Longleaf Partners Fund cited CNH Industrial as a top performer amid broader market volatility in Q1 2026.
CNH Industrial N.V. (NYSE:CNH) surged in Q1 2026, closing at $10.43 on May 15, despite a one-month return of -3.78% and a 52-week loss of 23.70%. The company holds a market capitalization of $12.93 billion.
Longleaf Partners Fund, which returned -4.46% in Q1, underperformed the S&P 500’s -4.33% but outperformed early quarter trends. The fund highlighted CNH Industrial as a key holding, noting improved performance as market conditions shifted.
The fund’s P/V ratio ended the quarter in the mid-50s%, signaling potential for future returns amid sector-wide volatility driven by geopolitical risks and AI-related movements.