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First Eagle's Investments of the Last 2 Quarters

- By Tiziano Frateschi

First Eagle Investment (Trades, Portfolio) is an independent firm with an estimated $97 billion in assets under management. The firm manages a portfolio composed of 334 stocks with a total value of $39.105 billion. In the third and fourth quarters of 2016 the guru bought shares in the following stocks:


Threshold Pharmaceuticals Inc. (THLD)

During the third quarter of 2016, the guru increased the position by 86.75% and in the fourth quarter increased it by 18.73%. The guru holds 9.91% of the stock's outstanding shares.

It is a biotechnology company engaged in discovery and development of drugs targeting the microenvironment of solid tumors as novel treatments for patients living with cancer.

Jim Simons (Trades, Portfolio) is another notable shareholder among the gurus with 0.87% of outstanding shares.

Seagate Technology PLC (STX)

During third quarter of 2016, the investor increased the holding by 1,250% and in the fourth quarter increased it by 62.04%. The guru holds 0.15% of the stock's outstanding shares.

It is a provider of electronic data storage solutions. Its products are hard disk drives, hard drives or HDDs. It also produces a range of electronic data storage products including SSHD, SSD, PCIe cards and SATA controllers.

The largest shareholder among the gurus is Jeff Ubben (Trades, Portfolio) with 3.23% of outstanding shares followed by Richard Pzena (Trades, Portfolio) with 2.81%, Joel Greenblatt (Trades, Portfolio) with 0.19%, John Buckingham (Trades, Portfolio) with 0.07%, Simons with 0.03% and Paul Tudor Jones (Trades, Portfolio) with 0.01%.

Novagold Resources Inc. (NG)

During the third quarter of 2016, the guru increased the stake by 19.29% and in fourth quarter, increased it by 47.93%. The guru holds 1.18% of the stock's outstanding shares.

It is a mineral exploration company engaged in the exploration and development of gold and copper mineral properties.

John Paulson (Trades, Portfolio) is the largest shareholder among the gurus with 6.92% of outstanding shares followed by Steven Cohen (Trades, Portfolio) with 0.18% and Murray Stahl (Trades, Portfolio) with 0.06%.

The Medicines Co. (MDCO)

During the third quarter of 2016, the investor increased the position by 83.86% and in the fourth quarter slightly increased it by 3.37%. The guru holds 1.48% of the stock's outstanding shares.

It is a biopharmaceutical company. The company markets Angiomax, Cleviprex injectable emulsion, Minocin for injection, Orbactiv, PreveLeakTM and Recothrom Thrombin topical.

The largest shareholder among the gurus is Vanguard Health Care Fund (Trades, Portfolio) with 7.8% of outstanding shares followed by RS Investment Management (Trades, Portfolio) with 1.68%, Simons with 0.58% and Chuck Royce (Trades, Portfolio) with 0.06%.

Alere Inc. (ALR)

During the third quarter, the guru increased the holding by 52.28% and in the fourth quarter by 42.48%. The guru holds 1.91% of the stock's outstanding shares.

The company enables individuals to take charge of improving their health and quality of life at home. It operates in three segments; professional diagnostics, health information solutions and consumer diagnostics.

Diamond Hill Capital (Trades, Portfolio) is the largest shareholder among the gurus with 2.79% of outstanding shares followed by Private Capital (Trades, Portfolio) with 0.87%, Jeremy Grantham (Trades, Portfolio) with 0.55%, Keeley Asset Management Corp (Trades, Portfolio) with 0.46%, Mario Gabelli (Trades, Portfolio) with 0.44%, Greenblatt with 0.14% and Simons wit 0.09%.

Qualcomm Inc. (QCOM)

During the third quarter of 2016 the guru increased the holding by 60.23%. In the fourth quarter, he added to his position by 150.01%. The guru holds 0.48% of the stock's outstanding shares.

Qualcomm develops digital communication technology called CDMA (Code Division Multiple Access) and owns intellectual property applicable to products that implement any version of CDMA including patents, patent applications and trade secrets.

The largest shareholder among the gurus is Barrow, Hanley, Mewhinney & Strauss with 1.36% of outstanding shares followed by PRIMECAP Management (Trades, Portfolio) with 1.09%, Ken Fisher (Trades, Portfolio) with 0.66%, Spiros Segalas (Trades, Portfolio) with 0.48%, Grantham with 0.46%, Bill Nygren (Trades, Portfolio) with 0.32%, T Rowe Price Equity Income Fund (Trades, Portfolio) with 0.3% and David Rolfe (Trades, Portfolio) with 0.2%.

Imperial Oil Ltd. (IMO)

During the third quarter of 2016, the guru increased his holding by just 0.09% while in the fourth quarter raised it by 42.17%. The guru holds 0.62% of the stock's outstanding shares.

The company is engaged in the exploration for, and production and sale of, crude oil and natural gas. Its operations are conducted in three main segments namely Upstream, Downstream and Chemical.

Ray Dalio (Trades, Portfolio) is another notable shareholder among the gurus with 0.06% of outstanding shares.

Schlumberger Ltd. (SLB)

During the third quarter of 2016, the guru boosted its stake by 508,950.11% and in the fourth quarter slightly increased it by 0.09%. The guru holds 0.58% of the stock's outstanding shares.

Schlumberger is a supplier of technology, integrated project management and information solutions to customers working in the oil and gas industry. Its business segments are Reservoir Characterization Group, Drilling Group and Production Group.

Dodge & Cox is the largest shareholder among the gurus with 3.38% of outstanding shares followed by Manning & Napier Advisors Inc. with 0.43%, Frank Sands (Trades, Portfolio) with 0.39%, Ken Fisher (Trades, Portfolio) with 0.3%, PRIMECAP Management with 0.28%, David Rolfe with 0.23% and Pioneer Investments (Trades, Portfolio) with 0.21%.

Disclosure: I do not own any shares of any stocks mentioned in this article.

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This article first appeared on GuruFocus.