Wallington Asset Management Q2 2026 Portfolio Activity: Significant Tech Buys, Major Sells
Wallington Asset Management's portfolio saw notable changes in Q2 2026, including a large purchase of NVIDIA stock and significant reductions in holdings like Honeywell Technologies.
As reported by Wallington Asset Management, the portfolio held by this investor experienced substantial shifts during Q2 2026. The total portfolio value stood at $774,715,289 as of June 30th.
The most significant purchase activity identified in these filings was a large acquisition of NVIDIA Corp (NVDA) stock. This position gained over 397% weight during the quarter, indicating substantial new investment into this technology leader. Wallington Asset Management's stake in NVIDIA increased significantly from just 0.31% to a much larger allocation.
Conversely, the investor demonstrated major selling activity during Q2 2026. Honeywell Technologies Inc (HON), an Industrials stock previously holding around $9.3 million of weight, was completely exited by Wallington Asset Management, resulting in a nearly 50% reduction and effectively removing it from the portfolio.
Other notable sales included Alphabet Inc. Class A (GOOGL), which saw its weight plummet by almost 80%, reducing its allocation to just $239,438 worth or 0.03% of the total portfolio value. This significant reduction reflects a major divestment from this Communication Services stock.
While not large buys, there were other additions and minor increases in holdings during Q2 2026. The investor added to their positions in Amazon.com Inc (AMZN) and iShares Gold Trust (IAU), albeit with smaller percentage gains compared to NVDA's dramatic increase.
On the decrease side, besides exiting HON and GOOGL, Wallington Asset Management also saw reductions in Micron Technology Inc (MU) by 32.41%, Vanguard FTSE Developed Market ETF (VEA) by a small fraction (-0.32%), Microsoft Corp (MSFT) by -0.85%, and Goldman Sachs Group Inc (GS) by -0.09%. These changes, along with exits from other positions like GS, show active management of the portfolio.
Overall, Wallington Asset Management's Q2 2026 activity highlights a clear pivot towards high-growth technology names, particularly NVIDIA, while simultaneously divesting from established large caps like GOOGL and HON. The portfolio's sector allocations also reflect these changes.