N-PORT filing recap · March 2024

What did FPA Crescent Fund buy in March 2024?

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

$6.22B

Positions

Estimated turnover

4.8%

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

SOCSable Offshore Corp.$1.33Mreported value+516.1K shares PWUPAspire Biopharma Holdings, Inc.$517.4Kreported value+46.9K shares BNAIWDhc Acquisition Corp.$20.8Kreported value+173.5K shares ASBPWAspire Biopharma Holdings, Inc.$706reported value+23.5K shares

Increased positions

HEIOHeineken Holding N.v.$172.50Mreported value+47.2K shares+2.3%JDEPJde Peet'S N.v.$93.76Mreported value+424.3K shares+10.5%GPORGulfport Energy Corporation$76.75Mreported value+1.6K shares+0.3%3659Nexon Co., Ltd.$45.67Mreported value+309.4K shares

Reduced positions

HOLNHolcim AG$353.35Mreported value-238.0K shares-5.7%METAMeta Platforms, Inc.$333.94Mreported value-40.3K shares-5.5%ADIAnalog Devices, Inc.$286.73Mreported value-6.0K shares-0.4%GOOGAlphabet Inc.$208.57Mreported value-76.8K shares

Exited positions

AIGAmerican International Group, Inc.$41.50Mprior reported value-612.6K shares-100.0%HDELYHeidelberg Materials AG$998.9Kprior reported value-11.2K shares-100.0%FLMESable Offshore Corp.$996.0Kprior reported value-516.1K shares-100.0%LCALandcadia Holdings IV Inc$12.5Kprior reported value