First Eagle Investment Management, LLC filed a Schedule 13G with the SEC on November 10, 2026, reporting beneficial ownership of 509,874 Class A shares of Smith Douglas Homes Corp as of September 30, 2026.

Key Highlights

  • Aggregate beneficial ownership: First Eagle Investment Management, LLC reported beneficial ownership of 509,874 Class A shares, representing 6.1% of the class.
  • Sole voting and dispositive power: First Eagle Investment Management, LLC holds sole voting power and sole dispositive power over all 509,874 shares, with no shared voting or dispositive power.
  • Fund subset: First Eagle Small Cap Opportunity Fund, a registered investment company advised by First Eagle Investment Management, LLC, may be deemed to beneficially own 442,101 of the 509,874 shares, or 5.27% of the company's common stock, according to the filing.
  • Client accounts: The filing states that clients of First Eagle Investment Management, LLC "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."
  • Triggering event date: The date of the event requiring the filing was September 30, 2026.
  • Filer classification: First Eagle Investment Management, LLC is identified as an investment adviser (type IA), organized in Delaware.

First Eagle's Schedule 13G Filing for Smith Douglas Homes Class A Shares

According to the Schedule 13G filed November 10, 2026, First Eagle Investment Management, LLC (FEIM), an investment adviser registered under Section 203 of the Investment Advisers Act of 1940, reported beneficial ownership of 509,874 Class A shares of Smith Douglas Homes Corp (NYSE:SDHC), representing 6.1% of the class. The filing identifies the CUSIP number as 83207R107 and lists the issuer's principal offices at 110 Village Trail, Suite 215, Woodstock, GA 30188.

The filing discloses that FEIM "is deemed to be the beneficial owner of 509,874 shares, or 6.08% of the common stock believed to be outstanding as a result of acting as investment adviser to various clients." Within that total, the First Eagle Small Cap Opportunity Fund accounts for 442,101 shares, or 5.27% of the company's common stock, as reported in Item 6 of the filing. Both FEIM and the First Eagle Small Cap Opportunity Fund are organized in Delaware and share the same principal business address at 1345 Avenue of the Americas, New York, New York 10105.

The filing was signed by David O'Connor, General Counsel, on behalf of both reporting persons. The certification included in the filing states that the securities "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."

What Was Disclosed

First Eagle Investment Management, LLC and its affiliated First Eagle Small Cap Opportunity Fund filed a Schedule 13G disclosing combined beneficial ownership of 509,874 Class A shares of Smith Douglas Homes Corp, equal to 6.1% of the class, as of September 30, 2026.