Longleaf Partners, managed by Southeastern Asset Management, released its “Small-Cap Fund” first quarter 2025 investor letter. 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.
A copy of Longleaf Partners Small-Cap Fund’s Q1 2025 investor letter can be downloaded here.Create a free account, or log in to read the full article
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