First Eagle Investment Management, LLC

In its 13F for Q1 2026 (holdings as of March 31, 2026, filed May 14, 2026), First Eagle Investment Management, LLC reported 416 stock positions worth $58.9 billion. Its top holding was Alphabet Class C (GOOG) at 3.6% of the portfolio, followed by Becton Dickinson and (BDX, 3.2%) and Wheaton Precious Metals (WPM, 3.1%). Compared with Q4 2025, it opened 36 new positions, sold out of 39, added to 231 and reduced 125. The biggest buy was a new position in Automatic Data Processing (ADP) and the biggest sale Barrick Mining (B, shares −36%).

Most Recent 13F
Q2 2026
Location
NEW YORK, NY
CIK
0001325447
Portfolio Value
$58.9B (Q1 2026)
SEC Filing
0001325447-26-000018 ↗ filed May 14, 2026

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 Q1 2025 Q2 2025: $49.9B Q2 2025 Q3 2025: $54.9B Q3 2025 Q4 2025: $56.8B Q4 2025 Q1 2026: $58.9B $58.9B Q1 2026 Q2 2026: $60.7B Q2 2026

Holdings 416 stocks · $58.9B

GOOG Alphabet Inc. Class C 3.61% 7,404,648 $2.1B Add +0.5%
BDX Becton Dickinson and Co. 3.18% 11,928,111 $1.9B Add +2.4%
WPM Wheaton Precious Metals Corp. 3.15% 14,156,511 $1.9B Reduce -8.0%
IMO Imperial Oil Ltd. 3.11% 13,972,305 $1.8B Reduce -24.9%
META Meta Platforms Inc. Class A 3.10% 3,193,098 $1.8B Add +1.4%
HCA HCA Healthcare Inc. 2.61% 3,254,570 $1.5B Reduce -10.7%
SLB SLB Ltd. filed as SLB LIMITED 2.48% 28,376,167 $1.5B Add +2.4%
FMX Fomento Economico Mex-SP ADR 2.43% 12,902,253 $1.4B Add +3.2%
TSM Taiwan Semiconductor-SP ADR 2.24% 3,902,137 $1.3B Reduce -34.3%
FNV Franco-Nevada Corp. 2.22% 5,274,537 $1.3B Add +3.0%
NEM Newmont Corp. 2.21% 12,022,368 $1.3B Reduce -12.4%
WTW Willis Towers Watson PLC 2.14% 4,339,361 $1.3B Add +2.1%
ORCL Oracle Corp. 2.11% 8,435,178 $1.2B Add +1.8%
ELV Elevance Health Inc. 2.05% 4,132,291 $1.2B Add +2.7%
BNY Bank of New York Mellon Corp. filed as BANK NEW YORK MELLON CORP 1.99% 9,868,077 $1.2B Add +1.3%
CRM Salesforce Inc. 1.94% 6,132,564 $1.1B Add +42.0%
WY Weyerhaeuser Co. 1.92% 46,293,464 $1.1B Add +23.1%
CMCSA Comcast Corp. Class A 1.84% 37,780,637 $1.1B Add +4.5%
XOM Exxon Mobil Corp. 1.80% 6,237,614 $1.1B Reduce -19.6%
GLD SPDR Gold Shares 1.79% 2,455,741 $1.1B Reduce -0.8%
OKE Oneok Inc. 1.79% 11,679,175 $1.1B Add +2.8%
AEM Agnico Eagle Mines Ltd. 1.79% 5,193,057 $1.1B Add +0.0%
ABEV Ambev SA-ADR 1.72% 346,984,557 $1.0B Add +3.3%
WDAY Workday Inc. Class A 1.68% 7,608,713 $988.5M Add +75.4%
PM Philip Morris International 1.65% 5,892,458 $974.3M Add +1.4%
CHRW C.H. Robinson Worldwide Inc. 1.62% 5,729,983 $951.6M Reduce -36.9%
MDT Medtronic PLC 1.48% 10,044,695 $870.4M Add +2.8%
EXPD Expeditors Intl Wash Inc. 1.45% 5,945,185 $851.5M Reduce -5.8%
B Barrick Mining Corp. 1.42% 20,571,232 $839.1M Reduce -35.9%
UHS Universal Health Services-B 1.34% 4,424,281 $791.8M Add +2.6%
CHTR Charter Communications Inc. Class A 1.31% 3,580,160 $772.9M Add +20.6%
NTR Nutrien Ltd. 1.28% 9,988,867 $753.8M Reduce -24.9%
BIO Bio-Rad Laboratories-A 1.23% 2,602,772 $725.5M Add +1.3%
TXN Texas Instruments Inc. 1.21% 3,674,253 $713.3M Add +0.7%
CL Colgate-Palmolive Co. 1.17% 8,116,782 $691.8M Add +2.5%
PPG PPG Industries Inc. 1.17% 6,435,076 $687.8M Add +2.3%
NOV Nov Inc. 1.16% 36,408,359 $684.8M Reduce -3.2%
IFF Intl Flavors & Fragrances filed as INTERNATIONAL FLAVORS&FRAGRA 1.15% 9,314,670 $675.8M Add +5.5%
NE Noble Corp. PLC 1.13% 13,561,846 $665.5M Add +11.2%
ADP Automatic Data Processing 0.98% 2,849,784 $579.0M New
BRO Brown & Brown Inc. 0.98% 8,823,162 $575.4M New
VMRK Vivmark Residential filed as EQUITY RESIDENTIAL 0.95% 9,469,693 $560.1M Add +2.5%
OMC Omnicom Group 0.93% 7,303,113 $550.0M Add +15.0%
DG Dollar General Corp. 0.90% 4,455,622 $529.0M Add +0.8%
IPGP Ipg Photonics Corp. 0.89% 4,593,349 $526.4M Add +2.4%
DIS The Walt Disney Co. filed as DISNEY WALT CO 0.86% 5,254,083 $506.4M Add +52.6%
EXR Extra Space Storage Inc. 0.85% 3,838,691 $503.4M Add +50.4%
AXP American Express Co. 0.85% 1,662,628 $502.9M Add +1.4%
MSFT Microsoft Corp. 0.83% 1,325,098 $490.5M Add +137.6%
BXP BXP Inc. 0.82% 9,344,461 $485.0M Add +174.0%
WAT Waters Corp. 0.80% 1,575,187 $469.1M New
USB US Bancorp 0.80% 9,018,084 $469.0M Add +2.3%
