Longleaf Partners Global Fund exits four stocks, sees strong Delivery Hero cash flow in Q1 2026

In Q1 2026, Longleaf Partners Global Fund exited holdings in Bio-Rad, Louis Hachette, Louisiana-Pacific, and Walt Disney, with no new purchases made. Despite a tough market, Glanbia shares remained stable but undervalued compared to peers. Delivery Hero reported solid FY25 results, surpassing free cash flow expectations. FedEx contributed positively to the fund's performance during the quarter. These moves reflect the fund's cautious approach amid market challenges.