Southeastern Asset Management Inc/tn/ 13F annual report
Southeastern Asset Management Inc/tn/ is an investment fund managing more than $2.3 trillion ran by Andrew Mccarroll. There are currently 45 companies in Mr. Mccarroll’s portfolio. The largest investments include CNX Resources Corp and Fedex Corp, together worth $328 billion.
$2.3 trillion Assets Under Management (AUM)
As of 7th August 2024, Southeastern Asset Management Inc/tn/’s top holding is 7,204,242 shares of CNX Resources Corp currently worth over $175 billion and making up 7.6% of the portfolio value.
Relative to the number of outstanding shares of CNX Resources Corp, Southeastern Asset Management Inc/tn/ owns more than approximately 0.1% of the company.
In addition, the fund holds 510,233 shares of Fedex Corp worth $153 billion, whose value grew 19.5% in the past six months.
The third-largest holding is Mattel worth $133 billion and the next is Affiliated Managers worth $124 billion, with 795,249 shares owned.
Currently, Southeastern Asset Management Inc/tn/'s portfolio is worth at least $2.3 trillion. The total portfolio value may be much higher due to cash
assets that are not publicly disclosed such as fixed income, real estate, or cash equivalents.
Careers at Southeastern Asset Management Inc/tn/
The Southeastern Asset Management Inc/tn/ office and employees reside in Memphis, Tennessee. According to the last 13-F report filed with the SEC, Andrew Mccarroll serves as the General Counsel at Southeastern Asset Management Inc/tn/.
Recent trades
In the most recent 13F filing, Southeastern Asset Management Inc/tn/ revealed that it had opened a new position in
Liberty Media Corp Liberty Liv and bought 672,027 shares worth $25.6 billion.
The investment fund also strengthened its position in MGM Resorts International by buying
207,041 additional shares.
This makes their stake in MGM Resorts International total 2,232,958 shares worth $99.2 billion.
MGM Resorts International dropped 16.4% in the past year.
On the other hand, there are companies that Southeastern Asset Management Inc/tn/ is getting rid of from its portfolio.
Southeastern Asset Management Inc/tn/ closed its position in Liberty Broadband Corp on 14th August 2024.
It sold the previously owned 944,340 shares for $54 billion.
Andrew Mccarroll also disclosed a decreased stake in CNX Resources Corp by 0.2%.
This leaves the value of the investment at $175 billion and 7,204,242 shares.
One of the largest hedge funds
The two most similar investment funds to Southeastern Asset Management Inc/tn/ are Geowealth Management and La Financiere De L'echiquier. They manage $2.29 trillion and $2.29 trillion respectively.
Andrew Mccarroll investment strategy
Southeastern Asset Management Inc/tn/’s portfolio is diversified across 11 sectors.
Currently, their heaviest sector is Consumer Discretionary — making up 17.0% of
the total portfolio value.
The fund focuses on investments in the United States as
51.1% of the portfolio companies
are based in the United States.
The majority of the companies in the fund’s portfolio are large-cap stocks.
Stocks with a size of more than $10 billion in market cap make up
24% of the total holdings value.
On the other hand, small-cap stocks make up only approximately 0.1% of the portfolio.
The average market cap of the portfolio companies is close to $60.4 billion.
The complete list of Southeastern Asset Management Inc/tn/ trades based on 13F SEC filings
These positions were updated on August 14th based on the fund’s latest 13F filing. Quickly find out what the most recently closed or increased positions are.
