Edgar Wachenheim III's Portfolio Shifts in Q1 2026: Focus on Consumer Cyclical and Technology Stocks
Greenhaven Associates' Edgar Wachenheim III saw his portfolio value increase to $5.98 billion as of March 31, 2026, with notable buying activity in Lennar and Toll Brothers, while reducing holdings in General Motors.
As of March 31, 2026, Edgar Wachenheim III's portfolio at Greenhaven Associates stands at a total value of $5.98 billion, reflecting strategic adjustments during the quarter. His investment activity during this period was characterized by targeted buying in certain sectors and selective selling of existing positions.
Wachenheim III demonstrated a clear preference for Consumer Cyclical stocks during the quarter. He increased his stake in Lennar Corporation (LEN) by 5.33%, adding 537,984 shares, and significantly boosted his position in Toll Brothers, Inc. (TOL) by 0.75%, acquiring an additional 42,122 shares. Similarly, he purchased 9,709 shares of Oshkosh Corp (OSK), representing a 0.39% increase in his holdings.
Conversely, the investor reduced exposure in several areas. He sold a substantial 17.48% of his General Motors Co (GM) holdings, equivalent to 2,652,822 shares. There was also a notable, though smaller, decrease in PulteGroup Inc. (PHM) shares (-0.67%) and D R Horton, Inc. (DHI) shares (-0.49%).
In the Energy sector, Wachenheim III maintained a small position in SLB LTD (SLB), keeping it unchanged at a 0.08% share change. His Technology holdings saw minor adjustments, with Arrow Electronics Inc (ARW) decreasing slightly (-0.22%) and Avnet Inc (AVT) also experiencing a negligible reduction (-0.21%).
For a detailed view of Mr. Wachenheim's portfolio and these specific stock movements, readers can explore the full filing. His investment strategy appears focused on capitalizing on opportunities within the Consumer Cyclical and Technology sectors while strategically reducing exposure in the auto industry.