Latest news with #SoutheasternAssetManagement
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5 days ago
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- Yahoo
The Kraft Heinz Company (KHC) Fell Due to Sluggish Food and Beverage Industry
Longleaf Partners, managed by Southeastern Asset Management, released its 'Partners Fund' second-quarter 2025 investor letter. A copy of the letter can be downloaded here. The fund returned 5.33% in the second quarter, compared to the S&P 500's 10.94% return and the Russell 1000 Value's 3.79% return. The firm's stock price performance was volatile, but its confidence in future returns grew as the quarter progressed. Since markets have recovered and portfolio holdings remain high-quality and discounted, the firm believes maintaining its current cautious stance, as reflected in the recent strong results during turbulent times, is prudent, despite not fully matching recent market highs. For more information on the fund's best picks in 2025, please check its top five holdings. In its second quarter 2025 investor letter, Longleaf Partners Fund highlighted stocks such as The Kraft Heinz Company (NASDAQ:KHC). The Kraft Heinz Company (NASDAQ:KHC) manufactures and markets food and beverage products. The one-month return of The Kraft Heinz Company (NASDAQ:KHC) was 12.48%, and its shares lost 12.44% of their value over the last 52 weeks. On July 23, 2025, The Kraft Heinz Company (NASDAQ:KHC) stock closed at $28.94 per share, with a market capitalization of $34.252 billion. Longleaf Partners Fund stated the following regarding The Kraft Heinz Company (NASDAQ:KHC) in its second quarter 2025 investor letter: "The Kraft Heinz Company (NASDAQ:KHC) – Global food and beverage producer Kraft Heinz was a detractor for the quarter. Despite a sluggish food and beverage industry, the company's performance is underpinned by a quality mix shift towards premium offerings like Heinz, Philadelphia and Ore-Ida, among other power brands, that we believe the market is overlooking. There is also speculation that large shareholder Berkshire Hathway is considering decreasing its position, although we believe this situation is more nuanced. Further upside could materialize from the outcome of an ongoing strategic alternatives exploration." A closeup of an assembly line worker inspecting a newly produced jar of condiments and sauces. The Kraft Heinz Company (NASDAQ:KHC) is not on our list of 30 Most Popular Stocks Among Hedge Funds. As per our database, 46 hedge fund portfolios held The Kraft Heinz Company (NASDAQ:KHC) at the end of the first quarter, which was 43 in the previous quarter. While we acknowledge the potential of The Kraft Heinz Company (NASDAQ:KHC) as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. In another article, we covered The Kraft Heinz Company (NASDAQ:KHC) and shared the list of best alternative meat stocks to invest in according to analysts. In addition, please check out our hedge fund investor letters Q2 2025 page for more investor letters from hedge funds and other leading investors. READ NEXT: The Best and Worst Dow Stocks for the Next 12 Months and 10 Unstoppable Stocks That Could Double Your Money. Disclosure: None. This article is originally published at Insider Monkey.
Yahoo
5 days ago
- Business
- Yahoo
Market Begins to Favor MGM Resorts International (MGM) Due to Continued Strong Performance
Longleaf Partners, managed by Southeastern Asset Management, released its 'Partners Fund' second-quarter 2025 investor letter. A copy of the letter can be downloaded here. The fund returned 5.33% in the second quarter, compared to the S&P 500's 10.94% return and the Russell 1000 Value's 3.79% return. The firm's stock price performance was volatile, but its confidence in future returns grew as the quarter progressed. Since markets have recovered and portfolio holdings remain high-quality and discounted, the firm believes maintaining its current cautious stance, as reflected in the recent strong results during turbulent times, is prudent, despite not fully matching recent market highs. For more information on the fund's best picks in 2025, please check its top five holdings. In its second quarter 2025 investor letter, Longleaf Partners Fund highlighted stocks such as MGM Resorts International (NYSE:MGM). MGM Resorts International (NYSE:MGM) is a gaming and entertainment company that owns and operates casino, hotel, and entertainment resorts. The one-month return of MGM Resorts International (NYSE:MGM) was 13.44%, and its shares lost 7.50% of their value over the last 52 weeks. On July 23, 2025, MGM Resorts International (NYSE:MGM) stock closed at $38.33 per share, with a market capitalization of $10.431 billion. Longleaf Partners Fund stated the following regarding MGM Resorts International (NYSE:MGM) in its second quarter 2025 investor letter: "MGM Resorts International (NYSE:MGM) – Hospitality and gaming company MGM Resorts was a contributor. The company continues to report strong quarterly results. This was recognized by the market this quarter, compared to other quarters when results went unappreciated. MGM is also one of our larger share repurchasers in the portfolio, with further simplification and value realization anticipated. We are confident that recession fears are overstated by the market as it overweights the anomaly of the 2008 financial crisis, especially considering MGM is in a better financial