Biggest position decreases
The largest dollar decreases in a single stock by any fund manager last quarter.
Biggest position decreases
Click a heading to sort the whole list by that column.
Q3 2026 compared with Q2 2026, for the notable funds. Switch to all managers to see the 5,264 managers whose two reports can be compared.
| # | Stock | Fund | Sold (est.) | Shares | Position now | Share of the fund |
|---|---|---|---|---|---|---|
| 1 | GOOG Alphabet Inc. Class C | First Eagle Investment Management | -$2.5B | 14,632,504 → 7,353,228 | $2.5B | 3.9% |
| 2 | BDX Becton, Dickinson and Company | First Eagle Investment Management | -$2.5B | 27,630,670 → 13,883,689 | $2.5B | 3.9% |
| 3 | META Meta Platforms, Inc. | First Eagle Investment Management | -$2.3B | 6,434,706 → 3,231,411 | $2.3B | 3.7% |
| 4 | WPM Wheaton Precious Metals Corp | First Eagle Investment Management | -$1.8B | 28,430,294 → 14,721,546 | $2.0B | 3.1% |
| 5 | IMO Imperial Oil Limited | First Eagle Investment Management | -$1.8B | 27,181,394 → 12,830,983 | $1.6B | 2.5% |
| 6 | TSM Taiwan Semiconductor Manufacturing Company Ltd. | First Eagle Investment Management | -$1.7B | 7,491,194 → 3,761,046 | $1.7B | 2.7% |
| 7 | WDAY Workday, Inc. | First Eagle Investment Management | -$1.7B | 17,649,034 → 8,820,931 | $1.7B | 2.6% |
| 8 | CRM Salesforce, Inc. | First Eagle Investment Management | -$1.7B | 14,612,068 → 7,335,996 | $1.7B | 2.6% |
| 9 | NVDA NVIDIA Corporation | Renaissance Technologies | -$1.6B | 7,091,256 → 23,170 | $5.3M | 0.0% |
| 10 | ELV Elevance Health, Inc. | First Eagle Investment Management | -$1.6B | 8,376,392 → 4,198,657 | $1.6B | 2.6% |
| 11 | BNY The Bank of New York Mellon Corporation | First Eagle Investment Management | -$1.6B | 18,533,830 → 7,307,717 | $1.1B | 1.7% |
| 12 | FMX Fomento Economico Mexicano S.A.B. de C.V. | First Eagle Investment Management | -$1.5B | 26,016,552 → 12,982,143 | $1.5B | 2.4% |
| 13 | META Meta Platforms, Inc. | Renaissance Technologies | -$1.5B | 2,023,153 → 1,577 | $1.2M | 0.0% |
| 14 | HCA HCA Healthcare, Inc. | First Eagle Investment Management | -$1.4B | 6,591,130 → 3,266,712 | $1.4B | 2.2% |
| 15 | PM Philip Morris International Inc | First Eagle Investment Management | -$1.4B | 11,850,936 → 4,491,052 | $857.0M | 1.3% |
| 16 | SLB SLB Limited | First Eagle Investment Management | -$1.4B | 57,827,466 → 29,166,641 | $1.4B | 2.2% |
| 17 | MET MetLife, Inc. | Dodge & Cox | -$1.4B | 48,431,150 → 33,642,167 | $3.2B | 1.7% |
| 18 | CHRW C.H. Robinson Worldwide, Inc. Exited | First Eagle Investment Management | -$1.4B | 7,284,906 → Exited | Exited | 0.0% |
| 19 | ADP Automatic Data Processing, Inc. | First Eagle Investment Management | -$1.3B | 10,347,858 → 5,187,183 | $1.3B | 2.1% |
| 20 | WTW Willis Towers Watson Public Limited Company | First Eagle Investment Management | -$1.3B | 8,951,720 → 4,479,774 | $1.3B | 2.0% |
| 21 | FNV Franco-Nevada Corporation | First Eagle Investment Management | -$1.3B | 10,546,634 → 5,222,870 | $1.2B | 2.0% |
| 22 | NEM Newmont Corporation | First Eagle Investment Management | -$1.2B | 23,140,652 → 12,342,538 | $1.4B | 2.2% |
| 23 | MDT Medtronic plc. | First Eagle Investment Management | -$1.2B | 27,567,966 → 13,948,408 | $1.2B | 1.9% |
| 24 | SUI Sun Communities, Inc. | Dodge & Cox | -$1.1B | 9,500,781 → 2,500 | $276.9K | 0.0% |
| 25 | AEM Agnico Eagle Mines Limited | First Eagle Investment Management | -$1.0B | 10,385,276 → 4,667,078 | $854.7M | 1.3% |
| 26 | BIO Bio-Rad Laboratories, Inc. Class A | First Eagle Investment Management | -$1.0B | 5,212,438 → 2,455,580 | $927.5M | 1.5% |
| 27 | ABEV Ambev S.A. | First Eagle Investment Management | -$1.0B | 698,646,434 → 348,582,133 | $1.0B | 1.6% |
