Longleaf Partners International Fund Portfolio | Longleaf Partners Funds

Longleaf Partners International Fund

Longleaf Partners International Fund

Top Holdings at 12/31/18

Holding Country Industry Percent
EXOR Netherlands Diversified Financial Services 7.8
Melco International Hong Kong Hotels, Restaurants & Leisure 7.2
CK Hutchison Hong Kong Industrial Conglomerates 6.9
LafargeHolcim Switzerland Construction Materials 6.2
MinebeaMitsumi Japan Machinery 6.1
Millicom Sweden Wireless Telecommunication Services 5.8
Vestas Wind Systems Denmark Electrical Equipment 5.7
Belmond United Kingdom Hotels, Restaurants & Leisure 4.9
Bolloré France Air Freight & Logistics 4.8
CK Asset Holdings Hong Kong Real Estate Management & Development 4.8
Total 60.2

Portfolio Composition at 12/31/18

 Equities & Other 95.3
 Bonds 0.0
 Cash 4.7
Total 100.0%

Sector Composition at 12/31/18

 Industrials 23.5
 Consumer Discretionary 17.8
 Communication Services 12.5
 Materials 12.5
 Financials 12.0
 Real Estate 9.3
 Consumer Staples 7.7
 Cash 4.7
Total 100.0%

Country Composition at 12/31/18

 Hong Kong 23.4
 Netherlands 11.9
 Switzerland 8.2
 China 7.5
 Japan 6.1
 Sweden 5.8
 Denmark 5.7
 United Kingdom 4.9
 France 4.8
 Canada 4.2
 Ireland 4.0
 Mexico 3.7
 India 2.9
 Germany 2.2
 Cash 4.7
Total 100.0%

Primary Contributors to Return

10/1/18 to 12/31/18
Holding Percent
Belmond 2.22
Millicom 0.63
Vestas Wind Systems 0.62

Primary Detractors to Return

10/1/18 to 12/31/18
Holding Percent
OCI -2.41
thyssenkrupp -1.62
EXOR -1.60

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.