NewMarket Corporation Remains a Top Holding for London Co. of Virginia

The institutional investor trimmed its stake in the specialty chemicals company during the third quarter.

Mar. 17, 2026 at 10:06am

According to a recent 13F filing, London Co. of Virginia reduced its holdings in NewMarket Corporation (NYSE:NEU) by 4.4% during the third quarter. The institutional investor still owns 529,332 shares of the specialty chemicals company, making it the 6th largest position in its portfolio.

Why it matters

NewMarket is a significant holding for London Co. of Virginia, comprising about 2.4% of its total portfolio. The firm's decision to trim its stake in the company is noteworthy, as it suggests a potential shift in investment strategy or a reevaluation of NewMarket's prospects.

The details

London Co. of Virginia sold 24,147 shares of NewMarket during the third quarter, reducing its total holdings to 529,332 shares. The institutional investor owned approximately 5.63% of NewMarket at the end of the quarter, with the shares valued at $438,412,000.

  • The 13F filing covers the third quarter of 2026.

The players

London Co. of Virginia

An institutional investor that owns a significant stake in NewMarket Corporation.

NewMarket Corporation

A specialty chemicals and lubricants company headquartered in Richmond, Virginia.

Got photos? Submit your photos here. ›

The takeaway

The reduction in London Co. of Virginia's stake in NewMarket Corporation suggests the institutional investor may be reevaluating its position in the specialty chemicals company. However, NewMarket remains a top holding, indicating the firm still sees value in the stock despite the trimmed position.