13F filing recap · Q3 2013

What did First Pacific Advisors buy in Q3 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

$9.65B

Positions

125

Estimated turnover

16.5%

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

AAAlcoa Corp$111.38Mreported value+13.72M shares SHOSSears Hometown and Outlet Stores, Inc.$8.80Mreported value+277.1K shares AANThe Aaron'S Company, Inc.$3.30Mreported value+119.1K shares STCStewart Information Services Corp$3.29Mreported value+102.8K shares MYGNMyriad Genetics, Inc.$3.21Mreported value+136.5K shares FNMALFederal National Mortgage Association$151.0Kreported value+16.4K shares FNMAGFederal National Mortgage Association$121.0Kreported value+13.2K shares FNMAMFederal National Mortgage Association$57.0Kreported value+6.3K shares FMCCFederal Home Loan Mortgage Corp$17.0Kreported value+1.9K shares

Increased positions

MSFTMicrosoft Corporation$554.34Mreported value+3.57M shares+27.3%CVSCVS Health Corp$418.10Mreported value+9.4K shares+0.1%OXYOccidental Petroleum Corporation$383.44Mreported value+1.09M shares+36.1%ORCLOracle Corporation$380.83Mreported value+1.86M shares

Reduced positions

AONAon Plc$509.91Mreported value-37.8K shares-0.5%COVCovidien Plc$328.25Mreported value-100 shares-0.0%CSCOCisco Systems, Inc.$254.26Mreported value-679.6K shares-5.9%BUDAnheuser-Busch Inbev Sa/nv$207.75Mreported value-59.2K shares

Exited positions

HNTHealth Net Inc$66.04Mprior reported value-2.08M shares-100.0%XRXXerox Holdings Corp$65.77Mprior reported value-7.25M shares-100.0%ATKAlliant Techsystems Inc$9.71Mprior reported value-118.0K shares-100.0%RUSHBRush Enterprises, Inc.$783.0Kprior reported value-36.4K shares