Watsco Inc
725 hedge funds and large institutions have $15.4B invested in Watsco Inc in 2023 Q4 according to their latest regulatory filings, with 120 funds opening new positions, 249 increasing their positions, 260 reducing their positions, and 66 closing their positions.
125% more call options, than puts
Call options by funds: $153M | Put options by funds: $67.8M
82% more first-time investments, than exits
New positions opened: 120 | Existing positions closed: 66
13% more capital invested
Capital invested by funds: $13.7B → $15.4B (+$1.78B)
6% more funds holding
Funds holding: 681 → 725 (+44)
5% more funds holding in top 10
Funds holding in top 10: 19 → 20 (+1)
4% less repeat investments, than reductions
Existing positions increased: 249 | Existing positions reduced: 260
1.29% less ownership
Funds ownership: 107.78% → 106.48% (-1.3%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$197M |
| 2 |
JP Morgan Chase
New York
|
+$115M |
| 3 |
CC
Cartenna Capital
Stamford,
Connecticut
|
+$41.2M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$40.5M |
| 5 |
BFEC
Benjamin F. Edwards & Company
St. Louis,
Missouri
|
+$36.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Baillie Gifford & Co
Edinburgh,
United Kingdom
|
-$157M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$126M |
| 3 |
Balyasny Asset Management
Chicago,
Illinois
|
-$109M |
| 4 |
Bank of New York Mellon
New York
|
-$52.2M |
| 5 |
Charles Schwab
San Francisco,
California
|
-$46.4M |
WSO Hedge Fund Activity: Q4 2023 in Review
725 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in Watsco Inc (WSO) for Q4 2023, worth a combined $15.4B — up 13% from $13.7B a quarter earlier.
Buyers outnumbered sellers: 120 funds opened new WSO positions and 66 closed out — a net gain of 54 holders — while 249 added to existing stakes and 260 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $197M. The largest seller was Baillie Gifford & Co, cutting an estimated $157M.
- 725 institutional investors held Watsco Inc (WSO) as of Q4 2023, up from 681 in Q3 2023.
- Funds reported $15.4B of Watsco Inc stock for Q4 2023, up 13% quarter-over-quarter.
- 120 funds opened new Watsco Inc positions in Q4 2023 and 66 closed out, a net change of +54 holders.
- The largest Watsco Inc buyer in Q4 2023 was Morgan Stanley, an estimated $197M added.
- The largest Watsco Inc seller in Q4 2023 was Baillie Gifford & Co, an estimated $157M sold.
Based on aggregated 13F filings for Q4 2023.