First Eagle Investment Management, LLC 13F: Quarter-over-Quarter Portfolio Changes
First Eagle Investment Management, LLC reported a disclosed portfolio value of approximately $75.6 billion in its latest SEC Form 13F-HR filing for Q1 2026, up 33.0% quarter on quarter. Over the quarter, the manager initiated 38 new positions, bought more shares in 230 holdings, trimmed 125 holdings, and exited 39 positions.
First Eagle Investment Management, LLC's top buy was a new stake in Strategy INC (MSTR 0 12/01/29) , equal to 22.0% of the disclosed portfolio. Its top sell was Analog Devices INC (ADI) . The manager sold 100.0% of its previously reported shares, reducing the position's portfolio weight by 1.0 percentage points.
New PositionsQ1 2026
Securities disclosed for the first time in Q1 2026 that were not present in the prior 13F-HR filing.
Top BuysQ1 2026
Showing the top 10 buys among 230 existing positions where the manager bought more shares in Q1 2026. Ranked by portfolio-weight impact, with the percentage of additional shares shown separately.
| Company | Ticker | Portfolio Weight Change | More Shares | History |
|---|---|---|---|---|
| REGAL REXNORD CORPORATION | RRX | +0.0% | +20738.5% | Holders → |
| WESTLAKE CORPORATION | WLK | +0.0% | +13330.2% | Holders → |
| ACCENTURE | ACN | +0.0% | +3426.5% | Holders → |
| ONTO INNOVATION INC | ONTO | +0.0% | +543.9% | Holders → |
| MISTRAS GROUP INC | MG | +0.0% | +264.6% | Holders → |
| HF SINCLAIR CORP | DINO | +0.0% | +263.6% | Holders → |
| SONOS INC | SONO | +0.0% | +187.7% | Holders → |
| BXP INC | BXP | +0.2% | +174.0% | Holders → |
| DIANA SHIPPING INC | DSX | +0.0% | +171.0% | Holders → |
| QUANTERIX CORP | QTRX | +0.0% | +144.6% | Holders → |
Top SellsQ1 2026
Showing the top 10 sells among 125 existing positions where the manager sold shares in Q1 2026. Ranked by portfolio-weight impact. Full exits are listed separately.
| Company | Ticker | Portfolio Weight Change | Shares Sold | History |
|---|---|---|---|---|
| ANALOG DEVICES INC | ADI | -1.0% | 100.0% | Holders → |
| ROSS STORES INC | ROST | -0.5% | 98.9% | Holders → |
| GENERAL DYNAMICS | GD | -0.0% | 98.7% | Holders → |
| CIENA CORP | CIEN | -0.0% | 93.6% | Holders → |
| VISHAY PRECISION GROUP INC | VPG | -0.0% | 70.0% | Holders → |
| TALKSPACE INC | TALK | -0.0% | 69.8% | Holders → |
| NATIONAL CINEMEDIA INC | NCMI | -0.0% | 65.3% | Holders → |
| WARBY PARKER INC | WRBY | -0.0% | 61.7% | Holders → |
| HECLA MINING COMPANY | HL | -0.0% | 60.9% | Holders → |
| CERAGON NETWORKS LTD | CRNT | -0.0% | 56.6% | Holders → |
Full ExitsQ1 2026
Positions present in the prior 13F-HR filing that no longer appear in Q1 2026.
Net Portfolio Value ChangeQ1 2026
- $56.8BPrior quarter
- $75.6BCurrent quarter
- +$18.8BNet delta
- +33.0%% 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 Q1 2026?
In Q1 2026, First Eagle Investment Management, LLC initiated 38 new positions (STRATEGY INC (MSTR 0 12/01/29), AUTOMATIC DATA PROCESSING IN (ADP), BROWN & BROWN, INC. (BRO), WATERS CORP (WAT), FISERV, INC. (FISV), CULLEN FROST BANKERS INC (CFR), VERSANT MEDIA GROUP INC (VSNT), RELX PLC (RELX), FULLER H B CO (FUL), PLEXUS CORP (PLXS), QUAKER HOUGHTON (KWR), STATE STR SPDR S&P 500 ETF T (SPY), LITHIA MOTORS INC (LAD), CABOT CORP (CBT), HUNTSMAN CORP (HUN), HERC HLDGS INC (HRI), I3 VERTICALS INC (IIIV), TALOS ENERGY INC (TALO), COVENANT LOGISTICS GROUP INC (CVLG), OLIN CORP (OLN), CROSS CTRY HEALTHCARE INC (CCRN), EXTREME NETWORKS (EXTR), BRAZE INC (BRZE), STEVANATO GROUP S P A (STVN), TENNANT CO (TNC), ELEMENT SOLUTIONS INC (ESI), GATES INDUSTRIAL CORPRATIN P (GTES), ARLO TECHNOLOGIES INC (ARLO), LFUS (LFUS), FIRST EAGLE ETF TR (FEMD), FIRST EAGLE ETF TR (USFE), HUNT J B TRANS SVCS INC (JBHT), ALPHA & OMEGA SEMICONDUCTOR (AOSL), CHEWY INC (CHWY), SUNBELT RENTALS HOLDINGS INC (SUNB), STRIDE INC (LRN), EXAGEN INC (XGN), CLOROX COMPANY (CLX)); bought more shares of REGAL REXNORD CORPORATION (RRX), WESTLAKE CORPORATION (WLK), ACCENTURE (ACN), ONTO INNOVATION INC (ONTO), MISTRAS GROUP INC (MG) — the largest 5 of 230 adds.
