SOUTHEASTERN ASSET MANAGEMENT INC/TN/ 13F: Quarter-over-Quarter Portfolio Changes
SOUTHEASTERN ASSET MANAGEMENT INC/TN/ reported a disclosed portfolio value of approximately $2.0 billion in its latest SEC Form 13F-HR filing for Q1 2026, down 9.5% quarter on quarter. Over the quarter, the manager bought more shares in 12 holdings, trimmed 15 holdings, and exited 4 positions.
SOUTHEASTERN ASSET MANAGEMENT INC/TN/'s top buy was Rayonier INC (RYN) . The manager bought 89.5% more shares, lifting the position's portfolio weight by 5.4 percentage points. Its top sell was Potlatchdeltic Corporation (PCH) . The manager exited the position completely after it had accounted for 5.6% of the previous portfolio.
Top BuysQ1 2026
Showing the top 10 buys among 12 existing positions where the manager bought more shares in Q1 2026. Ranked by portfolio-weight impact, with the percentage of additional shares shown separately.
| Company | Ticker | Portfolio Weight Change | More Shares | History |
|---|---|---|---|---|
| RAYONIER INC | RYN | +5.4% | +89.5% | History → |
| FORTUNE BRANDS INNOVATIONS I | FBIN | +1.5% | +82.8% | History → |
| EMPIRE ST RLTY TR INC | ESRT | +0.6% | +74.8% | Holders → |
| TRIPADVISOR INC | TRIP | +0.6% | +62.0% | Holders → |
| MATTEL INC | MAT | +1.6% | +49.5% | History → |
| NEW ORIENTAL ED & TECHNOLOGY | EDU | +0.5% | +37.6% | Holders → |
| FIDELITY NATL INFORMATION SV | FIS | +0.1% | +33.0% | Holders → |
| ALBERTSONS COS INC | ACI | +1.5% | +20.3% | History → |
| MAGNUM ICE CREAM CO NV | MICC | +0.2% | +13.2% | Holders → |
| CLEARWATER PAPER CORP | CLW | +0.0% | +10.5% | Holders → |
Top SellsQ1 2026
Showing the top 10 sells among 15 existing positions where the manager sold shares in Q1 2026. Ranked by portfolio-weight impact. Full exits are listed separately.
| Company | Ticker | Portfolio Weight Change | Shares Sold | History |
|---|---|---|---|---|
| PAYPAL HLDGS INC | PYPL | -1.4% | 95.9% | Holders → |
| ACM RESH INC | ACMR | -1.4% | 53.4% | Holders → |
| XPO INC | XPO | -0.0% | 51.3% | Holders → |
| WHITE MTNS INS GROUP LTD | WTM | -0.9% | 40.4% | Holders → |
| FEDEX CORP | FDX | -0.3% | 31.1% | History → |
| BIO RAD LABS INC | BIO | -0.8% | 28.5% | Holders → |
| REGENERON PHARMACEUTICALS | REGN | -0.7% | 21.2% | History → |
| BOSTON BEER INC | SAM | 0.1% | 20.0% | Holders → |
| ALEXANDERS INC | ALX | -0.0% | 19.3% | Holders → |
| MGM RESORTS INTERNATIONAL | MGM | -0.3% | 18.2% | History → |
Full ExitsQ1 2026
Positions present in the prior 13F-HR filing that no longer appear in Q1 2026.
| Company | Ticker | Last-Reported Portfolio Weight |
|---|---|---|
| POTLATCHDELTIC CORPORATION | PCH | 5.6% |
| DISNEY WALT CO | DIS | 1.6% |
| LOUISIANA PAC CORP | LPX | 1.0% |
| ACCENDRA HEALTH INC CMN | ACH | 0.0% |
Net Portfolio Value ChangeQ1 2026
- $2.2BPrior quarter
- $2.0BCurrent quarter
- $-0.2BNet delta
- -9.5%% change
Methodology & FAQ
How SOUTHEASTERN ASSET MANAGEMENT INC/TN/ Quarterly Changes Are Computed
All deltas are sourced from sequential SEC Form 13F-HR filings for SOUTHEASTERN ASSET MANAGEMENT INC/TN/: each row joins the most recent filing against the immediately preceding quarterly filing for the same fund. Share-count changes reflect reported trading activity, while portfolio weights can also move because of market price changes. Portfolio weights are normalized to exclude listed options for comparability. A complete description — including how confidential treatment filings are handled — is documented in the Methodology.
