Fox Run Management Reduces Stake in A.O. Smith

Investment firm cuts holdings in industrial products manufacturer by over 75%

Published on Mar. 3, 2026

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Fox Run Management L.L.C. has significantly reduced its stake in A.O. Smith Corporation, a leading manufacturer of water heating and water treatment products. According to a recent 13F filing, the investment firm lessened its holdings in A.O. Smith by 75.4% during the third quarter, selling 21,534 shares and retaining only 7,044 shares worth $517,000.

Why it matters

This move by Fox Run Management reflects broader shifts in the investment landscape, as institutional investors reevaluate their positions in industrial companies like A.O. Smith. The reduced stake could signal a change in the firm's outlook on the company's performance or the broader sector.

The details

In its 13F filing, Fox Run Management reported owning 7,044 shares of A.O. Smith at the end of the third quarter, down significantly from the 28,578 shares it held in the prior quarter. The firm sold 21,534 shares during the period, reducing its position by 75.4%. A.O. Smith is an industrial products company that specializes in water heating and water treatment solutions for residential and commercial applications.

  • Fox Run Management filed its 13F report for the third quarter of 2026 on March 1, 2026.

The players

Fox Run Management L.L.C.

An investment management firm that has reduced its stake in A.O. Smith Corporation.

A.O. Smith Corporation

A leading manufacturer of water heating and water treatment products for residential and commercial applications.

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The takeaway

The reduction in Fox Run Management's stake in A.O. Smith highlights the ongoing shifts in the investment landscape, as institutional investors reevaluate their positions in industrial companies. This move could signal broader trends in the sector that investors should monitor.