First Eagle Investment

First Eagle Investment

Last Update: 08-08-2017

Number of Stocks: 328
Number of New Stocks: 20

Total Value: $41,688 Mil
Q/Q Turnover: 9%

Countries: USA
Details: Top Buys | Top Sales | Top Holdings  Embed:

First Eagle Investment' s Profile & Performance

Profile

Web Page:http://www.firsteaglefunds.com/

Investing Philosophy

Jean-Marie Eveillard is a value oriented investor. His approach to asset management is defined by the conviction that absolute long-term performance is the best way to preserve capital, rather than attempting to compete against the short-term movements of the major indices, and rigorous application of bottom-up fundamental analysis intended to reduce risk. His strategy incorporates on-site research by actively visiting companies and talking to managers to gain rounded, first-hand knowledge of investment prospects. Eveillard buys securities whose intrinsic value and long-term potential outweighs market risk.

Historical Allocation of Stock, Bonds, Cash

Total Holding History

Performance of First Eagle Global Fund

YearReturn (%)S&P500 (%)Excess Gain (%)
201610.6511.96-1.3
2015-0.941.38-2.3
20142.9313.69-10.8
3-Year Cumulative12.8 (4.1%/year)29 (8.9%/year)-16.2 (-4.8%/year)
201315.4932.39-16.9
201212.4616-3.5
5-Year Cumulative46.5 (7.9%/year)98.2 (14.7%/year)-51.7 (-6.8%/year)
2011-0.192.11-2.3
201017.5815.062.5
200929.9926.463.5
2008-21.06-3715.9
20079.95.494.4
10-Year Cumulative93.9 (6.8%/year)95.7 (6.9%/year)-1.8 (-0.1%/year)
200620.515.794.7
200514.914.9110.0
200418.3710.887.5
200337.6428.689.0
200210.23-22.132.3
15-Year Cumulative382.3 (11.1%/year)164.2 (6.7%/year)218.1 (4.4%/year)
200110.21-11.8922.1
20009.72-9.118.8
199919.5621.04-1.5
1998-0.2628.58-28.8
19978.5433.36-24.8
20-Year Cumulative654.8 (10.6%/year)339.2 (7.7%/year)315.6 (2.9%/year)
199613.6422.96-9.3
199515.2437.58-22.3
19942.521.321.2
199326.1510.0816.1
19928.417.620.8
25-Year Cumulative1285.9 (11.1%/year)791.8 (9.1%/year)494.1 (2%/year)
199117.9330.47-12.5
1990-1.3-3.11.8
198917.2131.69-14.5
198814.1516.61-2.5
198713.765.18.7
30-Year Cumulative2355.3 (11.3%/year)1719.7 (10.2%/year)635.6 (1.1%/year)
198625.0218.66.4
198532.7131.61.1
19842.866.1-3.2
198324.0322.41.6
198231.5621.410.2
35-Year Cumulative6737.2 (12.8%/year)4377.7 (11.5%/year)2359.5 (1.3%/year)
19818-513.0
198031.6632.3-0.6

Top Ranked Articles

Podcast Episode 4: Interview With Legendary Investor Jean-Marie Eveillard Eveillard talks about how to be a real value investor and where he is finding opportunities
Ask Jean-Marie Eveillard and Health Care Investor Mindy Perry a Question Both will give previews of their conference topics talks next week
This year's Value Conference (still a few tickets left!) is coming up in a few weeks. Read more...
First Eagle Asset Management Buys Monsanto, Hershey, AT&T The top buys of Jean-Marie Eveillard firm in 4th quarter
First Eagle Investment (Trades, Portfolio) Management reported today buying 22 stocks with 7% turnover across its variety of funds over the fourth quarter, resulting in ownership of 334 holdings in total with a value of $39.1 billion. Read more...
First Eagle Investment Management's Top 5 Stock Buys of 3rd Quarter Firm associated with legend Jean-Marie Eveillard reports portfolio positions
First Eagle, an investment firm managing around $100 billion, announced on Monday that its third-quarter trading activity included buying 26 new stocks. Read more...
2017 GuruFocus Conference Early Bird Registration Will End on December 15 Seats are limited. Register now.
2017 GuruFocus Conference Early Bird Registration will end soon. Register now before the seat runs out. Seats are limited. Get a deep discount by registering before Dec. 15. Read more...
» More First Eagle Investment Articles

Commentaries and Stories

  • Currently 0.00/5

Rating: 0.0/5 (0 votes)

First Eagle Fund of America 2nd Quarter Commentary Review of holdings and markets First Eagle Investment - First Eagle Fund Of America 2nd Quarter Commentary
Fund of America Class A Shares (without sales charge) returned 2.38% during the second quarter, underperforming the S&P 500 Index, which registered 3.09%. More...

