First Eagle Investment Management, LLC

NEW YORK, NY · CIK 1325447 · 13F filing filed 2026-08-05

SEC-registered investment adviser since 1995 · limited liability company

Assets managed$136.5bn
Staff392 · 46 in investment roles
Main clients (by assets)Mutual funds and ETFs 80%, Private funds 13%, Sovereign wealth funds 5%
Private funds6 · $4.2bn gross assets
Form ADV · 2026-08-03SEC adviser record

Legal entityFIRST EAGLE INVESTMENT MANAGEMENT, LLC (US)

$120.7bn reported value +104.5% vs Q1 2026

425positions

28.8%in top 10

41 new 371 added 13 reduced 37 sold out vs Q1 2026

This report includes the holdings of 1 other manager that shares the investment decisions:

FIRST EAGLE SEPARATE ACCOUNT MANAGEMENT, LLC – reports through this filing

Also in the report of:

EXCHANGE TRADED CONCEPTS, LLC – $1.3bn of shares are in both reports

Shares in two reports are counted once in each security's totals.

Holdings, Q2 2026

The small lines show how much was held over the last 4 quarters (adjusted for stock splits).

#	Security	Ticker	Shares	Value	% of portfolio	Change	Shares change
1	ALPHABET INC CAP STK CL C GOOG	GOOG	14,632,504	$5.2bn4.28%	4.28%	Added +7.2m	+7,227,856 97.6%
2	BECTON DICKINSON & CO COM BDX	BDX	27,630,670	$4.2bn3.47%	3.47%	Added +15.7m	+15,702,559 131.6%
3	META PLATFORMS INC CL A META	META	6,434,706	$3.6bn3.00%	3.00%	Added +3.2m	+3,241,608 101.5%
4	TAIWAN SEMICONDUCTOR MFG LTD SPONSORED ADS TSM	TSM	7,491,194	$3.6bn2.96%	2.96%	Added +3.6m	+3,589,057 92.0%
5	FOMENTO ECONOMICO MEXICANO S SPON ADR UNITS FMX	FMX	26,016,552	$3.3bn2.76%	2.76%	Added +13.1m	+13,114,299 101.6%
6	ELEVANCE HEALTH INC COM ELV	ELV	8,376,392	$3.2bn2.68%	2.68%	Added +4.2m	+4,244,101 102.7%
7	WHEATON PRECIOUS METALS CORP COM WPM	WPM	28,430,294	$3.2bn2.65%	2.65%	Added +14.3m	+14,273,783 100.8%
8	IMPERIAL OIL LTD COM NEW IMO	IMO	27,181,394	$3.0bn2.53%	2.53%	Added +13.2m	+13,209,089 94.5%
9	SCHLUMBERGER LTD COM STK SLB	SLB	57,827,466	$2.7bn2.23%	2.23%	Added +29.5m	+29,451,299 103.8%
10	BANK NEW YORK MELLON CORP COM BNY	BNY	18,533,830	$2.7bn2.22%	2.22%	Added +8.7m	+8,665,753 87.8%
11	HCA HEALTHCARE INC COM HCA	HCA	6,591,130	$2.6bn2.13%	2.13%	Added +3.3m	+3,336,560 102.5%
12	ORACLE CORP COM ORCL	ORCL	17,033,756	$2.5bn2.07%	2.07%	Added +8.6m	+8,598,578 101.9%
13	WEYERHAEUSER CO MTN BE COM NEW WY	WY	102,358,564	$2.5bn2.03%	2.03%	Added +56.1m	+56,065,100 121.1%
14	WILLIS TOWERS WATSON PLC LTD SHS WTW	WTW	8,951,720	$2.3bn1.94%	1.94%	Added +4.6m	+4,612,359 106.3%
15	AUTOMATIC DATA PROCESSING IN COM ADP	ADP	10,347,858	$2.3bn1.92%	1.92%	Added +7.5m	+7,498,074 263.1%
16	SALESFORCE INC COM CRM	CRM	14,612,068	$2.3bn1.90%	1.90%	Added +8.5m	+8,479,504 138.3%
