Q4 2025 · 13F-HR
First Pacific Advisors, LPholdings as filed
Filed 2026-02-17 · accession 0001377581-26-000002
$7.60B
Reported value
64
Positions
2025-12-31
Period end
The Brief · First Pacific Advisors, LP · Q4 2025
AI · grounded in 13F
First Pacific Advisors, LP established a new position in AMRZ valued at $184.3M. The fund also opened a new stake in LBRDK for $129.7M and increased its holding in BDX by 108.4%. On the sell side, the fund closed its position in HWM, reducing its exposure by $63.9M. Other reductions included trimming shares of CHTR by 28.6% and CMCSA by 25.3%.
Holdings as filed
| CUSIP | Ticker | Issuer | Value | % port. | Shares | Class | Voting |
|---|---|---|---|---|---|---|---|
| 02079K305 | GOOGL | ALPHABET INC | $598.3M | 7.88% | 1,911,429 | Common | SHARED |
| 032654105 | ADI | ANALOG DEVICES INC | $508.5M | 6.69% | 1,874,867 | Common | SHARED |
| 30303M102 | META | META PLATFORMS INC | $463.5M | 6.10% | 702,121 | Common | SHARED |
| 02079K107 | GOOG | ALPHABET INC | $423.5M | 5.58% | 1,349,592 | Common | SHARED |
| 172967424 | C | CITIGROUP INC | $409.2M | 5.39% | 3,506,931 | Common | SHARED |
| G87052109 | TEL | TE CONNECTIVITY PLC | $405.0M | 5.33% | 1,779,970 | Common | SHARED |
| 075887109 | BDX | BECTON DICKINSON & CO | $378.7M | 4.99% | 1,951,246 | Common | SHARED |
| 459506101 | IFF | INTERNATIONAL FLAVORS&FRAGRA | $358.9M | 4.73% | 5,326,041 | Common | SHARED |
| 023135106 | AMZN | AMAZON COM INC | $325.7M | 4.29% | 1,411,199 | Common | SHARED |
| 20030N101 | CMCSA | COMCAST CORP NEW | $251.1M | 3.31% | 8,399,831 | Common | SHARED |
| G0403H108 | AON | AON PLC | $231.7M | 3.05% | 656,531 | Common | SHARED |
| 31488V107 | FERG | FERGUSON ENTERPRISES INC | $197.5M | 2.60% | 887,120 | Common | SHARED |
| H2927K103 | AMRZ | AMRIZE LTD | $184.3M | 2.43% | 3,408,072 | Common | SHARED |
| G4705A100 | ICLR | ICON PLC | $178.7M | 2.35% | 980,804 | Common | SHARED |
| 34964C106 | FBIN | FORTUNE BRANDS INNOVATIONS I | $176.3M | 2.32% | 3,524,498 | Common | SHARED |
| N6596X109 | NXPI | NXP SEMICONDUCTORS N V | $166.3M | 2.19% | 766,330 | Common | SHARED |
| 47233W109 | JEF | JEFFERIES FINL GROUP INC | $159.9M | 2.11% | 2,580,283 | Common | SHARED |
| 91879Q109 | MTN | VAIL RESORTS INC | $144.4M | 1.90% | 1,087,702 | Common | SHARED |
| 50212V100 | LPLA | LPL FINL HLDGS INC | $138.4M | 1.82% | 387,412 | Common | SHARED |
| 278768AB2 | SATS 3.875 11/30/30 | ECHOSTAR CORP | $131.3M | 1.73% | 39,308,974 | Common | SHARED |
| 530307305 | LBRDK | LIBERTY BROADBAND CORP | $129.7M | 1.71% | 2,669,348 | Common | SHARED |
| 883556102 | TMO | THERMO FISHER SCIENTIFIC INC | $126.7M | 1.67% | 218,572 | Common | SHARED |
| 62955J103 | NOV | NOV INC | $126.5M | 1.67% | 8,093,810 | Common | SHARED |
| 090572207 | BIO | BIO RAD LABS INC | $121.6M | 1.60% | 401,457 | Common | SHARED |
| 571903202 | MAR | MARRIOTT INTL INC NEW | $120.9M | 1.59% | 389,857 | Common | SHARED |
| 143130102 | KMX | CARMAX INC | $113.0M | 1.49% | 2,924,081 | Common | SHARED |
| 49456B101 | KMI | KINDER MORGAN INC DEL | $112.1M | 1.48% | 4,076,504 | Common | SHARED |
| 949746101 | WMT2 | WELLS FARGO CO NEW | $103.4M | 1.36% | 1,109,828 | Common | SHARED |
