Portfolio holdings of First Pacific Advisors. First Pacific Advisors stock picks:. Stock Holdings page.
First Pacific Advisors
Period: Q4 2025
Portfolio date: 31 Dec 2025
No. of stocks: 61
Portfolio value: $7,454,849,000
| History | Stock | % of Portfolio |
RecentActivity | Shares | ReportedPrice* | Value | Current Price |
+/-Reported Price |
52Week Low |
52Week High |
|
| ≡ | GOOGL - Alphabet Inc. | 8.03 | Reduce 21.09% | 1,911,429 | $313.00 | $598,277,000 | $338.84 | 8.26% | $147.33 | $348.75 | |
| ≡ | ADI - Analog Devices | 6.82 | Reduce 6.03% | 1,874,867 | $271.20 | $508,464,000 | $381.96 | 40.84% | $172.57 | $385.46 | |
| ≡ | META - Meta Platforms Inc. | 6.22 | Reduce 1.25% | 702,121 | $660.09 | $463,463,000 | $675.36 | 2.31% | $484.85 | $794.38 | |
| ≡ | GOOG - Alphabet Inc. CL C | 5.68 | Reduce 9.04% | 1,349,592 | $313.80 | $423,502,000 | $337.13 | 7.43% | $148.98 | $349.90 | |
| ≡ | C - Citigroup Inc. | 5.49 | Reduce 7.20% | 3,506,931 | $116.69 | $409,224,000 | $129.54 | 11.01% | $61.90 | $135.29 | |
| ≡ | TEL - TE Connectivity plc | 5.43 | Reduce 16.01% | 1,779,970 | $227.51 | $404,961,000 | $218.89 | -3.79% | $127.75 | $252.56 | |
| ≡ | BDX - Becton Dickinson | 5.08 | Add 108.41% | 1,951,246 | $194.07 | $378,678,000 | $155.11 | -20.08% | $125.44 | $186.16 | |
| ≡ | IFF - International Flavors & Fragrances Inc. | 4.81 | Add 8.61% | 5,326,041 | $67.39 | $358,922,000 | $71.17 | 5.61% | $58.43 | $83.95 | |
| ≡ | AMZN - Amazon.com Inc. | 4.37 | Reduce 1.75% | 1,411,199 | $230.82 | $325,733,000 | $254.46 | 10.24% | $169.35 | $258.60 | |
| ≡ | CMCSA - Comcast Corp. | 3.37 | Reduce 25.26% | 8,399,831 | $29.89 | $251,071,000 | $29.40 | -1.64% | $23.62 | $33.03 | |
| ≡ | AON - Aon Plc | 3.11 | Add 0.32% | 656,531 | $352.88 | $231,677,000 | $325.49 | -7.76% | $304.59 | $378.56 | |
| ≡ | FERG - Ferguson Enterprises Inc. | 2.65 | Reduce 3.19% | 887,120 | $222.63 | $197,500,000 | $261.41 | 17.42% | $158.91 | $270.63 | |
| ≡ | AMRZ - Amrize Ltd | 2.47 | Buy | 3,408,072 | $54.08 | $184,309,000 | $56.43 | 4.35% | $44.12 | $65.94 | |
| ≡ | ICLR - ICON plc | 2.40 | Add 0.66% | 980,804 | $182.22 | $178,722,000 | $115.47 | -36.63% | $66.57 | $211.00 | |
| ≡ | FBIN - Fortune Brands Innovations Inc. | 2.36 | Add 22.97% | 3,524,498 | $50.02 | $176,295,000 | $40.55 | -18.93% | $36.07 | $64.53 | |
| ≡ | NXPI - NXP Semiconductors NV | 2.23 | Add 0.17% | 766,330 | $217.06 | $166,340,000 | $227.42 | 4.77% | $168.95 | $255.04 | |
