Jean-Marie Eveillard - First Eagle U.S. Value 13F Activity & Position Changes (Q2 2015)

As of Jun 30, 2015, the First Eagle U.S. Value portfolio activity showed several notable changes in holdings, according to the latest SEC 13F filing reported on May 12, 2026. The activity included new positions, additions to existing holdings, reductions, and complete exits, providing a clear view of how the portfolio evolved during the quarter.

During Q2 2015, the filing reported:

New Buys - AbbVie Inc., Vanguard Total Bond Market ETF, B2Gold Corp, Corcept Therapeutics Incorporat, Danaher Corporation, and 8 more

Increases - Abbott Laboratories, Analog Devices, Inc., Air Products and Chemicals, Inc, American Express Company, Baxter International Inc., and 42 more

Reductions - Automatic Data Processing, Inc., Agnico Eagle Mines Limited, American International Group, I, Amgen Inc., Ameriprise Financial, Inc., and 52 more

Complete Exits - Accenture plc, Humana Inc., ICICI Bank Limited, Packaging Corporation of Americ, Sangamo Therapeutics, Inc., and 3 more

These updates highlight how the portfolio adjusted across different sectors and market conditions, offering insights into allocation shifts and investment trends.

Date	Symbol	Name	Type	Change Qty	% Change	Value	Remaining
Q2 2015	ABBV AbbVie Inc.	AbbVie Inc.	Buy - Position Entry	+678,300	-	$45.58K	678,300
Q2 2015	ABT Abbott Laboratories	Abbott Laboratories	Buy	+773,768	+15.0%	$290.38K	5,916,570
Q2 2015	ACN Accenture plc	Accenture plc	Sell - Position Exit	-574,183	-100.0%	$0.00	-
Q2 2015	ADI Analog Devices, Inc.	Analog Devices, Inc.	Buy	+832,152	+180.9%	$82.94K	1,292,150
Q2 2015	ADP Automatic Data Processing, Inc.	Automatic Data Processing, Inc.	Sell	-202,702	-7.3%	$206.66K	2,575,792
Q2 2015	AEM Agnico Eagle Mines Limited	Agnico Eagle Mines Limited	Sell	-1,282,375	-7.2%	$471.89K	16,626,898
Q2 2015	AIG American International Group, I	American International Group, I	Sell	-33,340	-0.5%	$376.10K	6,083,800
Q2 2015	AMGN Amgen Inc.	Amgen Inc.	Sell	-48,328	-9.7%	$68.98K	449,294
Q2 2015	AMP Ameriprise Financial, Inc.	Ameriprise Financial, Inc.	Sell	-3,936	-15.6%	$2.66K	21,324
Q2 2015	APD Air Products and Chemicals, Inc	Air Products and Chemicals, Inc	Buy	+25,800	+10.6%	$36.85K	269,300
Q2 2015	AXP American Express Company	American Express Company	Buy	+240,639	+2.1%	$930.85K	11,976,991
Q2 2015	BAX Baxter International Inc.	Baxter International Inc.	Buy	+841,586	+76507.8%	$58.93K	842,686
Q2 2015	BDX Becton, Dickinson and Company	Becton, Dickinson and Company	Buy	+649,257	+98.4%	$185.40K	1,308,855
Q2 2015	BK The Bank of New York Mellon Cor	The Bank of New York Mellon Cor	Sell	-451,575	-1.6%	$1.15M	27,491,214
Q2 2015	BMY Bristol-Myers Squibb Company	Bristol-Myers Squibb Company	Sell	-1,167	-8.1%	$887.00	13,325
Q2 2015	BND Vanguard Total Bond Market ETF	Vanguard Total Bond Market ETF	Buy - Position Entry	+374,000	-	$30.39K	374,000
Q2 2015	BRK-A Berkshire Hathaway Inc.	Berkshire Hathaway Inc.	Sell	-39	-1.1%	$717.59K	3,503
Q2 2015	BRO Brown & Brown, Inc.	Brown & Brown, Inc.	Buy	+3,138,093	+93.0%	$213.97K	6,511,567
Q2 2015	BTG B2Gold Corp	B2Gold Corp	Buy - Position Entry	+4,059,000	-	$6.21K	4,059,000
Q2 2015	CAR Avis Budget Group, Inc.	Avis Budget Group, Inc.	Sell	-21,425	-1.3%	$70.41K	1,597,262
Q2 2015	CCU Compania Cervecerias Unidas, S.	Compania Cervecerias Unidas, S.	Buy	+53,074	+1.1%	$102.67K	4,847,391
Q2 2015	CF CF Industries Holdings, Inc.	CF Industries Holdings, Inc.	Buy	+1,961,916	+474.0%	$152.72K	2,375,781
Q2 2015	CINF Cincinnati Financial Corporatio	Cincinnati Financial Corporatio	Sell	-108,208	-1.1%	$486.33K	9,691,675
Q2 2015	CL Colgate-Palmolive Company	Colgate-Palmolive Company	Sell	-56,339	-1.2%	$314.80K	4,812,689
Q2 2015	CMCSA Comcast Corporation	Comcast Corporation	Buy	+452,934	+103.1%	$53.65K	892,143
Q2 2015	CMTL Comtech Telecommunications Corp	Comtech Telecommunications Corp	Sell	-664	-0.0%	$49.40K	1,700,603
Q2 2015	CNQ Canadian Natural Resources Limi	Canadian Natural Resources Limi	Sell	-202,961	-0.9%	$634.17K	23,358,814
Q2 2015	COP ConocoPhillips	ConocoPhillips	Sell	-83,487	-1.1%	$469.93K	7,652,390
Q2 2015	CORT Corcept Therapeutics Incorporat	Corcept Therapeutics Incorporat	Buy - Position Entry	+200,000	-	$1.20K	200,000
Q2 2015	CTAS Cintas Corporation	Cintas Corporation	Sell	-234,246	-2.6%	$746.32K	8,822,843

Page 1 of 5