First Pacific Advisors portfolio
Concentrated managerInvestment firmPortfolio as of Jun 30, 2026 (Q2 2026) · filed with the SEC on Aug 14, 2026 · data updated on Nov 5, 2026 · Q2 2026 13F (filing) ↗ · all its 13F filings ↗
A 13F shows the portfolio at quarter-end and is filed up to 45 days later: these are not real-time positions and they may have changed.
First Pacific Advisors reported a $8.0 bn portfolio of 71 companies (72 positions, counting each share class separately) to the SEC as of the end of Q2 2026. Its largest positions are GOOGL, ADI, IFF. During the quarter it opened Danaher and Intuit and exited Dell Technologies and Kinder Morgan.
Sections with a free account
What changed this quarter
58 positions with a change (7 new, 17 added to, 16 trimmed, 18 sold). 11 are listed here: those of 0.5 points of the portfolio or more (up to 12).
- Arthur J. Gallagher+245%more sharesIncreased1.2% → 3.9%
- Danaher+1.4 ppof portfolioNew— → 1.4%
- Alphabet−16%fewer sharesReduced6.9% → 6.3%
- Intuit+1.1 ppof portfolioNew— → 1.1%
- SAP+1.1 ppof portfolioNew— → 1.1%
- Marriott International−92%fewer sharesReduced1.1% → 0.1%
- Icon−39%fewer sharesReduced1.6% → 1.3%
- Dell Technologies−0.8 ppof portfolioSold out0.9% → —
- GE Healthcare Technologies+0.7 ppof portfolioNew— → 0.7%
- Analog Devices−7.2%fewer sharesReduced7.8% → 8.0%
- Kinder Morgan−0.6 ppof portfolioSold out0.6% → —
The figure on the right: for positions added to or trimmed, the change in the number of shares (%); for new and sold ones, the points of the portfolio moved (pp). Below, the portfolio weight before → after. Traded weight: what it bought or sold, excluding price effects.
Top holdings
- AlphabetGOOGL · GOOG12.2%
- Analog DevicesADI8.0%
- International Flavors & FragrancesIFF5.4%
- CitigroupC5.3%
- Meta PlatformsMETA4.8%
- Amazon.comAMZN4.1%
- Becton, DickinsonBDX4.0%
- TE ConnectivityTEL3.9%
- Arthur J. GallagherAJG3.9%
- AonAON2.8%
- ComcastCMCSA2.7%
- Fortune Brands InnovationsFBIN2.6%
- NXP SemiconductorsNXPI2.4%
- Ferguson EnterprisesFERG2.3%
- Vail ResortsMTN2.2%
“Since”: first quarter of the current run, unbroken until today. In the details, prices are the quarter-end prices of the quarters in which it added shares, per the 13F. The manager may have bought at any price within each quarter; the SEC only publishes the value at quarter end.
Portfolio by sector
- ● Communication Services 22%
- ● Information Technology 17%
- ● Financials 17%
- ● Health Care 15%
- ● Consumer Discretionary 9%
- ● Industrials 8%
- ● Materials 8%
- ● Real Estate 2%
- ● Energy 2%
- ● Consumer Staples 1%
How its portfolio changed (8 quarters)
Q2 2026: 72
Q2 2026: 52%
Q2 2026: 8.0%
Traded turnover: the weight it bought plus the weight it sold in the quarter, divided by two, excluding price moves. The plain “turnover” in the header does include that effect. With a free account: the full history and sectors over time.
Declared options (1)
Besides stocks, First Pacific Advisors declared 1 put (they gain if the stock falls) with a notional of $4.8M. The 13F reports the value of the underlying shares, not the premium paid, so these figures look large and are not added to the portfolio. Nor does it say whether the option is bought or written, or its strike or expiry: it may be a hedge.
- PUTEchoStarECHO$4.8M
Stakes above 5% (13D/13G)
Companies where this filer reported holding 5% or more of the shares. It is the figure from its latest filing on each one; history since December 2024.
How we classify it
Investment firm, per its Form ADV of Jul 20, 2026 (high confidence).
The data, as reported: FIRST PACIFIC ADVISORS, LP (CRD 141823): Manages registered funds; 5.D assets by client type: registered funds 82%, pooled vehicles 15% (of $32.0 bn)
The type comes from a rule applied to that data. If it looks wrong, tell us.
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Same type of filer and a 13F portfolio value between a third and three times this one. It is not a comparison of what they hold.
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