First Eagle Investment’s Top Basic Materials Stocks: GFI, COP, NEM, HMY, PWE, CVE

Wall St. Watchdog reveals information regarding First Eagle Investment Management’s top holdings in the Basic Materials sector for the quarter ending September 30th, 2011. The firm held 59 stocks in the Basic Materials sector at the end of the quarter with an aggregate market value of $4.699 billion.

  • Gold Fields Ltd. (NYSE:GFI): On 06/30/2011, First Eagle Investment Management reported holding 40,684,072 shares with a market value of $593,580,617. This comprised 2.8% of the total portfolio. On 09/30/2011, First Eagle Investment Management reported holding 40,341,557 shares with a market value of $618,032,641. This comprised 3.1% of the total portfolio. The net change in shares for this position over the two quarters is -342,515. About Company: Gold Fields Limited produces precious metals. The Company has mines in South Africa, Ghana, and Australia, as well as a partnership in Finland. Gold Fields has a precious metals programs in Africa, Australasia, Europe, North America, and South America.
  • Conocophillips (NYSE:COP): On 06/30/2011, First Eagle Investment Management reported holding 5,830,400 shares with a market value of $438,387,790. This comprised 2.07% of the total portfolio. On 09/30/2011, First Eagle Investment Management reported holding 7,302,528 shares with a market value of $462,396,071. This comprised 2.32% of the total portfolio. The net change in shares for this position over the two quarters is 1,472,128. About Company: ConocoPhillips is an international, integrated energy company which operates in several business segments. The Company explores for and produces petroleum, and refines, markets, supplies, and transports petroleum. ConocoPhillips also gathers and processes natural gas, and produces and distributes chemicals and plastics.
  • Newmont Mining Corp. (NYSE:NEM): On 06/30/2011, First Eagle Investment Management reported holding 5,797,175 shares with a market value of $312,873,542. This comprised 1.47% of the total portfolio. On 09/30/2011, First Eagle Investment Management reported holding 6,014,491 shares with a market value of $378,612,213. This comprised 1.9% of the total portfolio. The net change in shares for this position over the two quarters is 217,316. About Company: Newmont Mining Corporation acquires, explores, and develops mineral properties. The Company produces gold from operations in the United States, Australia, Peru, Indonesia, Ghana, Canada, New Zealand and Mexico. Newmont also mines and processes copper in Indonesia.
  • Harmony Gold Mining Co. Ltd. (NYSE:HMY): On 06/30/2011, First Eagle Investment Management reported holding 22,377,989 shares with a market value of $295,837,021. This comprised 1.39% of the total portfolio. On 09/30/2011, First Eagle Investment Management reported holding 22,518,825 shares with a market value of $264,145,807. This comprised 1.32% of the total portfolio. The net change in shares for this position over the two quarters is 140,836. About Company: Harmony Gold Mining Company Limited is a mining company which produces gold from its operations in the district of Virginia, Orange Free State. Harmony owns and operates the Harmony, Randfontein, Evander, Consolidated Modderfontein, Grootvei and Bissett gold mines. Harmony also has gold mining operations in Australia.
  • Penn West Energy Trust (NYSE:PWE): On 06/30/2011, First Eagle Investment Management reported holding 6,811,892 shares with a market value of $157,218,467. This comprised 0.74% of the total portfolio. On 09/30/2011, First Eagle Investment Management reported holding 16,871,819 shares with a market value of $249,196,774. This comprised 1.25% of the total portfolio. The net change in shares for this position over the two quarters is 10,059,927. About Company: Penn West Energy Trust is a conventional oil and natural gas producing income trust . The Company is also involved with exploration, development, and operating activities focused in western Canada.
  • Cenovus Energy Inc. (NYSE:CVE): On 06/30/2011, First Eagle Investment Management reported holding 5,451,177 shares with a market value of $205,291,325. This comprised 0.97% of the total portfolio. On 09/30/2011, First Eagle Investment Management reported holding 6,238,381 shares with a market value of $191,580,675. This comprised 0.96% of the total portfolio. The net change in shares for this position over the two quarters is 787,204. About Company: Cenovus Energy Inc. is an integrated oil company. The Company comprises natural gas, crude oil, and natural gas liquids reserves. Cenovus Energy has established natural gas and crude oil production in Alberta and Saskatchewan as well as refineries in Illinois and Texas.
  • Ashland Inc. (NYSE:ASH): On 06/30/2011, First Eagle Investment Management reported holding 816,532 shares with a market value of $52,764,300. This comprised 0.25% of the total portfolio. On 09/30/2011, First Eagle Investment Management reported holding 3,910,679 shares with a market value of $172,617,369. This comprised 0.87% of the total portfolio. The net change in shares for this position over the two quarters is 3,094,147. About Company: Ashland Inc. is a diversified chemical company. The Company provides products and services to a range of businesses, such as adhesives and sealants, building and construction, merchant marine, metal casting, mining, transportation, water and wastewater treatment industries, and others.
  • Goldcorp Inc. (NYSE:GG): On 06/30/2011, First Eagle Investment Management reported holding 3,781,920 shares with a market value of $182,553,280. This comprised 0.86% of the total portfolio. On 09/30/2011, First Eagle Investment Management reported holding 3,781,920 shares with a market value of $172,606,826. This comprised 0.87% of the total portfolio. The net change in shares for this position over the two quarters is 0. About Company: Goldcorp, Inc. is a North American gold producer. The Company has gold mining operations in the United States, Canada, Mexico, Brazil, Argentina, and Australia. Goldcorp owns the Red Lake mine in Ontario.
  • Iamgold Corp. (NYSE:IAG): On 06/30/2011, First Eagle Investment Management reported holding 8,463,892 shares with a market value of $158,782,616. This comprised 0.75% of the total portfolio. On 09/30/2011, First Eagle Investment Management reported holding 8,463,892 shares with a market value of $167,415,790. This comprised 0.84% of the total portfolio. The net change in shares for this position over the two quarters is 0. About Company: IAMGOLD Corporation is a mid-tier gold mining company. The Company is focused in West Africa, the Guiana Shield of South America and in Quebec where it has a pipeline of development and exploration projects.
  • Anglogold Ashanti Ltd. (NYSE:AU): On 06/30/2011, First Eagle Investment Management reported holding 3,526,279 shares with a market value of $148,421,084. This comprised 0.7% of the total portfolio. On 09/30/2011, First Eagle Investment Management reported holding 3,861,569 shares with a market value of $159,714,496. This comprised 0.8% of the total portfolio. The net change in shares for this position over the two quarters is 335,290. About Company: AngloGold Ashanti Limited is a holding company for a group of companies which explore for and mine gold internationally. The Group has operations in the Vaal River and West Witwatersrand areas of South Africa as well as Namibia, Mali, Brazil, Argentina, Australia, Tanzania and the United States.

(Note: Data regarding First Eagle Investment Management’s stock holdings are sourced from whalewisdom.com. All data are assumed to be accurate.)

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