13F filing recap · Q2 2020

What did First Pacific Advisors buy in Q2 2020?

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

$7.21B

Positions

139

Estimated turnover

32.2%

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.$204.15Mreported value+12.88M shares AONAon Plc$171.13Mreported value+888.5K shares OTISOtis Worldwide Corporation$65.02Mreported value+1.14M shares UPWKUpwork Inc.$4.85Mreported value+335.8K shares DLTRDollar Tree, Inc.$3.64Mreported value+39.2K shares BRMKBroadmark Realty Capital Inc.$3.03Mreported value+319.5K shares VNOVornado Realty Trust$1.96Mreported value+51.4K shares FHBFirst Hawaiian, Inc.$1.85Mreported value+107.1K shares EEFTEuronet Worldwide, Inc.$1.01Mreported value+10.5K shares INTCIntel Corp$580.0Kreported value+9.7K shares LOWLowe’s Companies, Inc.$540.0Kreported value+4.0K shares LAMRLamar Advertising Co/new$355.0Kreported value+5.3K shares MCDMcdonald’s Corporation$346.0Kreported value+1.9K shares WDAYWorkday, Inc.$287.0Kreported value+1.5K shares QCOMQualcomm Inc/de$262.0Kreported value+2.9K shares SBUXStarbucks Corporation$221.0Kreported value+3.0K shares MTCHMatch Group, Inc.$209.0Kreported value+1.9K shares OMCLOmnicell, Inc.$187.0Kreported value+2.6K shares INFOIhs Markit Ltd.$185.0Kreported value+2.5K shares STZConstellation Brands, Inc.$184.0Kreported value+1.1K shares SPGIS&P Global Inc.$181.0Kreported value+550 shares MCOMoody’s Corporation$179.0Kreported value+650 shares ELEstee Lauder Companies Inc$175.0Kreported value+925 shares TWTRTwitter Inc.$173.0Kreported value+5.8K shares BXBlackstone Inc.$170.0Kreported value+3.0K shares ILMNIllumina, Inc.$141.0Kreported value+380 shares LPSNLiveperson Inc$95.0Kreported value+2.3K shares TSLATesla, Inc.$92.0Kreported value+85 shares AKAMAkamai Technologies, Inc.$91.0Kreported value+850 shares CRWDCrowdstrike Holdings, Inc.$70.0Kreported value+700 shares RHPRyman Hospitality Properties, Inc.$3.0Kreported value+100 shares

Increased positions

CCitigroup Inc$273.77Mreported value+20.3K shares+0.4%BKNGBooking Holdings Inc.$236.10Mreported value+15.8K shares+11.9%WABWestinghouse Air Brake Technologies Corporation$163.46Mreported value+219.6K shares+8.4%MARMarriott International Inc /md/$112.24Mreported value+808.2K shares

Reduced positions

CMCSAComcast Corporation$459.27Mreported value-585.2K shares-4.7%AIGAmerican International Group, Inc.$416.85Mreported value-380.9K shares-2.8%AVGOBroadcom Inc.$415.93Mreported value-280.8K shares-17.6%GOOGAlphabet Inc.$387.48Mreported value-48.1K shares

Exited positions

UTXRtx Corporation$214.10Mprior reported value-2.27M shares-100.0%HWMHowmet Aerospace Inc.$210.75Mprior reported value-13.12M shares-100.0%JDJd.com, Inc.$131.55Mprior reported value-3.25M shares-100.0%DDDupont De Nemours, Inc.$124.91Mprior reported value-3.66M shares