First Pacific Advisors 13F, Q3 2025
First Pacific Advisors · quarter ending 30 September 2025 · filed 13 November 2025 · SEC CIK 1377581
Common stock only: shares the fund reported owning at the quarter end, valued as filed. The filing also lists 1 put and call lines, reported at the value of the underlying shares; they are not ownership and are not in these totals.
Largest positions, Q3 2025
The 25 largest of 61 positions. Weights are against the whole filed book. Changes are in shares held, against the Q2 2025 filing.
| Company | Ticker | Value | % of book | vs Q2 2025 |
|---|---|---|---|---|
| ALPHABET INC | GOOGL | $588.87M | 8.1% | -2% shares |
| META PLATFORMS INC | META | $522.14M | 7.2% | -9% shares |
| ANALOG DEVICES INC | ADI | $490.20M | 6.8% | -4% shares |
| TE CONNECTIVITY PLC | $465.22M | 6.4% | -20% shares | |
| CITIGROUP INC | C | $383.58M | 5.3% | -28% shares |
| ALPHABET INC | GOOG | $361.34M | 5.0% | -6% shares |
| COMCAST CORP NEW | CMCSA | $353.12M | 4.9% | unchanged |
| AMAZON COM INC | AMZN | $315.39M | 4.4% | unchanged |
| INTERNATIONAL FLAVORS&FRAGRA | IFF | $301.78M | 4.2% | +19% shares |
| AON PLC | $233.36M | 3.2% | unchanged | |
| FERGUSON ENTERPRISES INC | FERG | $205.80M | 2.9% | -27% shares |
| CHARTER COMMUNICATIONS INC N | CHTR | $177.75M | 2.5% | +3% shares |
| BECTON DICKINSON & CO | BDX | $175.24M | 2.4% | new |
| NXP SEMICONDUCTORS N V | $174.23M | 2.4% | unchanged | |
| ICON PLC | $170.51M | 2.4% | unchanged | |
| JEFFERIES FINL GROUP INC | JEF | $168.80M | 2.3% | unchanged |
| FORTUNE BRANDS INNOVATIONS I | FBIN | $153.02M | 2.1% | +43% shares |
| VAIL RESORTS INC | MTN | $151.50M | 2.1% | unchanged |
| LPL FINL HLDGS INC | LPLA | $147.55M | 2.0% | unchanged |
| MARRIOTT INTL INC NEW | MAR | $117.40M | 1.6% | unchanged |
| KINDER MORGAN INC DEL | KMI | $113.33M | 1.6% | unchanged |
| CARMAX INC | KMX | $111.34M | 1.5% | +2% shares |
| BIO RAD LABS INC | BIO | $110.59M | 1.5% | unchanged |
| WELLS FARGO CO NEW | WFC | $108.27M | 1.5% | -37% shares |
| NOV INC | NOV | $105.30M | 1.5% | +13% shares |
What changed since Q2 2025
Against the Q2 2025 filing, First Pacific Advisors opened 2 new positions, added to 12, trimmed 18, left 29 unchanged and exited 4. Every position is compared, matched on its CUSIP; a change of 2% or less in shares counts as unchanged.
Other quarters
Source: SEC Form 13F-HR, accession 0001377581-25-000013, filed by First Pacific Advisors, LP. Values are as filed and cover US-listed positions only; a 13F does not show short positions or holdings outside the US. A 13F may be filed up to 45 days after the quarter ends, so the fund may have traded since. Educational information, not financial advice.