First Eagle Investment Management, LLC
In its 13F for Q4 2024 (holdings as of December 31, 2024, filed February 10, 2025), First Eagle Investment Management, LLC reported 420 stock positions worth $44.6 billion. Its top holding was Meta Platforms Class A (META) at 4.7% of the portfolio, followed by Oracle (ORCL, 4.6%) and Willis Towers Watson (WTW, 3.1%). Compared with Q3 2024, it opened 46 new positions, sold out of 18, added to 207 and reduced 156. The biggest buy was a new position in Dollar General (DG) and the biggest sale Exxon Mobil (XOM, shares −34%).
- Most Recent 13F
- Q2 2026
- Location
- NEW YORK, NY
- CIK
- 0001325447
- Portfolio Value
- $44.6B (Q4 2024)
- SEC Filing
- 0001325447-25-000006 ↗ filed Feb 10, 2025
Holdings Value
Holdings 420 stocks · $44.6B
| META Meta Platforms Inc. Class A | 4.65% | 3,542,031 | $2.1B | Reduce -0.1% |
| ORCL Oracle Corp. | 4.59% | 12,276,950 | $2.0B | Reduce -12.8% |
| WTW Willis Towers Watson PLC | 3.13% | 4,456,930 | $1.4B | Reduce -13.1% |
| HCA HCA Healthcare Inc. | 3.03% | 4,503,849 | $1.4B | Add +0.5% |
| IMO Imperial Oil Ltd. | 2.93% | 21,213,253 | $1.3B | Reduce -2.3% |
| CMCSA Comcast Corp. Class A | 2.87% | 34,101,077 | $1.3B | Add +7.1% |
| GOOG Alphabet Inc. Class C | 2.85% | 6,673,478 | $1.3B | Reduce -0.1% |
| ELV Elevance Health Inc. | 2.67% | 3,225,339 | $1.2B | Add +47.6% |
| PM Philip Morris International | 2.56% | 9,496,473 | $1.1B | Reduce -11.0% |
| TSM Taiwan Semiconductor-SP ADR | 2.50% | 5,639,152 | $1.1B | Reduce -3.6% |
| CHRW C.H. Robinson Worldwide Inc. | 2.49% | 10,738,898 | $1.1B | Reduce -6.3% |
| FMX Fomento Economico Mex-SP ADR | 2.43% | 12,655,733 | $1.1B | Add +20.5% |
| BNY Bank of New York Mellon Corp. filed as BANK NEW YORK MELLON CORP | 2.42% | 14,024,061 | $1.1B | Reduce -10.7% |
| WPM Wheaton Precious Metals Corp. | 2.40% | 19,047,037 | $1.1B | Reduce -1.6% |
| SLB SLB Ltd. filed as SCHLUMBERGER LTD | 2.39% | 27,836,555 | $1.1B | Add +1.3% |
| BDX Becton Dickinson and Co. | 2.25% | 4,426,022 | $1.0B | Add +31.4% |
| XOM Exxon Mobil Corp. | 2.09% | 8,681,886 | $933.9M | Reduce -34.0% |
| UHS Universal Health Services-B | 1.88% | 4,675,182 | $838.8M | Add +0.9% |
| CL Colgate-Palmolive Co. | 1.78% | 8,719,950 | $792.7M | Reduce -1.9% |
| CRM Salesforce Inc. | 1.77% | 2,355,185 | $787.4M | Reduce -10.1% |
| MDT Medtronic PLC | 1.75% | 9,792,200 | $782.2M | Add +0.3% |
| GLD SPDR Gold Shares | 1.73% | 3,197,776 | $770.1M | Reduce -4.4% |
| B Barrick Gold Corp. | 1.62% | 46,567,340 | $721.8M | Reduce -15.0% |
| AXP American Express Co. | 1.57% | 2,352,053 | $698.1M | Reduce -9.5% |
| TXN Texas Instruments Inc. | 1.53% | 3,630,053 | $680.7M | Reduce -13.6% |
| NEM Newmont Corp. | 1.50% | 17,920,099 | $667.0M | Reduce -3.9% |
