First Pacific Advisors, LP
In its 13F for Q1 2026 (holdings as of March 31, 2026, filed May 14, 2026), First Pacific Advisors, LP reported 83 stock positions worth $7.0 billion. Its top holding was Analog Devices (ADI) at 7.8% of the portfolio, followed by Alphabet Class A (GOOGL, 6.9%) and Intl Flavors & Fragrances (IFF, 5.6%). Compared with Q4 2025, it opened 27 new positions, sold out of 5, added to 22 and reduced 23. The biggest buy was a new position in Baxter International (BAX) and the biggest sale an exit from Charter Communications Class A (CHTR).
- Most Recent 13F
- Q2 2026
- Location
- EL SEGUNDO, CA
- CIK
- 0001377581
- Portfolio Value
- $7.0B (Q1 2026)
- SEC Filing
- 0001377581-26-000005 ↗ filed May 14, 2026
Holdings Value
Holdings 83 stocks · $7.0B
| ADI Analog Devices Inc. | 7.83% | 1,723,135 | $548.2M | Reduce -8.1% |
| GOOGL Alphabet Inc. Class A | 6.92% | 1,683,493 | $484.1M | Reduce -11.9% |
| IFF Intl Flavors & Fragrances filed as INTERNATIONAL FLAVORS&FRAGRA | 5.61% | 5,409,925 | $392.5M | Add +1.6% |
| META Meta Platforms Inc. Class A | 5.56% | 680,613 | $389.4M | Reduce -3.1% |
| GOOG Alphabet Inc. Class C | 5.46% | 1,333,157 | $382.4M | Reduce -1.2% |
| C Citigroup Inc. | 5.15% | 3,175,212 | $360.1M | Reduce -9.5% |
| TEL Te Connectivity PLC | 4.93% | 1,650,857 | $345.1M | Reduce -7.3% |
| BDX Becton Dickinson and Co. | 4.45% | 1,980,440 | $311.4M | Add +1.5% |
| AMZN Amazon.com Inc. | 4.21% | 1,416,219 | $295.0M | Add +0.4% |
| CMCSA Comcast Corp. Class A | 3.52% | 8,592,563 | $246.7M | Add +2.3% |
| LBRDK Liberty Broadband-C | 3.34% | 4,642,610 | $233.5M | Add +73.9% |
| AON Aon PLC Class A | 3.24% | 703,258 | $227.0M | Add +7.1% |
| FERG Ferguson Enterprises Inc. | 2.72% | 816,993 | $190.6M | Reduce -7.9% |
| AMRZ Amrize Ltd. | 2.52% | 3,146,383 | $176.3M | Reduce -7.7% |
| NXPI NXP Semiconductors NV | 2.16% | 768,915 | $151.4M | Add +0.3% |
| MTN Vail Resorts Inc. | 2.16% | 1,176,350 | $150.9M | Add +8.2% |
| FBIN Fortune Brands Innovations I | 2.11% | 3,792,230 | $147.8M | Add +7.6% |
| KMX Carmax Inc. | 1.77% | 2,981,709 | $124.0M | Add +2.0% |
| NOV Nov Inc. | 1.70% | 6,320,758 | $118.9M | Reduce -21.9% |
| BIO Bio-Rad Laboratories-A | 1.62% | 407,358 | $113.6M | Add +1.5% |
| BAX Baxter International Inc. | 1.61% | 6,700,925 | $112.6M | New |
| ICLR Icon PLC | 1.57% | 991,075 | $109.7M | Add +1.1% |
| TMO Thermo Fisher Scientific Inc. | 1.56% | 221,896 | $109.1M | Add +1.5% |
| JEF Jefferies Financial Group Inc. | 1.53% | 2,586,501 | $106.7M | Add +0.2% |
| LPLA LPL Financial Holdings Inc. | 1.38% | 320,624 | $96.5M | Reduce -17.2% |
| AJG Arthur J Gallagher & Co. filed as GALLAGHER ARTHUR J & CO | 1.20% | 387,687 | $84.0M | New |
| DEI Douglas Emmett Inc. | 1.16% | 8,636,970 | $81.4M | Add +32.3% |
| WAT Waters Corp. | 1.14% | 267,472 | $79.7M | New |
| MAR Marriott International Class A | 1.09% | 232,754 | $76.1M | Reduce -40.3% |
| UBER Uber Technologies Inc. | 1.00% | 969,817 | $69.8M | Add +1.7% |
| WFC Wells Fargo & Co. | 0.99% | 872,730 | $69.5M | Reduce -21.4% |
| WAB Wabtec Corp. | 0.93% | 260,732 | $65.2M | Reduce -41.4% |
| AVTR Avantor Inc. | 0.91% | 8,089,023 | $63.4M | Add +103.8% |
| PYPL PayPal Holdings Inc. | 0.90% | 1,391,409 | $62.9M | New |
