13F filing recap · Q4 2019

What did First Pacific Advisors buy in Q4 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

$10.27B

Positions

125

Estimated turnover

15.1%

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

OIO-I Glass, Inc.$119.26Mreported value+10.00M shares PIImpinj, Inc.$3.52Mreported value+136.3K shares THSTreehouse Foods Inc$2.52Mreported value+52.0K shares VNOMViper Energy, Inc.$2.24Mreported value+90.9K shares CBRECbre Group, Inc.$236.0Kreported value+3.9K shares

Increased positions

GOOGLAlphabet Inc.$430.38Mreported value+5.5K shares+1.8%WFCWells Fargo & Company/mn$373.80Mreported value+83.8K shares+1.2%TELTe Connectivity Plc$362.48Mreported value+48.8K shares+1.3%ALLYAlly Financial Inc.$198.80Mreported value+112.1K shares

Reduced positions

HWMHowmet Aerospace Inc.$698.97Mreported value-2.24M shares-9.0%AIGAmerican International Group, Inc.$680.80Mreported value-153.5K shares-1.1%ADIAnalog Devices, Inc.$469.21Mreported value-66.6K shares-1.7%CMCSAComcast Corporation$468.00Mreported value-97.0K shares

Exited positions

MYLMylan N.v.$160.49Mprior reported value-8.11M shares-100.0%AABAAltaba Inc$141.71Mprior reported value-7.27M shares-100.0%OIO-I Glass, Inc.$103.75Mprior reported value-10.10M shares-100.0%AVTAvnet, Inc.$4.45Mprior reported value-99.9K shares