First Eagle Investment Management, LLC
SEC Form 13F institutional filer · CIK 0001325447
13F-HR · 91 reported holdings · 2026-03-31
Asset management firm.
Reported long-US-equity value
$37.83B
Top-10 concentration
39.7%
First Eagle Investment Management, LLC — $37.8B AUM allocation strategy
First Eagle Investment Management, LLC files SEC Form 13F and reports $37.8B of long US equity value across 91 reported holdings for 2026-03-31.
Its largest sector bet is Health Care 14.5%, followed by Communication Services 13.3% and Energy 9.4%.
The top 10 holdings account for 40% of reported value — a broadly spread portfolio. The sector and industry splits below are of the same reported value. Track quarter-over-quarter adds, trims, new positions and exits below — sourced from SEC 13F filings, public domain.
First Eagle Investment Management, LLC — latest SEC 13F insights
Reported long-US-equity value (13F AUM)
$37.8B
total across 91 reported holdings · 2026-03-31 · excludes shorts, cash, non-US
Top-10 concentration
40% of value
higher = narrower conviction; lower = spread / hedging
Biggest adds (shares)
+$WY +8.67M sh · +$240M+$BXP +5.93M sh · +$255M+$WDAY +3.27M sh · +$56.6M
Biggest trims (shares)
−$CHRW −3.34M sh · −$507M−$ADI −2.03M sh · −$549M−$NEM −1.7M sh · −$68.3M
Exited to nil (held last quarter, gone now)
$LII ($474K last qtr)$TRMB ($353K last qtr)$D ($271K last qtr)$CFG ($3.91K last qtr)$GPC ($3.69K last qtr)
Sector allocation (share of reported value)
each slice is a share of the reported long-US-equity value — smaller sectors and the rest of the book roll into “Other holdings”
Qtr shift = share-point change vs the prior quarter's filing — first period tracked for this filer; the column fills in with the next quarterly refresh.
Industry allocation (share of reported value)
- Interactive Media & Services10.4%—
- Application Software8.9%—
- Health Care Equipment7.2%—
- Air Freight & Logistics4.8%—
- Health Care Facilities4.1%—
- Oil & Gas Equipment & Services3.9%—
- Gold3.5%—
- Insurance Brokers3.3%—
- Other holdings54.0%—
the finer GICS cut of the same book — same denominator — smaller industries roll into “Other holdings”
Qtr shift = share-point change vs the prior quarter's filing — first period tracked for this filer; the column fills in with the next quarterly refresh.
Top S&P 500 holdings
10 of 10 rows · sorted by Value ↓
| Ticker | Holding | Shares | Value | Δ QoQ | Weight |
|---|---|---|---|---|---|
| $GOOGL | Alphabet Inc | 7.4M | $2.12B | +35.5K | 5.6% |
| $BDX | Becton Dickinson and Company | 11.9M | $1.88B | +282K | 5.0% |
| $META | Meta Platforms Inc | 3.19M | $1.83B | +43.2K | 4.8% |
| $HCA | HCA Healthcare Inc | 3.25M | $1.54B | -392K | 4.1% |
| $SLB | SLB Limited | 28.4M | $1.46B | +658K | 3.9% |
| $NEM | Newmont Corporation | 12M | $1.3B | -1.7M | 3.4% |
| $WTW | Willis Towers Watson Public Limited Company | 4.34M | $1.26B | +88.6K | 3.3% |
| $ORCL | Oracle Corporation | 8.44M | $1.24B | +145K | 3.3% |
| $ELV | Elevance Health Inc | 4.13M | $1.21B | +109K | 3.2% |
| $BNY | The Bank of New York Mellon Corporation | 9.87M | $1.17B | +122K | 3.1% |
…and 81 more holdings in the full 13F filing (top positions only shown).
SEC Form 13F data sets · public domain · 45-day filing lag · >$100M AUM managers · as reported
← All 13F filers·← QuantOrb.pro
How to read Δ QoQ — the five insight categories, and the caveats
The categories. Analysts, quants and retail traders look past total portfolio value to isolate actionable signals. Five categories matter.
Conviction & concentration shifts
New positions vs complete exits — a brand-new stock signals high conviction; a full liquidation suggests a broken thesis or tax-loss harvesting. Aggressive sizing — look at share count, not dollars: a 20% share increase during a drawdown is strong dip-buying. Concentration — a narrowing top-5/10 means conviction; spreading capital across more names means hedging.
Sector & macro allocation rotations
Aggregating Δ QoQ moves across sectors shows where smart money is leaning in or sneaking out — rotating out of growth into defensives or energy, for example. The fund's total long equity exposure quarter-over-quarter is a proxy for overall institutional risk appetite.
Crowding & smart-money consensus
When several managers initiate or expand the same stock in the same quarter, that is institutional consensus. Contrarian reads: top pickers buying hard into a beaten-down name the market is selling.
Derivative & option overlays
Reported call/put changes indicate whether managers are adding downside hedges or leveraging upside exposure. Note: a long increase may be half of a market-neutral pair trade.
Who reads this
| Retail "cloners" | High-conviction ideas to replicate ~45 days after quarter-end. |
| Corporate IR | Which funds bought or dumped the stock, before the next call. |
| Quant / algo traders | Cross-sectional factor inputs: flow, momentum, ownership. |
Four caveats before you trade on it
- 45-day lag — holdings are quarter-end; positions may already be closed.
- Long-only — 13Fs miss shorts, pair trades and cash.
- No non-US / fixed income — the picture is US equities plus options.
- Corporate actions — splits and spinoffs distort raw share deltas.
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