| 16119P108 | CHTR | CHARTER COMMUNICATIONS INC N | $96.3M | 1.27% | 461,525 | Common | SHARED |
| 929740108 | WAB | WABTEC | $94.9M | 1.25% | 444,548 | Common | SHARED |
| 90353T100 | UBER | UBER TECHNOLOGIES INC | $77.9M | 1.03% | 953,263 | Common | SHARED |
| 63001N106 | NATL | NCR ATLEOS CORPORATION | $77.8M | 1.02% | 2,040,700 | Common | SHARED |
| 25960P109 | DEI | DOUGLAS EMMETT INC | $71.8M | 0.94% | 6,528,956 | Common | SHARED |
| 929042109 | VNO | VORNADO RLTY TR | $55.8M | 0.73% | 1,676,513 | Common | SHARED |
| 62886E108 | VYX | NCR VOYIX CORPORATION | $51.4M | 0.68% | 5,038,208 | Common | SHARED |
| 24703L202 | DELL | DELL TECHNOLOGIES INC | $48.2M | 0.63% | 382,985 | Common | SHARED |
| 05352A100 | AVTR | AVANTOR INC | $45.5M | 0.60% | 3,968,620 | Common | SHARED |
| 11135F101 | AVGO | BROADCOM INC | $29.8M | 0.39% | 86,111 | Common | SHARED |
| N5505D105 | MICC | MAGNUM ICE CREAM CO NV | $26.9M | 0.35% | 1,697,675 | Common | SHARED |
| 402635502 | GPOR | GULFPORT ENERGY CORP | $26.5M | 0.35% | 127,434 | Common | SHARED |
| 278768106 | SATS | ECHOSTAR CORP | $26.0M | 0.34% | 238,933 | Common | SHARED |
| 69331C108 | PCG | PG&E CORP | $18.4M | 0.24% | 1,142,167 | Common | SHARED |
| 781846209 | RUSHA | RUSH ENTERPRISES INC | $8.0M | 0.11% | 148,094 | Common | SHARED |
| 85256A109 | STGW | STAGWELL INC | $5.8M | 0.08% | 1,191,918 | Common | SHARED |
| 278768106 | SATS | ECHOSTAR CORP | $5.1M | 0.07% | 47,000 | PUT | SHARED |
| 94419LAF8 | W 1 08/15/26 | WAYFAIR INC | $4.9M | 0.06% | 4,934,000 | Common | SHARED |
| 88642R109 | TDW | TIDEWATER INC NEW | $4.8M | 0.06% | 94,961 | Common | SHARED |
| 46436E718 | SGOV | ISHARES TR | $4.1M | 0.05% | 40,837 | Common | SHARED |
| 518613203 | LAUR | LAUREATE EDUCATION INC | $3.4M | 0.04% | 101,485 | Common | SHARED |
| 732344106 | PDLB | PONCE FINANCIAL GROUP INC | $3.0M | 0.04% | 181,562 | Common | SHARED |
| 01748X102 | ALGT | ALLEGIANT TRAVEL CO | $2.9M | 0.04% | 34,186 | Common | SHARED |
| 56600D107 | MRVI | MARAVAI LIFESCIENCES HLDGS I | $2.9M | 0.04% | 884,883 | Common | SHARED |
| 922042742 | VT | VANGUARD INTL EQUITY INDEX F | $2.8M | 0.04% | 19,743 | Common | SHARED |
| 76119X105 | RSVR | RESERVOIR MEDIA INC | $2.5M | 0.03% | 329,066 | Common | SHARED |
| 723561106 | PBFS | PIONEER BANCORP INC MD | $2.3M | 0.03% | 166,974 | Common | SHARED |
| L72967109 | OEC | ORION S.A. | $2.2M | 0.03% | 417,388 | Common | SHARED |
| 237266101 | DAR | DARLING INGREDIENTS INC | $1.9M | 0.02% | 52,447 | Common | SHARED |
| 27627N105 | EBC | EASTERN BANKSHARES INC | $1.6M | 0.02% | 85,883 | Common | SHARED |
| 64110L106 | NFLX | NETFLIX INC | $1.5M | 0.02% | 16,400 | Common | SHARED |
| 69888T207 | PARR | PAR PAC HOLDINGS INC | $1.5M | 0.02% | 43,716 | Common | SHARED |
| 00810F106 | ASLE | AERSALE CORPORATION | $1.5M | 0.02% | 208,726 | Common | SHARED |
| 91688F104 | UPWK | UPWORK INC | $1.1M | 0.01% | 57,081 | Common | SHARED |
| 912932100 | UNIT | UNITI GROUP LLC | $176,897 | 0.00% | 25,235 | Common | SHARED |
| 46435U473 | HYBB | ISHARES TR | $13,479 | 0.00% | 286 | Common | SHARED |
Source: SEC EDGAR · raw 13F holdings as filed. The Class column shows the option type when reported (Put/Call) or Common when the issuer's equity is held directly. 13F discloses long positions only.