First Eagle Investment Management significantly increased its position in Douglas Emmett Inc. (DEI), a REIT focused on office and multifamily properties in Los Angeles and Honolulu. According to a quarterly disclosure filed on August 24, 2026, the firm boosted its holdings by 100% to 27.92 million shares. This transaction, which occurred sometime during the second quarter ending June 30, increased the value of First Eagle's stake to $329.42 million.
Investors should note that 13F filings are released with a delay, reflecting trades made in the prior quarter. Douglas Emmett's second quarter was marked by a 2% year-over-year revenue increase to $256.55 million and strong office leasing of 960,000 square feet. However, the company reported a net loss of $2.7 million, largely due to higher interest expenses. First Eagle's substantial investment came as other institutions, like BlackRock, also initiated large positions in the REIT during the same period.