Q2 2026 · SEC CIK 0001377581

First Pacific Advisors portfolio

SuperinvestorMutual fund managerFirst Pacific Advisors, LP filed on 2026-08-14. Open SEC filings ↗

Reported 13F value: $8.0B
Reported positions: 72
Eligible equities: 60
Holdings vs S&P 500, 3 years: -0.7 pts

Average holding period of the top positions: 8.0 yrs. Holdings vs the S&P 500 over 1 and 5 years: -1.9 pts, -1.4 pts.

In its Q2 2026 13F, filed 2026-08-14, First Pacific Advisors, LP reported 72 positions worth $8.0B. Its largest holdings were ANALOG DEVICES INC (ADI, 8.0%), ALPHABET INC (GOOGL, 6.3%), ALPHABET INC (GOOG, 5.9%). Over the last 3 years its top holdings ran 0.7 points a year behind the S&P 500.

Reported holdings in the Q2 2026 13F.

The portfolio weight uses the full reported share-portfolio denominator. Weight changes compare this 13F with the one before it; price moves also change weights, so these are not trade labels. “New” means the position was not in the previous 13F at all; “—” marks a small position the earlier filing data does not cover.

First Pacific Advisors eligible holdings
Stock	% of reported portfolio	Prior quarter	Weight change	Reported shares	Reported value
ADIANALOG DEVICES INC	8.0%	7.8%	+0.14 pp	1,598,506	$634.9M
GOOGLALPHABET INC	6.3%	6.9%	-0.60 pp	1,408,518	$503.4M
GOOGALPHABET INC	5.9%	5.5%	+0.45 pp	1,333,205	$471.1M
IFFINTERNATIONAL FLAVORS&FRAGRA	5.4%	5.6%	-0.18 pp	5,455,081	$432.2M
CCITIGROUP INC	5.3%	5.1%	+0.16 pp	3,016,828	$422.2M
METAMETA PLATFORMS INC	4.8%	5.6%	-0.76 pp	679,884	$383.0M
AMZNAMAZON COM INC	4.1%	4.2%	-0.14 pp	1,360,585	$324.3M
BDXBECTON DICKINSON & CO	4.0%	4.4%	-0.44 pp	2,110,794	$319.4M
AJGGALLAGHER ARTHUR J & CO	3.9%	1.2%	+2.65 pp	1,336,290	$306.8M
AONAON PLC	2.8%	3.2%	-0.41 pp	681,367	$226.0M
CMCSACOMCAST CORP NEW	2.7%	3.5%	-0.85 pp	8,676,664	$213.0M
NXPINXP SEMICONDUCTORS N V	2.4%	2.2%	+0.27 pp	688,107	$193.4M
FERGFERGUSON ENTERPRISES INC	2.3%	2.7%	-0.38 pp	786,822	$186.7M
MTNVAIL RESORTS INC	2.2%	2.2%	+0.07 pp	1,304,959	$177.7M
BAXBAXTER INTL INC	2.0%	1.6%	+0.43 pp	7,618,145	$162.4M
KMXCARMAX INC	2.0%	1.8%	+0.23 pp	3,008,564	$159.1M
JEFJEFFERIES FINANCIAL GROUP IN	1.7%	1.5%	+0.17 pp	2,704,265	$135.2M
TMOTHERMO FISHER SCIENTIFIC INC	1.6%	1.6%	+0.00 pp	248,244	$124.5M
NOVNOV INC	1.5%	1.7%	-0.21 pp	6,392,388	$118.6M
