# Newmont (NEM): value investors who own it | moatshark

5 value investors held Newmont in their Q3 2026 13F, led by Muhlenkamp & Company, Semper Augustus, First Eagle Investment Management, Horizon Kinetics…

## 13F holders

| Manager | Portfolio | Value | Change | Quarters held |
| --- | --- | --- | --- | --- |
| Muhlenkamp & Company | 6.3% | $21.6m | Trimmed 0.0% | 11 |
| Semper Augustus | 4.7% | $41.8m | Trimmed -6.7% | 53 |
| First Eagle Investment Management | 1.8% | $1.1bn | Trimmed -3.8% | 53 |
| Horizon Kinetics | 0.0% | $523k | Trimmed -13% | 26 |
| Mairs & Power | 0.0% | $467k | Unchanged | 6 |

## Directors buying and selling (Form 4, last 12 months)

| Date | Who | Role | Bought or sold | Shares | Value |
| --- | --- | --- | --- | --- | --- |
| 2026-10-01 | Viljoen Natascha | President & CEO | Sold | 3882 | $446k |
| 2026-10-01 | Toth Peter | EVP, Chief Sustain & Dev Off | Sold | 3000 | $344k |
| 2026-09-01 | Viljoen Natascha | President & CEO | Sold | 3882 | $477k |
| 2026-09-01 | Toth Peter | EVP, Chief Sustain & Dev Off | Sold | 3000 | $369k |
| 2026-08-05 | Tabolt Brian | Chief Financial Officer | Sold | 11445 | $1.2m |
| 2026-08-05 | Viljoen Natascha | President & CEO | Sold | 7764 | $807k |
| 2026-08-03 | Toth Peter | EVP, Chief Sustain & Dev Off | Sold | 3000 | $280k |

## Fund holders

| Fund | Manager | Weight | Value | As at |
| --- | --- | --- | --- | --- |
| Muhlenkamp Fund | Muhlenkamp & Company | 5.3% | $13.9m | 2026-06-30 |
| First Eagle Overseas Fund | First Eagle Investment Management | 0.7% | $127m | 2026-07-31 |
| First Eagle Global Fund | First Eagle Investment Management | 0.6% | $438m | 2026-07-31 |

Source: SEC filings, via moatshark (https://www.moatshark.com/s/nem). Values traded and returns are estimates. Not investment advice. Built 2026-10-21.