FPA
Picture
Moves
The book
- Very concentrated
- Concentrated
- Focused
- Diversified
- Low
- Moderate
- High
Top 5 positions
- trimmed+1.01
- added+0.71
- trimmed−0.46
- added−0.08
- added−0.73
Positions
| GOOGLAlphabet Inc. Class A | 7.92% | 3,160,416 | $576M | trimmed−1% | +1.01 pp | 35 q |
| ADIAnalog Devices, Inc. | 6.76% | 2,150,042 | $491M | added0% | +0.71 pp | 38 q |
| METAMeta Platforms, Inc. Class A | 6.66% | 959,290 | $484M | trimmed−7% | −0.46 pp | 27 q |
| CCitigroup Inc. | 5.98% | 6,849,991 | $435M | added+2% | −0.08 pp | 38 q |
| CMCSAComcast Corp | 5.83% | 10,818,009 | $424M | added+2% | −0.73 pp | 27 q |
| 0VQJLTe Connectivity Ltd | 5.76% | 2,780,083 | $418M | added0% | 0.00 pp | 38 q |
| GOOGAlphabet Inc. Class C | 5.32% | 2,108,287 | $387M | trimmed−1% | +0.68 pp | 38 q |
| IFFInternational Flavors & Fragrances Inc. | 5.26% | 4,011,307 | $382M | added+2% | +0.43 pp | 15 q |
| AMZNAmazon.Com Inc | 4.41% | 1,657,154 | $320M | added+1% | +0.19 pp | 26 q |
| WFCWells Fargo & Co. | 4.32% | 5,278,666 | $313M | added+2% | +0.04 pp | 25 q |
| JEFJefferies Financial Group Inc. | 3.71% | 5,410,210 | $269M | trimmed−0% | +0.30 pp | 25 q |
| AONAon plc Class A | 2.98% | 736,821 | $216M | added+2% | −0.46 pp | 17 q |
| NXPINXP Semiconductors N.V. | 2.95% | 797,374 | $215M | trimmed−0% | +0.12 pp | 18 q |
| FERGFerguson Enterprises Inc. | 2.94% | 1,104,289 | $214M | added+1% | −0.46 pp | 9 q |
| CHTRCharter Comm Inc Del CL A New | 2.52% | 612,604 | $183M | added+2% | +0.03 pp | 25 q |
| KMXCarMax Inc. | 2.41% | 2,386,210 | $175M | added+2% | −0.50 pp | 9 q |
| KMIKinder Morgan, Inc. | 2.24% | 8,198,954 | $163M | added+2% | +0.14 pp | 26 q |
| MARMarriott International Class A | 2.04% | 613,205 | $148M | added+2% | −0.12 pp | 25 q |
| AVGOBroadcom Inc. | 1.88% | 84,915 | $136M | trimmed−40% | −0.81 pp | 25 q |
| FEFirstEnergy Corp. | 1.87% | 3,557,667 | $136M | added+2% | −0.05 pp | 15 q |
| LPLALPL Financial Holdings Inc. | 1.76% | 458,938 | $128M | trimmed−0% | +0.02 pp | 37 q |
| ICLRIcon Plc | 1.54% | 356,670 | $112M | added+2% | −0.14 pp | 8 q |
| UBERUber Technologies, Inc. | 1.44% | 1,435,399 | $104M | added+2% | −0.10 pp | 11 q |
| WABWabtec Inc. | 1.39% | 637,869 | $101M | trimmed−13% | −0.13 pp | 18 q |
| HWMHowmet Aerospace Inc. | 1.29% | 1,203,062 | $93M | trimmed−29% | −0.37 pp | 31 q |
| DEIDouglas Emmett, Inc. | 1.01% | 5,532,213 | $74M | trimmed−0% | −0.09 pp | 6 q |
| GPORGulfport Energy Corporation | 1.00% | 479,332 | $72M | trimmed−12% | −0.25 pp | 13 q |
| NATLNCR Atleos Corporation | 0.89% | 2,405,968 | $65M | trimmed−0% | +0.21 pp | 3 q |
| NFLXNetFlix Inc | 0.86% | 92,759 | $63M | trimmed−16% | −0.10 pp | 18 q |
| MTNVail Resorts, Inc. | 0.86% | 346,784 | $62M | new | +0.86 pp | new |
| DELLDell Technologies Inc. | 0.82% | 432,226 | $60M | held | — | 20 q |
| VNOVornado Realty Trust | 0.70% | 1,929,145 | $51M | trimmed−0% | −0.09 pp | 8 q |
| BIOBio-Rad Laboratories, Inc.Class A | 0.60% | 160,552 | $44M | added+53% | +0.08 pp | 3 q |
| VYXNCR Voyix Corporation | 0.59% | 3,455,892 | $43M | added+31% | +0.12 pp | 6 q |
| PCGPG&E Corporation | 0.28% | 1,147,568 | $20M | added+2% | +0.01 pp | 26 q |
| HLFHerbalife Ltd. | 0.26% | 1,829,405 | $19M | trimmed−0% | 0.00 pp | 10 q |
| LAURLaureate Education, Inc. | 0.16% | 799,146 | $12M | trimmed−2% | −0.01 pp | 6 q |
