asset Management revealed its holdings in a regulatory filing. The investment manager has a 13F portfolio of $15.93 billion as of the reporting period. The fund’s 13F portfolio is mainly focused on finance, energy and consumer discretionary companies. Hawkins has maintained his top positions in Level 3 Communications, Inc. (NYSE:LVLT), Loews Corporation (NYSE:L), CONSOL Energy Inc. (NYSE:CNX), McDonald’s Corporation (NYSE:MCD) and Chesapeake Energy Corporation (NYSE:CHK) with slight changes over the first quarter. Before launching his investment firm in 1975, Hawkins worked as a director of research at Atlantic National Bank and First Tennessee Investment Management between 1971 and 1975. Southeastern Asset Management is an employee-owned investment management firm and it manages funds of Longleaf Partners. Assets under management of Southeastern Asset Management was $34.5 billion in which $17.4 billion invested in US Large Cap Equities, $4.5 billion invested in US Small Cap Equities, $10.3 billion invested in Global Equities and $2.3 billion invested in Non-US Equities as of June 30, 2014. Mason Hawkins’ Southeastern Asset Management recently has filed its 13F with the SEC for the reporting period of March 31.
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Coming back to Southeastern Asset Management’s top stock picks in its 13F portfolio, the top spot was occupied by Level 3 Communications, Inc. (NYSE:LVLT) with the fund owning 45.24 million shares valued at $2.44 billion constituting 15.29% of the total 13F portfolio of the fund. Hawkins has reduced the position in the company by 9.50 million shares during the first quarter. Level 3 Communications, Inc. (NYSE:LVLT) is a $19.67 billion integrated telecommunications services provider.