First Pacific Advisors Updates Portfolio, Major Stock Moves

Portfolio Update: First Pacific Advisors has disclosed significant stock movement. The fund significantly reduced holdings in several major stocks, which could negatively impact their market performance.

Date: 09-02-2025

AI Rating: 4

Stock Moves Overview
First Pacific Advisors has recently filed a 13F disclosure indicating substantial adjustments to its portfolio. The report shows a notable decrease in shares across several companies, which may influence their stock prices negatively.

Major Reductions
The fund's largest decrease includes:

$WFC: Reduced by 1,502,827 shares (~$105,558,568), a decrease of ~29%.
$JEF: Decrease of 1,112,782 shares (~$87,242,109), a decrease of ~28%.
$AVGO: Decrease of 283,844 shares (~$65,806,393), a decrease of ~44%.
$NFLX: A significant reduction of 45,278 shares (~$40,357,187), a decrease of ~94%.
$HWM: Reduction of 290,200 shares (~$31,739,174), a decrease of ~28%.

Positive Addition
In contrast, there was an addition of 2,705,128 shares of $NOV (~$39,494,869). However, given the magnitude of the reductions listed, the sentiment around the report leans towards negative implications for the stocks affected.

Overall, the reductions may signal concerns about these companies' future performance or sectors, potentially leading to downward pressure on their stock prices. Investors often view significant selling actions by prominent funds as a signal of lack of confidence in the affected companies.

Stocks: WFC JEF AVGO NFLX HWM NOV