17	FRANCO NEV CORP COM FNV	FNV	10,546,634	$2.2bn1.82%	1.82%	Added +5.3m	+5,272,097 100.0%
18	AMBEV SA SPONSORED ADR ABEV	ABEV	698,646,434	$2.2bn1.82%	1.82%	Added +351.7m	+351,661,877 101.3%
19	NEWMONT CORP COM NEM	NEM	23,140,652	$2.2bn1.79%	1.79%	Added +11.1m	+11,118,284 92.5%
20	WORKDAY INC CL A WDAY	WDAY	17,649,034	$2.2bn1.79%	1.79%	Added +10.0m	+10,040,321 132.0%
21	MEDTRONIC PLC SHS MDT	MDT	27,567,966	$2.2bn1.79%	1.79%	Added +17.5m	+17,523,271 174.4%
22	PHILIP MORRIS INTL INC COM PM	PM	11,850,936	$2.1bn1.78%	1.78%	Added +6.0m	+5,958,478 101.1%
23	ONEOK INC NEW COM OKE	OKE	23,669,654	$2.1bn1.71%	1.71%	Added +12.0m	+11,990,479 102.7%
24	COMCAST CORP NEW CL A CMCSA	CMCSA	76,345,970	$1.9bn1.55%	1.55%	Added +38.6m	+38,565,333 102.1%
25	SPDR GOLD TR GOLD SHS GLD	GLD	4,983,246	$1.8bn1.52%	1.52%	Added +2.5m	+2,527,505 102.9%
26	BOOKING HOLDINGS INC COM BKNG	BKNG	9,832,988	$1.8bn1.45%	1.45%	New
27	AGNICO EAGLE MINES LTD COM AEM	AEM	10,385,276	$1.6bn1.34%	1.34%	Added +5.2m	+5,192,219 100.0%
28	PPG INDS INC COM PPG	PPG	13,019,648	$1.6bn1.31%	1.31%	Added +6.6m	+6,584,572 102.3%
29	BIO RAD LABS INC CL A BIO	BIO	5,212,438	$1.5bn1.27%	1.27%	Added +2.6m	+2,609,666 100.3%
30	BROWN & BROWN INC COM BRO	BRO	23,455,028	$1.5bn1.25%	1.25%	Added +14.6m	+14,631,866 165.8%
31	COLGATE PALMOLIVE CO COM CL	CL	16,411,398	$1.5bn1.25%	1.25%	Added +8.3m	+8,294,616 102.2%
32	INTERNATIONAL FLAVORS&FRAGRA COM IFF	IFF	18,819,396	$1.5bn1.24%	1.24%	Added +9.5m	+9,504,726 102.0%
33	BARRICK MNG CORP COM SHS B	B	39,836,596	$1.5bn1.21%	1.21%	Added +19.3m	+19,265,364 93.7%
34	MICROSOFT CORP COM MSFT	MSFT	3,880,430	$1.4bn1.20%	1.20%	Added +2.6m	+2,555,332 192.8%
35	C H ROBINSON WORLDWIDE INC COM NEW CHRW	CHRW	7,284,906	$1.4bn1.14%	1.14%	Added +1.6m	+1,554,923 27.1%
36	UNIVERSAL HLTH SVCS INC CL B UHS	UHS	9,109,340	$1.4bn1.12%	1.12%	Added +4.7m	+4,685,059 105.9%
37	EQUITY RESIDENTIAL SH BEN INT VMRK	VMRK	19,058,216	$1.3bn1.07%	1.07%	Added +9.6m	+9,588,523 101.2%
38	BXP INC COM BXP	BXP	18,934,494	$1.3bn1.04%	1.04%	Added +9.6m	+9,590,033 102.6%
39	NUTRIEN LTD COM NTR	NTR	19,942,526	$1.3bn1.04%	1.04%	Added +10.0m	+9,953,659 99.7%
40	NOV INC COM NOV	NOV	61,369,382	$1.1bn0.94%	0.94%	Added +25.0m	+24,961,023 68.6%
41	AMERICAN EXPRESS CO COM AXP	AXP	3,360,294	$1.1bn0.94%	0.94%	Added +1.7m	+1,697,666 102.1%
42	EXTRA SPACE STORAGE INC COM EXR	EXR	7,753,994	$1.1bn0.93%	0.93%	Added +3.9m	+3,915,303 102.0%
43	US BANCORP DEL COM NEW USB	USB	18,246,116	$1.1bn0.91%	0.91%	Added +9.2m	+9,228,032 102.3%
44	OMNICOM GROUP INC COM OMC	OMC	14,686,418	$1.1bn0.89%	0.89%	Added +7.4m	+7,383,305 101.1%
45	FISERV INC COM FISV	FISV	21,715,546	$1.1bn0.88%	0.88%	Added +14.2m	+14,220,312 189.7%