FISV Fiserv Inc. 0.71% 7,495,234 $418.2M New
CMI Cummins Inc. 0.70% 767,231 $412.8M Add +1.6%
FNF Fidelity National Financial 0.70% 8,880,108 $411.9M Add +45.5%
BRK.A Berkshire Hathaway Inc. Class A 0.69% 565 $405.7M Add +2.2%
GOOGL Alphabet Inc. Class A 0.58% 1,198,237 $344.6M Reduce -30.7%
MICC The Magnum Ice Cream Co. NV 0.57% 22,709,344 $333.7M Add +39.2%
CFR Cullen/Frost Bankers Inc. 0.53% 2,265,874 $310.6M New
DE Deere & Co. 0.51% 533,025 $300.3M Add +2.1%
AGI Alamos Gold Inc. Class A 0.47% 6,169,791 $274.5M Reduce -0.1%
CSL Carlisle Cos Inc. 0.45% 793,165 $264.6M Add +22.8%
RGLD Royal Gold Inc. 0.40% 917,616 $233.5M Reduce -0.9%
KGC Kinross Gold Corp. 0.37% 7,140,993 $217.9M Reduce -22.6%
CCU Cia Cervecerias Uni-Spon ADR filed as COMPANIA CERVECERIAS UNIDAS 0.31% 16,120,458 $183.0M Add +1.3%
XRAY Dentsply Sirona Inc. 0.30% 15,127,933 $175.5M Add +3.3%
GFI Gold Fields Ltd.-Spons ADR 0.27% 3,535,804 $160.5M Reduce -0.1%
FERG Ferguson Enterprises Inc. 0.25% 633,309 $147.7M Add +0.6%
AU Anglogold Ashanti PLC 0.25% 1,490,679 $145.1M Reduce -0.1%
PAAS Pan American Silver Corp. 0.22% 2,417,389 $132.3M Reduce -30.7%
DEI Douglas Emmett Inc. 0.22% 13,958,053 $131.5M Add +11.2%
BIL SS SPDR BB 1-3M T-Bill ETF 0.21% 1,363,410 $124.9M Add +91.4%
SHEL Shell PLC-ADR 0.17% 1,057,021 $98.3M Add +21.0%
BTI British American Tob-SP ADR 0.17% 1,668,522 $97.6M Add +18.5%
NG Novagold Resources Inc. 0.14% 9,172,929 $82.4M Reduce -0.1%
ORLA Orla Mining Ltd. filed as ORLA MNG LTD NEW 0.13% 4,767,826 $76.7M Reduce -0.0%
EPD Enterprise Products Partners 0.12% 1,941,481 $73.5M Add +1.4%
VSNT Versant Media Group Inc. 0.10% 1,597,299 $59.1M Add +10.4%
UL Unilever PLC-Sponsored ADR 0.08% 805,940 $45.9M Add +19.0%
BTG B2GOLD Corp. 0.07% 9,702,684 $44.1M Reduce -0.1%
HLN Haleon PLC-ADR 0.07% 4,032,643 $40.4M Add +20.9%
KOF Coca-Cola Femsa Sab-SP ADR 0.07% 392,739 $38.3M Add +5.7%
LYG Lloyds Banking Group PLC-ADR 0.06% 7,404,153 $37.2M Add +6.2%
LINC Lincoln Educational Services 0.05% 685,230 $27.9M Reduce -12.0%
ITUB Itau Unibanco H-Spon PRF ADR 0.05% 3,312,310 $27.8M Add +18.6%
BRK.B Berkshire Hathaway Inc. Class B 0.05% 57,603 $27.6M Add +11.0%
UCTT Ultra Clean Holdings Inc. 0.05% 434,100 $27.0M Add +5.7%
RELX Relx PLC - Spon ADR 0.05% 802,136 $26.6M New
AEIS Advanced Energy Industries 0.04% 81,818 $26.4M Reduce -16.9%
BKD Brookdale Senior Living Inc. 0.04% 1,865,584 $25.5M Reduce -4.6%
CAE Cae Inc. 0.04% 935,036 $24.4M No change
OIS Oil States International Inc. filed as OIL STS INTL INC 0.04% 2,043,709 $23.8M Reduce -20.8%
TEL Te Connectivity PLC 0.04% 105,800 $22.1M Reduce -5.0%
TTMI TTM Technologies 0.04% 224,471 $21.9M Reduce -15.0%
ABCB Ameris Bancorp 0.03% 247,471 $19.3M Add +21.5%
VSH Vishay Intertechnology Inc. 0.03% 1,063,572 $19.1M Add +4.0%
SIMO Silicon Motion Technol-ADR 0.03% 168,439 $18.9M Add +9.7%
MAMA Mama's Creations Inc. 0.03% 1,223,470 $18.8M Reduce -4.2%
DCO Ducommun Inc. 0.03% 153,776 $18.8M Reduce -15.2%
VIAV Viavi Solutions Inc. 0.03% 559,800 $18.6M Reduce -22.7%
ACN Accenture PLC Class A 0.03% 90,244 $17.9M Add +3426.5%
STNG Scorpio Tankers Inc. 0.03% 235,068 $17.6M Add +9.8%
CMC Commercial Metals Co. 0.03% 285,546 $17.5M Add +4.8%
NPO Enpro Inc. 0.03% 69,855 $17.5M Add +8.6%
FORM Formfactor Inc. 0.03% 179,848 $17.4M Reduce -33.2%
ADTN Adtran Holdings Inc. 0.03% 1,368,707 $17.2M Add +10.8%
SPB Spectrum Brands Holdings Inc. 0.03% 232,272 $17.1M Add +12.3%
UTI Universal Technical Institut 0.03% 472,135 $17.0M Add +5.6%
GHM Graham Corp. 0.03% 215,513 $17.0M Reduce -23.1%
IBP Installed Building Products 0.03% 63,843 $16.9M Add +4.7%
LPX Louisiana-Pacific Corp. 0.03% 231,910 $16.9M Add +18.5%
HD Home Depot Inc. 0.03% 50,835 $16.7M Add +4.4%
BHE Benchmark Electronics Inc. 0.03% 296,569 $16.6M Add +18.4%
LXU LSB Industries Inc. 0.03% 1,085,000 $16.2M Reduce -17.2%
ONB Old National Bancorp 0.03% 696,784 $15.4M Add +13.9%
THR Thermon Group Holdings Inc. 0.03% 305,373 $15.4M Reduce -23.8%
SBCF Seacoast Banking Corp. 0.03% 505,065 $15.3M Add +20.9%
LNC Lincoln National Corp. 0.03% 428,310 $15.2M Add +4.5%
OTIS Otis Worldwide Corp. 0.03% 196,033 $15.1M Add +20.5%
