Smith Thomas W Divests Majority Holdings in Q3 2026
This quarter, Smith Thomas W sold significant positions across several stocks while maintaining a concentrated portfolio.
As of June 30, 2026, investor Smith Thomas W managed a substantial portfolio valued at $112.6 million.
The most notable change during this period was the significant reduction in holdings of BRITISH AMERN TOB PLC (BTI). The position saw a sharp decline, with shares decreasing by 54.47% to stand at $9.93 million in the portfolio.
Across all holdings tracked in this filing, Smith Thomas W engaged primarily in selling activities:
- CACC: Holdings of Credit Accept Co. Michigan (CACC) decreased by 12.41% quarter-over-quarter.
- G2143T103: Cimpress PLC experienced a reduction in shares, though its allocation percentage remained unchanged at $10.4 million.
- WAYFAIR INC (W): The position saw an 8.37% decrease in share count for World Accept Co. Corporation (WRLD).
These changes resulted in a portfolio turnover rate dominated by sales, with no disclosed purchases or new positions added during this quarter.
The investor's allocation shifted slightly due to these exits:
- Financial Services: The sector allocation decreased from 61.14% to approximately 59.73%, primarily due to the reduction in BTI and WRLD.
- CIMPRESS PLC (G2143T103) remains categorized as 'Unknown' with no change in its $10.4 million allocation.
- Consumer Defensive: The BTI sale completely removed this sector from the top holdings list, though it still holds a position at $9.93 million.
In summary, Smith Thomas W's portfolio saw substantial reductions in key positions during Q3 2026 with no evidence of buying activity or new stock additions reported for this period.