First Pacific Advisors, LP

Registered adviser

CIK

1377581

Location

EL SEGUNDO, CA

Portfolio Value

Mid $7,974,833,441

Diversification

Diversified

Filing Date

Global Rank

#635 / 8,818 ▼ 16

Top Industry

Internet Content & Information 17.1%

Period ended 4 months ago

Filed Aug 14, 2026 · 2mo

26 quarters · since Mar 2020

Regulatory profile

From Form ADV, the SEC filer profile, 13D/13G type codes and N-CEN, never from the name.

Holder type

Registered adviser

Form ADV roster, Oct 1, 2026

Form ADV adviser

CRD 141823

Roster of Oct 1, 2026

Regulatory AUM

$32,002,657,371

Main clients

Registered funds and BDCs (82% of AUM)

Private funds

13 funds · Hedge funds

Focus by fund count, roster of Oct 1, 2026

$1,474,537,198 gross assets

Registered funds advised

5 series (0 index, 0 ETFs)

$14,388,921,775 net assets· N-CEN May 31, 2026

LEI

5493005X1UK1CXKK1241

Private funds on Schedule D 7.B.(1)

As filed Sep 9, 2024; SEC's bulk Form ADV archive ends with 2024 filings.

$1,318,809,799 gross assets in 19 funds Hedge funds $1,129,899,381 (17) Other private funds $188,910,418 (2)

Form ADV history

Monthly rosters from Dec 2019; each row is a run with the same figures, newest first.

Rosters	Regulatory AUM	Main clients
Apr 2026 to Oct 2026	$32,002,657,371	Registered funds and BDCs (82%)
Apr 2025 to Mar 2026	$26,702,343,033	Registered funds and BDCs (82%)
Apr 2024 to Mar 2025	$24,802,894,805	Registered funds and BDCs (81%)
May 2023 to Mar 2024	$24,343,164,132	Registered funds and BDCs (77%)
Apr 2023	$24,343,164,132	Registered funds and BDCs (77%)
Apr 2022 to Mar 2023	$30,276,402,265	Registered funds and BDCs (79%)

3 earlier changes not shown.

Portfolio style

Measured from the filed 13F common-share book for Jun 30, 2026, never from the firm's own description.

Style

Diversified active

Top 10 weight 54.4%, 22.8 effective positions, active share 84.5% against the Nasdaq-100 as of 2026-06-30; it meets none of the index-like, systematic-like or concentrated tests

Turnover

Medium turnover

32.4% over the last four quarters (30% to under 100%)

Horizon

Long horizon

Value-weighted holding period 16.6 quarters (12+), a floor since 44.7% of the book was already held when coverage starts

Closest benchmark: the Nasdaq-100 as of 2026-06-30, active share 84.5%; sector active share 32.2% against the combined 13F book's sector weights.

Over time 26 measured quarters

How the bands are measured

Style bands measure the filed 13F common-share book each closed quarter, tested in this order. Unknown: under $10,000,000 of valued equity or 5 stocks. Index-like (100+ stocks): active share of 20% or less against the closest benchmark, which is the S&P 500, S&P MidCap 400, S&P SmallCap 600, Russell 1000, Russell 2000, Nasdaq-100 or Dow Jones Industrial Average (weighted by an index-tracking fund's reported holdings or the index's constituents nearest the quarter end, over the names resolved to companies, and only when those are 90%+ of its weight) or every 13F filer's combined book, or index series holding 80%+ of the registered fund assets it advises (N-CEN) and equal to 50%+ of its book. Systematic-like: 500+ stocks, 100%+ annual turnover and a top 10 weight of 25% or less. Concentrated: a top 10 weight of 60%+ or 12 or fewer effective positions. Diversified active: none of these. Turnover is the smaller of buys and sells over average equity value, summed over four quarters: low under 30%, high 100%+. Horizon is the value-weighted number of quarters each position has been held: short under 4, long 12+.

Clone Performance

Build a hypothetical price-return history from this filer's public 13F holdings.

View clone backtest

Portfolio Concentration

72 tracked positions · as of Jun 30, 2026 · Δ vs Mar 31, 2026

Top Position

12.2%

−0.1 pts

Top 5

35.7%

−0.8 pts

Top 10

54.4%

−2.5 pts

HHI

438

Diversified−20

Portfolio Trend

26 quarters · across all stocks

Sector Breakdown

As of Jun 30, 2026

Sector	% Portfolio	Value	Positions
Communication Services	21.9%	$1,748,288,361	11
Technology	18.2%	$1,453,939,910	9
Financial Services	17.1%	$1,364,508,738	10
Healthcare	14.8%	$1,177,376,670	10
Consumer Cyclical	8.6%	$682,044,332	5
Basic Materials	7.6%	$605,511,996	4
Industrials	6.8%	$542,518,359	9
Real Estate	2.1%	$169,640,440	3
Energy	1.6%	$125,001,078	3
Consumer Defensive	0.6%	$51,737,655	2
Unclassified	0.4%	$34,541,173	5
Utilities	0.2%	$19,724,729	1