NVGS Navigator Holdings Ltd. 0.03% 780,619 $15.1M Add +12.2%
GLNG Golar LNG Ltd. 0.03% 277,472 $15.0M Reduce -5.5%
MTRN Materion Corp. 0.03% 101,950 $14.7M Add +75.8%
CCS Century Communities Inc. 0.03% 256,716 $14.7M Add +6.5%
COHU Cohu Inc. 0.02% 474,068 $14.5M Add +91.4%
CECO Ceco Environmental Corp. 0.02% 242,511 $14.4M Reduce -33.9%
OUT Outfront Media Inc. 0.02% 542,535 $14.4M Reduce -27.5%
AMRC Ameresco Inc. Class A 0.02% 555,334 $14.2M Reduce -3.4%
ROG Rogers Corp. 0.02% 131,818 $14.1M Add +11.4%
FUL H.B. Fuller Co. filed as FULLER H B CO 0.02% 228,587 $14.1M New
ASTE Astec Industries Inc. 0.02% 260,250 $14.0M Reduce -7.8%
AX Axos Financial Inc. 0.02% 164,612 $14.0M Add +15.7%
WCC Wesco International Inc. 0.02% 51,158 $14.0M Reduce -10.6%
TMHC Taylor Morrison Home Corp. 0.02% 240,154 $14.0M Add +3.5%
PLXS Plexus Corp. 0.02% 67,541 $13.7M New
LPG Dorian LPG Ltd. 0.02% 394,925 $13.5M Add +2.4%
ACA Arcosa Inc. 0.02% 126,636 $13.4M Add +0.9%
TITN Titan Machinery Inc. 0.02% 801,199 $13.4M Add +7.0%
TRN Trinity Industries Inc. 0.02% 415,619 $13.4M Add +4.9%
BZH Beazer Homes USA Inc. 0.02% 694,671 $13.4M Reduce -1.0%
KALU Kaiser Aluminum Corp. 0.02% 110,761 $13.3M Reduce -24.6%
VECO Veeco Instruments Inc. 0.02% 391,381 $13.3M Reduce -16.6%
PNTG The Pennant Group Inc. 0.02% 431,000 $13.1M Reduce -3.8%
RELY Remitly Global Inc. 0.02% 831,454 $13.0M Add +29.6%
HNGE Hinge Health Inc. Class A 0.02% 336,942 $13.0M Add +52.0%
BCC Boise Cascade Co. 0.02% 170,308 $12.9M Add +21.2%
ATRO Astronics Corp. 0.02% 192,326 $12.8M Reduce -16.5%
IIIN Insteel Industries Inc. 0.02% 380,954 $12.8M Reduce -2.3%
FIP Ftai Infrastructure Inc. 0.02% 2,525,562 $12.5M Add +5.9%
EXP Eagle Materials Inc. 0.02% 65,533 $12.4M Add +27.7%
WSR Whitestone REIT 0.02% 742,115 $12.0M Add +4.1%
VLY Valley National Bancorp 0.02% 971,500 $11.9M Add +10.0%
DEO Diageo PLC-Sponsored ADR 0.02% 159,194 $11.9M Add +28.0%
BDC Belden Inc. 0.02% 102,566 $11.8M Add +28.1%
AXGN Axogen Inc. 0.02% 354,590 $11.7M Reduce -13.0%
KWR Quaker Chemical Corporation 0.02% 94,538 $11.7M New
FLOC Flowco Holdings Inc. Class A 0.02% 568,865 $11.7M Add +65.2%
PKOH Park-Ohio Holdings Corp. 0.02% 481,247 $11.6M Add +10.5%
KRE SS SPDR S&P Regional Bank 0.02% 176,119 $11.5M Add +10.7%
TRS Trimas Corp. 0.02% 318,006 $11.4M Add +7.9%
AORT Artivion Inc. 0.02% 311,601 $11.4M Add +1.5%
ABM Abm Industries Inc. 0.02% 292,975 $11.3M Add +62.6%
TRNS Transcat Inc. 0.02% 153,047 $11.2M Add +19.6%
PWP Perella Weinberg Partners 0.02% 615,057 $11.2M Add +5.3%
SPY SS SPDR S&P 500 ETF Trust-US 0.02% 17,000 $11.1M New
UNH Unitedhealth Group Inc. 0.02% 40,804 $11.0M Add +4.4%
UMH Umh Properties Inc. filed as UMH PPTYS INC 0.02% 764,919 $11.0M Add +6.8%
LAD Lithia Motors Inc. 0.02% 43,700 $10.9M New
NGS Natural Gas Services Group 0.02% 287,188 $10.8M Reduce -2.7%
AIN Albany Intl Corp. Class A 0.02% 204,829 $10.7M Add +55.4%
ORI Old Republic Intl Corp. 0.02% 267,614 $10.7M Reduce -4.7%
DY Dycom Industries Inc. 0.02% 31,392 $10.6M Reduce -16.9%
HLIT Harmonic Inc. 0.02% 1,180,876 $10.6M Add +39.0%
CBT Cabot Corp. 0.02% 136,650 $10.3M New
NMIH Nmi Holdings Inc. filed as NMI HLDGS INC 0.02% 273,557 $10.3M Add +0.1%
LFST Lifestance Health Group Inc. 0.02% 1,610,466 $10.3M Add +7.6%
HUN Huntsman Corp. 0.02% 770,135 $10.3M New
SKY Champion Homes Inc. 0.02% 136,171 $10.1M Add +10.9%
CDE Coeur Mining Inc. 0.02% 535,930 $10.1M Reduce -56.5%
CDNA Caredx Inc. 0.02% 575,365 $10.0M Add +5.2%
CHEF The Chefs' Warehouse Inc. 0.02% 167,472 $10.0M Add +2.8%
HRI Herc Holdings Inc. filed as HERC HLDGS INC 0.02% 99,033 $9.9M New
MTW Manitowoc Company Inc. 0.02% 846,185 $9.9M Add +2.1%
MTRX Matrix Service Co. 0.02% 850,809 $9.8M Add +32.9%
ASYS Amtech Systems Inc. 0.02% 832,453 $9.7M Add +13.4%
CENX Century Aluminum Company 0.02% 163,087 $9.6M Reduce -45.9%
MATV Mativ Holdings Inc. 0.02% 1,098,792 $9.6M Add +4.3%
DORM Dorman Products Inc. 0.02% 91,342 $9.5M Add +24.5%
SONO Sonos Inc. 0.02% 709,004 $9.5M Add +187.7%
SRTA Strata Critical Medical Inc. 0.02% 2,266,243 $9.5M Add +6.4%
ACLS Axcelis Technologies Inc. 0.02% 100,551 $9.4M Reduce -26.2%
FLYW Flywire Corp.-Voting 0.02% 800,837 $9.3M Add +86.1%
