First Eagle Investment Management Portfolio
First Eagle Investment Management 13F filer (CIK 0001325447).
Q1 2024 · 399 positions · Total reported value $43.96B · Top-10 concentration 34.0%
Turnover: 37.6% · 39 new · 94 cut · 41 exited
In its Q1 2024 13F filing, First Eagle Investment Management disclosed 399 equity positions with a combined reported value of $43.96B. The filing implies a moderately concentrated portfolio: its ten largest positions account for 34.0% of reported value. HoldingsHub classifies the profile as Large / High Turnover.
The largest disclosed positions as of Q1 2024 were ORCL ($1.78B), META ($1.73B), IMO ($1.54B). By sector, the heaviest allocations are Technology 21.1%, Health Care 13.8%. Versus the prior quarter, allocation shifted toward Other (+5.5pp), Health Care (+0.9pp) and away from Materials (-0.7pp), Technology (-0.9pp).
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 87% 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 | 14.20M | $1.78B | 4.06% | Reduce |
| 2 | META | META PLATFORMS INC. CLASS A | 3.55M | $1.73B | 3.93% | Reduce |
| 3 | IMO | IMPERIAL OIL LTD | 22.38M | $1.54B | 3.51% | Hold |
| 4 | XOM | EXXON MOBIL CORP | 13.20M | $1.53B | 3.49% | Hold |
| 5 | HCA | HCA HEALTHCARE INC | 4.50M | $1.50B | 3.42% | Hold |
| 6 | WTW | WILLIS TOWERS WATSON PLC LTD | 5.45M | $1.50B | 3.41% | Reduce |
| 7 | SLB | SLB LIMITED | 26.91M | $1.47B | 3.35% | Hold |
| 8 | CMCSA | COMCAST CORP NEW | 32.00M | $1.39B | 3.15% | Hold |
| 9 | FMX | FOMENTO ECONOMICO MEXICANO S | 9.70M | $1.26B | 2.87% | Reduce |
| 10 | TSM | TAIWAN SEMICONDUCTOR MANUFAC | 9.06M | $1.23B | 2.80% | Hold |
| 11 | GOOG | ALPHABET INC | 6.73M | $1.02B | 2.33% | Hold |
| 12 | WPM | WHEATON PRECIOUS METALS CORP | 21.40M | $1.01B | 2.29% | Add |
| 13 | GOLD | GOLD COM INC | 58.82M | $978.77M | 2.23% | Add |
| 14 | CL | COLGATE PALMOLIVE CO | 10.56M | $950.65M | 2.16% | Reduce |
| 15 | ELV | ELEVANCE HEALTH INC FORMERLY | 1.78M | $924.34M | 2.10% | Hold |
| 16 | BK | BANK OF NY MELLON CORP | 16.01M | $922.56M | 2.10% | Reduce |
| 17 | PM | PHILIP MORRIS INTL INC | 9.92M | $908.78M | 2.07% | Add |
| 18 | CHRW | C H ROBINSON WORLDWIDE INC | 11.49M | $874.55M | 1.99% | Add |
| 19 | UHS | UNIVERSAL HLTH SVCS INC | 4.64M | $846.05M | 1.93% | Hold |
| 20 | MDT | MEDTRONIC PLC | 9.42M | $820.53M | 1.87% | Hold |
| 21 | ABEV | AMBEV SA | 312.71M | $775.51M | 1.76% | Hold |
| 22 | ADI | ANALOG DEVICES INC | 3.85M | $760.92M | 1.73% | Hold |
| 23 | TXN | TEXAS INSTRS INC | 4.28M | $745.23M | 1.70% | Hold |
| 24 | GLD | SPDR GOLD TR | 3.55M | $730.25M | 1.66% | Reduce |
| 25 | NOV | NOV INC | 36.71M | $716.55M | 1.63% | Hold |
| 26 | NEM | NEWMONT CORP | 17.49M | $626.82M | 1.43% | Reduce |
| 27 | AXP | AMERICAN EXPRESS CO | 2.60M | $593.12M | 1.35% | Hold |
| 28 | EQR | EQUITY RESIDENTIAL | 9.34M | $589.38M | 1.34% | Hold |
| 29 | CMI | CUMMINS INC | 2.00M | $588.91M | 1.34% | Hold |
| 30 | BRKA | BERKSHIRE HATHAWAY INC DEL | 923 | $585.59M | 1.33% | Hold |
| 31 | CRM | SALESFORCE INC | 1.93M | $581.93M | 1.32% | Hold |
| 32 | BDX | BECTON DICKINSON & CO | 2.11M | $523.35M | 1.19% | Add |
| 33 | NTR | NUTRIEN LTD | 9.57M | $519.82M | 1.18% | Add |
| 34 | WY | WEYERHAEUSER CO | 14.22M | $510.73M | 1.16% | Hold |
| 35 | GOOGL | ALPHABET INC | 3.37M | $508.11M | 1.16% | Reduce |
| 36 | DIS | DISNEY WALT CO | 4.05M | $495.93M | 1.13% | Add |
| 37 | FLS | FLOWSERVE CORP | 10.74M | $490.42M | 1.12% | Hold |
| 38 | RGLD | ROYAL GOLD INC | 3.56M | $434.19M | 0.99% | Reduce |
| 39 | AEM | AGNICO EAGLE MINES LTD | 6.89M | $411.11M | 0.94% | Add |
| 40 | USB | US BANCORP | 8.92M | $398.80M | 0.91% | Hold |
| 41 | IPGP | IPG PHOTONICS CORPORATION | 4.26M | $386.69M | 0.88% | Hold |
| 42 | FNV | FRANCO NEV CORP | 3.21M | $383.01M | 0.87% | Add |
| 43 | EXPD | EXPEDITORS INTERNATIONAL OF WASHINGTON INC. | 2.70M | $327.63M | 0.74% | Hold |
| 44 | XRAY | DENTSPLY SIRONA INC | 9.79M | $324.80M | 0.74% | Hold |
| 45 | FNF | FIDELITY NATIONAL FINANCIAL | 6.10M | $323.69M | 0.74% | Hold |
| 46 | WMT | WALMART INC | 5.28M | $317.88M | 0.72% | Add |
| 47 | MSFT | MICROSOFT CORP | 660.96K | $278.08M | 0.63% | Hold |
| 48 | OKE | ONEOK INC NEW | 3.47M | $277.79M | 0.63% | Add |
| 49 | BRO | BROWN & BROWN INC | 3.11M | $272.18M | 0.62% | Reduce |
| 50 | ROST | ROSS STORES INC | 1.82M | $266.74M | 0.61% | Hold |