First Eagle Investment Management, LLC

In its 13F for Q1 2025 (holdings as of March 31, 2025, filed May 12, 2025), First Eagle Investment Management, LLC reported 408 stock positions worth $47.4 billion. Its top holding was Meta Platforms Class A (META) at 4.3% of the portfolio, followed by Oracle (ORCL, 3.6%) and HCA Healthcare (HCA, 3.3%). Compared with Q4 2024, it opened 16 new positions, sold out of 28, added to 230 and reduced 154. The biggest buy was Becton Dickinson and (BDX, shares +25%) and the biggest sale Flowserve (FLS, shares −48%).

Most Recent 13F
Q2 2026
Location
NEW YORK, NY
CIK
0001325447
Portfolio Value
$47.4B (Q1 2025)
SEC Filing
0001325447-25-000026 ↗ filed May 12, 2025

Holdings Value

0$20.0B$40.0B$60.0B$80.0B Q1 2024: $44.0B Q1 2024 Q2 2024: $44.1B Q2 2024 Q3 2024: $48.5B Q3 2024 Q4 2024: $44.6B Q4 2024 Q1 2025: $47.4B $47.4B Q1 2025 Q2 2025: $49.9B Q2 2025 Q3 2025: $54.9B Q3 2025 Q4 2025: $56.8B Q4 2025 Q1 2026: $58.9B Q1 2026 Q2 2026: $60.7B Q2 2026

