FPA Crescent Fund’s Q3 2024 Investor Letter

Investment management company First Pacific Advisors recently released its “The FPA Crescent Fund” third quarter 2024 investor letter. In the third quarter, the fund gained 3.70% and 21.27% in the trailing twelve months. Crescent’s net risk exposure stands at 68.5% at the end of the quarter, reflecting a decrease of about four percentage points compared to the same time last year. In addition, you can check the top 5 holdings of the fund to know its best picks in 2024.

A copy of FPA Crescent Fund’s Q3 2024 investor letter can be downloaded here.