FPA
Picture
Moves
The book
- Very concentrated
- Concentrated
- Focused
- Diversified
- Low
- Moderate
- High
Top 5 positions
- trimmed+1.03
- trimmed+0.34
- trimmed+0.38
- trimmed−0.15
- trimmed−0.05
Positions
| METAMeta Platforms, Inc. Class A | 8.33% | 777,005 | $573M | trimmed−1% | +1.03 pp | 31 q |
| ADIAnalog Devices, Inc. | 7.21% | 2,085,045 | $496M | trimmed−1% | +0.34 pp | 42 q |
| TELTE Connectivity plc | 6.51% | 2,656,748 | $448M | trimmed−1% | +0.38 pp | 4 q |
| CCitigroup Inc. | 6.49% | 5,253,021 | $447M | trimmed−9% | −0.15 pp | 42 q |
| GOOGLAlphabet Inc. Class A | 6.34% | 2,478,411 | $437M | trimmed−3% | −0.05 pp | 39 q |
| CMCSAComcast Corp | 5.75% | 11,091,559 | $396M | added+1% | −0.79 pp | 31 q |
| AMZNAmazon.Com Inc | 4.66% | 1,461,135 | $321M | added+1% | +0.21 pp | 30 q |
| IFFInternational Flavors & Fragrances Inc. | 4.39% | 4,111,527 | $302M | added+1% | −0.71 pp | 19 q |
| GOOGAlphabet Inc. Class C | 4.07% | 1,578,827 | $280M | trimmed−1% | +0.03 pp | 42 q |
| FERGFerguson Enterprises Inc. | 3.97% | 1,256,151 | $274M | added0% | +0.73 pp | 4 q |
| CHTRCharter Comm Inc Del CL A New | 3.72% | 626,508 | $256M | added+1% | +0.03 pp | 29 q |
| AONAon plc Class A | 3.38% | 652,019 | $233M | trimmed−4% | −1.01 pp | 21 q |
| NXPINXP Semiconductors N.V. | 2.43% | 764,890 | $167M | added+1% | +0.10 pp | 22 q |
| LPLALPL Financial Holdings Inc. | 2.42% | 443,503 | $166M | trimmed−3% | 0.00 pp | 41 q |
| KMXCarMax Inc. | 2.37% | 2,431,244 | $163M | added+1% | −0.68 pp | 13 q |
| WFCWells Fargo & Co. | 2.37% | 2,034,269 | $163M | trimmed−23% | −0.68 pp | 29 q |
| MTNVail Resorts, Inc. | 2.27% | 993,735 | $156M | added+23% | +0.18 pp | 5 q |
| JEFJefferies Financial Group Inc. | 2.05% | 2,580,283 | $141M | trimmed−0% | −0.19 pp | 29 q |
| ICLRIcon Plc | 2.04% | 964,120 | $140M | added+76% | +0.49 pp | 12 q |
| MARMarriott International Class A | 1.79% | 450,714 | $123M | added+1% | +0.08 pp | 29 q |
| KMIKinder Morgan, Inc. | 1.68% | 3,939,890 | $116M | trimmed−12% | −0.38 pp | 30 q |
| FBINFortune Brands Innovations, Inc. | 1.49% | 1,998,397 | $103M | added×2.5 | +0.71 pp | 4 q |
| UBERUber Technologies, Inc. | 1.39% | 1,028,628 | $96M | trimmed−14% | −0.03 pp | 15 q |
| BIOBio-Rad Laboratories, Inc.Class A | 1.36% | 386,949 | $93M | added+4% | −0.11 pp | 7 q |
| WABWabtec Inc. | 1.33% | 435,963 | $91M | added+1% | +0.07 pp | 22 q |
| NOVNOV Inc. | 1.27% | 7,018,950 | $87M | added×2.0 | +0.41 pp | 3 q |
| DEIDouglas Emmett, Inc. | 1.17% | 5,334,173 | $80M | trimmed−0% | −0.21 pp | 10 q |
| HWMHowmet Aerospace Inc. | 1.16% | 427,259 | $80M | trimmed−30% | −0.12 pp | 35 q |
| NATLNCR Atleos Corporation | 0.95% | 2,287,815 | $65M | trimmed−0% | −0.03 pp | 7 q |
