Published on 7 Oct 2024 on GuruFocus.com · via Yahoo Finance
Steven Romick's Strategic Exits and Acquisitions Highlighted by FirstEnergy...
Insight into FPA Crescent Fund's Q3 2024 Moves
Steven Romick (Trades, Portfolio), a seasoned portfolio manager at FPA since 1996, recently disclosed his investment activities for the third quarter of 2024 through the latest N-PORT filing. Romick, who began his career at Crescent Management and served as a consulting security analyst at Kaplan, Nathan & Co., applies a distinctive investment philosophy at the FPA Crescent Fund. The fund, known for its contrarian approach, seeks undervalued assets across a broad spectrum of securities, including equities and bonds, focusing on long-term capital appreciation while aligning closely with client interests.