Southeastern Asset Management, Inc.

Overview

Southeastern Asset Management, Inc. is an independent, employee-owned investment management firm founded in 1975, specializing in value-oriented equity strategies. The firm manages assets across various mandates, including U.S. Large Cap, U.S. Small Cap, Non-U.S., and Global portfolios. As of November 2022, Southeastern had approximately $6.9 billion in assets under management. The firm's investment approach is characterized by a long-term, concentrated, and engaged value strategy. Southeastern focuses on investing in high-quality businesses with capable management teams, trading at discounted prices. The firm typically holds a concentrated portfolio of 15-25 securities, with a three-to-five-year investment horizon, aiming to minimize the risk of permanent capital loss while seeking strong absolute returns. Southeastern Asset Management is the investment advisor to the Longleaf Partners Funds, a suite of mutual funds and UCITS funds. The firm has a global presence with offices in Memphis, Tennessee; London, England; Singapore; and Sydney, Australia. Its client base includes institutional investors, such as charities, pensions, and endowments, as well as individual investors through the Longleaf Partners Funds. The firm's leadership includes founder and chairman O. Mason Hawkins, CEO Ross Glotzbach, and Chief Investment Officer G. Staley Cates, who have been instrumental in shaping the firm's investment philosophy and success over the decades.