First Eagle Investment Management, LLC: HCA HEALTHCARE INC (HCA): Quarterly 13F Position History
As of Q1 2026, First Eagle Investment Management, LLC reported 3,254,570 shares of HCA HEALTHCARE INC (HCA), worth $1.5B and representing 2.0% of its 13F equity book. Quarter-over-quarter share count change: 391,582 (-10.7%) . The position first appeared in Q2 2018 and has been disclosed across 32 13F-HR filings in Pactolio's tracked window.
- 3,254,570Shares Held (Latest Filing)
- $1.5BReported Market Value (Latest Filing)
- 2.0%Portfolio Weight (% of 13F Equity Book)
- 391,582Quarter-over-Quarter Share Change
- -$162.1MQuarter-over-Quarter Value Change
- 4,616,860Peak Reported Shares (Historical)
Quarterly 13F-HR Disclosure History Source: SEC 13F-HR filings, 32 quarter s
| Quarter | Shares | QoQ Share Change | Share Change (%) | Market Value | Weight | Implied Price |
|---|---|---|---|---|---|---|
| Q1 2026 | 3,254,570 | 391,582 | -10.7% | $1.5B | 2.0% | $473.2 |
| Q4 2025 | 3,646,152 | 273,320 | -7.0% | $1.7B | 3.0% | $466.9 |
| Q3 2025 | 3,919,472 | 290,385 | -6.9% | $1.7B | 3.0% | $426.2 |
| Q2 2025 | 4,209,857 | 312,244 | -6.9% | $1.6B | 3.2% | $383.1 |
| Q1 2025 | 4,522,101 | +18,252 | +0.4% | $1.6B | 3.3% | $345.6 |
| Q4 2024 | 4,503,849 | +23,177 | +0.5% | $1.4B | 3.0% | $300.1 |
| Q3 2024 | 4,480,672 | 12,367 | -0.3% | $1.8B | 3.7% | $406.4 |
| Q2 2024 | 4,493,039 | 9,500 | -0.2% | $1.4B | 3.3% | $321.3 |
| Q1 2024 | 4,502,539 | +724 | +0.0% | $1.5B | 3.4% | $333.5 |
| Q4 2023 | 4,501,815 | 5,113 | -0.1% | $1.2B | 2.9% | $270.7 |
| Q3 2023 | 4,506,928 | 49,437 | -1.1% | $1.1B | 2.9% | $246.0 |
| Q2 2023 | 4,556,365 | 32,653 | -0.7% | $1.4B | 3.5% | $303.5 |
| Q1 2023 | 4,589,018 | 27,842 | -0.6% | $1.2B | 3.2% | $263.7 |
| Q4 2022 | 4,616,860 | +116,442 | +2.6% | $1.1B | 3.1% | $240.0 |
| Q3 2022 | 4,500,418 | +31,417 | +0.7% | $827.1M | 2.5% | $183.8 |
| Q2 2022 | 4,469,001 | +1,963,219 | +78.3% | $751.1M | 2.1% | $168.1 |
| Q1 2022 | 2,505,782 | +143,254 | +6.1% | $628.0M | 1.5% | $250.6 |
| Q4 2021 | 2,362,528 | 23,371 | -1.0% | $607.0M | 1.5% | $256.9 |
| Q3 2021 | 2,385,899 | +116,903 | +5.2% | $579.1M | 1.5% | $242.7 |
| Q2 2021 | 2,268,996 | +15,168 | +0.7% | $469.1M | 1.2% | $206.7 |
| Q1 2021 | 2,253,828 | 113,933 | -4.8% | $424.5M | 1.1% | $188.3 |
| Q4 2020 | 2,367,761 | 8,694 | -0.4% | $389.4M | 1.1% | $164.5 |
| Q3 2020 | 2,376,455 | +4,272 | +0.2% | $296.3M | 0.9% | $124.7 |
| Q2 2020 | 2,372,183 | +13,352 | +0.6% | $230.2M | 0.7% | $97.1 |
| Q1 2020 | 2,358,831 | 1,286 | -0.1% | $211.9M | 0.8% | $89.8 |
| Q4 2019 | 2,360,117 | 13,740 | -0.6% | $348.8M | 1.0% | $147.8 |
| Q3 2019 | 2,373,857 | +104,289 | +4.6% | $285.9M | 0.8% | $120.4 |
| Q2 2019 | 2,269,568 | 0 | — | $295.9M | 0.8% | $130.4 |
| Q1 2019 | 2,269,568 | 21,110 | -0.9% | $295.9M | 0.8% | $130.4 |
| Q4 2018 | 2,290,678 | +2,823 | +0.1% | $285.1M | 0.8% | $124.5 |
| Q3 2018 | 2,287,855 | 2,182 | -0.1% | $318.3M | 0.8% | $139.1 |
| Q2 2018 | 2,290,037 | — | — | $235.0M | 0.6% | $102.6 |
Methodology & FAQ
How This Position History Is Sourced
Each row is one SEC Form 13F-HR filing disclosing this position. Share count, market value, and reported quarter are taken verbatim from the filing; portfolio weight is recomputed against the same filing's total reported equity book. Implied price-per-share is market value divided by shares — a quarter-end mark, not the manager's cost basis. See the full methodology document for the normalization rules.
When did First Eagle Investment Management, LLC first disclose a HCA position in 13F-HR filings?
First Eagle Investment Management, LLC first reported HCA HEALTHCARE INC (HCA) on its 13F-HR filing for the period ending 2018-06-30 (Q2 2018). The position has appeared on 32 reported quarters within Pactolio's tracked window.
What was First Eagle Investment Management, LLC's most recent quarter-over-quarter share-count change in HCA?
Between Q4 2025 and Q1 2026, First Eagle Investment Management, LLC reduced its HCA position by 391,582 shares (-10.7%), leaving 3,254,570 shares at a market value of $1.5B.
Does the implied price-per-share represent First Eagle Investment Management, LLC's cost basis in HCA?
No. The implied price-per-share column is the 13F-HR reported market value divided by reported share count on the filing date (end of quarter). It is a quarter-end mark, not a cost basis or transaction price. Use it as a sanity check on the value column, not as an indicator of the manager's entry or exit price.