13F filing recap · Q2 2025
What did First Pacific Advisors buy in Q2 2025?
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
$6.88B
Positions
60
Estimated turnover
8.2%
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.
Quarter in review
First Pacific Advisors opened new positions in Thermo Fisher Scientific, Vipshop Holdings, Maravai Lifesciences, Darling Ingredients, Aersale, and Avantor, while exiting Sotera Health entirely. The firm substantially increased its ICON PLC and Echostar stakes, and dramatically added to Fortune Brands Innovations, Nov Inc., and Reservoir Media. Notable trims included Wells Fargo, Kinder Morgan, Howmet Aerospace, Uber Technologies, Gulfport Energy, and Broadcom.