Hendley & Co Inc Portfolio Shifts: Q1 2026 Insights

As of Hendley & Co Inc's latest filing dated 2026-06-30, the investment firm's portfolio has undergone several notable changes during Q1. The total portfolio value stands at $261,884, reflecting adjustments from previous periods.

Among the most significant actions this quarter are two new positions initiated by Hendley & Co Inc: TJX COMPANIES INC (TJX) and BLACK HILLS CORP (BKH). These additions, representing new investments, now contribute 1.21% and 1.11% respectively to the portfolio's allocation.

The investor also demonstrated a strong buying interest in BROWN FORMAN CL B (BF-B), significantly increasing its stake by 66.7% in terms of portfolio allocation and adding approximately 21,385 shares to the existing position. This substantial increase suggests confidence in this Consumer Defensive stock.

In contrast, Hendley & Co Inc has divested from several major holdings during Q1. The firm sold shares of MICROSOFT CORPORATION (MSFT), reducing its portfolio allocation by 28.05% and decreasing the total stock value significantly. Similarly, there was a notable reduction in holdings of CHEVRON CORPORATION (CVX) (-4.64%) and AMPHENOL CORPORATION CL A (APH) (-18.5%), indicating a strategic exit or reduction from these positions.

The overall portfolio turnover rate, indicated by the position change count of 38 and numerous share changes across holdings like VISA INC (V), suggests active management during this quarter. The top five holdings now account for approximately 34% of the portfolio, slightly below their previous combined weight.

Hendley & Co Inc's Q1 activities show a clear preference towards sectors like TJX COMPANIES INC and new utilities exposure via BKH, while reducing its footprint in large-cap technology stocks. Further details on specific stock changes can be found within the filing data.