First Eagle Investment Management Portfolio
First Eagle Investment Management 13F filer (CIK 0001325447).
Q2 2025 · 390 positions · Total reported value $50.89B · Top-10 concentration 32.9%
Turnover: 37.6% · 39 new · 94 cut · 41 exited
In its Q2 2025 13F filing, First Eagle Investment Management disclosed 390 equity positions with a combined reported value of $50.89B. The filing implies a moderately concentrated portfolio: its ten largest positions account for 32.9% of reported value. HoldingsHub classifies the profile as Large / High Turnover.
The largest disclosed positions as of Q2 2025 were META ($2.46B), ORCL ($2.44B), IMO ($1.63B). By sector, the heaviest allocations are Technology 22.4%, Health Care 15.4%. Versus the prior quarter, allocation shifted toward Technology (+3.7pp), Materials (+1.6pp) and away from Industrials (-1.0pp), Health Care (-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 86% 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 | 3.33M | $2.46B | 4.83% | Reduce |
| 2 | ORCL | ORACLE CORP | 11.15M | $2.44B | 4.79% | Reduce |
| 3 | IMO | IMPERIAL OIL LTD | 20.49M | $1.63B | 3.20% | Reduce |
| 4 | WPM | WHEATON PRECIOUS METALS CORP | 18.10M | $1.63B | 3.19% | Reduce |
| 5 | HCA | HCA HEALTHCARE INC | 4.21M | $1.61B | 3.17% | Reduce |
| 6 | TSM | TAIWAN SEMICONDUCTOR MANUFAC | 6.69M | $1.52B | 2.98% | Add |
| 7 | BDX | BECTON DICKINSON & CO | 8.79M | $1.51B | 2.97% | Add |
| 8 | GOOG | ALPHABET INC | 7.51M | $1.33B | 2.62% | Add |
| 9 | WTW | WILLIS TOWERS WATSON PLC LTD | 4.29M | $1.32B | 2.59% | Reduce |
| 10 | PM | PHILIP MORRIS INTL INC | 7.13M | $1.30B | 2.55% | Reduce |
| 11 | FMX | FOMENTO ECONOMICO MEXICANO S | 12.51M | $1.29B | 2.53% | Reduce |
| 12 | CMCSA | COMCAST CORP NEW | 35.91M | $1.28B | 2.52% | Add |
| 13 | ELV | ELEVANCE HEALTH INC FORMERLY | 3.20M | $1.24B | 2.45% | Reduce |
| 14 | BK | BANK OF NY MELLON CORP | 12.55M | $1.14B | 2.25% | Reduce |
| 15 | CHRW | C H ROBINSON WORLDWIDE INC | 10.59M | $1.02B | 2.00% | Reduce |
| 16 | NEM | NEWMONT CORP | 17.12M | $997.50M | 1.96% | Reduce |
| 17 | HYG | ISHARES TR | 12.00M | $967.80M | 1.90% | Add |
| 18 | SLB | SLB LIMITED | 27.53M | $930.55M | 1.83% | Reduce |
| 19 | CRM | SALESFORCE INC | 3.22M | $876.79M | 1.72% | Add |
| 20 | MDT | MEDTRONIC PLC | 9.73M | $848.36M | 1.67% | Reduce |
| 21 | XOM | EXXON MOBIL CORP | 7.79M | $840.10M | 1.65% | Reduce |
| 22 | UHS | UNIVERSAL HLTH SVCS INC | 4.62M | $836.98M | 1.65% | Reduce |
| 23 | B | BARRICK MNG CORP | 39.48M | $822.06M | 1.61% | New |
| 24 | ABEV | AMBEV SA | 338.66M | $816.18M | 1.60% | Reduce |
| 25 | TXN | TEXAS INSTRS INC | 3.87M | $803.80M | 1.58% | Add |
| 26 | NTR | NUTRIEN LTD | 13.27M | $772.74M | 1.52% | Add |
| 27 | GLD | SPDR GOLD TR | 2.46M | $746.51M | 1.47% | Reduce |
| 28 | EXPD | EXPEDITORS INTERNATIONAL OF WASHINGTON INC. | 6.28M | $717.47M | 1.41% | Add |
| 29 | CL | COLGATE PALMOLIVE CO | 7.87M | $715.49M | 1.41% | Reduce |
| 30 | DG | DOLLAR GEN CORP | 5.98M | $683.53M | 1.34% | Reduce |
| 31 | PPG | PPG INDS INC | 5.56M | $632.48M | 1.24% | Add |
| 32 | AEM | AGNICO EAGLE MINES LTD | 5.27M | $628.44M | 1.24% | Reduce |
| 33 | EQR | EQUITY RESIDENTIAL | 9.19M | $620.54M | 1.22% | Reduce |
| 34 | AXP | AMERICAN EXPRESS CO | 1.93M | $616.25M | 1.21% | Reduce |
| 35 | BIO | BIO RAD LABS INC | 2.52M | $607.48M | 1.19% | Add |
| 36 | RGLD | ROYAL GOLD INC | 3.34M | $594.63M | 1.17% | Reduce |
| 37 | GOOGL | ALPHABET INC | 3.28M | $578.15M | 1.14% | Reduce |
| 38 | ADI | ANALOG DEVICES INC | 2.24M | $534.32M | 1.05% | Reduce |
| 39 | FNV | FRANCO NEV CORP | 3.20M | $526.07M | 1.03% | Reduce |
| 40 | OKE | ONEOK INC NEW | 6.26M | $510.69M | 1.00% | Add |
| 41 | CMI | CUMMINS INC | 1.52M | $498.80M | 0.98% | Reduce |
| 42 | BRKA | BERKSHIRE HATHAWAY INC DEL | 649 | $472.99M | 0.93% | Reduce |
| 43 | NOV | NOV INC | 37.57M | $467.02M | 0.92% | Reduce |
| 44 | DIS | DISNEY WALT CO | 3.42M | $424.52M | 0.83% | Reduce |
| 45 | IFF | INTERNATIONAL FLAVORS&FRAGRA | 5.44M | $400.19M | 0.79% | Add |
| 46 | USB | US BANCORP | 8.76M | $396.59M | 0.78% | Reduce |
| 47 | WY | WEYERHAEUSER CO | 14.14M | $363.38M | 0.71% | Reduce |
| 48 | FNF | FIDELITY NATIONAL FINANCIAL | 6.04M | $338.73M | 0.67% | Reduce |
| 49 | NE | NOBLE CORP PLC | 12.17M | $323.01M | 0.64% | Hold |
| 50 | CHTR | CHARTER COMMUNICATIONS INC N | 754.43K | $308.42M | 0.61% | Reduce |