First Eagle Investment Management, LLC 13F: Quarter-over-Quarter Portfolio Changes
First Eagle Investment Management, LLC reported a disclosed portfolio value of approximately $59.9 billion in its latest SEC Form 13F-HR filing for Q2 2026, down 20.7% quarter on quarter. Over the quarter, the manager initiated 44 new positions, bought more shares in 258 holdings, trimmed 100 holdings, and exited 41 positions.
First Eagle Investment Management, LLC's top buy was a new stake in Booking Hldgs INC (BKNG) , equal to 1.5% of the disclosed portfolio. Its top sell was Strategy INC (MSTR 0 12/01/29) . The manager exited the position completely after it had accounted for 22.0% of the previous portfolio.
New PositionsQ2 2026
Securities disclosed for the first time in Q2 2026 that were not present in the prior 13F-HR filing.
Top BuysQ2 2026
Showing the top 10 buys among 258 existing positions where the manager bought more shares in Q2 2026. Ranked by portfolio-weight impact, with the percentage of additional shares shown separately.
| Company | Ticker | Portfolio Weight Change | More Shares | History |
|---|---|---|---|---|
| MARKETAXESS HLDGS INC | MKTX | +0.0% | +225250.0% | Holders → |
| UNITED RENTALS INC | URI | +0.0% | +6833.3% | Holders → |
| ENSIGN GROUP INC | ENSG | +0.0% | +5080.4% | Holders → |
| STRIDE INC | LRN | +0.0% | +3831.6% | Holders → |
| ARLO TECHNOLOGIES INC | ARLO | +0.0% | +713.2% | Holders → |
| ELEMENT SOLUTIONS INC | ESI | +0.0% | +548.8% | Holders → |
| GATES INDL CORP PLC | GTES | +0.0% | +542.9% | Holders → |
| STERIS PLC | STE | +0.0% | +427.8% | Holders → |
| TARGA RES CORP | TRGP | +0.0% | +381.0% | Holders → |
| TELEDYNE TECHNOLOGIES INC | TDY | +0.0% | +371.4% | Holders → |
Top SellsQ2 2026
Showing the top 10 sells among 100 existing positions where the manager sold shares in Q2 2026. Ranked by portfolio-weight impact. Full exits are listed separately.
| Company | Ticker | Portfolio Weight Change | Shares Sold | History |
|---|---|---|---|---|
| TEXAS INSTRS INC | TXN | -0.9% | 98.6% | Holders → |
| HOULIHAN LOKEY INC | HLI | -0.0% | 98.2% | Holders → |
| DENTSPLY SIRONA INC | XRAY | -0.2% | 94.4% | Holders → |
| OLIN CORP | OLN | -0.0% | 81.2% | Holders → |
| SUNBELT RENTALS HOLDINGS INC | SUNB | -0.0% | 73.9% | Holders → |
| MATIV HOLDINGS INC | MATV | -0.0% | 71.2% | Holders → |
| ETHAN ALLEN INTERIORS INC | ETD | -0.0% | 66.4% | Holders → |
| EXPEDITORS INTL WASH INC | EXPD | -0.6% | 66.0% | Holders → |
| VIAVI SOLUTIONS INC | VIAV | -0.0% | 62.0% | Holders → |
| WESTLAKE CORPORATION | WLK | -0.0% | 60.2% | Holders → |
Full ExitsQ2 2026
Positions present in the prior 13F-HR filing that no longer appear in Q2 2026.
Net Portfolio Value ChangeQ2 2026
- $75.6BPrior quarter
- $59.9BCurrent quarter
- $-15.7BNet delta
- -20.7%% change
Methodology & FAQ
How First Eagle Investment Management, LLC Quarterly Changes Are Computed
All deltas are sourced from sequential SEC Form 13F-HR filings for First Eagle Investment Management, LLC: each row joins the most recent filing against the immediately preceding quarterly filing for the same fund. Share-count changes reflect reported trading activity, while portfolio weights can also move because of market price changes. Portfolio weights are normalized to exclude listed options for comparability. A complete description, including how confidential treatment filings are handled, is documented in the Methodology.
What stocks did First Eagle Investment Management, LLC buy in Q2 2026?