| DELL Dell Technologies -C | 0.90% | 382,985 | $62.9M | No change |
| CNH CNH Industrial NV | 0.76% | 4,809,255 | $52.9M | New |
| KMI Kinder Morgan Inc. | 0.64% | 1,332,715 | $44.7M | Reduce -67.3% |
| VNO Vornado Realty Trust | 0.62% | 1,680,601 | $43.7M | Add +0.2% |
| VYX NCR Voyix Corp. | 0.49% | 5,405,082 | $34.2M | Add +7.3% |
| MICC The Magnum Ice Cream Co. NV | 0.48% | 2,255,110 | $33.7M | Add +32.8% |
| PCG P G & E Corp. | 0.29% | 1,162,062 | $20.4M | Add +1.7% |
| AVGO Broadcom Inc. | 0.28% | 62,465 | $19.3M | Reduce -27.5% |
| MRSH Marsh & McLennan Cos | 0.27% | 108,697 | $18.9M | New |
| RUSHA Rush Enterprises Inc. Class A | 0.12% | 129,094 | $8.5M | Reduce -12.8% |
| STGW Stagwell Inc. | 0.11% | 1,191,918 | $7.5M | No change |
| TDW Tidewater Inc. | 0.10% | 82,549 | $6.9M | Reduce -13.1% |
| VBIL Vanguard 0-3M T-Bill ETF | 0.10% | 90,159 | $6.8M | New |
| GLD SPDR Gold Shares | 0.09% | 13,995 | $6.0M | New |
| EQPT Equipmentshare.com Inc. Class A | 0.08% | 285,714 | $5.8M | New |
| ECHO Echostar Corp. Class A | 0.08% | 47,066 | $5.5M | Reduce -80.3% |
| NATL NCR Atleos Corp. | 0.07% | 110,933 | $4.8M | Reduce -94.6% |
| VT Vanguard Tot World STK ETF | 0.05% | 26,390 | $3.7M | Add +33.7% |
| PDLB Ponce Financial Group Inc. | 0.04% | 181,562 | $3.0M | No change |
| RSVR Reservoir Media Inc. | 0.04% | 308,747 | $3.0M | Reduce -6.2% |
| ALGT Allegiant Travel Co. | 0.04% | 34,186 | $2.8M | No change |
| OEC Orion SA | 0.04% | 417,388 | $2.7M | No change |
| MRVI Maravai Lifesciences Hldgs-A | 0.04% | 884,883 | $2.5M | No change |
| PBFS Pioneer Bancorp Inc. | 0.03% | 166,974 | $2.3M | No change |
| PARR Par Pacific Holdings Inc. | 0.03% | 32,651 | $2.0M | Reduce -25.3% |
| FNV Franco-Nevada Corp. | 0.02% | 6,611 | $1.6M | New |
| NFLX Netflix Inc. | 0.02% | 16,400 | $1.6M | No change |
| ASLE Aersale Corp. | 0.02% | 208,726 | $1.3M | No change |
| CVX Chevron Corp. | 0.02% | 6,144 | $1.3M | New |
| SCCO Southern Copper Corp. | 0.02% | 7,056 | $1.2M | New |
| ROST Ross Stores Inc. | 0.02% | 5,154 | $1.1M | New |
| TSLA Tesla Inc. | 0.02% | 3,000 | $1.1M | New |
| EMR Emerson Electric Co. | 0.02% | 8,426 | $1.1M | New |
| DG Dollar General Corp. | 0.02% | 9,077 | $1.1M | New |
| CSL Carlisle Cos Inc. | 0.01% | 2,632 | $878K | New |
| ORLY O'reilly Automotive Inc. | 0.01% | 8,355 | $771K | New |
| NVST Envista Holdings Corp. | 0.01% | 30,397 | $771K | New |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.01% | 7,872 | $759K | New |
| HSIC Henry Schein Inc. filed as SCHEIN HENRY INC | 0.01% | 9,914 | $731K | New |
| GWW WW Grainger Inc. | 0.01% | 669 | $730K | New |
| MCD McDonald's Corp. | 0.01% | 2,142 | $666K | New |
| UPWK Upwork Inc. | 0.01% | 57,081 | $626K | No change |
| CPAY Corpay Inc. | 0.01% | 2,147 | $625K | New |
| SMG Scotts Miracle-Gro Co. | 0.01% | 7,357 | $447K | New |
| BIDU Baidu Inc. - Spon ADR | 0.01% | 3,421 | $381K | New |
| UNIT Uniti Group Inc. | 0.00% | 25,235 | $237K | No change |
| HYBB iShares BB Rated Corp. Bond | 0.00% | 142 | $7K | Reduce -50.4% |
| EBC Eastern Bankshares Inc. | 0.00% | 83 | $2K | Reduce -99.9% |
| DEO Diageo PLC-Sponsored ADR | 0.00% | 1 | $74 | New |
Options reported separately and not counted above: ECHO puts ($5.5M).
