Mason Hawkins
Deep ValueSoutheastern Asset Management
Deep value investor running Longleaf Partners funds with a margin-of-safety approach.
Portfolio Value
$2.2B
Holdings
53
Top 10 Concentration
56.5%
Latest Period
Q4 2025
Portfolio Holdings
As reported on February 13, 2026 · vs Q3 2025
| # | Security | Value | Shares | % Portfolio | Change |
|---|---|---|---|---|---|
| 1 | CNX RES CORP CUSIP: 12653C108 | $174.1M | 4,735,824 | 7.8% | -0.4% |
| 2 | MATTEL INC CUSIP: 577081102 | $170.0M | 8,570,328 | 7.6% | +5.0% |
| 3 | IAC INC CUSIP: 44891N208 | $156.0M | 3,989,340 | 6.9% | +44.1% |
| 4 | REGENERON PHARMACEUTICALS CUSIP: 75886F107 | $128.0M | 165,792 | 5.7% | +14.7% |
| 5 | POTLATCHDELTIC CORPORATION CUSIP: 737630103 | $125.8M | 3,162,963 | 5.6% | +48.4% |
| 6 | RAYONIER INC CUSIP: 754907103 | $122.9M | 5,678,941 | 5.5% | +26.3% |
| 7 | KRAFT HEINZ CO CUSIP: 500754106 | $108.8M | 4,488,116 | 4.8% | +23.4% |
| 8 | ALBERTSONS COS INC CUSIP: 013091103 | $105.9M | 6,166,712 | 4.7% | +24.7% |
| 9 | FEDEX CORP CUSIP: 31428X106 | $103.7M | 359,122 | 4.6% | -4.1% |
| 10 | MGM RESORTS INTERNATIONAL CUSIP: 552953101 | $74.2M | 2,033,369 | 3.3% | +16.3% |
| 11 | BIO RAD LABS INC CUSIP: 090572207 | $69.0M | 227,630 | 3.1% | -4.1% |
| 12 | ACM RESH INC CUSIP: 00108J109 | $66.3M | 1,680,181 | 3.0% | +13.1% |
| 13 | WHITE MTNS INS GROUP LTD CUSIP: G9618E107 | $65.8M | 31,652 | 2.9% | 0.0% |
| 14 | FORTUNE BRANDS INNOVATIONS I CUSIP: 34964C106 | $58.9M | 1,178,103 | 2.6% | +16.0% |
| 15 | PVH CORPORATION CUSIP: 693656100 | $49.4M | 736,935 | 2.2% | -21.2% |
| 16 | GCI LIBERTY INC CUSIP: 36164V800 | $49.2M | 1,321,110 | 2.2% | +53.0% |
| 17 | FIDELITY NATL INFORMATION SV CUSIP: 31620M106 | $41.3M | 622,149 | 1.8% | -0.6% |
| 18 | TRIPADVISOR INC CUSIP: 896945201 | $41.3M | 2,838,257 | 1.8% | +21.0% |
| 19 | AVANTOR INC CUSIP: 05352A100 | $40.7M | 3,548,518 | 1.8% | -31.1% |
| 20 | GRAHAM HLDGS CO CUSIP: 384637104 | $39.2M | 35,721 | 1.7% | +1.0% |
| 21 | DISNEY WALT CO CUSIP: 254687106 | $36.1M | 317,175 | 1.6% | +11.0% |
| 22 | CNH INDL N V CUSIP: N20944109 | $34.3M | 3,716,808 | 1.5% | 0.0% |
| 23 | SHENANDOAH TELECOMMUNICATION CUSIP: 82312B106 | $34.0M | 2,940,296 | 1.5% | +20.1% |
| 24 | SHARKNINJA INC CUSIP: G8068L108 | $32.4M | 289,266 | 1.4% | -43.0% |
| 25 | PAYPAL HLDGS INC CUSIP: 70450Y103 | $32.3M | 554,074 | 1.4% | -0.9% |
| 26 | DOLE PLC CUSIP: G27907107 | $29.0M | 1,933,708 | 1.3% | 0.0% |
| 27 | BOSTON BEER INC CUSIP: 100557107 | $28.9M | 147,997 | 1.3% | +35.5% |
| 28 | ALEXANDERS INC CUSIP: 014752109 | $26.7M | 122,712 | 1.2% | 0.0% |
| 29 | ATLANTA BRAVES HLDGS INC CUSIP: 047726302 | $26.5M | 671,014 | 1.2% | 0.0% |
| 30 | EMPIRE ST RLTY TR INC CUSIP: 292104106 | $24.2M | 3,704,236 | 1.1% | +40.8% |
| 31 | CLEARWATER PAPER CORP CUSIP: 18538R103 | $24.0M | 1,380,930 | 1.1% | +47.2% |
| 32 | MAGNUM ICE CREAM CO NV NEWCUSIP: N5505D105 | $22.7M | 1,430,351 | 1.0% | NEW |
| 33 | LOUISIANA PAC CORP NEWCUSIP: 546347105 | $22.0M | 272,123 | 1.0% | NEW |
| 34 | NEW ORIENTAL ED & TECHNOLOGY NEWCUSIP: 647581206 | $20.9M | 379,561 | 0.9% | NEW |
| 35 | KASPI KZ JSC CUSIP: 48581R205 | $18.8M | 240,628 | 0.8% | +34.8% |
| 36 | MELCO RESORTS AND ENTMNT LTD CUSIP: 585464100 | $13.6M | 1,797,254 | 0.6% | -10.6% |
| 37 | H WORLD GROUP LTD CUSIP: 44332N106 | $10.9M | 231,372 | 0.5% | -73.6% |
| 38 | GCI LIBERTY INC CUSIP: 36164V602 | $3.0M | 80,675 | 0.1% | 0.0% |
| 39 | CARDINAL HEALTH INC CUSIP: 14149Y108 | $1.8M | 8,649 | 0.1% | -18.7% |
| 40 | XPO INC CUSIP: 983793100 | $1.8M | 13,012 | 0.1% | -18.6% |
| 41 | AFFILIATED MANAGERS GROUP IN CUSIP: 008252108 | $1.6M | 5,562 | 0.1% | -18.7% |
| 42 | HENRY SCHEIN INC CUSIP: 806407102 | $1.3M | 17,038 | 0.1% | -18.7% |
| 43 | HYATT HOTELS CORP CUSIP: 448579102 | $1.2M | 7,733 | 0.1% | -18.7% |
| 44 | LIVE NATION ENTERTAINMENT IN CUSIP: 538034109 | $1.2M | 8,434 | 0.1% | -18.7% |
| 45 | ENOVIS CORPORATION CUSIP: 194014502 | $1.2M | 44,258 | 0.1% | -18.7% |
| 46 | LAZARD INC CUSIP: 52110M109 | $903.6K | 18,608 | 0.0% | -18.6% |
| 47 | MADISON SQUARE GRDN SPRT COR CUSIP: 55825T103 | $832.3K | 3,218 | 0.0% | -20.1% |
| 48 | RXO INC CUSIP: 74982T103 | $552.8K | 43,731 | 0.0% | -19.0% |
| 49 | OWENS & MINOR INC NEW CUSIP: 690732102 | $508.9K | 181,735 | 0.0% | -18.7% |
| 50 | CONSTELLATION BRANDS INC CUSIP: 21036P108 | $505.1K | 3,661 | 0.0% | 0.0% |