LETTERS

FPA Crescent Fund 2025 Q2 Letter

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Fund:

FPA Crescent Fund

Key Person: Mark Landecker, Steven Romick

Tickers in this letter

7974.T, ADI, AMRZ, AMZN, C, CMCSA, GLEN.L, GOOGL, HEIO.AS, HOLN.SW, ICLR, IFF, META, NXPI, SAF.PA, TEL

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