Nicolai Tangen's AKO Capital sold 614K shares of Waters Corp (WAT) in 2026 Q2, according to the 13F-HR filed with the SEC on August 12, 2026, 75% of the position. What remains is 203K shares worth about $76.3M, 1.78% of the portfolio against 4.76% a quarter earlier.
What did the 2026 Q2 filing report for WAT?
As of June 30, 2026, from the 13F-HR filed August 12, 2026.
| Before | After | |
|---|---|---|
| Shares | 817K | 203K |
| Shares sold | -614K (75%) | |
| Reported value | $243.3M | $76.3M |
| Portfolio weight | 4.76% | 1.78% |
| Rank in portfolio | 17th of 22 |
How much did Nicolai Tangen cut WAT?
Nicolai Tangen sold 614K shares of WAT during 2026 Q2, cutting the stake from 817K to 203K. The reported value of the position fell by about $167M, from about $243.3M to about $76.3M.
Where does WAT sit in the Nicolai Tangen portfolio?
WAT ranks 17th of 22 stock positions in the Nicolai Tangen portfolio at 1.78%, below the fund's average stock position of 5%. The largest stock position is ALC at 15.19%. Next come SUNB at 10.59% and V at 7.87%. The three largest stocks together are 33.65% of the book. The WAT cut was the 2nd largest of the quarter's 27 position changes by percent change to portfolio. Across the 2026 Q2 portfolio, Nicolai Tangen reported 22 stock positions, with none opened and 5 closed. The total portfolio value is about $4.3B, down 16% from the prior quarter.
How long has Nicolai Tangen held WAT?
Nicolai Tangen first reported WAT in the quarter ended September 30, 2023. The weight peaked at 4.76% in 2026 Q1. Last quarter the fund had added to it by 8%. Every reported trade is on the Nicolai Tangen WAT trade history page.
Did other funds buy or sell WAT in 2026 Q2?
Among the other tracked funds that had filed for 2026 Q2 as of August 12, 2026, 3 hold WAT. Of those, 1 added to the position this quarter and 2 trimmed it. The largest buyer of WAT this quarter was Ole Andreas Halvorsen. The largest sellers were Terry Smith, Eric H. Schoenstein and Robert Olstein. Every tracked holder of WAT is on the WAT ownership page.
FAQ
How many WAT shares did Nicolai Tangen sell in 2026 Q2?
Nicolai Tangen sold 614K shares of WAT, 75% of the position, leaving 203K shares.
What remains of the WAT position of Nicolai Tangen?
Nicolai Tangen still holds 203K shares of WAT, worth about $76.3M at June 30, 2026 prices.
How much of the Nicolai Tangen portfolio is WAT now?
WAT is 1.78% of the Nicolai Tangen portfolio, down from 4.76% a quarter earlier.
Did other funds trim WAT in 2026 Q2?
Among the 3 other tracked funds that hold WAT, 2 trimmed it in 2026 Q2 and 1 added to it.