Washington Trust Co Portfolio Changes Q2 2026: Significant Buys & Sells
Washington Trust Co's portfolio saw substantial changes in Q2 2026, highlighted by significant purchases of KLAC and BKNG alongside major sales.
As reported on Washington Trust Co's filing, the investment portfolio held as of June 30, 2026, showed notable shifts during the second quarter. The total value remained substantial at approximately $3.2 billion.
The investor exhibited a clear pattern of buying individual stocks while strategically reducing exposure in certain areas. Among the most significant purchases were shares in KLAC (KLA Corporation) and BKNG (Booking Holdings Inc).
KLA Corporation (KLAC) saw a massive increase in its position, with shares rising by over 807% to $244.3k shares valued at approximately $73.7 million. This substantial acquisition suggests strong confidence in the Technology sector leader.
Booking Holdings Inc (BKNG) also experienced a significant boost, adding nearly 238,000 new shares worth about $19.0 million during Q2. The total value of this position reached roughly $76.5 million.
Conversely, Washington Trust Co significantly reduced its holdings in some sectors and specific stocks. A major sale occurred with AES Corporation (AES). This Utilities stock lost nearly 68% of its shares during the quarter, totaling about $42k shares valued at just $0.6 million.
Additionally, Vanguard ETFs like VO and VEU saw moderate increases in their positions, while established players such as SPY (SPY) experienced a notable decrease of nearly 47% in share count during the quarter.