Sunday, September 8, 2024
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Victory Capital Management Inc. lessened its stake in Watsco by 14.8% in the fourth quarter, HoldingsChannel.com reports. The firm owned 28,901 shares of the construction company’s stock after selling 5,009 shares during the quarter. Victory Capital Management Inc.’s holdings in Watsco were worth $12,383,000 at the end of the most recent reporting period.

A number of other large investors have also made changes to their positions in WSO. Strs Ohio increased its holdings in Watsco by 7.4% during the 3rd quarter. Strs Ohio now owns 5,258 shares of the construction company’s stock valued at $1,986,000 after acquiring an additional 362 shares in the last quarter. Park Avenue Securities LLC purchased a new stake in shares of Watsco during the third quarter worth about $357,000. First Trust Direct Indexing L.P. grew its holdings in shares of Watsco by 13.6% during the third quarter. First Trust Direct Indexing L.P. now owns 718 shares of the construction company’s stock worth $271,000 after buying an additional 86 shares in the last quarter.

Oak Ridge Investments LLC purchased a new stake in shares of Watsco during the third quarter worth about $793,000. Finally, Arete Wealth Advisors LLC purchased a new stake in shares of Watsco during the third quarter worth about $324,000. Hedge funds and other institutional investors own 89.71% of the company’s stock.

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