OGS One Gas Inc. 0.02% 107,264 $9.2M Add +3.1%
TKR Timken Co. 0.02% 91,847 $9.2M Add +5.3%
AXS Axis Capital Holdings Ltd. 0.02% 90,749 $9.2M Add +14.5%
DCOM Dime Commercial Bancshares I filed as DIME CMNTY BANCSHARES INC 0.02% 269,160 $9.1M Add +2.8%
HZO Marinemax Inc. 0.02% 336,052 $9.1M Add +21.6%
HL Hecla Mining Co. 0.02% 487,500 $9.1M Reduce -60.9%
UTZ Utz Brands Inc. 0.02% 1,129,750 $8.9M Add +27.5%
BKH Black Hills Corp. 0.02% 128,770 $8.9M Add +1.7%
FVR Frontview REIT Inc. 0.02% 577,126 $8.9M Add +44.6%
HSTM Healthstream Inc. 0.01% 425,698 $8.8M Add +2.9%
ONTO Onto Innovation Inc. 0.01% 42,983 $8.8M Add +543.9%
HCSG Healthcare Services Group 0.01% 474,535 $8.8M Reduce -15.4%
SLP Simulations Plus Inc. 0.01% 742,069 $8.8M Add +62.3%
SMBK Smartfinancial Inc. 0.01% 224,039 $8.8M Add +47.2%
NX Quanex Building Products 0.01% 483,744 $8.7M Add +0.8%
PXED Phoenix Education Partners I 0.01% 275,810 $8.7M Add +53.1%
GSM Ferroglobe PLC 0.01% 2,083,272 $8.6M Add +1.0%
CON Concentra Group Holdings Par 0.01% 399,826 $8.6M Add +4.3%
IIIV I3 Verticals Inc. Class A 0.01% 382,137 $8.5M New
MUR Murphy Oil Corp. 0.01% 206,000 $8.5M Reduce -23.4%
CENTA Central Garden and Pet Co. Class A 0.01% 260,438 $8.4M Add +49.3%
DGII Digi International Inc. 0.01% 173,709 $8.4M Add +2.5%
FOR Forestar Group Inc. 0.01% 339,898 $8.3M Reduce -31.4%
FLS Flowserve Corp. 0.01% 111,759 $8.2M Add +36.2%
CAKE The Cheesecake Factory Inc. 0.01% 147,591 $8.1M Add +12.2%
SIBN Si-Bone Inc. 0.01% 638,941 $8.1M Add +18.9%
JBTM JBT Marel Corp. 0.01% 63,000 $8.1M Reduce -1.0%
LOCO El Pollo Loco Holdings Inc. 0.01% 575,293 $8.0M Add +5.0%
TALO Talos Energy Inc. 0.01% 503,900 $7.9M New
FN Fabrinet 0.01% 15,198 $7.9M Reduce -47.0%
STC Stewart Information Services 0.01% 125,618 $7.7M Add +3.1%
SMHI Seacor Marine Holdings Inc. 0.01% 1,070,489 $7.7M Reduce -3.7%
ETD Ethan Allen Interiors Inc. 0.01% 342,731 $7.6M Add +26.7%
ATEC Alphatec Holdings Inc. 0.01% 696,637 $7.6M Add +3.0%
VITL Vital Farms Inc. 0.01% 531,960 $7.5M Add +61.1%
ATRC Atricure Inc. 0.01% 262,143 $7.5M Add +124.8%
PUMP Propetro Holding Corp. 0.01% 517,833 $7.5M Add +6.3%
MEC Mayville Engineering Co. Inc. 0.01% 404,075 $7.3M Add +12.8%
PEP Pepsico Inc. 0.01% 46,457 $7.2M Add +4.4%
MRVI Maravai Lifesciences Hldgs-A 0.01% 2,524,336 $7.1M Add +40.3%
JBI Janus International Group Inc. 0.01% 1,383,795 $7.1M Add +0.7%
AMBQ Ambiq Micro Inc. 0.01% 279,073 $7.1M Add +47.1%
RRBI Red River Bancshares Inc. 0.01% 77,988 $7.1M Add +57.9%
AIR Aar Corp. 0.01% 63,992 $7.0M Add +3.9%
CVLG Covenant Logistics Group Inc. 0.01% 248,154 $6.7M New
REPX Riley Exploration Permian Inc. 0.01% 184,148 $6.7M Reduce -6.6%
NVST Envista Holdings Corp. 0.01% 264,500 $6.7M Add +12.6%
SKT Tanger Inc. 0.01% 197,425 $6.7M Add +9.8%
INFU Infusystem Holdings Inc. 0.01% 721,371 $6.7M Reduce -4.0%
AVNW Aviat Networks Inc. 0.01% 291,156 $6.6M Reduce -20.9%
GXO Gxo Logistics Inc. 0.01% 126,602 $6.6M Reduce -0.9%
OSIS Osi Systems Inc. 0.01% 24,662 $6.5M Reduce -7.2%
IPI Intrepid Potash Inc. 0.01% 151,251 $6.5M Reduce -39.3%
JOUT Johnson Outdoors Inc. Class A 0.01% 138,888 $6.5M No change
NTCT Netscout Systems Inc. 0.01% 200,002 $6.4M Reduce -5.4%
OLN Olin Corp. 0.01% 213,752 $6.4M New
INSG Inseego Corp. 0.01% 570,849 $6.3M Add +31.0%
NTGR Netgear Inc. 0.01% 288,945 $6.3M Add +54.7%
COLB Columbia Banking System Inc. 0.01% 229,000 $6.3M Add +67.8%
CYRX Cryoport Inc. 0.01% 744,849 $6.2M Add +138.7%
TTAM Titan America SA 0.01% 408,072 $6.1M Add +6.3%
DV Doubleverify Holdings Inc. 0.01% 635,000 $6.0M No change
RDN Radian Group Inc. 0.01% 179,801 $5.9M Reduce -29.7%
IDA Idacorp Inc. 0.01% 41,573 $5.9M Reduce -54.5%
INTT Intest Corp. 0.01% 424,102 $5.8M Add +13.8%
EYE National Vision Holdings Inc. 0.01% 221,552 $5.7M Reduce -50.9%
AVBH Avidbank Holdings Inc. 0.01% 197,340 $5.6M Add +28.6%
METCB Ramaco Resources Inc. Class B 0.01% 545,183 $5.6M Add +16.7%
CCRN Cross Country Healthcare Inc. 0.01% 589,713 $5.5M New
MGNI Magnite Inc. 0.01% 450,288 $5.3M Add +51.9%
LYTS Lsi Industries Inc. 0.01% 285,422 $5.3M Add +0.7%
EXTR Extreme Networks Inc. 0.01% 349,540 $5.3M New
RDNT Radnet Inc. 0.01% 94,136 $5.3M Add +1.1%
