Institutional
First Pacific Advisors, LP
CIK 0001377581
$7.14B
Reported AUM
85
Positions
Q1 2026
Period
2026-05-14
Filed
The Brief · First Pacific Advisors, LP · Q1 2026
AI · grounded in 13F
First Pacific Advisors, LP closed its position in Charter Communications Inc N CHTR, reducing its exposure by $96.3M. The fund established several new positions, led by a $112.6M investment in Baxter Intl Inc BAX and $84M in Gallagher Arthur J & Co AJG. Additionally, the fund increased its stake in Liberty Broadband Corp LBRDK by 73.9% and trimmed its holdings in Alphabet Inc GOOGL by 11.9%.
Portfolio · Q1 2026
Top holdings
QoQ vs Q4 2025
| # | Stock | Issuer | Price | Day % | 1Y Gr. | 5Y Gr. | Value | % of book | Δ shares (QoQ) | Status |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 | ADI | ANALOG DEVICES INC | $401.39 | -6.38% | 83.85% | 160.94% | $548.2M | 7.68% | −151,732 | −8.1% |
| 2 | GOOGL | ALPHABET INC | $368.53 | -0.98% | 112.92% | 175.80% | $484.1M | 6.78% | −227,936 | −11.9% |
| 3 | IFF | INTERNATIONAL FLAVORS&FRAGRA | $73.01 | -0.30% | -2.75% | -44.86% | $392.5M | 5.50% | +83,884 | +1.6% |
| 4 | META | META PLATFORMS INC | $593.00 | -5.51% | -14.74% | 67.74% | $389.4M | 5.45% | −21,508 | −3.1% |
| 5 | GOOG | ALPHABET INC | $365.76 | -0.95% | 109.82% | 172.71% | $382.4M | 5.36% | −16,435 | −1.2% |
| 6 | C | CITIGROUP INC | $132.47 | -1.98% | 73.11% | 132.92% | $360.1M | 5.04% | −331,719 | −9.5% |
| 7 | TEL | TE CONNECTIVITY PLC | $207.68 | -2.34% | 30.51% | 55.76% | $345.1M | 4.83% | −129,113 | −7.3% |
| 8 | BDX | BECTON DICKINSON & CO | $151.16 | 1.07% | 13.46% | -16.52% | $311.4M | 4.36% | +29,194 | +1.5% |
| 9 | AMZN | AMAZON COM INC | $246.03 | -3.06% | 15.20% | 47.87% | $295.0M | 4.13% | +5,020 | +0.4% |
| 10 | CMCSA | COMCAST CORP NEW | $23.82 | 2.10% | -23.54% | -49.62% | $246.7M | 3.46% | +192,732 | +2.3% |
| 11 | LBRDK | LIBERTY BROADBAND CORP | $30.32 | -1.91% | -64.94% | -81.40% | $233.5M | 3.27% | +1,973,262 | +73.9% |
| 12 | AON | AON PLC | $328.53 | 1.95% | -11.05% | 30.92% | $227.0M | 3.18% | +46,727 | +7.1% |
| 13 | FERG | FERGUSON ENTERPRISES INC | $229.58 | -0.44% | 10.91% | 81.16% | $190.6M | 2.67% | −70,127 | −7.9% |
| 14 | AMRZ | AMRIZE LTD | $53.58 | -1.43% | 10.41% | 5.85% | $176.3M | 2.47% | −261,689 | −7.7% |
| 15 | NXPI | NXP SEMICONDUCTORS N V | $303.75 | 2.63% | 45.22% | 56.38% | $151.4M | 2.12% | +2,585 | +0.3% |