In Q2 2026, First Eagle Investment Management, LLC initiated 44 new positions (BOOKING HLDGS INC (BKNG), WARRIOR MET COAL INC (HCC), BANK OF AMER CORP (SYN_060505682), WELLS FARGO PERP PFD CNV A (SYN_949746804), STRATEGY INC (UNKNOWN), GRIFFON CORP (GFF), SYNAPTICS INC (SYNA), STAR BULK CARRIERS CORP. (SBLK), ITRON INC (ITRI), DINE BRANDS GLOBAL INC (DIN), CEVA INC (CEVA), GROCERY OUTLET HLDG CORP (GO), PARSONS CORP DEL (PSN), CADRE HLDGS INC (CDRE), ALKAMI TECHNOLOGY INC (ALKT), TERADATA CORP DEL (TDC), FLOTEK INDUSTRIES INC (FTK), AMN HEALTHCARE SERVICES INC (AMN), COURSERA INC (COUR), BRC GROUP HOLDINGS INC (RILY), CAL MAINE FOODS INC (CALM), ESAB CORPORATION (ESAB), ORASURE TECHNOLOGIES INC (OSUR), FORBRIGHT INC (FRBT), CERTARA INC (CERT), WENDYS CO (WEN), APPLIED AEROSPACE & DEFENSE (AADX), RICHARDSON ELECTRS LTD (RELL), SONIDA SENIOR LIVING INC (SNDA), WABASH NATL CORP (WNC), VAREX IMAGING CORP (VREX), MATADOR RESOURCES CO. (MTDR), FLEXSTEEL INDS INC (FLXS), VOYA FINANCIAL INC (VOYA), CELSIUS HLDGS INC (CELH), INNIO NV (INIO), BAKER HUGHES COMPANY (BKR), DPC HOLDINGS PLC (DPC), DOW HLDGS INC (DOW), LANTHEUS HLDGS INC (LNTH), SANMINA CORP (SANM), HURCO CO (HURC), BUILDERS FIRSTSOURCE INC (BLDR), ON HLDG AG (ONON)); bought more shares of MARKETAXESS HLDGS INC (MKTX), UNITED RENTALS INC (URI), ENSIGN GROUP INC (ENSG), STRIDE INC (LRN), ARLO TECHNOLOGIES INC (ARLO) (the largest 5 of 258 adds).
What stocks did First Eagle Investment Management, LLC sell in Q2 2026?
In Q2 2026, First Eagle Investment Management, LLC fully sold 41 positions (STRATEGY INC (MSTR 0 12/01/29), EXXON MOBIL CORP (XOM), VERSANT MEDIA GROUP, INC. (VSNT), BANK OF AMER CORP (BAC 7.25 PERP L), WELLS FARGO PERP PFD CNV A (WFC 7.5 PERP L), THERMON GROUP HLDGS INC (THR), CENTURY COMMUNITIES INC (CCS), BEAZER HOMES USA INC (BZH), EAGLE MATLS INC (EXP), STATE STR SPDR S&P 500 ETF T (SPY), FERROGLOBE PLC (GSM), FORESTAR GROUP INC (FOR), JANUS INTERNATIONAL GROUP IN (JBI), GXO LOGISTICS INCORPORATED (GXO), KEMPER CORP (KMPR), QUINSTREET INC (QNST), ALLEGIANT TRAVEL CO (ALGT), GEOSPACE TECHNOLOGIES CORP (GEOS), ACCO BRANDS CORP (ACCO), BETA BIONICS INC (BBNX), ADVANSIX INC (ASIX), XEROX HOLDINGS CORP (XRX), CLARUS CORP NEW (CLAR), EXPAND ENERGY CORPORATION (EXE), UNIVERSAL ELECTRS INC (UEIC), ALPHA & OMEGA SEMICONDUCTOR (AOSL), ADVANCED DRA SYS (WMS), STANDARDAERO INC (SARO), CHEWY INC (CHWY), CERAGON NETWORKS LTD (CRNT), ANALOG DEVICES INC (ADI), V F CORP (VFC), JONES LANG LASALLE INC (JLL), GRAND CANYON ED INC (LOPE), WASTE CONNECTIONS INC (WCN), MSA SAFETY INC (MSA), DEXCOM INC (DXCM), CLOROX CO DEL (CLX), DOORDASH INC (DASH), ECOLAB INC (ECL), LPL FINL HLDGS INC (LPLA)); reduced holdings in TEXAS INSTRS INC (TXN), HOULIHAN LOKEY INC (HLI), DENTSPLY SIRONA INC (XRAY), OLIN CORP (OLN), SUNBELT RENTALS HOLDINGS INC (SUNB) (the largest 5 of 100 reductions).
