Mason Hawkins Southeastern Asset Management
Mason Hawkins co-founded Southeastern Asset Management, adviser to the Longleaf Partners funds, and is a leading figure in absolute-value investing. The firm is known for concentrated portfolios, appraised-value analysis, and a long-term partnership culture with portfolio companies. Hawkins’s process emphasizes free cash flow, management alignment, and buying at a discount to intrinsic value.
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
HF Sinclair
DINO
|
+$112M |
| 2 |
Kraft Heinz
KHC
|
+$92.9M |
| 3 |
Millicom
TIGO
|
+$63.2M |
| 4 |
Albertsons Companies
ACI
|
+$56.8M |
| 5 |
PPLI
People Inc
PPLI
|
+$23.6M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Live Nation Entertainment
LYV
|
+$109M |
| 2 |
CNX Resources
CNX
|
+$62.1M |
| 3 |
Warner Music
WMG
|
+$57.2M |
| 4 |
Warner Bros
WBD
|
+$55M |
| 5 |
Liberty Live Group Series C
LLYVK
|
+$25M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Consumer Discretionary | 20.69% |
| 2 | Consumer Staples | 13.95% |
| 3 | Industrials | 13.71% |
| 4 | Energy | 12.32% |
| 5 | Communication Services | 10.86% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
1
CNX Resources
CNX
$5.38B
| $165M | 7.77% |
4,487,144
-1,684,858
| -27% | -$62.1M |
|
2
Mattel
MAT
$4.15B
| $135M | 6.39% |
7,632,344
-357,980
| -4% | -$6.77M |
|
3
Affiliated Managers Group
AMG
$9.21B
| $130M | 6.13% |
702,487
-22,342
| -3% | -$4.17M |
|
4
FedEx
FDX
$76.9B
| $121M | 5.72% |
430,339
-14,523
| -3% | -$4.05M |
|
|
PPLI
5
People Inc
PPLI
$2.86B
| $119M | 5.6% |
3,354,615
+589,524
| +21% | +$23.6M |
|
6
Fidelity National Information Services
FIS
$21.3B
| $117M | 5.53% |
1,450,559
-47,245
| -3% | -$4.07M |
|
|
7
Albertsons Companies
ACI
$6.01B
| $113M | 5.35% |
5,766,719
+2,993,988
| +108% | +$56.8M |
|
8
Bio-Rad Laboratories Class A
BIO
$10.2B
| $101M | 4.78% |
308,469
-9,867
| -3% | -$3.35M |
|
|
9
HF Sinclair
DINO
$17.3B
| $96.3M | 4.55% |
+2,748,755
| New | +$112M |
|
|
10
Kraft Heinz
KHC
$30.3B
| $87.1M | 4.11% |
+2,835,548
| New | +$92.9M |
|
11
MGM Resorts International
MGM
$11B
| $83.5M | 3.94% |
2,409,147
+211,245
| +10% | +$7.98M |
|
12
Hyatt Hotels
H
$17B
| $61.9M | 2.92% |
394,588
-6,854
| -2% | -$1.06M |
|
13
RTX Corp
RTX
$283B
| $60.8M | 2.87% |
524,993
-13,784
| -3% | -$1.67M |
|
|
14
Millicom
TIGO
$15.7B
| $60.3M | 2.85% |
+2,411,257
| New | +$63.2M |
|
15
PVH
PVH
$3.62B
| $53.9M | 2.55% |
510,017
-12,427
| -2% | -$1.27M |
|
|
CNH
16
CNH Industrial
CNH
$19.1B
| $53.8M | 2.54% |
4,748,222
-177,681
| -4% | -$2.02M |
|
17
Graham Holdings Company
GHC
$4.94B
| $51.5M | 2.43% |
59,059
-13,747
| -19% | -$12M |
|
18
PayPal
PYPL
$52.7B
| $49.5M | 2.34% |
579,537
-263,361
| -31% | -$22.1M |
|
19
SharkNinja
SN
$25.5B
| $42.7M | 2.02% |
438,392
-143,016
| -25% | -$14.6M |
|
20
Oscar Health
OSCR
$9.89B
| $42.1M | 1.99% |
3,131,084
+1,073,359
| +52% | +$17.3M |
|
|
PCH
21
DELISTED
PotlatchDeltic
PCH
| $38.8M | 1.83% |
989,166
| – | – |
|
22
White Mountains Insurance
WTM
$5.04B
| $37.4M | 1.77% |
19,244
-1,494
| -7% | -$2.82M |
|
23
Atlanta Braves Holdings Series B
BATRK
$3.33B
| $32.6M | 1.54% |
851,017
| – | – |
|
24
Park Hotels & Resorts
PK
$3.18B
| $32.5M | 1.54% |
2,310,978
-69,921
| -3% | -$1.03M |
|
25
Boston Beer
SAM
$1.91B
| $31.9M | 1.51% |
106,317
| – | – |
|
Similar funds
Mason Hawkins's Q4 2024 Portfolio in Review
As of Q4 2024, Mason Hawkins held 48 positions worth $2.12B, down 0.09% from $2.12B the previous quarter. Its ten largest holdings account for 56% of the portfolio.
Mason Hawkins's Q4 2024 filing shows 3 new, 6 increased, 23 reduced and 4 closed positions. Its largest new stake was HF Sinclair: 2,748,755 shares worth $96.3M. The largest sale was Live Nation Entertainment, an estimated $109M.
By sector, the portfolio is most concentrated in Consumer Discretionary at 21% of assets, down from 24% a quarter earlier, followed by Consumer Staples and Industrials.
- Mason Hawkins's largest Q4 2024 buy was HF Sinclair: 2,748,755 shares worth $96.3M.
- Mason Hawkins added most to Albertsons Companies in Q4 2024, an estimated $56.8M increase.
- Mason Hawkins's biggest Q4 2024 reduction was Live Nation Entertainment, cutting an estimated $109M.
- Mason Hawkins fully exited Warner Music in Q4 2024, selling an estimated $57.2M.
- Mason Hawkins's ten largest holdings make up 56% of its $2.12B portfolio in Q4 2024.
- Mason Hawkins opened 3 new positions and closed 4 in Q4 2024.
- Mason Hawkins's portfolio value fell 0.09% quarter-over-quarter to $2.12B.
Based on Southeastern Asset Management's 13F filing for Q4 2024, filed 14 Feb 2025.