Holdings 408 stocks · $47.4B

META Meta Platforms Inc. Class A 4.31% 3,544,871 $2.0B Add +0.1%
ORCL Oracle Corp. 3.63% 12,283,181 $1.7B Add +0.1%
HCA HCA Healthcare Inc. 3.30% 4,522,101 $1.6B Add +0.4%
IMO Imperial Oil Ltd. 3.22% 21,088,357 $1.5B Reduce -0.6%
WTW Willis Towers Watson PLC 3.16% 4,431,373 $1.5B Reduce -0.6%
WPM Wheaton Precious Metals Corp. 3.05% 18,581,472 $1.4B Reduce -2.4%
PM Philip Morris International 3.01% 8,984,382 $1.4B Reduce -5.4%
ELV Elevance Health Inc. 2.98% 3,241,361 $1.4B Add +0.5%
CMCSA Comcast Corp. Class A 2.76% 35,414,313 $1.3B Add +3.9%
BDX Becton Dickinson and Co. 2.67% 5,517,712 $1.3B Add +24.7%
FMX Fomento Economico Mex-SP ADR 2.61% 12,644,489 $1.2B Reduce -0.1%
BNY Bank of New York Mellon Corp. filed as BANK NEW YORK MELLON CORP 2.47% 13,937,536 $1.2B Reduce -0.6%
SLB SLB Ltd. filed as SCHLUMBERGER LTD 2.47% 27,927,652 $1.2B Add +0.3%
GOOG Alphabet Inc. Class C 2.37% 7,176,775 $1.1B Add +7.5%
CHRW C.H. Robinson Worldwide Inc. 2.32% 10,732,177 $1.1B Reduce -0.1%
XOM Exxon Mobil Corp. 2.19% 8,706,337 $1.0B Add +0.3%
TSM Taiwan Semiconductor-SP ADR 1.98% 5,645,248 $937.1M Add +0.1%
GLD SPDR Gold Shares 1.91% 3,145,896 $903.7M Reduce -1.6%
B Barrick Gold Corp. 1.87% 45,617,874 $886.8M Reduce -2.0%
MDT Medtronic PLC 1.86% 9,815,649 $882.0M Add +0.2%
UHS Universal Health Services-B 1.86% 4,676,718 $878.8M Add +0.0%
NEM Newmont Corp. 1.79% 17,584,321 $849.0M Reduce -1.9%
CL Colgate-Palmolive Co. 1.73% 8,719,683 $817.0M Reduce 0.0%
ABEV Ambev SA-ADR 1.68% 341,577,145 $795.9M Add +0.6%
BRK.A Berkshire Hathaway Inc. Class A 1.54% 912 $728.2M Reduce -0.4%
AEM Agnico Eagle Mines Ltd. 1.50% 6,535,053 $708.1M Reduce -2.1%
VMRK Vivmark Residential filed as EQUITY RESIDENTIAL 1.41% 9,302,639 $665.9M Add +0.6%
TXN Texas Instruments Inc. 1.38% 3,630,335 $652.4M Add +0.0%
EXPD Expeditors Intl Wash Inc. 1.36% 5,361,717 $644.7M Add +31.7%
CRM Salesforce Inc. 1.34% 2,369,940 $636.0M Add +0.6%
NOV Nov Inc. 1.23% 38,239,372 $582.0M Add +0.3%
NTR Nutrien Ltd. 1.22% 11,640,901 $578.2M Add +22.2%
ADI Analog Devices Inc. 1.22% 2,854,306 $575.6M Reduce -0.1%
AXP American Express Co. 1.20% 2,105,274 $566.4M Reduce -10.5%
RGLD Royal Gold Inc. 1.18% 3,412,401 $558.0M Reduce -1.9%
DG Dollar General Corp. 1.13% 6,069,991 $533.7M Add +15.2%
GOOGL Alphabet Inc. Class A 1.09% 3,340,713 $516.6M Reduce -0.1%
FNV Franco-Nevada Corp. 1.07% 3,219,191 $506.4M Reduce -4.4%
PPG PPG Industries Inc. 1.06% 4,588,481 $501.8M Add +43.5%
CMI Cummins Inc. 1.02% 1,545,364 $484.4M Add +0.3%
WY Weyerhaeuser Co. 0.89% 14,403,091 $421.7M Add +0.3%
FNF Fidelity National Financial 0.84% 6,092,850 $396.5M Add +0.0%
BIO Bio-Rad Laboratories-A 0.81% 1,566,190 $381.5M Add +119.5%
USB US Bancorp 0.79% 8,891,198 $375.4M Add +0.2%
DIS The Walt Disney Co. filed as DISNEY WALT CO 0.72% 3,476,401 $343.1M Add +0.6%
NE Noble Corp. PLC 0.61% 12,188,599 $288.9M Add +1.6%
IPGP Ipg Photonics Corp. 0.60% 4,508,232 $284.6M Add +0.3%
CHTR Charter Communications Inc. Class A 0.60% 768,911 $283.4M Add +120.6%
OKE Oneok Inc. 0.57% 2,710,917 $269.0M Reduce -2.3%
DE Deere & Co. 0.53% 530,173 $248.8M Reduce -0.2%
MSFT Microsoft Corp. 0.52% 659,693 $247.6M Add +0.3%
BXP BXP Inc. 0.52% 3,636,733 $244.4M Add +0.3%
CCU Cia Cervecerias Uni-Spon ADR filed as COMPANIA CERVECERIAS UNIDAS 0.51% 15,892,350 $241.6M Reduce -0.5%
EXR Extra Space Storage Inc. 0.51% 1,616,049 $240.0M Reduce -0.8%
BRO Brown & Brown Inc. 0.50% 1,921,699 $239.1M Add +0.4%
XRAY Dentsply Sirona Inc. 0.46% 14,438,975 $215.7M Reduce -0.4%
DEI Douglas Emmett Inc. 0.45% 13,261,676 $212.2M Reduce -0.1%
FLS Flowserve Corp. 0.41% 3,986,791 $194.7M Reduce -48.5%
IFF Intl Flavors & Fragrances filed as INTERNATIONAL FLAVORS&FRAGRA 0.40% 2,449,689 $190.1M Add +37191.7%
ROST Ross Stores Inc. 0.40% 1,477,656 $188.8M Reduce -1.1%
CSL Carlisle Cos Inc. 0.39% 548,101 $186.6M New
AGI Alamos Gold Inc. Class A 0.36% 6,398,366 $171.0M Reduce -5.7%
KGC Kinross Gold Corp. 0.31% 11,787,211 $148.6M Reduce -6.5%
KHC The Kraft Heinz Co. 0.31% 4,874,718 $148.3M Reduce -5.0%
GFI Gold Fields Ltd.-Spons ADR 0.29% 6,148,502 $135.8M Reduce -0.7%
MAG Mag Silver Corp. 0.25% 7,791,250 $118.5M Reduce -0.6%
AU Anglogold Ashanti PLC 0.20% 2,501,368 $92.9M Reduce -0.6%
ORLA Orla Mining Ltd. filed as ORLA MNG LTD NEW 0.16% 8,040,945 $75.1M Reduce -0.5%
EPD Enterprise Products Partners 0.12% 1,651,887 $56.4M Reduce -0.3%
NG Novagold Resources Inc. 0.11% 18,231,042 $53.2M Reduce -30.0%
BTI British American Tob-SP ADR 0.09% 1,010,815 $41.8M Add +4.4%
UL Unilever PLC 0.08% 636,970 $37.9M Add +10.8%
BTG B2GOLD Corp. 0.08% 12,842,101 $36.5M Add +54.1%
SHEL Shell PLC-ADR 0.08% 495,132 $36.3M Add +1.5%
RPM RPM International Inc. 0.07% 298,849 $34.6M No change
KOF Coca-Cola Femsa Sab-SP ADR 0.07% 356,823 $32.6M Add +10.5%
