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Watsco Inc
WSO

613 hedge funds and large institutions have $11B invested in Watsco Inc in 2023 Q1 according to their latest regulatory filings, with 101 funds opening new positions, 244 increasing their positions, 179 reducing their positions, and 50 closing their positions.

New
Increased
Maintained
Reduced
Closed

102% more first-time investments, than exits

New positions opened: 101 | Existing positions closed: 50

70% more funds holding in top 10

Funds holding in top 10: 10 → 17 (+7)

36% more repeat investments, than reductions

Existing positions increased: 244 | Existing positions reduced: 179

30% more capital invested

Capital invested by funds: $8.45B → $11B (+$2.52B)

8% more funds holding

Funds holding: 568 → 613 (+45)

1.14% more ownership

Funds ownership: 102.7% → 103.83% (+1.1%)

81% less call options, than puts

Call options by funds: $24.3M | Put options by funds: $130M

Holders
613
Holders Change
+45
Holders Change %
+7.92%
% of All Funds
9.77%
Holding in Top 10
17
Holding in Top 10 Change
+7
Holding in Top 10 Change %
+70%
% of All Funds
0.27%
New
101
Increased
244
Reduced
179
Closed
50
Calls
$24.3M
Puts
$130M
Net Calls
-$106M
Net Calls Change
-$112M

Top Buyers

Rank Fund Capital Flow
1
HCM
Hamlin Capital Management
New York
+$59.6M
2
Fidelity Investments
Fidelity Investments
Massachusetts
+$52.9M
3
BG
Bahl & Gaynor
Ohio
+$48.7M
4
Westfield Capital Management
Westfield Capital Management
Massachusetts
+$46.2M
5
Corient Private Wealth
Corient Private Wealth
Florida
+$45.1M

Top Sellers

Rank Fund Capital Flow
1
Baillie Gifford & Co
Baillie Gifford & Co
United Kingdom
-$58.6M
2
Renaissance Technologies
Renaissance Technologies
New York
-$50.9M
3
Capital World Investors
Capital World Investors
California
-$48.9M
4
Millennium Management
Millennium Management
New York
-$35.8M
5
DC
Davenport & Co
Virginia
-$25.5M
Name Holding Trade Value Shares
Change 		Change in
Stake
KAS
401
Kestra Advisory Services
Texas
$456K -$269K -917 -39%
Bank of Nova Scotia
402
Bank of Nova Scotia
Ontario, Canada
$456K +$421K +1,433 New
AC
403
Avestar Capital
New York
$454K +$13.2K +45 +3%
PWPS
404
Pinnacle Wealth Planning Services
Ohio
$437K – – –
PWP
405
Phillips Wealth Planners
Mississippi
$437K +$10.3K +35 +3%
FBT
406
First Bank & Trust
South Dakota
$427K +$588 +2 +0.1%
AP
407
Americana Partners
Texas
$422K +$390K +1,327 New
AWS
408
Atria Wealth Solutions
New York
$411K +$380K +1,292 New
Cerity Partners
409
Cerity Partners
New York
$406K -$18.2K -62 -5%
SP
410
Symmetry Partners
Connecticut
$405K – – –
MGIA
411
Moneta Group Investment Advisors
Missouri
$404K +$13.5K +46 +4%
KC
412
Kenfarb & Co
Kentucky
$396K – – –
WAM
413
Wakefield Asset Management
Colorado
$390K +$360K +1,227 New
SC
414
Saturna Capital
Washington
$378K +$349K +1,188 New
V
415
Veritable
Delaware
$374K – – –
CIBC Asset Management
416
CIBC Asset Management
Ontario, Canada
$372K +$17.3K +59 +5%
PNC
417
Park National Corp
Ohio
$369K +$8.81K +30 +3%
IF
418
Insight Folios
North Carolina
$365K – – –
PA
419
Profund Advisors
Maryland
$363K -$25.6K -87 -7%
Fifth Third Bancorp
420
Fifth Third Bancorp
Ohio
$360K +$23.2K +79 +8%
DC
421
Diametric Capital
Massachusetts
$354K +$327K +1,113 New
CWA
422
Centennial Wealth Advisory
Michigan
$346K -$128K -435 -29%
PPC
423
Park Place Capital
Alabama
$341K -$7.93K -27 -2%
WMSA
424
Weiss Multi-Strategy Advisers
New York
$334K +$308K +1,050 New
AC
425
AXQ Capital
New Jersey
$333K +$307K +1,046 New
15 16
17
18 19

WSO Hedge Fund Activity: Q1 2023 in Review

613 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Watsco Inc (WSO) for Q1 2023, worth a combined $11B — up 30% from $8.45B a quarter earlier.

Buyers outnumbered sellers: 101 funds opened new WSO positions and 50 closed out — a net gain of 51 holders — while 244 added to existing stakes and 179 trimmed.

The largest buyer was Hamlin Capital Management, opening a new position worth an estimated $59.6M. The largest seller was Baillie Gifford & Co, cutting an estimated $58.6M.

  • 613 institutional investors held Watsco Inc (WSO) as of Q1 2023, up from 568 in Q4 2022.
  • Funds reported $11B of Watsco Inc stock for Q1 2023, up 30% quarter-over-quarter.
  • 101 funds opened new Watsco Inc positions in Q1 2023 and 50 closed out, a net change of +51 holders.
  • The largest Watsco Inc buyer in Q1 2023 was Hamlin Capital Management, an estimated $59.6M added.
  • The largest Watsco Inc seller in Q1 2023 was Baillie Gifford & Co, an estimated $58.6M sold.

Based on aggregated 13F filings for Q1 2023.