| 16 | MTN | VAIL RESORTS INC | $135.37 | 0.72% | -4.27% | -45.96% | $150.9M | 2.11% | +88,648 | +8.2% |
| 17 | FBIN | FORTUNE BRANDS INNOVATIONS I | $39.06 | -0.66% | -22.00% | -49.27% | $147.8M | 2.07% | +267,732 | +7.6% |
| 18 | SATS 3.875 11/30/30 | ECHOSTAR CORP | — | — | — | — | $130.6M | 1.83% | −2,738,000 | −7.0% |
| 19 | KMX | CARMAX INC | $47.15 | 0.49% | -28.25% | -64.80% | $124.0M | 1.74% | +57,628 | +2.0% |
| 20 | NOV | NOV INC | $20.14 | -6.11% | 66.58% | 59.60% | $118.9M | 1.67% | −1,773,052 | −21.9% |
| 21 | BIO | BIO RAD LABS INC | $295.69 | 0.47% | 34.14% | -60.20% | $113.6M | 1.59% | +5,901 | +1.5% |
| 22 | BAX | BAXTER INTL INC | $19.38 | 0.16% | -35.41% | -72.27% | $112.6M | 1.58% | +6,700,925 | NEW |
| 23 | ICLR | ICON PLC | $149.45 | -2.19% | 7.43% | -38.57% | $109.7M | 1.54% | +10,271 | +1.0% |
| 24 | TMO | THERMO FISHER SCIENTIFIC INC | $472.80 | -1.91% | 18.07% | -11.30% | $109.1M | 1.53% | +3,324 | +1.5% |
| 25 | JEF | JEFFERIES FINANCIAL GROUP IN | $55.69 | 0.81% | 9.39% | 104.05% | $106.7M | 1.50% | +6,218 | +0.2% |
| 26 | LPLA | LPL FINL HLDGS INC | $288.49 | -1.15% | -25.56% | 109.46% | $96.5M | 1.35% | −66,788 | −17.2% |
| 27 | AJG | GALLAGHER ARTHUR J & CO | $216.14 | 2.44% | -33.38% | 63.48% | $84.0M | 1.18% | +387,687 | NEW |
| 28 | DEI | DOUGLAS EMMETT INC | $12.20 | 0.16% | -11.66% | -53.15% | $81.4M | 1.14% | +2,108,014 | +32.3% |
| 29 | WAT | WATERS CORP | $365.36 | -2.95% | 4.04% | -6.27% | $79.7M | 1.12% | +267,472 | NEW |
| 30 | MAR | MARRIOTT INTL INC NEW | $392.51 | 1.87% | 49.07% | 179.89% | $76.1M | 1.07% | −157,103 | −40.3% |
| 31 | UBER | UBER TECHNOLOGIES INC | $70.71 | -2.08% | — | — | $69.8M | 0.98% | +16,554 | +1.7% |
| 32 | WMT2 | WELLS FARGO & CO | — | — | — | — | $69.5M | 0.97% | −237,098 | −21.4% |
| 33 | WAB | WABTEC | $260.40 | -0.81% | — | — | $65.2M | 0.91% | −183,816 | −41.3% |
| 34 | AVTR | AVANTOR INC | $9.16 | -3.78% | — | — | $63.4M | 0.89% | +4,120,403 | +103.8% |
| 35 | PYPL | PAYPAL HLDGS INC | $41.29 | -3.42% | — | — | $62.9M | 0.88% | +1,391,409 | NEW |
| 36 | DELL | DELL TECHNOLOGIES INC | $394.39 | -6.55% | — | — | $62.9M | 0.88% | — | HELD |
| 37 | CNH | CNH INDL N V | $11.01 | 2.42% | — | — | $52.9M | 0.74% | +4,809,255 | NEW |
| 38 | KMI | KINDER MORGAN INC DEL | $31.68 | -0.06% | — | — | $44.7M | 0.63% | −2,743,789 | −67.3% |
| 39 | VNO | VORNADO RLTY TR | $35.21 | 0.83% | — | — | $43.7M | 0.61% | +4,088 | +0.2% |
