Sunriver Management LLC: FIRST ADVANTAGE CORP NEW (FA): Quarterly 13F Position History
As of Q1 2026, Sunriver Management LLC reported 3,032,711 shares of FIRST ADVANTAGE CORP NEW (FA), worth $35.7M and representing 6.0% of its 13F equity book. Quarter-over-quarter share count change: + 371,425 (+14.0%) . The position first appeared in Q3 2023 and has been disclosed across 11 13F-HR filings in Pactolio's tracked window.
- 3,032,711Shares Held (Latest Filing)
- $35.7MReported Market Value (Latest Filing)
- 6.0%Portfolio Weight (% of 13F Equity Book)
- +371,425Quarter-over-Quarter Share Change
- -$3.0MQuarter-over-Quarter Value Change
- 3,420,507Peak Reported Shares (Historical)
Quarterly 13F-HR Disclosure History Source: SEC 13F-HR filings, 11 quarter s
| Quarter | Shares | QoQ Share Change | Share Change (%) | Market Value | Weight | Implied Price |
|---|---|---|---|---|---|---|
| Q1 2026 | 3,032,711 | +371,425 | +14.0% | $35.7M | 6.0% | $11.8 |
| Q4 2025 | 2,661,286 | +310,672 | +13.2% | $38.7M | 4.1% | $14.5 |
| Q3 2025 | 2,350,614 | +741,913 | +46.1% | $36.2M | 3.9% | $15.4 |
| Q2 2025 | 1,608,701 | 1,811,806 | -53.0% | $26.7M | 2.9% | $16.6 |
| Q1 2025 | 3,420,507 | +1,128,272 | +49.2% | $48.2M | 5.9% | $14.1 |
| Q4 2024 | 2,292,235 | +315,598 | +16.0% | $42.9M | 5.1% | $18.7 |
| Q3 2024 | 1,976,637 | 197,190 | -9.1% | $39.2M | 4.8% | $19.9 |
| Q2 2024 | 2,173,827 | 92,563 | -4.1% | $34.9M | 4.4% | $16.1 |
| Q1 2024 | 2,266,390 | +1,114,725 | +96.8% | $36.8M | 4.8% | $16.2 |
| Q4 2023 | 1,151,665 | +240,464 | +26.4% | $19.1M | 3.0% | $16.6 |
| Q3 2023 | 911,201 | — | — | $12.6M | 2.4% | $13.8 |
Methodology & FAQ
How This Position History Is Sourced
Each row is one SEC Form 13F-HR filing disclosing this position. Share count, market value, and reported quarter are taken verbatim from the filing; portfolio weight is recomputed against the same filing's total reported equity book. Implied price-per-share is market value divided by shares — a quarter-end mark, not the manager's cost basis. See the full methodology document for the normalization rules.
When did Sunriver Management LLC first disclose a FA position in 13F-HR filings?
Sunriver Management LLC first reported FIRST ADVANTAGE CORP NEW (FA) on its 13F-HR filing for the period ending 2023-09-30 (Q3 2023). The position has appeared on 11 reported quarters within Pactolio's tracked window.
What was Sunriver Management LLC's most recent quarter-over-quarter share-count change in FA?
Between Q4 2025 and Q1 2026, Sunriver Management LLC added 371,425 shares of FA (+14.0%), bringing the total reported position to 3,032,711 shares at a market value of $35.7M.
Does the implied price-per-share represent Sunriver Management LLC's cost basis in FA?
No. The implied price-per-share column is the 13F-HR reported market value divided by reported share count on the filing date (end of quarter). It is a quarter-end mark, not a cost basis or transaction price. Use it as a sanity check on the value column, not as an indicator of the manager's entry or exit price.