Southeastern Adds Cemex, Reduces Dell And Saks Inc

Southeastern Asset Management Inc. is an investment management firm headed by Chairman and CEO O. Mason Hawkins and President G. Staley Cates that looks for “time horizon arbitrage,” companies that have sustainable competitive advantages that offer long-term potential for growth that may not always be priced into other investors’ quarterly valuations. The bulk of the fund consists of around 20 companies chosen to be low risk, with a particular emphasis on companies that have strong corporate leadership. Added positions of Southeastern Asset Management Southeastern Asset Management took on new positions with 58 million shares of Cemex SAB de CV (NYSE:CX)…