| ≡ | JEF - Jefferies Financial Group Inc. | 2.14 | 2,580,283 | $61.97 | $159,900,000 | $46.90 | -24.32% | $35.53 | $70.00 | ||
| ≡ | MTN - Vail Resorts Inc. | 1.94 | Add 7.38% | 1,087,702 | $132.80 | $144,447,000 | $129.98 | -2.12% | $123.82 | $164.98 | |
| ≡ | LPLA - LPL Financial Holdings Inc. | 1.86 | Reduce 12.65% | 387,412 | $357.17 | $138,372,000 | $328.18 | -8.12% | $281.51 | $402.53 | |
| ≡ | LBRDK - Liberty Broadband Corp. CL C | 1.74 | Buy | 2,669,348 | $48.60 | $129,730,000 | $56.80 | 16.87% | $42.10 | $97.16 | |
| ≡ | NOV - Nov Inc. | 1.70 | Add 1.85% | 8,093,810 | $15.63 | $126,506,000 | $19.76 | 26.42% | $11.01 | $20.75 | |
| ≡ | TMO - Thermo Fisher Scientific | 1.70 | Add 1.69% | 218,572 | $579.45 | $126,652,000 | $517.49 | -10.69% | $384.44 | $643.35 | |
| ≡ | BIO - Bio-Rad Laboratories Inc. | 1.63 | Add 1.79% | 401,457 | $302.99 | $121,637,000 | $299.99 | -0.99% | $211.43 | $343.12 | |
| ≡ | MAR - Marriott Int'l. | 1.62 | Reduce 13.51% | 389,857 | $310.24 | $120,949,000 | $367.93 | 18.60% | $214.94 | $380.00 | |
| ≡ | KMX - CarMax Inc. | 1.52 | Add 17.84% | 2,924,081 | $38.64 | $112,986,000 | $39.55 | 2.36% | $30.26 | $71.99 | |
| ≡ | KMI - Kinder Morgan | 1.50 | Add 1.83% | 4,076,504 | $27.49 | $112,063,000 | $31.96 | 16.26% | $24.95 | $34.73 | |
| ≡ | WFC - Wells Fargo | 1.39 | Reduce 14.08% | 1,109,828 | $93.20 | $103,436,000 | $80.65 | -13.47% | $63.34 | $97.28 | |
| ≡ | CHTR - Charter Communications | 1.29 | Reduce 28.57% | 461,525 | $208.75 | $96,343,000 | $243.43 | 16.61% | $180.38 | $437.06 | |
| ≡ | WAB - WABTEC Corp. | 1.27 | Add 1.81% | 444,548 | $213.45 | $94,889,000 | $264.00 | 23.68% | $167.99 | $275.84 | |
| ≡ | NATL - NCR Atleos Corp. | 1.04 | 2,040,700 | $38.11 | $77,771,000 | $45.43 | 19.21% | $23.56 | $48.50 | ||
| ≡ | UBER - Uber Technologies Inc. | 1.04 | Add 1.96% | 953,263 | $81.71 | $77,891,000 | $75.50 | -7.60% | $68.46 | $101.99 | |
| ≡ | DEI - Douglas Emmett Inc. | 0.96 | Add 22.40% | 6,528,956 | $10.99 | $71,753,000 | $10.52 | -4.28% | $8.93 | $16.16 | |
| ≡ | VNO - Vornado Realty Trust | 0.75 | 1,676,513 | $33.28 | $55,794,000 | $29.02 | -12.80% | $24.57 | $42.43 | ||
| ≡ | VYX - NCR Voyix Corp. | 0.69 | Add 28.89% | 5,038,208 | $10.20 | $51,390,000 | $6.98 | -31.57% | $6.02 | $14.67 | |
| ≡ | DELL - Dell Technologies Inc. | 0.65 | Reduce 8.49% | 382,985 | $125.88 | $48,210,000 | $215.13 | 70.90% | $81.48 | $216.60 | |
| ≡ | AVTR - Avantor Inc. | 0.61 | Reduce 2.51% | 3,968,620 | $11.46 | $45,480,000 | $8.34 | -27.23% | $7.27 | $16.17 | |