Last Quarter's Activity

Export CSV

Jun 30, 2026 vs Mar 31, 2026

Added To

Positions the filer increased

25 positions

Ticker	Company	Δ Shares	Shares	Value
CNH	CNH Industrial N.V.	+2,339,331	7,148,586	$80,278,620
AJG	Arthur J. Gallagher & Co.	+948,603	1,336,290	$306,772,095
BAX	Baxter International Inc	+917,220	7,618,145	$162,418,851
PYPL	PayPal Holdings, Inc.	+746,442	2,137,851	$92,312,406
MICC	Magnum Ice Cream Co N.V.	+716,606	2,971,716	$51,737,575
VBIL	Vanguard Institutional Index Funds	+170,121	260,280	$19,697,990
BDX	Becton Dickinson & Co	+130,354	2,110,794	$319,426,456
MTN	Vail Resorts Inc	+128,609	1,304,959	$177,670,167
JEF	Jefferies Financial Group Inc.	+117,764	2,704,265	$135,159,164
DEI	Douglas Emmett Inc	+107,029	8,743,999	$103,179,188
AVTR	Avantor, Inc.	+101,717	8,190,740	$81,088,326
CMCSA	Comcast Corp	+84,101	8,676,664	$213,012,101
NOV	NOV Inc.	+71,630	6,392,388	$118,578,797
IFF	International Flavors & Fragrances Inc	+45,156	5,455,081	$432,151,516
FBIN	Fortune Brands Innovations, Inc.	+33,039	3,825,269	$210,007,268
AMRZ	Amrize Ltd	+30,942	3,177,325	$169,351,422
KMX	Carmax Inc	+26,855	3,008,564	$159,122,949
TMO	Thermo Fisher Scientific Inc.	+26,348	248,244	$124,459,611
MRSH	Marsh & Mclennan Companies, Inc.	+12,516	121,213	$20,202,570
PCG	PG&E Corp	+10,633	1,172,695	$19,724,729
VYX	NCR Voyix Corp	+7,930	5,413,012	$44,224,308
VT	VANGUARD TOTAL WORLD STOCK INDEX FUND	+6,761	33,151	$5,203,049
UBER	Uber Technologies, Inc	+6,727	976,544	$70,467,415
HYBB	iShares BB Rated Corporate Bond ETF	+3,585	3,727	$174,311
VNO	Vornado Realty Trust	+3,160	1,683,761	$66,171,807
No positions match the current search.

Trimmed

Positions the filer reduced

18 positions

Ticker	Company	Δ Shares	Shares	Value
ICLR	Icon PLC	−384,552	606,523	$105,359,110
GOOGL	Alphabet Inc.	−274,975	1,408,518	$503,362,077
MAR	Marriott International Inc	−214,309	18,445	$6,835,532
C	Citigroup Inc	−158,384	3,016,828	$422,235,246
ADI	Analog Devices Inc	−124,629	1,598,506	$634,878,628
TEL	TE Connectivity plc	−99,752	1,551,105	$312,718,279
WFC	Wells Fargo & Company	−87,807	784,923	$64,866,036
NXPI	NXP Semiconductors N.V.	−80,808	688,107	$193,378,710
WAB	Westinghouse Air Brake Technologies Corp	−71,687	189,045	$50,966,532
NATL	NCR Atleos Corp	−60,900	50,033	$2,171,932
AMZN	Amazon Com Inc	−55,634	1,360,585	$324,281,828
FERG	Ferguson Enterprises Inc.	−30,171	786,822	$186,736,465
AON	Aon plc	−21,891	681,367	$226,002,620
PARR	Par Pacific Holdings, Inc.	−8,931	23,720	$1,330,217
TDW	Tidewater Inc	−6,126	76,423	$5,092,064
BIO	Bio-Rad Laboratories, Inc.	−5,497	401,861	$117,990,408
—		−857	4,641,753	$154,384,704
META	Meta Platforms, Inc.	−729	679,884	$382,971,858
No positions match the current search.

New Positions

Positions the filer opened this quarter

7 positions

Ticker	Company	Shares	Value
DHR	Danaher Corp	564,781	$107,579,484
INTU	Intuit Inc.	331,964	$86,642,604
SAP	Sap SE	555,426	$85,596,700
GEHC	GE HealthCare Technologies Inc.	827,379	$52,960,529
FPAG	Investment Managers Series Trust III	145,470	$5,839,747
FPAS	FPA Short Duration Government ETF	146,775	$3,626,076
WLFC	Willis Lease Finance Corp	11,443	$2,618,158
No positions match the current search.