| VNOVornado Realty Trust | 0.93% | 1,676,513 | $64M | trimmed−0% | −0.07 pp | 12 q |
| DELLDell Technologies Inc. | 0.75% | 418,505 | $51M | held | — | 24 q |
| VYXNCR Voyix Corporation | 0.67% | 3,908,807 | $46M | added+6% | +0.09 pp | 10 q |
| ECHOEchoStar Corporation | 0.58% | 1,435,567 | $40M | added+37% | +0.15 pp | 4 q |
| TMOThermo Fisher Scientific, Inc. | 0.51% | 87,370 | $35M | new | +0.51 pp | new |
| GPORGulfport Energy Corporation | 0.50% | 171,812 | $35M | trimmed−42% | −0.38 pp | 17 q |
| AVGOBroadcom Inc. | 0.48% | 119,516 | $33M | trimmed−39% | −0.05 pp | 29 q |
| PCGPG&E Corporation | 0.22% | 1,103,117 | $15M | added+1% | −0.08 pp | 30 q |
| LAURLaureate Education, Inc. | 0.14% | 398,230 | $9M | trimmed−7% | 0.00 pp | 10 q |
| RUSHARush Enterprises Inc | 0.12% | 159,094 | $8M | trimmed−8% | −0.03 pp | 40 q |
| STGWStagwell Inc. Class A | 0.08% | 1,191,918 | $5M | held | — | 14 q |
| SGOViShares 0-3 Month Treasury Bond ETF | 0.07% | 48,123 | $5M | added+15% | 0.00 pp | 4 q |
| TDWTidewater, Inc. | 0.06% | 94,961 | $4M | held | — | 27 q |
| OECOrion S.A. | 0.06% | 367,751 | $4M | added+10% | −0.01 pp | 31 q |
| NFLXNetFlix Inc | 0.05% | 2,340 | $3M | held | — | 22 q |
| PDLBPonce Financial Group, Inc. | 0.04% | 181,562 | $3M | held | — | 12 q |
| NXQuanex Building Products Corporation | 0.04% | 155,000 | $3M | added+16% | 0.00 pp | 4 q |
| RSVRReservoir Media, Inc. | 0.04% | 329,066 | $3M | added×50.1 | +0.04 pp | 2 q |
| VIPSVipshop Holdings Limited | 0.04% | 179,634 | $3M | new | +0.04 pp | new |
| ALGTAllegiant Travel Company | 0.03% | 34,186 | $2M | held | — | 33 q |
| MRVIMaravai LifeSciences Holdings, Inc. Class A | 0.03% | 741,332 | $2M | new | +0.03 pp | new |
| PARRPar Pacific Holdings, Inc. | 0.03% | 72,632 | $2M | added+1% | +0.01 pp | 42 q |
| PBFSPioneer Bancorp, Inc. | 0.03% | 166,974 | $2M | held | — | 6 q |
| VTVanguard Total World Stock ETF | 0.03% | 16,777 | $2M | added+3% | 0.00 pp | 15 q |
| WLYJohn Wiley & Sons, Inc. Class A | 0.03% | 39,140 | $2M | held | — | 2 q |
| ESGREnstar Group Ltd | 0.03% | 6,901 | $2M | held | — | 8 q |
| ASLEAerSale Corporation | 0.02% | 249,584 | $2M | new | +0.02 pp | new |
| DARDarling Ingredients Inc. | 0.02% | 42,638 | $2M | new | +0.02 pp | new |
| EBCEastern Bankshares, Inc. | 0.02% | 85,883 | $1M | held | — | 9 q |
| UPWKUpwork Inc. | 0.02% | 104,881 | $1M | held | — | 21 q |
| AVTRAvantor, Inc. | 0.01% | 75,000 | $1M | new | +0.01 pp | new |
| SHCSotera Health Company | — | −45,480 | — | exited | −0.01 pp | — |
Other 13(f) securities
Options
Notes
| Issue | % of notes | Principal | Value |
|---|---|---|---|
| Wayfair Inc | 49.85% | 52,718,000 | $51M |
| Echostar Corp | 45.63% | 40,000,000 | $47M |
| Wayfair Inc | 4.52% | 4,934,000 | $5M |