First Eagle Investment Management, LLC has filed a Schedule 13G reporting beneficial ownership in Weyerhaeuser Co as of 12/31/2025. The firm reports beneficial ownership of 38,070,081 Weyerhaeuser shares, representing 5.3% of the REIT’s outstanding common stock.
First Eagle reports sole voting power over 34,882,133 shares and sole dispositive power over the full 38,070,081 shares, with no shared voting or dispositive power. The securities are held principally on behalf of investment advisory clients and are certified as held in the ordinary course of business without intent to influence control.
Positive
None.
Negative
None.
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
Weyerhaeuser Co
(Name of Issuer)
REIT
(Title of Class of Securities)
962166104
(CUSIP Number)
12/31/2025
(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
Rule 13d-1(b)
Rule 13d-1(c)
Rule 13d-1(d)
SCHEDULE 13G
CUSIP No.
962166104
1
Names of Reporting Persons
First Eagle Investment Management, LLC
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
DELAWARE
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
34,882,133.03
6
Shared Voting Power
0.00
7
Sole Dispositive Power
38,070,081.01
8
Shared Dispositive Power
0.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
38,070,081.01
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
5.3 %
12
Type of Reporting Person (See Instructions)
IA
SCHEDULE 13G
Item 1.
(a)
Name of issuer:
Weyerhaeuser Co
(b)
Address of issuer's principal executive offices:
220 OCCIDENTAL AVENUE SOUTH, SEATTLE, WA, 98104
Item 2.
(a)
Name of person filing:
First Eagle Investment Management, LLC,
(b)
Address or principal business office or, if none, residence:
First Eagle Investment Management, LLC - 1345 Avenue of the Americas, New York, 10105, New York, United States /
(c)
Citizenship:
First Eagle Investment Management, LLC - DELAWARE,
(d)
Title of class of securities:
REIT
(e)
CUSIP No.:
962166104
Item 3.
If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)
Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)
Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)
Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)
Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)
An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)
An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)
A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)
A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)
A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)
A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J),
please specify the type of institution:
(k)
Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.
Ownership
(a)
Amount beneficially owned:
38,070,081
(b)
Percent of class:
5.3 %
(c)
Number of shares as to which the person has:
(i) Sole power to vote or to direct the vote:
34,882,133
(ii) Shared power to vote or to direct the vote:
0
(iii) Sole power to dispose or to direct the disposition of:
38,070,081
(iv) Shared power to dispose or to direct the disposition of:
0
Item 5.
Ownership of 5 Percent or Less of a Class.
Not Applicable
Item 6.
Ownership of more than 5 Percent on Behalf of Another Person.
If any other person is known to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, such securities, a statement to that effect should be included in response to this item and, if such interest relates to more than 5 percent of the class, such person should be identified. A listing of the shareholders of an investment company registered under the Investment Company Act of 1940 or the beneficiaries of employee benefit plan, pension fund or endowment fund is not required.
Securities reported on this Schedule 13G as being beneficially owned by First Eagle Investment Management, LLC are held by or at the direction of First Eagle Investment Management, LLC and/or one or more of its investment adviser subsidiaries, which may include First Eagle Separate Account Management, LLC, principally on behalf of investment advisory clients, which may include investment companies registered under the Investment Company Act, employee benefit plans, pension funds, other institutional clients, or separate accounts, but sometimes for its own account.
First Eagle Investment Management, LLC (FEIM), an investment adviser registered under Section 203 of the Investment Advisers Act of 1940, is deemed to be the beneficial owner of 38,070,081.01 shares, or 5.28% of the common stock believed to be outstanding as a result of acting as investment adviser to various clients. Clients of FEIM have the right to receive and the ultimate power to direct the receipt of dividends from, or the proceeds of the sale of, such securities.
Item 7.
Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
Not Applicable
Item 8.
Identification and Classification of Members of the Group.
Not Applicable
Item 9.
Notice of Dissolution of Group.
Not Applicable
Item 10.
Certifications:
By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11.
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
What stake does First Eagle Investment Management report in Weyerhaeuser (WY)?
First Eagle Investment Management reports beneficial ownership of 38,070,081 Weyerhaeuser shares, representing 5.3% of the REIT’s common stock. This position is disclosed on a Schedule 13G, indicating a passive ownership stake as of December 31, 2025.
How much voting power does First Eagle have over Weyerhaeuser (WY) shares?
First Eagle reports sole voting power over 34,882,133 Weyerhaeuser shares and no shared voting power. It also reports sole dispositive power over 38,070,081 shares, meaning it can decide how those shares are sold or held for its clients.
Is First Eagle’s Weyerhaeuser (WY) stake intended to influence control of the company?
The filing states the securities were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control of Weyerhaeuser. It also notes they are not held in connection with any control-related transaction.
On what date is First Eagle’s reported Weyerhaeuser (WY) ownership measured?
The reported Weyerhaeuser ownership is measured as of December 31, 2025. At that date, First Eagle Investment Management is deemed the beneficial owner of 38,070,081 shares, or approximately 5.3% of the company’s outstanding common stock.
Who ultimately benefits from First Eagle’s Weyerhaeuser (WY) holdings?
The shares are held by or at the direction of First Eagle and its adviser subsidiaries principally on behalf of investment advisory clients, including funds, employee benefit plans, pension funds, and other institutional accounts, whose clients have rights to dividends and sale proceeds.
What type of investor is First Eagle in relation to Weyerhaeuser (WY)?
First Eagle Investment Management, LLC is described as an investment adviser registered under the Investment Advisers Act of 1940. It files this Schedule 13G as a passive institutional investor, managing Weyerhaeuser shares chiefly for advisory clients rather than for control.