13F filing recap · Q4 2017

What did First Eagle Investment Management buy in Q4 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

$42.50B

Positions

320

Estimated turnover

15.1%

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

CATCaterpillar Inc$48.12Mreported value+305.4K shares HUNHuntsman Corporation$39.04Mreported value+1.17M shares MOHMolina Healthcare, Inc.$26.04Mreported value+339.6K shares MGMMgm Resorts International$23.81Mreported value+713.0K shares PCGPG&E Corp$16.56Mreported value+369.3K shares AVGOBroadcom Inc.$15.35Mreported value+59.8K shares TGTTarget Corporation$12.86Mreported value+197.2K shares 420870206Haymaker Acquisition Corp.$9.90Mreported value+1.00M shares TXMDTherapeuticsmd, Inc.$9.47Mreported value+1.57M shares AXTAAxalta Coating Systems Ltd.$2.61Mreported value+80.7K shares OCSLOaktree Specialty Lending Corporation$2.04Mreported value+416.7K shares LILAKLiberty Latin America Ltd.$514.0Kreported value+25.9K shares LILALiberty Latin America Ltd.$172.0Kreported value+8.6K shares

Increased positions

ORCLOracle Corporation$1.93Breported value+60.3K shares+0.1%SLBSlb Limited/nv$1.29Breported value+1.72M shares+9.9%OMCOmnicom Group Inc.$1.13Breported value+417.2K shares+2.8%FTITechnipfmc Plc$1.09Breported value+843.1K shares

Reduced positions

MSFTMicrosoft Corporation$2.08Breported value-1.76M shares-6.7%WYWeyerhaeuser Company$1.33Breported value-94.5K shares-0.3%AXPAmerican Express Co$1.28Breported value-88.2K shares-0.7%CMCSAComcast Corporation$1.27Breported value-45.6K shares

Exited positions

TVGrupo Televisa, S.a.b.$922.40Mprior reported value-37.39M shares-100.0%DHRDanaher Corporation$134.57Mprior reported value-1.57M shares-100.0%HSYHershey Co$121.76Mprior reported value-1.12M shares-100.0%PSXPhillips 66$120.35Mprior reported value-1.31M shares