Sold Out

Positions the filer fully exited

18 positions

Ticker	Company	Shares	Value
DELL	Dell Technologies Inc.	382,985	$62,859,328
KMI	Kinder Morgan, Inc.	1,332,715	$44,685,933
GLD	Spdr Gold Trust	13,995	$6,021,908
FNV	FRANCO NEVADA Corp	6,611	$1,633,247
CVX	Chevron Corp	6,144	$1,271,193
ROST	Ross Stores, Inc.	5,154	$1,116,511
TSLA	Tesla, Inc.	3,000	$1,115,250
EMR	Emerson Electric Co	8,426	$1,103,974
DG	Dollar General Corp	9,077	$1,077,712
ORLY	O Reilly Automotive Inc	8,355	$771,250
NVST	Envista Holdings Corp	30,397	$771,171
DIS	Walt Disney Co	7,872	$758,703
HSIC	Henry Schein Inc	9,914	$730,661
GWW	W.W. Grainger, Inc.	669	$729,751
MCD	Mcdonalds Corp	2,142	$665,712
CPAY	Corpay, Inc.	2,147	$624,755
SMG	Scotts Miracle-Gro Co	7,357	$447,379
EBC	Eastern Bankshares, Inc.	83	$1,623
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

72 tracked positions · $7,974,833,441 total · filing declares 75 positions · $8,089,173,877 · as of Jun 30, 2026

All sectors Basic Materials Communication Services Consumer Cyclical Consumer Defensive Energy Financial Services Healthcare Industrials Real Estate Technology Utilities

