13F filing recap · Q3 2016

What did First Pacific Advisors buy in Q3 2016?

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

$12.01B

Positions

102

Estimated turnover

20.4%

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

AAHowmet Aerospace Inc.$623.43Mreported value+61.48M shares VSTOVista Outdoor Inc$7.96Mreported value+199.6K shares NCLHNorwegian Cruise Line Holdings Ltd.$3.30Mreported value+87.5K shares MDPediatrix Medical Group, Inc.$1.56Mreported value+23.6K shares PCLNBooking Holdings Inc$736.0Kreported value+500 shares FMCKIFederal Home Loan Mortgage Corp$62.0Kreported value+26.0K shares FMCKPFederal Home Loan Mortgage Corp$44.0Kreported value+9.6K shares FMCKKFederal Home Loan Mortgage Corp$27.0Kreported value+6.0K shares 345525117Foresight Energy LP$0reported value+16.3K shares

Increased positions

CITCit Group Inc$523.55Mreported value+236.4K shares+1.7%BACBank of America Corp$515.56Mreported value+149.5K shares+0.5%ADIAnalog Devices, Inc.$306.55Mreported value+41.0K shares+0.9%ESLEsterline Technologies Corp$280.64Mreported value+190 shares

Reduced positions

ORCLOracle Corporation$858.91Mreported value-4.80M shares-18.0%AIGAmerican International Group, Inc.$684.43Mreported value-907.9K shares-7.3%UTXRtx Corporation$659.72Mreported value-369.6K shares-5.4%CCitigroup Inc$653.70Mreported value-807.9K shares

Exited positions

AAAlcoa Corp$597.51Mprior reported value-64.46M shares-100.0%DISCKDiscovery, Inc.$3.44Mprior reported value-144.2K shares-100.0%AETAetna Inc.$3.17Mprior reported value-25.9K shares-100.0%STCStewart Information Services Corp$1.83Mprior reported value-44.3K shares