What stocks did SOUTHEASTERN ASSET MANAGEMENT INC/TN/ buy in Q1 2026?
In Q1 2026, SOUTHEASTERN ASSET MANAGEMENT INC/TN/ bought more shares of RAYONIER INC (RYN), FORTUNE BRANDS INNOVATIONS I (FBIN), EMPIRE ST RLTY TR INC (ESRT), TRIPADVISOR INC (TRIP), MATTEL INC (MAT) — the largest 5 of 12 adds.
What stocks did SOUTHEASTERN ASSET MANAGEMENT INC/TN/ sell in Q1 2026?
In Q1 2026, SOUTHEASTERN ASSET MANAGEMENT INC/TN/ fully sold 4 positions (POTLATCHDELTIC CORPORATION (PCH), DISNEY WALT CO (DIS), LOUISIANA PAC CORP (LPX), ACCENDRA HEALTH INC CMN (ACH)); reduced holdings in PAYPAL HLDGS INC (PYPL), ACM RESH INC (ACMR), XPO INC (XPO), WHITE MTNS INS GROUP LTD (WTM), FEDEX CORP (FDX) — the largest 5 of 15 reductions.
Which positions did SOUTHEASTERN ASSET MANAGEMENT INC/TN/ initiate in Q1 2026?
SOUTHEASTERN ASSET MANAGEMENT INC/TN/ established no new positions in Q1 2026.
Which existing positions saw the largest allocation increases for SOUTHEASTERN ASSET MANAGEMENT INC/TN/ in Q1 2026?
Of 12 existing positions with share-count increases in Q1 2026, the largest were: RAYONIER INC (RYN, +5.4% weight, +89.5% shares), FORTUNE BRANDS INNOVATIONS I (FBIN, +1.5% weight, +82.8% shares), EMPIRE ST RLTY TR INC (ESRT, +0.6% weight, +74.8% shares), TRIPADVISOR INC (TRIP, +0.6% weight, +62.0% shares), MATTEL INC (MAT, +1.6% weight, +49.5% shares), NEW ORIENTAL ED & TECHNOLOGY (EDU, +0.5% weight, +37.6% shares), FIDELITY NATL INFORMATION SV (FIS, +0.1% weight, +33.0% shares), ALBERTSONS COS INC (ACI, +1.5% weight, +20.3% shares), MAGNUM ICE CREAM CO NV (MICC, +0.2% weight, +13.2% shares), CLEARWATER PAPER CORP (CLW, +0.0% weight, +10.5% shares).
Which positions did SOUTHEASTERN ASSET MANAGEMENT INC/TN/ fully exit in Q1 2026?
SOUTHEASTERN ASSET MANAGEMENT INC/TN/ fully exited 4 positions in Q1 2026: POTLATCHDELTIC CORPORATION (PCH, last-reported weight 5.6%), DISNEY WALT CO (DIS, last-reported weight 1.6%), LOUISIANA PAC CORP (LPX, last-reported weight 1.0%), ACCENDRA HEALTH INC CMN (ACH, last-reported weight 0.0%).
Which existing positions saw the largest allocation reductions for SOUTHEASTERN ASSET MANAGEMENT INC/TN/ in Q1 2026?
Of 15 existing positions with share-count reductions in Q1 2026, the largest were: PAYPAL HLDGS INC (PYPL, -1.4% weight, -95.9% shares), ACM RESH INC (ACMR, -1.4% weight, -53.4% shares), XPO INC (XPO, -0.0% weight, -51.3% shares), WHITE MTNS INS GROUP LTD (WTM, -0.9% weight, -40.4% shares), FEDEX CORP (FDX, -0.3% weight, -31.1% shares), BIO RAD LABS INC (BIO, -0.8% weight, -28.5% shares), REGENERON PHARMACEUTICALS (REGN, -0.7% weight, -21.2% shares), BOSTON BEER INC (SAM, 0.1% weight, -20.0% shares), ALEXANDERS INC (ALX, -0.0% weight, -19.3% shares), MGM RESORTS INTERNATIONAL (MGM, -0.3% weight, -18.2% shares).
Do quarter-over-quarter 13F allocation changes constitute explicit trading signals?
No. Quarter-over-quarter changes reflect a combination of active trading and market price movement. A weight increase can result from price appreciation alone, without the manager adding shares. Share-count delta is the cleaner indicator of explicit trading activity. All deltas on this page are sourced from sequential SEC Form 13F-HR filings.