First Eagle Investment Management
Superinvestor profile · Rank #5 of 149 tracked managers by reported 13F value · CIK 0001325447 · All profiles
Founded 1864New York City, New York, U.S.Global value with a downside-protection (margin of safety) focusKey person: Mehdi Mahmud (president and CEO)
Reported 13F value
$60.8B
Period 2026-06-30 · Filed 2026-08-24
Positions
425
Top 10 = 28.6% of value
Clone CAGR (full window)
+13.9%
2016-11-07 → 2026-10-02 · cumulative +263%
SPY CAGR (same window)
+15.7%
Cumulative +323%
Max drawdown (monthly)
-27%
Month-end values, approximate
Latest-quarter activity
41 new · 41 exited
258 increased · 101 decreased
Hypothetical clone — not this fund's returns. The performance on this page replicates only the long U.S. equity positions disclosed on this manager's Form 13F filings, rebalanced on filing dates at disclosed weights with dividend-adjusted prices. It excludes shorts, bonds, cash, non-U.S. listings, private holdings, leverage and fees. Treat it as a measure of how the disclosed stock picks performed, never as the fund's track record. Evidence: filing-by-filing dossier (PDF) · Methodology (PDF)
Clone performance
| Window | Clone CAGR | Note |
|---|---|---|
| Full window (2016-11-07 → 2026-10-02, 40 filings) | +13.92% | Cumulative +263.3% vs SPY +322.8% |
| Trailing 10Y | — | |
| Trailing 5Y | +14.95% | |
| Trailing 3Y | +22.67% | |
| Trailing 1Y | +17.94% |
Top holdings — 2026 Q2 filing
| Ticker | Company | Weight | Reported value |
|---|---|---|---|
| GOOG | Alphabet Inc | 4.26% | $2.6B |
| BDX | Becton Dickinson & Co | 3.44% | $2.1B |
| META | Meta Platforms Inc | 2.98% | $1.8B |
| TSM | Taiwan Semiconductor Manufac | 2.94% | $1.8B |
| Fomento Economico Mexicano S | 2.74% | $1.7B | |
| ELV | Elevance Health Inc Formerly | 2.67% | $1.6B |
| WPM | Wheaton Precious Metals Corp | 2.63% | $1.6B |
| IMO | Imperial Oil Ltd | 2.51% | $1.5B |
| SLB | Slb Limited | 2.21% | $1.3B |
| BNY | Bank Of Ny Mellon Corp | 2.21% | $1.3B |
As reported on the 2026-06-30 Form 13F (filed 2026-08-24). Full holdings and quarter changes: holdings page.
Filing history in this profile
Every clone input traces to one of these SEC filings. 89.9% of the latest filing's reported value is covered by our price history; the remainder is mostly non-U.S. listings, recent IPOs or delisted names and is excluded from the clone.
| Quarter | SEC accession no. | Filed | Disclosed CUSIPs |
|---|---|---|---|
| 2026Q2 | 0001325447-26-000033 | 2026-08-24 | 424 |
| 2026Q1 | 0001325447-26-000018 | 2026-05-14 | 420 |
| 2025Q4 | 0001325447-26-000004 | 2026-02-04 | 422 |
| 2025Q3 | 0001325447-25-000039 | 2025-11-12 | 404 |
| 2025Q2 | 0001325447-25-000033 | 2025-08-06 | 391 |
| 2025Q1 | 0001325447-25-000026 | 2025-05-12 | 410 |
| 2024Q4 | 0001325447-25-000006 | 2025-02-10 | 422 |
| 2024Q3 | 0001325447-24-000031 | 2024-11-12 | 393 |
| 2024Q2 | 0001325447-24-000028 | 2024-08-12 | 397 |
| 2024Q1 | 0001325447-24-000023 | 2024-05-09 | 403 |
| 2023Q4 | 0001325447-24-000002 | 2024-02-08 | 410 |
| 2023Q3 | 0001325447-23-000021 | 2023-11-08 | 402 |
| 2023Q2 | 0001325447-23-000018 | 2023-08-09 | 388 |
| 2023Q1 | 0001325447-23-000016 | 2023-05-11 | 393 |
| 2022Q4 | 0001325447-23-000002 | 2023-02-09 | 393 |
| 2022Q3 | 0001325447-22-000016 | 2022-11-10 | 394 |
| 2022Q2 | 0001325447-22-000013 | 2022-08-10 | 390 |
| 2022Q1 | 0001325447-22-000012 | 2022-05-11 | 381 |
| 2021Q4 | 0001325447-22-000002 | 2022-02-10 | 361 |
| 2021Q3 | 0001325447-21-000018 | 2021-11-10 | 311 |
| 2021Q2 | 0001325447-21-000016 | 2021-08-11 | 295 |
| 2021Q1 | 0001325447-21-000014 | 2021-05-13 | 98 |
| 2020Q4 | 0001325447-21-000002 | 2021-02-10 | 96 |
| 2020Q3 | 0001325447-20-000026 | 2020-11-10 | 96 |
| 2020Q2 | 0001325447-20-000024 | 2020-08-10 | 98 |
| 2020Q1 | 0001325447-20-000022 | 2020-05-12 | 107 |
| 2019Q4 | 0001325447-20-000014 | 2020-02-10 | 102 |
| 2019Q3 | 0001325447-19-000045 | 2019-11-12 | 102 |
| 2019Q2 | 0001325447-19-000034 | 2019-08-13 | 144 |
| 2019Q1 | 0001325447-19-000031 | 2019-05-13 | 150 |
| 2018Q4 | 0001325447-19-000006 | 2019-02-11 | 160 |
| 2018Q3 | 0001325447-18-000041 | 2018-11-13 | 164 |
| 2018Q2 | 0001325447-18-000039 | 2018-08-13 | 167 |
| 2018Q1 | 0001325447-18-000037 | 2018-05-04 | 164 |
| 2017Q4 | 0001325447-18-000002 | 2018-02-05 | 320 |
| 2017Q3 | 0001325447-17-000045 | 2017-11-06 | 339 |
| 2017Q2 | 0001325447-17-000042 | 2017-08-04 | 321 |
| 2017Q1 | 0001325447-17-000039 | 2017-05-05 | 319 |
| 2016Q4 | 0001325447-17-000003 | 2017-02-06 | 329 |
| 2016Q3 | 0001325447-16-000106 | 2016-11-07 | 344 |
Background (founded / HQ / style) source: https://en.wikipedia.org/wiki/First_Eagle_Investment_Management — Founded in 1864 in Dresden, Germany, as Arnhold Brothers; later Arnhold and S. Bleichroeder. Relocated its headquarters to New York City in 1937 and was renamed First Eagle Investment Management in 2009. Long associated with global value manager Jean-Marie Eveillard (joined 1979).