Showing 1–50 of 72 positions by value · page 1 of 2

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	Held (qtrs)	Est. cost/share	% of Portfolio
ADI	Analog Devices Inc Technology	Reduced	1,598,506	-124,629	$634,878,628	+15.8%	26+	before history	7.96%
GOOGL	Alphabet Inc. Communication Services	Reduced	1,408,518	-274,975	$503,362,077	+4.0%	26+	before history	6.31%
GOOG	Alphabet Inc. Communication Services	Added	1,333,205	+48	$471,061,322	+23.2%	26+	before history	5.91%
IFF	International Flavors & Fragrances Inc Basic Materials	Added	5,455,081	+45,156	$432,151,516	+10.1%	23	$97.37	5.42%
C	Citigroup Inc Financial Services	Reduced	3,016,828	-158,384	$422,235,246	+17.3%	26+	before history	5.29%
META	Meta Platforms, Inc. Communication Services	Reduced	679,884	-729	$382,971,858	−1.7%	26+	before history	4.80%
AMZN	Amazon Com Inc Consumer Cyclical	Reduced	1,360,585	-55,634	$324,281,828	+9.9%	26+	before history	4.07%
BDX	Becton Dickinson & Co Healthcare	Added	2,110,794	+130,354	$319,426,456	+2.6%	4	$148.01	4.01%
TEL	TE Connectivity plc Technology	Reduced	1,551,105	-99,752	$312,718,279	−9.4%	8	$149.70	3.92%
AJG	Arthur J. Gallagher & Co. Financial Services	Added	1,336,290	+948,603	$306,772,095	+265.4%	2	$217.74	3.85%
AON	Aon plc Financial Services	Reduced	681,367	-21,891	$226,002,620	−0.4%	25	$205.20	2.83%
CMCSA	Comcast Corp Communication Services	Added	8,676,664	+84,101	$213,012,101	−13.7%	26+	before history	2.67%
FBIN	Fortune Brands Innovations, Inc. Industrials	Added	3,825,269	+33,039	$210,007,268	+42.1%	8	$56.45	2.63%
NXPI	NXP Semiconductors N.V. Technology	Reduced	688,107	-80,808	$193,378,710	+27.8%	26+	before history	2.42%
FERG	Ferguson Enterprises Inc. Industrials	Reduced	786,822	-30,171	$186,736,465	−2.0%	8	$199.04	2.34%
MTN	Vail Resorts Inc Consumer Cyclical	Added	1,304,959	+128,609	$177,670,167	+17.7%	9	$167.22	2.23%
AMRZ	Amrize Ltd Basic Materials	Added	3,177,325	+30,942	$169,351,422	−3.9%	3	$51.05	2.12%
BAX	Baxter International Inc Healthcare	Added	7,618,145	+917,220	$162,418,851	+44.3%	2	$19.27	2.04%
KMX	Carmax Inc Consumer Cyclical	Added	3,008,564	+26,855	$159,122,949	+28.3%	17	$78.65	2.00%
		Reduced	4,641,753	-857	$154,384,704	−33.9%	3	$51.34	1.94%
JEF	Jefferies Financial Group Inc. Financial Services	Added	2,704,265	+117,764	$135,159,164	+26.6%	26+	before history	1.69%
TMO	Thermo Fisher Scientific Inc. Healthcare	Added	248,244	+26,348	$124,459,611	+14.1%	5	$452.84	1.56%
NOV	NOV Inc. Energy	Added	6,392,388	+71,630	$118,578,797	−0.3%	7	$13.98	1.49%
BIO	Bio-Rad Laboratories, Inc. Healthcare	Reduced	401,861	-5,497	$117,990,408	+3.9%	11	$303.59	1.48%
DHR	Danaher Corp Healthcare	NEW	564,781	NEW	$107,579,484	NEW	1	$181.57	1.35%
ICLR	Icon PLC Healthcare	Reduced	606,523	-384,552	$105,359,110	−3.9%	16	$180.71	1.32%
DEI	Douglas Emmett Inc Real Estate	Added	8,743,999	+107,029	$103,179,188	+26.8%	14	$11.87	1.29%
WAT	Waters Corp Healthcare	Added	268,164	+692	$100,572,226	+26.3%	2	$342.13	1.26%
PYPL	PayPal Holdings, Inc. Financial Services	Added	2,137,851	+746,442	$92,312,406	+46.7%	2	$47.29	1.16%
LPLA	LPL Financial Holdings Inc. Financial Services	Added	321,244	+620	$90,488,009	−6.2%	26+	before history	1.13%
INTU	Intuit Inc. Technology	NEW	331,964	NEW	$86,642,604	NEW	1	$348.33	1.09%
SAP	Sap SE Technology	NEW	555,426	NEW	$85,596,700	NEW	1	$170.55	1.07%
AVTR	Avantor, Inc. Healthcare	Added	8,190,740	+101,717	$81,088,326	+27.9%	5	$11.31	1.02%
CNH	CNH Industrial N.V. Industrials	Added	7,148,586	+2,339,331	$80,278,620	+51.8%	2	$11.05	1.01%
UBER	Uber Technologies, Inc Technology	Added	976,544	+6,727	$70,467,415	+1.0%	19	$41.82	0.88%
VNO	Vornado Realty Trust Real Estate	Added	1,683,761	+3,160	$66,171,807	+51.5%	16	$24.15	0.83%
WFC	Wells Fargo & Company Financial Services	Reduced	784,923	-87,807	$64,866,036	−6.6%	26+	before history	0.81%
GEHC	GE HealthCare Technologies Inc. Healthcare	NEW	827,379	NEW	$52,960,529	NEW	1	$65.73	0.66%
MICC	Magnum Ice Cream Co N.V. Consumer Defensive	Added	2,971,716	+716,606	$51,737,575	+53.5%	3	unpriced	0.65%
WAB	Westinghouse Air Brake Technologies Corp Industrials	Reduced	189,045	-71,687	$50,966,532	−21.8%	26+	before history	0.64%
VYX	NCR Voyix Corp Technology	Added	5,413,012	+7,930	$44,224,308	+29.3%	14	unpriced	0.55%
AVGO	Broadcom Inc. Technology	Added	63,167	+702	$23,861,334	+23.4%	26+	before history	0.30%
MRSH	Marsh & Mclennan Companies, Inc. Financial Services	Added	121,213	+12,516	$20,202,570	+7.2%	2	$178.48	0.25%
PCG	PG&E Corp Utilities	Added	1,172,695	+10,633	$19,724,729	−3.4%	26+	before history	0.25%
VBIL	Vanguard Institutional Index Funds	Added	260,280	+170,121	$19,697,990	+188.8%	2	$75.55	0.25%
RUSHA	Rush Enterprises Inc \Tx\ Consumer Cyclical	Held	129,094	0	$14,133,856	+10.4%	26+	before history	0.18%
ECHO	EchoStar CORP PUT + SHARES Communication Services	Held	94,066	0	$9,547,699	−13.3%	8	$20.85	0.12%
STGW	Stagwell Inc Communication Services	Held	1,191,918	0	$8,855,950	+18.1%	18	$6.94	0.11%
MAR	Marriott International Inc Consumer Cyclical	Reduced	18,445	-214,309	$6,835,532	−91.0%	26+	before history	0.09%
FPAG	Investment Managers Series Trust III	NEW	145,470	NEW	$5,839,747	NEW	1	$39.11	0.07%

Showing the top 50 of 72 positions. Create a free account to see every position, past quarters, search, filters and CSV export.

Covers the securities this platform tracks: U.S.-listed common stock and the put/call positions reported on it. A 13F can also report security types outside that coverage — preferred shares, bonds, warrants, untracked share classes — so the filing's own declared total can exceed the figures above. The source filing is linked at the top of this table.