Jean-Marie Eveillard Q1 2026 Portfolio Activity: Focus on Energy, Materials, and Tech
Jean-Marie Eveillard's First Eagle U.S. Value fund saw significant changes in Energy and Basic Materials sectors during Q1 2026, with notable reductions in holdings like Alphabet and Becton Dickinson.
For the period ending March 31, 2026, Jean-Marie Eveillard's First Eagle U.S. Value fund displayed noteworthy activity across several sectors. The fund managed a total portfolio value of $58.5 billion.
Energy sector holdings saw substantial reductions. Alphabet Inc. (GOOG), a Communication Services stock, experienced a slight decrease in shares (-1.62%), while Becton Dickinson & Co. (BDX), in Healthcare, saw a modest increase (+19.35%). The most significant reduction occurred in Imperial Oil Ltd. (IMO), an Energy stock, which saw a sharp decline of 30.64% in its share count.
In the Basic Materials sector, Wheaton Precious Metals Corp. (WPM) faced a significant reduction (-17.5%), while Franco Nev Corp. (FNV) saw a substantial increase (+30.26%).
Healthcare allocation also showed a decrease for HCA Healthcare Inc. (HCA), which saw a 16.96% reduction in shares.
Technology sector saw a notable reduction in Taiwan Semiconductor Manufacturing Co. (TSM), with a 41.76% decrease in shares. Consumer Defensive allocation increased slightly for Fomento Economico Mexicano S (FMX) with a 3.15% increase.
No new positions were disclosed in this filing. Jean-Marie Eveillard continues to manage a diverse portfolio, with Alphabet Inc. (GOOG), Becton Dickinson & Co. (BDX), Wheaton Precious Metals Corp. (WPM), Imperial Oil Ltd. (IMO), and Meta Platforms Inc. (META) remaining among the largest holdings.
For more detailed analysis of Jean-Marie Eveillard's investment strategy, visit First Eagle U.S. Value. To explore specific stock movements, check out the individual company profiles: GOOG, BDX, WPM, IMO, and META.