13F filing recap · Q1 2019

What did First Pacific Advisors buy in Q1 2019?

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

$11.37B

Positions

129

Estimated turnover

11.2%

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

UNVRUnivar Solutions Inc$172.54Mreported value+7.79M shares CBTCabot Corporation$22.03Mreported value+529.1K shares MTNVail Resorts, Inc.$3.84Mreported value+17.7K shares VMIValmont Industries Inc$3.51Mreported value+27.0K shares CAKEThe Cheesecake Factory Incorporated$3.11Mreported value+63.6K shares LGIHLgi Homes, Inc.$3.04Mreported value+50.4K shares INTCIntel Corp$671.0Kreported value+12.5K shares ACNAccenture Plc$352.0Kreported value+2.0K shares INFOIhs Markit Ltd.$340.0Kreported value+6.3K shares FOXAFox CorporationMIXED CORP ACTION$0reported value+1 shares

Increased positions

HWMHowmet Aerospace Inc.$503.17Mreported value+141.6K shares+0.5%UTXRtx Corporation$466.99Mreported value+14.3K shares+0.4%CCitigroup Inc$437.83Mreported value+8.1K shares+0.1%CHTRCharter Communications, Inc.$379.82Mreported value+42.5K shares

Reduced positions

AIGAmerican International Group, Inc.$662.39Mreported value-90.8K shares-0.6%AVGOBroadcom Inc.$542.32Mreported value-11.9K shares-0.7%AABAAltaba Inc$536.17Mreported value-53.6K shares-0.7%CMCSAComcast Corporation$497.23Mreported value-59.3K shares

Exited positions

NXEONexeo Solutions, Inc.$219.28Mprior reported value-25.53M shares-100.0%EXPEExpedia Group, Inc.$165.00Mprior reported value-1.46M shares-100.0%ESLEsterline Technologies Corp$18.33Mprior reported value-150.9K shares-100.0%RDCRowan Companies Plc$10.15Mprior reported value-1.21M shares