First Pacific Advisors, LP
First Pacific Advisors, LP is an investment management firm based in El Segundo, California. It is known for offering traditional and alternative investment strategies to institutional and individual investors. The firm manages a variety of funds, including mutual funds and ETFs, and has a longstanding reputation in value-oriented investing. Founded in 1954, First Pacific Advisors serves a global client base, leveraging decades of experience and expertise in asset management for both retail and institutional clients.
Investment Strategy
First Pacific Advisors, LP employs a fundamental, research-driven investment strategy focused on long-term value creation. The firm manages equities, fixed income, and alternative strategies, often emphasizing capital preservation. Their philosophy centers on deep bottom-up analysis, risk management, and investing with a margin of safety across a range of asset classes. FPA combines both absolute and relative value approaches, aiming for strong risk-adjusted returns for their clients over extended periods.
Top Holdings
Equity Positions (59)
| Ticker | Security | Weight | Market Value | Shares | Avg Cost | Price | Change (QoQ) |
|---|---|---|---|---|---|---|---|
M META | META PLATFORMS INC | 8.21% | $573.5M | 777,005 | $167.37 | $738.09 | +$122.5M |
A ADI | ANALOG DEVICES INC | 7.10% | $496.3M | 2,085,045 | $58.35 | $238.02 | +$71.7M |
T TEL | TE CONNECTIVITY PLC | 6.41% | $448.1M | 2,656,748 | $150.92 | $168.67 | +$68.9M |
C C | CITIGROUP INC | 6.40% | $447.1M | 5,253,021 | $49.21 | $85.12 | +$36.9M |
G GOOGL | ALPHABET INC | 6.25% | $436.8M | 2,478,411 | $48.42 | $176.23 | +$41.6M |