The latest Securities and Exchange Commission 13F filing for Mason Hawkins’ Southeastern Asset Management shows the firm bought only one new stock and sold out of only one stock during the third quarter. The firm increased its holdings in 12 other stocks and reduced its position in 23 stocks.


At the end of the third quarter, the top five holdings in the firm’s portfolio were Chesapeake Energy Corporation (NYSE:CHK), Loews Corporation (NYSE:L), DirecTV (NASDAQ:DTV), FedEx Corporation (NYSE:FDX), and Aon PLC (NYSE:AON).

Purchases And Increases

Southeastern’s one purchase for the third quarter was Republic Services, Inc. (RSG).

Notable increases in the firm’s holdings include Chesapeake Energy Corporation (NYSE:CHK), The Bank of New York Mellon Corporation (NYSE:BK), and Cemex SAB de CV (NYSE:CX).

Sell-Offs And Reductions

The firm sold off all its shares of Markel Corporation (NYSE:MKL). It also reduced its position in Abbott Laboratories (NYSE:ABT) by more than 1.5 million shares and sold almost 2.5 million shares of Dell Inc. (NASDAQ:DELL). Other major reductions include The Walt Disney Company (NYSE:DIS), DirecTV (NASDAQ:DTV), and Lamar Advertising Co (NASDAQ:LAMR).