Watsco Inc
187 hedge funds and large institutions have $2.08B invested in Watsco Inc in 2014 Q3 according to their latest regulatory filings, with 18 funds opening new positions, 71 increasing their positions, 67 reducing their positions, and 31 closing their positions.
6% more repeat investments, than reductions
Existing positions increased: 71 | Existing positions reduced: 67
0.26% less ownership
Funds ownership: 80.53% → 80.27% (-0.26%)
7% less funds holding
Funds holding: 202 → 187 (-15)
17% less capital invested
Capital invested by funds: $2.5B → $2.08B (-$422M)
18% less call options, than puts
Call options by funds: $3.89M | Put options by funds: $4.72M
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
42% less first-time investments, than exits
New positions opened: 18 | Existing positions closed: 31
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$153M |
| 2 |
TCM
TimesSquare Capital Management
New York
|
+$24.6M |
| 3 |
ESCM
Echo Street Capital Management
New York
|
+$19.7M |
| 4 |
KCP
KDI Capital Partners
Raleigh,
North Carolina
|
+$15.8M |
| 5 |
Millennium Management
New York
|
+$7.57M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
-$51.1M |
| 2 |
Point72 Asset Management
Stamford,
Connecticut
|
-$28.2M |
| 3 |
FMA
Fiduciary Management Associates
Chicago,
Illinois
|
-$23.7M |
| 4 |
HCMT
Highland Capital Management (Texas)
Dallas,
Texas
|
-$23.2M |
| 5 |
TEC
Tiger Eye Capital
Nashville,
Tennessee
|
-$22.1M |
WSO Hedge Fund Activity: Q3 2014 in Review
187 of the 3,447 institutional investors tracked by Wall St. Rank reported a position in Watsco Inc (WSO) for Q3 2014, worth a combined $2.08B — down 17% from $2.5B a quarter earlier.
Sellers outnumbered buyers: 31 funds closed out of WSO and 18 opened new positions — a net loss of 13 holders — while 67 trimmed existing stakes and 71 added.
The largest buyer was Fidelity Investments, adding an estimated $153M. The largest seller was JP Morgan Chase, cutting an estimated $51.1M.
- 187 institutional investors held Watsco Inc (WSO) as of Q3 2014, down from 202 in Q2 2014.
- Funds reported $2.08B of Watsco Inc stock for Q3 2014, down 17% quarter-over-quarter.
- 18 funds opened new Watsco Inc positions in Q3 2014 and 31 closed out, a net change of -13 holders.
- The largest Watsco Inc buyer in Q3 2014 was Fidelity Investments, an estimated $153M added.
- The largest Watsco Inc seller in Q3 2014 was JP Morgan Chase, an estimated $51.1M sold.
Based on aggregated 13F filings for Q3 2014.