| TDWTidewater, Inc. | 0.13% | 99,461 | $9M | trimmed−14% | −0.02 pp | 23 q |
| RUSHARush Enterprises Inc | 0.11% | 183,942 | $8M | held | — | 36 q |
| OECOrion S.A. | 0.10% | 318,477 | $7M | held | — | 27 q |
| STGWStagwell Inc. Class A | 0.09% | 994,033 | $7M | added+2% | 0.00 pp | 10 q |
| CIGIColliers International Group Inc. Subordinate Voting Shares | 0.07% | 43,000 | $5M | trimmed−1% | −0.01 pp | 5 q |
| unresolvedSable Offshore Corp | 0.04% | 620,874 | $3M | held | — | 2 q |
| VTVanguard Total World Stock ETF | 0.04% | 28,400 | $3M | added+26% | 0.00 pp | 11 q |
| PPLIPeople Incorporated | 0.03% | 48,346 | $2M | held | — | 10 q |
| ALGTAllegiant Travel Company | 0.02% | 34,186 | $2M | added+10% | −0.01 pp | 29 q |
| EBCEastern Bankshares, Inc. | 0.02% | 121,689 | $2M | held | — | 5 q |
| PARRPar Pacific Holdings, Inc. | 0.02% | 71,812 | $2M | held | — | 38 q |
| PBFSPioneer Bancorp, Inc. | 0.02% | 166,974 | $2M | added×3.2 | +0.01 pp | 2 q |
| PDLBPonce Financial Group, Inc. | 0.02% | 181,562 | $2M | held | — | 8 q |
| UPWKUpwork Inc. | 0.02% | 104,881 | $1M | held | — | 17 q |
| ESGREnstar Group Ltd | 0.02% | 5,585 | $2M | held | — | 4 q |
| SHCSotera Health Company | 0.01% | 45,480 | $539,848 | new | +0.01 pp | new |
| MTALMetals Acquisition Corp. II | 0.01% | 66,447 | $909,659 | new | +0.01 pp | new |
| unresolvedAtlantic Coastal Aqstn Corp | 0.00% | 194,779 | $11,687 | held | — | 6 q |
| BBAI/WSBigBear.ai Holdings, Inc. Redeemable warrants, each full warrant exercisable for one share of at an exercise price of $11.50 per share | 0.00% | 321,156 | $50,582 | held | — | 11 q |
| BNAIWBrand Engagement Network Inc. | 0.00% | 208,766 | $6,722 | held | — | 2 q |
| unresolvedBurtech Acquisition Corp | 0.00% | 1,238,082 | $309,521 | held | — | 7 q |
| unresolvedChurchill Capital Corp Vii | 0.00% | 148,361 | $51,926 | held | — | 6 q |
| unresolvedGolden Arrow Merger Corp | 0.00% | 413,915 | $62,501 | held | — | 7 q |
| NIOBWNioCorp Developments Ltd. | 0.00% | 259,205 | $60,136 | held | — | 6 q |
| ECXWWECARX Holdings Inc. | 0.00% | 200,881 | $6,910 | held | — | 7 q |
| unresolvedGlobal Partner Acqistn Corp | 0.00% | 77,733 | $0 | held | — | 6 q |
| unresolvedMariadb PLC | 0.00% | 379,386 | $39,456 | held | — | 7 q |
| unresolvedPlum Acquisition Corp III | 0.00% | 16,200 | $1,056 | held | — | 4 q |
| VEEAWVeea Inc. | 0.00% | 232,673 | $19,777 | held | — | 6 q |
| ASBPWAspire-Lakewood Holdings, Inc. | 0.00% | 28,482 | $783 | held | — | 2 q |
| PRENWPrenetics Global Limited | 0.00% | 12,860 | $179 | held | — | 9 q |
| unresolvedSlam Corp | 0.00% | 214,237 | $53,559 | held | — | 6 q |
| SWVLWSwvl Holdings Corp | 0.00% | 32,998 | $465 | held | — | 9 q |
| 6PMParamount Group Inc | — | −441,550 | — | exited | −0.03 pp | — |
| unresolvedMetals Acquisition Limited | — | −216,944 | — | exited | −0.01 pp | — |
| ASBPAspire-Lakewood Holdings, Inc. | — | −56,966 | — | exited | −0.01 pp | — |
| AONCWAmer Oncology Network Wts | — | −21,670 | — | exited | 0.00 pp | — |
| unresolvedTwelve Seas Investment Co II | — | −397,025 | — | exited | 0.00 pp | — |
Other 13(f) securities
Options
Notes
| Issue | % of notes | Principal | Value |
|---|---|---|---|
| Wayfair Inc | 75.45% | 104,978,000 | $98M |
| Zillow Group Inc | 13.44% | 14,421,000 | $17M |
| Upwork Inc | 6.10% | 8,900,000 | $8M |
| Wayfair Inc | 3.46% | 4,976,000 | $4M |
| Zillow Group Inc | 1.55% | 1,990,000 | $2M |