HOS Hornbeck Offshore Services I filed as HELIX ENERGY SOLUTIONS GRP I 0.01% 526,358 $5.2M Reduce -6.0%
CTOS Custom Truck One Source Inc. 0.01% 765,822 $5.0M Reduce -1.6%
ONEW Onewater Marine Inc. Class A 0.01% 525,668 $5.0M Add +70.4%
AVAH Aveanna Healthcare Holdings 0.01% 766,667 $4.9M Reduce -1.9%
SDHC Smith Douglas Homes Corp. 0.01% 384,774 $4.9M Add +1.6%
MASS 908 Devices Inc. 0.01% 803,606 $4.9M Add +28.8%
VMD Viemed Healthcare Inc. 0.01% 529,657 $4.9M Add +2.2%
CMCO Columbus McKinnon Corp. 0.01% 334,581 $4.9M Add +134.1%
HOFT Hooker Furnishings Corp. 0.01% 367,097 $4.7M Add +2.2%
BBCP Concrete Pumping Holdings Inc. 0.01% 656,001 $4.7M Add +21.6%
TWI Titan International Inc. 0.01% 670,639 $4.6M Add +9.1%
QTRX Quanterix Corp. 0.01% 1,300,087 $4.6M Add +144.6%
KMPR Kemper Corp. 0.01% 149,203 $4.6M Add +86.0%
QXO Qxo Inc. 0.01% 223,184 $4.3M Reduce -2.0%
MC Moelis & Co. Class A 0.01% 75,101 $4.3M Reduce -5.3%
DNOW Dnow Inc. 0.01% 353,758 $4.2M Add +52.1%
QNST Quinstreet Inc. 0.01% 349,874 $4.2M Add +40.0%
MG Mistras Group Inc. 0.01% 281,532 $4.2M Add +264.6%
POWW Outdoor Holding Co. 0.01% 2,043,870 $4.1M Add +7.5%
NPKI NPK International Inc. 0.01% 273,821 $4.0M Add +3.2%
ALTG Alta Equipment Group Inc. 0.01% 730,437 $3.9M Reduce -4.5%
STRW Strawberry Fields REIT Inc. 0.01% 329,589 $3.9M Add +1.2%
ALGT Allegiant Travel Co. 0.01% 47,943 $3.9M Add +5.7%
BRZE Braze Inc. Class A 0.01% 158,500 $3.7M New
LXFR Luxfer Holdings PLC 0.01% 299,430 $3.6M Reduce -33.9%
RLGT Radiant Logistics Inc. 0.01% 516,507 $3.6M Add +3.0%
EVER Everquote Inc. Class A 0.01% 231,957 $3.6M Reduce -7.9%
ROST Ross Stores Inc. 0.01% 16,209 $3.5M Reduce -98.9%
VSEC Vse Corp. 0.01% 18,922 $3.5M Reduce -7.8%
TALK Talkspace Inc. 0.01% 665,884 $3.4M Reduce -69.8%
PGNY Progyny Inc. 0.01% 196,612 $3.3M Reduce -7.5%
DSX Diana Shipping Inc. 0.01% 1,264,601 $3.2M Add +171.0%
VPG Vishay Precision Group 0.01% 72,500 $3.1M Reduce -70.0%
ANGO Angiodynamics Inc. 0.01% 275,735 $3.1M Add +3.0%
TILE Interface Inc. 0.01% 124,543 $3.1M Reduce -5.7%
MTN Vail Resorts Inc. 0.01% 23,769 $3.1M No change
AEBI Aebi Schmidt Holding AG 0.01% 311,189 $3.0M Add +1.6%
CIA Citizens Inc. 0.01% 582,750 $2.9M Reduce -0.8%
GEOS Geospace Technologies Corp. 0.01% 240,000 $2.9M Reduce -44.2%
WRBY Warby Parker Inc. Class A 0.00% 135,090 $2.8M Reduce -61.7%
PACK Ranpak Holdings Corp. 0.00% 788,839 $2.8M Add +102.3%
ASPS Altisource Portfolio Sol 0.00% 435,686 $2.8M No change
DOUG Douglas Elliman Inc. 0.00% 1,630,871 $2.7M Add +0.9%
KODK Eastman Kodak Co. 0.00% 292,500 $2.6M Reduce -49.2%
ACCO Acco Brands Corp. 0.00% 831,369 $2.5M Reduce -3.6%
BBNX Beta Bionics Inc. 0.00% 242,000 $2.4M Reduce -4.6%
RES RPC Inc. 0.00% 337,149 $2.4M Add +3.1%
NATR Natures Sunshine Prods Inc. 0.00% 98,800 $2.4M No change
STVN Stevanato Group SPA 0.00% 157,500 $2.2M New
SDRL Seadrill Limited 0.00% 47,000 $2.1M Reduce -2.3%
TNC Tennant Co. 0.00% 32,056 $2.1M New
PROF Profound Medical Corp. 0.00% 322,707 $2.1M Add +3.2%
AIRG Airgain Inc. 0.00% 372,903 $2.1M Reduce -17.3%
ASIX Advansix Inc. 0.00% 82,460 $2.0M Reduce -52.9%
ESI Element Solutions Inc. 0.00% 56,500 $1.9M New
KVHI KVH Industries Inc. 0.00% 210,826 $1.9M No change
GTES Gates Industrial Corp. UK Ltd. 0.00% 83,500 $1.9M New
HLLY Holley Inc. 0.00% 480,797 $1.5M Add +1.1%
SBUX Starbucks Corp. 0.00% 16,376 $1.5M Reduce -36.1%
FOSL Fossil Group Inc. 0.00% 340,000 $1.5M Reduce -31.3%
XRX Xerox Holdings Corp. 0.00% 1,099,635 $1.4M Reduce -49.6%
CLAR Clarus Corp. 0.00% 508,500 $1.4M Reduce -39.7%
NCMI National Cinemedia Inc. 0.00% 435,618 $1.3M Reduce -65.3%
FLEX Flex Ltd. filed as FLEXTRONICS INTL LTD 0.00% 20,172 $1.3M Add +3.4%
ARLO Arlo Technologies Inc. 0.00% 92,500 $1.3M New
CAH Cardinal Health Inc. 0.00% 5,800 $1.2M Reduce -17.5%
NVT Nvent Electric PLC 0.00% 10,337 $1.2M Reduce -1.9%
ENTG Entegris Inc. 0.00% 10,043 $1.2M Reduce -4.7%
EVR Evercore Inc. Class A 0.00% 3,903 $1.2M Reduce -4.8%
LFUS Littelfuse Inc. 0.00% 3,350 $1.1M New
CLH Clean Harbors Inc. 0.00% 3,816 $1.1M No change
PR Permian Resources Corp. Class A 0.00% 51,142 $1.1M Add +39.6%
EXE Expand Energy Corp. 0.00% 9,816 $1.1M Add +7.8%
