13F filing recap · Q1 2017

What did First Eagle Investment Management buy in Q1 2017?

Reported stock-position changes between this filing and the previous one. US-listed stocks across every First Eagle account, including accounts that belong to no fund below.

Stock value

$40.50B

Positions

319

Estimated turnover

19.2%

Turnover is a proxy: verified trade-origin share changes valued at period-end and divided by average reported stock value. SEC holdings reports do not disclose execution dates or prices. Corporate actions and unreconciled activity are excluded.

New positions

FTITechnipfmc Plc$648.95Mreported value+19.97M shares VREXVarex Imaging Corporation$59.78Mreported value+1.78M shares CSXCsx Corporation$35.77Mreported value+768.4K shares ALLYAlly Financial Inc.$32.16Mreported value+1.58M shares ABCOThe Advisory Board Company$24.91Mreported value+532.2K shares LQLa Quinta Holdings Inc$24.80Mreported value+1.83M shares THSTreehouse Foods Inc$11.59Mreported value+136.9K shares BIVVBioverativ Inc$8.55Mreported value+157.0K shares CHRWC.h. Robinson Worldwide, Inc.$4.01Mreported value+51.9K shares QSRRestaurant Brands International Inc.$3.46Mreported value+62.1K shares TRVTravelers Companies, Inc.$3.10Mreported value+25.7K shares RHRh$2.92Mreported value+63.2K shares AMPAmeriprise Financial Inc$1.38Mreported value+10.7K shares PSLVSprott Physical Silver Trust$257.0Kreported value+37.2K shares PHYSSprott Physical Gold Trust$128.0Kreported value+12.5K shares

Increased positions

ORCLOracle Corporation$1.84Breported value+1.47M shares+3.7%MSFTMicrosoft Corporation$1.59Breported value+638.8K shares+2.7%CMCSAComcast Corporation$1.31Breported value+12.63M shares+56.9%AXPAmerican Express Co$1.28Breported value+305.7K shares

Reduced positions

BNYThe Bank of New York Mellon Corporation$930.85Mreported value-2.24M shares-10.2%LBTYKLiberty Global Ltd.$625.25Mreported value-691.4K shares-3.7%TDCTeradata Corp /de/$544.41Mreported value-9.0K shares-0.1%CTASCintas Corporation$497.15Mreported value-508.4K shares

Exited positions

LLTCLinear Technology Corporation$863.61Mprior reported value-13.85M shares-100.0%FTITechnipfmc Plc$420.88Mprior reported value-11.85M shares-100.0%DHRDanaher Corporation$245.75Mprior reported value-3.16M shares-100.0%TAPMolson Coors Beverage Co$184.44Mprior reported value-1.90M shares