Longleaf Partners International Fund’s Q1 2022 Investor Letter

Longleaf Partners Fund, a Memphis-based fund under Southeastern Asset Management, published its “Longleaf Partners International Fund” first quarter 2022 investor letter – a copy of which can be downloaded here. Longleaf Partners International Fund declined 12.04% in the first quarter, while the MSCI EAFE Index declined 5.91%. New investments have a high hurdle to qualify given our conviction in our current holdings and the steep discount of the portfolio. Try to take some time looking at the fund’s top 5 holdings to be informed about their best picks for 2022.