LLINX — Longleaf Partners International Fund
Data updated: 2025-11-26
LLINX — Longleaf Partners International Fund. Global (incl. US) Large Cap Value Consumer Discretionary Equity. Holdings, fees, performance and SEC filings.
LLINX Fund Overview
LLINX — Longleaf Partners International Fund is a US mutual fund managed by Longleaf Partners Funds Trust, categorised as Global (incl. US) Large Cap Value Consumer Discretionary Equity. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.
- Type: US mutual fund
- Manager: Longleaf Partners Funds Trust
- Category: Global (incl. US) Large Cap Value Consumer Discretionary Equity
- Assets under management: $573.34M
- 1-year return: 8.1%
- Ticker: LLINX
- SEC CIK: 0000806636
- SEC series ID: S000009313
- Share class ID: C000025445
LLINX Investment Objective and Strategy
Longleaf Partners International Fund describes its objective and strategy as follows, from its latest prospectus filed with the SEC by Longleaf Partners Funds Trust.
Investment objective
Longleaf Partners International Fund seeks long-term capital growth.
Principal investment strategy
The Fund seeks superior long-term performance by acquiring equity securities of a limited number of international or non-U.S. companies that we believe meet our qualitative and quantitative criteria: Strong businesses that are understandable, financially sound, competitively entrenched, and will generate growing free cash flow; Good management partners who are capable operators, responsible capital allocators, trustworthy, and shareholder-oriented; and Good price that is typically 60% or less of our conservative appraisal determined through fundamental financial analysis using disciplines weve applied over 43 years. We believe purchasing equities at prices substantially less than their intrinsic worth establishes a margin of safety that should protect capital from significant permanent loss and provide the opportunity for substantial appreciation if the market recognizes the companys value.
We sell securities when they approach our appraisals, when we perceive a change in company fundamentals, a decline in attractiveness relative to other issues, or if the original reasons for purchase materially change. The International Fund normally invests at least 65% of total assets in the equity securities of non-U.S. issuers, which could include emerging market issuers, and may achieve its exposure to non-U.S. securities through investing in American depositary receipts (ADRs). The Fund primarily owns common stock or securities convertible into common stock but may purchase other types of securities as long as the investment meets our criteria. The Fund is non-diversified, which means that it may invest a significant portion of its assets in a relatively small number of issuers, and generally invests in 15 to 25 companies.
Definition of Non-U.S. ? A company will generally be considered non-U.S. if headquartered outside the United States or if at least 50% of its assets are outside the U.S. or 50% of its gross income is from non-U.S. sources.
LLINX Holdings
Top 10 holdings of Longleaf Partners International Fund by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| State Street Bank and Trust Company | 33.32% |
| Prosus NV | 6.51% |
| Canal Plus SA | 6.40% |
| HDFC Bank Ltd. | 5.49% |
| Exor Nv | 5.01% |
| Glanbia PLC | 4.96% |
| Jollibee Foods Corp. | 4.89% |
| Koninklijke Philips NV | 4.31% |
| Gruma S.A.B.de C.V. | 4.18% |
| IDP Education Ltd. | 4.13% |
LLINX Portfolio Allocation
Asset-class allocation of Longleaf Partners International Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Equity | 63.3% |
| Cash & Equivalents | 33.3% |
LLINX Performance
Total returns for LLINX (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| 1 year | 8.1% |
| 3 years (annualised) | 18.4% |
| 5 years (annualised) | 6.7% |
LLINX Risk Information
Risk metrics for LLINX, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 11.9%
LLINX Costs and Fees
LLINX costs about $105 per $10,000 invested per year in fund expenses.
- Net expense ratio: 1.05%
- Gross expense ratio: 1.21%
- Portfolio turnover: 39%
- Brokerage commissions: 5.12 bps of average net assets (SEC N-CEN)
LLINX Cashflows
Over the 12 months to 2025-09, Longleaf Partners International Fund had net outflows of $208.72M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2025-09 | −$178.91M |
| 2025-08 | −$7.25M |
| 2025-07 | −$3.67M |
| 2025-06 | $4.16M |
| 2025-05 | $337.87K |
| 2025-04 | −$14.59M |
LLINX Debt Constituents
No individual debt constituents are reported in Longleaf Partners International Fund's latest SEC N-PORT filing.
LLINX Prospectus and SEC Filings
Official Longleaf Partners International Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2025-04-28
- Prospectus (485BPOS) — filed 2024-04-29
- Prospectus (485BPOS) — filed 2023-04-28
- Portfolio holdings (N-PORT) — filed 2025-11-26
- Portfolio holdings (N-PORT) — filed 2025-08-27
- Portfolio holdings (N-PORT) — filed 2025-05-28
- Annual census (N-CEN) — filed 2025-03-12
- Annual census (N-CEN) — filed 2024-02-27
Related Funds
Related funds tracked on ABC INVEST:
Data Sources
ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.