Longleaf Partners Global Fund

Longleaf Partners Global Fund

Top Holdings at 3/31/18

Holding Country Industry Percent
CenturyLink United States Diversified Telecommunication Services 7.7
EXOR Netherlands Diversified Financial Services 7.3
Allergan United States Pharmaceuticals 5.6
FedEx United States Air Freight & Logistics 5.6
Fairfax Financial Canada Insurance 5.3
LafargeHolcim Switzerland Construction Materials 5.2
CK Hutchison Hong Kong Industrial Conglomerates 5.1
Ferrovial Spain Construction & Engineering 4.8
Comcast United States Media 4.6
General Electric United States Industrial Conglomerates 4.6
Total 55.8

Portfolio Composition at 3/31/18

 Equities & Other 92.0
 Bonds 0.0
 Cash 8.0
Total 100.0%

Sector Composition at 3/31/18

 Industrials 31.7
 Financials 12.6
 Materials 9.7
 Consumer Discretionary 9.3
 Telecommunication Services 7.7
 Real Estate 6.3
 Health Care 5.6
 Energy 4.9
 Information Technology 4.2
 Cash 8.0
Total 100.0%

Country Composition at 3/31/18

 United States 41.2
 Hong Kong 15.4
 Netherlands 15.3
 Canada 5.3
 Switzerland 5.2
 Spain 4.8
 Denmark 4.1
 Malaysia 0.7
 Cash 8.0
Total 100.0%

Primary Contributors to Return

1/1/18 to 3/31/18
Holding Percent
EXOR 0.75
Wynn Resorts 0.33
Allergan 0.31

Primary Detractors to Return

1/1/18 to 3/31/18
Holding Percent
General Electric -0.67
OCI -0.39
CNH Industrial -0.30

View current month-end performance Returns reflect reinvested capital gains and dividends but not the deduction of taxes an investor would pay on distributions or share redemptions. The performance data quoted represents past performance and is no guarantee of future results. The return and principal value of an investment will fluctuate so that an investor's shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the past performance quoted.

Before investing in any Longleaf Partners fund, you should carefully consider the Fund’s investment objectives, risks, charges, and expenses. The Prospectus and Summary Prospectus contain this and other important information. Please read the Prospectus and Summary Prospectus carefully before investing.

The above holdings do not represent all of the securities purchased, sold, or recommended for the Fund. Discussion of particular investments is not a recommendation to buy or sell any security and holdings are subject to change.

The information above contains links to sites not controlled or maintained by Longleaf or Southeastern. The links do not imply any endorsement or verification of the information on those websites.