COHR Coherent Corp. 0.00% 4,517 $1.1M Reduce -27.4%
DINO HF Sinclair Corp. 0.00% 16,691 $1.0M Add +263.6%
FTAI Ftai Aviation Ltd. 0.00% 4,219 $1.0M Add +67.5%
THC Tenet Healthcare Corp. 0.00% 5,418 $1.0M Reduce -15.8%
PWR Quanta Services Inc. 0.00% 1,850 $1.0M Reduce -16.6%
RRX Regal Rexnord Corp. 0.00% 5,418 $1.0M Add +20738.5%
CIEN Ciena Corp. 0.00% 2,600 $1.0M Reduce -93.6%
FEMD First Eagle Mid C Ety ETF 0.00% 30,001 $1.0M New
USFE First Eagle US Equity ETF 0.00% 30,000 $996K New
UEIC Universal Electronics Inc. 0.00% 241,060 $993K Add +0.4%
JBHT Hunt (jb) Transprt SVCS Inc. 0.00% 4,532 $960K New
CW Curtiss-Wright Corp. 0.00% 1,401 $954K Reduce -15.4%
RKT Rocket Cos Inc. Class A 0.00% 64,764 $923K Add +4.9%
AOSL Alpha & Omega Semiconductor 0.00% 40,000 $886K New
GNRC Generac Holdings Inc. 0.00% 4,500 $879K No change
SN Sharkninja Inc. 0.00% 8,034 $851K No change
CIGI Colliers Intl GR-Subord Vot 0.00% 7,889 $843K Add +26.6%
WLK Westlake Corp. 0.00% 7,118 $832K Add +13330.2%
RHP Ryman Hospitality Properties 0.00% 8,992 $830K Add +41.8%
DAL Delta Air Lines Inc. 0.00% 12,046 $801K Reduce -5.1%
PFGC Performance Food Group Co. 0.00% 9,000 $771K Add +7.1%
TRVG Trivago NV - ADR 0.00% 283,444 $768K Reduce -3.4%
WMS Advanced Drainage Systems Inc. 0.00% 5,326 $730K No change
XPO Xpo Inc. 0.00% 3,705 $721K Reduce -0.2%
SARO Standardaero Inc. 0.00% 27,900 $721K Add +18.7%
HLI Houlihan Lokey Inc. 0.00% 4,875 $700K Add +7.8%
JHX James Hardie Ind PLC 0.00% 31,176 $590K Add +5.0%
DGX Quest Diagnostics Inc. 0.00% 3,000 $588K Reduce -23.8%
CASY Casey's General Stores Inc. 0.00% 800 $582K Reduce -10.4%
CHWY Chewy Inc. Class A 0.00% 21,500 $581K New
CRNT Ceragon Networks Ltd. 0.00% 256,987 $555K Reduce -56.6%
EQIX Equinix Inc. 0.00% 557 $546K Add +57.8%
TXRH Texas Roadhouse Inc. 0.00% 3,186 $526K Reduce -39.2%
BSM Black Stone Minerals LP 0.00% 30,003 $454K Add +34.8%
SUNB Sunbelt Rentals Holdings Inc. 0.00% 7,146 $449K New
ARMK Aramark 0.00% 11,000 $446K Reduce -11.9%
EXEL Exelixis Inc. 0.00% 10,000 $429K Reduce -20.4%
UGI Ugi Corp. 0.00% 11,701 $426K Add +34.8%
LRN Stride Inc. 0.00% 4,268 $376K New
XGN Exagen Inc. 0.00% 125,242 $376K New
LUV Southwest Airlines Co. 0.00% 10,000 $376K No change
RJF Raymond James Financial Inc. 0.00% 2,471 $358K Add +4.4%
PHM Pultegroup Inc. 0.00% 3,031 $356K Add +34.2%
TOL Toll Brothers Inc. 0.00% 2,591 $354K Reduce -10.4%
RS Reliance Inc. 0.00% 1,074 $326K Add +34.4%
WMB Williams Cos Inc. 0.00% 4,334 $315K Add +34.8%
CRH CRH PLC 0.00% 2,964 $305K Reduce -2.6%
TAC Transalta Corp. 0.00% 20,859 $274K Add +34.8%
DCI Donaldson Co. Inc. 0.00% 3,200 $272K No change
CP Canadian Pacific Kansas City 0.00% 3,382 $266K Add +34.4%
IAU iShares Gold Trust 0.00% 2,868 $253K Reduce -8.1%
ENSG The Ensign Group Inc. 0.00% 1,247 $251K No change
CNI Canadian Natl Railway Co. 0.00% 2,400 $247K Add +34.8%
EGP Eastgroup Properties Inc. 0.00% 1,129 $209K Add +34.7%
RPM RPM International Inc. 0.00% 1,773 $176K Add +34.8%
AWK American Water Works Co. Inc. 0.00% 616 $84K Add +34.5%
GD General Dynamics Corp. 0.00% 97 $33K Reduce -98.7%
ADI Analog Devices Inc. 0.00% 48 $15K Reduce -100.0%
TRGP Targa Resources Corp. 0.00% 21 $5K No change
APD Air Products & Chemicals Inc. 0.00% 17 $5K Add +6.3%
URI United Rentals Inc. 0.00% 6 $4K Add +20.0%
VFC VF Corp. 0.00% 255 $4K Add +26.9%
JLL Jones Lang Lasalle Inc. 0.00% 14 $4K Add +16.7%
TDY Teledyne Technologies Inc. 0.00% 7 $4K No change
ODFL Old Dominion Freight Line 0.00% 21 $4K Reduce -12.5%
LOPE Grand Canyon Education Inc. 0.00% 24 $4K No change
WCN Waste Connections Inc. 0.00% 25 $4K Add +13.6%
WPC WP Carey Inc. 0.00% 59 $4K No change
STE Steris PLC 0.00% 18 $4K Add +20.0%
MSA Msa Safety Inc. 0.00% 24 $4K No change
GEHC GE Healthcare Technology 0.00% 55 $4K Add +7.8%
RGA Reinsurance Group of America 0.00% 19 $4K No change
CNS Cohen & Steers Inc. 0.00% 61 $4K No change
DXCM Dexcom Inc. 0.00% 58 $4K No change
MKTX Marketaxess Holdings Inc. 0.00% 22 $4K No change
CLX Clorox Company 0.00% 35 $4K New
DASH DoorDash Inc. Class A 0.00% 17 $3K No change
ECL Ecolab Inc. 0.00% 8 $2K Reduce -46.7%
LPLA LPL Financial Holdings Inc. 0.00% 6 $2K Reduce -40.0%

