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Asset manager

First Pacific Advisors, LP

13F for June 30, 2026, filed August 14, 2026 · SEC CIK 1377581

Reported value
$8.0bn
92% in companies we cover
Positions we cover
64
Largest ADI 8.0%
Copy, a year
+15.7%
S&P 500 +14.1%
Copy Sharpe ratio
0.74
S&P 500 0.78

How copying its 13F would have done

$10.0k$20.0k$40.0k 2013201520172019202120232025 $68.4k$57.0k
CopyS&P 500 $10,000 copying First Pacific Advisors, LP's filed holdings in companies we cover from August 16, 2013, buying on the first trading day after each 13F was filed and holding until the next, against the S&P 500 (total return). Marked weekly, log scale. Before costs and taxes; misses trading within each quarter and anything 13F does not show (shorts, cash, bonds, non-US holdings).

Biggest drop −39.4% (S&P 500 −31.8%); beta 1.14; alpha +0.3% a year (t = 0.15); last 12 months +20.7% against +12.1%.

Reported value by quarter

First Pacific Advisors, LP: 13F reported value Total value of all positions in each quarter's 13F, as filed (values before 2023 were filed in thousands of dollars and are converted).
$0 $2T $4T $6T $8T Reported value, 2013-06-30: $9.4B Reported value, 2013-09-30: $9.7B Reported value, 2013-12-31: $10.6B Reported value, 2014-03-31: $11.4B Reported value, 2014-06-30: $12.3B Reported value, 2014-09-30: $12B Reported value, 2014-12-31: $12.5B Reported value, 2015-03-31: $12B Reported value, 2015-06-30: $12.2B Reported value, 2015-09-30: $11.5B Reported value, 2015-12-31: $11.2B Reported value, 2016-03-31: $11B Reported value, 2016-06-30: $11.8B Reported value, 2016-09-30: $12B Reported value, 2016-12-31: $12.5B Reported value, 2017-03-31: $12.4B Reported value, 2017-06-30: $13.2B Reported value, 2017-09-30: $13B Reported value, 2017-12-31: $13.4B Reported value, 2018-03-31: $13.1B Reported value, 2018-06-30: $13.9B Reported value, 2018-09-30: $13.8B Reported value, 2018-12-31: $10.5B Reported value, 2019-03-31: $11.4B Reported value, 2019-06-30: $11.4B Reported value, 2019-09-30: $10.4B Reported value, 2019-12-31: $10.3B Reported value, 2020-03-31: $6.9B Reported value, 2020-06-30: $7.2B Reported value, 2020-09-30: $7B Reported value, 2020-12-31: $7.8B Reported value, 2021-03-31: $7.4B Reported value, 2021-06-30: $8B Reported value, 2021-09-30: $7.7B Reported value, 2021-12-31: $8.1B Reported value, 2022-03-31: $7.8B Reported value, 2022-06-30: $6.7B Reported value, 2022-09-30: $6.2B Reported value, 2022-12-31: $6.4T Reported value, 2023-03-31: $6.3B Reported value, 2023-06-30: $6.7B Reported value, 2023-09-30: $6.3B Reported value, 2023-12-31: $6.5B Reported value, 2024-03-31: $7B Reported value, 2024-06-30: $7.3B Reported value, 2024-09-30: $7.1B Reported value, 2024-12-31: $6.9B Reported value, 2025-03-31: $6.2B Reported value, 2025-06-30: $6.9B Reported value, 2025-09-30: $7.1B Reported value, 2025-12-31: $7.5B Reported value, 2026-03-31: $7B Reported value, 2026-06-30: $8B 2013-06-30 2016-03-31 2018-12-31 2021-09-30 2026-06-30 $8B
View chart data
Period Reported value
2013-06-30 $9.4B
2013-09-30 $9.7B
2013-12-31 $10.6B
2014-03-31 $11.4B
2014-06-30 $12.3B
2014-09-30 $12B
2014-12-31 $12.5B
2015-03-31 $12B
2015-06-30 $12.2B
2015-09-30 $11.5B
2015-12-31 $11.2B
2016-03-31 $11B
2016-06-30 $11.8B
2016-09-30 $12B
2016-12-31 $12.5B
2017-03-31 $12.4B
2017-06-30 $13.2B
2017-09-30 $13B
2017-12-31 $13.4B
2018-03-31 $13.1B
2018-06-30 $13.9B
2018-09-30 $13.8B
2018-12-31 $10.5B
2019-03-31 $11.4B
2019-06-30 $11.4B
2019-09-30 $10.4B
2019-12-31 $10.3B
2020-03-31 $6.9B
2020-06-30 $7.2B
2020-09-30 $7B
2020-12-31 $7.8B
2021-03-31 $7.4B
2021-06-30 $8B
2021-09-30 $7.7B
2021-12-31 $8.1B
2022-03-31 $7.8B
2022-06-30 $6.7B
2022-09-30 $6.2B
2022-12-31 $6.4T
2023-03-31 $6.3B
2023-06-30 $6.7B
2023-09-30 $6.3B
2023-12-31 $6.5B
2024-03-31 $7B
2024-06-30 $7.3B
2024-09-30 $7.1B
2024-12-31 $6.9B
2025-03-31 $6.2B
2025-06-30 $6.9B
2025-09-30 $7.1B
2025-12-31 $7.5B
2026-03-31 $7B
2026-06-30 $8B

Latest covered holdings and moves

Covered holdings as of June 30, 2026.