HLN Haleon PLC-ADR 0.05% 2,488,938 $25.6M Add +18.3%
LYG Lloyds Banking Group PLC-ADR 0.05% 6,203,638 $23.7M Add +10.8%
CAE Cae Inc. 0.05% 942,214 $23.2M Reduce -1.4%
SNY Sanofi-ADR 0.04% 382,220 $21.2M Add +16.2%
UNH Unitedhealth Group Inc. 0.04% 39,619 $20.8M Reduce -1.1%
BIL SS SPDR BB 1-3M T-Bill ETF 0.04% 217,263 $19.9M Reduce -32.7%
LNC Lincoln National Corp. 0.04% 517,650 $18.6M Reduce -2.5%
AXS Axis Capital Holdings Ltd. 0.04% 184,749 $18.5M Reduce -2.2%
HD Home Depot Inc. 0.04% 50,496 $18.5M Reduce -3.0%
TEL Te Connectivity PLC 0.04% 125,984 $17.8M Reduce -1.1%
IPI Intrepid Potash Inc. 0.04% 584,321 $17.2M Reduce -11.2%
MTDR Matador Resources Co. 0.03% 322,835 $16.5M Reduce -0.8%
WSR Whitestone REIT 0.03% 1,098,540 $16.0M Reduce -7.9%
TTMI TTM Technologies 0.03% 758,311 $15.6M Reduce -1.6%
LPX Louisiana-Pacific Corp. 0.03% 163,031 $15.0M Add +4.9%
CDE Coeur Mining Inc. 0.03% 2,463,978 $14.6M Reduce -1.6%
KMPR Kemper Corp. 0.03% 216,631 $14.5M Reduce -5.4%
DCO Ducommun Inc. 0.03% 248,587 $14.4M Reduce -1.8%
SPB Spectrum Brands Holdings Inc. 0.03% 200,172 $14.3M Add +7.5%
SBCF Seacoast Banking Corp. 0.03% 551,851 $14.2M Reduce -15.6%
BZH Beazer Homes USA Inc. 0.03% 695,175 $14.2M Add +13.6%
LINC Lincoln Educational Services 0.03% 890,730 $14.1M Add +6.9%
TMHC Taylor Morrison Home Corp. 0.03% 228,001 $13.7M Add +2.6%
IIIN Insteel Industries Inc. 0.03% 517,054 $13.6M Add +10.1%
GXO Gxo Logistics Inc. 0.03% 346,200 $13.5M Add +3.5%
CECO Ceco Environmental Corp. 0.03% 588,278 $13.4M Add +4.0%
OIS Oil States International Inc. filed as OIL STS INTL INC 0.03% 2,598,596 $13.4M Add +6.0%
OUT Outfront Media Inc. 0.03% 827,635 $13.4M Add +7.4%
HSTM Healthstream Inc. 0.03% 412,898 $13.3M Reduce -23.6%
FN Fabrinet 0.03% 66,954 $13.2M Add +11.5%
TITN Titan Machinery Inc. 0.03% 758,221 $12.9M Add +19.5%
QNST Quinstreet Inc. 0.03% 722,823 $12.9M Add +6.1%
ONB Old National Bancorp 0.03% 608,098 $12.9M Add +7.3%
AL Sumisho Air Lease Corp. filed as AIR LEASE CORP 0.03% 262,987 $12.7M Add +1.9%
ORI Old Republic Intl Corp. 0.03% 323,285 $12.7M Reduce -30.9%
INGR Ingredion Inc. 0.03% 93,001 $12.6M Reduce -16.9%
BKD Brookdale Senior Living Inc. 0.03% 1,987,886 $12.4M Add +21.1%
NCMI National Cinemedia Inc. 0.03% 1,857,558 $12.2M Add +21.2%
CMC Commercial Metals Co. 0.03% 262,479 $12.1M Add +7.3%
IBP Installed Building Products 0.03% 70,028 $12.0M Add +17.6%
IDA Idacorp Inc. 0.03% 102,765 $11.9M Reduce -13.7%
LXU LSB Industries Inc. 0.03% 1,811,701 $11.9M Add +2.9%
ENOV Enovis Corp. 0.03% 310,521 $11.9M Reduce -9.7%
CCS Century Communities Inc. 0.02% 174,947 $11.7M Add +15.3%
KTOS Kratos Defense & Security 0.02% 394,263 $11.7M Reduce -8.4%
VSH Vishay Intertechnology Inc. 0.02% 731,500 $11.6M Add +37.0%
MTG Mgic Investment Corp. 0.02% 460,879 $11.4M Reduce -39.3%
AEIS Advanced Energy Industries 0.02% 118,983 $11.3M Add +5.2%
CHEF The Chefs' Warehouse Inc. 0.02% 207,561 $11.3M Reduce -47.4%
UTI Universal Technical Institut 0.02% 439,876 $11.3M Reduce -5.8%
ITUB Itau Unibanco H-Spon PRF ADR 0.02% 2,053,203 $11.3M Add +29.8%
TRN Trinity Industries Inc. 0.02% 401,092 $11.3M Reduce -2.4%
FOR Forestar Group Inc. 0.02% 528,769 $11.2M Add +10.2%
GLNG Golar LNG Ltd. 0.02% 285,972 $10.9M Add +10.9%
PNTG The Pennant Group Inc. 0.02% 431,348 $10.8M Add +4.0%
HL Hecla Mining Co. 0.02% 1,947,728 $10.8M Add +2.9%
AORT Artivion Inc. 0.02% 433,215 $10.6M Reduce -26.8%
WCC Wesco International Inc. 0.02% 68,508 $10.6M Add +11.8%
GHM Graham Corp. 0.02% 368,173 $10.6M Add +4.3%
OGS One Gas Inc. 0.02% 139,614 $10.6M Reduce -0.9%
ABCB Ameris Bancorp 0.02% 182,783 $10.5M Reduce -32.9%
UMH Umh Properties Inc. filed as UMH PPTYS INC 0.02% 560,519 $10.5M Add +49.1%
AX Axos Financial Inc. 0.02% 162,272 $10.5M Reduce -19.6%
NMIH Nmi Holdings Inc. filed as NMI HLDGS INC 0.02% 289,119 $10.4M Reduce -34.1%
ASTE Astec Industries Inc. 0.02% 300,650 $10.4M Add +22.3%
ACA Arcosa Inc. 0.02% 133,480 $10.3M Reduce -3.0%
CAKE The Cheesecake Factory Inc. 0.02% 207,418 $10.1M Reduce -42.5%
ADTN Adtran Holdings Inc. 0.02% 1,144,107 $10.0M Reduce -8.2%
BKH Black Hills Corp. 0.02% 162,216 $9.8M Reduce -29.9%
THR Thermon Group Holdings Inc. 0.02% 352,511 $9.8M Add +10.4%
RELY Remitly Global Inc. 0.02% 471,916 $9.8M Reduce -17.0%
RDN Radian Group Inc. 0.02% 291,073 $9.6M Reduce -43.0%
DY Dycom Industries Inc. 0.02% 63,002 $9.6M New
VECO Veeco Instruments Inc. 0.02% 476,798 $9.6M Add +5.9%
DCOM Dime Commercial Bancshares I filed as DIME CMNTY BANCSHARES INC 0.02% 343,002 $9.6M Reduce -30.4%
PBPB Potbelly Corp. 0.02% 1,000,028 $9.5M Reduce -13.8%
JBTM JBT Marel Corp. 0.02% 76,423 $9.3M Reduce -9.9%
PR Permian Resources Corp. Class A 0.02% 673,175 $9.3M Reduce -13.4%
BHE Benchmark Electronics Inc. 0.02% 244,879 $9.3M Add +2.3%
