Edgar Wachenheim III Portfolio Changes in Q2 2026: Strategic Buys and Holdings Shifts

As of June 30, 2026, Edgar Wachenheim III's portfolio managed through Greenhaven Associates has grown significantly to a total value of $8.61 billion. This substantial increase reflects the performance of his holdings during Q2 and demonstrates continued confidence in the selected investments.

The investor demonstrated strong buying activity this quarter, adding several new positions or substantially increasing existing ones:

• Becton Dickinson & Co (BDX) saw a massive 100% increase in shares held, representing one of the most significant additions to his portfolio.
• The investor also substantially increased their stake in Iqvia Hldgs Inc (IQV) by another 100%, indicating strong confidence in this healthcare-focused company.
• Accenture Plc (ACN) was also added entirely at once with a 100% increase, further diversifying his Technology sector exposure.
• Purchases were noted in Dnow Inc, Iqvia Hldgs Inc (IQV) and Becton Dickinson & Co (BDX).
• The portfolio gained new positions in Dnow Inc, Iqvia Hldgs Inc (IQV) and Becton Dickinson & Co (BDX).

Besides these large acquisitions, the investor also made smaller adjustments to other holdings:

• Lennar Corporation - A (LEN) experienced a modest increase of 6.43% in its stake.
• General Motors Co saw an increase of just over 2.77%.
• Toll Brothers, Inc. added a small number of shares (-0.27%), while PulteGroup and D R Horton also saw slight increases.
• Oshkosh Corp (OSK) was slightly increased by 1.09%.
• A few holdings were reduced, including Arrow Electronics Inc, which decreased by -6.95%, and Lear Corporation (-14.22%), although the latter was already a large position.
• Epam Systems (EPAM) also saw an increase of 6.95%.

  The portfolio's allocation shifted during Q2, with new additions impacting sector distribution:

  • The Technology sector gained prominence due to the addition of Becton Dickinson & Co, Accenture Plc (ACN) and Iqvia Hldgs Inc (IQV).
  • The Healthcare sector benefited significantly from the large purchase of shares in Becton Dickinson & Co and Iqvia Hldgs Inc (IQV).
  • The Energy sector saw an increase from its previous allocation due to the addition of shares in SLB Ltd.

    No large-scale selling activity was disclosed by Mr. Wachenheim this quarter, as indicated by the absence of significant sell symbols and a "has_large_sells" indicator set to false. However, some holdings naturally decreased slightly or were exited entirely:

    • Avnet Inc (AVT) experienced a decrease of -3.77% in its portfolio allocation.
    • Meritage Homes Corp was reduced by -10.82%, and Toll Brothers, Inc. saw a small decrease (-0.27%) despite being added recently.
    • SLB Ltd was reduced by -18.48% from its previous quarter allocation.

      The overall portfolio performance this quarter resulted in a total value increase of $563,367,120 (calculated as the difference between the current portfolio's stock value and the sum of prior period values for all holdings). This growth was primarily driven by the substantial additions to several key positions.

      For further details on Mr. Wachenheim III's investment strategy or a complete view of his Greenhaven Associates portfolio, please visit Greenhaven Associates' profile page.