First Eagle Sells JPMorgan, Nexen and Wells Fargo

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HFA Staff
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First Eagle Investment Management LLC has published its 13F for the quarter which ended on 31st December 2012. The value fund, found by Jean Marie-Eveillard which boasts George Soros as a former employee, made a bunch of changes in its equity holding in the fourth quarter. Here’s a run down of the firm’s buy and sell during the last three months of 2012. The company’s largest holding, with 46,147,106 shares and a market value of more than $900,000,000 is Cisco Systems Inc. (NASDAQ:CSCO). First Eagle shed 540,834 shares in the company during the last three months of the year, leaving Cisco…

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The post above is drafted by the collaboration of the Hedge Fund Alpha Team.