Options reported separately and not counted above: LQD calls ($0), IWM calls ($0), IWM puts ($0), XRT calls ($0).

Other holdings (5): bonds, preferreds, convertibles and warrants · $81.6M (not counted above)
SecurityClassShares / PrincipalValueChange
BANK OF AMERICA CORP (BAC 7.25 PERP L) 7.25%CNV PFD L 29,641$35.3MNo change
WELLS FARGO & COMPANY (WFC 7.5 PERP L) PERP PFD CNV A 25,741$29.7MNo change
STRATEGY INC (MSTR 0 12/01/29) NOTE 12/0 · principal 20,000,000$16.6MNew
ASPSW Altisource Portfolio - 30 *W EXP 04/30/203 2,834$1KNo change
ASPSZ Altisource Portfolio - 29C *W EXP 04/02/202 2,834$567No change

Total filed on the 13F, all lines: $59.0B.

Portfolio Sells Q4 2025 → Q1 2026

B Barrick Mining Corp. Reduce -35.9% 1.42% −1.04
ADI Analog Devices Inc. Reduce -100.0% 0.00% −0.97
CHRW C.H. Robinson Worldwide Inc. Reduce -36.9% 1.62% −0.96
TSM Taiwan Semiconductor-SP ADR Reduce -34.3% 2.24% −0.94
ROST Ross Stores Inc. Reduce -98.9% 0.01% −0.46
HCA HCA Healthcare Inc. Reduce -10.7% 2.61% −0.39
GOOGL Alphabet Inc. Class A Reduce -30.7% 0.58% −0.37
EXPD Expeditors Intl Wash Inc. Reduce -5.8% 1.45% −0.21
NEM Newmont Corp. Reduce -12.4% 2.21% −0.20
NTR Nutrien Ltd. Reduce -24.9% 1.28% −0.17
PAAS Pan American Silver Corp. Reduce -30.7% 0.22% −0.09
KGC Kinross Gold Corp. Reduce -22.6% 0.37% −0.09
WPM Wheaton Precious Metals Corp. Reduce -8.0% 3.15% −0.04
HL Hecla Mining Co. Reduce -60.9% 0.02% −0.03
WBS Webster Financial Corp. Sold out 0.00% −0.03
CDE Coeur Mining Inc. Reduce -56.5% 0.02% −0.02
MTG Mgic Investment Corp. Sold out 0.00% −0.02
FG F&G Annuities & Life Inc. Sold out 0.00% −0.02
TFX Teleflex Inc. Sold out 0.00% −0.02
CUBI Customers Bancorp Inc. Sold out 0.00% −0.02
KTOS Kratos Defense & Security Sold out 0.00% −0.02
CIEN Ciena Corp. Reduce -93.6% 0.00% −0.02
CECO Ceco Environmental Corp. Reduce -33.9% 0.02% −0.01
MHO M/I Homes Inc. Sold out 0.00% −0.01
FIVN FIVE9 Inc. Sold out 0.00% −0.01
VPG Vishay Precision Group Reduce -70.0% 0.01% −0.01
NG Novagold Resources Inc. Reduce -0.1% 0.14% −0.01
EYE National Vision Holdings Inc. Reduce -50.9% 0.01% −0.01
YETI Yeti Holdings Inc. Sold out 0.00% −0.01
IDA Idacorp Inc. Reduce -54.5% 0.01% −0.01
BBNX Beta Bionics Inc. Reduce -4.6% 0.00% −0.01
FN Fabrinet Reduce -47.0% 0.01% −0.01
THRY Thryv Holdings Inc. Sold out 0.00% −0.01
WRBY Warby Parker Inc. Class A Reduce -61.7% 0.00% −0.01
SMWB Similarweb Ltd. Sold out 0.00% −0.01
TALK Talkspace Inc. Reduce -69.8% 0.01% −0.01
EMBC Embecta Corp. Sold out 0.00% −0.01
GEOS Geospace Technologies Corp. Reduce -44.2% 0.01% −0.01
FOR Forestar Group Inc. Reduce -31.4% 0.01% −0.01
OUT Outfront Media Inc. Reduce -27.5% 0.02% −0.01
KALU Kaiser Aluminum Corp. Reduce -24.6% 0.02% −0.01
TEL Te Connectivity PLC Reduce -5.0% 0.04% −0.01
XRX Xerox Holdings Corp. Reduce -49.6% 0.00% −0.01
NCMI National Cinemedia Inc. Reduce -65.3% 0.00% −0.01
TMCI Treace Medical Concepts Inc. Sold out 0.00% −0.01
RDN Radian Group Inc. Reduce -29.7% 0.01% −0.01
EVER Everquote Inc. Class A Reduce -7.9% 0.01% −0.01
AMRC Ameresco Inc. Class A Reduce -3.4% 0.02% −0.01
MAC The Macerich Co. Sold out 0.00% −0.01
AL Sumisho Air Lease Corp. Sold out 0.00% −0.00

