First Eagle Investment Management, LLC

CIK

1325447

Location

NEW YORK, NY

Portfolio Value

Mid $5,483,933,170

Diversification

Diversified

Filing Date

Global Rank

#130 / 8,586 ▲ 9

Top Industry

Gold 14.1%

3Y Alpha vs SPY

-2.4%

Period ended 3 months ago

Filed May 14, 2026 · 33d

25 quarters · since Mar 2020

Clone Performance

Jun 2023–Jun 2026 · vs SPY

Hypothetical growth of cloning every reported 13F position and rebalancing on each filing, indexed to the same start.

Cloned portfolio

+67.8%

SPY

+78.1%

Annualised alpha

-2.4%

Max drawdown

−13.0%

Estimate. 13F holdings are quarter-lagged and long-only, so the clone rebalances about 45 days after each period end — when the filing becomes public — and excludes options and short positions. Past performance does not predict future results.

Portfolio Concentration

406 positions · as of Mar 31, 2026 · Δ vs Dec 31, 2025

Top Position

3.3%

−0.6 pts

Top 5

15.9%

−1.3 pts

Top 10

28.0%

−3.2 pts

HHI

176

Diversified−20

Portfolio Trend

25 quarters · across all stocks

Sector Breakdown

As of Mar 31, 2026

Sector	% Portfolio	Value	Positions
Basic Materials	17.8%	$10,024,146,108	43
Healthcare	14.1%	$7,944,648,203	49
Technology	13.2%	$7,434,255,324	55
Energy	12.6%	$7,076,913,796	29
Consumer Defensive	9.8%	$5,483,933,170	25
Communication Services	9.2%	$5,167,663,632	14
Financial Services	8.9%	$4,992,353,715	38
Industrials	6.2%	$3,505,835,469	89
Real Estate	5.2%	$2,903,715,149	21
Unclassified	2.6%	$1,486,223,473	4
Consumer Cyclical	0.3%	$189,894,735	33
Utilities	0.0%	$24,903,497	6

Last Quarter's Activity

Export CSV

Mar 31, 2026 vs Dec 31, 2025

Added To

Positions the filer increased

25 positions

Ticker	Company	Δ Shares	Shares	Value
ABEV	Ambev S.A.	+10,926,573	346,984,557	$1,013,194,905
WY	Weyerhaeuser Co	+8,672,460	46,293,464	$1,130,949,324
MICC	Magnum Ice Cream Co N.V.	+6,396,289	22,709,344	$339,504,692
BXP	BXP, Inc.	+5,933,552	9,344,461	$484,977,525
WDAY	Workday, Inc.	+3,269,940	7,608,713	$988,523,992
FNF	Fidelity National Financial, Inc.	+2,777,585	8,880,108	$411,859,408
CRM	Salesforce, Inc.	+1,813,358	6,132,564	$1,144,765,721
DIS	Walt Disney Co	+1,810,692	5,254,083	$506,388,519
CMCSA	Comcast Corp	+1,608,692	37,780,637	$1,084,682,087
DEI	Douglas Emmett Inc	+1,400,929	13,958,053	$131,484,859
NE	Noble Corp plc	+1,366,021	13,561,846	$665,479,782
EXR	Extra Space Storage Inc.	+1,286,638	3,838,691	$503,367,550
OMC	Omnicom Group Inc.	+951,079	7,303,113	$549,997,439
DSX	Diana Shipping Inc.	+798,018	1,264,601	$3,161,502
QTRX	Quanterix Corp	+768,660	1,300,087	$4,576,306
MSFT	Microsoft Corp	+767,497	1,325,098	$490,511,525
MRVI	Maravai Lifesciences Holdings, Inc.	+725,000	2,524,336	$7,143,870
HLN	Haleon plc	+697,060	4,032,643	$40,366,755
SLB	Slb Limited/Nv	+657,709	28,376,167	$1,458,251,221
CHTR	Charter Communications, Inc. /Mo/	+610,653	3,580,160	$772,884,940
ITUB	Itau Unibanco Holding S.A.	+518,329	3,312,310	$27,757,157
XRAY	DENTSPLY SIRONA Inc.	+487,378	15,127,933	$175,484,022
IFF	International Flavors & Fragrances Inc	+483,002	9,314,670	$675,779,308
SONO	Sonos Inc	+462,598	709,004	$9,500,653
LYG	Lloyds Banking Group plc	+433,052	7,404,153	$37,242,888
No positions match the current search.

