Mason Hawkins - Longleaf Partners 13F Activity & Position Changes (Q3 2014)

As of Sep 30, 2014, the Longleaf Partners portfolio activity showed several notable changes in holdings, according to the latest SEC 13F filing reported on May 15, 2026. The activity included new positions, additions to existing holdings, reductions, and complete exits, providing a clear view of how the portfolio evolved during the quarter.

During Q3 2014, the filing reported:

New Buys - Franklin Resources, Inc., CNH Industrial, McDonald's Corporation

Increases - Graham Holdings Company, Koninklijke Philips N.V. NY Reg, Rayonier Inc. REIT, Vodafone Group Plc, ViaSat, Inc.

Reductions - Abbott Laboratories, The Bank of New York Mellon Cor, Berkshire Hathaway Inc. New, Everest Group, FedEx Corporation, and 7 more

Complete Exits - Dine Brands Global, Inc. Common

These updates highlight how the portfolio adjusted across different sectors and market conditions, offering insights into allocation shifts and investment trends.

Date	Symbol	Name	Type	Change Qty	% Change	Value	Remaining
Q3 2014	ABT Abbott Laboratories	Abbott Laboratories	Sell	-1,204,311	-8.8%	$519.19K	12,483,566
Q3 2014	BEN Franklin Resources, Inc.	Franklin Resources, Inc.	Buy - Position Entry	+2,020,049	-	$110.31K	2,020,049
Q3 2014	BK The Bank of New York Mellon Cor	The Bank of New York Mellon Cor	Sell	-18,010,858	-52.1%	$640.41K	16,535,281
Q3 2014	BRK-B Berkshire Hathaway Inc. New	Berkshire Hathaway Inc. New	Sell	-100,647	-2.3%	$580.39K	4,201,482
Q3 2014	CNH CNH Industrial	CNH Industrial	Buy - Position Entry	+29,049,995	-	$230.37K	29,049,995
Q3 2014	DIN Dine Brands Global, Inc. Common	Dine Brands Global, Inc. Common	Sell - Position Exit	-213,000	-100.0%	$0.00	-
Q3 2014	EG Everest Group	Everest Group	Sell	-582,962	-13.9%	$584.48K	3,607,658
Q3 2014	FDX FedEx Corporation	FedEx Corporation	Sell	-3,028,997	-24.4%	$1.51M	9,383,238
Q3 2014	GHC Graham Holdings Company	Graham Holdings Company	Buy	+95,509	+15.9%	$487.53K	696,881
Q3 2014	L Loews Corporation	Loews Corporation	Sell	-685,890	-1.9%	$1.44M	34,614,204
Q3 2014	MCD McDonald's Corporation	McDonald's Corporation	Buy - Position Entry	+7,252,618	-	$687.62K	7,252,618
Q3 2014	MDLZ Mondelez International, Inc.	Mondelez International, Inc.	Sell	-1,021,932	-3.2%	$1.05M	30,642,426
Q3 2014	MTN Vail Resorts, Inc.	Vail Resorts, Inc.	Sell	-5,685	-0.2%	$221.34K	2,551,173
Q3 2014	MUR Murphy Oil Corporation	Murphy Oil Corporation	Sell	-337,822	-2.3%	$805.00K	14,145,136
Q3 2014	NWS News Corporation	News Corporation	Sell	-627,412	-2.4%	$409.00K	25,356,215
Q3 2014	NWSA News Corporation	News Corporation	Sell	-155,732	-1.0%	$262.50K	16,054,798
Q3 2014	PHG Koninklijke Philips N.V. NY Reg	Koninklijke Philips N.V. NY Reg	Buy	+2,670,756	+16.9%	$586.22K	18,486,808
Q3 2014	RYN Rayonier Inc. REIT	Rayonier Inc. REIT	Buy	+6,384,621	+475.8%	$240.60K	7,726,521
Q3 2014	TRV The Travelers Companies, Inc.	The Travelers Companies, Inc.	Sell	-228,793	-2.5%	$849.02K	9,037,948
Q3 2014	VOD Vodafone Group Plc	Vodafone Group Plc	Buy	+5,086,556	+475.5%	$202.48K	6,156,294
Q3 2014	VSAT ViaSat, Inc.	ViaSat, Inc.	Buy	+2,414,731	+352.6%	$170.85K	3,099,559