FPR Partners is a hedge fund manager based in California, specializing in discretionary investment advisory services for private investment funds. FPR's investment strategy centers on identifying undervalued public companies, guided by the belief that these assets are priced below their intrinsic value. Established in 2003, FPR was founded by managing directors Rob Peck and Andrew Raab.
Bob Peck serves as a Managing Director at FPR Partners, a private investment partnership specializing in public equities. Before co-founding the firm in 2003, Bob managed capital for the Perot and Murchison families in Dallas, Texas. He currently serves on the board of the Fremont Group. Bob's academic background includes earning an M.A. in Philosophy, Politics, and Economics as a Rhodes Scholar at Oxford University. He graduated summa cum laude from Princeton University with an A.B. in History.
FPR Partners operates as a hedge fund serving 4 clients with discretionary assets under management totaling $2,034,327,976 as reported in their Form ADV filed on March 2024. Their Q1 2024 13F filing disclosed management of $1,258,920,173 in 13F securities, reflecting a significant concentration of 85.74% in their top 10 holdings. Notably, FPR Partners' largest position is in Alight Inc., where they hold 22,156,184 shares.