Trimmed

Positions the filer reduced

25 positions

Ticker	Company	Δ Shares	Shares	Value
B	Barrick Mining Corp	−11,543,428	20,571,232	$839,100,552
IMO	Imperial Oil Ltd	−4,632,700	13,972,305	$1,827,856,939
CHRW	C. H. Robinson Worldwide, Inc.	−3,344,033	5,729,983	$951,578,275
NTR	Nutrien Ltd.	−3,318,416	9,988,867	$753,759,903
KGC	Kinross Gold Corp	−2,087,862	7,140,993	$217,943,106
TSM	Taiwan Semiconductor Manufacturing Co Ltd	−2,036,189	3,902,137	$1,318,727,198
ADI	Analog Devices Inc	−2,025,781	48	$15,270
NEM	NEWMONT Corp /DE/	−1,695,590	12,022,368	$1,301,421,335
TALK	Talkspace, Inc.	−1,540,246	665,884	$3,445,949
XOM	Exxon Mobil Corp	−1,516,212	6,237,614	$1,058,273,591
ROST	Ross Stores, Inc.	−1,448,358	16,209	$3,511,354
WPM	Wheaton Precious Metals Corp.	−1,233,597	14,156,511	$1,854,644,506
NOV	NOV Inc.	−1,189,515	36,408,359	$684,841,232
XRX	Xerox Holdings Corp	−1,082,865	1,099,635	$1,418,529
PAAS	Pan American Silver Corp	−1,071,570	2,417,389	$132,061,961
NCMI	National CineMedia, Inc.	−819,704	435,618	$1,328,634
HL	Hecla Mining Co/De/	−759,213	487,500	$9,082,125
CDE	Coeur Mining, Inc.	−695,676	535,930	$10,059,406
OIS	Oil States International, Inc	−537,965	2,043,709	$23,788,772
GOOGL	Alphabet Inc.	−529,728	1,198,237	$344,565,031
HCA	HCA Healthcare, Inc.	−391,582	3,254,570	$1,540,192,705
EXPD	Expeditors International Of Washington Inc	−367,120	5,945,185	$851,528,847
CRNT	Ceragon Networks Ltd	−335,703	256,987	$555,091
CLAR	Clarus Corp	−334,975	508,500	$1,383,120
KODK	Eastman Kodak Co	−283,238	292,500	$2,647,125
No positions match the current search.

New Positions

Positions the filer opened this quarter

25 positions

Ticker	Company	Shares	Value
ADP	Automatic Data Processing Inc	2,849,784	$579,019,112
BRO	Brown & Brown, Inc.	8,823,162	$575,358,393
WAT	Waters Corp /De/	1,575,187	$469,090,687
FISV	Fiserv Inc	7,495,234	$418,234,057
CFR	Cullen/Frost Bankers, Inc.	2,265,874	$310,606,007
VSNT	Versant Media Group, Inc.	1,597,299	$59,132,008
RELX	Relx PLC	802,136	$26,590,807
FUL	Fuller H B Co	228,587	$14,099,246
PLXS	Plexus Corp	67,541	$13,679,754
KWR	Quaker Chemical Corp	94,538	$11,744,455
SPY	Spdr S&P 500 ETF Trust	17,000	$11,055,780
LAD	Lithia Motors Inc	43,700	$10,912,764
CBT	Cabot Corp	136,650	$10,291,111
HUN	Huntsman CORP	770,135	$10,250,496
HRI	Herc Holdings Inc	99,033	$9,858,735
IIIV	i3 Verticals, Inc.	382,137	$8,544,583
TALO	Talos Energy Inc.	503,900	$7,941,464
CVLG	Covenant Logistics Group, Inc.	248,154	$6,737,381
OLN	OLIN Corp	213,752	$6,354,846
CCRN	Cross Country Healthcare Inc	589,713	$5,543,302
EXTR	Extreme Networks Inc	349,540	$5,271,062
BRZE	Braze, Inc.	158,500	$3,742,185
STVN	Stevanato Group S.p.A.	157,500	$2,165,625
TNC	Tennant Co	32,056	$2,128,518
ESI	Element Solutions Inc	56,500	$1,928,910
No positions match the current search.

