Latest First Pacific Advisors, LP Stock Portfolio

First Pacific Advisors, LP Performance:

2025 Q4: 3.84%YTD: 12.85%2024: 22.41%

Performance for 2025 Q4 is 3.84%, and YTD is 12.85%, and 2024 is 22.41%.

About First Pacific Advisors, LP and 13F Hedge Fund Stock Holdings

First Pacific Advisors, LP is a hedge fund based in Los Angeles, CA. On 2026-02-17, the fund reported it's updated stock portfolio. In the 13F Holdings report, First Pacific Advisors, LP reported an equity portfolio of $7.6 Billions as of 31 Dec, 2025.

The top stock holdings of First Pacific Advisors, LP are GOOG, ADI, META. The fund has invested 7.9% of it's portfolio in ALPHABET INC and 6.7% of portfolio in ANALOG DEVICES INC.

The fund managers got completely rid off HOWMET AEROSPACE INC (HWM) and QUANEX BLDG PRODS CORP (NX) stocks. They significantly reduced their stock positions in LAUREATE EDUCATION INC (LAUR), ECHOSTAR CORP (SATS) and UPWORK INC (UPWK). First Pacific Advisors, LP opened new stock positions in AMRIZE LTD, LIBERTY BROADBAND CORP (LBRDA) and ISHARES TR (BGRN). The fund showed a lot of confidence in some stocks as they added substantially to BECTON DICKINSON & CO (BDX), NCR VOYIX CORPORATION (NCR) and FORTUNE BRANDS INNOVATIONS I (FBHS).

First Pacific Advisors, LP Annual Return Estimates Vs S&P 500

Our best estimate is that First Pacific Advisors, LP made a return of 3.84% in the last quarter. In trailing 12 months, it's portfolio return was 12.85%.

Performance
S&P 500

New Buys

Ticker	$ Bought
amrize ltd	184,309,000
liberty broadband corp	129,730,000
magnum ice cream co nv	26,908,100
ishares tr	13,479

New stocks bought by First Pacific Advisors, LP

Additions

Ticker	% Inc.
becton dickinson & co	108
ncr voyix corporation	28.89
fortune brands innovations i	22.97
douglas emmett inc	22.4
carmax inc	17.84
ishares tr	11.66
vanguard intl equity index f	9.9
international flavors&fragra	8.61

Additions to existing portfolio by First Pacific Advisors, LP

Reductions

Ticker	% Reduced
laureate education inc	-53.02
echostar corp	-50.31
upwork inc	-45.58
charter communications inc n	-28.57
gulfport energy corp	-25.83
comcast corp new	-25.26
broadcom inc	-24.94
par pac holdings inc	-21.98

First Pacific Advisors, LP reduced stake in above stock

Sold off

Ticker	$ Sold
howmet aerospace inc	-63,967,800
quanex bldg prods corp	-2,363,800

First Pacific Advisors, LP got rid off the above stocks

Sector Distribution

First Pacific Advisors, LP has about 21.3% of it's holdings in Communication Services sector.

Sector	%
Communication Services	21.3
Others	19.7
Financial Services	14.1
Technology	12.2
Consumer Cyclical	9.4
Healthcare	8.4
Basic Materials	5.5
Energy	3.6
	2.4
Real Estate	1.7
Industrials	1.3

Market Cap. Distribution

First Pacific Advisors, LP has about 67% of it's portfolio invested in the large-cap and mega-cap stocks.

Category	%
LARGE-CAP	35.4
MEGA-CAP	31.6
UNALLOCATED	19.7
MID-CAP	11.1
SMALL-CAP	1.2

Stocks belong to which Index?

About 70% of the stocks held by First Pacific Advisors, LP either belong to S&P 500 or RUSSELL 2000 index.

Index	%
S&P 500	67.8
Others	30
RUSSELL 2000	2.2

Top 5 Winners (%)		%
ALGT	allegiant travel co	40.3 %
SATS	echostar corp	31.7 %
GOOG	alphabet inc	27.5 %
GOOG	alphabet inc	25.7 %
TMO	thermo fisher scientific inc	19.3 %

Top 5 Winners ($)		$
GOOG	alphabet inc	151.5 M
GOOG	alphabet inc	99.5 M
C	citigroup inc	55.3 M
ADI	analog devices inc	49.3 M
IFF	international flavors&fragra	29.9 M

Top 5 Losers (%)		%
OEC	orion s.a.	-30.3 %
DEI	douglas emmett inc	-27.5 %
NFLX	netflix inc	-21.8 %
CHTR	charter communications inc n	-20.7 %
VNO	vornado rlty tr	-17.9 %

Top 5 Losers ($)		$
META	meta platforms inc	-52.5 M
CHTR	charter communications inc n	-36.7 M
DEI	douglas emmett inc	-27.2 M
MTN	vail resorts inc	-17.6 M
KMX	carmax inc	-16.8 M

First Pacific Advisors, LP Holdings Map

This heatmap illustrates the top 50 positions within the fund's portfolio.

Current Stock Holdings of First Pacific Advisors, LP

First Pacific Advisors, LP has 61 stocks in it's portfolio. About 54.3% of the portfolio is in top 10 stocks. META proved to be the most loss making stock for the portfolio. GOOG was the most profitable stock for First Pacific Advisors, LP last quarter.

Last Reported on: 17 Feb, 2026

Ticker	Namesorted ascending	% Portfolio	Shares Held	$ Value	Type	% Change
ADI	analog devices inc	6.69	1,874,870	508,464,000	reduced	-6.03

ALGT	allegiant travel co	0.04	34,186	2,915,040	unchanged	0.00

AMZN	amazon com inc	4.29	1,411,200	325,733,000	reduced	-1.75

AON	aon plc	3.05	656,531	231,677,000	added	0.32

ASLE	aersale corporation	0.02	208,726	1,484,040	unchanged	0.00

AVGO	broadcom inc	0.39	86,111	29,803,000	reduced	-24.94

AVTR	avantor inc	0.60	3,968,620	45,480,400	reduced	-2.51

BDX	becton dickinson & co	4.98	1,951,250	378,678,000	added	108

BGRN	ishares tr	0.00	286	13,479	new

BIO	bio rad labs inc	1.60	401,457	121,637,000	added	1.79

C	citigroup inc	5.39	3,506,930	409,224,000	reduced	-7.2

CHTR	charter communications inc n	1.27	461,525	96,343,300	reduced	-28.57

CMCSA	comcast corp new	3.31	8,399,830	251,071,000	reduced	-25.26

DAR	darling ingredients inc	0.03	52,447	1,888,090	unchanged	0.00

DEI	douglas emmett inc	0.94	6,528,960	71,753,200	added	22.4

DELL	dell technologies inc	0.64	382,985	48,210,200	reduced	-8.49

DMXF	ishares tr	0.05	40,837	4,099,220	added	11.66

EBC	eastern bankshares inc	0.02	85,883	1,582,820	unchanged	0.00

FBHS	fortune brands innovations i	2.32	3,524,500	176,295,000	added	22.97

GOOG	alphabet inc	7.88	1,911,430	598,277,000	reduced	-21.09