Here’s Why Mattel (MAT) Detracted in the Third Quarter

Longleaf Partners, managed by Southeastern Asset Management, released its “Small-Cap Fund” third quarter 2022 investor letter. A copy of the same can be downloaded here. The fund declined 9.31% in the third quarter compared to a 2.19% decline for the Russell 2000. In addition, please check the fund’s top five holdings to know its best picks in 2022.

Longleaf Partners discussed the stocks like Mattel, Inc. (NASDAQ:MAT) in its Q3 2022 investor letter. Headquartered in El Segundo,...