Watsco Inc
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.
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
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HCM
Hamlin Capital Management
New York
|
+$59.6M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$52.9M |
| 3 |
BG
Bahl & Gaynor
Cincinnati,
Ohio
|
+$48.7M |
| 4 |
Westfield Capital Management
Boston,
Massachusetts
|
+$46.2M |
| 5 |
Corient Private Wealth
Miami,
Florida
|
+$45.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Baillie Gifford & Co
Edinburgh,
United Kingdom
|
-$58.6M |
| 2 |
Renaissance Technologies
New York
|
-$50.9M |
| 3 |
Capital World Investors
Los Angeles,
California
|
-$48.9M |
| 4 |
Millennium Management
New York
|
-$35.8M |
| 5 |
DC
Davenport & Co
Richmond,
Virginia
|
-$25.5M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
HNWAG
651
High Net Worth Advisory Group
Naples,
Florida
| – | -$24.9K | -100 | Closed |
|
|
AWM
652
Accurate Wealth Management
Wesley Chapel,
Florida
| – | -$11.1K | -41 | Closed |
|
|
MWC
653
MBM Wealth Consultants
Chesterfield,
Missouri
| – | -$6K | -22 | Closed |
|
|
MCC
654
Money Concepts Capital
Palm Beach Gardens,
Florida
| – | -$2.99K | -12 | Closed |
|
|
QL
655
Quarry LP
New York
| – | -$2.74K | -11 | Closed |
|
|
SC
656
Sierra Capital
Miami,
Florida
| – | -$2K | -10 | Closed |
|
|
TC
657
Truvestments Capital
Sarasota,
Florida
| – | -$2.25K | -9 | Closed |
|
|
BHWM
658
Beaird Harris Wealth Management
Dallas,
Texas
| – | -$2K | -8 | Closed |
|
659
Jones Financial Companies
Des Peres,
Missouri
| – | -$2K | -8 | Closed |
|
660
Loomis, Sayles & Company
Boston,
Massachusetts
| – | -$2K | -7 | Closed |
|
|
NMG
661
New Millennium Group
Sandy,
Utah
| – | -$1.25K | -5 | Closed |
|
|
MSCM
662
McElhenny Sheffield Capital Management
Dallas,
Texas
| – | -$748 | -3 | Closed |
|
|
AW
663
Avion Wealth
The Woodlands,
Texas
| – | +$1.18K | +4 | New |
|
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.