Watsco Shares Sold by Hamlin Capital Management

Institutional investor trims position in construction company's stock

Mar. 22, 2026 at 8:13am

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Hamlin Capital Management LLC reduced its stake in Watsco, Inc. (NYSE:WSO) by 16.1% in the fourth quarter, according to a recent SEC filing. The firm now owns 340,322 shares of the construction company's stock, making it Watsco's 23rd largest institutional investor.

Why it matters

Watsco is a major HVAC equipment distributor, so changes in its institutional ownership can signal shifts in investor sentiment around the construction and housing sectors. Hamlin Capital's pullback may reflect broader concerns about economic conditions or the company's performance.

The details

Hamlin Capital sold 65,158 shares of Watsco during the quarter, reducing its total position to 340,322 shares. The firm now owns 0.84% of Watsco's outstanding stock, worth approximately $114.7 million. Other institutional investors have also been active in Watsco shares, with some increasing and others decreasing their positions.

  • Hamlin Capital filed its 13F report for the fourth quarter of 2025 in March 2026.

The players

Hamlin Capital Management LLC

An institutional investment firm that manages over $4 billion in assets.

Watsco, Inc.

A leading distributor of HVAC equipment, parts and supplies in the United States.

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The takeaway

Watsco's institutional ownership changes provide insight into how major investors view the construction and housing sectors. Hamlin Capital's pullback may signal broader economic concerns, though Watsco remains a significant holding in the firm's portfolio.