13F filing recap · Q2 2017

What did First Pacific Advisors buy in Q2 2017?

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

$13.18B

Positions

104

Estimated turnover

15.5%

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

AABAAltaba Inc$409.93Mreported value+7.52M shares XOMExxon Mobil Corp.$21.29Mreported value+263.8K shares ALGTAllegiant Travel Company$20.13Mreported value+148.4K shares CMECme Group Inc.$13.96Mreported value+111.5K shares PMPhilip Morris International Inc.$11.62Mreported value+99.0K shares FHIFederated Hermes, Inc.$8.75Mreported value+309.7K shares GTGoodyear Tire & Rubber Co /oh/$2.28Mreported value+65.2K shares NCLHNorwegian Cruise Line Holdings Ltd.$1.95Mreported value+36.0K shares PAAPlains All American Pipeline LP$1.61Mreported value+61.3K shares KKRKkr & Co. Inc.$1.19Mreported value+63.7K shares PHIIKPhi, Inc.$151.0Kreported value+15.5K shares

Increased positions

CCitigroup Inc$746.45Mreported value+152.9K shares+1.4%AIGAmerican International Group, Inc.$659.26Mreported value+102.4K shares+1.0%BACBank of America Corp$617.29Mreported value+332.9K shares+1.3%MSFTMicrosoft Corporation$549.67Mreported value+130.3K shares

Reduced positions

ORCLOracle Corporation$1.07Breported value-6.0K shares-0.0%UTXRtx Corporation$689.36Mreported value-383.5K shares-6.4%AONAon Plc$648.28Mreported value-297.4K shares-5.7%CITCit Group Inc$532.99Mreported value-2.41M shares

Exited positions

YHOOAltaba Inc.$339.49Mprior reported value-7.32M shares-100.0%DVAdtalem Global Education Inc$37.32Mprior reported value-1.05M shares-100.0%HIBBHibbett Inc$19.56Mprior reported value-663.1K shares-100.0%AKRXAkorn Inc$18.68Mprior reported value-775.7K shares