Longleaf Partners, managed by Southeastern Asset Management, released its “Small-Cap Fund” first quarter 2025 investor letter. A copy of the letter can be downloaded here. The fund returned 1.50% in the first quarter, compared to the Russell 3000’s -4.72% return and the Russell 2000's -9.48% decline. The portfolio performed well in a difficult quarter for small-cap stocks. For more information on the fund’s best picks in 2025, please check its top five holdings.
In its first-quarter 2025 investor letter, Longleaf Partners Small-Cap Fund highlighted stocks such as PotlatchDeltic...
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