First Eagle Investment Management
First Eagle Investment Management, an asset manager overseeing $56.82B in disclosed equity holdings (SEC CIK 0001325447). The latest 13F filing (2025Q4) discloses 422 positions across 11 sectors, with the largest positions in GOOG, BDX and META. On a mark-to-market basis the tracked portfolio has returned 41.5% over the past year. OpenStocks tracks 40 consecutive 13F filings for this manager — every position change, new entry, and exit is logged below.
What First is holding in options
First Eagle Investment Management disclosed 1 option position in the 2023Q4 13F filing — 1 long-call and 0 long-puts — totaling $133.8M of underlying-share notional value. The largest exposures are a call on GLD. Notional values reflect the value of the underlying shares at the quarter-end snapshot, not the option premium paid.
Options & derivatives
1 position · $133.8M notional1 CALL · $133.8M| Type | Underlying | Shares | Notional | % of book |
|---|---|---|---|---|
| CALL | GLDSPDR GOLD TR | 700K | $133.8M | 0.3% |
Notional = value of the underlying shares at the quarter-end snapshot, not the option premium paid. A long PUT is a bearish bet on the underlying; a long CALL is a bullish bet. The reported value is included in the portfolio total but does not reflect actual capital at risk.