Other holdings (2): bonds, preferreds, convertibles and warrants · $135.3M (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| ECHOSTAR CORP (ECHO 3.875 11/30/30) | NOTE 3.875%11/3 · principal | 36,570,974 | $130.6M | Reduce -7.0% |
| WAYFAIR INC (W 1 08/15/26) | NOTE 1.000% 8/1 · principal | 4,934,000 | $4.6M | No change |
Total filed on the 13F, all lines: $7.1B.
Portfolio Sells Q4 2025 → Q1 2026
| CHTR Charter Communications Inc. Class A | Sold out | 0.00% | −1.29 |
| GOOGL Alphabet Inc. Class A | Reduce -11.9% | 6.92% | −1.11 |
| NATL NCR Atleos Corp. | Reduce -94.6% | 0.07% | −0.97 |
| KMI Kinder Morgan Inc. | Reduce -67.3% | 0.64% | −0.86 |
| META Meta Platforms Inc. Class A | Reduce -3.1% | 5.56% | −0.65 |
| MAR Marriott International Class A | Reduce -40.3% | 1.09% | −0.53 |
| TEL Te Connectivity PLC | Reduce -7.3% | 4.93% | −0.50 |
| LPLA LPL Financial Holdings Inc. | Reduce -17.2% | 1.38% | −0.48 |
| WFC Wells Fargo & Co. | Reduce -21.4% | 0.99% | −0.39 |
| GPOR Gulfport Energy Corp. | Sold out | 0.00% | −0.36 |
| C Citigroup Inc. | Reduce -9.5% | 5.15% | −0.34 |
| WAB Wabtec Corp. | Reduce -41.4% | 0.93% | −0.34 |
| ECHO Echostar Corp. Class A | Reduce -80.3% | 0.08% | −0.27 |
| GOOG Alphabet Inc. Class C | Reduce -1.2% | 5.46% | −0.22 |
| AVGO Broadcom Inc. | Reduce -27.5% | 0.28% | −0.12 |
| SGOV iShares 0-3 Month Treasury B | Sold out | 0.00% | −0.06 |
| LAUR Laureate Education Inc. | Sold out | 0.00% | −0.05 |
| DAR Darling Ingredients Inc. | Sold out | 0.00% | −0.03 |
| EBC Eastern Bankshares Inc. | Reduce -99.9% | 0.00% | −0.02 |
| HYBB iShares BB Rated Corp. Bond | Reduce -50.4% | 0.00% | −0.00 |
| NOV Nov Inc. | Reduce -21.9% | 1.70% | +0.00 |
| PARR Par Pacific Holdings Inc. | Reduce -25.3% | 0.03% | +0.01 |
| RSVR Reservoir Media Inc. | Reduce -6.2% | 0.04% | +0.01 |
| RUSHA Rush Enterprises Inc. Class A | Reduce -12.8% | 0.12% | +0.01 |
| TDW Tidewater Inc. | Reduce -13.1% | 0.10% | +0.03 |
| AMRZ Amrize Ltd. | Reduce -7.7% | 2.52% | +0.05 |
| FERG Ferguson Enterprises Inc. | Reduce -7.9% | 2.72% | +0.07 |
| ADI Analog Devices Inc. | Reduce -8.1% | 7.83% | +1.01 |
Portfolio Buys Q4 2025 → Q1 2026
| BAX Baxter International Inc. | New | 1.61% | +1.61 |
| LBRDK Liberty Broadband-C | Add +73.9% | 3.34% | +1.60 |
| AJG Arthur J Gallagher & Co. | New | 1.20% | +1.20 |
| WAT Waters Corp. | New | 1.14% | +1.14 |
| PYPL PayPal Holdings Inc. | New | 0.90% | +0.90 |
| IFF Intl Flavors & Fragrances | Add +1.6% | 5.61% | +0.79 |
| CNH CNH Industrial NV | New | 0.76% | +0.76 |
| AVTR Avantor Inc. | Add +103.8% | 0.91% | +0.30 |
| MRSH Marsh & McLennan Cos | New | 0.27% | +0.27 |
| KMX Carmax Inc. | Add +2.0% | 1.77% | +0.26 |
| MTN Vail Resorts Inc. | Add +8.2% | 2.16% | +0.22 |
