Mason Hawkins - Longleaf Partners 13F Activity & Position Changes (Q4 2019)

As of Dec 31, 2019, 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 Q4 2019, the filing reported:

New Buys - Nokia Corporation Sponsored, Trip.com Group Limited, Williams Companies, Inc. (The), WideOpenWest, Inc.

Increases - Baidu, Inc., Park Hotels & Resorts Inc.

Reductions - Affiliated Managers Group, Inc., Comcast Corporation, CNH Industrial, CNX Resources Corporation, FedEx Corporation, and 5 more

Complete Exits - Summit Materials, Inc., Grupo Televisa S.A.B.

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
Q4 2019	AMG Affiliated Managers Group, Inc.	Affiliated Managers Group, Inc.	Sell	-120,698	-7.9%	$118.75K	1,401,299
Q4 2019	BIDU Baidu, Inc.	Baidu, Inc.	Buy	+41,676	+3.7%	$146.50K	1,159,054
Q4 2019	CMCSA Comcast Corporation	Comcast Corporation	Sell	-272,978	-4.3%	$274.01K	6,093,068
Q4 2019	CNH CNH Industrial	CNH Industrial	Sell	-1,323,181	-19.8%	$59.09K	5,372,282
Q4 2019	CNX CNX Resources Corporation	CNX Resources Corporation	Sell	-3,403,615	-6.3%	$444.97K	50,279,156
Q4 2019	FDX FedEx Corporation	FedEx Corporation	Sell	-111,038	-4.4%	$367.40K	2,429,740
Q4 2019	GHC Graham Holdings Company	Graham Holdings Company	Sell	-6,058	-1.3%	$293.70K	459,626
Q4 2019	GOOG Alphabet Inc.	Alphabet Inc.	Sell	-8,869	-4.9%	$232.19K	173,660
Q4 2019	MAT Mattel, Inc.	Mattel, Inc.	Sell	-1,153,634	-3.4%	$444.18K	32,780,457
Q4 2019	NOK Nokia Corporation Sponsored	Nokia Corporation Sponsored	Buy - Position Entry	+3,250,000	-	$12.06K	3,250,000
Q4 2019	PK Park Hotels & Resorts Inc.	Park Hotels & Resorts Inc.	Buy	+899,891	+8.4%	$299.93K	11,593,677
Q4 2019	SUM Summit Materials, Inc.	Summit Materials, Inc.	Sell - Position Exit	-12,820,469	-100.0%	$0.00	-
Q4 2019	TCOM Trip.com Group Limited	Trip.com Group Limited	Buy - Position Entry	+1,191,281	-	$39.96K	1,191,281
Q4 2019	TV Grupo Televisa S.A.B.	Grupo Televisa S.A.B.	Sell - Position Exit	-19,403	-100.0%	$0.00	-
Q4 2019	VSAT ViaSat, Inc.	ViaSat, Inc.	Sell	-66,925	-4.8%	$96.86K	1,323,252
Q4 2019	WMB Williams Companies, Inc. (The)	Williams Companies, Inc. (The)	Buy - Position Entry	+8,225,413	-	$195.11K	8,225,413
Q4 2019	WOW WideOpenWest, Inc.	WideOpenWest, Inc.	Buy - Position Entry	+445,065	-	$3.30K	445,065
Q4 2019	WYNN Wynn Resorts, Limited	Wynn Resorts, Limited	Sell	-811,631	-99.6%	$489.00	3,520