| VMRK Vivmark Residential filed as EQUITY RESIDENTIAL | 1.49% | 9,246,832 | $663.6M | Reduce -0.3% |
| GOOGL Alphabet Inc. Class A | 1.42% | 3,342,282 | $632.7M | Reduce -0.0% |
| ABEV Ambev SA-ADR | 1.41% | 339,524,587 | $628.1M | Reduce -0.8% |
| BRK.A Berkshire Hathaway Inc. Class A | 1.40% | 916 | $623.7M | Reduce -0.3% |
| ADI Analog Devices Inc. | 1.36% | 2,856,553 | $606.9M | Reduce -25.0% |
| NOV Nov Inc. | 1.25% | 38,136,206 | $556.8M | Add +0.1% |
| CMI Cummins Inc. | 1.20% | 1,540,432 | $537.0M | Reduce -16.7% |
| AEM Agnico Eagle Mines Ltd. | 1.17% | 6,676,455 | $521.7M | Reduce -3.9% |
| RGLD Royal Gold Inc. | 1.03% | 3,479,123 | $458.7M | Reduce -2.5% |
| EXPD Expeditors Intl Wash Inc. | 1.01% | 4,070,429 | $450.9M | Add +32.0% |
| FLS Flowserve Corp. | 1.00% | 7,738,858 | $445.1M | Reduce -28.1% |
| NTR Nutrien Ltd. | 0.96% | 9,529,311 | $426.4M | Add +0.8% |
| USB US Bancorp | 0.95% | 8,875,903 | $424.5M | Reduce -0.4% |
| WY Weyerhaeuser Co. | 0.91% | 14,362,306 | $404.3M | Add +1.1% |
| DG Dollar General Corp. | 0.90% | 5,268,172 | $399.4M | New |
| FNV Franco-Nevada Corp. | 0.89% | 3,366,544 | $395.1M | Add +3.3% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.86% | 3,456,607 | $384.9M | Reduce -14.4% |
| PPG PPG Industries Inc. | 0.86% | 3,196,951 | $381.9M | Add +138.9% |
| NE Noble Corp. PLC | 0.84% | 11,992,216 | $376.6M | Add +105.2% |
| FNF Fidelity National Financial | 0.77% | 6,091,774 | $342.0M | Reduce -0.3% |
| IPGP Ipg Photonics Corp. | 0.73% | 4,497,062 | $327.0M | Reduce -0.4% |
| OKE Oneok Inc. | 0.62% | 2,774,303 | $278.5M | Reduce -19.5% |
| MSFT Microsoft Corp. | 0.62% | 657,544 | $277.2M | Add +0.0% |
| XRAY Dentsply Sirona Inc. | 0.62% | 14,500,409 | $275.2M | Add +2.5% |
| BXP BXP Inc. | 0.60% | 3,625,112 | $269.6M | Reduce -1.7% |
| DEI Douglas Emmett Inc. | 0.55% | 13,281,204 | $246.5M | Reduce -2.6% |
| EXR Extra Space Storage Inc. | 0.55% | 1,628,941 | $243.7M | Reduce -0.1% |
| SCHW Schwab (charles) Corp. | 0.53% | 3,175,717 | $235.0M | Reduce -11.0% |
| BIO Bio-Rad Laboratories-A | 0.53% | 713,505 | $234.4M | Add +0.1% |
| ROST Ross Stores Inc. | 0.51% | 1,494,639 | $226.1M | Reduce -17.5% |
| DE Deere & Co. | 0.50% | 531,237 | $225.1M | Add +0.9% |
| BRO Brown & Brown Inc. | 0.44% | 1,914,285 | $195.3M | Reduce -38.4% |
| CCU Cia Cervecerias Uni-Spon ADR filed as COMPANIA CERVECERIAS UNIDAS | 0.41% | 15,970,752 | $180.9M | Add +1.8% |
| KHC The Kraft Heinz Co. | 0.35% | 5,130,138 | $157.5M | Reduce -19.4% |
| AGI Alamos Gold Inc. Class A | 0.28% | 6,784,980 | $125.0M | Reduce -12.4% |
| CHTR Charter Communications Inc. Class A | 0.27% | 348,522 | $119.5M | Add +0.0% |
| KGC Kinross Gold Corp. | 0.26% | 12,610,383 | $116.9M | Add +80.9% |