What stocks did First Eagle Investment Management, LLC sell in Q1 2026?
In Q1 2026, First Eagle Investment Management, LLC fully sold 39 positions (WEBSTER FINL CORP (WBS), MGIC INVT CORP WIS (MTG), F&G ANNUITIES & LIFE INC (FG), TELEFLEX INCORPORATED (TFX), CUSTOMERS BANCORP INC (CUBI), KRATOS DEFENSE & SEC SOLUTIO (KTOS), M/I HOMES INC (MHO), FIVE9 INC (FIVN), YETI HLDGS INC (YETI), THRYV HLDGS INC (THRY), SIMILARWEB LTD (SMWB), EMBECTA CORPORATION (EMBC), TREACE MED CONCEPTS INC (TMCI), MACERICH CO (MAC), AIR LEASE CORP (AL), CS DISCO INC (LAW), SILVACO GROUP INC (SVCO), RIBBON COMMUNICATIONS INC (RBBN), SANMINA CORP (SANM), FUBOTV INC (FUBOGBP), ASPEN AEROGELS INC (ASPN), CLEARWATER PAPER CORP (CLW), RBB FUND TRUST (FEOE), RBB FUND TRUST (FEGE), TIC SOLUTIONS INC (TIC), SMART SAND INC (SND), KYNDRYL HOLDINGS, INC. (KD), ROKU INC (ROKU), CBIZ INC (CBZ), WALKER & DUNLOP ORD (WD), LENNOX INTL INC (LII), KALTURA INC (KLTR), TRIMBLE INC (TRMB), DOMINION ENERGY, INC. (D), SEA LTD (SE), CITIZENS FINL GROUP INC (CFG), GENUINE PARTS CO (GPC), MASIMO CORP (MASI), D R HORTON, INC. (DHI) (DHI)); reduced holdings in ANALOG DEVICES INC (ADI), ROSS STORES INC (ROST), GENERAL DYNAMICS (GD), CIENA CORP (CIEN), VISHAY PRECISION GROUP INC (VPG) — the largest 5 of 125 reductions.
Which positions did First Eagle Investment Management, LLC initiate in Q1 2026?
First Eagle Investment Management, LLC established 38 new positions in Q1 2026: STRATEGY INC (MSTR 0 12/01/29, 22.0%), AUTOMATIC DATA PROCESSING IN (ADP, 0.8%), BROWN & BROWN, INC. (BRO, 0.8%), WATERS CORP (WAT, 0.6%), FISERV, INC. (FISV, 0.6%), CULLEN FROST BANKERS INC (CFR, 0.4%), VERSANT MEDIA GROUP INC (VSNT, 0.1%), RELX PLC (RELX, 0.0%), FULLER H B CO (FUL, 0.0%), PLEXUS CORP (PLXS, 0.0%), QUAKER HOUGHTON (KWR, 0.0%), STATE STR SPDR S&P 500 ETF T (SPY, 0.0%), LITHIA MOTORS INC (LAD, 0.0%), CABOT CORP (CBT, 0.0%), HUNTSMAN CORP (HUN, 0.0%), HERC HLDGS INC (HRI, 0.0%), I3 VERTICALS INC (IIIV, 0.0%), TALOS ENERGY INC (TALO, 0.0%), COVENANT LOGISTICS GROUP INC (CVLG, 0.0%), OLIN CORP (OLN, 0.0%), CROSS CTRY HEALTHCARE INC (CCRN, 0.0%), EXTREME NETWORKS (EXTR, 0.0%), BRAZE INC (BRZE, 0.0%), STEVANATO GROUP S P A (STVN, 0.0%), TENNANT CO (TNC, 0.0%), ELEMENT SOLUTIONS INC (ESI, 0.0%), GATES INDUSTRIAL CORPRATIN P (GTES, 0.0%), ARLO TECHNOLOGIES INC (ARLO, 0.0%), LFUS (LFUS, 0.0%), FIRST EAGLE ETF TR (FEMD, 0.0%), FIRST EAGLE ETF TR (USFE, 0.0%), HUNT J B TRANS SVCS INC (JBHT, 0.0%), ALPHA & OMEGA SEMICONDUCTOR (AOSL, 0.0%), CHEWY INC (CHWY, 0.0%), SUNBELT RENTALS HOLDINGS INC (SUNB, 0.0%), STRIDE INC (LRN, 0.0%), EXAGEN INC (XGN, 0.0%), CLOROX COMPANY (CLX, 0.0%).
