In a recent SEC filing, First Eagle Investment Management revealed it had more than doubled its investment in Enterprise Products Partners (EPD), increasing its holdings by over 101%. The firm's stake grew from 1.94 million to 3.92 million shares, raising the position's total value to approximately $144 million as of the reporting date.
Investors should note that this disclosure, filed on August 24, 2026, reflects trading activity that occurred during the second quarter ending June 30. The move coincided with a strong performance period for Enterprise Products, which reported a 60.8% year-over-year revenue increase for Q2 2026, driven by higher pipeline and marine terminal volumes amid strong international demand. [1, 2, 12]