First Eagle Investment Management, LLC — HCA HEALTHCARE INC HCA: Quarterly 13F Position History
First Eagle Investment Management, LLC has reported HCA HEALTHCARE INC (HCA) on 32 13F-HR filings in Pactolio's tracked window, first appearing in Q2 2018. As of Q1 2026, the position is sized at 3,254,570 shares ($1.54B market value, 2.04% of the equity book). Quarter-over-quarter share count change: 391,582 (-10.7%) .
- 3,254,570Shares Held (Latest Filing)
- $1.54BReported Market Value (Latest Filing)
- 2.04%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% | $1.54B | 2.04% | $473.24 |
| Q4 2025 | 3,646,152 | 273,320 | -7.0% | $1.70B | 3.00% | $466.86 |
| Q3 2025 | 3,919,472 | 290,385 | -6.9% | $1.67B | 3.04% | $426.20 |
| Q2 2025 | 4,209,857 | 312,244 | -6.9% | $1.61B | 3.23% | $383.10 |
| Q1 2025 | 4,522,101 | +18,252 | +0.4% | $1.56B | 3.30% | $345.55 |
| Q4 2024 | 4,503,849 | +23,177 | +0.5% | $1.35B | 3.03% | $300.15 |
| Q3 2024 | 4,480,672 | 12,367 | -0.3% | $1.82B | 3.75% | $406.43 |
| Q2 2024 | 4,493,039 | 9,500 | -0.2% | $1.44B | 3.27% | $321.28 |
| Q1 2024 | 4,502,539 | +724 | +0.0% | $1.50B | 3.41% | $333.53 |
| Q4 2023 | 4,501,815 | 5,113 | -0.1% | $1.22B | 2.91% | $270.68 |
| Q3 2023 | 4,506,928 | 49,437 | -1.1% | $1.11B | 2.91% | $245.98 |
| Q2 2023 | 4,556,365 | 32,653 | -0.7% | $1.38B | 3.54% | $303.48 |
| Q1 2023 | 4,589,018 | 27,842 | -0.6% | $1.21B | 3.21% | $263.68 |
| Q4 2022 | 4,616,860 | +116,442 | +2.6% | $1.11B | 3.05% | $239.96 |
| Q3 2022 | 4,500,418 | +31,417 | +0.7% | $827.1M | 2.50% | $183.79 |
| Q2 2022 | 4,469,001 | +1,963,219 | +78.3% | $751.1M | 2.12% | $168.06 |
| Q1 2022 | 2,505,782 | +143,254 | +6.1% | $628.0M | 1.54% | $250.62 |
| Q4 2021 | 2,362,528 | 23,371 | -1.0% | $607.0M | 1.52% | $256.92 |
| Q3 2021 | 2,385,899 | +116,903 | +5.2% | $579.1M | 1.49% | $242.72 |
| Q2 2021 | 2,268,996 | +15,168 | +0.7% | $469.1M | 1.17% | $206.74 |
| Q1 2021 | 2,253,828 | 113,933 | -4.8% | $424.5M | 1.13% | $188.34 |
| Q4 2020 | 2,367,761 | 8,694 | -0.4% | $389.4M | 1.10% | $164.46 |
| Q3 2020 | 2,376,455 | +4,272 | +0.2% | $296.3M | 0.89% | $124.68 |
| Q2 2020 | 2,372,183 | +13,352 | +0.6% | $230.2M | 0.72% | $97.06 |
| Q1 2020 | 2,358,831 | 1,286 | -0.1% | $211.9M | 0.77% | $89.85 |
| Q4 2019 | 2,360,117 | 13,740 | -0.6% | $348.8M | 0.95% | $147.81 |
| Q3 2019 | 2,373,857 | +104,289 | +4.6% | $285.9M | 0.81% | $120.42 |
| Q2 2019 | 2,269,568 | 0 | — | $295.9M | 0.80% | $130.38 |
| Q1 2019 | 2,269,568 | 21,110 | -0.9% | $295.9M | 0.80% | $130.38 |
| Q4 2018 | 2,290,678 | +2,823 | +0.1% | $285.1M | 0.82% | $124.45 |
| Q3 2018 | 2,287,855 | 2,182 | -0.1% | $318.3M | 0.80% | $139.12 |
| Q2 2018 | 2,290,037 | — | — | $235.0M | 0.58% | $102.60 |
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 $1.54B.
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.