Which existing positions saw the largest allocation increases for First Eagle Investment Management, LLC in Q1 2026?
Of 230 existing positions with share-count increases in Q1 2026, the largest were: REGAL REXNORD CORPORATION (RRX, +0.0% weight, +20738.5% shares), WESTLAKE CORPORATION (WLK, +0.0% weight, +13330.2% shares), ACCENTURE (ACN, +0.0% weight, +3426.5% shares), ONTO INNOVATION INC (ONTO, +0.0% weight, +543.9% shares), MISTRAS GROUP INC (MG, +0.0% weight, +264.6% shares), HF SINCLAIR CORP (DINO, +0.0% weight, +263.6% shares), SONOS INC (SONO, +0.0% weight, +187.7% shares), BXP INC (BXP, +0.2% weight, +174.0% shares), DIANA SHIPPING INC (DSX, +0.0% weight, +171.0% shares), QUANTERIX CORP (QTRX, +0.0% weight, +144.6% shares).
Which positions did First Eagle Investment Management, LLC fully exit in Q1 2026?
First Eagle Investment Management, LLC fully exited 39 positions in Q1 2026: WEBSTER FINL CORP (WBS, last-reported weight 0.0%), MGIC INVT CORP WIS (MTG, last-reported weight 0.0%), F&G ANNUITIES & LIFE INC (FG, last-reported weight 0.0%), TELEFLEX INCORPORATED (TFX, last-reported weight 0.0%), CUSTOMERS BANCORP INC (CUBI, last-reported weight 0.0%), KRATOS DEFENSE & SEC SOLUTIO (KTOS, last-reported weight 0.0%), M/I HOMES INC (MHO, last-reported weight 0.0%), FIVE9 INC (FIVN, last-reported weight 0.0%), YETI HLDGS INC (YETI, last-reported weight 0.0%), THRYV HLDGS INC (THRY, last-reported weight 0.0%), SIMILARWEB LTD (SMWB, last-reported weight 0.0%), EMBECTA CORPORATION (EMBC, last-reported weight 0.0%), TREACE MED CONCEPTS INC (TMCI, last-reported weight 0.0%), MACERICH CO (MAC, last-reported weight 0.0%), AIR LEASE CORP (AL, last-reported weight 0.0%), CS DISCO INC (LAW, last-reported weight 0.0%), SILVACO GROUP INC (SVCO, last-reported weight 0.0%), RIBBON COMMUNICATIONS INC (RBBN, last-reported weight 0.0%), SANMINA CORP (SANM, last-reported weight 0.0%), FUBOTV INC (FUBOGBP, last-reported weight 0.0%), ASPEN AEROGELS INC (ASPN, last-reported weight 0.0%), CLEARWATER PAPER CORP (CLW, last-reported weight 0.0%), RBB FUND TRUST (FEOE, last-reported weight 0.0%), RBB FUND TRUST (FEGE, last-reported weight 0.0%), TIC SOLUTIONS INC (TIC, last-reported weight 0.0%), SMART SAND INC (SND, last-reported weight 0.0%), KYNDRYL HOLDINGS, INC. (KD, last-reported weight 0.0%), ROKU INC (ROKU, last-reported weight 0.0%), CBIZ INC (CBZ, last-reported weight 0.0%), WALKER & DUNLOP ORD (WD, last-reported weight 0.0%), LENNOX INTL INC (LII, last-reported weight 0.0%), KALTURA INC (KLTR, last-reported weight 0.0%), TRIMBLE INC (TRMB, last-reported weight 0.0%), DOMINION ENERGY, INC. (D, last-reported weight 0.0%), SEA LTD (SE, last-reported weight 0.0%), CITIZENS FINL GROUP INC (CFG, last-reported weight 0.0%), GENUINE PARTS CO (GPC, last-reported weight 0.0%), MASIMO CORP (MASI, last-reported weight 0.0%), D R HORTON, INC. (DHI) (DHI, last-reported weight 0.0%).
Which existing positions saw the largest allocation reductions for First Eagle Investment Management, LLC in Q1 2026?
Of 125 existing positions with share-count reductions in Q1 2026, the largest were: ANALOG DEVICES INC (ADI, -1.0% weight, -100.0% shares), ROSS STORES INC (ROST, -0.5% weight, -98.9% shares), GENERAL DYNAMICS (GD, -0.0% weight, -98.7% shares), CIENA CORP (CIEN, -0.0% weight, -93.6% shares), VISHAY PRECISION GROUP INC (VPG, -0.0% weight, -70.0% shares), TALKSPACE INC (TALK, -0.0% weight, -69.8% shares), NATIONAL CINEMEDIA INC (NCMI, -0.0% weight, -65.3% shares), WARBY PARKER INC (WRBY, -0.0% weight, -61.7% shares), HECLA MINING COMPANY (HL, -0.0% weight, -60.9% shares), CERAGON NETWORKS LTD (CRNT, -0.0% weight, -56.6% 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.