BIOBIO RAD LABS INC	1.5%	1.6%	-0.14 pp	401,861	$118.0M
DHRDANAHER CORP DEL	1.4%	—	—	564,781	$107.6M
ICLRICON PUB LTD CO	1.3%	1.6%	-0.24 pp	606,523	$105.4M
DEIDOUGLAS EMMETT INC	1.3%	1.2%	+0.13 pp	8,743,999	$103.2M
WATWATERS CORP	1.3%	1.1%	+0.13 pp	268,164	$100.6M
PYPLPAYPAL HLDGS INC	1.2%	0.9%	+0.26 pp	2,137,851	$92.3M
LPLALPL FINL HLDGS INC	1.1%	1.4%	-0.24 pp	321,244	$90.5M
INTUINTUIT	1.1%	—	—	331,964	$86.6M
SAPSAP SE	1.1%	—	—	555,426	$85.6M
AVTRAVANTOR INC	1.0%	0.9%	+0.11 pp	8,190,740	$81.1M
UBERUBER TECHNOLOGIES INC	0.9%	1.0%	-0.11 pp	976,544	$70.5M
VNOVORNADO RLTY TR	0.8%	0.6%	+0.21 pp	1,683,761	$66.2M
WFCWELLS FARGO & CO	0.8%	1.0%	-0.18 pp	784,923	$64.9M
GEHCGE HEALTHCARE TECHNOLOGIES I	0.7%	—	—	827,379	$53.0M
MICCMAGNUM ICE CREAM CO NV	0.7%	0.5%	+0.17 pp	2,971,716	$51.7M
WABWABTEC	0.6%	0.9%	-0.29 pp	189,045	$51.0M
VYXNCR VOYIX CORPORATION	0.6%	0.5%	+0.07 pp	5,413,012	$44.2M
AVGOBROADCOM INC	0.3%	0.3%	+0.02 pp	63,167	$23.9M
MRSHMARSH & MCLENNAN COS INC	0.3%	0.3%	-0.02 pp	121,213	$20.2M
PCGPG&E CORP	0.2%	0.3%	-0.04 pp	1,172,695	$19.7M
RUSHARUSH ENTERPRISES INC	0.1%	0.1%	-0.00 pp	129,094	$9.4M
STGWSTAGWELL INC	0.1%	0.1%	+0.00 pp	1,191,918	$8.9M
MARMARRIOTT INTL INC NEW	0.1%	1.1%	-1.00 pp	18,445	$6.8M
EQPTEQUIPMENTSHARE COM INC	0.1%	0.1%	-0.01 pp	285,714	$5.6M
MRVIMARAVAI LIFESCIENCES HLDGS I	0.1%	—	—	884,883	$5.5M
TDWTIDEWATER INC NEW	0.1%	0.1%	-0.04 pp	76,423	$5.1M
ALGTALLEGIANT TRAVEL CO	0.1%	0.0%	+0.01 pp	34,186	$4.0M
PDLBPONCE FINANCIAL GROUP INC	0.0%	0.0%	+0.00 pp	181,562	$3.6M
RSVRRESERVOIR MEDIA INC	0.0%	0.0%	-0.00 pp	308,747	$3.1M
PBFSPIONEER BANCORP INC MD	0.0%	0.0%	+0.00 pp	166,974	$2.9M
WLFCWILLIS LEASE FIN CORP	0.0%	—	—	11,443	$2.6M
NATLNCR ATLEOS CORPORATION	0.0%	0.1%	-0.04 pp	50,033	$2.2M
PARRPAR PAC HOLDINGS INC	0.0%	0.0%	-0.01 pp	23,720	$1.3M
ASLEAERSALE CORPORATION	0.0%	0.0%	-0.00 pp	208,726	$1.3M
SCCOSOUTHERN COPPER CORP	0.0%	0.0%	-0.00 pp	7,126	$1.2M
NFLXNETFLIX INC.	0.0%	0.0%	-0.01 pp	16,400	$1.2M
CSLCARLISLE COS INC	0.0%	0.0%	-0.00 pp	2,632	$955K
UPWKUPWORK INC	0.0%	0.0%	-0.00 pp	57,081	$477K
BIDUBAIDU INC	0.0%	0.0%	+0.00 pp	3,421	$391K
UNITUNITI GROUP LLC	0.0%	0.0%	+0.00 pp	25,235	$289K
DEODIAGEO PLC	0.0%	0.0%	+0.00 pp	1	$80.00

What First Pacific Advisors bought and sold in Q2 2026, against Q1 2026.

