N-PORT filing recap · December 2021

What did FPA Crescent Fund buy in December 2021?

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

$7.37B

Positions

128

Estimated turnover

12.9%

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

ATVIActivision Blizzard, Inc.$153.97Mreported value+2.31M shares AMZNAmazon.com Inc$50.47Mreported value+15.1K shares UBERUber Technologies, Inc.$49.63Mreported value+1.18M shares ACAHAtlantic Coastal Acquisition Corp$12.09Mreported value+1.24M shares PTOCPine Technology Acquisition Corp$9.52Mreported value+967.6K shares SCLEBroadscale Acquisition Corp$8.32Mreported value+837.1K shares GXIIElk Creek Resources Corp$6.29Mreported value+648.2K shares BRKHBurtech Acquisition Corp II$4.39Mreported value+438.6K shares GIIXGores Holdings VIII Inc$2.40Mreported value+235.5K shares ACAHAtlantic Coastal Acquisition Corp$256.0Kreported value+412.9K shares BBAI/WSBigbear.ai Holdings Inc$216.2Kreported value+267.0K shares SCLEWBroadscale Acquisition Corp$196.7Kreported value+209.3K shares PTOCWPine Technology Acquisition Corp$183.8Kreported value+322.5K shares VORBWVirgin Orbit Holdings Inc$132.4Kreported value+94.6K shares GXIIWNiocorp Developments Ltd.$108.0Kreported value+216.1K shares HYACHaymaker Acquisition Corp III$72.1Kreported value+7.3K shares GIIXWGores Holdings VIII Inc$59.7Kreported value+29.4K shares BBLN/WSBabylon Holdings Limited$8.4Kreported value+12.4K shares HYACHaymaker Acquisition Corp III$1.3Kreported value+1.8K shares

Increased positions

CMCSAComcast Corporation$351.27Mreported value+843.0K shares+13.7%HOLNHolcim AG$282.56Mreported value+346.7K shares+6.7%PRXProsus N.v.$203.45Mreported value+5.8K shares+0.2%JDEPJde Peet'S N.v.$124.70Mreported value+786.0K shares

Reduced positions

AVGOBroadcom Inc.$357.19Mreported value-57.3K shares-9.6%GOOGLAlphabet Inc.$347.89Mreported value-892 shares-0.7%TELTe Connectivity Plc$313.73Mreported value-7.1K shares-0.4%ADIAnalog Devices, Inc.$295.90Mreported value-102.9K shares

Exited positions

7733Olympus Corporation$54.00Mprior reported value-2.47M shares-100.0%BKNGBooking Holdings Inc.$38.86Mprior reported value-16.4K shares-100.0%MGGTMeggitt Plc$31.97Mprior reported value-3.24M shares-100.0%ACAHUAtlantic Coastal Acquisition Corp$12.24Mprior reported value-1.24M shares