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Watsco Inc

745 hedge funds and large institutions have $15.5B invested in Watsco Inc in 2024 Q1 according to their latest regulatory filings, with 81 funds opening new positions, 270 increasing their positions, 282 reducing their positions, and 54 closing their positions.

New
Increased
Maintained
Reduced
Closed

50% more first-time investments, than exits

New positions opened: 81 | Existing positions closed: 54

34% more call options, than puts

Call options by funds: $89.5M | Put options by funds: $66.7M

3% more funds holding

Funds holding: 725745 (+20)

1% more capital invested

Capital invested by funds: $15.4B → $15.5B (+$105M)

0.37% less ownership

Funds ownership: 106.48%106.11% (-0.37%)

4% less repeat investments, than reductions

Existing positions increased: 270 | Existing positions reduced: 282

35% less funds holding in top 10

Funds holding in top 10: 2013 (-7)

Holders
745
Holders Change
+20
Holders Change %
+2.76%
% of All Funds
10.73%
Holding in Top 10
13
Holding in Top 10 Change
-7
Holding in Top 10 Change %
-35%
% of All Funds
0.19%
New
81
Increased
270
Reduced
282
Closed
54
Calls
$89.5M
Puts
$66.7M
Net Calls
+$22.8M
Net Calls Change
-$62.3M
Name Holding Trade Value Shares
Change
Change in
Stake
BlackRock
1
BlackRock
New York
$1.58B -$156M -387,336 -10%
Vanguard Group
2
Vanguard Group
Pennsylvania
$1.47B +$58.8M +146,305 +4%
Fidelity Investments
3
Fidelity Investments
Massachusetts
$1.32B +$651M +1,619,645 +113%
Kayne Anderson Rudnick Investment Management
4
Kayne Anderson Rudnick Investment Management
California
$728M +$11.9M +29,611 +2%
Baillie Gifford & Co
5
Baillie Gifford & Co
United Kingdom
$630M -$7.21M -17,947 -1%
Charles Schwab
6
Charles Schwab
California
$522M +$20.8M +51,655 +4%
State Street
7
State Street
Massachusetts
$505M -$2.29M -5,688 -0.5%
William Blair & Company
8
William Blair & Company
Illinois
$342M +$6.62M +16,487 +2%
Capital World Investors
9
Capital World Investors
California
$319M -$68M -169,282 -19%
Wellington Management Group
10
Wellington Management Group
Massachusetts
$279M +$3.69M +9,174 +1%
Neuberger Berman Group
11
Neuberger Berman Group
New York
$265M -$9.65M -24,008 -4%
Geode Capital Management
12
Geode Capital Management
Massachusetts
$259M -$8.67M -21,574 -3%
MG
13
Markel Group
Virginia
$245M +$3.82M +9,500 +2%
Wells Fargo
14
Wells Fargo
California
$225M -$5.81M -14,453 -3%
Invesco
15
Invesco
Georgia
$206M +$42.1M +104,713 +28%
JP Morgan Chase
16
JP Morgan Chase
New York
$196M +$17.8M +44,354 +11%
Mitsubishi UFJ Trust & Banking
17
Mitsubishi UFJ Trust & Banking
Japan
$168M -$22.9M -56,927 -13%
Bank of New York Mellon
18
Bank of New York Mellon
New York
$167M -$12.9M -32,006 -8%
DC
19
Davenport & Co
Virginia
$164M -$875K -2,178 -0.6%
RJA
20
Raymond James & Associates
Florida
$158M +$2.59M +6,436 +2%
Norges Bank
21
Norges Bank
Norway
$155M +$47.7M +118,727 +49%
Barclays
22
Barclays
United Kingdom
$154M -$17.5M -43,507 -11%
BFM
23
Boston Financial Management
Massachusetts
$151M +$638K +1,589 +0.5%
Baird Financial Group
24
Baird Financial Group
Wisconsin
$145M -$1.77M -4,411 -1%
HCM
25
Hamlin Capital Management
New York
$128M -$194K -482 -0.2%

WSO Hedge Fund Activity: Q1 2024 in Review

745 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Watsco Inc (WSO) for Q1 2024, worth a combined $15.5B — up 0.68% from $15.4B a quarter earlier.

Buyers outnumbered sellers: 81 funds opened new WSO positions and 54 closed out — a net gain of 27 holders — while 270 added to existing stakes and 282 trimmed.

The largest buyer was Fidelity Investments, adding an estimated $651M. The largest seller was Morgan Stanley, cutting an estimated $190M.

  • 745 institutional investors held Watsco Inc (WSO) as of Q1 2024, up from 725 in Q4 2023.
  • Funds reported $15.5B of Watsco Inc stock for Q1 2024, up 0.68% quarter-over-quarter.
  • 81 funds opened new Watsco Inc positions in Q1 2024 and 54 closed out, a net change of +27 holders.
  • The largest Watsco Inc buyer in Q1 2024 was Fidelity Investments, an estimated $651M added.
  • The largest Watsco Inc seller in Q1 2024 was Morgan Stanley, an estimated $190M sold.

Based on aggregated 13F filings for Q1 2024.