Hendley & Co Inc Portfolio Changes: Q4 2026 Investment Activity Analysis

In Q4 2026, Hendley & Co Inc's investment strategy saw notable shifts as the firm adjusted its holdings, focusing on specific sectors and individual stocks. The changes reflect a dynamic approach to portfolio management, with the firm engaging in strategic buying and selling activities.

Notable Purchases

Hendley & Co Inc demonstrated active buying in several stocks during the quarter. The firm significantly increased its stake in AMPHENOL Corporation (APH), adding 70,263 shares, representing a 66.66% increase in its position. Similarly, the firm made a substantial purchase of Bank of New York Mellon (BK), acquiring 30,404 shares, which effectively doubled its position. Other significant buys included Waste Management (WM), where Hendley & Co added 27,070 shares, and RBC Bearings Incorporated (RBC), which was a new position added entirely. Additionally, the firm bolstered its position in Texas Instruments (TXN) by adding 15,951 shares, and showed interest in EQT Corporation (EQT) and Schlumberger (SLB) with incremental purchases.

Strategic Sales

Hendley & Co Inc also divested some of its holdings during the quarter. The firm sold a significant portion of its stake in Amazon (AMZN), reducing its position by 38.33%. Similarly, the firm reduced its position in PepsiCo (PEP) by 25.31%. Notably, the firm also sold shares from Microsoft (MSFT) and Abbott Laboratories (ABT), indicating a strategic exit or reduction from these positions.

New Positions Added

In addition to the changes in existing holdings, Hendley & Co Inc initiated new positions in several companies this quarter. The firm entered the market for EQT Corporation (EQT), Schlumberger (SLB), and ConocoPhillips (COP). These additions suggest diversification into sectors like Energy and Consumer Cyclical, complementing its existing focus on Technology and Financial Services.

Reduced Holdings

Conversely, the firm scaled back its exposure in certain sectors. While maintaining a presence in sectors like Technology and Consumer Defensive, the reduction in holdings for AMZN and MSFT could signal a shift in confidence or strategic realignment. The exit from Alphabet (GOOGL) is particularly noteworthy, as it completely removed this position from its top holdings.

Overall Portfolio Shifts

The changes in Q4 2026 indicate a focused approach by Hendley & Co Inc. The firm's buying activities in APH, WM, and TXN suggest confidence in certain Technology and Industrials stocks. The sale of large-cap names like AMZN, MSFT, and ABT might indicate a strategic rebalancing or a shift towards smaller/mid-cap opportunities. The addition of new positions in Energy and Consumer Cyclical sectors adds diversification to the portfolio, which currently holds 47 holdings and maintains a top 5 concentration of 34.2%.

For more detailed information on Hendley & Co Inc's investment strategy and performance, visit Hendley & Co Inc. You can explore their specific stock holdings by visiting the individual company pages, such as AMPHENOL Corporation, Amazon, and others mentioned above.