Which positions did First Eagle Investment Management, LLC initiate in Q2 2026?
First Eagle Investment Management, LLC established 44 new positions in Q2 2026: BOOKING HLDGS INC (BKNG, 1.5%), WARRIOR MET COAL INC (HCC, 0.5%), BANK OF AMER CORP (SYN_060505682, 0.1%), WELLS FARGO PERP PFD CNV A (SYN_949746804, 0.0%), STRATEGY INC (UNKNOWN, 0.0%), GRIFFON CORP (GFF, 0.0%), SYNAPTICS INC (SYNA, 0.0%), STAR BULK CARRIERS CORP. (SBLK, 0.0%), ITRON INC (ITRI, 0.0%), DINE BRANDS GLOBAL INC (DIN, 0.0%), CEVA INC (CEVA, 0.0%), GROCERY OUTLET HLDG CORP (GO, 0.0%), PARSONS CORP DEL (PSN, 0.0%), CADRE HLDGS INC (CDRE, 0.0%), ALKAMI TECHNOLOGY INC (ALKT, 0.0%), TERADATA CORP DEL (TDC, 0.0%), FLOTEK INDUSTRIES INC (FTK, 0.0%), AMN HEALTHCARE SERVICES INC (AMN, 0.0%), COURSERA INC (COUR, 0.0%), BRC GROUP HOLDINGS INC (RILY, 0.0%), CAL MAINE FOODS INC (CALM, 0.0%), ESAB CORPORATION (ESAB, 0.0%), ORASURE TECHNOLOGIES INC (OSUR, 0.0%), FORBRIGHT INC (FRBT, 0.0%), CERTARA INC (CERT, 0.0%), WENDYS CO (WEN, 0.0%), APPLIED AEROSPACE & DEFENSE (AADX, 0.0%), RICHARDSON ELECTRS LTD (RELL, 0.0%), SONIDA SENIOR LIVING INC (SNDA, 0.0%), WABASH NATL CORP (WNC, 0.0%), VAREX IMAGING CORP (VREX, 0.0%), MATADOR RESOURCES CO. (MTDR, 0.0%), FLEXSTEEL INDS INC (FLXS, 0.0%), VOYA FINANCIAL INC (VOYA, 0.0%), CELSIUS HLDGS INC (CELH, 0.0%), INNIO NV (INIO, 0.0%), BAKER HUGHES COMPANY (BKR, 0.0%), DPC HOLDINGS PLC (DPC, 0.0%), DOW HLDGS INC (DOW, 0.0%), LANTHEUS HLDGS INC (LNTH, 0.0%), SANMINA CORP (SANM, 0.0%), HURCO CO (HURC, 0.0%), BUILDERS FIRSTSOURCE INC (BLDR, 0.0%), ON HLDG AG (ONON, 0.0%).
Which existing positions saw the largest allocation increases for First Eagle Investment Management, LLC in Q2 2026?
Of 258 existing positions with share-count increases in Q2 2026, the largest were: MARKETAXESS HLDGS INC (MKTX, +0.0% weight, +225250.0% shares), UNITED RENTALS INC (URI, +0.0% weight, +6833.3% shares), ENSIGN GROUP INC (ENSG, +0.0% weight, +5080.4% shares), STRIDE INC (LRN, +0.0% weight, +3831.6% shares), ARLO TECHNOLOGIES INC (ARLO, +0.0% weight, +713.2% shares), ELEMENT SOLUTIONS INC (ESI, +0.0% weight, +548.8% shares), GATES INDL CORP PLC (GTES, +0.0% weight, +542.9% shares), STERIS PLC (STE, +0.0% weight, +427.8% shares), TARGA RES CORP (TRGP, +0.0% weight, +381.0% shares), TELEDYNE TECHNOLOGIES INC (TDY, +0.0% weight, +371.4% shares).
Which positions did First Eagle Investment Management, LLC fully exit in Q2 2026?