| 40 | VYX | NCR VOYIX CORPORATION | $6.91 | -2.68% | — | — | $34.2M | 0.48% | +366,874 | +7.3% |
| 41 | MICC | MAGNUM ICE CREAM CO NV | $17.15 | 0.47% | — | — | $33.7M | 0.47% | +557,435 | +32.8% |
| 42 | PCG | PG&E CORP | $17.11 | 1.72% | — | — | $20.4M | 0.29% | +19,895 | +1.7% |
| 43 | AVGO | BROADCOM INC | $385.73 | -7.92% | — | — | $19.3M | 0.27% | −23,646 | −27.5% |
| 44 | MRSH | MARSH & MCLENNAN COS INC | $165.44 | 2.59% | — | — | $18.9M | 0.26% | +108,697 | NEW |
| 45 | SATS | ECHOSTAR CORP | $116.28 | -6.71% | — | — | $11.0M | 0.15% | −191,867 | −67.1% |
| 46 | RUSHA | RUSH ENTERPRISES INC | $67.02 | 1.36% | — | — | $8.5M | 0.12% | −19,000 | −12.8% |
| 47 | STGW | STAGWELL INC | $6.44 | -3.74% | — | — | $7.5M | 0.11% | — | HELD |
| 48 | TDW | TIDEWATER INC NEW | $72.48 | -2.42% | — | — | $6.9M | 0.10% | −12,412 | −13.1% |
| 49 | VBIL | VANGUARD INSTL INDEX FD | $75.50 | 0.01% | — | — | $6.8M | 0.10% | +90,159 | NEW |
| 50 | GLD | SPDR GOLD TR | $396.24 | -3.65% | — | — | $6.0M | 0.08% | +13,995 | NEW |
| 51 | EQPT | EQUIPMENTSHARE COM INC | $20.57 | 5.22% | — | — | $5.8M | 0.08% | +285,714 | NEW |
| 52 | NATL | NCR ATLEOS CORPORATION | $44.27 | 0.27% | — | — | $4.8M | 0.07% | −1,929,767 | −94.6% |
| 53 | W 1 08/15/26 | WAYFAIR INC | — | — | — | — | $4.6M | 0.06% | — | HELD |
| 54 | VT | VANGUARD INTL EQUITY INDEX F | $153.68 | -3.07% | — | — | $3.7M | 0.05% | +6,647 | +33.7% |
| 55 | PDLB | PONCE FINANCIAL GROUP INC | $19.00 | 1.06% | — | — | $3.0M | 0.04% | — | HELD |
| 56 | RSVR | RESERVOIR MEDIA INC | $10.32 | 0.88% | — | — | $3.0M | 0.04% | −20,319 | −6.2% |
| 57 | ALGT | ALLEGIANT TRAVEL CO | $83.60 | -0.62% | — | — | $2.8M | 0.04% | — | HELD |
| 58 | OEC | ORION S.A. | $6.72 | -6.41% | — | — | $2.7M | 0.04% | — | HELD |
| 59 | MRVI | MARAVAI LIFESCIENCES HLDGS I | $5.07 | 0.90% | — | — | $2.5M | 0.04% | — | HELD |
| 60 | PBFS | PIONEER BANCORP INC MD | $16.20 | 0.37% | — | — | $2.3M | 0.03% | — | HELD |
| 61 | PARR | PAR PAC HOLDINGS INC | $55.66 | 0.20% | — | — | $2.0M | 0.03% | −11,065 | −25.3% |
| 62 | FNV | FRANCO NEV CORP | $218.74 | -7.31% | — | — | $1.6M | 0.02% | +6,611 | NEW |
| 63 | NFLX | NETFLIX INC. | $82.18 | 0.76% | — | — | $1.6M | 0.02% | — | HELD |
| 64 | ASLE | AERSALE CORPORATION | $6.37 | 0.31% | — | — | $1.3M | 0.02% | — | HELD |
| 65 | CVX | CHEVRON CORPORATION | $187.31 | -0.55% | — | — | $1.3M | 0.02% | +6,144 | NEW |
