Edgar Wachenheim Greenhaven Associates
Edgar Wachenheim III is the long-time leader of Greenhaven Associates, a concentrated value-oriented investment firm. Greenhaven is known for large positions in a limited number of equities and a multi-year investment horizon. Wachenheim’s approach emphasizes intrinsic value, patience, and a willingness to look different from the index.
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Lennar Class A
LEN
|
+$146M |
| 2 |
Becton Dickinson
BDX
|
+$38.7M |
| 3 |
D.R. Horton
DHI
|
+$36.2M |
| 4 |
Vanguard 0-3 Month Treasury Bill ETF
VBIL
|
+$14.9M |
| 5 |
Meritage Homes
MTH
|
+$4.96M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Accenture
ACN
|
+$421M |
| 2 |
Lear
LEA
|
+$80.3M |
| 3 |
Arrow Electronics
ARW
|
+$58.9M |
| 4 |
IQVIA
IQV
|
+$53.9M |
| 5 |
Avnet
AVT
|
+$51.8M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Consumer Discretionary | 52.36% |
| 2 | Healthcare | 30.03% |
| 3 | Technology | 8.27% |
| 4 | Industrials | 4.95% |
| 5 | Energy | 3.54% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
26
Genpact
G
$7.12B
| $325K | ﹤0.01% |
10,000
| – | – |
2023 Q4
11 quarters
|
|
27
Bath & Body Works
BBWI
$4.39B
| $159K | ﹤0.01% |
+10,000
| New | +$191K |
2026 Q3
0 quarters
|
|
|
28
Accenture
ACN
$150B
| – | – |
-3,384,681
| Closed | -$421M | – |
|
29
EPAM Systems
EPAM
$8B
| – | – |
-587,300
| Closed | -$46.6M | – |
|
Similar funds
Edgar Wachenheim's Q3 2026 Portfolio in Review
As of Q3 2026, Edgar Wachenheim held 29 positions worth $7.96B, down 8.1% from $8.66B the previous quarter. Its ten largest holdings account for 82% of the portfolio.
Edgar Wachenheim withdrew a net $549M in Q3 2026, closing 2 positions and reducing 14 holdings. Its most notable exit was Accenture, an estimated $421M position sold in full.
By sector, the portfolio is most concentrated in Consumer Discretionary at 52% of assets, down from 53% a quarter earlier, followed by Healthcare and Technology.
Against the trend, Edgar Wachenheim opened a new position in Bath & Body Works worth $159K.
- Edgar Wachenheim's largest Q3 2026 buy was Bath & Body Works: 10,000 shares worth $159K.
- Edgar Wachenheim added most to Lennar Class A in Q3 2026, an estimated $146M increase.
- Edgar Wachenheim's biggest Q3 2026 reduction was Lear, cutting an estimated $80.3M.
- Edgar Wachenheim fully exited Accenture in Q3 2026, selling an estimated $421M.
- Edgar Wachenheim's ten largest holdings make up 82% of its $7.96B portfolio in Q3 2026.
- Edgar Wachenheim opened 1 new position and closed 2 in Q3 2026.
- Edgar Wachenheim's portfolio value fell 8.1% quarter-over-quarter to $7.96B.
Based on Greenhaven Associates's 13F filing for Q3 2026, filed 26 Oct 2026.