Ascent Group Boosts Watsco Holdings by Over 1,200%

Investment firm significantly increases stake in HVAC distributor Watsco, Inc.

Apr. 5, 2026 at 7:26am

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Ascent Group LLC grew its position in Watsco, Inc. (NYSE:WSO) by 1,226.5% in the fourth quarter, according to a recent SEC filing. The investment firm now owns 20,362 shares of the construction company's stock, valued at $6.86 million.

Why it matters

Watsco is a leading distributor of heating, ventilation, air conditioning and refrigeration (HVAC/R) equipment, parts and supplies in the United States. This significant increase in Ascent Group's stake suggests the investment firm sees strong growth potential in Watsco's business.

The details

Ascent Group acquired an additional 18,827 shares of Watsco during the fourth quarter, bringing its total holdings to 20,362 shares. This represents a 1,226.5% increase in the firm's position compared to the prior quarter. Watsco is a major player in the HVAC/R distribution market, serving both residential and commercial contractors across the U.S., Canada and Puerto Rico.

  • Ascent Group filed its 13F report for the fourth quarter of 2025 on April 5, 2026.
  • The firm increased its Watsco holdings during the three-month period ending December 31, 2025.

The players

Ascent Group LLC

An investment management firm that grew its position in Watsco, Inc. by over 1,200% in the fourth quarter of 2025.

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

Ascent Group's significant increase in its Watsco holdings suggests the investment firm sees strong growth potential in the HVAC/R distribution company. This could signal broader investor confidence in Watsco's market position and future performance.