First Pacific Advisors Portfolio holdings

First Pacific Advisors's Q3 2021 Portfolio in Review

As of Q3 2021, First Pacific Advisors held 224 positions worth $7.71B, down 3.3% from $7.97B the previous quarter. Its ten largest holdings account for 56% of the portfolio.

First Pacific Advisors withdrew a net $432M in Q3 2021, closing 13 positions and reducing 36 holdings. Its most notable exit was Alibaba, an estimated $217M position sold in full.

By sector, the portfolio is most concentrated in Communication Services at 30% of assets, down from 31% a quarter earlier, followed by Financials and Technology.

Against the trend, First Pacific Advisors opened a new position in Macondray Capital Acquisition Corp. I Unit worth $12.4M.

• First Pacific Advisors's largest Q3 2021 buy was Macondray Capital Acquisition Corp. I Unit: 1,247,500 shares worth $12.4M.
• First Pacific Advisors added most to Activision Blizzard in Q3 2021, an estimated $185M increase.
• First Pacific Advisors's biggest Q3 2021 reduction was Booking.com, cutting an estimated $76.6M.
• First Pacific Advisors fully exited Alibaba in Q3 2021, selling an estimated $217M.
• First Pacific Advisors's ten largest holdings make up 56% of its $7.71B portfolio in Q3 2021.
• First Pacific Advisors opened 35 new positions and closed 13 in Q3 2021.
• First Pacific Advisors's portfolio value fell 3.3% quarter-over-quarter to $7.71B.

Based on First Pacific Advisors's 13F filing for Q3 2021, filed 3 Nov 2021.