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Longleaf Partners Small-Cap Fund Q1 2026 Portfolio Review

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⚡ Quantum Brief
The Longleaf Partners Small-Cap Fund reported Q1 2026 performance, highlighting Boston Beer as a top contributor due to improved alcoholic beverage industry data compared to 2025. Mattel, the children’s toy and media company, was the fund’s primary detractor during the quarter, dragging down overall returns. No new purchases or exits occurred in Q1 2026, indicating a stable portfolio strategy with no major shifts in holdings. Southeastern Asset Management, the fund’s advisor, emphasized its four-decade history in value equity investing and employee-aligned investment structure. The commentary noted no changes to fund management or communication policies, directing inquiries to official channels rather than third-party platforms.
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The Longleaf Partners Funds37 FollowersFollow5ShareSavePlay(8min)CommentsSummaryAlcoholic beverage company Boston Beer was a contributor for the quarter as industry data improved compared to last year.Children's toy, media, and consumer products creator Mattel was a detractor in the quarter.During the quarter we had no new purchases or exits. Jacob Wackerhausen/iStock via Getty Images The following segment was excerpted from the Longleaf Partners Small-Cap Fund Q1 2026 Commentary. Notable Contributors & Detractors Boston Beer (SAM) – Alcoholic beverage company Boston Beer was a contributor for the quarter as industryThis article was written byThe Longleaf Partners Funds37 FollowersFollowSoutheastern Asset Management has been a leader in value equity investing for over four decades.

Southeastern Asset Management created the Longleaf Partners Funds in 1987, as a way for its employees to invest alongside clients, and today Southeastern employees and related entities are the largest collective investor across Funds advised by Southeastern. Note: This account is not managed or monitored by The Longleaf Partners Funds, and any messages sent via Seeking Alpha will not receive a response. For inquiries or communication, please use The Longleaf Partners Funds' official channels.

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