Watchtower Advisors, LP
OLD GREENWICH, CT
$180m in 11 US stocks at the end of 30 June 2026. The top 10 are 97.8% of the money. It changed about 22.8% of the portfolio this quarter.
Value
$180m
Stocks
11
Top 10 share
97.8%
Turnover
22.8%
What changed this quarter
New
Bought for the first time this quarter.
- TextronTXT6.4% of the fund
- NokiaNOK3.7% of the fund
Added
Bought more of a stock they already held.
- SempraSRE5.9% of the fund+218%
- Elanco Animal HealthELAN3.0% of the fund+50%
Cut
Sold some of their stake.
- Micron TechnologyMU7.7% of the fund-48%
- Advanced Micro DevicesAMD2.2% of the fund-83%
Sold out
Sold their entire stake.
- Somnigroup InternationalSGI-100%
- BroadcomAVGO-100%
- AmphenolAPH-100%
Holdings
- NokiaNOK
- Share
- 3.7%
- Value
- $7m
- Shares
- 500,000
New
| Company | Share of fund | Value | Shares | Change |
|---|---|---|---|---|
| ASML Holding NVASML | 34.6% | $62m | 31,261 | Held |
| Omega Healthcare InvestorsOHI | 14.4% | $26m | 541,138 | Held |
| CVS HealthCVS | 10.5% | $19m | 182,357 | Held |
| Micron TechnologyMU | 7.7% | $14m | 12,000 | -48% |
| Patrick IndustriesPATK | 7.5% | $13m | 150,000 | Held |
| TextronTXT | 6.4% | $12m | 125,600 | New |
| SempraSRE | 5.9% | $11m | 113,500 | +218% |
| Installed Building ProductsIBP | 4.1% | $7m | 32,277 | Held |
| NokiaNOK | 3.7% | $7m | 500,000 | New |
| Elanco Animal HealthELAN | 3.0% | $5m | 221,725 | +50% |
| Advanced Micro DevicesAMD | 2.2% | $4m | 6,666 | -83% |
Over time and by industry
Value over time
Jun '25
Dec '25
Jun '26
Value is up 6.3% since 30 June 2025.
Where the money is
Industrials41.0%
Real estate14.4%
Health care13.5%
Retail & consumer11.6%
Technology9.9%
Utilities5.9%
Other3.7%
From the fund's 13F filings. They list US stocks and options only, 45 days after each quarter, and leave out cash, bonds, shorts and foreign shares.