Longleaf Small-Cap Fund Q2 2026 Portfolio Review

The Longleaf Partners Funds has been a leader in value equity investing for over four decades. Southeastern Asset Management created the Longleaf Partners Funds in 1987, as a way for its employees to invest alongside clients, and today Southeastern employees and related entities are the largest collective investor across Funds advised by Southeastern.

Notable Contributors & Detractors Tripadvisor (TRIP) – Digital experiences, dining and travel company Tripadvisor contributed in the quarter. As mentioned above, the main news in the This article was written by The Longleaf Partners Funds.

Alcoholic beverage company Boston Beer was a detractor for the quarter as the market continues to react to mixed short-term industry data. We did not have any new purchases or exits in the portfolio during the quarter.