| 28 | PLTR Palantir Technologies Inc. | Renaissance Technologies | -$1.0B | 7,568,370 → 2,221,974 | $415.6M | 0.6% |
| 29 | MSFT Microsoft Corporation | First Eagle Investment Management | -$982.0M | 3,880,430 → 1,965,807 | $1.0B | 1.6% |
| 30 | WY Weyerhaeuser Company | First Eagle Investment Management | -$972.2M | 102,358,564 → 51,323,246 | $977.7M | 1.5% |
| 31 | ORCL Oracle Corporation | First Eagle Investment Management | -$961.7M | 17,033,756 → 10,029,416 | $1.4B | 2.2% |
| 32 | CMCSA Comcast Corporation | First Eagle Investment Management | -$800.5M | 76,345,970 → 39,556,811 | $860.8M | 1.4% |
| 33 | B Barrick Mining Corporation | First Eagle Investment Management | -$800.4M | 39,836,596 → 20,157,149 | $819.8M | 1.3% |
| 34 | UHS Universal Health Services, Inc. | First Eagle Investment Management | -$791.7M | 9,109,340 → 4,565,943 | $795.7M | 1.2% |
| 35 | IFF International Flavors & Fragrances, Inc. | First Eagle Investment Management | -$784.7M | 18,819,396 → 9,419,950 | $786.4M | 1.2% |
| 36 | GLD SPDR Gold Shares | First Eagle Investment Management | -$761.3M | 4,983,246 → 2,984,287 | $1.1B | 1.8% |
| 37 | WAT Waters Corporation | First Eagle Investment Management | -$756.7M | 2,670,216 → 947,989 | $416.5M | 0.7% |
| 38 | ADM Archer-Daniels-Midland Company | Dodge & Cox | -$720.2M | 14,182,325 → 5,110,120 | $405.6M | 0.2% |
| 39 | BRO Brown & Brown, Inc. | First Eagle Investment Management | -$712.1M | 23,455,028 → 11,761,767 | $716.3M | 1.1% |
| 40 | BKNG Booking Holdings Inc. | First Eagle Investment Management | -$707.4M | 9,832,988 → 5,490,893 | $894.5M | 1.4% |
| 41 | CL Colgate-Palmolive Company | First Eagle Investment Management | -$700.0M | 16,411,398 → 8,206,461 | $700.2M | 1.1% |
| 42 | NTR Nutrien Ltd. | First Eagle Investment Management | -$698.4M | 19,942,526 → 10,000,968 | $702.6M | 1.1% |
| 43 | PPG PPG Industries, Inc. | First Eagle Investment Management | -$680.8M | 13,019,648 → 6,494,620 | $677.6M | 1.1% |
| 44 | NSC Norfolk Southern Corporation | Dodge & Cox | -$673.8M | 2,508,128 → 327,449 | $101.2M | 0.1% |
| 45 | EXPD Expeditors International of Washington, Inc. Exited | First Eagle Investment Management | -$658.8M | 4,041,976 → Exited | Exited | 0.0% |
| 46 | CRWD CrowdStrike Holdings, Inc. | Renaissance Technologies | -$599.4M | 2,995,840 → 731,848 | $193.8M | 0.3% |
| 47 | BXP BXP, Inc. | First Eagle Investment Management | -$577.8M | 18,934,494 → 9,479,197 | $579.3M | 0.9% |
| 48 | AMZN Amazon.com, Inc. | Renaissance Technologies | -$570.8M | 2,290,710 → 11,128 | $2.8M | 0.0% |
| 49 | NE Noble Corporation plc A | First Eagle Investment Management | -$558.9M | 27,914,324 → 14,523,873 | $606.2M | 1.0% |
| 50 | NOV NOV Inc. | First Eagle Investment Management | -$546.1M | 61,369,382 → 32,213,601 | $603.4M | 0.9% |
100 rows in all.
Each row is one fund and one stock: the shares added or sold, times the price per share in the later report. It is an estimate, because a 13F doesn't show the prices a fund actually traded at. A new position wasn't in the fund's earlier report, sometimes because the stock listed in between. Among all managers we keep the 100 largest changes on each side; for the notable funds we keep their own 100 largest on each side, so the notable view isn't limited to the few that rank among everyone's. A change larger than a quarter of the manager's whole portfolio, and moves caused by a stock changing its identifier, are left out as data problems. Share counts are adjusted for stock splits and only common shares are counted. Many of these moves come from index funds adjusting to inflows and index changes rather than from stock picking.
This is information, not investment advice.
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