N-PORT filing recap · December 2019

What did FPA Crescent Fund buy in December 2019?

Reported stock-position changes between this filing and the previous one. These are FPA Crescent Fund's own holdings, not the firm's.

Stock value

$7.90B

Positions

Estimated turnover

21.1%

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

IVViShares Trust$244.99Mreported value+757.9K shares IWBiShares Trust$219.78Mreported value+1.23M shares VFHVanguard Information Technology ETF$152.69Mreported value+2.00M shares IYFiShares Trust$149.88Mreported value+1.09M shares OIO-I Glass, Inc.$107.46Mreported value+9.01M shares 021ESC017Altaba Inc$96.03Mreported value+4.76M shares BABAAlibaba Group Holding Limited$69.69Mreported value+328.6K shares VPUVanguard Information Technology ETF$68.35Mreported value+478.3K shares

Reduced positions

ARNCArconic Corporation$495.22Mreported value-1.88M shares-10.4%AIGAmerican International Group, Inc.$486.94Mreported value-255.9K shares-2.6%ADIAnalog Devices, Inc.$354.71Mreported value-113.3K shares-3.7%AVGOBroadcom Inc.$343.40Mreported value-94.7K shares

Exited positions

MYLMylan N.v.$123.87Mprior reported value-6.26M shares-100.0%AABAAltaba Inc$92.65Mprior reported value-4.76M shares-100.0%OIO-I Glass, Inc.$92.51Mprior reported value-9.01M shares-100.0%DHCBWDitech Holding Corporation$1.7Kprior reported value-341.9K shares