PBF PBF Energy Inc. Class A 0.02% 485,417 $9.3M Add +8.1%
PEP Pepsico Inc. 0.02% 61,667 $9.2M Reduce -1.1%
KALU Kaiser Aluminum Corp. 0.02% 152,232 $9.2M Add +9.4%
SRLN SS Blackstone Sr Loan ETF 0.02% 218,112 $9.2M Add +70.9%
AHCO Adapthealth Corp. 0.02% 841,636 $9.1M Reduce -1.8%
BKLN Invesco Senior Loan ETF 0.02% 433,094 $9.1M Add +75.2%
STNG Scorpio Tankers Inc. 0.02% 242,368 $9.1M Add +9.4%
NVGS Navigator Holdings Ltd. 0.02% 675,445 $9.0M Add +5.3%
MUR Murphy Oil Corp. 0.02% 314,500 $8.9M New
BDC Belden Inc. 0.02% 88,441 $8.9M Add +5.5%
VLY Valley National Bancorp 0.02% 992,800 $8.8M Add +1.7%
NPO Enpro Inc. 0.02% 54,493 $8.8M Reduce -17.1%
GT Goodyear Tire & Rubber Co. 0.02% 952,972 $8.8M Reduce -15.1%
SKY Champion Homes Inc. 0.02% 92,205 $8.7M Reduce -2.3%
STC Stewart Information Services 0.02% 122,309 $8.7M Reduce -30.8%
LPG Dorian LPG Ltd. 0.02% 389,125 $8.7M Add +17.8%
UCTT Ultra Clean Holdings Inc. 0.02% 405,439 $8.7M Add +1.1%
REPX Riley Exploration Permian Inc. 0.02% 297,048 $8.7M Add +3.5%
MAMA Mama's Creations Inc. 0.02% 1,321,035 $8.6M Add +16.4%
LGIH Lgi Homes Inc. 0.02% 129,315 $8.6M Add +17.5%
PENG Penguin Solutions Inc. 0.02% 492,744 $8.6M Add +3.9%
VIAV Viavi Solutions Inc. 0.02% 760,800 $8.5M Add +4.0%
BRK.B Berkshire Hathaway Inc. Class B 0.02% 15,882 $8.5M Add +39.9%
SANM Sanmina Corp. 0.02% 110,872 $8.4M Reduce -44.8%
WERN Werner Enterprises Inc. 0.02% 286,048 $8.4M Reduce -29.2%
SM SM Energy Co. 0.02% 277,303 $8.3M Add +15.3%
ICHR Ichor Holdings Ltd. 0.02% 366,795 $8.3M Reduce -1.5%
FAF First American Financial 0.02% 126,175 $8.3M Reduce -33.1%
JBI Janus International Group Inc. 0.02% 1,124,442 $8.1M Add +15.2%
PHLT Performant Healthcare Inc. 0.02% 2,680,255 $7.9M Add +0.3%
AVT Avnet Inc. 0.02% 164,645 $7.9M Add +7.1%
UTZ Utz Brands Inc. 0.02% 562,130 $7.9M Add +19.4%
OTIS Otis Worldwide Corp. 0.02% 76,413 $7.9M Add +46.4%
YETI Yeti Holdings Inc. filed as YETI HLDGS INC 0.02% 238,000 $7.9M Add +24.7%
AIR Aar Corp. 0.02% 139,715 $7.8M Reduce -34.7%
EVER Everquote Inc. Class A 0.02% 297,857 $7.8M Add +1.9%
SHOE Shoe Station Group Inc. filed as SHOE CARNIVAL INC 0.02% 354,685 $7.8M Add +38.6%
NWE Northwestern Energy Group Inc. 0.02% 133,199 $7.7M Add +3.9%
AMKR Amkor Technology Inc. 0.02% 424,500 $7.7M Reduce -20.1%
WRBY Warby Parker Inc. Class A 0.02% 420,074 $7.7M Add +34.5%
AOSL Alpha & Omega Semiconductor 0.02% 306,708 $7.6M Reduce -2.8%
GSM Ferroglobe PLC 0.02% 2,040,772 $7.6M Add +0.5%
AMWD American Woodmark Corp. 0.02% 128,600 $7.6M Add +55.3%
TROX Tronox Holdings PLC 0.02% 1,071,840 $7.5M Add +4.5%
ATEC Alphatec Holdings Inc. 0.02% 710,437 $7.2M Add +7.9%
EYE National Vision Holdings Inc. 0.02% 560,302 $7.2M Add +2.0%
PWP Perella Weinberg Partners 0.01% 385,078 $7.1M Reduce -19.6%
RXO Rxo Inc. 0.01% 370,075 $7.1M Add +8.6%
PKOH Park-Ohio Holdings Corp. 0.01% 324,893 $7.0M Add +25.5%
MKSI MKS Inc. filed as MKS INSTRS INC 0.01% 86,649 $6.9M Reduce -35.5%
SAH Sonic Automotive Inc. Class A 0.01% 121,316 $6.9M Reduce -8.2%
CON Concentra Group Holdings Par 0.01% 315,759 $6.9M Add +6.8%
AMRC Ameresco Inc. Class A 0.01% 566,427 $6.8M Add +34.5%
CENX Century Aluminum Company 0.01% 365,056 $6.8M Reduce -14.9%
DENN Denny's Corp. 0.01% 1,838,526 $6.7M Add +10.4%
MTW Manitowoc Company Inc. 0.01% 782,123 $6.7M Add +32.8%
ATRO Astronics Corp. 0.01% 277,426 $6.7M Reduce -30.9%
HTLD Heartland Express Inc. 0.01% 719,868 $6.6M Reduce -1.4%
LFST Lifestance Health Group Inc. 0.01% 992,166 $6.6M Add +26.3%
CARS Cars.com Inc. 0.01% 585,143 $6.6M Add +0.3%
VITL Vital Farms Inc. 0.01% 213,979 $6.5M Add +47.6%
VSEC Vse Corp. 0.01% 54,222 $6.5M Reduce -46.5%
DRS Leonardo DRS Inc. 0.01% 195,885 $6.4M Reduce -34.9%
WBS Webster Financial Corp. 0.01% 124,122 $6.4M Add +1934.1%
LOCO El Pollo Loco Holdings Inc. 0.01% 619,893 $6.4M Add +36.7%
TRS Trimas Corp. 0.01% 272,506 $6.4M Add +5.8%
SEM Select Medical Holdings Corp. 0.01% 381,159 $6.4M Add +4.0%
AVNW Aviat Networks Inc. 0.01% 328,907 $6.3M Add +62.4%
IMXI International Money Express 0.01% 494,334 $6.2M Reduce -22.4%
NGS Natural Gas Services Group 0.01% 283,689 $6.2M Add +23.7%
NVEE NV5 Global Inc. 0.01% 317,200 $6.1M Add +14.6%
ETD Ethan Allen Interiors Inc. 0.01% 218,661 $6.1M Add +11.3%
SKT Tanger Inc. 0.01% 178,104 $6.0M Add +8.5%
MC Moelis & Co. Class A 0.01% 103,051 $6.0M Reduce -12.8%
AZTA Azenta Inc. 0.01% 170,200 $5.9M Add +74.6%
PTLO Portillo's Inc. Class A 0.01% 494,350 $5.9M Add +80.3%
OSIS Osi Systems Inc. 0.01% 30,100 $5.8M Reduce -16.2%
CDNA Caredx Inc. 0.01% 328,614 $5.8M Reduce -41.7%
FIP Ftai Infrastructure Inc. 0.01% 1,286,241 $5.8M Add +21.8%
LBRT Liberty Energy Inc. 0.01% 365,467 $5.8M Add +30.8%
TGI Triumph Group Inc. 0.01% 227,341 $5.8M Reduce -6.4%
MGNI Magnite Inc. 0.01% 495,657 $5.7M Add +35.0%
