Andrew Wellington's portfolio
Deep value in underappreciated businesses selling below intrinsic value.
What changed in Q2 2026
Compared with the previous 13F. Values are as reported at quarter end. How to read a 13F.
New positions
- IQVIAIQV$243M
- VersigentVGNT$3M
Added to
- Gen DigitalGEN$199M
- Lithia MotorsLAD$145M
- Global PaymentsGPN$133M
- WexWEX$109M
- ConcentrixCNXC$31M
- CrownCCK$13M
- AptivAPTV$10M
Trimmed
- FlexFLEX$751M
- NRG EnergyNRG$393M
- F5 NetworksFFIV$383M
- NetAppNTAP$382M
- eBayEBAY$380M
- SynnexSNX$309M
- Ameriprise FinancialAMP$299M
- Arrow ElectronicsARW$264M
- HCAHCA$255M
- NXP Semiconductors NVNXPI$249M
Sold out
None this quarter.
Holdings
41 US-listed positions in the Q2 2026 13F, largest first.
| Stock | % of portfolio | Value | Shares | Last quarter |
|---|---|---|---|---|
| FlexFLEX | 9.53% | $751M | 4,635,010 | Trimmed |
| Johnson Controls International Plc | 5.55% | $438M | 2,996,423 | Held |
| NRG EnergyNRG | 4.98% | $393M | 2,689,623 | Trimmed |
| F5 NetworksFFIV | 4.86% | $383M | 921,848 | Trimmed |
| NetAppNTAP | 4.84% | $382M | 2,465,831 | Trimmed |
| eBayEBAY | 4.82% | $380M | 3,400,987 | Trimmed |
| Expedia | 4.66% | $367M | 1,434,628 | Held |
| Aercap Holdings Nv | 4.59% | $362M | 2,483,729 | Held |
| SynnexSNX | 3.92% | $309M | 1,157,217 | Trimmed |
| Ameriprise FinancialAMP | 3.79% | $299M | 650,835 | Trimmed |
| Arrow ElectronicsARW | 3.35% | $264M | 1,238,146 | Trimmed |
| HCAHCA | 3.23% | $255M | 654,071 | Trimmed |
| NXP Semiconductors NVNXPI | 3.16% | $249M | 887,619 | Trimmed |
| IQVIAIQV | 3.09% | $243M | 1,259,894 | New |
| Uber TechnologiesUBER | 2.98% | $235M | 3,259,908 | Trimmed |
| CignaCI | 2.60% | $205M | 743,592 | Trimmed |
| WESCO InternationalWCC | 2.52% | $199M | 575,980 | Trimmed |
| Gen DigitalGEN | 2.52% | $199M | 7,983,428 | Added |
| CorpayCPAY | 2.50% | $197M | 592,382 | Trimmed |
| Affiliated ManagersAMG | 2.03% | $160M | 472,886 | Trimmed |
| CenteneCNC | 2.00% | $157M | 2,449,957 | Trimmed |
| AssurantAIZ | 1.99% | $157M | 582,803 | Trimmed |
| ICONICLR | 1.94% | $153M | 881,179 | Trimmed |
| Lithia MotorsLAD | 1.83% | $145M | 498,050 | Added |
| Fidelity National Information ServicesFIS | 1.81% | $142M | 3,664,194 | Trimmed |
| PrimericaPRI | 1.75% | $138M | 484,835 | Trimmed |
| SS&C TechnologiesSSNC | 1.75% | $138M | 2,220,129 | Trimmed |
| Global PaymentsGPN | 1.69% | $133M | 1,834,709 | Added |
| Henry ScheinHSIC | 1.55% | $123M | 1,467,351 | Trimmed |
| WexWEX | 1.38% | $109M | 770,524 | Added |
| LKQLKQ | 0.97% | $76M | 2,893,460 | Trimmed |
| AutoNationAN | 0.85% | $67M | 360,418 | Trimmed |
| ConcentrixCNXC | 0.39% | $31M | 1,386,492 | Added |
| CrownCCK | 0.17% | $13M | 119,360 | Added |
| Sunbelt RentalsSUNB | 0.17% | $13M | 174,820 | Trimmed |
| AptivAPTV | 0.13% | $10M | 164,113 | Added |
| VersigentVGNT | 0.04% | $3M | 71,430 | New |
| Nintendo Co ADRNTDOY | 0.03% | $3M | 244,323 | Trimmed |
| Grab HoldingsGRAB | 0.02% | $2M | 431,288 | Trimmed |
| Sony Group Corporation Sponsored Adr | 0.01% | $562,583 | 28,045 | Held |
| Invesco S&P 500® Equal Weight ETFRSP | 0.00% | $208,302 | 979 | Trimmed |
By sector
Share of the reported value.
Reported value over time
Total 13F value at each quarter end.
Questions
What stocks does Andrew Wellington own?
In the Q2 2026 13F, Lyrical Asset Management reported 41 US stock positions worth $7.9B. The largest: Flex (FLEX) 9.5%, Johnson Controls International Plc 5.6%, NRG Energy (NRG) 5.0%, F5 Networks (FFIV) 4.9%, NetApp (NTAP) 4.8%.
What did Andrew Wellington buy last quarter?
In Q2 2026: new position in IQVIA (IQV); new position in Versigent (VGNT); added to Gen Digital (GEN); added to Lithia Motors (LAD); added to Global Payments (GPN).
When is Andrew Wellington's next 13F?
13F filings are due 45 days after each quarter ends. The Q3 2026 filing is due by November 14, 2026.
More investors
13F filings list US-listed long positions (and some options) held at quarter end. They leave out short positions, cash, bonds and non-US holdings, and arrive up to 45 days after the quarter ends, so the investor may have traded since. Information only, not investment advice.