N-PORT filing recap · March 2022

What did FPA Crescent Fund buy in March 2022?

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

$7.01B

Positions

136

Estimated turnover

15.3%

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

NFLXNetflix, Inc.$101.79Mreported value+271.7K shares HLFHerbalife Ltd.$28.38Mreported value+934.9K shares DHERDelivery Hero SE$24.05Mreported value+551.8K shares PONDAngel Pond Holdings Corporation$9.36Mreported value+948.2K shares ACABUAtlantic Coastal Acquisition Corp II$3.21Mreported value+320.9K shares CXAC.UC5 Acquisition Corporation$2.48Mreported value+245.1K shares SPKBSilver Spike Acquisition Corp II$1.28Mreported value+130.8K shares PWUPUAspire Biopharma Holdings, Inc.$471.5Kreported value+46.9K shares PONDAngel Pond Holdings Corporation$213.7Kreported value+316.1K shares HLGNWHeliogen Inc$121.6Kreported value+98.8K shares SPKBSilver Spike Acquisition Corp II$10.1Kreported value+32.7K shares GSRMUBitcoin Depot Inc$4.3Kreported value+425 shares

Increased positions

CMCSAComcast Corporation$331.85Mreported value+108.4K shares+1.6%CHTRCharter Communications, Inc.$214.60Mreported value+2.4K shares+0.6%METAMeta Platforms, Inc.$211.26Mreported value+54.3K shares+6.1%AMZNAmazon.com Inc$176.94Mreported value+39.1K shares

Reduced positions

AIGAmerican International Group, Inc.$304.25Mreported value-348.0K shares-6.7%AVGOBroadcom Inc.$273.04Mreported value-103.2K shares-19.2%TELTe Connectivity Plc$246.64Mreported value-61.5K shares-3.2%GLENGlencore Plc$240.27Mreported value-9.14M shares

Exited positions

9984Softbank Group Corp$92.73Mprior reported value-1.96M shares-100.0%PONDAngel Pond Holdings Corporation$9.37Mprior reported value-948.2K shares-100.0%SPKBUSilver Spike Acquisition Corp II$1.30Mprior reported value-130.8K shares-100.0%9434Softbank Corp$-18.04Mprior reported value