LYTS Lsi Industries Inc. 0.01% 331,922 $5.6M Reduce -17.8%
SMHI Seacor Marine Holdings Inc. 0.01% 1,085,894 $5.5M Add +18.5%
NX Quanex Building Products 0.01% 289,568 $5.4M Add +49.0%
LXFR Luxfer Holdings PLC 0.01% 449,056 $5.3M Add +5.5%
VTLE Vital Energy Inc. 0.01% 246,501 $5.2M Add +3.1%
CRS Carpenter Technology 0.01% 28,454 $5.2M Reduce -42.5%
DGII Digi International Inc. 0.01% 184,909 $5.1M Reduce -3.4%
BLZE Backblaze Inc. Class A 0.01% 1,065,390 $5.1M Reduce -8.2%
ASIX Advansix Inc. 0.01% 225,324 $5.1M Reduce -51.5%
HCSG Healthcare Services Group 0.01% 504,348 $5.1M Add +93.3%
MAC The Macerich Co. 0.01% 295,810 $5.1M Reduce -23.0%
EMBC Embecta Corp. 0.01% 395,494 $5.0M Add +3.7%
INFU Infusystem Holdings Inc. 0.01% 920,371 $5.0M Add +1.3%
NTCT Netscout Systems Inc. 0.01% 231,505 $4.9M Reduce -6.8%
SBUX Starbucks Corp. 0.01% 48,996 $4.8M Reduce -1.1%
MEC Mayville Engineering Co. Inc. 0.01% 351,875 $4.7M Add +5.9%
MNRO Monro Inc. 0.01% 321,000 $4.6M Add +1.9%
SDHC Smith Douglas Homes Corp. 0.01% 236,382 $4.6M Add +58.8%
CXM Sprinklr Inc. Class A 0.01% 542,728 $4.5M Add +915.7%
ZIMV Zimvie Inc. 0.01% 417,471 $4.5M Add +55.8%
BCC Boise Cascade Co. 0.01% 45,853 $4.5M New
LAKE Lakeland Industries Inc. 0.01% 218,953 $4.4M Add +879.6%
KLIC Kulicke & Soffa Industries 0.01% 132,738 $4.4M Reduce -7.8%
CUBI Customers Bancorp Inc. 0.01% 86,117 $4.3M Add +24.1%
SIBN Si-Bone Inc. 0.01% 307,738 $4.3M Add +65.9%
INTT Intest Corp. 0.01% 610,834 $4.3M Add +1.4%
DNOW Dnow Inc. 0.01% 249,934 $4.3M Add +2.5%
MATV Mativ Holdings Inc. 0.01% 684,090 $4.3M Add +23.1%
PRGO Perrigo Co. PLC 0.01% 151,405 $4.2M Add +165.5%
TWI Titan International Inc. 0.01% 505,164 $4.2M Add +183.3%
DEO Diageo PLC-Sponsored ADR 0.01% 40,366 $4.2M Reduce -7.4%
HZO Marinemax Inc. 0.01% 195,235 $4.2M Add +80.8%
TMCI Treace Medical Concepts Inc. 0.01% 498,924 $4.2M New
ATSG Air Transport Services Group 0.01% 184,747 $4.1M Reduce -54.8%
VVX V2X Inc. 0.01% 84,433 $4.1M Reduce -47.4%
KOS Kosmos Energy Ltd. 0.01% 1,799,091 $4.1M Add +45.4%
FSLY Fastly Inc. Class A 0.01% 646,673 $4.1M Add +91.2%
ASYS Amtech Systems Inc. 0.01% 841,922 $4.1M Add +0.8%
MTRX Matrix Service Co. 0.01% 317,194 $3.9M New
AVAH Aveanna Healthcare Holdings 0.01% 723,167 $3.9M Add +65.9%
SHOO Steven Madden Ltd. filed as MADDEN STEVEN LTD 0.01% 146,997 $3.9M Add +51.2%
CNR Core Natural Resources Inc. 0.01% 50,107 $3.9M New
KRO Kronos Worldwide Inc. 0.01% 504,177 $3.8M Add +3.1%
ZUMZ Zumiez Inc. 0.01% 249,673 $3.7M Reduce -16.4%
HP Helmerich & Payne 0.01% 141,993 $3.7M Add +3.1%
MOS The Mosaic Co. 0.01% 135,210 $3.7M New
PGNY Progyny Inc. 0.01% 163,200 $3.6M Add +12.6%
NPKI NPK International Inc. 0.01% 627,105 $3.6M Add +95.0%
THRY Thryv Holdings Inc. 0.01% 280,816 $3.6M New
ANGO Angiodynamics Inc. 0.01% 377,835 $3.5M Reduce -7.9%
PUMP Propetro Holding Corp. 0.01% 478,133 $3.5M Add +15.0%
CLAR Clarus Corp. 0.01% 926,975 $3.5M Add +18.1%
RBBN Ribbon Communications Inc. 0.01% 880,755 $3.5M Add +7.5%
PAL Proficient Auto Logistics Inc. 0.01% 410,748 $3.4M Add +14.8%
GEOS Geospace Technologies Corp. 0.01% 467,887 $3.4M Add +65.1%
KODK Eastman Kodak Co. 0.01% 513,216 $3.2M Add +57.7%
RLGT Radiant Logistics Inc. 0.01% 526,801 $3.2M Add +1.9%
ALTG Alta Equipment Group Inc. 0.01% 681,659 $3.2M Add +72.2%
VPG Vishay Precision Group 0.01% 129,844 $3.1M Add +65.4%
VMD Viemed Healthcare Inc. 0.01% 425,344 $3.1M Add +29.4%
HOS Hornbeck Offshore Services I filed as HELIX ENERGY SOLUTIONS GRP I 0.01% 372,258 $3.1M Add +58.2%
TILE Interface Inc. 0.01% 155,617 $3.1M Reduce -26.1%
SRTA Strata Critical Medical Inc. filed as BLADE AIR MOBILITY INC 0.01% 1,127,820 $3.1M Add +110.4%
RDNT Radnet Inc. 0.01% 61,143 $3.0M Reduce -28.1%
ACCO Acco Brands Corp. 0.01% 719,764 $3.0M Add +46.7%
SVCO Silvaco Group Inc. 0.01% 643,729 $2.9M Add +40.4%
NTGR Netgear Inc. 0.01% 119,393 $2.9M Reduce -0.9%
TALK Talkspace Inc. 0.01% 1,131,850 $2.9M Add +101.7%
AZEK The Azek Co. Inc. 0.01% 58,559 $2.9M Reduce -9.3%
JOUT Johnson Outdoors Inc. Class A 0.01% 105,900 $2.6M Add +106.2%
ASUR Asure Software Inc. 0.01% 272,620 $2.6M Reduce -29.7%
CIA Citizens Inc. 0.01% 557,394 $2.5M Add +0.5%
DOUG Douglas Elliman Inc. 0.01% 1,474,312 $2.5M Add +30.9%
ALTISOURCE PORTFOLIO SOLNS S 0.01% 3,759,044 $2.5M New
POWW Outdoor Holding Co. filed as AMMO INC 0.01% 1,819,870 $2.5M Add +20.6%
STRW Strawberry Fields REIT Inc. 0.01% 210,805 $2.5M Add +320.8%
HLIT Harmonic Inc. 0.01% 261,576 $2.5M New
CVCO Cavco Industries Inc. 0.01% 4,728 $2.5M Reduce -41.8%
ONEW Onewater Marine Inc. Class A 0.01% 151,084 $2.4M Add +346.7%
HOFT Hooker Furnishings Corp. 0.01% 233,653 $2.3M Add +105.1%
RPAY Repay Holdings Corp. 0.00% 411,026 $2.3M Add +76.4%
CTLP Cantaloupe Inc. 0.00% 274,701 $2.2M Reduce -54.4%