  • Currently 0.00/5

Rating: 0.0/5 (0 votes)

Chuck Royce Invests in 3 Industrial Companies in 2nd Quarter The guru invested in 2 newly public companies Chuck Royce,First Eagle Investment,Jim Simons,Joel - Chuck Royce Invests In 3 Industrial Companies In 2nd Quarter
Chuck Royce (Trades, Portfolio), chairman and portfolio manager of the Royce Funds, gained 44 new holdings during the second quarter, three of which were industrial stocks. He established positions in Seacor Marine Holdings Inc. (NYSE:SMHI), Engility Holdings Inc. (NYSE:EGL) and ASV Holdings Inc. (NASDAQ:ASV). More...

ROYCE, BUYS, 2Q, INDUSTRIAL


  • Currently 0.00/5

Rating: 0.0/5 (0 votes)

First Eagle Investment Adds to 3 Positions, Drops 3 in 2nd Quarter Firm makes major bets on energy companies First Eagle Investment - First Eagle Investment Adds To 3 Positions, Drops 3 In 2nd Quarter
First Eagle Investment (Trades, Portfolio) reported the firm added to its positions in three energy companies: Exxon Mobil Corp. (NYSE:XOM), Schlumberger Ltd. (NYSE:SLB) and TechnipFMC PLC (NYSE:FTI) during the second quarter. Portfolio manager Matthew McLennan also closed his positions in American International Group Inc. (NYSE:AIG), F5 Networks Inc. (NASDAQ:FFIV) and Monsanto Co. (NYSE:MON). More...

FIRST EAGLE INVESTMENT, WARREN BUFFETT


  • Currently 0.00/5

Rating: 0.0/5 (0 votes)

First Eagle Global Value Fund Comments on KT&G Guru stock highlight
KT&G (XKRX:033780), the Korean tobacco company, also contributed while allaying some investors’ concerns about its pricing. An excise tax accounts for the major share of cigarette prices in Korea, and KT&G believed that, despite an increase in the tax rate, it could raise the price of cigarettes without losing a sizable number of customers. Thus far, the company’s results have confirmed that its thinking was correct, and the stock advanced. More...

  • Currently 0.00/5

Rating: 0.0/5 (0 votes)

First Eagle Global Value Fund Comments on Danone Guru stock highlight
We thought Danone (XPAR:DN) had paid a high multiple to acquire WhiteWave, which makes almond milk and other organic products, but it was able to offset some of the acquisition cost by divesting Stonyfield Farms at a similar multiple. Competition in the US yogurt market between Danone and Greek-style products seems to have abated, and Danone’s market share has stabilized. More...

  • Currently 0.00/5

Rating: 0.0/5 (0 votes)

First Eagle Global Value Fund Comments on Oracle Guru stock highlight
Oracle (NYSE:ORCL) continued to demonstrate progress in transitioning its business from a front- end sales model to a cloud-based subscrip-tion model. Some investors had questioned whether midsize and smaller businesses would adopt the new model, but in the second quarter, these customers appeared to do so. The trend had a positive impact on Oracle’s share price. More...

  • Currently 0.00/5

Rating: 0.0/5 (0 votes)

Ruane Cunniff Comments on Credit Acceptance Guru stock highlight
Credit Acceptance (NASDAQ:CACC) is one of the country’s largest independent subprime auto lenders. It works with an extensive network of independent and franchised used car dealers to extend credit to buyers whose spotty or limited credit histories would otherwise prevent them from obtaining car loans. More...