position today." Aerial shot of an entertainment resort, its buildings and gaming amenities sprawling along the seafront. MGM Resorts International (NYSE:MGM) is not on our list of 30 Most Popular Stocks Among Hedge Funds. As per our database, 52 hedge fund portfolios held MGM Resorts International (NYSE:MGM) at the end of the first quarter, which was 47 in the previous quarter. While we acknowledge the potential of MGM Resorts International (NYSE:MGM) as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. In another article, we covered MGM Resorts International (NYSE:MGM) and shared the list of best S&P 500 stocks with huge upside potential. In addition, please check out our hedge fund investor letters Q2 2025 page for more investor letters from hedge funds and other leading investors. READ NEXT: The Best and Worst Dow Stocks for the Next 12 Months and 10 Unstoppable Stocks That Could Double Your Money. Disclosure: None. This article is originally published at Insider Monkey. Error while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data
Yahoo
5 days ago
- Business
- Yahoo
Here's Why FedEx Corporation (FDX) Fell in Q2
Longleaf Partners, managed by Southeastern Asset Management, released its 'Partners Fund' second-quarter 2025 investor letter. A copy of the letter can be downloaded here. The fund returned 5.33% in the second quarter, compared to the S&P 500's 10.94% return and the Russell 1000 Value's 3.79% return. The firm's stock price performance was volatile, but its confidence in future returns grew as the quarter progressed. Since markets have recovered and portfolio holdings remain high-quality and discounted, the firm believes maintaining its current cautious stance, as reflected in the recent strong results during turbulent times, is prudent, despite not fully matching recent market highs. For more information on the fund's best picks in 2025, please check its top five holdings. In its second quarter 2025 investor letter, Longleaf Partners Fund highlighted stocks such as FedEx Corporation (NYSE:FDX). Founded in 1971, FedEx Corporation (NYSE:FDX) provides transportation, e-commerce, and business services. The one-month return of FedEx Corporation (NYSE:FDX) was 7.61%, and its shares lost 20.33% of their value over the last 52 weeks. On July 23, 2025, FedEx Corporation (NYSE:FDX) stock closed at $237.90 per share, with a market capitalization of $56.12 billion. Longleaf Partners Fund stated the following regarding FedEx Corporation (NYSE:FDX) in its second quarter 2025 investor letter: "FedEx Corporation (NYSE:FDX) – Global logistics company FedEx was a detractor for the quarter. Despite macro headwinds like continued tariff threats and weak demand for higher value shipping, the company demonstrated resilience. The impending Express and Freight separation is expected to unlock value by providing greater flexibility and accountability, addressing the market's undervaluation of Freight vs. peers and increasing capital discipline at Express. We were deeply saddened by the passing of Founder and Chairman Fred Smith. A legendary figure, he built FedEx into an industry giant through visionary leadership and brilliant strategic decisions. Beyond his immense business success, his quiet generosity and kindness, both globally and in our Memphis community, truly set him apart." A driver unloading packages from a van for a time-critical delivery. FedEx Corporation (NYSE:FDX) is not on our list of 30 Most Popular Stocks Among Hedge Funds. As per our database, 62 hedge fund portfolios held FedEx Corporation (NYSE:FDX) at the end of the first quarter, which was 66 in the previous quarter. While we acknowledge the potential of FedEx Corporation (NYSE:FDX) as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. In another article, we covered FedEx Corporation (NYSE:FDX) and shared the list of best logistics stocks to buy according to hedge funds. In addition, please check out our hedge fund investor letters Q2 2025 page for more investor letters from hedge funds and other leading investors. READ NEXT: The Best and Worst Dow Stocks for the Next 12 Months and 10 Unstoppable Stocks That Could Double Your Money. Disclosure: None. This article is originally published at Insider Monkey. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
5 days ago
- Business
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Longleaf Partners Fund Increased its Holdings in Regeneron Pharmaceuticals (REGN) on a Dip
Longleaf Partners, managed by Southeastern Asset Management, released its 'Partners Fund' second-quarter 2025 investor letter. A copy of the letter can be downloaded here. The fund returned 5.33% in the second quarter, compared to the S&P 500's 10.94% return and the Russell 1000 Value's 3.79% return. The firm's stock price performance was volatile, but its confidence in future returns grew as the quarter progressed. Since markets have recovered and portfolio holdings remain high-quality and discounted, the firm believes maintaining its current cautious stance, as reflected in the recent strong results during turbulent times, is prudent, despite not fully matching recent market highs. For more information on the fund's best picks in 2025, please check its top five holdings. In its second quarter 2025 investor letter, Longleaf Partners Fund highlighted stocks such as Regeneron Pharmaceuticals, Inc. (NASDAQ:REGN). Regeneron Pharmaceuticals, Inc. (NASDAQ:REGN) is