First Eagle Investment Management Portfolio
First Eagle Investment Management 13F filer (CIK 0001325447).
Q4 2024 · 420 positions · Total reported value $44.75B · Top-10 concentration 31.7%
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 Q4 2024 13F filing, First Eagle Investment Management disclosed 420 equity positions with a combined reported value of $44.75B. The filing implies a moderately concentrated portfolio: its ten largest positions account for 31.7% of reported value. HoldingsHub classifies the profile as Large / High Turnover.
The largest disclosed positions as of Q4 2024 were META ($2.07B), ORCL ($2.05B), WTW ($1.40B). By sector, the heaviest allocations are Technology 22.6%, Health Care 15.2%. Versus the prior quarter, allocation shifted toward Consumer Discretionary (+1.2pp), Technology (+1.0pp) and away from Materials (-0.6pp), Industrials (-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 85% 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 | META | META PLATFORMS INC. CLASS A | 3.54M | $2.07B | 4.63% | Hold |
| 2 | ORCL | ORACLE CORP | 12.28M | $2.05B | 4.57% | Reduce |
| 3 | WTW | WILLIS TOWERS WATSON PLC LTD | 4.46M | $1.40B | 3.12% | Reduce |
| 4 | HCA | HCA HEALTHCARE INC | 4.50M | $1.35B | 3.02% | Add |
| 5 | IMO | IMPERIAL OIL LTD | 21.21M | $1.31B | 2.92% | Reduce |
| 6 | CMCSA | COMCAST CORP NEW | 34.10M | $1.28B | 2.86% | Add |
| 7 | GOOG | ALPHABET INC | 6.67M | $1.27B | 2.84% | Hold |
| 8 | ELV | ELEVANCE HEALTH INC FORMERLY | 3.23M | $1.19B | 2.66% | Add |
| 9 | PM | PHILIP MORRIS INTL INC | 9.50M | $1.14B | 2.55% | Reduce |
| 10 | TSM | TAIWAN SEMICONDUCTOR MANUFAC | 5.64M | $1.11B | 2.49% | Reduce |
| 11 | CHRW | C H ROBINSON WORLDWIDE INC | 10.74M | $1.11B | 2.48% | Reduce |
| 12 | FMX | FOMENTO ECONOMICO MEXICANO S | 12.66M | $1.08B | 2.42% | Add |
| 13 | BK | BANK OF NY MELLON CORP | 14.02M | $1.08B | 2.41% | Reduce |
| 14 | WPM | WHEATON PRECIOUS METALS CORP | 19.05M | $1.07B | 2.39% | Reduce |
| 15 | SLB | SLB LIMITED | 27.84M | $1.07B | 2.38% | Add |
| 16 | BDX | BECTON DICKINSON & CO | 4.43M | $1.00B | 2.24% | Add |
| 17 | XOM | EXXON MOBIL CORP | 8.68M | $933.91M | 2.09% | Reduce |
| 18 | UHS | UNIVERSAL HLTH SVCS INC | 4.68M | $838.82M | 1.87% | Add |
| 19 | CL | COLGATE PALMOLIVE CO | 8.72M | $792.73M | 1.77% | Reduce |
| 20 | CRM | SALESFORCE INC | 2.36M | $787.41M | 1.76% | Reduce |
| 21 | MDT | MEDTRONIC PLC | 9.79M | $782.20M | 1.75% | Hold |
| 22 | GLD | SPDR GOLD TR | 3.20M | $770.15M | 1.72% | Reduce |
| 23 | GOLD | GOLD COM INC | 46.57M | $721.79M | 1.61% | Reduce |
| 24 | AXP | AMERICAN EXPRESS CO | 2.35M | $698.07M | 1.56% | Reduce |
| 25 | TXN | TEXAS INSTRS INC | 3.63M | $680.67M | 1.52% | Reduce |
| 26 | NEM | NEWMONT CORP | 17.92M | $666.99M | 1.49% | Reduce |
| 27 | EQR | EQUITY RESIDENTIAL | 9.25M | $663.55M | 1.48% | Hold |
| 28 | GOOGL | ALPHABET INC | 3.34M | $632.69M | 1.41% | Hold |
| 29 | ABEV | AMBEV SA | 339.52M | $628.12M | 1.40% | Reduce |
| 30 | BRKA | BERKSHIRE HATHAWAY INC DEL | 916 | $623.72M | 1.39% | Hold |
| 31 | ADI | ANALOG DEVICES INC | 2.86M | $606.90M | 1.36% | Reduce |
| 32 | NOV | NOV INC | 38.14M | $556.79M | 1.24% | Hold |
| 33 | CMI | CUMMINS INC | 1.54M | $536.99M | 1.20% | Reduce |
| 34 | AEM | AGNICO EAGLE MINES LTD | 6.68M | $521.67M | 1.17% | Reduce |
| 35 | RGLD | ROYAL GOLD INC | 3.48M | $458.72M | 1.02% | Reduce |
| 36 | EXPD | EXPEDITORS INTERNATIONAL OF WASHINGTON INC. | 4.07M | $450.88M | 1.01% | Add |
| 37 | FLS | FLOWSERVE CORP | 7.74M | $445.14M | 0.99% | Reduce |
| 38 | NTR | NUTRIEN LTD | 9.53M | $426.44M | 0.95% | Add |
| 39 | USB | US BANCORP | 8.88M | $424.53M | 0.95% | Hold |
| 40 | WY | WEYERHAEUSER CO | 14.36M | $404.30M | 0.90% | Add |
| 41 | DG | DOLLAR GEN CORP | 5.27M | $399.43M | 0.89% | New |
| 42 | FNV | FRANCO NEV CORP | 3.37M | $395.11M | 0.88% | Add |
| 43 | DIS | DISNEY WALT CO | 3.46M | $384.89M | 0.86% | Reduce |
| 44 | PPG | PPG INDS INC | 3.20M | $381.88M | 0.85% | Add |
| 45 | NE | NOBLE CORP PLC | 11.99M | $376.56M | 0.84% | Add |
| 46 | FNF | FIDELITY NATIONAL FINANCIAL | 6.09M | $341.99M | 0.76% | Hold |
| 47 | IPGP | IPG PHOTONICS CORPORATION | 4.50M | $327.03M | 0.73% | Hold |
| 48 | OKE | ONEOK INC NEW | 2.77M | $278.54M | 0.62% | Reduce |
| 49 | MSFT | MICROSOFT CORP | 657.54K | $277.15M | 0.62% | Hold |
| 50 | XRAY | DENTSPLY SIRONA INC | 14.50M | $275.22M | 0.61% | Add |