| Security | Shares Owned | Value | Allocation |
|---|---|---|---|
| CNX Resources Corp |
20.43%
7,204,242
|
$175,063,081,000 | 7.63% |
| Fedex Corp |
5.90%
510,233
|
$152,988,263,000 | 6.67% |
| Mattel, Inc. |
3.89%
8,208,508
|
$133,470,339,000 | 5.81% |
| Affiliated Managers Group Inc. |
5.09%
795,249
|
$124,241,751,000 | 5.41% |
| Fidelity National Information |
5.76%
1,527,520
|
$115,113,908,000 | 5.02% |
| IAC Inc |
5.97%
2,434,682
|
$114,064,852,000 | 4.97% |
| Kellanova Co |
5.74%
1,969,069
|
$113,575,900,000 | 4.95% |
| MGM Resorts International |
10.22%
2,232,958
|
$99,232,653,000 | 4.32% |
| Bio-Rad Laboratories Inc. |
5.51%
325,013
|
$88,764,300,000 | 3.87% |
| Live Nation Entertainment Inc |
22.64%
902,463
|
$84,596,882,000 | 3.69% |
| Warner Bros.Discovery Inc |
6.54%
10,831,394
|
$80,585,572,000 | 3.51% |
| Cnh Industrial Nv - U.s. |
6.14%
7,026,818
|
$71,181,666,000 | 3.10% |
| Warner Music Group Corp. |
6.06%
2,168,568
|
$66,466,609,000 | 2.90% |
| Hyatt Hotels Corp. - Class A |
3.87%
425,190
|
$64,594,864,000 | 2.81% |
| Graham Holdings Co. |
6.22%
82,296
|
$57,570,166,000 | 2.51% |
| PVH Corp |
65.90%
522,158
|
$55,280,868,000 | 2.41% |
| RTX Corp |
32.26%
538,984
|
$54,108,604,000 | 2.36% |
| Westrock Coffee Company |
4.00%
5,286,671
|
$54,082,645,000 | 2.36% |
| Liberty Broadband Corp |
Closed
944,340
|
$54,044,578,000 | |
| PayPal Holdings Inc |
5.83%
842,463
|
$48,888,127,000 | 2.13% |
| Melco Resorts & Entertainment Ltd |
6,637.13%
6,081,603
|
$45,368,758,000 | 1.98% |
| Sharkninja Inc |
17.41%
597,173
|
$44,877,551,000 | 1.96% |
| White Mountains Insurance Grou |
13.30%
21,423
|
$38,935,231,000 | 1.70% |
| Atlanta Braves Holdings Inc Cl |
No change
983,262
|
$38,779,853,000 | 1.69% |
| Oscar Health, Inc. |
21.82%
2,401,192
|
$37,986,857,000 | 1.65% |
| H World Group Limited Adr |
7.54%
1,097,939
|
$36,583,327,000 | 1.59% |
| Park Hotels & Resorts Inc |
No change
2,428,008
|
$36,371,560,000 | 1.58% |
| PotlatchDeltic Corp |
No change
872,121
|
$34,352,846,000 | 1.50% |
| Boston Beer Co., Inc. |
No change
106,317
|
$32,432,001,000 | 1.41% |
| Fiserv, Inc. |
6.57%
211,917
|
$31,584,110,000 | 1.38% |
| Ingles Markets, Inc. |
No change
440,648
|
$30,232,859,000 | 1.32% |
| Empire State Realty Trust Inc |
11.47%
2,716,213
|
$25,478,078,000 | 1.11% |
| Liberty Media Corp Liberty Liv |
Opened
672,027
|
$25,627,359,000 | 1.12% |
| Howard Hughes Corporation |
Opened
319,813
|
$20,730,279,000 | 0.90% |
| Dole plc |
Opened
1,627,704
|
$19,923,097,000 | 0.87% |
| Anywhere Real Estate Inc |
0.16%
5,758,034
|
$19,059,093,000 | 0.83% |
| Douglas Emmett Inc |
Closed
1,331,344
|
$18,465,741,000 | |
| Hdfc Bank Ltd-adr |
1.05%
123,075
|
$7,917,415,000 | 0.34% |
| Ibotta Inc |
Opened
70,000
|
$5,261,200,000 | 0.23% |
| Cardinal Health, Inc. |
23.23%
17,581
|
$1,728,564,000 | 0.08% |
| Xpo Logistics Inc |
22.81%
15,980
|
$1,696,277,000 | 0.07% |
| Rxo Inc. |
23.43%
53,978
|
$1,411,525,000 | 0.06% |
| Ge Healthcare Holding Llc |
18.76%
15,627
|
$1,217,656,000 | 0.05% |
| Alphabet Inc |
23.17%
6,527
|
$1,197,182,000 | 0.05% |
| Enovis Corporation |
23.60%
22,786
|
$1,029,927,000 | 0.04% |
| Lazard Inc. |
22.87%
22,863
|
$872,909,000 | 0.04% |
| Madison Square Garden Sports C |
25.17%
4,028
|
$757,788,000 | 0.03% |
| No transactions found | |||
| Showing first 500 out of 47 holdings | |||
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