Southeast Asset Advisors Q2 2026 Portfolio Activity: Focus on Major Buys and Sells
Southeast Asset Advisors, LLC saw its portfolio value increase to $962.8 million as of June 30th, 2026. This period featured notable purchases in large-cap stocks like Alphabet (GOOG) and significant reductions or exits from positions such as Tractor Supply Co.
As of June 30th, 2026, Southeast Asset Advisors, Llc managed a substantial portfolio valued at $962.8 million.
The firm's activity during this quarter was marked by significant changes in its holdings:
- Major Purchases: Southeast notably increased its stake in Alphabet Inc (GOOG) by 0.82%, adding shares to a position that now accounts for about 15% of the portfolio.
- The firm also boosted its holding in Berkshire Hathaway Inc (BRK-B), increasing it by 0.06%. This addition strengthens Southeast's exposure within the Financial Services sector, which currently holds approximately $203 million or 20.51% of the total portfolio value.
- Furthermore, there were substantial new purchases in sectors like Technology and Industrials:
- ENTEGRIS Inc (ENTG): Southeast acquired a significant position with an increase of over 199%, adding $3.5 million to the portfolio.
- BWX Technologies Inc (BWXT): A nearly 100% increase was observed in this Industrials holding, contributing about $2.9 million.
- Significant Reductions/Exits: The firm substantially decreased or exited positions in several companies:
- SCHWAB Charles Corp (SCHW): A large sale resulted in a nearly 100% reduction (-93.2%) from its previous stake, lowering the allocation by $7.5 million.
- Tractor Supply Co (TSCO): Southeast sold off approximately 58% of this Consumer Cyclical holding over the quarter.
- Other Purchases: Increases were noted for holdings like Vanguard Index Fund Shares (VOO), Paychex Inc (PAYX), and Horizon Technology Finance Corp (HRZN).
- Other Sales/Reductions: Decreases occurred in positions such as Flowers Foods (FLO) (-8.13%), Brown & Brown Inc (BRO) (-21.38%), and Ares Capital Corp (ARCC). The firm also completely exited Compass Diversified (CODI).
Conversely, Southeast Asset Advisors Llc also made notable adjustments to other parts of its portfolio:
In addition to these major shifts, the investor also engaged in smaller-scale buying and selling activities:
These changes reflect Southeast Asset Advisors' dynamic investment strategy, involving both the acquisition of large-cap stocks like GOOG and adjustments to existing holdings.