CLW Clearwater Paper Corp. 0.00% 83,913 $2.1M New
FLWS 1-800-Flowers.com Inc. Class A 0.00% 357,760 $2.1M Add +2.4%
STKL Sunopta Inc. 0.00% 425,926 $2.1M Add +144.5%
GD General Dynamics Corp. 0.00% 7,297 $2.0M No change
BBCP Concrete Pumping Holdings Inc. 0.00% 357,962 $2.0M Add +103.8%
TTSH Tile Shop Hldgs Inc. 0.00% 298,672 $1.9M Reduce -4.6%
AIRG Airgain Inc. 0.00% 559,214 $1.9M Reduce -1.6%
TTAM Titan America SA 0.00% 131,790 $1.8M New
RES RPC Inc. 0.00% 315,149 $1.7M Add +0.8%
DCGO Docgo Inc. 0.00% 607,140 $1.6M Add +130.7%
LTRX Lantronix Inc. 0.00% 643,017 $1.6M Reduce -4.2%
THC Tenet Healthcare Corp. 0.00% 11,566 $1.6M Add +12.7%
JELD Jeld-Wen Holding Inc. 0.00% 254,818 $1.5M Add +9.0%
CAH Cardinal Health Inc. 0.00% 11,016 $1.5M Add +4.8%
ICAD Icad Inc. 0.00% 724,519 $1.5M Add +1.2%
NGVC Natural Grocers BY Vitamin C 0.00% 35,268 $1.4M Reduce -59.3%
SDRL Seadrill Limited 0.00% 34,613 $1.3M Add +16.9%
SHYF The Shyft Group Inc. 0.00% 152,113 $1.2M Reduce -48.8%
EXE Expand Energy Corp. 0.00% 10,293 $1.1M No change
ICUI Icu Medical Inc. 0.00% 8,150 $1.1M Reduce -66.9%
FEOE First Eagle Overseas Eq ETF 0.00% 27,780 $1.1M Add +177.8%
CRNT Ceragon Networks Ltd. 0.00% 451,332 $1.1M Reduce -4.5%
FEGE First Eagle GL Equity ETF 0.00% 27,635 $1.0M Add +176.3%
UEIC Universal Electronics Inc. 0.00% 165,936 $1.0M Add +1.2%
DOV Dover Corp. 0.00% 5,689 $999K Add +15.2%
EVR Evercore Inc. Class A 0.00% 4,843 $967K Reduce -88.5%
DGX Quest Diagnostics Inc. 0.00% 5,549 $939K Add +12.1%
HLLY Holley Inc. 0.00% 359,446 $924K Add +70.3%
PWR Quanta Services Inc. 0.00% 3,593 $913K Reduce -9.1%
XPO Xpo Inc. 0.00% 7,857 $845K Reduce -1.3%
ACN Accenture PLC Class A 0.00% 2,628 $820K Reduce -1.1%
TLYS Tilly's Inc. Class A SHRS 0.00% 370,114 $814K Reduce -9.3%
TXRH Texas Roadhouse Inc. 0.00% 4,810 $801K Add +26.7%
DCI Donaldson Co. Inc. 0.00% 11,617 $779K Add +8.4%
RKT Rocket Cos Inc. Class A 0.00% 63,340 $765K Add +4.3%
PFGC Performance Food Group Co. 0.00% 9,504 $747K Add +1.1%
FOSL Fossil Group Inc. 0.00% 649,269 $747K Add +96.3%
LII Lennox International Inc. 0.00% 1,330 $746K Reduce -23.6%
GTLS Chart Industries Inc. 0.00% 5,138 $742K New
WD Walker & Dunlop Inc. 0.00% 8,655 $739K Add +57.5%
EXEL Exelixis Inc. 0.00% 19,687 $727K Add +5.3%
ENSG The Ensign Group Inc. 0.00% 5,338 $691K No change
HLI Houlihan Lokey Inc. 0.00% 4,197 $678K Reduce -2.3%
CW Curtiss-Wright Corp. 0.00% 2,100 $666K Reduce -93.2%
SND Smart Sand Inc. 0.00% 256,922 $665K Add +13.9%
DAL Delta Air Lines Inc. 0.00% 14,805 $645K Add +2.1%
GNRC Generac Holdings Inc. 0.00% 5,032 $637K Add +94.1%
ONTO Onto Innovation Inc. 0.00% 5,103 $619K No change
CTOS Custom Truck One Source Inc. 0.00% 145,523 $614K New
WLK Westlake Corp. 0.00% 6,088 $609K Add +1.7%
RJF Raymond James Financial Inc. 0.00% 4,238 $589K Reduce -11.8%
KVHI KVH Industries Inc. 0.00% 110,835 $586K New
CASY Casey's General Stores Inc. 0.00% 1,321 $573K Reduce -41.2%
ARMK Aramark 0.00% 16,435 $567K Add +6.5%
FLEX Flex Ltd. 0.00% 16,704 $553K Reduce -4.0%
ZBH Zimmer Biomet Holdings Inc. 0.00% 4,226 $478K Reduce -6.6%
LFMD Lifemd Inc. 0.00% 86,492 $471K Add +71.8%
ENTG Entegris Inc. 0.00% 5,183 $453K Add +7.2%
COHR Coherent Corp. 0.00% 6,436 $418K Add +6.6%
TOL Toll Brothers Inc. 0.00% 3,679 $388K Reduce -5.2%
LAD Lithia Motors Inc. 0.00% 1,232 $362K Reduce -88.3%
CRH CRH PLC 0.00% 4,052 $351K Reduce -7.2%
GENC Gencor Industries Inc. 0.00% 28,801 $350K Reduce -61.1%
COTY Coty Inc. Class A 0.00% 60,276 $330K Add +38.4%
LUV Southwest Airlines Co. 0.00% 8,683 $292K Add +55.4%
TXNM TXNM Energy Inc. 0.00% 5,387 $288K Add +0.9%
UGI Ugi Corp. 0.00% 8,613 $285K Add +0.8%
KNX Knight-Swift Transportation 0.00% 6,435 $280K Reduce -22.8%
TRMB Trimble Inc. 0.00% 3,795 $249K Reduce -5.0%
BSM Black Stone Minerals LP 0.00% 14,564 $222K Add +154.8%
D Dominion Energy Inc. 0.00% 3,940 $221K Add +57.8%
DHX Dhi Group Inc. 0.00% 156,344 $217K Reduce -63.0%
ALGN Align Technology Inc. 0.00% 1,320 $210K Reduce -69.0%
DINO HF Sinclair Corp. 0.00% 6,355 $209K Reduce -56.2%
AVTR Avantor Inc. 0.00% 12,082 $196K Reduce -38.3%
RS Reliance Inc. 0.00% 672 $194K Add +0.8%
WMB Williams Cos Inc. 0.00% 3,190 $191K Add +0.8%
EQIX Equinix Inc. 0.00% 222 $181K Add +0.5%
TAC Transalta Corp. 0.00% 19,253 $180K Add +0.8%
CNI Canadian Natl Railway Co. 0.00% 1,765 $172K Add +0.9%
CP Canadian Pacific Kansas City 0.00% 2,446 $172K Add +0.9%
PHM Pultegroup Inc. 0.00% 1,614 $166K Reduce -43.1%
AWK American Water Works Co. Inc. 0.00% 1,089 $161K Reduce -8.8%
TRNO Terreno Realty Corp. 0.00% 2,029 $128K Add +0.9%
EGP Eastgroup Properties Inc. 0.00% 547 $96K Add +0.7%
IAU iShares Gold Trust 0.00% 968 $56K Reduce -74.8%
RH RH 0.00% 179 $42K No change
LIN Linde PLC 0.00% 53 $25K No change
CMLSQ Cumulus Media Inc. Class A 0.00% 21,927 $20K No change