| MAG Mag Silver Corp. | 0.24% | 7,839,793 | $106.4M | Add +46.5% |
| NG Novagold Resources Inc. | 0.19% | 26,034,894 | $86.7M | Reduce -0.2% |
| GFI Gold Fields Ltd.-Spons ADR | 0.18% | 6,191,489 | $81.7M | Reduce -12.9% |
| AU Anglogold Ashanti PLC | 0.13% | 2,517,132 | $58.1M | Reduce -0.3% |
| EPD Enterprise Products Partners | 0.12% | 1,656,533 | $51.9M | Add +0.0% |
| ORLA Orla Mining Ltd. filed as ORLA MNG LTD NEW | 0.10% | 8,079,816 | $44.7M | Reduce -0.2% |
| RPM RPM International Inc. | 0.08% | 298,849 | $36.8M | Reduce -74.4% |
| BTI British American Tob-SP ADR | 0.08% | 967,976 | $35.2M | Add +13.0% |
| UL Unilever PLC | 0.07% | 574,689 | $32.6M | Add +3.6% |
| SHEL Shell PLC-ADR | 0.07% | 487,840 | $30.6M | Add +16.0% |
| BIL SS SPDR BB 1-3M T-Bill ETF | 0.07% | 322,746 | $29.5M | Reduce -9.2% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.06% | 43,000 | $25.2M | New |
| KOF Coca-Cola Femsa Sab-SP ADR | 0.06% | 322,963 | $25.2M | Add +2.9% |
| CAE Cae Inc. | 0.05% | 955,324 | $24.2M | New |
| BTG B2GOLD Corp. | 0.05% | 8,332,514 | $20.3M | Reduce -54.0% |
| UNH Unitedhealth Group Inc. | 0.05% | 40,041 | $20.3M | Reduce -90.3% |
| HD Home Depot Inc. | 0.05% | 52,062 | $20.3M | Reduce -5.2% |
| HLN Haleon PLC-ADR | 0.04% | 2,104,289 | $20.1M | Add +4.7% |
| CHEF The Chefs' Warehouse Inc. | 0.04% | 394,861 | $19.5M | Add +4.2% |
| TTMI TTM Technologies | 0.04% | 770,836 | $19.1M | Reduce -4.9% |
| MTDR Matador Resources Co. | 0.04% | 325,335 | $18.3M | Add +4.7% |
| TEL Te Connectivity PLC | 0.04% | 127,333 | $18.2M | Reduce -0.5% |
| SBCF Seacoast Banking Corp. | 0.04% | 654,051 | $18.0M | Reduce -1.6% |
| MTG Mgic Investment Corp. | 0.04% | 758,879 | $18.0M | Add +3.5% |
| HSTM Healthstream Inc. | 0.04% | 540,398 | $17.2M | Reduce -1.2% |
| CAKE The Cheesecake Factory Inc. | 0.04% | 360,718 | $17.1M | Add +9.7% |
| CECO Ceco Environmental Corp. | 0.04% | 565,580 | $17.1M | Reduce -4.8% |
| ABCB Ameris Bancorp | 0.04% | 272,283 | $17.0M | Reduce -7.3% |
| ORI Old Republic Intl Corp. | 0.04% | 467,785 | $16.9M | Add +3.9% |
| AORT Artivion Inc. | 0.04% | 591,715 | $16.9M | Reduce -4.8% |
| WSR Whitestone REIT | 0.04% | 1,192,840 | $16.9M | Add +1.5% |
| LNC Lincoln National Corp. | 0.04% | 531,100 | $16.8M | Add +2.1% |
| BZH Beazer Homes USA Inc. | 0.04% | 612,158 | $16.8M | Add +9.1% |
| AXS Axis Capital Holdings Ltd. | 0.04% | 188,849 | $16.7M | Reduce -9.1% |
| RDN Radian Group Inc. | 0.04% | 510,873 | $16.2M | Add +5.3% |
| NMIH Nmi Holdings Inc. filed as NMI HLDGS INC | 0.04% | 438,919 | $16.1M | Add +5.9% |
| DCO Ducommun Inc. | 0.04% | 253,087 | $16.1M | Add +4.4% |
Options reported separately and not counted above: QQQ puts ($153.4M).