a biopharmaceutical company that discovers, invents, develops, manufactures, and commercializes medicines for treating various diseases. The one-month return of Regeneron Pharmaceuticals, Inc. (NASDAQ:REGN) was 10.01%, and its shares lost 46.04% of their value over the last 52 weeks. On July 23, 2025, Regeneron Pharmaceuticals, Inc. (NASDAQ:REGN) stock closed at $572.39 per share, with a market capitalization of $61.798 billion. Longleaf Partners Fund stated the following regarding Regeneron Pharmaceuticals, Inc. (NASDAQ:REGN) in its second quarter 2025 investor letter: "Regeneron Pharmaceuticals, Inc. (NASDAQ:REGN) – Healthcare company Regeneron detracted in the quarter. While we have followed the company for a long time, Regeneron is a newer holding. The company has a net cash balance sheet and great owner-partners. Unlike most others in its industry, it has sworn off large M&A, and it recently began a share repurchase program. This quarter's performance was disappointing to the market due to a significant focus on Eylea, a retinal disease medication which constitutes less than 20% of the company's valuation. Later in the quarter, the company also had a negative clinical trial outcome for a potential new product. We took the opportunity to increase our position on the share price weakness when the stock price decline far outpaced the value per share impacts of these items." A pharmacist in a lab coat carefully analyzing a vial of medicine for its quality. Regeneron Pharmaceuticals, Inc. (NASDAQ:REGN) is not on our list of 30 Most Popular Stocks Among Hedge Funds. As per our database, 66 hedge fund portfolios held Regeneron Pharmaceuticals, Inc. (NASDAQ:REGN) at the end of the first quarter, which was 68 in the previous quarter. While we acknowledge the potential of Regeneron Pharmaceuticals, Inc. (NASDAQ:REGN) as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. In another article, we covered Regeneron Pharmaceuticals, Inc. (NASDAQ:REGN) and shared the list of best extremely profitable stocks to buy. In addition, please check out our hedge fund investor letters Q2 2025 page for more investor letters from hedge funds and other leading investors. READ NEXT: The Best and Worst Dow Stocks for the Next 12 Months and 10 Unstoppable Stocks That Could Double Your Money. Disclosure: None. This article is originally published at Insider Monkey. Error while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data
Yahoo
5 days ago
- Business
- Yahoo
Longleaf Partners Fund's Top Q2 Contributor: HF Sinclair Corporation (DINO)
Longleaf Partners, managed by Southeastern Asset Management, released its 'Partners Fund' second-quarter 2025 investor letter. A copy of the letter can be downloaded here. The fund returned 5.33% in the second quarter, compared to the S&P 500's 10.94% return and the Russell 1000 Value's 3.79% return. The firm's stock price performance was volatile, but its confidence in future returns grew as the quarter progressed. Since markets have recovered and portfolio holdings remain high-quality and discounted, the firm believes maintaining its current cautious stance, as reflected in the recent strong results during turbulent times, is prudent, despite not fully matching recent market highs. For more information on the fund's best picks in 2025, please check its top five holdings. In its second quarter 2025 investor letter, Longleaf Partners Fund highlighted stocks such as HF Sinclair Corporation (NYSE:DINO). HF Sinclair Corporation (NYSE:DINO) is a US-based independent energy company. The one-month return of HF Sinclair Corporation (NYSE:DINO) was 9.98%, and its shares lost 8.15% of their value over the last 52 weeks. On July 23, 2025, HF Sinclair Corporation (NYSE:DINO) stock closed at $45.74 per share, with a market capitalization of $8.618 billion. Longleaf Partners Fund stated the following regarding HF Sinclair Corporation (NYSE:DINO) in its second quarter 2025 investor letter: "HF Sinclair Corporation (NYSE:DINO) – Energy infrastructure company HF Sinclair was a top contributor for the quarter. One of the primary drivers this quarter was the recent tension in the Middle East helping all things fossil fuels. More normalized refining spreads began to come into view, and HF Sinclair continued to grow its non-refining assets (which are over half of our appraisal). The company has also seen an unusually large and welcome amount of insider buying over the last year." A close-up of a gasoline pump nozzle at a service station, revealing the company's consumer-facing branding. HF Sinclair Corporation (NYSE:DINO) is not on our list of 30 Most Popular Stocks Among Hedge Funds. As per our database, 40 hedge fund portfolios held HF Sinclair Corporation (NYSE:DINO) at the end of the first quarter, which was 41 in the previous quarter. While we acknowledge the potential of HF Sinclair Corporation (NYSE:DINO) as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. In another article, we covered HF Sinclair Corporation (NYSE:DINO) and shared the list of best marketing stocks to buy. In addition, please check out our hedge fund investor letters Q2 2025 page for more investor letters from hedge funds and other leading investors. READ NEXT: The Best and Worst Dow Stocks for the Next 12 Months and 10 Unstoppable Stocks That Could Double Your Money. Disclosure: None. This article is originally published at Insider Monkey. Sign in to access your portfolio
