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Steven Romick’s cannibal stocks

First Pacific Advisors · 13F for Q2 2026

20cannibals held
$3.2Bin these positions
Q2 2026latest 13F filing

Citigroup

CReduced
$422.2M3,016,828 shares

Citigroup retired 6.3% of its shares in twelve months, so this stake grew 6.7% without buying a share.

Shares held, 8 quarters
Q3 2024Q2 2026

Meta Platforms

METAReduced
$383.0M679,884 shares

Meta Platforms has retired 12.2% of its shares since its peak.

Shares held, 8 quarters
Q3 2024Q2 2026

TE Connectivity

TELReduced
$312.7M1,551,105 shares

TE Connectivity retired 1.6% of its shares in twelve months, so this stake grew 1.6% without buying a share.

Shares held, 8 quarters
Q3 2024Q2 2026

Aon

AONReduced
$226.0M681,367 shares

Aon retired 1.3% of its shares in twelve months, so this stake grew 1.3% without buying a share.

Shares held, 8 quarters
Q3 2024Q2 2026

Comcast

CMCSAAdded
$213.0M8,676,664 shares

Comcast retired 4.3% of its shares in twelve months, so this stake grew 4.5% without buying a share.

Shares held, 8 quarters
Q3 2024Q2 2026
$210.0M3,825,269 shares

Fortune Brands Innovations retired 0.6% of its shares in twelve months, so this stake grew 0.6% without buying a share.

Shares held, 8 quarters
Q3 2024Q2 2026

Nxp Semiconductors Nv

NXPIReduced
$193.4M688,107 shares

Tracked by the Radar, not on the leaderboard yet.

Shares held, 8 quarters
Q3 2024Q2 2026

Vail Resorts

MTNAdded
$177.7M1,304,959 shares

Vail Resorts retired 0.7% of its shares in twelve months, so this stake grew 0.7% without buying a share.

Shares held, 8 quarters
Q3 2024Q2 2026
$162.4M7,618,145 shares

Baxter International has retired 20.4% of its shares since its peak.

Shares held, 8 quarters
Q3 2024Q2 2026

CarMax

KMXAdded
$159.1M3,008,564 shares

CarMax retired 3.3% of its shares in twelve months, so this stake grew 3.5% without buying a share.

Shares held, 8 quarters
Q3 2024Q2 2026

Jefferies

JEFAdded
$135.2M2,704,265 shares

Jefferies retired 1.8% of its shares in twelve months, so this stake grew 1.8% without buying a share.

Shares held, 8 quarters
Q3 2024Q2 2026
$124.5M248,244 shares

Thermo Fisher retired 1.6% of its shares in twelve months, so this stake grew 1.6% without buying a share.

Shares held, 8 quarters
Q3 2024Q2 2026

NOV

NOVAdded
$118.6M6,392,388 shares

NOV retired 2.3% of its shares in twelve months, so this stake grew 2.3% without buying a share.

Shares held, 8 quarters
Q3 2024Q2 2026

PayPal

PYPLAdded
$92.3M2,137,851 shares

PayPal retired 8.6% of its shares in twelve months, so this stake grew 9.4% without buying a share.

Shares held, 8 quarters
Q3 2024Q2 2026

LPL Financial

LPLAAdded
$90.5M321,244 shares

LPL Financial retired 1.6% of its shares in twelve months, so this stake grew 1.6% without buying a share.

Shares held, 8 quarters
Q3 2024Q2 2026

Wells Fargo

WFCReduced
$64.9M784,923 shares

Wells Fargo retired 3.7% of its shares in twelve months, so this stake grew 3.8% without buying a share.

Shares held, 8 quarters
Q3 2024Q2 2026

NCR Voyix

VYXAdded
$44.2M5,413,012 shares

NCR Voyix retired 0.3% of its shares in twelve months, so this stake grew 0.3% without buying a share.

Shares held, 8 quarters
Q3 2024Q2 2026
$20.2M121,213 shares

Marsh & Mclennan Companies retired 2.9% of its shares in twelve months, so this stake grew 3.0% without buying a share.

Shares held, 8 quarters
Q3 2024Q2 2026
$6.8M18,445 shares

Marriott International retired 2.8% of its shares in twelve months, so this stake grew 2.9% without buying a share.

Shares held, 8 quarters
Q3 2024Q2 2026

Carlisle Companies

CSLUnchanged
$955K2,632 shares

Carlisle Companies retired 5.0% of its shares in twelve months, so this stake grew 5.2% without buying a share.

Shares held, 8 quarters
Q3 2024Q2 2026

Values as reported in the 13F at quarter end. See the Q2 2026 filing on EDGAR.

Questions

Which cannibal stocks does Steven Romick own?

In the Q2 2026 13F, First Pacific Advisors held C, META, TEL, AON, CMCSA, FBIN, NXPI, MTN, BAX, KMX, JEF, TMO, NOV, PYPL, LPLA, WFC, VYX, MRSH, MAR, CSL. 19 of them are on the Buyback Radar leaderboard.

Where does this data come from?

From First Pacific Advisors's 13F filings with the SEC, the last eight quarters, amendments applied, options excluded. A 13F shows US-listed stock positions at quarter end and is filed up to 45 days later, so it is a record, not a live portfolio.

How do buybacks help Steven Romick?

PayPal retired 8.6% of its shares in the last twelve months. That alone made every remaining share, including Steven Romick's 2,137,851, 9.4% bigger as a slice of the company, without buying anything.

Steven Romick’s moves in companies like these are covered on Cannibal Stocks.

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