Portfolio Buys Q4 2025 → Q1 2026

ADP Automatic Data Processing New 0.98% +0.98
BRO Brown & Brown Inc. New 0.98% +0.98
WAT Waters Corp. New 0.80% +0.80
FISV Fiserv Inc. New 0.71% +0.71
SLB SLB Ltd. Add +2.4% 2.48% +0.60
CFR Cullen/Frost Bankers Inc. New 0.53% +0.53
NE Noble Corp. PLC Add +11.2% 1.13% +0.52
BXP BXP Inc. Add +174.0% 0.82% +0.42
MSFT Microsoft Corp. Add +137.6% 0.83% +0.36
WY Weyerhaeuser Co. Add +23.1% 1.92% +0.35
FNV Franco-Nevada Corp. Add +3.0% 2.22% +0.35
IPGP Ipg Photonics Corp. Add +2.4% 0.89% +0.33
OKE Oneok Inc. Add +2.8% 1.79% +0.32
EXR Extra Space Storage Inc. Add +50.4% 0.85% +0.27
ABEV Ambev SA-ADR Add +3.3% 1.72% +0.26
AEM Agnico Eagle Mines Ltd. Add +0.0% 1.79% +0.24
CHTR Charter Communications Inc. Class A Add +20.6% 1.31% +0.22
FMX Fomento Economico Mex-SP ADR Add +3.2% 2.43% +0.20
DIS The Walt Disney Co. Add +52.6% 0.86% +0.17
FNF Fidelity National Financial Add +45.5% 0.70% +0.11
MICC The Magnum Ice Cream Co. NV Add +39.2% 0.57% +0.11
IFF Intl Flavors & Fragrances Add +5.5% 1.15% +0.10
BIL SS SPDR BB 1-3M T-Bill ETF Add +91.4% 0.21% +0.10
TXN Texas Instruments Inc. Add +0.7% 1.21% +0.10
CSL Carlisle Cos Inc. Add +22.8% 0.45% +0.09
DE Deere & Co. Add +2.1% 0.51% +0.08
CL Colgate-Palmolive Co. Add +2.5% 1.17% +0.07
SHEL Shell PLC-ADR Add +21.0% 0.17% +0.05
RELX Relx PLC - Spon ADR New 0.05% +0.05
WDAY Workday Inc. Class A Add +75.4% 1.68% +0.04
PPG PPG Industries Inc. Add +2.3% 1.17% +0.03
OMC Omnicom Group Add +15.0% 0.93% +0.03
ACN Accenture PLC Class A Add +3426.5% 0.03% +0.03
UCTT Ultra Clean Holdings Inc. Add +5.7% 0.05% +0.03
BTI British American Tob-SP ADR Add +18.5% 0.17% +0.03
FUL H.B. Fuller Co. New 0.02% +0.02
PLXS Plexus Corp. New 0.02% +0.02
CMI Cummins Inc. Add +1.6% 0.70% +0.02
KWR Quaker Chemical Corporation New 0.02% +0.02
SPY SS SPDR S&P 500 ETF Trust-US New 0.02% +0.02
LAD Lithia Motors Inc. New 0.02% +0.02
CBT Cabot Corp. New 0.02% +0.02
HUN Huntsman Corp. New 0.02% +0.02
HRI Herc Holdings Inc. New 0.02% +0.02
EPD Enterprise Products Partners Add +1.4% 0.12% +0.02
COHU Cohu Inc. Add +91.4% 0.02% +0.01
IIIV I3 Verticals Inc. Class A New 0.01% +0.01
TALO Talos Energy Inc. New 0.01% +0.01
ONTO Onto Innovation Inc. Add +543.9% 0.01% +0.01
MTRN Materion Corp. Add +75.8% 0.03% +0.01

Options Activity Q4 2025 → Q1 2026

LQD Ishr Ibx Usd Invgd CB ETF-Ui call New 600,000 $0
TLT iShares 20+ Year Treasury BD put Sold out 700,000 $0before exit
IWM iShares Russell 2000 ETF call New 200,000 $0
IWM iShares Russell 2000 ETF put New 200,000 $0
XRT SS SPDR S&P Retail ETF call New 300,000 $0

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

Notes & Other Activity Q4 2025 → Q1 2026

STRATEGY INC (MSTR 0 12/01/29) NOTE 12/0 · principal New 20,000,000 $16.6M

Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages 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