13F filing recap · Q4 2016

What did First Pacific Advisors buy in Q4 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

$12.51B

Positions

105

Estimated turnover

22.2%

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

HWMHowmet Aerospace Inc.$380.54Mreported value+20.53M shares AAAlcoa Corp$182.93Mreported value+6.51M shares MYLMylan N.v.$117.72Mreported value+3.09M shares PRGOPerrigo Company Plc$108.00Mreported value+1.30M shares WUBA58.com Inc.$20.02Mreported value+715.1K shares DGDollar General Corp$4.52Mreported value+61.0K shares AGNAllergan Plc$3.46Mreported value+16.5K shares AKRXAkorn Inc$2.99Mreported value+137.0K shares DISWalt Disney Co/$2.37Mreported value+22.8K shares PDCOPatterson Companies Inc$1.85Mreported value+45.0K shares AMCXAmc Global Media Inc.$1.84Mreported value+35.2K shares AAPLApple Inc.$1.81Mreported value+15.6K shares RADRite Aid Corporation$1.39Mreported value+169.0K shares HCAHCA Healthcare, Inc.$1.22Mreported value+16.5K shares DISCKDiscovery, Inc.$1.19Mreported value+44.5K shares

Increased positions

ADIAnalog Devices, Inc.$346.76Mreported value+18.6K shares+0.4%BIDUBaidu, Inc.$287.88Mreported value+800.6K shares+84.2%YHOOAltaba Inc.$280.88Mreported value+1.86M shares+34.4%GOOGAlphabet Inc.$226.84Mreported value+3.1K shares

Reduced positions

ORCLOracle Corporation$837.62Mreported value-81.6K shares-0.4%AIGAmerican International Group, Inc.$712.23Mreported value-628.7K shares-5.5%UTXRtx Corporation$692.87Mreported value-172.7K shares-2.7%CCitigroup Inc$665.82Mreported value-2.64M shares

Exited positions

AAHowmet Aerospace Inc.$623.43Mprior reported value-61.48M shares-100.0%HALHalliburton Company$167.61Mprior reported value-3.73M shares-100.0%WBAWalgreens Boots Alliance Inc$6.98Mprior reported value-86.5K shares-100.0%IVZInvesco Ltd.$5.63Mprior reported value-180.2K shares