Hamlin Capital Boosts Stake in Watsco, Inc.

Institutional investor increases ownership in construction equipment supplier by 13.3%

Mar. 16, 2026 at 11:21am

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Hamlin Capital Management LLC, an institutional investor, increased its stake in Watsco, Inc. (NYSE:WSO) by 13.3% in the third quarter, according to a recent 13F filing. Watsco is a leading distributor of heating, ventilation, air conditioning, and refrigeration (HVAC/R) equipment, parts, and supplies in the United States.

Why it matters

Watsco is a key player in the HVAC/R industry, which is essential for residential and commercial climate control systems. Hamlin Capital's increased investment signals their confidence in Watsco's long-term growth potential, as the company continues to expand its distribution network and strategic partnerships.

The details

According to the 13F filing, Hamlin Capital Management now owns 405,480 shares of Watsco, making it the company's 13th largest holding and representing 1% of its total portfolio. The institutional investor purchased an additional 47,643 shares during the quarter, increasing its overall stake in Watsco by 13.3%.

  • Hamlin Capital Management increased its stake in Watsco during the third quarter of 2026.

The players

Hamlin Capital Management LLC

An institutional investor that has increased its stake in Watsco, Inc. by 13.3%, making it the company's 13th largest holding.

Watsco, Inc.

A leading distributor of heating, ventilation, air conditioning, and refrigeration (HVAC/R) equipment, parts, and supplies in the United States.

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The takeaway

Hamlin Capital's increased investment in Watsco suggests the institutional investor sees long-term growth potential in the HVAC/R distribution company, which continues to expand its reach and strategic partnerships in the industry.