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Compounder

Steven Romick

Net buying

First Pacific Advisors, LP — managed by Steven Romick; US equity positions disclosed quarterly via SEC 13F

Data as of 2026-03-31 (filed 2026-05-14) · Source: SEC EDGAR

Portfolio value$7.14B6%)
Holdings86+22
Reporting quarterQ1 2026
Top holdingAnalog Devices Inc
Portfolio overview

First Pacific Advisors, LP's most recent 13F filing, for the quarter ended 2026-03-31, reports 86 positions worth $7.14B. The top 5 holdings represent 31% of that value, a broadly diversified portfolio.

The single largest position is Analog Devices Inc at 7.7% of the portfolio, followed by Alphabet Inc at 6.8% and International Flavors&Fragra at 5.5%.

Against the prior quarter, Steven Romick opened 27 new positions, exited 5, added to 22, and trimmed 24. The largest new buy was Baxter Intl Inc. The most notable sale was the full exit from Charter Communications Inc N.

Across all 8 quarters on file, Analog Devices Inc has appeared in every filing, as has Alphabet Inc. Analog Devices Inc currently ranks first by value.

A 13F is filed roughly 45 days after quarter-end and covers only long positions in US-listed equities, so it is a lagging and partial view of the portfolio. Source: SEC EDGAR.

High-conviction
Strike-zone picks

As of 2026-07-02, 2 of Steven Romick's tracked holdings trade below our conservative value band (strike zone).

Open any to see the stock's valuation →

Valuation as of 2026-07-02; method: conservative Greenwald value band + Owner-Earnings DCF. Position observation, not advice.

Next · is it cheap

Steven Romick holds 2 positions now in the strike zone.

See the full strike-zone list
Holdings

Showing top 25 of 86 positions

Sources· SEC EDGAR 13F as of 2026-03-31 · filed 2026-05-14

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