Longleaf
Longleaf Partners Fund
Mar 2025 → Mar 2026
Our archive holds 5 letters from this strategy, behind 2 investment theses and positions in 2 companies. Every quote below is copied verbatim from the letter it came from.
5 letters in 2 years — follow all of Longleaf for every strategy.
Its investment theses
- Rayonier, Inc.Mar 2026Rayonier is a timberland owner with inflation-hedging assets, a strong balance sheet, and value-creation levers like asset sales and buybacks post-merger.
- AlbertsonsSep 2025Albertsons is a defensive yet growing company poised for growth post-merger uncertainty, with strong returns on capital and upsides not reflected in its current share price.