First Eagle Investment Management, LLC

Long Only Manager

First Eagle Investment Management, LLC is a Long Only Manager based in Downingtown, PA led by Mehdi Asif Mahmud, reporting $101.61B in AUM as of Q3 2025 with ORCL as the largest holding (5% allocation).

CEOMehdi Asif Mahmud

Portfolio Value: $54.9B
Positions: 399
Top Holding: ORCL at 4.53%
Last Reported: Q3 2025

Address131 Wallace Avenue, Suite 14, Downingtown, PA, 19335, United States

Top Holdings

Largest long holdings in First Eagle Investment Management, LLC's portfolio (34.3% of total portfolio)

See all holdings

GthenH

Holding	Sector	Position	Weight	Traded	Ownership	Owned Since
1 Oracle ORCL	Software - Infrastructure Technology	$2.5B	4.53%	-$649.4M Sold	0.31% 8.8M shares	≤ Q2 2013 Held for 12y 6m+
2 Meta Platforms, Inc. META	Internet Content & Information Communication Services	$2.4B	4.46%	-$726.3K Sold	0.13% 3.3M shares	≤ Q2 2013 Held for 12y 6m+
3 Wheaton Precious Metals WPM	Gold Basic Materials	$1.9B	3.50%	-$104.8M Sold	3.78% 17.2M shares	Q2 2017 Held for 8y 6m
4 Taiwan Semiconductor Manufacturing Company TSM	Semiconductors Technology	$1.9B	3.41%	+$2.0M Bought	— 6.7M shares	Q4 2022 Held for 3 years
5 Becton, Dickinson and Company BDX	Medical - Instruments & Supplies Healthcare	$1.9B	3.41%	+$226.1M Bought	3.49% 10.0M shares	Q4 2020 Held for 5 years
6 Alphabet Inc. GOOG	Internet Content & Information Communication Services	$1.8B	3.34%	+$3.7M Bought	0.06% 7.5M shares	Q2 2014 Held for 11y 6m
7 Imperial Oil IMO	Oil & Gas Integrated Energy	$1.8B	3.33%	-$31.5M Sold	3.96% 20.1M shares	Q3 2015 Held for 10y 3m
8 HCA Healthcare HCA	Medical - Care Facilities Healthcare	$1.7B	3.04%	-$123.8M Sold	1.68% 3.9M shares	Q2 2018 Held for 7y 6m
9 Willis Towers Watson WTW	Insurance - Brokers Financial Services	$1.5B	2.69%	-$9.8M Sold	4.37% 4.3M shares	≤ Q2 2013 Held for 12y 6m+
10 C.H. Robinson Worldwide CHRW	Integrated Freight & Logistics Industrials	$1.4B	2.55%	-$2.7M Sold	8.95% 10.6M shares	Q1 2017 Held for 8y 9m

See all holdings

GthenH

Changes

Portfolio activity, position movements, and quarter-over-quarter changes in First Eagle Investment Management, LLC's latest filing

See all changes

GthenC

Market Value

$54.9B

Prior: $49.9B

Q/Q Change

+9.93%

+$5.0B

Net Flows % of MV

-1.14%

Turnover Ratio

5.08%

New Purchases

39 stocks

$830.4M

Added To

185 stocks

+$1.4B

Sold Out Of

31 stocks

$618.2M

Reduced Holdings

166 stocks

-$2.2B

Increased Positions

Position	Shares Δ	Change
1 Workday, Inc. WDAY	New	0 → 2.3M +$556.3M
2 Pan American Silver PAAS	New	0 → 4.6M +$178.0M
3 SRTA Strata Critical Medical, Inc. Class A Common Stock SRTA	New	0 → 1.8M +$9.1M
4 SPDR S&P Regional Banking KRE	New	0 → 121.6K +$7.7M
5 Five9 FIVN	New	0 → 295.5K +$7.2M

Decreased Positions

Position	Shares Δ	Change
1 Flowserve FLS	Sold	3.9M → 0 −$204.7M
2 MAG Silver MAG	Sold	7.8M → 0 −$165.8M
3 The Kraft Heinz Company KHC	Sold	4.0M → 0 −$102.6M
4 SNY Sanofi SNY	Sold	355.7K → 0 −$17.2M
5 Kemper KMPR	Sold	200.3K → 0 −$12.9M

See all changes

GthenC

Analytics

Portfolio insights and performance metrics for First Eagle Investment Management, LLC

View analytics

GthenA

Sector Allocation

Basic Materials

15.50%

Technology

14.40%

Healthcare

14.20%

Communication Services

13.70%

Energy

9.60%

Industrials

9.20%

Financial Services

8.30%

Consumer Defensive

4.30%

Real Estate

3.10%

Consumer Cyclical

0.80%

ETF

0.10%

Utilities

0.10%

Market Cap Distribution

Mega Cap (> $200B)

21.92%

Large Cap ($10B - $200B)

60.17%

Mid Cap ($2B - $10B)

6.06%

Small Cap ($300M - $2B)

1.64%

Micro Cap ($50M - $300M)

0.24%

Nano Cap (< $50M)

0.06%

N/A (ETF or Unknown)

9.92%

Portfolio Concentration

Top 10 Holdings %

34.26%

Top 20 Holdings %

54.62%

Top 50 Holdings %

88.23%

Top 100 Holdings %

96.89%