In fifth is Thermo Fisher Scientific Inc. (NYSE:TMO), represented in the equity portfolio of First Pacific Advisors by a $295.7 million stake, which contains 3.9 million shares, up by 145,200 shares since the end of 2012.
To sum up, First Pacific Advisors has a large and valuable equity portfolio, which contains 124 positions, including options, and is worth $9.2 billion. According to the fund itself, “FPA focuses on five investment strategies: absolute fixed income, contrarian value, international value, small/mid-cap quality, and small/mid-cap absolute value. Under each of these strategies are mutual funds and separately managed accounts. Contrarian Value strategy also has private funds which are available to accredited investors and qualified purchasers.”
Aside from First Pacific, check out Philippe Laffont’s Coatue Management, Jeffrey Altman’s Owl Creek Asset Management, and Philippe Jabre’s Jabre Capital Partners for more coverage of hedgies’ top picks.
Disclosure: none