Watchtower Advisors, LP
In its 13F for Q4 2025 (holdings as of December 31, 2025, filed February 13, 2026), Watchtower Advisors, LP reported 11 stock positions worth $165.6 million. Its top holding was ASML Holding NV-NY Reg SHS (ASML) at 20.2% of the portfolio, followed by CVS Health (CVS, 17.1%) and Patrick Industries (PATK, 9.8%). Compared with Q3 2025, it opened 2 new positions, sold out of 7, added to 1 and reduced 3. The biggest buy was ASML Holding NV-NY Reg SHS (ASML, shares +55%) and the biggest sale an exit from Clean Harbors (CLH).
- Most Recent 13F
- Q2 2026
- Location
- OLD GREENWICH, CT
- CIK
- 0001807092
- Portfolio Value
- $165.6M (Q4 2025)
- SEC Filing
- 0001807092-26-000004 ↗ filed Feb 13, 2026
Holdings Value
Holdings 11 stocks · $165.6M
| ASML ASML Holding NV-NY Reg SHS | 20.20% | 31,261 | $33.4M | Add +54.5% |
| CVS CVS Health Corp. | 17.11% | 357,000 | $28.3M | No change |
| PATK Patrick Industries Inc. | 9.82% | 150,000 | $16.3M | No change |
| OHI Omega Healthcare Investors | 9.08% | 339,098 | $15.0M | New |
| APH Amphenol Corp. Class A | 8.16% | 100,000 | $13.5M | Reduce -23.1% |
| AMD Advanced Micro Devices | 7.76% | 60,000 | $12.8M | No change |
| RCL Royal Caribbean Cruises Ltd. | 6.74% | 40,000 | $11.2M | Reduce -27.6% |
| AVGO Broadcom Inc. | 6.27% | 30,000 | $10.4M | Reduce -11.7% |
| SGI Somnigroup International Inc. | 5.47% | 101,440 | $9.1M | New |
| IBP Installed Building Products | 5.06% | 32,277 | $8.4M | No change |
| AZO AutoZone Inc. | 4.34% | 2,118 | $7.2M | No change |
Portfolio Sells Q3 2025 → Q4 2025
| CLH Clean Harbors Inc. | Sold out | 0.00% | −8.25 |
| AXS Axis Capital Holdings Ltd. | Sold out | 0.00% | −6.70 |
| AMRZ Amrize Ltd. | Sold out | 0.00% | −6.44 |
| APPF Appfolio Inc. Class A | Sold out | 0.00% | −5.14 |
| BLDR Builders Firstsource Inc. | Sold out | 0.00% | −4.24 |
| LII Lennox International Inc. | Sold out | 0.00% | −3.72 |
| VRNA Verona Pharma Ltd. | Sold out | 0.00% | −3.48 |
| RCL Royal Caribbean Cruises Ltd. | Reduce -27.6% | 6.74% | −1.60 |
| APH Amphenol Corp. Class A | Reduce -23.1% | 8.16% | +0.66 |
| AVGO Broadcom Inc. | Reduce -11.7% | 6.27% | +1.04 |
Portfolio Buys Q3 2025 → Q4 2025
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 11 | $179.6M | ASML, OHI, CVS, MU, PATK |
| Q1 2026 | 12 | $141.0M | ASML, OHI, PATK, CVS, SGI |
| Q4 2025 | 11 | $165.6M | ASML, CVS, PATK, OHI, APH |
| Q3 2025 | 16 | $214.3M | CVS, ASML, RCL, CLH, APH |
| Q2 2025 | 18 | $168.9M | AXS, CVS, RCL, APPF, APH |
| Q1 2025 | 15 | $137.8M | AXS, CVS, HLT, RCL, VRNA |
| Q4 2024 | 14 | $176.7M | AXS, FTAI, HLT, ALLE, AVGO |
| Q3 2024 | 15 | $215.7M | AVGO, ACGL, HLT, AXS, FTAI |
| Q2 2024 | 11 | $155.1M | AVGO, ACGL, AXS, LII, MEDP |
| Q1 2024 | 13 | $180.2M | AVGO, LII, ACGL, MEDP, SPR |