| 66 | SCCO | SOUTHERN COPPER CORP | $172.97 | -10.88% | — | — | $1.2M | 0.02% | +7,056 | NEW |
| 67 | ROST | ROSS STORES INC | $230.37 | -1.15% | — | — | $1.1M | 0.02% | +5,154 | NEW |
| 68 | TSLA | TESLA INC | $391.00 | -6.56% | — | — | $1.1M | 0.02% | +3,000 | NEW |
| 69 | EMR | EMERSON ELEC CO | $138.12 | -2.77% | — | — | $1.1M | 0.02% | +8,426 | NEW |
| 70 | DG | DOLLAR GEN CORP | $103.70 | 0.17% | — | — | $1.1M | 0.02% | +9,077 | NEW |
| 71 | CSL | CARLISLE COS INC | $345.55 | -0.12% | — | — | $878K | 0.01% | +2,632 | NEW |
| 72 | ORLY | OREILLY AUTOMOTIVE INC | $90.33 | 2.18% | — | — | $771K | 0.01% | +8,355 | NEW |
| 73 | NVST | ENVISTA HOLDINGS CORPORATION | $22.92 | -0.76% | — | — | $771K | 0.01% | +30,397 | NEW |
| 74 | DIS | DISNEY WALT CO | $99.71 | 0.37% | — | — | $759K | 0.01% | +7,872 | NEW |
| 75 | HSIC | SCHEIN HENRY INC | $77.45 | 1.51% | — | — | $731K | 0.01% | +9,914 | NEW |
| 76 | GWW | WW GRAINGER INC | $1300.01 | 0.83% | — | — | $730K | 0.01% | +669 | NEW |
| 77 | MCD | MCDONALDS CORP | $279.84 | 2.61% | — | — | $666K | 0.01% | +2,142 | NEW |
| 78 | UPWK | UPWORK INC | $8.76 | 0.23% | — | — | $626K | 0.01% | — | HELD |
| 79 | CPAY | CORPAY INC | $346.53 | -0.26% | — | — | $625K | 0.01% | +2,147 | NEW |
| 80 | SMG | SCOTTS MIRACLE-GRO CO | $57.67 | 1.48% | — | — | $447K | 0.01% | +7,357 | NEW |
| 81 | BIDU | BAIDU INC | $121.88 | 0.18% | — | — | $381K | 0.01% | +3,421 | NEW |
| 82 | UNIT | UNITI GROUP LLC | $11.68 | -0.93% | — | — | $237K | 0.00% | — | HELD |
| 83 | HYBB | ISHARES TR | $46.46 | -0.26% | — | — | $7K | 0.00% | −144 | −50.3% |
| 84 | EBC | EASTERN BANKSHARES INC | $19.85 | -1.19% | — | — | $2K | 0.00% | −85,800 | −99.9% |
| 85 | DEO | DIAGEO PLC | $80.43 | 1.89% | — | — | $74 | 0.00% | +1 | NEW |
| 86 | CHTR | CHARTER COMMUNICATIONS INC N | $132.12 | 2.38% | — | — | — | — | −461,525 | EXITED |
| 87 | GPOR | GULFPORT ENERGY CORP | $169.55 | 0.89% | — | — | — | — | −127,434 | EXITED |
| 88 | SGOV | ISHARES TR | $100.45 | 0.03% | — | — | — | — | −40,837 | EXITED |
| 89 | LAUR | LAUREATE EDUCATION INC | $34.30 | 1.42% | — | — | — | — | −101,485 | EXITED |
| 90 | DAR | DARLING INGREDIENTS INC | $59.45 | -2.09% | — | — | — | — | −52,447 | EXITED |
Source: SEC EDGAR · accession 0001377581-26-000005. 13F discloses long positions only — shorts, foreign equities, and options are excluded.