| ≡ | AVGO - Broadcom Inc. | 0.40 | Reduce 24.94% | 86,111 | $346.10 | $29,803,000 | $420.31 | 21.44% | $163.89 | $420.31 | |
| ≡ | GPOR - Gulfport Energy Corp. | 0.36 | Reduce 25.83% | 127,434 | $207.99 | $26,505,000 | $187.77 | -9.72% | $160.95 | $225.78 | |
| ≡ | MICC - Magnum Ice Cream Co NV | 0.36 | Buy | 1,697,675 | $15.85 | $26,908,000 | $13.11 | -17.29% | $13.11 | $19.93 | |
| ≡ | SATS - EchoStar Corp. | 0.35 | Reduce 50.31% | 238,933 | $108.70 | $25,972,000 | $121.33 | 11.62% | $14.90 | $137.44 | |
| ≡ | PCG - PG&E Corp. | 0.25 | Add 1.87% | 1,142,167 | $16.07 | $18,355,000 | $16.85 | 4.85% | $12.87 | $19.10 | |
| ≡ | RUSHA - Rush Enterprises Inc. | 0.11 | Reduce 6.91% | 148,094 | $53.94 | $7,988,000 | $73.88 | 36.97% | $45.38 | $75.87 | |
| ≡ | STGW - Stagwell Inc. | 0.08 | 1,191,918 | $4.89 | $5,828,000 | $6.99 | 42.94% | $4.03 | $7.52 | ||
| ≡ | TDW - Tidewater Inc. | 0.06 | 94,961 | $50.50 | $4,796,000 | $84.92 | 68.16% | $32.64 | $89.00 | ||
| ≡ | LAUR - Laureate Education Inc. | 0.05 | Reduce 53.02% | 101,485 | $33.67 | $3,417,000 | $33.32 | -1.04% | $18.77 | $37.91 | |
| ≡ | SGOV - Ishares 0 3 Month Treasury B | 0.05 | Add 11.66% | 40,837 | $100.37 | $4,099,000 | $100.60 | 0.23% | $96.69 | $100.60 | |
| ≡ | ALGT - Allegiant Travel Company | 0.04 | 34,186 | $85.27 | $2,915,000 | $80.88 | -5.15% | $39.80 | $118.00 | ||
| ≡ | MRVI - Maravai LifeSciences Holdings Inc. | 0.04 | 884,883 | $3.25 | $2,876,000 | $3.70 | 13.85% | $1.78 | $4.11 | ||
| ≡ | PDLB - Ponce Financial Group Inc. | 0.04 | 181,562 | $16.35 | $2,969,000 | $17.42 | 6.54% | $11.15 | $18.05 | ||
| ≡ | VT - Vanguard Tot World Stk ETF | 0.04 | Add 9.90% | 19,743 | $141.06 | $2,785,000 | $149.92 | 6.28% | $108.51 | $151.44 | |
| ≡ | DAR - Darling Ingredients Inc. | 0.03 | 52,447 | $36.00 | $1,888,000 | $60.16 | 67.11% | $28.32 | $64.90 | ||
| ≡ | OEC - Orion SA | 0.03 | 417,388 | $5.28 | $2,204,000 | $7.19 | 36.17% | $4.31 | $12.69 | ||
| ≡ | PBFS - Pioneer Bancorp Inc. | 0.03 | 166,974 | $13.48 | $2,251,000 | $14.29 | 6.01% | $10.86 | $15.18 | ||
| ≡ | RSVR - Reservoir Media Inc. | 0.03 | 329,066 | $7.57 | $2,491,000 | $10.10 | 33.42% | $6.87 | $10.32 | ||
| ≡ | ASLE - Aersale Corp | 0.02 | 208,726 | $7.11 | $1,484,000 | $6.83 | -3.94% | $5.56 | $9.12 | ||
| ≡ | EBC - Eastern Bankshares Inc. | 0.02 | 85,883 | $18.43 | $1,583,000 | $20.26 | 9.93% | $13.80 | $22.42 | ||
