First Eagle Investment Management Portfolio
First Eagle Investment Management 13F filer (CIK 0001325447).
Q1 2026 · 424 positions · Total reported value $75.57B · Top-10 concentration 42.1%
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 2026 13F filing, First Eagle Investment Management disclosed 424 equity positions with a combined reported value of $75.57B. The filing implies a moderately concentrated portfolio: its ten largest positions account for 42.1% of reported value. HoldingsHub classifies the profile as Large / Technology Tilt / High Turnover.
The largest disclosed positions as of Q1 2026 were MSTR ($16.59B), GOOG ($2.12B), BDX ($1.88B). By sector, the heaviest allocations are Technology 37.4%, Health Care 10.3%. Versus the prior quarter, allocation shifted toward Technology (+15.3pp) and away from Consumer Staples (-0.6pp), Financials (-0.7pp).
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 83% 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 | MSTR | STRATEGY INC | 20.00B | $16.59B | 21.95% | New |
| 2 | GOOG | ALPHABET INC | 7.40M | $2.12B | 2.81% | Hold |
| 3 | BDX | BECTON DICKINSON & CO | 11.93M | $1.88B | 2.48% | Add |
| 4 | WPM | WHEATON PRECIOUS METALS CORP | 14.16M | $1.85B | 2.45% | Reduce |
| 5 | IMO | IMPERIAL OIL LTD | 13.97M | $1.83B | 2.42% | Reduce |
| 6 | META | META PLATFORMS INC. CLASS A | 3.19M | $1.83B | 2.42% | Add |
| 7 | HCA | HCA HEALTHCARE INC | 3.25M | $1.54B | 2.04% | Reduce |
| 8 | SLB | SLB LIMITED | 28.38M | $1.46B | 1.93% | Add |
| 9 | FMX | FOMENTO ECONOMICO MEXICANO S | 12.90M | $1.43B | 1.90% | Add |
| 10 | TSM | TAIWAN SEMICONDUCTOR MANUFAC | 3.90M | $1.32B | 1.75% | Reduce |
| 11 | FNV | FRANCO NEV CORP | 5.27M | $1.31B | 1.73% | Add |
| 12 | NEM | NEWMONT CORP | 12.02M | $1.30B | 1.72% | Reduce |
| 13 | WTW | WILLIS TOWERS WATSON PLC LTD | 4.34M | $1.26B | 1.67% | Add |
| 14 | ORCL | ORACLE CORP | 8.44M | $1.24B | 1.64% | Add |
| 15 | ELV | ELEVANCE HEALTH INC FORMERLY | 4.13M | $1.21B | 1.60% | Add |
| 16 | BK | BANK OF NY MELLON CORP | 9.87M | $1.17B | 1.55% | Add |
| 17 | CRM | SALESFORCE INC | 6.13M | $1.14B | 1.51% | Add |
| 18 | WY | WEYERHAEUSER CO | 46.29M | $1.13B | 1.50% | Add |
| 19 | CMCSA | COMCAST CORP NEW | 37.78M | $1.08B | 1.44% | Add |
| 20 | XOM | EXXON MOBIL CORP | 6.24M | $1.06B | 1.40% | Reduce |
| 21 | GLD | SPDR GOLD TR | 2.46M | $1.06B | 1.40% | Reduce |
| 22 | OKE | ONEOK INC NEW | 11.68M | $1.06B | 1.40% | Add |
| 23 | AEM | AGNICO EAGLE MINES LTD | 5.19M | $1.05B | 1.40% | Hold |
| 24 | ABEV | AMBEV SA | 346.98M | $1.01B | 1.34% | Add |
| 25 | WDAY | WORKDAY INC | 7.61M | $988.52M | 1.31% | Add |
| 26 | PM | PHILIP MORRIS INTL INC | 5.89M | $974.26M | 1.29% | Add |
| 27 | CHRW | C H ROBINSON WORLDWIDE INC | 5.73M | $951.58M | 1.26% | Reduce |
| 28 | MDT | MEDTRONIC PLC | 10.04M | $870.37M | 1.15% | Add |
| 29 | EXPD | EXPEDITORS INTERNATIONAL OF WASHINGTON INC. | 5.95M | $851.53M | 1.13% | Reduce |
| 30 | B | BARRICK MNG CORP | 20.57M | $839.10M | 1.11% | Reduce |
| 31 | UHS | UNIVERSAL HLTH SVCS INC | 4.42M | $791.81M | 1.05% | Add |
| 32 | CHTR | CHARTER COMMUNICATIONS INC N | 3.58M | $772.88M | 1.02% | Add |
| 33 | NTR | NUTRIEN LTD | 9.99M | $753.76M | 1.00% | Reduce |
| 34 | BIO | BIO RAD LABS INC | 2.60M | $725.52M | 0.96% | Add |
| 35 | TXN | TEXAS INSTRS INC | 3.67M | $713.32M | 0.94% | Add |
| 36 | CL | COLGATE PALMOLIVE CO | 8.12M | $691.79M | 0.92% | Add |
| 37 | PPG | PPG INDS INC | 6.44M | $687.78M | 0.91% | Add |
| 38 | NOV | NOV INC | 36.41M | $684.84M | 0.91% | Reduce |
| 39 | IFF | INTERNATIONAL FLAVORS&FRAGRA | 9.31M | $675.78M | 0.89% | Add |
| 40 | NE | NOBLE CORP PLC | 13.56M | $665.48M | 0.88% | Add |
| 41 | ADP | AUTOMATIC DATA PROCESSING IN | 2.85M | $579.02M | 0.77% | New |
| 42 | BRO | BROWN & BROWN INC | 8.82M | $575.36M | 0.76% | New |
| 43 | EQR | EQUITY RESIDENTIAL | 9.47M | $560.13M | 0.74% | Add |
| 44 | OMC | OMNICOM GROUP INC | 7.30M | $550.00M | 0.73% | Add |
| 45 | DG | DOLLAR GEN CORP | 4.46M | $529.02M | 0.70% | Add |
| 46 | IPGP | IPG PHOTONICS CORPORATION | 4.59M | $526.35M | 0.70% | Add |
| 47 | DIS | DISNEY WALT CO | 5.25M | $506.39M | 0.67% | Add |
| 48 | EXR | EXTRA SPACE STORAGE INC | 3.84M | $503.37M | 0.67% | Add |
| 49 | AXP | AMERICAN EXPRESS CO | 1.66M | $502.91M | 0.67% | Add |
| 50 | MSFT | MICROSOFT CORP | 1.33M | $490.51M | 0.65% | Add |