Sold Out

Positions the filer fully exited

25 positions

Ticker	Company	Shares	Value
FUBO	FuboTV Inc.	803,533	$24,298,837
WBS	Webster Financial Corp	227,302	$14,306,387
MTG	Mgic Investment Corp	412,253	$12,046,032
FG	F&G Annuities & Life, Inc.	366,671	$11,311,800
TFX	Teleflex Inc	84,300	$10,287,972
CUBI	Customers Bancorp, Inc.	139,293	$10,185,104
KTOS	Kratos Defense & Security Solutions, Inc.	133,063	$10,100,812
MHO	M/I Homes, Inc.	60,100	$7,689,795
FIVN	Five9, Inc.	363,000	$7,278,150
YETI	YETI Holdings, Inc.	134,500	$5,940,865
THRY	Thryv Holdings, Inc.	842,943	$5,099,805
SMWB	Similarweb Ltd.	645,647	$4,835,896
EMBC	Embecta Corp.	391,594	$4,652,136
TMCI	Treace Medical Concepts, Inc.	1,462,983	$3,584,308
MAC	Macerich Co	170,610	$3,149,460
AL	SUMISHO AIR LEASE CORP	43,522	$2,795,418
LAW	CS Disco, Inc.	328,719	$2,550,859
SVCO	Silvaco Group, Inc.	627,211	$2,540,204
RBBN	Ribbon Communications Inc.	862,528	$2,484,080
SANM	Sanmina Corp	15,377	$2,307,626
ASPN	Aspen Aerogels Inc	622,487	$1,761,637
CLW	Clearwater Paper Corp	82,609	$1,437,396
THC	Tenet Healthcare Corp	6,433	$1,278,365
TIC	TIC Solutions, Inc.	90,000	$909,900
SND	Smart Sand, Inc.	225,476	$901,904
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

25 positions · $5,483,933,170 total · Consumer Defensive only · as of Mar 31, 2026

All sectors Basic Materials Communication Services Consumer Cyclical Consumer Defensive Energy Financial Services Healthcare Industrials Real Estate Technology Utilities

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
FMX	Mexican Economic Development Inc Consumer Defensive	Added	12,902,253	+395,038	$1,432,924,217	+13.4%	26.13%
ABEV	Ambev S.A. Consumer Defensive	Added	346,984,557	+10,926,573	$1,013,194,905	+22.1%	18.48%
PM	Philip Morris International Inc. Consumer Defensive	Added	5,892,458	+84,338	$974,259,005	+4.6%	17.77%
CL	Colgate Palmolive Co Consumer Defensive	Added	8,116,782	+197,803	$691,793,329	+10.6%	12.61%
DG	Dollar General Corp Consumer Defensive	Added	4,455,622	+37,651	$529,015,999	−9.8%	9.65%
MICC	Magnum Ice Cream Co N.V. Consumer Defensive	Added	22,709,344	+6,396,289	$339,504,692	+31.3%	6.19%
CCU	United Breweries Co Inc Consumer Defensive	Added	16,120,458	+204,548	$182,967,197	−9.9%	3.34%
BTI	British American Tobacco p.l.c. Consumer Defensive	Added	1,668,522	+260,542	$97,558,480	+22.4%	1.78%
UL	Unilever PLC Consumer Defensive	Added	805,940	+128,556	$45,914,401	+3.6%	0.84%
KOF	Coca Cola Femsa Sab De CV Consumer Defensive	Added	392,739	+21,143	$38,311,689	+8.9%	0.70%
LINC	Lincoln Educational Services Corp Consumer Defensive	Reduced	685,230	-93,400	$27,875,156	+48.2%	0.51%
MAMA	Mama's Creations, Inc. Consumer Defensive	Reduced	1,223,470	-54,000	$18,768,029	+8.9%	0.34%
SPB	Spectrum Brands Holdings, Inc. Consumer Defensive	Added	232,272	+25,500	$17,118,446	+40.1%	0.31%
UTI	Universal Technical Institute Inc Consumer Defensive	Added	472,135	+24,904	$17,044,072	+45.8%	0.31%
DEO	Diageo PLC Consumer Defensive	Added	159,194	+34,822	$11,851,993	+10.5%	0.22%
CHEF	Chefs' Warehouse, Inc. Consumer Defensive	Added	167,472	+4,599	$9,956,209	−1.9%	0.18%
UTZ	Utz Brands, Inc. Consumer Defensive	Added	1,129,750	+243,500	$8,947,620	−2.7%	0.16%
PXED	Phoenix Education Partners, Inc. Consumer Defensive	Added	275,810	+95,661	$8,676,982	+59.0%	0.16%
VITL	Vital Farms, Inc. Consumer Defensive	Added	531,960	+201,781	$7,511,274	−28.8%	0.14%
PEP	Pepsico Inc Consumer Defensive	Added	46,457	+1,977	$7,214,307	+13.0%	0.13%
NATR	Natures Sunshine Products Inc Consumer Defensive	Held	98,800	0	$2,370,212	+11.2%	0.04%
PFGC	Performance Food Group Co Consumer Defensive	Added	9,000	+600	$770,940	+2.1%	0.01%
LRN	Stride, Inc. Consumer Defensive	NEW	4,268	NEW	$376,309	NEW	0.01%
LOPE	Grand Canyon Education, Inc. Consumer Defensive	Held	24	0	$4,080	+2.2%	0.00%
CLX	Clorox Co /De/ Consumer Defensive	NEW	35	NEW	$3,627	NEW	0.00%