Options reported separately and not counted above: HYG puts ($518.2M).

Other holdings (2): bonds, preferreds, convertibles and warrants · $55.1M (not counted above)
SecurityClassShares / PrincipalValueChange
BANK OF AMERICA CORP (BAC 7.25 PERP L) 7.25%CNV PFD L 24,541$30.3MNo change
WELLS FARGO & COMPANY (WFC 7.5 PERP L) PERP PFD CNV A 20,691$24.8MNo change

Total filed on the 13F, all lines: $47.4B.

Portfolio Sells Q4 2024 → Q1 2025

FLS Flowserve Corp. Reduce -48.5% 0.41% −0.59
SCHW Schwab (charles) Corp. Sold out 0.00% −0.53
AXP American Express Co. Reduce -10.5% 1.20% −0.37
GOOGL Alphabet Inc. Class A Reduce -0.1% 1.09% −0.33
CHRW C.H. Robinson Worldwide Inc. Reduce -0.1% 2.32% −0.17
XRAY Dentsply Sirona Inc. Reduce -0.4% 0.46% −0.16
ADI Analog Devices Inc. Reduce -0.1% 1.22% −0.15
ROST Ross Stores Inc. Reduce -1.1% 0.40% −0.11
DEI Douglas Emmett Inc. Reduce -0.1% 0.45% −0.10
NG Novagold Resources Inc. Reduce -30.0% 0.11% −0.08
OKE Oneok Inc. Reduce -2.3% 0.57% −0.06
SPY SS SPDR S&P 500 ETF Trust-US Sold out 0.00% −0.06
CL Colgate-Palmolive Co. Reduce 0.0% 1.73% −0.05
KHC The Kraft Heinz Co. Reduce -5.0% 0.31% −0.04
EXR Extra Space Storage Inc. Reduce -0.8% 0.51% −0.04
HEES H&E Equipment Services Inc. Sold out 0.00% −0.03
ASH Ashland Inc. Sold out 0.00% −0.03
SUM Summit Materials Inc. Class A Sold out 0.00% −0.02
EVR Evercore Inc. Class A Reduce -88.5% 0.00% −0.02
BIL SS SPDR BB 1-3M T-Bill ETF Reduce -32.7% 0.04% −0.02
SEE Sealed Air Corp. Sold out 0.00% −0.02
CW Curtiss-Wright Corp. Reduce -93.2% 0.00% −0.02
ARCH Arch Resources Inc. Sold out 0.00% −0.02
BARNES GROUP INC Sold out 0.00% −0.02
CHEF The Chefs' Warehouse Inc. Reduce -47.4% 0.02% −0.02
ASIX Advansix Inc. Reduce -51.5% 0.01% −0.02
CAKE The Cheesecake Factory Inc. Reduce -42.5% 0.02% −0.02
MKSI MKS Inc. Reduce -35.5% 0.01% −0.02
GO Grocery Outlet Holding Corp. Sold out 0.00% −0.02
IMXI International Money Express Reduce -22.4% 0.01% −0.02
SANM Sanmina Corp. Reduce -44.8% 0.02% −0.02
MTG Mgic Investment Corp. Reduce -39.3% 0.02% −0.02
ABCB Ameris Bancorp Reduce -32.9% 0.02% −0.02
RDN Radian Group Inc. Reduce -43.0% 0.02% −0.02
AHRT Ah Realty Trust Inc. Sold out 0.00% −0.02
AORT Artivion Inc. Reduce -26.8% 0.02% −0.02
CDNA Caredx Inc. Reduce -41.7% 0.01% −0.01
WERN Werner Enterprises Inc. Reduce -29.2% 0.02% −0.01
CMCO Columbus McKinnon Corp. Sold out 0.00% −0.01
AMKR Amkor Technology Inc. Reduce -20.1% 0.02% −0.01
NMIH Nmi Holdings Inc. Reduce -34.1% 0.02% −0.01
SGRY Surgery Partners Inc. Sold out 0.00% −0.01
DCOM Dime Commercial Bancshares I Reduce -30.4% 0.02% −0.01
AIR Aar Corp. Reduce -34.7% 0.02% −0.01
ATSG Air Transport Services Group Reduce -54.8% 0.01% −0.01
ORI Old Republic Intl Corp. Reduce -30.9% 0.03% −0.01
PWP Perella Weinberg Partners Reduce -19.6% 0.01% −0.01
HSTM Healthstream Inc. Reduce -23.6% 0.03% −0.01
SBCF Seacoast Banking Corp. Reduce -15.6% 0.03% −0.01
AOSL Alpha & Omega Semiconductor Reduce -2.8% 0.02% −0.01

