First Pacific Advisors

First Pacific Advisors

Last Update: 11-16-2015
Related: Steven Romick
Robert Rodriguez

Number of Stocks: 137
Number of New Stocks: 27

Total Value: $11,554 Mil
Q/Q Turnover: 19%

Countries: USA
Details: Top Buys | Top Sales | Top Holdings  Embed:

First Pacific Advisors Watch

  • First Pacific Advisors Buys Alcoa, Bank of America

    Robert L. Rodriguez is the CEO of First Pacific Advisors, a Los Angeles-based money management firm practicing a disciplined approach to value investing, prudently seeking superior long-term returns, while maintaining a focus on capital preservation.

    The firm manages a portfolio composed of 121 stocks with a total value of $12,249 million. The following are the largest trades during the second quarter.


  • First Pacific Invests in Esterline Technologies

    Los Angeles-based investment management firm First Pacific Advisors (Trades, Portfolio) invested in a stake in Esterline Technologies (NYSE:ESL) as the month of September drew to a close.

    On Sept. 30, First Pacific acquired 3,168,360 shares of the Bellevue, Wash.-based maker of products mostly for aerospace and defense customers, notably Boeing (NYSE:BA) and Airbus (EADSY), for an average price of $71.89 per share. The deal had a 1.83% impact on First Pacific’s portfolio.


  • Anheuser-Busch InBev and SABMiller PLC to Potentially Merge

    In a potential deal that would bring together the world’s two largest beer makers Anheuser-Busch InBev (NYSE:BUD) has approached the board of directors of SABMiller PLC (SBMRY) to discuss a merger of the two companies. It is unclear as to when discussions first began; however, on Sept. 16, both companies publicly acknowledged the possible deal through website and media announcements.

    On Sept.16 SABMiller reported in a release that it has been approached by Anheuser-Busch InBev about an acquisition deal and noted that the firm would be submitting a proposal to the board that would include more details, specifically the terms and valuation of the deal. In a response release from Anheuser-Busch InBev also on Sept. 16, the company acknowledged its intention to propose an offer of acquisition.


  • Harvest Capital Strategies Buys Ambarella

    At the end of the second quarter of 2015, hedge fund Harvest Capital Strategies LLC reported a total value of its portfolio of $775 million, with a decrease of 31.84% since the previous quarter. During the quarter, it bought 44 new stocks and increased 42 of its stakes. The following are the most heavily weighted buys during the quarter.


  • Steven Romick's Undervalued Stocks Trading With Low P/E Ratio

    Steven Romick (Trades, Portfolio) is the portfolio manager of FPA Crescent Fund. As of Jan. 31, the fund has delivered more than 11% a year in average over the past 10 years. His fund has about $10 billion under management and the following are the stocks he owns that are trading with a very low P/E ratio and that are undervalued according to the DCF calculator.


  • GE, Union Pacific Among Most Widely Bought Industrial Stocks

    The industrial sector has been up 10.83% since the beginning of the year, according to Morningstar’s sector returns. And as the economy picks up momentum, the performance of stocks related to homebuilding, construction, and manufacturing have the potential to improve.

    The All-In-One-Screener can be used to find which industrial stocks the gurus are betting on in this sector. In the Fundamentals tab, select all industrial related stocks in the industry selection menu. Then, in the Gurus tab, click the checkbox for “Involved in Buy/Sell Activities” and select “5+ gurus” in the Recent Guru Buying/Adding field. For the time frame, select “Over the past 6 months”.


  • Five Stocks With Low P/E Gurus Are Buying (Part I)

    With these articles, thanks to the All-In-One screener of GuruFocus I give a selection of stocks that are trading with a very low P/E(ttm) ratio and that are catching the attention of multiple Gurus.

    Twenty-First Century Fox Inc (FOX)


  • Arnold Van Den Berg's Undervalued Stocks Trading At Low P/E

    Arnold Van Den Berg (Trades, Portfolio) is a value investor with 43 years of industry experience and founder of $2 billion firm Century Management. The company closely align their interests with those of their clients.

    His portfolio is composed of 61 stocks, and five have been bought during the last quarter. Total value of the portfolio is $710 million with 15% Q/Q Turnover.


  • Arnold Schneider's Undervalued stocks trading with low P/E

    Arnie Schneider is president, chief investment officer and principal of Schneider Capital Management which is an employee-owned institutional investment manager located in Wayne, Pennsylvania. The company helps clients produce superior results over time through a disciplined, value-style investment approach and professional service. He manges a portfolio composed of 97 stocks and seven of them were bought during the first quarter of the year. Total value of the portfolio is $790Mil with 17% Q/Q Turnover.

