13F filing recap · Q2 2026

What did First Pacific Advisors buy in Q2 2026?

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

$7.97B

Positions

Estimated turnover

17.2%

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

DHRDanaher Corporation$107.58Mreported value+564.8K shares INTUIntuit Inc.$86.64Mreported value+332.0K shares SAPSap SE$85.60Mreported value+555.4K shares GEHCGE Healthcare Technologies Inc.$52.96Mreported value+827.4K shares FPAGFpa Global Equity ETF$5.84Mreported value+145.5K shares FPASFpa Global Equity ETF$3.63Mreported value+146.8K shares WLFCWillis Lease Finance Corporation$2.62Mreported value+11.4K shares

Increased positions

GOOGAlphabet Inc.$471.06Mreported value+48 shares+0.0%IFFInternational Flavors & Fragrances Inc$432.15Mreported value+45.2K shares+0.8%BDXBecton Dickinson & Co$319.43Mreported value+130.4K shares+6.6%AJGArthur J. Gallagher & Co.$306.77Mreported value+948.6K shares

Reduced positions

ADIAnalog Devices, Inc.$634.88Mreported value-124.6K shares-7.2%GOOGLAlphabet Inc.$503.36Mreported value-275.0K shares-16.3%CCitigroup Inc$422.24Mreported value-158.4K shares-5.0%METAMeta Platforms, Inc.$382.97Mreported value-729 shares

Exited positions

DELLDell Technologies Inc.$62.86Mprior reported value-383.0K shares-100.0%KMIKinder Morgan, Inc.$44.69Mprior reported value-1.33M shares-100.0%GLDSpdr® Gold Trust$6.02Mprior reported value-14.0K shares-100.0%FNVFranco-Nevada Corporation$1.63Mprior reported value-6.6K shares