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Stocks•16 April 2026•

1 min read

Annex Advisory Rebalances Portfolio: Liquidates Colgate Stake for Halliburton Entry

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Key Facts

1Annex Advisory Services LLC reduced its stake in Colgate-Palmolive by 92.5%, selling 98,101 shares.

2Annex Advisory Services LLC made a new $3.18 million investment in Halliburton Company, acquiring 112,574 shares.

3Halliburton secured a multi-billion-dollar contract with YPF for electric fracturing services in Argentina.

Version History

1 additional source confirmed this story

Annex Advisory Services LLC has executed a significant rebalancing of its investment portfolio, slashing its stake in Colgate-Palmolive by 92.5% through the sale of 98,101 shares. Simultaneously, the firm initiated a new position in Halliburton Company, acquiring 112,574 shares valued at approximately $3.18 million. This strategic pivot comes as Halliburton strengthens its international footprint, recently securing a multi-billion-dollar contract with YPF for electric fracturing services in Argentina. The move signals a shift in preference from consumer staples toward the energy services sector, which is currently benefiting from technological expansions. While these adjustments are notable for the institutional player, the trade volume remains relatively small compared to the total market capitalization of both entities. Investors are now watching how these institutional flows will influence the short-term price action of CL and HAL stocks.