New positions

Q1 2026's filing was too long to tell new positions apart.

Added to

AJG Gallagher Arthur J & Co+244.7% shares
VBIL Vanguard Instl Index Fd+188.7% shares
PYPL Paypal Hldgs Inc+53.6% shares
CNHI Cnh Indl N V+48.6% shares
MICC Magnum Ice Cream+31.8% shares
BAX Baxter Intl Inc+13.7% shares
TMO Thermo Fisher Scientific Inc+11.9% shares
MRSH Marsh & Mclennan Cos+11.5% shares

Reduced

MAR Marriott Intl Inc New-92.1% shares
ICLR Icon Plc-38.8% shares
WAB Wabtec-27.5% shares
GOOGL Alphabet Inc-16.3% shares
NXPI Nxp Semiconductors N V-10.5% shares
WFC Wells Fargo & Co-10.1% shares
ADI Analog Devices Inc-7.2% shares
TEL Te Connectivity PLC-6.0% shares

Left the top 50

Share counts compared with the Q1 2026 13F; a split also changes share counts. The latest filing lists more than 50 positions, so a position that left the top 50 may still be held.

How the holdings did against the S&P 500.

1 year: +17.7% /yr; S&P 500 +20.1%
3 years: +19.4% /yr; S&P 500 +20.4%
5 years: +9.7% /yr; S&P 500 +11.6%

A portfolio of the filer's 20 largest 13F positions, weighted by value, bought the trading day after each 13F was filed and held until the next one was: what copying this filer could have earned. 13Fs show long US-listed positions only, so this is an estimate of the stock picks, not the fund's reported returns.

Questions about First Pacific Advisors's portfolio

What stocks does First Pacific Advisors own?

First Pacific Advisors, LP's latest 13F, for Q2 2026 and filed Aug 14, 2026, lists 72 positions worth $8.0B. The largest are Analog Devices Inc (ADI) at 8.0%, Alphabet Inc (GOOGL) at 6.3%, Alphabet Inc (GOOG) at 5.9%, International Flavors&fragra (IFF) at 5.4% and Citigroup Inc (C) at 5.3%.

What did First Pacific Advisors buy last quarter?

In Q2 2026, First Pacific Advisors, LP added Gallagher Arthur J & Co (AJG) (+244.7% shares), Vanguard Instl Index Fd (VBIL) (+188.7% shares) and Paypal Hldgs Inc (PYPL) (+53.6% shares), compared with its Q1 2026 filing.

What did First Pacific Advisors sell last quarter?

In Q2 2026, First Pacific Advisors, LP cut from its top 50 Dell Technologies Inc (DELL), cut from its top 50 Kinder Morgan Inc Del (KMI), cut from its top 50 Tidewater Inc New (TDW), cut from its top 50 Spdr Gold Tr (GLD), cut from its top 50 EchoStar Corp (ECHO), Marriott Intl Inc New (MAR) (-92.1% shares), Icon Plc (ICLR) (-38.8% shares) and Wabtec (WAB) (-27.5% shares), compared with its Q1 2026 filing.

How has First Pacific Advisors's portfolio performed?

A portfolio copying First Pacific Advisors, LP's 20 largest 13F holdings each quarter, from the day each filing was public, returned +19.4% a year over the last 3 years, against +20.4% for the S&P 500. Over 1 year: +17.7% against +20.1%. Over 5 years: +9.7% a year against +11.6%.

When is First Pacific Advisors, LP's next 13F filing due?

13F filings are due 45 days after each quarter ends. First Pacific Advisors, LP's filing for the quarter ending Sep 30, 2026 is due by Nov 14, 2026; this page updates the day after it is published.

How much money does First Pacific Advisors, LP manage?

First Pacific Advisors, LP reported $32.0B of regulatory assets under management on its latest SEC Form ADV. Its 13F, which covers only US-listed stocks and options, totals $8.0B.