First Eagle Investment Management significantly reduced its holding in Workday, Inc. (WDAY), selling 8.83 million shares during the third quarter of 2026. According to its latest 13F filing, the firm cut its position by 50%, concluding the period with 8.82 million shares. The remaining stake was valued at approximately $1.68 billion as of September 30.
This trade information, disclosed in a delayed quarterly report filed on November 10, reflects portfolio changes made between the end of June and the end of September. Despite the substantial sale, First Eagle's Q3 2026 commentary highlighted Workday as a leading contributor to fund performance during the quarter, citing the stock's recovery and the business's resilience. The position's weight in First Eagle's reported portfolio decreased from 3.56% to 2.64%.