46	NOBLE CORP PLC ORD SHS A NE	NE	27,914,324	$1.0bn0.86%	0.86%	Added +14.4m	+14,352,478 105.8%
47	DOLLAR GEN CORP NEW COM DG	DG	9,000,002	$1.0bn0.86%	0.86%	Added +4.5m	+4,544,380 102.0%
48	DISNEY WALT CO COM DIS	DIS	10,750,586	$1.0bn0.86%	0.86%	Added +5.5m	+5,496,503 104.6%
49	CHARTER COMMUNICATIONS INC N CL A CHTR	CHTR	7,174,694	$1.0bn0.85%	0.85%	Added +3.6m	+3,594,534 100.4%
50	WATERS CORP COM WAT	WAT	2,670,216	$1.0bn0.83%	0.83%	Added +1.1m	+1,095,029 69.5%
51	CARLISLE COS INC COM CSL	CSL	2,469,080	$895.7m0.74%	0.74%	Added +1.7m	+1,675,915 211.3%
52	CULLEN FROST BANKERS INC COM CFR	CFR	5,555,316	$858.4m0.71%	0.71%	Added +3.3m	+3,289,442 145.2%
53	FIDELITY NATIONAL FINANCIAL FNF GROUP COM FNF	FNF	17,954,004	$846.7m0.70%	0.70%	Added +9.1m	+9,073,896 102.2%
54	BERKSHIRE HATHAWAY INC DEL CL A BRK.A	BRK.A	1,130	$846.2m0.70%	0.70%	Added +565	+565 100.0%
55	EXXON MOBIL CORP COM XOM	XOM	6,057,069	$828.1m0.69%	0.69%	Reduced -180.5k	-180,545 -2.9%
56	MAGNUM ICE CREAM CO NV ORD SHS MICC	MICC	46,043,002	$801.3m0.66%	0.66%	Added +23.3m	+23,333,658 102.8%
57	IPG PHOTONICS CORP COM IPGP	IPGP	6,677,762	$783.4m0.65%	0.65%	Added +2.1m	+2,084,413 45.4%
58	CUMMINS INC COM CMI	CMI	1,073,736	$765.8m0.63%	0.63%	Added +306.5k	+306,505 40.0%
59	DEERE & CO COM DE	DE	1,073,758	$681.1m0.56%	0.56%	Added +540.7k	+540,733 101.5%
60	EXPEDITORS INTL WASH INC COM EXPD	EXPD	4,041,976	$658.8m0.55%	0.55%	Reduced -1.9m	-1,903,209 -32.0%
61	WARRIOR MET COAL INC COM HCC	HCC	7,758,116	$629.6m0.52%	0.52%	New
62	ALAMOS GOLD INC NEW COM CL A AGI	AGI	12,339,582	$373.7m0.31%	0.31%	Added +6.2m	+6,169,791 100.0%
63	ALPHABET INC CAP STK CL A GOOGL	GOOGL	1,037,844	$370.9m0.31%	0.31%	Reduced -160.4k	-160,393 -13.4%
64	COMPANIA CERVECERIAS UNIDAS SPONSORED ADR CCU	CCU	32,239,064	$361.1m0.30%	0.30%	Added +16.1m	+16,118,606 100.0%
65	ROYAL GOLD INC COM RGLD	RGLD	1,723,572	$344.0m0.29%	0.29%	Added +806.0k	+805,956 87.8%
66	DOUGLAS EMMETT INC COM DEI	DEI	27,916,656	$329.4m0.27%	0.27%	Added +14.0m	+13,958,603 100.0%
67	FERGUSON ENTERPRISES INC COMMON STOCK NEW FERG	FERG	1,318,108	$312.8m0.26%	0.26%	Added +684.8k	+684,799 108.1%
68	KINROSS GOLD CORP COM KGC	KGC	12,829,986	$303.0m0.25%	0.25%	Added +5.7m	+5,688,993 79.7%
69	ANGLOGOLD ASHANTI PLC COM SHS AU	AU	2,981,358	$241.2m0.20%	0.20%	Added +1.5m	+1,490,679 100.0%
70	GOLD FIELDS LTD SPONSORED ADR GFI	GFI	7,071,608	$237.5m0.20%	0.20%	Added +3.5m	+3,535,804 100.0%
71	PAN AMERN SILVER CORP COM PAAS	PAAS	4,834,778	$216.5m0.18%	0.18%	Added +2.4m	+2,417,389 100.0%
72	BRITISH AMERN TOB PLC SPONSORED ADR BTI	BTI	3,437,704	$212.3m0.18%	0.18%	Added +1.8m	+1,769,182 106.0%
