Fenimore Asset Management Q3 2026: Strategic Shifts in Top Holdings and New Positions
Fenimore Asset Management's portfolio reached $4.55 billion as of September 30, 2026, with notable changes in holdings across various sectors.
Fenimore Asset Management Inc. has made several strategic adjustments to its portfolio as of September 30, 2026. The firm's holdings reflect active management across diverse sectors, with a particular focus on Technology and Industrials.
Among the top holdings by weight, Ross Stores (ROST) and Amphenol Corp. (APH) showed significant changes. ROST saw a reduction in shares, while APH experienced a substantial increase. Analog Devices (ADI) and IDEX Corporation (IEX) also decreased their holdings, and Keysight Technologies (KEYS) and Trane Technologies (TT) maintained their positions but saw share reductions.
Significant buying activity was observed in several stocks. Fenimore notably increased its stake in Amphenol Corp. (APH), which now accounts for 5.25% of the portfolio. Other significant buys include Esab Corporation (ESAB), Mobility Global Inc. (MBGL), Stevanato Group (STVN), and Houlihan Lokey Inc. (HLI). These additions suggest a focus on growth potential in sectors like Technology and Industrials.
Conversely, the investor sold substantial portions of certain holdings. Exelservice Holdings (EXLS) saw a significant reduction, effectively exiting the position. The Baldwin Insurance Group Inc. (BWIN) and Brookfield Infrastructure Corp. (BIPC) also experienced major decreases. These exits indicate a strategic shift away from certain sectors or companies.
New positions added during this quarter include holdings in The Baldwin Insurance Group Inc. (BWIN), CDW Corporation (CDW), FTDR Holdings Inc. (FTDR), VRSK Analytics Inc. (VRSK), and UL Solutions Inc. (ULS). These additions, along with the significant changes in existing holdings, demonstrate Fenimore's active approach to portfolio management.
The portfolio's sector allocation remains concentrated, with Technology and Industrials leading the way. However, the changes reflect a dynamic strategy, balancing growth opportunities with risk management. No such activity is disclosed in this filing for sectors like Real Estate or Unknown allocations.