Other holdings (2): bonds, preferreds, convertibles and warrants · $54.6M (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| BANK OF AMERICA CORP (BAC 7.25 PERP L) | 7.25%CNV PFD L | 24,541 | $29.9M | No change |
| WELLS FARGO & COMPANY (WFC 7.5 PERP L) | PERP PFD CNV A | 20,691 | $24.7M | No change |
Total filed on the 13F, all lines: $44.7B.
Portfolio Sells Q3 2024 → Q4 2024
| XOM Exxon Mobil Corp. | Reduce -34.0% | 2.09% | −1.08 |
| B Barrick Gold Corp. | Reduce -15.0% | 1.62% | −0.63 |
| NEM Newmont Corp. | Reduce -3.9% | 1.50% | −0.56 |
| UNH Unitedhealth Group Inc. | Reduce -90.3% | 0.05% | −0.45 |
| ADI Analog Devices Inc. | Reduce -25.0% | 1.36% | −0.45 |
| ORCL Oracle Corp. | Reduce -12.8% | 4.59% | −0.36 |
| ABEV Ambev SA-ADR | Reduce -0.8% | 1.41% | −0.31 |
| TXN Texas Instruments Inc. | Reduce -13.6% | 1.53% | −0.26 |
| BRO Brown & Brown Inc. | Reduce -38.4% | 0.44% | −0.22 |
| IMO Imperial Oil Ltd. | Reduce -2.3% | 2.93% | −0.22 |
| RPM RPM International Inc. | Reduce -74.4% | 0.08% | −0.21 |
| FLS Flowserve Corp. | Reduce -28.1% | 1.00% | −0.15 |
| CL Colgate-Palmolive Co. | Reduce -1.9% | 1.78% | −0.12 |
| CHRW C.H. Robinson Worldwide Inc. | Reduce -6.3% | 2.49% | −0.12 |
| KHC The Kraft Heinz Co. | Reduce -19.4% | 0.35% | −0.11 |
| PM Philip Morris International | Reduce -11.0% | 2.56% | −0.11 |
| BTG B2GOLD Corp. | Reduce -54.0% | 0.05% | −0.07 |
| EXR Extra Space Storage Inc. | Reduce -0.1% | 0.55% | −0.06 |
| ROST Ross Stores Inc. | Reduce -17.5% | 0.51% | −0.06 |
| FTAI Ftai Aviation Ltd. | Reduce -98.3% | 0.00% | −0.05 |
| GFI Gold Fields Ltd.-Spons ADR | Reduce -12.9% | 0.18% | −0.04 |
| ZETA Zeta Global Holdings Corp. Class A | Sold out | 0.00% | −0.04 |
| AGI Alamos Gold Inc. Class A | Reduce -12.4% | 0.28% | −0.04 |
| HUN Huntsman Corp. | Sold out | 0.00% | −0.04 |
| WPM Wheaton Precious Metals Corp. | Reduce -1.6% | 2.40% | −0.03 |
| CMI Cummins Inc. | Reduce -16.7% | 1.20% | −0.03 |
| NG Novagold Resources Inc. | Reduce -0.2% | 0.19% | −0.03 |
| CHUY Chuy's Holdings Inc. | Sold out | 0.00% | −0.02 |
| OKE Oneok Inc. | Reduce -19.5% | 0.62% | −0.02 |
| THC Tenet Healthcare Corp. | Reduce -84.0% | 0.00% | −0.02 |
| WMB Williams Cos Inc. | Reduce -98.3% | 0.00% | −0.02 |
| LAD Lithia Motors Inc. | Reduce -71.0% | 0.01% | −0.02 |