73	SPDR SER TR BLOOMBERG 1-3 MO BIL	BIL	2,154,310	$197.4m0.16%	0.16%	Added +790.9k	+790,900 58.0%
74	SHELL PLC SPON ADS SHEL	SHEL	2,146,530	$166.4m0.14%	0.14%	Added +1.1m	+1,089,509 103.1%
75	ENTERPRISE PRODS PARTNERS L COM EPD	EPD	3,916,072	$144.0m0.12%	0.12%	Added +2.0m	+1,974,591 101.7%
76	UNILEVER PLC SPON ADR NEW UL	UL	1,685,014	$101.3m0.08%	0.08%	Added +879.1k	+879,074 109.1%
77	ULTRA CLEAN HLDGS INC COM UCTT	UCTT	695,860	$99.2m0.08%	0.08%	Added +261.8k	+261,760 60.3%
78	ORLA MNG LTD NEW COM OLA	OLA	9,535,652	$93.2m0.08%	0.08%	Added +4.8m	+4,767,826 100.0%
79	NOVAGOLD RES INC COM NEW NG	NG	14,970,858	$89.4m0.07%	0.07%	Added +5.8m	+5,797,929 63.2%
80	DIAGEO PLC SPON ADR NEW DEO	DEO	1,108,310	$89.1m0.07%	0.07%	Added +949.1k	+949,116 596.2%
81	VISHAY INTERTECHNOLOGY INC COM VSH	VSH	1,632,426	$87.8m0.07%	0.07%	Added +568.9k	+568,854 53.5%
82	SILICON MOTION TECHNOLOGY CO SPONSORED ADR SIMO	SIMO	251,474	$83.8m0.07%	0.07%	Added +83.0k	+83,035 49.3%
83	COCA-COLA FEMSA SAB DE CV SPONS ADS REP KOF	KOF	785,478	$83.5m0.07%	0.07%	Added +392.7k	+392,739 100.0%
84	LLOYDS BANKING GROUP PLC SPONSORED ADR LYG	LYG	14,003,514	$81.6m0.07%	0.07%	Added +6.6m	+6,599,361 89.1%
85	COHU INC COM COHU	COHU	1,097,066	$81.1m0.07%	0.07%	Added +623.0k	+622,998 131.4%
86	HALEON PLC SPON ADS HLN	HLN	8,449,712	$78.8m0.07%	0.07%	Added +4.4m	+4,417,069 109.5%
87	BANK AMERICA CORP 7.25%CNV PFD L BAC 7.25 PERP L	BAC 7.25 PERP L	59,282	$74.4m0.06%	0.06%	Added +29.6k	+29,641 100.0%
88	BROOKDALE SR LIVING INC COM BKD	BKD	4,600,694	$74.0m0.06%	0.06%	Added +2.7m	+2,735,110 146.6%
89	B2GOLD CORP COM BTG	BTG	19,405,368	$72.7m0.06%	0.06%	Added +9.7m	+9,702,684 100.0%
90	HINGE HEALTH INC CL A HNGE	HNGE	860,284	$71.4m0.06%	0.06%	Added +523.3k	+523,342 155.3%
91	MATERION CORP COM MTRN	MTRN	238,600	$71.0m0.06%	0.06%	Added +136.7k	+136,650 134.0%
92	VEECO INSTRS INC DEL COM VECO	VECO	927,706	$70.3m0.06%	0.06%	Added +536.3k	+536,325 137.0%
93	BENCHMARK ELECTRS INC COM BHE	BHE	701,928	$69.3m0.06%	0.06%	Added +405.4k	+405,359 136.7%
94	ADVANCED ENERGY INDS COM AEIS	AEIS	183,070	$68.3m0.06%	0.06%	Added +101.3k	+101,252 123.8%
95	ENPRO INC COM NPO	NPO	180,260	$67.9m0.06%	0.06%	Added +110.4k	+110,405 158.1%
96	BERKSHIRE HATHAWAY INC DEL CL B NEW BRK.B	BRK.B	135,252	$67.7m0.06%	0.06%	Added +77.6k	+77,649 134.8%
97	RELX PLC SPONSORED ADR RELX	RELX	2,081,772	$65.9m0.05%	0.05%	Added +1.3m	+1,279,636 159.5%
98	DUCOMMUN INC DEL COM DCO	DCO	352,752	$65.3m0.05%	0.05%	Added +199.0k	+198,976 129.4%
99	ROGERS CORP COM ROG	ROG	376,536	$61.7m0.05%	0.05%	Added +244.7k	+244,718 185.7%
100	LINCOLN EDL SVCS CORP COM LINC	LINC	1,231,060	$61.4m0.05%	0.05%	Added +545.8k	+545,830 79.7%

