Watchtower Advisors, LP 13F holdings, Q3 2025
Holdings as of September 30, 2025 · filings on SEC EDGAR · latest filing →
Watchtower Advisors, LP disclosed 16 US equity positions worth $214.3m in its Q3 2025 13F filing. The largest position was CVS at 12.6% of the reported book, followed by ASML and RCL. Against the Q2 2025 filing, it opened 3 new positions, added to 5 and reduced 4 among the top 16 holdings.
What did Watchtower Advisors, LP own in Q3 2025? Top 16 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q2 2025 |
|---|---|---|---|---|---|---|---|
| 1 | CVS CVS HEALTH CORP | Healthcare | 12.6% | $26.9m | 357,000 | 37% | added |
| 2 | ASML ASML HOLDING N V | Technology | 8.7% | $18.6m | 20,234 | – | new |
| 3 | RCL ROYAL CARIBBEAN GROUP | Consumer Cyclical | 8.3% | $17.9m | 55,215 | 0% | held |
| 4 | CLH CLEAN HARBORS INC | Industrials | 8.2% | $17.7m | 76,144 | – | new |
| 5 | APH AMPHENOL CORP NEW | Technology | 7.5% | $16.1m | 130,000 | -6% | reduced |
| 6 | PATK PATRICK INDS INC | Consumer Cyclical | 7.2% | $15.5m | 150,000 | 50% | added |
| 7 | AXIS CAP HLDGS LTD | 6.7% | $14.4m | 150,000 | -42% | reduced | |
| 8 | AMRZ AMRIZE LTD | Basic Materials | 6.4% | $13.8m | 284,416 | – | new |
| 9 | AVGO BROADCOM INC | Technology | 5.2% | $11.2m | 33,955 | -13% | reduced |
| 10 | APPF APPFOLIO INC | Technology | 5.1% | $11.0m | 40,000 | -35% | reduced |
| 11 | AMD ADVANCED MICRO DEVICES INC | Technology | 4.5% | $9.7m | 60,000 | 15% | added |
| 12 | BLDR BUILDERS FIRSTSOURCE INC | Industrials | 4.2% | $9.1m | 75,000 | 28% | added |
| 13 | AZO AUTOZONE INC | Consumer Cyclical | 4.2% | $9.1m | 2,118 | 0% | held |
| 14 | LII LENNOX INTL INC | Industrials | 3.7% | $8.0m | 15,059 | 0% | held |
| 15 | IBP INSTALLED BLDG PRODS INC | Consumer Cyclical | 3.7% | $8.0m | 32,277 | 30% | added |
| 16 | VRNA VERONA PHARMA PLC | 3.5% | $7.5m | 70,000 | 0% | held |
Weights are shares of the reported long US equity book (options excluded). Values are as filed, normalised to whole dollars. Share changes compare against the immediately preceding filing only.