First Eagle Investment Management 13F, Q4 2023
First Eagle · quarter ending 31 December 2023 · filed 8 February 2024 · SEC CIK 1325447
Common stock only: shares the fund reported owning at the quarter end, valued as filed. The filing also lists 1 put and call lines, reported at the value of the underlying shares; they are not ownership and are not in these totals.
Largest positions, Q4 2023
The 25 largest of 410 positions. Weights are against the whole filed book. Changes are in shares held, against the Q3 2023 filing.
| Company | Ticker | Value | % of book | vs Q3 2023 |
|---|---|---|---|---|
| META PLATFORMS INC | META | $1.99B | 4.8% | unchanged |
| ORACLE CORP | ORCL | $1.95B | 4.7% | unchanged |
| COMCAST CORP NEW | CMCSA | $1.40B | 3.4% | unchanged |
| SCHLUMBERGER LTD | SLB | $1.40B | 3.3% | unchanged |
| WILLIS TOWERS WATSON PLC LTD | $1.34B | 3.2% | +3% shares | |
| EXXON MOBIL CORP | XOM | $1.32B | 3.1% | unchanged |
| FOMENTO ECONOMICO MEXICANO S | FMX | $1.30B | 3.1% | -8% shares |
| IMPERIAL OIL LTD | IMO | $1.28B | 3.1% | unchanged |
| HCA HEALTHCARE INC | HCA | $1.22B | 2.9% | unchanged |
| WHEATON PRECIOUS METALS CORP | WPM | $1.04B | 2.5% | unchanged |
| NEWMONT CORP | NEM | $983.27M | 2.4% | +30% shares |
| ALPHABET INC | GOOG | $945.82M | 2.3% | unchanged |
| TAIWAN SEMICONDUCTOR MFG LTD | TSM | $942.77M | 2.3% | unchanged |
| AMBEV SA | ABEV | $876.34M | 2.1% | unchanged |
| COLGATE PALMOLIVE CO | CL | $874.82M | 2.1% | unchanged |
| PHILIP MORRIS INTL INC | PM | $848.27M | 2.0% | unchanged |
| BANK NEW YORK MELLON CORP | BNY | $843.91M | 2.0% | unchanged |
| ELEVANCE HEALTH INC | ELV | $838.66M | 2.0% | unchanged |
| C H ROBINSON WORLDWIDE INC | CHRW | $819.23M | 2.0% | unchanged |
| BARRICK GOLD CORP | $808.29M | 1.9% | +6% shares | |
| MEDTRONIC PLC | $775.17M | 1.9% | +55% shares | |
| ANALOG DEVICES INC | ADI | $761.85M | 1.8% | +9% shares |
| NOV INC | NOV | $743.43M | 1.8% | unchanged |
| TEXAS INSTRS INC | TXN | $728.43M | 1.7% | +18% shares |
| UNIVERSAL HLTH SVCS INC | UHS | $705.86M | 1.7% | unchanged |
What changed since Q3 2023
Against the Q3 2023 filing, First Eagle Investment Management opened 35 new positions, added to 207, trimmed 61, left 107 unchanged and exited 27. Every position is compared, matched on its CUSIP; a change of 2% or less in shares counts as unchanged.
New positions
- SPY$13.07M
- WERN$10.30M
- LNC$7.86M
- VITAL ENERGY INC$7.31M
- NCMI$5.91M
- ASH$5.40M
- SCL$4.88M
- AIR TRANSPORT SERVICES GRP I$4.71M
and 27 more
Exited
- CIRCOR INTL INCwas $7.92M
- NGVTwas $7.46M
- EARTHSTONE ENERGY INCwas $7.06M
- NEXTGEN HEALTHCARE INCwas $6.38M
- HERITAGE CRYSTAL CLEAN INCwas $5.29M
- CALYwas $4.53M
- OFIXwas $3.58M
- HEIDRICK & STRUGGLES INTL INwas $3.01M
and 19 more
Added to
- WILLIS TOWERS WATSON PLC LTD+3%$1.34B
- NEM+30%$983.27M
- BARRICK GOLD CORP+6%$808.29M
- MEDTRONIC PLC+55%$775.17M
- ADI+9%$761.85M
- TXN+18%$728.43M
- EQR+6%$570.33M
- NTR+3%$536.31M
and 199 more
Trimmed
- FMX-8%$1.30B
- ROST-51%$251.25M
- MSFT-57%$248.88M
- RPM-3%$132.89M
- AGI-7%$119.27M
- KOF-16%$32.18M
- BIL-6%$28.57M
- WFC 7.5 PERP L-6%$27.97M
and 53 more
Other quarters
Source: SEC Form 13F-HR, accession 0001325447-24-000002, 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.