13F filing recap · Q1 2023

What did First Pacific Advisors buy in Q1 2023?

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

$6.33B

Positions

140

Estimated turnover

11.4%

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

VTSVitesse Energy, Inc.$12.07Mreported value+634.2K shares CVIIChurchill Capital Corp VII$7.52Mreported value+741.8K shares DEIDouglas Emmett, Inc.$6.19Mreported value+501.9K shares LAURLaureate Education, Inc.$5.24Mreported value+445.4K shares ACABAtlantic Coastal Acquisition Corp II$4.05Mreported value+389.6K shares CXACC5 Acquisition Corporation$3.11Mreported value+297.6K shares PGREParamount Group Inc$2.78Mreported value+609.7K shares VYXNcr Voyix Corporation$2.51Mreported value+106.4K shares LCALandcadia Holdings IV Inc$1.23Mreported value+122.8K shares ACNAccenture Plc$285.8Kreported value+1.0K shares CSXCsx Corporation$269.5Kreported value+9.0K shares NIOBWNiocorp Developments Ltd.$172.0Kreported value+259.2K shares AAC.WSAres Acquisition Corp III$104.4Kreported value+118.6K shares SLMWFSlam Corp.$49.3Kreported value+214.2K shares SCAQStratim Cloud Acquisition Corp$48.3Kreported value+268.6K shares PLMIWPlum Acquisition Corp. I$44.2Kreported value+232.7K shares DISAWDisruptive Acquisition Corp I$33.1Kreported value+413.9K shares G7641C114Bpgc Acquisition Corp.$24.2Kreported value+92.4K shares TWLVTwelve Seas Investment Co Iii/cayman$19.7Kreported value+397.0K shares CVII.UChurchill Capital Corp VII$18.2Kreported value+148.4K shares SDSTStardust Power Inc.$10.9Kreported value+77.7K shares ACABWAtlantic Coastal Acquisition Corp II$9.3Kreported value+194.8K shares CXACC5 Acquisition Corporation$6.0Kreported value+148.8K shares

Increased positions

IFFInternational Flavors & Fragrances Inc$283.51Mreported value+222.8K shares+7.8%VNOVornado Realty Trust$29.86Mreported value+950.9K shares+95.8%STGWStagwell Inc$6.56Mreported value+123.0K shares+16.2%PDLBPonce Financial Group, Inc.$1.43Mreported value+29.5K shares

Reduced positions

ADIAnalog Devices, Inc.$451.54Mreported value-72.8K shares-3.1%CMCSAComcast Corporation$415.95Mreported value-246.2K shares-2.2%GOOGLAlphabet Inc.$382.81Mreported value-14.1K shares-0.4%TELTe Connectivity Plc$368.45Mreported value-14.9K shares

Exited positions

UNVRUnivar Solutions Inc$133.12Mprior reported value-4.19M shares-100.0%FRXBForest Road Acquisition Corp. II$14.97Mprior reported value-1.49M shares-100.0%ACAHAtlantic Coastal Acquisition Corp$14.93Mprior reported value-1.49M shares-100.0%BRKHBurtech Acquisition Corp II$12.65Mprior reported value