First Eagle
Portfolio value$60.8B
Positions425
QuarterQ2 2026ended 2026-06-30
Filed08/242026
First Eagle Investment Management, LLC's Q2 2026 13F, filed Aug 24, 2026, reports 425 positions worth $60.8B. The ten largest are 28.6% of the book, led by Alphabet (Class C) at 4.3%, Becton Dickinson at 3.4% and Meta Platforms at 3.0%. Against Q1 2026: 41 bought, 258 added to, 101 reduced, 41 sold; the largest moves were reduced Texas Instruments (−99%) and bought Booking Holdings.
Where the money is
GOOG415 other
Holdings
| Ticker | Issuer | Weight | Value | Q-end → now | Price vs model | Change |
|---|---|---|---|---|---|---|
| GOOG | Alphabet INC | 4.3% | $2.6B7.3M sh | 353.33 → −5% | 49% overvalued | reduced −1% |
| BDX | Becton Dickinson & CO | 3.4% | $2.1B13.8M sh | 151.33 → +27% | 14% undervalued | added +16% |
| META | Meta Platforms INC | 3.0% | $1.8B3.2M sh | 563.29 → +26% | 10% overvalued | added +1% |
| TSM | Taiwan Semiconductor Manufac | 2.9% | $1.8B3.7M sh | 477.57 | — | reduced −4% |
| FMX | Fomento Economico Mexicano S | 2.7% | $1.7B13.0M sh | 127.90 | — | added +1% |
| ELV | Elevance Health INC Formerly | 2.7% | $1.6B4.2M sh | 386.73 → +11% | 20% undervalued | added +1% |
| WPM | Wheaton Precious Metals Corp | 2.6% | $1.6B14.2M sh | 112.32 | — | added +0% |
| IMO | Imperial Oil LTD | 2.5% | $1.5B13.6M sh | 112.17 | — | reduced −3% |
| SLB | Slb Limited | 2.2% | $1.3B28.9M sh | 46.49 → +6% | 22% undervalued | added +2% |
| BNY | Bank Of Ny Mellon Corp | 2.2% | $1.3B9.3M sh | 144.61 → −1% | 57% overvalued | reduced −6% |
| HCA | Hca Healthcare INC | 2.1% | $1.3B3.3M sh | 389.89 → +18% | 29% undervalued | added +1% |
| ORCL | Oracle Corp | 2.1% | $1.2B8.5M sh | 146.55 → −13% | 30% undervalued | added +1% |
| WY | Weyerhaeuser CO | 2.0% | $1.2B51.2M sh | 23.94 → −18% | 3% overvalued | added +11% |
| WTW | Willis Towers Watson PLC LTD | 1.9% | $1.2B4.5M sh | 261.37 → +21% | 41% undervalued | added +3% |
| ADP | Automatic Data Processing In | 1.9% | $1.2B5.2M sh | 223.95 → +29% | 65% overvalued | added +82% |
| CRM | Salesforce INC | 1.9% | $1.1B7.3M sh | 156.66 → +54% | 37% overvalued | added +19% |
| FNV | Franco Nev Corp | 1.8% | $1.1B5.3M sh | 208.45 | — | reduced −0% |
| ABEV | Ambev SA | 1.8% | $1.1B349.3M sh | 3.14 | — | added +1% |
| NEM | Newmont Corp | 1.8% | $1.1B11.6M sh | 93.40 → +27% | 474% overvalued | reduced −4% |
| WDAY | Workday INC | 1.8% | $1.1B8.8M sh | 122.42 → +56% | 339% overvalued | added +16% |
| MDT | Medtronic PLC | 1.8% | $1.1B13.8M sh | 78.23 → +21% | 4% overvalued | added +37% |
| PM | Philip Morris Intl INC | 1.8% | $1.1B5.9M sh | 180.91 → +13% | 19% overvalued | added +1% |
| OKE | Oneok INC New | 1.7% | $1.0B11.8M sh | 86.94 → +7% | 29% undervalued | added +1% |
| CMCSA | Comcast Corp New | 1.5% | $937.1M38.2M sh | 24.55 → −11% | 83% undervalued | added +1% |
| GLD | Spdr Gold Tr | 1.5% | $917.9M2.5M sh | 368.38 | — | added +1% |
| BKNG | Booking Holdings INC | 1.4% | $876.3M4.9M sh | 178.24 → −8% | 18% undervalued | bought |
| XOM | Exxon Mobil Corp | 1.4% | $828.1M6.1M sh | 136.72 → +31% | 13% overvalued | reduced −3% |
| AEM | Agnico Eagle Mines LTD | 1.3% | $806.0M5.2M sh | 155.22 | — | reduced −0% |