  • Currently 5.00/5

Rating: 5.0/5 (1 vote)

First Eagle Global Value Team 2nd Quarter Commentary Review of markets and holdings First Eagle Investment - First Eagle Global Value Team 2nd Quarter Commentary
Market Overview More...

  • Currently 0.00/5

Rating: 0.0/5 (0 votes)

Gurus Are Buying These High-Quality Stocks All-In-One Screener identifies great companies First Eagle Investment,Diamond Hill Capital,Chuck  - Gurus Are Buying These High-Quality Stocks
According to GuruFocus’ All-In-One Screener, the following stocks have high business predictability ratings, and their total returns since the beginning of the year are positive. At least five gurus are shareholders in the companies. More...

  • Currently 4.00/5

Rating: 4.0/5 (1 vote)

7 Rising Stocks That Beat the Market These stocks are outperforming the Standard & Poor's 500 First Eagle Investment,PRIMECAP Management,First P - 7 Rising Stocks That Beat The Market
According to GuruFocus' All-in-One Guru Screener, the following are some of the stocks that have outperformed the Standard & Poor's 500 Index over the last 12 months and were bought by gurus during the last quarter. More...

  • Currently 0.00/5

Rating: 0.0/5 (0 votes)

First Avenue International Fund Comments on Tenon Ltd Guru stock highlight
Tenon Ltd ("Tenon") (NZSE:TEN) In our last quarterly letter, I offered the following comment on our investment in Tenon:"With regard to its New Zealand operations, Tenon announced several weeks ago that it had entered into exclusive discussions with an interested party with the intention of arriving at a binding sale transaction. Should a transaction be consummated, Tenon would cease to have any business operations and would go through a liquidation and wind-up process with the transaction proceeds again distributed to shareholders. We expect that distributions from such a process are likely to represent a meaningful premium the company's current share price."In February, Tenon announced the expected transaction and its intention to proceed with a capital distribution and liquidation process as expected. However, the agreed upon sale price of this business was a disappointment to me. My estimation of the value a private More...

  • Currently 0.00/5

Rating: 0.0/5 (0 votes)

First Avenue International Fund Comments on IWG Plc Guru stock highlight
Hibernia REIT plc ("Hibernia") (LSE:HBRN) In March 2017, we began to establish a position in Hibernia, which is an office REIT focused exclusively on central business districts in Dublin, Ireland. Although Hibernia has a market capitalization of less than EUR 1 billion, it is one of the dominant office property developer/owners in the fairly small office market of Dublin. Hibernia offers a reasonable return and is exceptionally well-capitalized. However, Hibernia has several things working in its favor prospectively. First, the company has a considerable development pipeline which is being met by strong and growing demand for Dublin office space. Second, the company's current income is very likely to benefit from rental reversions as older leases are re-priced at materially higher prevailing market prices. Finally, intuition and early movements from London, an office market facing considerable uncertainty, suggest that Dublin is a likely destination for some portion of Brexit-related corporate staff relocation. Dublin's small size and very low vacancy rates suggest that space in More...

  • Currently 0.00/5

Rating: 0.0/5 (0 votes)

First Avenue International Fund Comments on IWG Plc Guru stock highlight
IWG plc ("IWG") (IWG) In early January 2017 we began to purchase shares of IWG plc, until recently known as Regus plc. IWG is the world's largest provider of shorter-term office space solutions, sometimes referred to as "workspace as a service:' While the vast majority of the company's offering carries the Regus label, the company is evolving into a more segmented and multi-branded offering, hence the name change. The company's founder, Mark Dixon, pioneered the industry, which has been rapidly growing its utility to corporations and individuals for nearly two decades. IWG is the early mover and has unrivalled scale. Its nearest competitors, including one recently accorded a "unicorn" valuation, are a mere pittance of its size and revenue. IWG also distinguishes itself by being highly profitable. Our entry point into our IWG investment was created by two factors. First, in recent years IWG had undertaken a significant multi-year expansion of its network, which required a considerable level of capital expenditure by the company. The nature of the business is such that new locations take More...

