First Eagle Investments

First Eagle Investments

First Eagle Investments is a prominent American investment management firm based in New York City, with a rich history dating back to its founding in 1864 in Dresden, Germany. Initially established as Arnhold Brothers, the firm relocated to the United States in the 1930s and has since evolved into a significant player in asset management, offering a diverse range of investment strategies that encompass equities, fixed income, multi-asset, and alternative credit. With approximately $181 billion in assets under management as of December 31, 2025, First Eagle is recognized for its disciplined investment approach and commitment to long-term value creation. The firm’s investment philosophy centers on a value-oriented strategy, focusing on fundamental analysis to identify undervalued securities across various sectors. First Eagle Investments employs a thorough research process and risk management practices to navigate market fluctuations, aiming to deliver consistent returns to its clients. Recent disclosures reveal a dynamic trading record, with a total of 200 filings reflecting position changes, including 100 increases and 58 reductions, as well as 19 exits. The latest disclosure, dated May 14, 2026, highlights significant activity with Automatic Data Processing, Inc. (ADP), which saw a notable move valued at approximately $579 million. The firm has shown a concentrated interest in technology and industrial sectors, with 31 and 27 respective disclosures in these areas.

History Trades

CompanyValueActionChangePriceLast Price
Philip Morris International IncPM$-306.1MTrimQ3 2025 13F$306M$168.25$192.12
Wheaton Precious Metals CorpWPM$294.0MAddQ3 2025 13F$294M$97.71$109.96
First Eagle Investments add Unmapped 13F securityPORTFOLIO$885M5.3M sharesAddQ3 2025 13F$257M$168.39--
Alphabet IncGOOGL$216.5MAddQ3 2025 13F$217M$209.46$370.92
Flowserve CorporationFLS$-204.7MExitQ3 2025 13F$205M$54.29$66.74
Imperial Oil Limited Common StockIMO$196.0MAddQ3 2025 13F$196M$93.63$122.75
PAN AMERICAN SILVER CORPPAAS$178.0MOtherQ3 2025 13F$178M--$43.57
MAG Silver Corp.MAG$-165.8MExitQ3 2025 13F$166M--$24.47
Willis Towers Watson Public Limited Company - Ordinary SharesWTW$157.4MAddQ3 2025 13F$157M$343.15$292.71
SPDR Gold TrustGLD$153.3MAddQ3 2025 13F$153M$318.67$372.35
Comcast CorporationCMCSA$-152.6MTrimQ3 2025 13F$153M$30.65$23.88
Royal Gold, Inc. - Common StockRGLD$-143.8MTrimQ3 2025 13F$144M--$193.02
Texas Instruments IncTXN$-136.7MTrimQ3 2025 13F$137M$195.51$284.55
Universal Health Services, Inc. Common StockUHS$107.8MAddQ3 2025 13F$108M$179.92$148.02
The Kraft Heinz CoKHC$-102.6MExitQ3 2025 13F$103M$27.17$25.45
First Eagle Investments exit Unmapped 13F securityPORTFOLIO$-886.8MExitQ2 2025 13F$887M----
Barrick Mining CorporationB$822.1MOtherQ2 2025 13F$822M$19.54$35.13
Oracle CorporationORCL$720.1MAddQ2 2025 13F$720M$138.48$132.54
Taiwan Semiconductor Manufacturing Co LtdTSM$578.8MAddQ2 2025 13F$579M$184.95$424.61
iShares iBoxx $ High Yield Corporate Bond ETFHYG$449.6MAddQ2 2025 13F$450M$77.78$79.81
Meta Platforms, Inc.META$2B3.3M sharesAddQ2 2025 13F$417M$617.26$681.31
Berkshire Hathaway Inc.BRK-A$-255.2MTrimQ2 2025 13F$255M$762,376.24$733,180.00
Becton Dickinson and CoBDX$249.5MAddQ2 2025 13F$250M$144.66$154.48
ONEOK IncOKE$241.7MAddQ2 2025 13F$242M$83.62$91.03
Salesforce, Inc. Common StockCRM$240.8MAddQ2 2025 13F$241M$267.36$172.68
Brown & Brown IncBRO$-239.1MExitQ2 2025 13F$239M--$69.24
Schlumberger N.V. Common StockSLB$-236.8MTrimQ2 2025 13F$237M--$46.79
Bio-Rad Laboratories IncBIO$226.0MAddQ2 2025 13F$226M--$300.98
Alphabet Inc.GOOG$1B7.5M sharesAddQ2 2025 13F$211M$165.11$370.21
International Flavors & Fragrances, Inc.IFF$210.1MAddQ2 2025 13F$210M--$75.31
Exxon Mobil Corp (2)XOM$840M7.8M sharesTrimQ2 2025 13F$195M$110.28$144.49
Nutrien LtdNTR$194.5MAddQ2 2025 13F$195M--$68.33
Wheaton Precious Metals CorpWPM$182.6MAddQ2 2025 13F$183M$84.08$109.96
Willis Towers Watson Public Limited Company - Ordinary SharesWTW$-181.6MTrimQ2 2025 13F$182M$310.55$292.71
Elevance Health, Inc. Common StockELV$-165.1MTrimQ2 2025 13F$165M$402.74$384.48
SPDR Gold TrustGLD$-157.2MTrimQ2 2025 13F$157M$302.58$372.35
Texas Instruments IncTXN$151.4MAddQ2 2025 13F$151M$177.56$284.55
Dollar General CorporationDG$149.8MAddQ2 2025 13F$150M$101.16$125.95
Newmont CorporationNEM$148.5MAddQ2 2025 13F$149M--$90.29
PPG Industries IncPPG$130.7MAddQ2 2025 13F$131M--$115.70
iShares iBoxx $ High Yield Corporate Bond ETFHYG$518.2MOtherQ1 2025 13F$518M--$79.81
Wheaton Precious Metals CorpWPM$371.3MAddQ1 2025 13F$371M$66.73$109.96
Oracle CorporationORCL$-328.5MTrimQ1 2025 13F$329M$162.81$132.54
Philip Morris International IncPM$283.2MAddQ1 2025 13F$283M$141.65$192.12
Becton Dickinson and CoBDX$259.8MAddQ1 2025 13F$260M$182.40$154.48
Flowserve CorporationFLS$-250.4MTrimQ1 2025 13F$250M$56.79$66.74
Schwab (Charles) CorpSCHW$-235.0MExitQ1 2025 13F$235M$78.48$101.95
Elevance Health, Inc. Common StockELV$220.0MAddQ1 2025 13F$220M$434.96$384.48
Imperial Oil Limited Common StockIMO$217.9MAddQ1 2025 13F$218M--$122.75
HCA Healthcare IncHCA$210.8MAddQ1 2025 13F$211M$321.62$370.37
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