CompanyShare of portfolioValueSharesChange in shares
ADIAnalog Devices7.97%$634.9m1.60M−7.2% Reduced
GOOGLAlphabet Inc. (Class A)6.32%$503.4m1.41M−16.3% Reduced
IFFInternational Flavors & Fragrances5.42%$432.2m5.46M+0.8% Added
CCitigroup5.30%$422.2m3.02M−5.0% Reduced
METAMeta Platforms4.81%$383.0m679.9K−0.1%
AMZNAmazon4.07%$324.3m1.36M−3.9% Reduced
BDXBecton Dickinson4.01%$319.4m2.11M+6.6% Added
TELTE Connectivity3.93%$312.7m1.55M−6.0% Reduced
AJGArthur J. Gallagher & Co.3.85%$306.8m1.34M+244.7% Added
AONAon plc2.84%$226.0m681.4K−3.1% Reduced
CMCSAComcast2.67%$213.0m8.68M+1.0% Added
FBINFortune Brands Innovations, Inc.2.64%$210.0m3.83M+0.9% Added
NXPINXP Semiconductors2.43%$193.4m688.1K−10.5% Reduced
FERGFerguson Enterprises2.34%$186.7m786.8K−3.7% Reduced
MTNVail Resorts Inc2.23%$177.7m1.30M+10.9% Added
AMRZAmrize Ltd2.13%$169.4m3.18M+1.0% Added
BAXBaxter International2.04%$162.4m7.62M+13.7% Added
KMXCarmax Inc2.00%$159.1m3.01M+0.9% Added
JEFJefferies Financial Group Inc.1.70%$135.2m2.70M+4.6% Added
TMOThermo Fisher Scientific1.56%$124.5m248.2K+11.9% Added
NOVNOV Inc.1.49%$118.6m6.39M+1.1% Added
BIOBio-rad Laboratories, Inc.1.48%$118.0m401.9K−1.3% Reduced
DHRDanaher Corporation1.35%$107.6m564.8KNew
ICLRIcon PLC1.32%$105.4m606.5K−38.8% Reduced
DEIDouglas Emmett Inc1.29%$103.2m8.74M+1.2% Added
WATWaters Corporation1.26%$100.6m268.2K+0.3%
PYPLPayPal1.16%$92.3m2.14M+53.6% Added
LPLALPL Financial Holdings Inc.1.14%$90.5m321.2K+0.2%
INTUIntuit1.09%$86.6m332.0KNew
SAPSAP SE1.07%$85.6m555.4KNew
AVTRAvantor, Inc.1.02%$81.1m8.19M+1.3% Added
CNHCNH Industrial N.V.1.01%$80.3m7.15M+48.6% Added
UBERUber0.89%$70.5m976.5K+0.7% Added
VNOVornado Realty Trust0.83%$66.2m1.68M+0.2%
WFCWells Fargo0.81%$64.9m784.9K−10.1% Reduced
GEHCGE HealthCare0.67%$53.0m827.4KNew
MICCMagnum Ice Cream Co N.V.0.65%$51.7m2.97M+31.8% Added
WABWabtec0.64%$51.0m189.0K−27.5% Reduced
VYXNCR Voyix Corp0.56%$44.2m5.41M+0.1%
AVGOBroadcom0.30%$23.9m63.2K+1.1% Added
MRSHMarsh McLennan0.25%$20.2m121.2K+11.5% Added
PCGPG&E Corporation0.25%$19.7m1.17M+0.9% Added
RUSHARush Enterprises Inc \tx\0.12%$9.4m129.1K0.0%
STGWStagwell Inc0.11%$8.9m1.19M0.0%
MARMarriott International0.09%$6.8m18.4K−92.1% Reduced
EQPTEquipmentshare.com Inc0.07%$5.6m285.7K0.0%
MRVIMaravai Lifesciences Holdings, Inc.0.07%$5.5m884.9K0.0%
TDWTidewater Inc0.06%$5.1m76.4K−7.4% Reduced
ECHOEchoStar0.06%$4.8m47.1K0.0%
ALGTAllegiant Travel Co0.05%$4.0m34.2K0.0%
PDLBPonce Financial Group, Inc.0.04%$3.6m181.6K0.0%
RSVRReservoir Media, Inc.0.04%$3.1m308.7K0.0%
PBFSPioneer Bancorp, Inc.0.04%$2.9m167.0K0.0%
OECOrion S.a.0.04%$2.8m417.4K0.0%
WLFCWillis Lease Finance Corp0.03%$2.6m11.4KNew
NATLNCR Atleos Corp0.03%$2.2m50.0K−54.9% Reduced
PARRPAR Pacific Holdings, Inc.0.02%$1.3m23.7K−27.4% Reduced
ASLEAersale Corp0.02%$1.3m208.7K0.0%
SCCOSouthern Copper Corp/0.02%$1.2m7.1K+1.0% Added
NFLXNetflix0.01%$1.2m16.4K0.0%
CSLCarlisle Companies Inc0.01%$954,7582.6K0.0%
UPWKUpwork, Inc0.01%$477,19757.1K0.0%
BIDUBaidu, Inc.0.01%$390,9863.4K0.0%
UNITUniti Group Inc.0.00%$289,44525.2K0.0%
CompanyBought (value)Shares
AJGArthur J. Gallagher & Co.$217.8m948.6K
DHRDanaher Corporation$107.6m564.8K
INTUIntuit$86.6m332.0K
SAPSAP SE$85.6m555.4K
GEHCGE HealthCare$53.0m827.4K
PYPLPayPal$32.2m746.4K
CNHCNH Industrial N.V.$26.3m2.34M
BDXBecton Dickinson$19.7m130.4K
BAXBaxter International$19.6m917.2K
MTNVail Resorts Inc$17.5m128.6K
TMOThermo Fisher Scientific$13.2m26.3K
MICCMagnum Ice Cream Co N.V.$12.5m716.6K
JEFJefferies Financial Group Inc.$5.9m117.8K
IFFInternational Flavors & Fragrances$3.6m45.2K
WLFCWillis Lease Finance Corp$2.6m11.4K

