13F filing recap · Q1 2013

What did First Pacific Advisors buy in Q1 2013?

Reported stock-position changes between this filing and the previous one. US-listed stocks across every FPA-managed account, including accounts that belong to no fund below.

Stock value

$9.17B

Positions

121

Estimated turnover

15.9%

Turnover is a proxy: verified trade-origin share changes valued at period-end and divided by average reported stock value. SEC holdings reports do not disclose execution dates or prices. Corporate actions and unreconciled activity are excluded.

New positions

VODVodafone Group Public Ltd Co$127.76Mreported value+4.50M shares INTCIntel Corp$117.49Mreported value+5.38M shares CHKPCheck Point Software Technologies Ltd.$112.84Mreported value+2.40M shares ARRSArris Group Inc$98.66Mreported value+5.75M shares APOLApollo Education Group, Inc.$50.24Mreported value+2.89M shares CNCCentene Corporation$13.78Mreported value+312.9K shares SXCPSuncoke Energy Partners, L.p.$4.28Mreported value+204.6K shares RUSHBRush Enterprises, Inc.$750.0Kreported value+36.4K shares BAC WS ABank of America Corp$372.0Kreported value+65.3K shares JPMJPMorgan Chase & Co$142.0Kreported value+10.0K shares

Increased positions

CVSCVS Health Corp$402.83Mreported value+103.1K shares+1.4%MSFTMicrosoft Corporation$370.82Mreported value+536.2K shares+4.3%TMOThermo Fisher Scientific Inc.$295.69Mreported value+145.2K shares+3.9%ORCLOracle Corporation$208.58Mreported value+365.0K shares

Reduced positions

AONAon Plc$423.80Mreported value-134.5K shares-1.9%COVCovidien Plc$362.86Mreported value-50.7K shares-0.9%OCROmnicare Inc$266.25Mreported value-14.5K shares-0.2%RDCRowan Companies Plc$255.65Mreported value-49.4K shares

Exited positions

ARRSArris Group Inc$74.03Mprior reported value-4.95M shares-100.0%FPNIXFpa New Income Inc$72.81Mprior reported value-6.84M shares-100.0%JPMJPMorgan Chase & Co$9.96Mprior reported value-226.5K shares-100.0%WPXWpx Energy, Inc.$4.87Mprior reported value-327.5K shares