    The following are stocks that look undervalued according to the Discounted Cash Flow model and that are trading with very low P/E so they are even trading at very cheap price.


  • First Pacific Advisors Purchase New Positions During 1QFY15

    First Pacific Advisors (Trades, Portfolio) added eight new positions to its portfolio during 1QFY15, according to GuruFocus Real Time Picks. The firm now owns stocks that have a total value of $12.02 billion and an 8% quarter over quarter turnover rate.

    33% of the firm's portfolio consist of stocks in the technology sector. The second largest sector is financial services, which makes up 18% of its portfolio and the third is healthcare, which is 13.2%.


  • RS Investment Management's Growing Stocks trading at low P/E

    RS Investment Management (Trades, Portfolio) invests in public equity and fixed income markets across the world, as well as both growth and value stocks. In March, the firm launched an emerging markets small-cap fund for both retail and institutional share classes.

    The privately held San Francisco-based investment firm provides services for pension and profit-sharing plans, pooled investment vehicles, corporations, and banks. Matthew H. Scanlon, a graduate of Northwestern’s Kellog School of Management, is the firm’s CEO. RS Investment’s total assets are almost $27 billion.


  • First Pacific Advisors' Third-Quarter Investment in Yahoo! Increases in Value by 35%

    First Pacific Advisors (Trades, Portfolio) wasn’t as busy in the third quarter as it has been in recent quarters. The Los Angeles-based money management firm typically invests in more companies – and sells its holdings in more companies – than it did in the third quarter of 2014.

    Founded in 1954 as Shareholders Management Company, the company changed its name to First Pacific Advisors (Trades, Portfolio) in 1976. Two years later, Director/President George Michaelis established the firm’s emphasis on value investing.


  • Toro: A Quality Company with Strong Prospects

    We might call The Toro Company (NYSE:TTC) the very model of a Buffett Munger company, with its ability to consistently grow its bottom line and a valuation of less than 1, indicating it is currently undervalued. Although it appears the two gurus don’t own any Toro stock at the moment, the company should get the attention of investors who follow the legends at Berkshire Hathaway (BRK.A) (NYSE:BRK.B).

    Toro is the company that makes those ubiquitous mowers, snowblowers, and more. Its products are a staple on thousands of golf courses, landscaping projects, and even residential lawns. While America is its home turf, so to speak, it’s increasingly appearing on golf and landscape projects internationally.


  • Veeco's Long-Term Growth Prospects

    In this article, let's take a look at Veeco Instruments Inc (NASDAQ:VECO), a $1.47 billion market cap company that designs, manufactures and markets equipment to make light emitting diodes (LEDs), solar panels, hard-disk drives and other devices.

    Upcoming future


  • Tractor Supply Company: Buy on Pullbacks

    Despite the relentless trend toward urbanization across America, some Americans remain resolutely rural.

    And, despite the trend away from brick-and-mortar retail across America, at least one company is bucking the trend and plans to increase its store count by at least 50% in less than a decade.


  • Is It Time to Buy a Downgraded Stock?

    In this article, let's take a look at Occidental Petroleum Corporation (NYSE:OXY), a $66.61 billion market cap company, which is an integrated oil and gas company, with significant exploration and production exposure.



  • Is Occidental's Spinoff Hurting the Company?

    In this article, let's take a look at Occidental Petroleum Corporation (NYSE:OXY), a $66.61 billion market cap company, which is an integrated oil and gas company with significant exploration and production exposure.

    Price down


  • Alcoa Reported Significant EPS Improvement

    Alcoa Inc. (NYSE:AA), a $19.24 billion market cap company, is one of the world's largest producers of aluminum.

    Aerospace and Auto Industry


  • Bob Rodriguez: Another Great Recession Is Coming In Three Years

    Legendary fund manager Robert Rodriguez, who forecasted the global financial crisis, sees money managers and advisors in peril. They will be victims of their own heedlessness, he says.

    The day of reckoning will come within three years in a financial crisis at least as big and pernicious as the Great Recession, he told ThinkAdvisor in a recent interview. The country is treading a tenuous path toward another disaster of massive proportions, according to Rodriguez.


  • Westinghouse Air Brake: The Power of Predictability

    In a high tech age, an age that now depends on dashboard GPS and waits for the driverless car, it’s easy to take railroads for granted. And perhaps even easier to not see the gritty components that keep the steel wheels moving.

    Westinghouse Air Brake Technologies (NYSE:WAB), which dates its origins back almost a century and a half, makes many of the components you see (or don’t see) inside the wheels of millions of train cars and locomotives. And, in some cases, it makes the locomotives, too. It may also have made many parts of the transit trains that we wait for impatiently.


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