First Eagle Investment Management, LLC fully exited 41 positions in Q2 2026: STRATEGY INC (MSTR 0 12/01/29, last-reported weight 22.0%), EXXON MOBIL CORP (XOM, last-reported weight 1.4%), VERSANT MEDIA GROUP, INC. (VSNT, last-reported weight 0.1%), BANK OF AMER CORP (BAC 7.25 PERP L, last-reported weight 0.0%), WELLS FARGO PERP PFD CNV A (WFC 7.5 PERP L, last-reported weight 0.0%), THERMON GROUP HLDGS INC (THR, last-reported weight 0.0%), CENTURY COMMUNITIES INC (CCS, last-reported weight 0.0%), BEAZER HOMES USA INC (BZH, last-reported weight 0.0%), EAGLE MATLS INC (EXP, last-reported weight 0.0%), STATE STR SPDR S&P 500 ETF T (SPY, last-reported weight 0.0%), FERROGLOBE PLC (GSM, last-reported weight 0.0%), FORESTAR GROUP INC (FOR, last-reported weight 0.0%), JANUS INTERNATIONAL GROUP IN (JBI, last-reported weight 0.0%), GXO LOGISTICS INCORPORATED (GXO, last-reported weight 0.0%), KEMPER CORP (KMPR, last-reported weight 0.0%), QUINSTREET INC (QNST, last-reported weight 0.0%), ALLEGIANT TRAVEL CO (ALGT, last-reported weight 0.0%), GEOSPACE TECHNOLOGIES CORP (GEOS, last-reported weight 0.0%), ACCO BRANDS CORP (ACCO, last-reported weight 0.0%), BETA BIONICS INC (BBNX, last-reported weight 0.0%), ADVANSIX INC (ASIX, last-reported weight 0.0%), XEROX HOLDINGS CORP (XRX, last-reported weight 0.0%), CLARUS CORP NEW (CLAR, last-reported weight 0.0%), EXPAND ENERGY CORPORATION (EXE, last-reported weight 0.0%), UNIVERSAL ELECTRS INC (UEIC, last-reported weight 0.0%), ALPHA & OMEGA SEMICONDUCTOR (AOSL, last-reported weight 0.0%), ADVANCED DRA SYS (WMS, last-reported weight 0.0%), STANDARDAERO INC (SARO, last-reported weight 0.0%), CHEWY INC (CHWY, last-reported weight 0.0%), CERAGON NETWORKS LTD (CRNT, last-reported weight 0.0%), ANALOG DEVICES INC (ADI, last-reported weight 0.0%), V F CORP (VFC, last-reported weight 0.0%), JONES LANG LASALLE INC (JLL, last-reported weight 0.0%), GRAND CANYON ED INC (LOPE, last-reported weight 0.0%), WASTE CONNECTIONS INC (WCN, last-reported weight 0.0%), MSA SAFETY INC (MSA, last-reported weight 0.0%), DEXCOM INC (DXCM, last-reported weight 0.0%), CLOROX CO DEL (CLX, last-reported weight 0.0%), DOORDASH INC (DASH, last-reported weight 0.0%), ECOLAB INC (ECL, last-reported weight 0.0%), LPL FINL HLDGS INC (LPLA, last-reported weight 0.0%).
Which existing positions saw the largest allocation reductions for First Eagle Investment Management, LLC in Q2 2026?
Of 100 existing positions with share-count reductions in Q2 2026, the largest were: TEXAS INSTRS INC (TXN, -0.9% weight, -98.6% shares), HOULIHAN LOKEY INC (HLI, -0.0% weight, -98.2% shares), DENTSPLY SIRONA INC (XRAY, -0.2% weight, -94.4% shares), OLIN CORP (OLN, -0.0% weight, -81.2% shares), SUNBELT RENTALS HOLDINGS INC (SUNB, -0.0% weight, -73.9% shares), MATIV HOLDINGS INC (MATV, -0.0% weight, -71.2% shares), ETHAN ALLEN INTERIORS INC (ETD, -0.0% weight, -66.4% shares), EXPEDITORS INTL WASH INC (EXPD, -0.6% weight, -66.0% shares), VIAVI SOLUTIONS INC (VIAV, -0.0% weight, -62.0% shares), WESTLAKE CORPORATION (WLK, -0.0% weight, -60.2% shares).
Do quarter-over-quarter 13F allocation changes constitute explicit trading signals?
No. Quarter-over-quarter changes reflect a combination of active trading and market price movement. A weight increase can result from price appreciation alone, without the manager adding shares. Share-count delta is the cleaner indicator of explicit trading activity. All deltas on this page are sourced from sequential SEC Form 13F-HR filings.