| CRS Carpenter Technology | Reduce -52.2% | 0.02% | −0.02 |
| OPCH Option Care Health Inc. | Sold out | 0.00% | −0.01 |
| FNF Fidelity National Financial | Reduce -0.3% | 0.77% | −0.01 |
| COHU Cohu Inc. | Sold out | 0.00% | −0.01 |
| SCL Stepan Co. | Sold out | 0.00% | −0.01 |
| CDNA Caredx Inc. | Reduce -5.1% | 0.03% | −0.01 |
| KLIC Kulicke & Soffa Industries | Reduce -47.8% | 0.02% | −0.01 |
| EVR Evercore Inc. Class A | Reduce -40.0% | 0.03% | −0.01 |
| ASIX Advansix Inc. | Reduce -27.2% | 0.03% | −0.01 |
| BKH Black Hills Corp. | Reduce -28.3% | 0.03% | −0.01 |
| ROCK Gibraltar Industries Inc. | Sold out | 0.00% | −0.01 |
| AOSL Alpha & Omega Semiconductor | Reduce -32.4% | 0.03% | −0.01 |
| BARNES GROUP INC | Reduce -44.9% | 0.02% | −0.01 |
| FIS Fidelity National Info Serv | Sold out | 0.00% | −0.01 |
| JELD Jeld-Wen Holding Inc. | Reduce -39.9% | 0.00% | −0.01 |
| COHR Coherent Corp. | Reduce -88.4% | 0.00% | −0.01 |
| AU Anglogold Ashanti PLC | Reduce -0.3% | 0.13% | −0.01 |
| ACHC Acadia Healthcare Co. Inc. | Sold out | 0.00% | −0.01 |
Portfolio Buys Q3 2024 → Q4 2024
| DG Dollar General Corp. | New | 0.90% | +0.90 |
| BDX Becton Dickinson and Co. | Add +31.4% | 2.25% | +0.58 |
| PPG PPG Industries Inc. | Add +138.9% | 0.86% | +0.49 |
| NE Noble Corp. PLC | Add +105.2% | 0.84% | +0.41 |
| ELV Elevance Health Inc. | Add +47.6% | 2.67% | +0.33 |
| FMX Fomento Economico Mex-SP ADR | Add +20.5% | 2.43% | +0.29 |
| EXPD Expeditors Intl Wash Inc. | Add +32.0% | 1.01% | +0.18 |
| CMCSA Comcast Corp. Class A | Add +7.1% | 2.87% | +0.13 |
| KGC Kinross Gold Corp. | Add +80.9% | 0.26% | +0.13 |
| MAG Mag Silver Corp. | Add +46.5% | 0.24% | +0.08 |
| SPY SS SPDR S&P 500 ETF Trust-US | New | 0.06% | +0.06 |
| CAE Cae Inc. | New | 0.05% | +0.05 |
| DE Deere & Co. | Add +0.9% | 0.50% | +0.05 |
| FNV Franco-Nevada Corp. | Add +3.3% | 0.89% | +0.05 |
| MSFT Microsoft Corp. | Add +0.0% | 0.62% | +0.04 |
| CHTR Charter Communications Inc. Class A | Add +0.0% | 0.27% | +0.04 |
| BIO Bio-Rad Laboratories-A | Add +0.1% | 0.53% | +0.03 |
| CCU Cia Cervecerias Uni-Spon ADR | Add +1.8% | 0.41% | +0.03 |
| NTR Nutrien Ltd. | Add +0.8% | 0.96% | +0.02 |
| PENG Penguin Solutions Inc. | New | 0.02% | +0.02 |
| VSH Vishay Intertechnology Inc. | New | 0.02% | +0.02 |
| RELY Remitly Global Inc. | Add +41.4% | 0.03% | +0.02 |
