First Pacific Advisors, L.P. 13F annual report
First Pacific Advisors, L.P. is an investment fund managing more than $7.26 trillion ran by J. Atwood. There are currently 52 companies in Atwood’s portfolio. The largest investments include Alphabet Inc and Analog Devices, together worth $1.45 trillion.
$7.26 trillion Assets Under Management (AUM)
As of 26th July 2024, First Pacific Advisors, L.P.’s top holding is 5,268,703 shares of Alphabet Inc currently worth over $962 billion and making up 13.3% of the portfolio value.
Relative to the number of outstanding shares of Alphabet Inc, First Pacific Advisors, L.P. owns more than approximately 0.1% of the company.
In addition, the fund holds 2,150,042 shares of Analog Devices worth $491 billion, whose value grew 14.0% in the past six months.
The third-largest holding is Meta Platforms Inc worth $484 billion and the next is Citigroup Inc worth $435 billion, with 6,849,991 shares owned.
Currently, First Pacific Advisors, L.P.'s portfolio is worth at least $7.26 trillion. The total portfolio value may be much higher due to cash
assets that are not publicly disclosed such as fixed income, real estate, or cash equivalents.
Careers at First Pacific Advisors, L.P.
The First Pacific Advisors, L.P. office and employees reside in Los Angeles, California. According to the last 13-F report filed with the SEC, J. Atwood serves as the Director of General Partner at First Pacific Advisors, L.P..
Recent trades
In the most recent 13F filing, First Pacific Advisors, L.P. revealed that it had opened a new position in
Vail Resorts and bought 346,784 shares worth $62.5 billion.
This means they effectively own approximately 0.1% of the company.
Vail Resorts makes up
10.8%
of the fund's Consumer Discretionary sector allocation and has decreased its share price by 23.9% in the past year.
The investment fund also strengthened its position in Analog Devices by buying
9,922 additional shares.
This makes their stake in Analog Devices total 2,150,042 shares worth $491 billion.
Analog Devices soared 13.7% in the past year.
On the other hand, there are companies that First Pacific Advisors, L.P. is getting rid of from its portfolio.
First Pacific Advisors, L.P. closed its position in Paramount Inc on 2nd August 2024.
It sold the previously owned 441,550 shares for $2.07 billion.
J. Atwood also disclosed a decreased stake in Alphabet Inc by approximately 0.1%.
This leaves the value of the investment at $962 billion and 5,268,703 shares.
One of the largest hedge funds
The two most similar investment funds to First Pacific Advisors, L.P. are Atria Investments, Inc and Mondrian Investment Partners Ltd. They manage $7.26 trillion and $7.28 trillion respectively.
J. Atwood investment strategy
First Pacific Advisors, L.P.’s portfolio is diversified across 13 sectors.
Currently, their heaviest sector is Technology — making up 36.6% of
the total portfolio value.
The fund focuses on investments in the United States as
50.0% of the portfolio companies
are based in the United States.
The majority of the companies in the fund’s portfolio are large-cap stocks.
Stocks with a size of more than $10 billion in market cap make up
33% of the total holdings value.
On the other hand, small-cap stocks make up only 1.9% of the portfolio.
The average market cap of the portfolio companies is close to $84.6 billion.
The complete list of First Pacific Advisors, L.P. trades based on 13F SEC filings
These positions were updated on August 2nd based on the fund’s latest 13F filing. Quickly find out what the most recently closed or increased positions are.
