Longleaf Partners International Fund

Longleaf Partners International Fund

Top Holdings at 6/30/18

Holding Country Industry Percent
EXOR Netherlands Diversified Financial Services 8.3
OCI Netherlands Chemicals 7.0
CK Hutchison Hong Kong Industrial Conglomerates 7.0
LafargeHolcim Switzerland Construction Materials 6.7
Hikma Pharmaceuticals United Kingdom Pharmaceuticals 5.5
CK Asset Holdings Hong Kong Real Estate Management & Development 5.1
Ferrovial Spain Construction & Engineering 4.9
Baidu China Internet Software & Services 4.9
Fairfax Financial Canada Insurance 4.8
Belmond United Kingdom Hotels, Restaurants & Leisure 4.7
Total 58.9

Portfolio Composition at 6/30/18

 Equities & Other 97.2
 Bonds 0.0
 Cash 2.8
   
Total 100.0%

Sector Composition at 6/30/18

 Industrials 20.6
 Materials 17.5
 Financials 13.1
 Consumer Discretionary 12.0
 Real Estate 9.8
 Consumer Staples 7.1
 Telecommunication Services 6.7
 Health Care 5.5
 Information Technology 4.9
 Cash 2.8
   
Total 100.0%

Country Composition at 6/30/18

 Hong Kong 21.5
 Netherlands 15.3
 United Kingdom 10.2
 Japan 7.3
 Switzerland 6.7
 Spain 4.9
 China 4.9
 Canada 4.8
 Denmark 4.3
 Ireland 4.2
 Germany 3.8
 Sweden 3.5
 India 3.2
 Mexico 2.4
 Malaysia 0.2
 Cash 2.8
   
Total 100.0%

Primary Contributors to Return

4/1/18 to 6/30/18
Holding Percent
Hikma Pharmaceuticals 1.07
OCI 0.87
C&C Group 0.67

Primary Detractors to Return

4/1/18 to 6/30/18
Holding Percent
MinebeaMitsumi -0.80
CK Hutchison -0.66
LafargeHolcim -0.56

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.