Absher Wealth Management Q2 2026 Portfolio Activity: New Purchases, Major Sales
Absher Wealth Management's portfolio saw notable changes in Q2 2026, including new positions like BRO and significant exits from SBUX and PAYX.
As of June 30th, 2026, Absher Wealth Management (institution profile) has managed a substantial portfolio valued at $878 million. This period saw significant shifts in holdings compared to the previous quarter.
New Purchases and Increased Holdings
Absher Wealth Management initiated several new positions during Q2 2026, demonstrating an active investment strategy. Notably, they established a position in BRO (BRO profile) with a nearly 100% increase in shares held (418399 shares). This suggests confidence in Brown & Brown Inc.'s prospects. Another significant addition was MCD (MCD profile), where the firm increased its stake by 52.2%, adding 31,315 shares.
Additionally, they bolstered existing positions in other sectors. The position in ABT (ABT profile) saw a substantial increase of 34.36% (114,456 shares added), while MTB (MTB profile), despite being sold slightly later in the quarter (-14.93%), remains a significant holding at 5.07% allocation, and ADI (ADI profile) experienced a notable increase of -15.51%, adding 98,731 shares.
Major Sales and Exits
The investor also made decisive exits during the quarter. The position in SBUX (SBUX profile) was completely liquidated, with a 94.46% reduction (-258,159 shares sold). Similarly, PAYX (PAYX profile) saw its entire position wiped out, representing a staggering -98.32% change (4,593 shares sold off completely).
Other holdings were reduced but not entirely removed from the portfolio snapshot provided. This includes CVX (CVX profile) with a -8.65% change (-10,274 shares sold), SNA (SNA profile) at -10.45%, and GOOGL (GOOGL profile) with a small reduction of -4.04% (-3,797 shares sold).
Overall Portfolio Changes and Strategy
The portfolio now holds 71 distinct positions (holding_count). The top five holdings by weight account for approximately 25.61% of the total value (top5_weight_pct). This indicates a concentrated strategy, though spread across multiple sectors.
Absher Wealth Management's portfolio allocation shows strong exposure to certain sectors while minimizing others. Financial Services and Industrials are prominent, followed by Technology and Healthcare. Consumer Defensive (PEP) is also significant at 4.16%. The firm has maintained a diversified approach across various industries.
The data suggests Absher Wealth Management employs an active trading strategy focused on capitalizing on market movements through buying and selling positions with considerable weight changes during the quarter (has_large_buys: true, has_large_sells: true). Their significant buys included BRO, MCD, KLAC (not listed in changed_holdings but mentioned as a buy), CAT (not listed but noted), and BAC (BAC profile). Conversely, they sold out SBUX and PAYX.
Conclusion on Absher Wealth Management's Activity
In summary, Q2 2026 was marked by both strategic additions and removals in Absher Wealth Management's portfolio. The firm added BRO with a full position change and increased stakes in MCD, ABT, MTB, ADI, and others while completely exiting SBUX and PAYX and reducing positions like CVX and GOOGL.
For detailed analysis of these holdings or the institution itself, please refer to Absher Wealth Management's institutional profile on Insiderset and explore individual stock profiles like BRO (BRO profile) or SBUX (SBUX profile).