First Eagle Investment Management 13F, Q3 2023
First Eagle · quarter ending 30 September 2023 · filed 8 November 2023 · SEC CIK 1325447
Common stock only: shares the fund reported owning at the quarter end, valued as filed. The filing also lists 2 put and call lines, reported at the value of the underlying shares; they are not ownership and are not in these totals.
Largest positions, Q3 2023
The 25 largest of 402 positions. Weights are against the whole filed book. Changes are in shares held, against the Q2 2023 filing.
| Company | Ticker | Value | % of book | vs Q2 2023 |
|---|---|---|---|---|
| ORACLE CORP | ORCL | $1.97B | 5.2% | unchanged |
| META PLATFORMS INC | META | $1.70B | 4.5% | unchanged |
| SCHLUMBERGER LTD | SLB | $1.57B | 4.1% | unchanged |
| EXXON MOBIL CORP | XOM | $1.55B | 4.1% | unchanged |
| COMCAST CORP NEW | CMCSA | $1.42B | 3.7% | unchanged |
| IMPERIAL OIL LTD | IMO | $1.37B | 3.6% | -8% shares |
| FOMENTO ECONOMICO MEXICANO S | FMX | $1.18B | 3.1% | unchanged |
| WILLIS TOWERS WATSON PLC LTD | $1.13B | 3.0% | +9% shares | |
| HCA HEALTHCARE INC | HCA | $1.11B | 2.9% | unchanged |
| ALPHABET INC | GOOG | $881.73M | 2.3% | unchanged |
| WHEATON PRECIOUS METALS CORP | WPM | $851.48M | 2.2% | +3% shares |
| PHILIP MORRIS INTL INC | PM | $837.68M | 2.2% | unchanged |
| C H ROBINSON WORLDWIDE INC | CHRW | $811.68M | 2.1% | unchanged |
| AMBEV SA | ABEV | $799.86M | 2.1% | unchanged |
| COLGATE PALMOLIVE CO | CL | $783.13M | 2.1% | unchanged |
| TAIWAN SEMICONDUCTOR MFG LTD | TSM | $780.38M | 2.0% | unchanged |
| ELEVANCE HEALTH INC | ELV | $776.26M | 2.0% | unchanged |
| NOV INC | NOV | $767.89M | 2.0% | unchanged |
| BANK NEW YORK MELLON CORP | BNY | $692.69M | 1.8% | unchanged |
| NEWMONT CORP | NEM | $675.48M | 1.8% | unchanged |
| ANALOG DEVICES INC | ADI | $614.45M | 1.6% | unchanged |
| BARRICK GOLD CORP | $611.12M | 1.6% | unchanged | |
| SPDR GOLD TR | GLD | $599.79M | 1.6% | +4% shares |
| UNIVERSAL HLTH SVCS INC | UHS | $583.67M | 1.5% | unchanged |
| TEXAS INSTRS INC | TXN | $574.00M | 1.5% | unchanged |
What changed since Q2 2023
Against the Q2 2023 filing, First Eagle Investment Management opened 37 new positions, added to 196, trimmed 87, left 82 unchanged and exited 23. Every position is compared, matched on its CUSIP; a change of 2% or less in shares counts as unchanged.
New positions
- DIS$326.17M
- OKE$110.05M
- ANGLOGOLD ASHANTI PLC$23.01M
- NOBLE CORP PLC$21.69M
- MTG$7.85M
- NGVT$7.46M
- EMBC$7.31M
- CECO$7.04M
and 29 more
Exited
- ANGLOGOLD ASHANTI LIMITEDwas $37.46M
- MAGELLAN MIDSTREAM PRTNRS LPwas $31.77M
- WRBwas $19.91M
- ASSERTIO HOLDINGS INCwas $5.62M
- SIX FLAGS ENTMT CORP NEWwas $4.95M
- APPSwas $3.65M
- NEXTIER OILFIELD SOLUTIONSwas $2.73M
- UNIVAR SOLUTIONS INCwas $2.58M
and 15 more
Added to
- WILLIS TOWERS WATSON PLC LTD+9%$1.13B
- WPM+3%$851.48M
- GLD+4%$599.79M
- MEDTRONIC PLC+11%$477.12M
- FNV+3%$301.56M
- FNF+35%$245.41M
- EXR+233363%$160.94M
- SHEL+10%$19.72M
and 188 more
Trimmed
- IMO-8%$1.37B
- BRK/A-3%$493.74M
- CMI-2%$456.90M
- CRM-2%$393.79M
- WMT-3%$313.72M
- EXPD-2%$305.05M
- KHC-3%$217.42M
- RPM-3%$115.86M
and 79 more
Other quarters
Source: SEC Form 13F-HR, accession 0001325447-23-000021, filed by First Eagle Investment Management, LLC. Values are as filed and cover US-listed positions only; a 13F does not show short positions or holdings outside the US. A 13F may be filed up to 45 days after the quarter ends, so the fund may have traded since. Educational information, not financial advice.