| DEI Douglas Emmett Inc. | Add +32.3% | 1.16% | +0.20 |
| CMCSA Comcast Corp. Class A | Add +2.3% | 3.52% | +0.16 |
| AON Aon PLC Class A | Add +7.1% | 3.24% | +0.14 |
| MICC The Magnum Ice Cream Co. NV | Add +32.8% | 0.48% | +0.12 |
| VBIL Vanguard 0-3M T-Bill ETF | New | 0.10% | +0.10 |
| GLD SPDR Gold Shares | New | 0.09% | +0.09 |
| EQPT Equipmentshare.com Inc. Class A | New | 0.08% | +0.08 |
| PCG P G & E Corp. | Add +1.7% | 0.29% | +0.05 |
| FNV Franco-Nevada Corp. | New | 0.02% | +0.02 |
| CVX Chevron Corp. | New | 0.02% | +0.02 |
| SCCO Southern Copper Corp. | New | 0.02% | +0.02 |
| ROST Ross Stores Inc. | New | 0.02% | +0.02 |
| TSLA Tesla Inc. | New | 0.02% | +0.02 |
| EMR Emerson Electric Co. | New | 0.02% | +0.02 |
| DG Dollar General Corp. | New | 0.02% | +0.02 |
| VT Vanguard Tot World STK ETF | Add +33.7% | 0.05% | +0.01 |
| CSL Carlisle Cos Inc. | New | 0.01% | +0.01 |
| NVST Envista Holdings Corp. | New | 0.01% | +0.01 |
| ORLY O'reilly Automotive Inc. | New | 0.01% | +0.01 |
| DIS The Walt Disney Co. | New | 0.01% | +0.01 |
| GWW WW Grainger Inc. | New | 0.01% | +0.01 |
| HSIC Henry Schein Inc. | New | 0.01% | +0.01 |
| MCD McDonald's Corp. | New | 0.01% | +0.01 |
| CPAY Corpay Inc. | New | 0.01% | +0.01 |
| SMG Scotts Miracle-Gro Co. | New | 0.01% | +0.01 |
| BIDU Baidu Inc. - Spon ADR | New | 0.01% | +0.01 |
| DEO Diageo PLC-Sponsored ADR | New | 0.00% | 0.00 |
| BIO Bio-Rad Laboratories-A | Add +1.5% | 1.62% | −0.01 |
| UBER Uber Technologies Inc. | Add +1.7% | 1.00% | −0.05 |
| NXPI NXP Semiconductors NV | Add +0.3% | 2.16% | −0.07 |
| VNO Vornado Realty Trust | Add +0.2% | 0.62% | −0.12 |
| TMO Thermo Fisher Scientific Inc. | Add +1.5% | 1.56% | −0.14 |
| AMZN Amazon.com Inc. | Add +0.4% | 4.21% | −0.15 |
| VYX NCR Voyix Corp. | Add +7.3% | 0.49% | −0.20 |
| FBIN Fortune Brands Innovations I | Add +7.6% | 2.11% | −0.25 |
| JEF Jefferies Financial Group Inc. | Add +0.2% | 1.53% | −0.62 |
| BDX Becton Dickinson and Co. | Add +1.5% | 4.45% | −0.63 |
| ICLR Icon PLC | Add +1.1% | 1.57% | −0.83 |
Notes & Other Activity Q4 2025 → Q1 2026
| ECHOSTAR CORP (ECHO 3.875 11/30/30) | NOTE 3.875%11/3 · principal | Reduce -7.0% | 36,570,974 | $130.6M |
Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 72 | $8.0B | ADI, GOOGL, GOOG, IFF, C |
| Q1 2026 | 83 | $7.0B | ADI, GOOGL, IFF, META, GOOG |
| Q4 2025 | 61 | $7.5B | GOOGL, ADI, META, GOOG, C |
| Q3 2025 | 59 | $7.1B | GOOGL, META, ADI, TEL, C |
| Q2 2025 | 60 | $6.9B | META, ADI, TEL, C, GOOGL |
| Q1 2025 | 55 | $6.2B | META, ADI, C, CMCSA, GOOGL |
| Q4 2024 | 55 | $6.9B | META, GOOGL, C, ADI, CMCSA |
| Q3 2024 | 57 | $7.1B | META, ADI, GOOGL, CMCSA, C |
| Q2 2024 | 57 | $7.3B | GOOGL, ADI, META, C, CMCSA |
| Q1 2024 | 56 | $7.0B | META, GOOGL, CMCSA, C, ADI |