First Eagle Investment Management Portfolio
First Eagle Investment Management 13F filer (CIK 0001325447).
Q1 2022 · 368 positions · Total reported value $40.80B · Top-10 concentration 33.3%
Turnover: 37.6% · 39 new · 94 cut · 41 exited
Active Share (vs S&P 500): 88.5% · vs QQQ: 91.2% — share of the book that differs from index weights (higher = more active) · ranking
In its Q1 2022 13F filing, First Eagle Investment Management disclosed 368 equity positions with a combined reported value of $40.80B. The filing implies a moderately concentrated portfolio: its ten largest positions account for 33.3% of reported value. HoldingsHub classifies the profile as Large / High Turnover.
The largest disclosed positions as of Q1 2022 were ORCL ($2.14B), XOM ($1.95B), CMCSA ($1.41B). By sector, the heaviest allocations are Technology 21.2%, Industrials 13.1%. Versus the prior quarter, allocation shifted toward Energy (+2.5pp), Materials (+1.5pp) and away from Consumer Discretionary (-0.9pp), Financials (-1.1pp).
Versus the prior quarter, First Eagle Investment Management opened 39 new positions, trimmed 94 and fully exited 41, a turnover rate of 37.6% of positions. The portfolio's overlap with the prior quarter was 84% of names.
Figures come from the fund's SEC Form 13F filing. 13F reports are filed within 45 days of quarter end and cover long positions of $100,000 or more; they exclude short positions and non-13F asset classes, so treat this page as a quarter-end snapshot rather than the fund's live book.
Sector Allocation
| # | Symbol | Company | Shares | Value | Weight | Change |
|---|---|---|---|---|---|---|
| 1 | ORCL | ORACLE CORP | 25.92M | $2.14B | 5.26% | Add |
| 2 | XOM | EXXON MOBIL CORP | 23.61M | $1.95B | 4.78% | Reduce |
| 3 | CMCSA | COMCAST CORP NEW | 30.10M | $1.41B | 3.45% | Add |
| 4 | NEM | NEWMONT CORP | 17.50M | $1.39B | 3.41% | Hold |
| 5 | IMO | IMPERIAL OIL LTD | 24.67M | $1.19B | 2.93% | Hold |
| 6 | CHRW | C H ROBINSON WORLDWIDE INC | 10.68M | $1.15B | 2.82% | Add |
| 7 | WTW | WILLIS TOWERS WATSON PLC LTD | 4.80M | $1.13B | 2.78% | Add |
| 8 | META | META PLATFORMS INC. CLASS A | 5.08M | $1.13B | 2.77% | Add |
| 9 | SLB | SLB LIMITED | 26.31M | $1.09B | 2.66% | Reduce |
| 10 | ELV | ELEVANCE HEALTH INC FORMERLY | 2.03M | $996.68M | 2.44% | Add |
| 11 | TSM | TAIWAN SEMICONDUCTOR MANUFAC | 9.06M | $944.91M | 2.32% | Reduce |
| 12 | PM | PHILIP MORRIS INTL INC | 9.66M | $907.62M | 2.22% | Reduce |
| 13 | ABEV | AMBEV SA | 274.31M | $886.03M | 2.17% | Add |
| 14 | NTR | NUTRIEN LTD | 8.37M | $870.06M | 2.13% | Reduce |
| 15 | CL | COLGATE PALMOLIVE CO | 11.30M | $856.64M | 2.10% | Reduce |
| 16 | WPM | WHEATON PRECIOUS METALS CORP | 17.06M | $811.60M | 1.99% | Add |
| 17 | BK | BANK OF NY MELLON CORP | 15.80M | $784.17M | 1.92% | Reduce |
| 18 | MSFT | MICROSOFT CORP | 2.43M | $749.91M | 1.84% | Reduce |
| 19 | GLD | SPDR GOLD TR | 3.78M | $682.51M | 1.67% | Add |
| 20 | NOV | NOV INC | 33.91M | $665.01M | 1.63% | Hold |
| 21 | GOLD | GOLD COM INC | 26.63M | $653.26M | 1.60% | Reduce |
| 22 | GOOG | ALPHABET INC | 226.85K | $633.59M | 1.55% | Add |
| 23 | HCA | HCA HEALTHCARE INC | 2.51M | $628.00M | 1.54% | Add |
| 24 | TXN | TEXAS INSTRS INC | 3.39M | $621.97M | 1.52% | Add |
| 25 | BABA | ALIBABA GROUP HLDG LTD | 5.71M | $621.76M | 1.52% | Add |
| 26 | AXP | AMERICAN EXPRESS CO | 3.27M | $610.61M | 1.50% | Reduce |
| 27 | UHS | UNIVERSAL HLTH SVCS INC | 4.16M | $602.34M | 1.48% | Add |
| 28 | FMX | FOMENTO ECONOMICO MEXICANO S | 7.21M | $597.54M | 1.46% | Hold |
| 29 | WY | WEYERHAEUSER CO | 15.19M | $575.53M | 1.41% | Reduce |
| 30 | ADI | ANALOG DEVICES INC | 3.45M | $569.33M | 1.40% | Hold |
| 31 | TRV | TRAVELERS COMPANIES INC | 3.11M | $568.07M | 1.39% | Add |
| 32 | TDC | TERADATA CORP DEL | 11.46M | $564.81M | 1.38% | Reduce |
| 33 | BRKA | BERKSHIRE HATHAWAY INC DEL | 1.00K | $530.51M | 1.30% | Hold |
| 34 | GOOGL | ALPHABET INC | 185.27K | $515.29M | 1.26% | Hold |
| 35 | USB | US BANCORP | 9.53M | $506.25M | 1.24% | Add |
| 36 | EQR | EQUITY RESIDENTIAL | 5.47M | $491.62M | 1.21% | Reduce |
| 37 | UNP | UNION PAC CORP | 1.76M | $481.98M | 1.18% | Reduce |
| 38 | RGLD | ROYAL GOLD INC | 3.34M | $472.36M | 1.16% | Reduce |
| 39 | BRO | BROWN & BROWN INC | 6.36M | $459.94M | 1.13% | Reduce |
| 40 | BDX | BECTON DICKINSON & CO | 1.69M | $448.47M | 1.10% | Hold |
| 41 | WFC | WELLS FARGO & CO | 9.22M | $446.66M | 1.09% | Reduce |
| 42 | AEM | AGNICO EAGLE MINES LTD | 7.27M | $444.98M | 1.09% | Add |
| 43 | XRAY | DENTSPLY SIRONA INC | 8.46M | $416.42M | 1.02% | Add |
| 44 | DE | DEERE & CO | 984.52K | $409.03M | 1.00% | Reduce |
| 45 | CRM | SALESFORCE INC | 1.91M | $405.67M | 0.99% | Hold |
| 46 | CMI | CUMMINS INC | 1.91M | $391.36M | 0.96% | Hold |
| 47 | FLS | FLOWSERVE CORP | 10.78M | $386.99M | 0.95% | Hold |
| 48 | WRB | BERKLEY W R CORP | 5.77M | $384.05M | 0.94% | Add |
| 49 | Y | ALLEGHANY CORP MD | 427.56K | $362.15M | 0.89% | Hold |
| 50 | IPGP | IPG PHOTONICS CORPORATION | 3.24M | $355.19M | 0.87% | Add |