Longleaf Partners, managed by Southeastern Asset Management, released its “Small-Cap Fund” third quarter 2024 investor letter. A copy of the letter can be downloaded here. The fund returned 8.92% in the third quarter, outperforming the Russell 3000’s 6.23% return, but slightly trailing the more relevant Russell 2000’s 9.27% return. The portfolio achieved strong absolute returns in a volatile small-cap environment. For more information on the fund’s best picks in 2024, please check its top five holdings.
Longleaf Partners Small-Cap Fund highlighted stocks like Westrock Coffee...
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