Sysco, Home Depot and Visa Among First Eagle Investment’s Favorite Services Stocks in Q3

Wall St. Watchdog reveals information regarding First Eagle Investment Management’s top holdings in the Services sector for the quarter ending September 30th, 2011. The firm held 43 stocks in the Services sector at the end of the quarter with an aggregate market value of $3.137 billion.

  • Sysco Corp. (NYSE:SYY): On 06/30/2011, First Eagle Investment Management reported holding 16,553,924 shares with a market value of $516,151,355. This comprised 2.43% of the total portfolio. On 09/30/2011, First Eagle Investment Management reported holding 19,509,433 shares with a market value of $505,294,307. This comprised 2.53% of the total portfolio. The net change in shares for this position over the two quarters is 2,955,509. About Company: Sysco Corporation distributes food and related products primarily to the foodservice industry. The Company also distributes personal care guest amenities, housekeeping supplies, room accessories, and textiles to the lodging industry.
  • Grupo Televisa Sa (NYSE:TV): On 06/30/2011, First Eagle Investment Management reported holding 23,182,723 shares with a market value of $570,294,995. This comprised 2.69% of the total portfolio. On 09/30/2011, First Eagle Investment Management reported holding 26,856,034 shares with a market value of $493,882,449. This comprised 2.48% of the total portfolio. The net change in shares for this position over the two quarters is 3,673,311. About Company: Grupo Televisa S.A. is the largest media company in the Spanish-speaking world, and a major player in the international entertainment business. It has interests in television production and broadcasting, programming, direct-to-home satellite services, publishing and publishing distribution, cable television, radio production, show business, feature film and internet portal.
  • Cintas Corporation (NASDAQ:CTAS): On 06/30/2011, First Eagle Investment Management reported holding 16,276,792 shares with a market value of $537,622,420. This comprised 2.53% of the total portfolio. On 09/30/2011, First Eagle Investment Management reported holding 16,640,797 shares with a market value of $468,272,017. This comprised 2.35% of the total portfolio. The net change in shares for this position over the two quarters is 364,005. About Company: Cintas designs, manufactures and implements corporate identity uniform programs. The Company also provides entrance mats, restroom supplies, promotional products, document management, fire protection, and first aid and safety services.
  • The Home Depot Inc. (NYSE:HD): On 06/30/2011, First Eagle Investment Management reported holding 10,095,888 shares with a market value of $365,673,076. This comprised 1.72% of the total portfolio. On 09/30/2011, First Eagle Investment Management reported holding 9,786,441 shares with a market value of $321,680,305. This comprised 1.61% of the total portfolio. The net change in shares for this position over the two quarters is -309,447. About Company: The Home Depot, Inc. is a home improvement retailer that sells building materials and home improvement products. The Company’s sell a wide assortment of building materials, home improvement and lawn and garden products and provide a number of services. Home Depot operates throughout the U.S. (including Puerto Rico, the Virgin Islands and Guam), Canada, China, and Mexico.
  • Omnicom Group Inc. (NYSE:OMC): On 06/30/2011, First Eagle Investment Management reported holding 7,025,613 shares with a market value of $338,353,521. This comprised 1.59% of the total portfolio. On 09/30/2011, First Eagle Investment Management reported holding 7,346,383 shares with a market value of $270,640,751. This comprised 1.36% of the total portfolio. The net change in shares for this position over the two quarters is 320,770. About Company: Omnicom Group Inc. provides advertising, marketing and corporate communications services. The Company’s agencies, which operate in major markets around the world, provide a comprehensive range of services including traditional media advertising; customer relationship management (“CRM”); public relations; and specialty communications.
  • Visa Inc. (NYSE:V): On 06/30/2011, First Eagle Investment Management reported holding 2,811,098 shares with a market value of $236,863,123. This comprised 1.12% of the total portfolio. On 09/30/2011, First Eagle Investment Management reported holding 2,853,586 shares with a market value of $244,609,395. This comprised 1.23% of the total portfolio. The net change in shares for this position over the two quarters is 42,488. About Company: Visa Inc. operates a retail electronic payments network and manages global financial services. The Company also offers global commerce through the transfer of value and information among financial institutions, merchants, consumers, businesses and government entities.
  • Mastercard Incorporated (NYSE:MA): On 06/30/2011, First Eagle Investment Management reported holding 716,147 shares with a market value of $215,803,734. This comprised 1.02% of the total portfolio. On 09/30/2011, First Eagle Investment Management reported holding 727,607 shares with a market value of $230,767,839. This comprised 1.16% of the total portfolio. The net change in shares for this position over the two quarters is 11,460. About Company: MasterCard, Inc. is a global payment solutions company that provides a variety of services in support of the credit, debit and related payment programs of financial institutions. The Company offers transaction processing services for credit and debit cards, electronic cash, automated teller machines, and travelers checks.
  • Wal-mart Stores Inc. (NYSE:WMT): On 06/30/2011, First Eagle Investment Management reported holding 2,768,104 shares with a market value of $147,097,045. This comprised 0.69% of the total portfolio. On 09/30/2011, First Eagle Investment Management reported holding 2,870,219 shares with a market value of $148,964,370. This comprised 0.75% of the total portfolio. The net change in shares for this position over the two quarters is 102,115. About Company: Wal-Mart Stores, Inc. operates discount stores, supercenters, and neighborhood markets. The Company’s discount stores and supercenters offer merchandise such as apparel, housewares, small appliances, electronics, and hardware. Walmart’s markets offer a full-line supermarket and a limited assortment of general merchandise. The Company operates nationally and internationally.
  • Macy’s Inc. (NYSE:M): On 06/30/2011, First Eagle Investment Management reported holding 0 shares. On 09/30/2011, First Eagle Investment Management reported holding 3,333,190 shares with a market value of $87,729,560. This comprised 0.44% of the total portfolio. The net change in shares for this position over the two quarters is 3,333,190. About Company: Macy’s, Inc. operates department stores in the United States. The Company also operates direct mail catalog and electronic commerce subsidiaries. Macy’s retail stores sell a wide range of merchandise, including men’s, women’s and children’s apparel and accessories, cosmetics, home furnishings and other consumer goods.
  • Nielsen Holdings N.v. (NYSE:NLSN): On 06/30/2011, First Eagle Investment Management reported holding 4,130,457 shares with a market value of $128,705,039. This comprised 0.61% of the total portfolio. On 09/30/2011, First Eagle Investment Management reported holding 3,260,936 shares with a market value of $85,045,211. This comprised 0.43% of the total portfolio. The net change in shares for this position over the two quarters is -869,521. About Company: Nielsen Holdings N.V. is a global information and measurement company. The Company offers critical media and marketing information, analytics and industry expertise about what consumers watch (consumer interaction with television, online and mobile) and what consumers buy on a global and local basis.

(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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