Longleaf Partners Global Fund’s Q2 2023 Investor Letter

Longleaf Partners, managed by Southeastern Asset Management, released its “Global Fund” second quarter 2023 investor letter. A copy of the same can be downloaded here. In the second quarter, the fund delivered a 3.21% return compared to the FTSE Developed Index’s 6.72% return. For the second half of the year, the fund delivered 18.53%. The portfolio’s lack of exposure to information technology and relative overexposure to consumer discretionary weighed on quarterly results. In addition, please check the fund’s top five holdings to know its best picks in 2023.