| Security | Shares Owned | Value | Allocation |
|---|---|---|---|
| Alphabet Inc |
1.34%
5,268,703
|
$962,371,776,000 | 13.25% |
| Analog Devices Inc. |
0.46%
2,150,042
|
$490,768,587,000 | 6.76% |
| Meta Platforms Inc |
6.53%
959,290
|
$483,693,204,000 | 6.66% |
| Citigroup Inc |
2.06%
6,849,991
|
$434,700,429,000 | 5.99% |
| Comcast Corp New |
2.07%
10,818,009
|
$423,633,232,000 | 5.83% |
| TE Connectivity Ltd |
0.13%
2,780,083
|
$418,207,886,000 | 5.76% |
| International Flavors&fragra |
2.05%
4,011,307
|
$381,916,539,000 | 5.26% |
| Amazon.com Inc. |
1.07%
1,657,154
|
$320,245,011,000 | 4.41% |
| Wells Fargo Co New |
2.10%
5,278,666
|
$313,499,974,000 | 4.32% |
| Jefferies Finl Group Inc |
0.19%
5,410,210
|
$269,212,050,000 | 3.71% |
| Aon plc. |
2.08%
736,821
|
$216,315,909,000 | 2.98% |
| Nxp Semiconductors N V |
0.19%
797,374
|
$214,565,370,000 | 2.95% |
| Ferguson Plc New |
1.44%
1,104,289
|
$213,845,565,000 | 2.95% |
| Charter Communications Inc N |
2.04%
612,604
|
$183,144,092,000 | 2.52% |
| Carmax Inc |
2.02%
2,386,210
|
$175,004,641,000 | 2.41% |
| Kinder Morgan Inc |
2.03%
8,198,954
|
$162,913,216,000 | 2.24% |
| Marriott Intl Inc New |
2.08%
613,205
|
$148,254,573,000 | 2.04% |
| Broadcom Inc |
40.24%
84,915
|
$136,333,580,000 | 1.88% |
| Firstenergy Corp. |
1.99%
3,557,667
|
$136,151,916,000 | 1.88% |
| Lpl Finl Hldgs Inc |
0.19%
458,938
|
$128,181,383,000 | 1.77% |
| Icon Plc |
1.73%
356,670
|
$111,805,345,000 | 1.54% |
| Uber Technologies Inc |
2.16%
1,435,399
|
$104,324,799,000 | 1.44% |
| Wabtec |
12.67%
637,869
|
$100,815,195,000 | 1.39% |
| Howmet Aerospace Inc. |
29.32%
1,203,062
|
$93,393,703,000 | 1.29% |
| Douglas Emmett Inc |
0.22%
5,532,213
|
$73,633,755,000 | 1.01% |
| Gulfport Energy Corp. |
12.35%
479,332
|
$72,379,132,000 | 1.00% |
| Ncr Atleos Corporation |
0.17%
2,405,968
|
$65,009,255,000 | 0.90% |
| Netflix Inc. |
16.10%
92,759
|
$62,601,194,000 | 0.86% |
| Vail Resorts Inc. |
Opened
346,784
|
$62,466,202,000 | 0.86% |
| Dell Technologies Inc |
No change
432,226
|
$59,608,288,000 | 0.82% |
| Vornado Rlty Tr |
0.19%
1,929,145
|
$50,717,222,000 | 0.70% |
| Bio Rad Labs Inc |
53.29%
160,552
|
$43,848,357,000 | 0.60% |
| Ncr Voyix Corporation |
31.31%
3,455,892
|
$42,680,266,000 | 0.59% |
| PG&E Corp. |
2.01%
1,147,568
|
$20,036,537,000 | 0.28% |
| Herbalife Ltd |
0.19%
1,829,405
|
$19,007,518,000 | 0.26% |
| Laureate Education Inc |
1.80%
799,146
|
$11,939,241,000 | 0.16% |
| Tidewater Inc. |
14.20%
99,461
|
$9,469,682,000 | 0.13% |
| Rush Enterprises Inc |
No change
183,942
|
$7,701,652,000 | 0.11% |
| Orion S.A |
No change
318,477
|
$6,987,385,000 | 0.10% |
| Stagwell Inc |
1.85%
994,033
|
$6,779,305,000 | 0.09% |
| Colliers Intl Group Inc |
1.38%
43,000
|
$4,800,950,000 | 0.07% |
| Vanguard Intl Equity Index F |
25.66%
28,400
|
$3,198,692,000 | 0.04% |
| IAC Inc |
No change
48,346
|
$2,265,010,000 | 0.03% |
| Paramount Group Inc |
Closed
441,550
|
$2,070,870,000 | |
| Par Pac Holdings Inc |
No change
71,812
|
$1,813,253,000 | 0.02% |
| Allegiant Travel |
10.41%
34,186
|
$1,717,163,000 | 0.02% |
| Enstar Group Limited |
No change
5,585
|
$1,707,335,000 | 0.02% |
| Eastern Bankshares, Inc. |
No change
121,689
|
$1,701,212,000 | 0.02% |
| Pioneer Bancorp Inc Md |
217.27%
166,974
|
$1,671,410,000 | 0.02% |
| Ponce Financial Group Inc |
No change
181,562
|
$1,659,477,000 | 0.02% |
| Upwork Inc |
No change
104,881
|
$1,127,471,000 | 0.02% |
| Metals Acquisition Limited |
Opened
66,447
|
$909,659,000 | 0.01% |
| Powerup Acquisition Corp |
Closed
56,966
|
$628,335,000 | |
| Sotera Health Co |
Opened
45,480
|
$539,848,000 | 0.01% |
| No transactions found | |||
| Showing first 500 out of 54 holdings | |||
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