Sold out since Q1 2026

Security	Ticker	Shares held before	Value then
VERSANT MEDIA GROUP INC VSNT	VSNT	1,597,299	$59.1m1.6m shares
THERMON GROUP HLDGS INC		305,373	$15.4m305.4k shares
CENTURY CMNTYS INC CCS	CCS	256,716	$14.7m256.7k shares
BEAZER HOMES USA INC BZH	BZH	694,671	$13.4m694.7k shares
EAGLE MATLS INC EXP	EXP	65,533	$12.4m65.5k shares
SPDR S&P 500 ETF TR SPY	SPY	17,000	$11.1m17.0k shares
FERROGLOBE PLC GSM	GSM	2,083,272	$8.6m2.1m shares
FORESTAR GROUP INC FOR	FOR	339,898	$8.3m339.9k shares
JANUS INTERNATIONAL GROUP IN JBI	JBI	1,383,795	$7.1m1.4m shares
GXO LOGISTICS INCORPORATED GXO	GXO	126,602	$6.6m126.6k shares
KEMPER CORP KMPR	KMPR	149,203	$4.6m149.2k shares
QUINSTREET INC QNST	QNST	349,874	$4.2m349.9k shares
ALLEGIANT TRAVEL CO ALGT	ALGT	47,943	$3.9m47.9k shares
GEOSPACE TECHNOLOGIES CORP GEOS	GEOS	240,000	$2.9m240.0k shares
ACCO BRANDS CORP ACCO	ACCO	831,369	$2.5m831.4k shares
BETA BIONICS INC BBNX	BBNX	242,000	$2.4m242.0k shares
ADVANSIX INC ASIX	ASIX	82,460	$2.0m82.5k shares
XEROX HOLDINGS CORP XRX	XRX	1,099,635	$1.4m1.1m shares
CLARUS CORP NEW CLAR	CLAR	508,500	$1.4m508.5k shares
EXPAND ENERGY CORPORATION EXE	EXE	9,816	$1.1m9.8k shares
UNIVERSAL ELECTRS INC UEIC	UEIC	241,060	$993.2k241.1k shares
ALPHA & OMEGA SEMICONDUCTOR AOSL	AOSL	40,000	$886.4k40.0k shares
ADVANCED DRAIN SYS INC DEL WMS	WMS	5,326	$730.4k5.3k shares
STANDARDAERO INC SARO	SARO	27,900	$720.7k27.9k shares
CHEWY INC CHWY	CHWY	21,500	$580.5k21.5k shares

Stakes above 5%

Companies where this manager has reported owning more than 5% of a class of shares, on Schedule 13D (may seek influence) or 13G (passive): its latest filing for each, from 19 Dec 2024 on.

Company	Ticker	Stake	Change	Schedule	Last filed
BIO RAD LABS INC BIO · 13G · filed 2025-08-06	BIO	11.4%≈ $742.3m	+1.4 pts	13G	2025-08-06
UNIVERSAL HLTH SVCS INC UHS · 13G · filed 2026-08-06	UHS	8.8%≈ $695.1m		13G	2026-08-06
NOBLE CORP PLC NE · 13G · filed 2026-05-14	NE	8.8%≈ $524.5m	no change	13G	2026-05-14
NOV INC NOV · 13G · filed 2026-08-06	NOV	8.6%≈ $569.2m	-1.4 pts	13G	2026-08-06
IPG PHOTONICS CORP IPGP · 13G · filed 2026-08-06	IPGP	7.9%≈ $391.7m		13G	2026-08-06
WARRIOR MET COAL INC HCC · 13G · filed 2026-08-06	HCC	7.6%≈ $324.2m	new	13G	2026-08-06
MAG SILVER CORP MAG · 13G · filed 2025-02-12	MAG	7.6%		13G	2025-02-12
WEYERHAEUSER CO MTN BE WY · 13G · filed 2026-05-14	WY	6.6%≈ $1.1bn	no change	13G	2026-05-14
BXP INC BXP · 13G · filed 2026-05-13	BXP	6.0%≈ $630.7m	new	13G	2026-05-13
FOMENTO ECONOMICO MEXICANO S FMX · 13G · filed 2025-02-12	FMX	6.0%		13G	2025-02-12
QUANTERIX CORP QTRX · 13G · filed 2026-08-06	QTRX	5.8%≈ $11.9m	new	13G	2026-08-06
SIMULATIONS PLUS INC 13G · filed 2026-08-06		5.3%≈ $19.6m	new	13G	2026-08-06
BECTON DICKINSON & CO BDX · 13G · filed 2026-08-06	BDX	5.1%≈ $2.1bn	new	13G	2026-08-06
RAMACO RES INC METCB · 13G · filed 2026-05-13	METCB	5.1%≈ $4.7m	new	13G	2026-05-13