FPR PARTNERS LLC
CIK
1546190
Location
SAN FRANCISCO, CA
Portfolio Value
Mid
$2,163,616,474
Diversification
Highly concentrated
Filing Date
Global Rank
#1,004
/ 7,982
▼ 228
· as of Mar 2025
Top Industry
Software - Application
80.5%
3Y Alpha vs SPY
-58.6%
Period ended 1 year ago
Filed May 14, 2025 · 1y
21 quarters · since Mar 2020
Clone Performance
Jul 2023–Jul 2026 · vs SPYHypothetical growth of cloning every reported 13F position and rebalancing on each filing, indexed to the same start.
Cloned portfolio
-75.2%
SPY
+76.5%
Annualised alpha
-58.0%
Max drawdown
−81.3%
Estimate. 13F holdings are quarter-lagged and long-only, so the clone rebalances about 45 days after each period end — when the filing becomes public — and excludes options and short positions. Past performance does not predict future results.
Portfolio Concentration
8 positions · as of Mar 31, 2025 · Δ vs Dec 31, 2024Top Position
80.5%
−2.0 pts
Top 5
95.1%
−0.1 pts
Top 10
100.0%
0.0 pts
HHI
6,543
Highly concentrated−313
Portfolio Trend
21 quarters · across all stocks
Sector Breakdown
As of Mar 31, 2025| Sector | % Portfolio | Value |
|---|---|---|
| Technology | 82.8% | $1,791,923,512 |
| Communication Services | 8.0% | $173,226,391 |
| Energy | 3.8% | $81,963,580 |
| Consumer Defensive | 3.3% | $71,673,013 |
| Financial Services | 2.1% | $44,829,978 |
Last Quarter's Activity
Export CSVAdded To
Positions the filer increasedNo qualifying positions this quarter.
Trimmed
Positions the filer reduced
8 positions
| Ticker | Company | Δ Shares | Shares | Value | Open |
|---|---|---|---|---|---|
| TV | Grupo Televisa, S.A.B. | −16,589,070 | 5,851,700 | $10,240,475 | |
| ALIT | Alight, Inc. / Delaware | −6,525,000 | 14,683,290 | $1,741,438,194 | |
| VISN | Vistance Networks, Inc. | −3,200,000 | 9,507,593 | $50,485,318 | |
| KMI | Kinder Morgan, Inc. | −2,530,000 | 2,872,891 | $81,963,580 | |
| SIRI | Sirius Xm Holdings Inc. | −1,957,000 | 4,395,520 | $99,118,976 | |
| GO | Grocery Outlet Holding Corp. | −864,649 | 5,126,825 | $71,673,013 | |
| ACGL | Arch Capital Group Ltd. | −200,000 | 466,105 | $44,829,978 | |
| LBRDA | Liberty Broadband Corp | −106,504 | 801,718 | $63,866,940 | |
| No positions match the current search. | |||||
New Positions
Positions the filer opened this quarterNo qualifying positions this quarter.
Sold Out
Positions the filer fully exited
1 positions
| Ticker | Company | Shares | Value | Open |
|---|---|---|---|---|
| CVNA | Carvana Co. | 197,100 | $8,016,451 | |
| No positions match the current search. | ||||
8 positions ·
$2,163,616,474 total
· as of Mar 31, 2025
| Ticker | Company | Type | Shares | Value (USD) | % of Portfolio | History |
|---|---|---|---|---|---|---|
| ALIT |
Alight, Inc. / Delaware
Technology
|
Reduced | 14,683,290 | $1,741,438,194 | 80.49% | |
| SIRI |
Sirius Xm Holdings Inc.
Communication Services
|
Reduced | 4,395,520 | $99,118,976 | 4.58% | |
| KMI |
Kinder Morgan, Inc.
Energy
|
Reduced | 2,872,891 | $81,963,580 | 3.79% | |
| GO |
Grocery Outlet Holding Corp.
Consumer Defensive
|
Reduced | 5,126,825 | $71,673,013 | 3.31% | |
| LBRDA |
Liberty Broadband Corp
Communication Services
|
Reduced | 801,718 | $63,866,940 | 2.95% | |
| VISN |
Vistance Networks, Inc.
Technology
|
Reduced | 9,507,593 | $50,485,318 | 2.33% | |
| ACGL |
Arch Capital Group Ltd.
Financial Services
|
Reduced | 466,105 | $44,829,978 | 2.07% | |
| TV |
Grupo Televisa, S.A.B.
Communication Services
|
Reduced | 5,851,700 | $10,240,475 | 0.47% |