Watsco Inc
726 hedge funds and large institutions have $15.5B invested in Watsco Inc in 2023 Q4 according to their latest regulatory filings, with 121 funds opening new positions, 251 increasing their positions, 258 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
83% more first-time investments, than exits
New positions opened: 121 | Existing positions closed: 66
15% more capital inflows, than outflows
Capital inflows: $1.15B | Capital outflows: $995M
7% more funds holding
Funds holding: 681 → 726 (+45)
5% more funds holding in top 10
Funds holding in top 10: 19 → 20 (+1)
0.48% less ownership
Funds ownership: 107.78% → 107.3% (-0.48%)
3% less repeat investments, than reductions
Existing positions increased: 251 | Existing positions reduced: 258
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Neuberger Berman Group
New York
|
+$244M |
| 2 |
JP Morgan Chase
New York
|
+$115M |
| 3 |
Morgan Stanley
New York
|
+$49.7M |
| 4 |
Cartenna Capital
Stamford,
Connecticut
|
+$41.2M |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$40.5M |
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
726 of the 6,873 institutional investors tracked by Wall St. Rank reported a position in Watsco Inc (WSO) for Q4 2023, worth a combined $15.5B — up 14% from $13.7B a quarter earlier.
Buyers outnumbered sellers: 121 funds opened new WSO positions and 66 closed out — a net gain of 55 holders — while 251 added to existing stakes and 258 trimmed.
The largest buyer was Neuberger Berman Group, adding an estimated $244M. The largest seller was Baillie Gifford & Co, cutting an estimated $157M.
- 726 institutional investors held Watsco Inc (WSO) as of Q4 2023, up from 681 in Q3 2023.
- Funds reported $15.5B of Watsco Inc stock for Q4 2023, up 14% quarter-over-quarter.
- 121 funds opened new Watsco Inc positions in Q4 2023 and 66 closed out, a net change of +55 holders.
- The largest Watsco Inc buyer in Q4 2023 was Neuberger Berman Group, an estimated $244M 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.