# Mason Hawkins — Southeastern Asset Management

Portfolio USD 1,917,152,000 · 47 positions · 2026 Q2 · history from 2024 Q1.
Source: quarterly 13F filings via dataroma.com. Page: https://gigainvestors.com/SE

## Positions (2026 Q2)

| Ticker | Company | % of portfolio | Value | This quarter | Holders |
|---|---|---:|---:|---|---:|
| RYN | Rayonier Inc. | 11% | USD 201,976,000 | -11.81% |  |
| MAT | Mattel Inc. | 8.9% | USD 171,036,000 | -3.82% |  |
| CNX | CNX Resources Corp. | 8.3% | USD 158,218,000 | +16.17% |  |
| PPLI | People Inc. | 7.5% | USD 144,566,000 | -22.15% |  |
| ACI | Albertsons Co Inc. | 6.1% | USD 116,848,000 | +16.39% |  |
| REGN | Regeneron Pharmaceuticals | 5.0% | USD 94,979,000 | +16.58% |  |
| FBIN | Fortune Brands Innovations Inc. | 4.8% | USD 92,623,000 | -21.65% |  |
| KHC | Kraft Heinz Co. | 4.5% | USD 85,220,000 | -8.63% |  |
| ABT | Abbott Labs | 4.0% | USD 76,289,000 | new |  |
| FDX | FedEx Corp. | 3.2% | USD 61,007,000 | -21.28% |  |
| MGM | MGM Resorts International | 2.9% | USD 55,914,000 | -29.67% |  |
| ESRT | Empire State Realty Trust Inc. | 2.5% | USD 47,048,000 | +34.34% |  |
| AVTR | Avantor Inc. | 2.4% | USD 46,782,000 | +34.24% |  |
| PVH | PVH Corp. | 2.4% | USD 46,776,000 | -14.52% |  |
| GLIBK | GCI Liberty Inc. Series C | 2.2% | USD 41,728,000 | +46.5% |  |
| CNH | CNH Industrial NV | 2.1% | USD 39,510,000 | -5.34% |  |
| SHEN | Shenandoah Telecommunications Co. | 2.1% | USD 39,462,000 | -11% |  |
| WTM | White Mountains Insurance | 1.9% | USD 35,463,000 | -9.33% |  |
| GHC | Graham Holdings Co. | 1.7% | USD 33,280,000 | -22.79% |  |
| BATRK | Atlanta Braves Holdings Inc. Series C | 1.6% | USD 31,404,000 | -9.82% |  |
| TRIP | TripAdvisor Inc. | 1.6% | USD 30,964,000 | -50.88% |  |
| FIS | Fidelity National Information Services | 1.6% | USD 29,904,000 | -7.05% |  |
| ALX | Alexander's Inc. | 1.4% | USD 27,284,000 | hold |  |
| SAM | Boston Beer Company | 1.4% | USD 25,854,000 | +23.35% |  |
| CLW | Clearwater Paper Corp. | 1.3% | USD 24,141,000 | +0.92% |  |
| DOLE | Dole Food Company | 1.3% | USD 24,039,000 | -9.39% |  |
| TME | Tencent Music Entertainment Grp | 1.0% | USD 19,249,000 | new |  |
| EDU | New Oriental Education & Technology | 1.0% | USD 18,896,000 | -21.19% |  |
| KSPI | Jsc Kaspi.kz ADR | 1.0% | USD 18,454,000 | -11.48% |  |
| ACMR | ACM Research Inc. | 0.9% | USD 17,698,000 | -82.18% |  |
| MICC | Magnum Ice Cream Co NV | 0.9% | USD 17,437,000 | -38.16% |  |
| SN | Sharkninja Inc | 0.5% | USD 9,629,000 | -74.77% |  |
| HTHT | H World Group Ltd ADR | 0.5% | USD 8,581,000 | -11.1% |  |
| MLCO | Melco Resorts & Entertainment | 0.4% | USD 8,473,000 | -10.54% |  |
| AMG | Affiliated Managers Group | 0.1% | USD 1,882,000 | hold |  |
| CAH | Cardinal Health Inc. | 0.1% | USD 1,743,000 | hold |  |
| GLBAV-OLD | GCI Liberty Inc. Series A | 0.1% | USD 1,592,000 | -9.9% |  |
| LYV | Live Nation Inc. | 0.1% | USD 1,544,000 | hold |  |
| H | Hyatt Hotels Corp. | 0.1% | USD 1,499,000 | hold |  |
| HSIC | Henry Schein Inc. | 0.1% | USD 1,423,000 | hold |  |
| XPO | XPO Logistics | 0.1% | USD 1,301,000 | hold |  |
| MSGS | Madison Square Garden Sports Corp. | 0.1% | USD 1,293,000 | hold |  |
| RXO | Rxo Inc | 0.1% | USD 1,207,000 | hold |  |
| PYPL | PayPal Holdings Inc. | 0.1% | USD 970,000 | hold |  |
| ENOV | Enovis Corp. | 0.1% | USD 916,000 | hold |  |
| LAZ | Lazard Inc. | <0.1% | USD 780,000 | hold |  |
| HDB | HDFC Bank Ltd. | <0.1% | USD 270,000 | hold |  |