Portfolio Buys Q4 2024 → Q1 2025

BDX Becton Dickinson and Co. Add +24.7% 2.67% +0.42
IFF Intl Flavors & Fragrances Add +37191.7% 0.40% +0.40
CSL Carlisle Cos Inc. New 0.39% +0.39
EXPD Expeditors Intl Wash Inc. Add +31.7% 1.36% +0.35
CHTR Charter Communications Inc. Class A Add +120.6% 0.60% +0.33
ELV Elevance Health Inc. Add +0.5% 2.98% +0.31
BIO Bio-Rad Laboratories-A Add +119.5% 0.81% +0.28
ABEV Ambev SA-ADR Add +0.6% 1.68% +0.27
HCA HCA Healthcare Inc. Add +0.4% 3.30% +0.27
NTR Nutrien Ltd. Add +22.2% 1.22% +0.26
DG Dollar General Corp. Add +15.2% 1.13% +0.23
PPG PPG Industries Inc. Add +43.5% 1.06% +0.20
MDT Medtronic PLC Add +0.2% 1.86% +0.11
XOM Exxon Mobil Corp. Add +0.3% 2.19% +0.09
SLB SLB Ltd. Add +0.3% 2.47% +0.07
FNF Fidelity National Financial Add +0.0% 0.84% +0.07
BRO Brown & Brown Inc. Add +0.4% 0.50% +0.07
BTG B2GOLD Corp. Add +54.1% 0.08% +0.03
DY Dycom Industries Inc. New 0.02% +0.02
MUR Murphy Oil Corp. New 0.02% +0.02
LYG Lloyds Banking Group PLC-ADR Add +10.8% 0.05% +0.02
WBS Webster Financial Corp. Add +1934.1% 0.01% +0.01
KOF Coca-Cola Femsa Sab-SP ADR Add +10.5% 0.07% +0.01
BCC Boise Cascade Co. New 0.01% +0.01
BTI British American Tob-SP ADR Add +4.4% 0.09% +0.01
SNY Sanofi-ADR Add +16.2% 0.04% +0.01
HLN Haleon PLC-ADR Add +18.3% 0.05% +0.01
TMCI Treace Medical Concepts Inc. New 0.01% +0.01
CXM Sprinklr Inc. Class A Add +915.7% 0.01% +0.01
MTRX Matrix Service Co. New 0.01% +0.01
CNR Core Natural Resources Inc. New 0.01% +0.01
LAKE Lakeland Industries Inc. Add +879.6% 0.01% +0.01
SHEL Shell PLC-ADR Add +1.5% 0.08% +0.01
BKD Brookdale Senior Living Inc. Add +21.1% 0.03% +0.01
MOS The Mosaic Co. New 0.01% +0.01
BKLN Invesco Senior Loan ETF Add +75.2% 0.02% +0.01
THRY Thryv Holdings Inc. New 0.01% +0.01
SRLN SS Blackstone Sr Loan ETF Add +70.9% 0.02% +0.01
TITN Titan Machinery Inc. Add +19.5% 0.03% +0.01
UL Unilever PLC Add +10.8% 0.08% +0.01
PTLO Portillo's Inc. Class A Add +80.3% 0.01% +0.01
BRK.B Berkshire Hathaway Inc. Class B Add +39.9% 0.02% +0.01
ITUB Itau Unibanco H-Spon PRF ADR Add +29.8% 0.02% +0.01
TWI Titan International Inc. Add +183.3% 0.01% +0.01
UMH Umh Properties Inc. Add +49.1% 0.02% +0.01
OTIS Otis Worldwide Corp. Add +46.4% 0.02% +0.01
PRGO Perrigo Co. PLC Add +165.5% 0.01% +0.01
HLIT Harmonic Inc. New 0.01% +0.01
ALTISOURCE PORTFOLIO SOLNS S New 0.01% +0.01
AVNW Aviat Networks Inc. Add +62.4% 0.01% +0.01

Options Activity Q4 2024 → Q1 2025

HYG Ishr Ibx Usd Hiyld CB ETF-Ui put New 6,500,000 $518.2M
QQQ Invesco QQQ Trust Series 1 put Sold out 300,000 $153.4Mbefore exit

Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026Amended 420$60.7BGOOG, BDX, META, TSM, FMX
Q1 2026Amended 416$58.9BGOOG, BDX, WPM, IMO, META
Q4 2025 418$56.8BGOOG, BDX, META, WPM, TSM
Q3 2025 400$54.9BORCL, META, WPM, TSM, BDX
Q2 2025 389$49.9BMETA, ORCL, IMO, WPM, HCA
Q1 2025 408$47.4BMETA, ORCL, HCA, IMO, WTW
Q4 2024 420$44.6BMETA, ORCL, WTW, HCA, IMO
Q3 2024 391$48.5BORCL, META, HCA, XOM, IMO
Q2 2024 395$44.1BORCL, META, XOM, IMO, HCA
Q1 2024 401$44.0BORCL, META, IMO, XOM, HCA