| PPG | Ppg Inds INC | 1.3% | $789.6M6.5M sh | 121.29 → −11% | 10% undervalued | added +1% |
| BIO | Bio Rad Labs INC | 1.3% | $765.2M2.6M sh | 293.61 | — | added +0% |
| BRO | Brown & Brown INC | 1.2% | $752.3M11.7M sh | 64.15 → +8% | 35% undervalued | added +33% |
| CL | Colgate Palmolive CO | 1.2% | $752.3M8.2M sh | 91.68 → +3% | 36% overvalued | added +1% |
| IFF | International Flavors&fragra | 1.2% | $745.4M9.4M sh | 79.22 → +14% | 22% overvalued | added +1% |
| B | Barrick Mng Corp | 1.2% | $731.6M19.9M sh | 36.73 | — | reduced −3% |
| MSFT | Microsoft Corp | 1.2% | $723.7M1.9M sh | 373.02 → +42% | 10% overvalued | added +46% |
| CHRW | C H Robinson Worldwide In | 1.1% | $686.0M3.6M sh | 188.34 → −26% | 57% overvalued | reduced −36% |
| UHS | Universal Hlth Svcs INC | 1.1% | $677.2M4.6M sh | 148.69 → +24% | 57% undervalued | added +3% |
| EQR | Equity Residential | 1.1% | $647.3M9.5M sh | 67.93 | — | added +1% |
| BXP | Bxp INC | 1.0% | $627.8M9.5M sh | 66.31 → −11% | 16% undervalued | added +1% |
| NTR | Nutrien LTD | 1.0% | $627.7M10.0M sh | 62.95 | — | reduced −0% |
| NOV | Nov INC | 0.9% | $569.2M30.7M sh | 18.55 | — | reduced −16% |
| AXP | American Express CO | 0.9% | $568.3M1.7M sh | 338.25 → −7% | 23% overvalued | added +1% |
| EXR | Extra Space Storage INC | 0.9% | $563.3M3.9M sh | 145.30 → −4% | 14% undervalued | added +1% |
| USB | Us Bancorp | 0.9% | $551.0M9.1M sh | 60.40 → −3% | 10% undervalued | added +1% |
| OMC | Omnicom Group INC | 0.9% | $534.8M7.3M sh | 72.83 → +11% | 25% overvalued | added +1% |
| FISV | Fiserv INC | 0.9% | $532.6M10.9M sh | 49.05 → −3% | 83% undervalued | added +45% |
| NE | Noble Corp PLC | 0.9% | $520.6M14.0M sh | 37.30 | — | added +3% |
| DG | Dollar Gen Corp | 0.9% | $518.0M4.5M sh | 115.11 → +17% | 20% undervalued | added +1% |
| DIS | Disney Walt CO | 0.9% | $517.4M5.4M sh | 96.25 → +15% | 9% undervalued | added +2% |
| CHTR | Charter Communications INC | 0.8% | $510.2M3.6M sh | 142.21 → −23% | 64% undervalued | added +0% |
| WAT | Waters Corp | 0.8% | $500.7M1.3M sh | 375.04 → +17% | 73% overvalued | reduced −15% |
| CSL | Carlisle Cos INC | 0.7% | $447.8M1.2M sh | 362.75 | — | added +56% |
| CFR | Cullen Frost Bankers INC | 0.7% | $429.2M2.8M sh | 154.52 | — | added +23% |
| FNF | Fidelity Natl Finl INC | 0.7% | $423.4M9.0M sh | 47.16 | — | added +1% |
| BRK/A | Berkshire Hathaway INC Del | 0.7% | $423.1M565 sh | 748,850.00 | — | held |
| MICC | Magnum Ice Cream CO NV | 0.7% | $400.6M23.0M sh | 17.40 | — | added +1% |
| IPGP | Ipg Photonics Corp | 0.6% | $391.7M3.3M sh | 117.32 | — | reduced −27% |
| CMI | Cummins INC | 0.6% | $382.9M536,868 sh | 713.21 → −26% | 62% overvalued | reduced −30% |
| DE | Deere & CO | 0.6% | $340.6M536,879 sh | 634.33 → +1% | 80% overvalued | added +1% |
| EXPD | Expeditors Intl Wash INC | 0.5% | $329.4M2.0M sh | 162.98 → +20% | 80% overvalued | reduced −66% |
| HCC | Warrior Met Coal INC | 0.5% | $314.8M3.9M sh | 81.16 | — | bought |
| AGI | Alamos Gold INC | 0.3% | $186.9M6.2M sh | 30.29 | — | held |
| GOOGL | Alphabet INC | 0.3% | $185.4M518,922 sh | 357.37 → −5% | 51% overvalued | reduced −57% |
| CCU | Compania Cervecerias Unidas | 0.3% | $180.5M16.1M sh | 11.20 | — | reduced −0% |
