First Eagle Investment Management, LLC
First Eagle Investment Management, LLC is a leading independent investment management firm headquartered in New York, NY, with a heritage dating back to 1864. Registered as an investment adviser since 1995, FEIM serves institutional and retail clients, offering a variety of equity, fixed income, and alternative investment strategies. As of 2025, the firm employs around 359 professionals and is a subsidiary of First Eagle Holdings.
Investment Strategy
First Eagle Investment Management, LLC pursues a value-oriented, fundamental investment approach with an emphasis on preserving capital and achieving attractive risk-adjusted returns. The firm specializes in global, flexible strategies across equities, fixed income, and alternatives, balancing downside protection with long-term capital growth. First Eagle is known for prudent security selection, risk aversion, and seeking businesses with resilient franchises and strong balance sheets.
Top Holdings
Equity Positions (382)
| Ticker | Security | Weight | Market Value | Shares | Avg Cost | Price | Change (QoQ) |
|---|---|---|---|---|---|---|---|
M META | META PLATFORMS INC | 4.83% | $2.46B | 3,332,941 | $190.12 | $738.09 | +$416.9M |
O ORCL | ORACLE CORP | 4.79% | $2.44B | 11,148,566 | $34.77 | $218.63 | +$720.1M |
I IMO | IMPERIAL OIL LTD | 3.20% | $1.63B | 20,491,197 | $29.02 | $79.48 | +$106.6M |
W WPM | WHEATON PRECIOUS METALS CORP | 3.19% | $1.63B | 18,096,257 | $24.24 | $89.80 | +$182.6M |
H HCA | HCA HEALTHCARE INC | 3.17% | $1.61B | 4,209,857 | $145.22 | $383.10 | +$50.2M |
Options Positions (1)
| Ticker | Security | Action | Type | Notional Value | Contracts | Underlying Price | Premium Paid | Change (Contracts) | Change (Value) |
|---|---|---|---|---|---|---|---|---|---|
H HYG | ISHARES TR | Bought | Put | $967.8M | 120,000 | $80.65 | $79.70 | +55,000 | +$449.6M |