Change in shares on the previous quarter's 13F, valued at this quarter's reported price.

CompanySold (value)Shares
GOOGLAlphabet Inc. (Class A)−$98.3m−275.0K
MARMarriott International−$79.4m−214.3K
ICLRIcon PLC−$66.8m−384.6K
DELLDell Technologies−$62.9m−383.0K
ADIAnalog Devices−$49.5m−124.6K
KMIKinder Morgan−$44.7m−1.33M
NXPINXP Semiconductors−$22.7m−80.8K
CCitigroup−$22.2m−158.4K
TELTE Connectivity−$20.1m−99.8K
WABWabtec−$19.3m−71.7K
AMZNAmazon−$13.3m−55.6K
AONAon plc−$7.3m−21.9K
WFCWells Fargo−$7.3m−87.8K
FERGFerguson Enterprises−$7.2m−30.2K
NATLNCR Atleos Corp−$2.6m−60.9K

Change in shares on the previous quarter's 13F, valued at this quarter's reported price.

CompanyValue last quarterShares
DELLDell Technologies$62.9m383.0K
KMIKinder Morgan$44.7m1.33M
FNVFranco Nevada Corp$1.6m6.6K
CVXChevron Corporation$1.3m6.1K
ROSTRoss Stores$1.1m5.2K
TSLATesla, Inc.$1.1m3.0K
EMREmerson Electric$1.1m8.4K
DGDollar General$1.1m9.1K
ORLYO'Reilly Automotive$771,2508.4K
NVSTEnvista Holdings Corp$771,17230.4K
DISThe Walt Disney Company$758,7037.9K
HSICHenry Schein$730,6629.9K
GWWW. W. Grainger$729,752669
MCDMcDonald's$665,7122.1K
CPAYCorpay$624,7562.1K
SMGScotts Miracle-gro Co$447,3797.4K
EBCEastern Bankshares, Inc.$1,62383
  • Technology18.9%
  • Financials18.7%
  • Health Care16.1%
  • Communication Services15.3%
  • Consumer Discretionary9.1%
  • Industrials8.5%
  • Materials8.3%
  • Real Estate2.3%
  • Energy1.7%
  • Consumer Staples0.7%
  • Utilities0.3%

Share of the value held in companies we cover, by sector.

PeriodCopy, a yearS&P 500SharpeS&P 500Biggest dropBeta
Whole backtestAugust 16, 2013 to November 2, 2026+15.7%+14.1%0.740.78−39.4%1.14
2018 onwardsJanuary 5, 2018 to November 2, 2026+14.8%+13.9%0.620.66−39.4%1.12
Last three yearsNovember 3, 2023 to November 2, 2026+24.3%+21.8%1.131.16−20.2%1.08
Last yearNovember 7, 2025 to November 2, 2026+23.0%+14.2%1.190.84−11.1%1.04

From SEC Form 13F data sets. A 13F lists long positions in US-listed shares at the quarter's end, filed up to 45 days later; it does not show shorts, cash, bonds, non-US holdings or trades within the quarter. Positions in companies outside our coverage are not listed here. Research, not investment advice.