## Moves this quarter (38)

- RYN Rayonier Inc.: -11.81% (USD 201,976,000)
- MAT Mattel Inc.: -3.82% (USD 171,036,000)
- CNX CNX Resources Corp.: +16.17% (USD 158,218,000)
- PPLI People Inc.: -22.15% (USD 144,566,000)
- ACI Albertsons Co Inc.: +16.39% (USD 116,848,000)
- REGN Regeneron Pharmaceuticals: +16.58% (USD 94,979,000)
- FBIN Fortune Brands Innovations Inc.: -21.65% (USD 92,623,000)
- KHC Kraft Heinz Co.: -8.63% (USD 85,220,000)
- ABT Abbott Labs: new (USD 76,289,000)
- FDX FedEx Corp.: -21.28% (USD 61,007,000)
- MGM MGM Resorts International: -29.67% (USD 55,914,000)
- ESRT Empire State Realty Trust Inc.: +34.34% (USD 47,048,000)
- AVTR Avantor Inc.: +34.24% (USD 46,782,000)
- PVH PVH Corp.: -14.52% (USD 46,776,000)
- BIO Bio-Rad Laboratories Inc.: sold (USD 45,381,615)
- GLIBK GCI Liberty Inc. Series C: +46.5% (USD 41,728,000)
- CNH CNH Industrial NV: -5.34% (USD 39,510,000)
- SHEN Shenandoah Telecommunications Co.: -11% (USD 39,462,000)
- WTM White Mountains Insurance: -9.33% (USD 35,463,000)
- GHC Graham Holdings Co.: -22.79% (USD 33,280,000)
- BATRK Atlanta Braves Holdings Inc. Series C: -9.82% (USD 31,404,000)
- TRIP TripAdvisor Inc.: -50.88% (USD 30,964,000)
- FIS Fidelity National Information Services: -7.05% (USD 29,904,000)
- SAM Boston Beer Company: +23.35% (USD 25,854,000)
- CLW Clearwater Paper Corp.: +0.92% (USD 24,141,000)
- DOLE Dole Food Company: -9.39% (USD 24,039,000)
- TME Tencent Music Entertainment Grp: new (USD 19,249,000)
- EDU New Oriental Education & Technology: -21.19% (USD 18,896,000)
- KSPI Jsc Kaspi.kz ADR: -11.48% (USD 18,454,000)
- ACMR ACM Research Inc.: -82.18% (USD 17,698,000)
- MICC Magnum Ice Cream Co NV: -38.16% (USD 17,437,000)
- SN Sharkninja Inc: -74.77% (USD 9,629,000)
- HTHT H World Group Ltd ADR: -11.1% (USD 8,581,000)
- MLCO Melco Resorts & Entertainment: -10.54% (USD 8,473,000)
- GLBAV-OLD GCI Liberty Inc. Series A: -9.9% (USD 1,592,000)
- STZ Constellation Brands: sold (USD 549,004)
- CLVT Clarivate Plc: sold (USD 308,475)
- FISV Fiserv Inc.: sold (USD 223,001)

## Portfolio value by quarter

- 2024 Q1: USD 2,602,726,657 (43 positions)
- 2024 Q2: USD 2,294,595,418 (46 positions)
- 2024 Q3: USD 2,120,168,410 (44 positions)
- 2024 Q4: USD 2,117,777,655 (44 positions)
- 2025 Q1: USD 1,876,381,494 (43 positions)
- 2025 Q2: USD 1,983,245,975 (49 positions)
- 2025 Q3: USD 1,959,423,665 (49 positions)
- 2025 Q4: USD 2,245,171,976 (53 positions)
- 2026 Q1: USD 2,032,162,198 (49 positions)
- 2026 Q2: USD 1,917,152,000 (47 positions)