| ≡ | NFLX - Netflix Inc. | 0.02 | 16,400 | $93.78 | $1,538,000 | $93.27 | -0.54% | $75.01 | $134.12 | ||
| ≡ | PARR - Par Pacific Holdings | 0.02 | Reduce 21.98% | 43,716 | $35.14 | $1,536,000 | $64.46 | 83.44% | $13.61 | $67.39 | |
| ≡ | UPWK - Upwork Inc. | 0.02 | Reduce 45.58% | 57,081 | $19.81 | $1,131,000 | $11.32 | -42.86% | $10.27 | $22.84 | |
| ≡ | HYBB - Ishares Bb Rated Corp Bond | 0.00 | Buy | 286 | $45.45 | $13,000 | $46.94 | 3.28% | $42.76 | $47.19 | |
| ≡ | UNIT - Uniti Group Inc. | 0.00 | 25,235 | $7.01 | $177,000 | $11.86 | 69.19% | $5.30 | $12.04 |
* Reported Price is the price of the security as of the portfolio date. This value is significant in that it is the last known price at which the security was still held.
Sector % analysis
| Technology | 33.39 | |
| Financials | 14.83 | |
| Consumer Discretionary | 10.95 | |
| Health Care | 9.22 | |
| Materials | 8.30 | |
| Information Technology | 6.82 | |
| Energy | 3.26 | |
| Services | 3.26 | |
| Industrial Goods | 2.68 | |
| Consumer Goods | 2.36 | |
| Consumer Cyclical | 1.94 | |
| Industrials | 1.31 | |
| Real Estate | 0.96 | |
| Consumer Staples | 0.36 | |
| Utilities | 0.25 | |
| 0.09 | ||
| Communication Services | 0.03 |
Articles & Commentaries
05 Feb 2026 FPA Crescent Fund 4Q 2025 Commentary
10 Jul 2024 Interview with Steve Scruggs, Portfolio Manager of the FPA Queens Road Small Cap Value Fund
01 Nov 2022 FPA Crescent Fund Q3 2022 Commentary
19 Sep 2022 FPA Queens Road Small Cap Value's Steve Scruggs discusses his approach to value investing
29 Jul 2022 FPA Crescent Fund Q2 2022 Market Commentary
03 May 2022 FPA Crescent Fund Q1 2022 Market Commentary
01 Feb 2022 FPA Crescent Fund Q4 2021 Market Commentary
25 Oct 2021 FPA Crescent Fund Q3 2021 Market Commentary
28 Jul 2021 FPA Crescent Fund Q2 2021 Market Commentary
15 May 2021 WealthTrack interview with Steven Romick
28 Oct 2020 FPA Capital Fund Q3 2020 Market Commentary
28 Oct 2020 FPA Crescent Fund Q3 2020 Market Commentary
10 Apr 2020 FPA Crescent Fund Conference Call Transcript
28 Jan 2020 FPA Capital Fund Q4 2019 Commentary
31 Oct 2019 FPA Crescent Fund Q3 2019 Market Commentary
28 Oct 2019 FPA Capital Fund Q3 2019 Market Commentary
29 Jul 2019 FPA Crescent Fund Q2 2019 Market Commentary
29 Jul 2019 FPA Capital Fund Q2 2019 Market Commentary
02 May 2019 FPA Capital Fund Q1 2018 Commentary
11 Feb 2019 FPA: Risk is where you're not looking
07 Feb 2019 FPA Crescent Fund Q4 2018 Commentary
01 Feb 2019 FPA Capital Fund Q4 2018 Commentary