First Eagle Investment Management 13F, Q1 2025
First Eagle · quarter ending 31 March 2025 · filed 12 May 2025 · 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, Q1 2025
The 25 largest of 410 positions. Weights are against the whole filed book. Changes are in shares held, against the Q4 2024 filing.
| Company | Ticker | Value | % of book | vs Q4 2024 |
|---|---|---|---|---|
| META PLATFORMS INC | META | $2.04B | 4.3% | unchanged |
| ORACLE CORP | ORCL | $1.72B | 3.6% | unchanged |
| HCA HEALTHCARE INC | HCA | $1.56B | 3.3% | unchanged |
| IMPERIAL OIL LTD | IMO | $1.52B | 3.2% | unchanged |
| WILLIS TOWERS WATSON PLC LTD | $1.50B | 3.2% | unchanged | |
| WHEATON PRECIOUS METALS CORP | WPM | $1.44B | 3.0% | -2% shares |
| PHILIP MORRIS INTL INC | PM | $1.43B | 3.0% | -5% shares |
| ELEVANCE HEALTH INC | ELV | $1.41B | 3.0% | unchanged |
| COMCAST CORP NEW | CMCSA | $1.31B | 2.8% | +4% shares |
| BECTON DICKINSON & CO | BDX | $1.26B | 2.7% | +25% shares |
| FOMENTO ECONOMICO MEXICANO S | FMX | $1.23B | 2.6% | unchanged |
| BANK NEW YORK MELLON CORP | BNY | $1.17B | 2.5% | unchanged |
| SCHLUMBERGER LTD | SLB | $1.17B | 2.5% | unchanged |
| ALPHABET INC | GOOG | $1.12B | 2.4% | +8% shares |
| C H ROBINSON WORLDWIDE INC | CHRW | $1.10B | 2.3% | unchanged |
| EXXON MOBIL CORP | XOM | $1.04B | 2.2% | unchanged |
| TAIWAN SEMICONDUCTOR MFG LTD | TSM | $937.11M | 2.0% | unchanged |
| SPDR GOLD TR | GLD | $903.74M | 1.9% | unchanged |
| BARRICK GOLD CORP | $886.81M | 1.9% | -2% shares | |
| MEDTRONIC PLC | $882.03M | 1.9% | unchanged | |
| UNIVERSAL HLTH SVCS INC | UHS | $878.76M | 1.9% | unchanged |
| NEWMONT CORP | NEM | $848.97M | 1.8% | unchanged |
| COLGATE PALMOLIVE CO | CL | $817.03M | 1.7% | unchanged |
| AMBEV SA | ABEV | $795.87M | 1.7% | unchanged |
| BERKSHIRE HATHAWAY INC DEL | BRK/A | $728.18M | 1.5% | unchanged |
What changed since Q4 2024
Against the Q4 2024 filing, First Eagle Investment Management opened 17 new positions, added to 176, trimmed 114, left 103 unchanged and exited 29. Every position is compared, matched on its CUSIP; a change of 2% or less in shares counts as unchanged.
Exited
- SCHWwas $235.03M
- SPYwas $25.20M
- OUTFRONT MEDIA INCwas $14.01M
- H & E EQUIPMENT SERVICES INCwas $13.19M
- ASHwas $11.15M
- SUMMIT MATLS INCwas $11.00M
- SDAwas $10.55M
- ARCH RESOURCES INCwas $9.76M
and 21 more
Other quarters
Source: SEC Form 13F-HR, accession 0001325447-25-000026, 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.