| RGLD | Royal Gold INC | 0.3% | $172.0M861,786 sh | 199.61 | — | reduced −6% |
| DEI | Douglas Emmett INC | 0.3% | $164.7M14.0M sh | 11.80 | — | added +0% |
| FERG | Ferguson Enterprises INC | 0.3% | $156.4M659,054 sh | 237.33 → −2% | 37% overvalued | added +4% |
| KGC | Kinross Gold Corp | 0.2% | $151.5M6.4M sh | 23.62 | — | reduced −10% |
| AU | Anglogold Ashanti PLC | 0.2% | $120.6M1.5M sh | 80.89 | — | held |
| GFI | Gold Fields LTD | 0.2% | $118.8M3.5M sh | 33.59 | — | held |
| PAAS | Pan Amern Silver Corp | 0.2% | $108.3M2.4M sh | 44.78 | — | held |
| BTI | British Amern Tob PLC | 0.2% | $106.2M1.7M sh | 61.76 | — | added +3% |
| BIL | Spdr Series Trust | 0.2% | $98.7M1.1M sh | 91.64 | — | reduced −21% |
| SHEL | Shell PLC | 0.1% | $83.2M1.1M sh | 77.54 | — | added +2% |
| EPD | Enterprise Prods Partners L | 0.1% | $72.0M2.0M sh | 36.76 | — | added +1% |
| UL | Unilever PLC | 0.1% | $50.7M842,507 sh | 60.12 | — | added +5% |
| UCTT | Ultra Clean Hldgs INC | 0.1% | $49.6M347,930 sh | 142.59 | — | reduced −20% |
| ORLA | Orla Mng LTD New | 0.1% | $46.6M4.8M sh | 9.77 | — | held |
| NG | Novagold Resources INC | 0.1% | $44.7M7.5M sh | 5.97 | — | reduced −18% |
| DEO | Diageo PLC | 0.1% | $44.5M554,155 sh | 80.38 | — | added +248% |
| VSH | Vishay Intertechnology INC | 0.1% | $43.9M816,213 sh | 53.78 | — | reduced −23% |
| SIMO | Silicon Motion Technology CO | 0.1% | $41.9M125,737 sh | 333.33 | — | reduced −25% |
| KOF | Coca-cola Femsa Sab de Cv | 0.1% | $41.7M392,739 sh | 106.25 | — | held |
| LYG | Lloyds Banking Group PLC | 0.1% | $40.8M7.0M sh | 5.83 | — | reduced −5% |
| COHU | Cohu INC | 0.1% | $40.5M548,533 sh | 73.91 | — | added +16% |
| HLN | Haleon PLC | 0.1% | $39.4M4.2M sh | 9.33 | — | added +5% |
| BAC 7.25 PERP L | Bank Of Amer Corp | 0.1% | $37.2M29,641 sh | 1,254.50 | — | held |
| BKD | Brookdale Sr Living INC | 0.1% | $37.0M2.3M sh | 16.09 | — | added +23% |
| BTG | B2gold Corp | 0.1% | $36.4M9.7M sh | 3.75 | — | held |
| HNGE | Hinge Health INC | 0.1% | $35.7M430,142 sh | 83.00 | — | added +28% |
| MTRN | Materion Corp | 0.1% | $35.5M119,300 sh | 297.39 | — | added +17% |
| VECO | Veeco Instrs INC Del | 0.1% | $35.2M463,853 sh | 75.80 | — | added +19% |
| BHE | Benchmark Electrs INC | 0.1% | $34.6M350,964 sh | 98.67 | — | added +18% |
| AEIS | Advanced Energy Inds | 0.1% | $34.1M91,535 sh | 372.87 | — | added +12% |
| NPO | Enpro INC | 0.1% | $34.0M90,130 sh | 376.93 | — | added +29% |
| BRK/B | Berkshire Hathaway INC Del | 0.1% | $33.8M67,626 sh | 500.39 → +6% | 21% overvalued | added +17% |
| RELX | Relx PLC | 0.1% | $33.0M1.0M sh | 31.67 | — | added +30% |
| DCO | Ducommun INC Del | 0.1% | $32.7M176,376 sh | 185.21 | — | added +15% |
| ROG | Rogers Corp | 0.1% | $30.8M188,268 sh | 163.73 | — | added +43% |
| LINC | Lincoln Edl Svcs Corp | 0.1% | $30.7M615,530 sh | 49.90 | — | reduced −10% |
Source: the manager's Form 13F-HR on SEC EDGAR, kept as immutable quarterly snapshots; changes compare two consecutive filings. A 13F is filed up to 45 days after quarter end and covers US-listed long positions only. Tickers come from a self-maintained CUSIP map; a position without one shows its CUSIP. Method notes in where the numbers come from.