  • Currently 0.00/5

Rating: 0.0/5 (0 votes)

9 Stocks First Eagle Continues to Buy Firm added to these holdings in the past 2 quarters First Eagle Investment - 9 Stocks First Eagle Continues To Buy
First Eagle Investment (Trades, Portfolio) is an independent firm with approximately $105 billion in assets under management. In both first-quarter 2017 and fourth-quarter 2016, it bought shares in the following stocks: More...

  • Currently 5.00/5

Rating: 5.0/5 (1 vote)

First Eagle: Current Views on Gold Portfolio Manager Thomas Kertsos and Research Analyst Max Belmont offer their insights into current trends First Eagle Investment - First Eagle: Current Views On Gold
While the gold price has been volatile over the last year, it has remained above the lows reached in 2015. In this brief commentary, Portfolio Manager Thomas Kertsos and Research Analyst Max Belmont offer their insights into current trends. More...

  • Currently 0.00/5

Rating: 0.0/5 (0 votes)

Franco-Nevada Releases 1st-Quarter Report The company increased the quarterly dividend First Eagle Investment - Franco-Nevada Releases 1st-Quarter Report
Franco-Nevada Corp. (NYSE:FNV) closed the first quarter of 2017 with earnings per share of 25 cents, an increase from adjusted EPS of 17 cents in the comparable quarter of 2016. The company beat analysts’ expectations by three cents, generating a positive surprise of 13.6%. Estimates ranged between a low of 17 cents and a high of 26 cents. More...

  • Currently 0.00/5

Rating: 0.0/5 (0 votes)

First Eagle Investment Slashes 5 Stakes in 1st Quarter Guru reports quarterly portfolio First Eagle Investment,Donald Yacktman - First Eagle Investment Slashes 5 Stakes In 1st Quarter
Jean-Marie Eveillard of First Eagle Investment (Trades, Portfolio) seeks long-term capital appreciation through the conviction that absolute long-term performance is the best way to preserve capital. During first-quarter 2017, Eveillard cut positions in five companies: Comcast Corp. (NASDAQ:CMCSA), The Timken Co. (NYSE:TKR), Molson Coors Brewing Co. (NYSE:TAP), Qualcomm Inc. (NASDAQ:QCOM) and The Hershey Co. (NYSE:HSY). More...

FIRST EAGLE INVESTMENT, JEAN-MARIE EVEILLARD


  • Currently 0.00/5

Rating: 0.0/5 (0 votes)

First Eagle Global Value Fund Comments on MITIE Group Guru stock highlight
MITIE Group (LSE:MTO) is a British company that provides facilities management services, such as catering and cleaning. The company has announced a series of earnings misses. It has replaced its management team, but the new leaders are constrained by old contracts that are still in place and substantial debt on the company’s balance sheet. We thought it prudent to take our losses and sell this position. More...

  • Currently 0.00/5

Rating: 0.0/5 (0 votes)

First Eagle Global Value Fund Comments on Cenovus Guru stock highlight
Cenovus’ (NYSE:CVE) stock declined both because of falling oil prices and because of the company’s agreement to buy a material package of assets from ConocoPhillips. Cenovus knew the assets well because it already operated there in partnership with ConocoPhillips, and we think the price it paid was fair. But to complete the deal, Cenovus had to issue stock at a depressed valuation. More...

  • Currently 0.00/5

Rating: 0.0/5 (0 votes)

First Eagle Global Value Fund Comments on Weyerhaeuser Guru stock highlight
We think the gain in Weyerhaeuser (NYSE:WY)’s stock was driven by stronger housing numbers. Before the global financial crisis, the United States had nearly two million housing starts a year. That number fell below 700,000 in 2009, but it has now recovered to over 1.2 million.4 Weyerhaeuser has often said that when housing starts reach 1.2 or 1.3 million, timber prices may begin to advance.Timber pricing has remained weak in the Southeastern United States, and this could represent a source of latent earning power for Weyerhaeuser. In the meantime, a dividend yield of more than 4% has kept us comfortable holding this stock.Hang Lung Properties is a Hong Kong-based company that owns office buildings and grade-A shopping malls throughout China. During the first quarter, the stock advanced as Hang Lung’s business showed signs of recovery. More...

Add Notes, Comments

If you want to ask a question or report a bug, please create a support ticket.

Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)

GF Chat

{{numOfNotice}}
FEEDBACK