Carnegie Investment Counsel Trims Watsco Stake

Institutional investor reduces holding in construction equipment supplier

Apr. 12, 2026 at 8:05am

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An extreme close-up of intricately engineered HVAC parts and machinery, conveying the heavy, industrial nature of the construction equipment supply chain.A close examination of the complex machinery and components that power the HVAC industry reveals the industrial backbone behind climate control.Today in Miami

Carnegie Investment Counsel decreased its position in shares of Watsco, Inc. (NYSE:WSO) by 17.2% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 27,940 shares of the construction company's stock after selling 5,813 shares during the quarter.

Why it matters

This filing provides insight into the investment decisions of Carnegie Investment Counsel, a prominent institutional investor. Changes in large shareholder positions can signal broader market trends or shifts in sentiment around a particular stock.

The details

Carnegie Investment Counsel sold 5,813 shares of Watsco, reducing its total holding to 27,940 shares. This represents approximately 0.07% ownership of the construction equipment supplier. The firm cited unspecified reasons for the reduction in its Watsco position during the fourth quarter.

  • Carnegie Investment Counsel filed the 13F report disclosing the position change on April 12, 2026.
  • The trades occurred during the fourth quarter of 2025.

The players

Carnegie Investment Counsel

An institutional investment management firm that oversees over $20 billion in client assets.

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

This filing highlights the ongoing shifts in institutional ownership of Watsco shares, which could signal broader market sentiment around the construction and HVAC industries. Investors will likely monitor future 13F reports to gauge how major players are positioning themselves in Watsco stock.