Longleaf Partners Small-Cap Fund

Longleaf Partners Small-Cap Fund

Top Holdings at 6/30/17

Holding Country Industry Percent
Level 3 Communications United States Diversified Telecommunication Services 8.1
Graham Holdings United States Diversified Consumer Services 6.2
OCI Netherlands Chemicals 5.8
ViaSat United States Communications Equipment 5.5
Wynn Resorts United States Hotels, Restaurants & Leisure 5.1
Eastman Kodak United States Technology Hardware, Storage & Peripherals 5.0
Formula One Group United States Movies & Entertainment 4.9
Hopewell Hong Kong Real Estate Management & Development 4.8
CONSOL Energy United States Oil, Gas & Consumable Fuels 4.4
Sonic United States Hotels, Restaurants & Leisure 4.0
Total 53.8

Portfolio Composition at 6/30/17

 Equities & Other 69.4
 Bonds 3.0
 Cash 27.6
   
Total 100.0%

Sector Composition at 6/30/17

 Consumer Discretionary 26.6
 Information Technology 10.5
 Materials 9.0
 Telecommunication Services 8.1
 Real Estate 7.4
 Energy 4.7
 Industrials 3.4
 Financials 2.7
 Cash 27.6
   
Total 100.0%

Primary Contributors to Return

4/1/17 to 6/30/17
Holding Percent
Wynn Resorts 1.03
OCI 0.75
Formula One Group 0.47

Primary Detractors to Return

4/1/17 to 6/30/17
Holding Percent
CONSOL Energy -0.55
Scripps Networks -0.47
Eastman Kodak -0.27

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.