Longleaf Partners Fund’s Opinion on Park Hotels & Resorts and Mattel

Longleaf Partners Fund, a Memphis-based fund under Southeastern Asset Management, recently released its Q1 2020 Investor Letter – a copy of which can be downloaded here. Southeastern Asset Management was founded in 1975 by Mason Hawkins. Longleaf Partners Fund returned -28.87% in Q1 2020, while the S&P 500 returned -19.60%.

In the said letter, Mason Hawkins highlighted a few stocks and Park Hotels & Resorts Inc. (NYSE:PK) is one of them. Park Hotels & Resorts is a multinational...