Asset Manager · CIK 0001325447

First Eagle Investment Management

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First Eagle Investment Management, an asset manager overseeing $56.82B in disclosed equity holdings (SEC CIK 0001325447). The latest portfolio (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 37.9% over the past year. OpenStocks tracks 40 consecutive quarterly snapshots for this manager — every position change, new entry, and exit is logged below.

Portfolio
$56.82B
Positions
422
Quarter
2025Q4
Filings tracked
40
1Y+37.9%3Y+93.8%5Y+130.8%10Y+139.4%Full performance →
1-YearTWR
+37.91%
since 2024Q4
3-YearTWR
+93.79%
since 2022Q4
5-YearTWR
+130.78%
since 2020Q4
10-Yearbacktest
+139.36%
since 2016-04-20

Methodology: TWR tiles chain-link quarterly mark-to-market across consecutive filings (GIPS-compliant) · actual tiles use a real 13F snapshot marked to today · backtest tiles re-price the current book to historical prices.

Performance overview

We mark First Eagle Investment Management's disclosed portfolio to current market prices and compare its growth against the S&P 500 (SPY). First's portfolio is 37.9% over the last 12 months · 153.1% since 2016Q1.

Portfolio growth vs SPY
Rebased to 100 at 2021Q2 · through 2025Q4
First Eagle Investment Management
+93.6%
SPY
+69.5%
Alpha
+24.0pp
761081401712032021Q22023Q32025Q4
Portfolio line is the GIPS-compliant time-weighted return chain-linked across the manager's quarterly 13F filings — unaffected by capital flows. Quarters with insufficient held-through coverage are skipped, which can briefly flatten the line.
Capital flow per quarter
BuysSellsNet
+$3.94B+$1.97B$0-$1.97B-$3.94B'22Q1'22Q2'22Q3'22Q4'23Q1'23Q2'23Q3'23Q4'24Q1'24Q2'24Q3'24Q4'25Q1'25Q2'25Q3'25Q4
Latest · 2025Q4
-$506M
Lifetime buys
$29.26B
Lifetime sells
$31.56B
Portfolio over time
AUMPositions
$0$18.75B$37.50B$56.82B422381'22Q1'23Q4'25Q4
QoQ AUM
+3.5%
16Q lifetime AUM
+39.1%
QoQ positions
+18
16Q lifetime positions
+41
Position concentration
422 positions
Top 1
4%
of book