| SLB SLB Ltd. | Add +1.3% | 2.39% | +0.02 |
| EPD Enterprise Products Partners | Add +0.0% | 0.12% | +0.02 |
| WRBY Warby Parker Inc. Class A | Add +792.7% | 0.02% | +0.02 |
| YETI Yeti Holdings Inc. | Add +1426.4% | 0.02% | +0.02 |
| WCC Wesco International Inc. | Add +112.3% | 0.02% | +0.01 |
| BTI British American Tob-SP ADR | Add +13.0% | 0.08% | +0.01 |
| GHM Graham Corp. | Add +0.5% | 0.04% | +0.01 |
| OSIS Osi Systems Inc. | New | 0.01% | +0.01 |
| MGNI Magnite Inc. | New | 0.01% | +0.01 |
| GLNG Golar LNG Ltd. | Add +63.9% | 0.02% | +0.01 |
| VITL Vital Farms Inc. | New | 0.01% | +0.01 |
| SRLN SS Blackstone Sr Loan ETF | New | 0.01% | +0.01 |
| NVEE NV5 Global Inc. | New | 0.01% | +0.01 |
| SHEL Shell PLC-ADR | Add +16.0% | 0.07% | +0.01 |
| ADTN Adtran Holdings Inc. | Add +24.5% | 0.02% | +0.01 |
| AZTA Azenta Inc. | New | 0.01% | +0.01 |
| CAKE The Cheesecake Factory Inc. | Add +9.7% | 0.04% | +0.01 |
| CHEF The Chefs' Warehouse Inc. | Add +4.2% | 0.04% | +0.01 |
| LINC Lincoln Educational Services | Add +5.2% | 0.03% | +0.01 |
| QNST Quinstreet Inc. | Add +6.0% | 0.04% | +0.01 |
| AMWD American Woodmark Corp. | Add +214.8% | 0.01% | +0.01 |
| NGS Natural Gas Services Group | Add +119.8% | 0.01% | +0.01 |
| MTDR Matador Resources Co. | Add +4.7% | 0.04% | +0.01 |
| SUM Summit Materials Inc. Class A | Add +13.6% | 0.02% | +0.01 |
| HEES H&E Equipment Services Inc. | Add +32.7% | 0.03% | +0.01 |
| LFST Lifestance Health Group Inc. | Add +182.8% | 0.01% | +0.01 |
| ENOV Enovis Corp. | Add +20.9% | 0.03% | +0.01 |
| GO Grocery Outlet Holding Corp. | Add +112.6% | 0.02% | +0.01 |
Options Activity Q3 2024 → Q4 2024
| QQQ Invesco QQQ Trust Series 1 | put | New | 300,000 | $153.4M |
Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026Amended | 420 | $60.7B | GOOG, BDX, META, TSM, FMX |
| Q1 2026Amended | 416 | $58.9B | GOOG, BDX, WPM, IMO, META |
| Q4 2025 | 418 | $56.8B | GOOG, BDX, META, WPM, TSM |
| Q3 2025 | 400 | $54.9B | ORCL, META, WPM, TSM, BDX |
| Q2 2025 | 389 | $49.9B | META, ORCL, IMO, WPM, HCA |
| Q1 2025 | 408 | $47.4B | META, ORCL, HCA, IMO, WTW |
| Q4 2024 | 420 | $44.6B | META, ORCL, WTW, HCA, IMO |
| Q3 2024 | 391 | $48.5B | ORCL, META, HCA, XOM, IMO |
| Q2 2024 | 395 | $44.1B | ORCL, META, XOM, IMO, HCA |
| Q1 2024 | 401 | $44.0B | ORCL, META, IMO, XOM, HCA |