Here’s Why Baidu Inc. (BIDU) Dominated Longleaf Partners’ Q1 2021 Returns

Longleaf Partners Fund, an investment management firm under Southeastern Asset Management, published its “Longleaf Partners International Fund” first quarter 2021 investor letter – a copy of which can be downloaded here. A return of 6.73% was delivered by the fund for the Q1 of 2021, outperforming its MSCI EAFE benchmark that had a 3.48% gain in the same period. You can view the fund’s top 5 holdings to have a peek at their top bets for 2021.

Longleaf Partners International Fund, in...