N-PORT filing recap · September 2024
What did FPA Crescent Fund buy in September 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
$6.28B
Positions
67
Estimated turnover
11.0%
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.
Period in review
FPA Crescent Fund opened new positions in Pernod Ricard, Orion Corp, Echostar Corporation, and Fortune Brands Innovations. It exited a long list of holdings, including American Oncology Network, Bigbear.ai Holdings, Firstenergy Corp, Alibaba Group, and Entain. Among existing positions, the fund trimmed Holcim, Jefferies Financial Group, and Howmet Aerospace, while adding to Heineken Holding, Nintendo, and JDE Peet’s. It also sharply increased its Broadcom and Eurofins Scientific stakes.