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Which funds own WSO

Watsco Inc in the Q2 2026 filings. At least 3 of the 91 current managers on file reported a position, worth $1.5bn between them. It is among the largest positions of fewer than a fifth of the current managers on file. Buying and selling roughly cancelled this quarter, which is what a name looks like when the argument is still live.

Managers holding: 3; at least, of 91 current
Combined value: $1.5bn; as reported
Opened: 0; new this quarter
Added to: 2; already held
Trimmed or sold out: 3; 2 sold out entirely

Only each manager’s largest 200 positions are listed here, so a smaller holder may be missing.

Managers reporting a position

Largest first. Weight is the share of that manager’s whole reported book, which is the number worth quoting: $400m is a rounding error in one book and a defining bet in another.

Manager	Value	Weight	Shares	Change on the quarter	Action
Capital Research Global Investors Long-only · $717bn book	$793m	0.1%	1,902,230	+$102m+3,627	Added
Baillie Gifford & Co Long-only · $110bn book	$471m	0.4%	1,129,536	+$57m-7,722	Trimmed
Markel Group Inc Activist · $13.1bn book	$249m	1.9%	597,750	+$37m+15,581	Added

Sold out of this quarter

Valued at what the position was worth in the previous filing, because by this one it is gone.

Verition Fund Management LLC · Multi-strategy$3.3m held before
Caxton Associates LLP · Macro$1.0m held before

Ownership through time

At least 8 of the 95 managers whose filings are on file listed WSO in Q2 2026, against 7 in Q2 2013. 2 managers fewer than in Q1 2026: 1 started a position; 3 no longer listed it among the positions read, which can mean a holding below the listed range or a filing not yet made.

Each manager’s largest 500 positions a quarter are read, so a small holding in a very large book can be missing, and a manager is counted as leaving only where its own filing shows it.

Managers on file listing it

Their combined reported value

Between the quarter ends of Q1 2026 and Q2 2026. Each change in shares is valued at the Q2 2026 price, so the price’s own move is left out; a 13F shows the two quarter ends, not when in between anything was bought or sold.

Started in Q2 2026

Bridgewater Associates LP$20m

Largest increases, by shares

Bridgewater Associates LPnew: 47,897 shares+$20m
Markel Group Inc582,169 to 597,750 shares+$6.5m
Capital Research Global Investors1,898,603 to 1,902,230 shares+$1.5m

Largest decreases, by shares

Fidelity (FMR LLC)1,890,322 to 1,705,273 shares-$77m
Renaissance Technologies LLC216,400 to 151,160 shares-$27m
Baillie Gifford & Co1,137,258 to 1,129,536 shares-$3.2m
Neuberger Berman Group LLC130,482 to 130,302 shares-$75k

Left it

No manager on file is shown leaving it.

Manager	First listed	Largest	Q2 2026
Capital Research Global Investors	Q2 2013	$793m	$793m
Fidelity (FMR LLC)	Q4 2014	$1.8bn	$711m
Baillie Gifford & Co	Q2 2013	$739m	$471m
Markel Group Inc	Q4 2014	$300m	$249m
Capital World Investors	Q2 2013	$389m	$141m
Renaissance Technologies LLC	Q1 2014	$103m	$63m
Neuberger Berman Group LLC	Q2 2013	$294m	$54m
Bridgewater Associates LP	Q2 2020	$20m	$20m
T. Rowe Price Associates Inc	Q1 2017	$406m	last listed Q4 2018
Wellington Management Group LLP	Q3 2019	$279m	last listed Q1 2025
Citadel Advisors LLC	Q3 2023	$186m	last listed Q1 2025
Balyasny Asset Management LLC	Q1 2014	$169m	last listed Q4 2024
Two Sigma Investments LP	Q4 2013	$136m	last listed Q1 2026
AllianceBernstein LP	Q2 2015	$93m	last listed Q3 2018
Squarepoint Ops LLC	Q2 2015	$83m	last listed Q2 2025
Two Sigma Advisers LP	Q1 2014	$79m	last listed Q4 2025
Millennium Management LLC	Q2 2013	$63m	last listed Q2 2020
Voloridge Investment Management LLC	Q4 2016	$41m	last listed Q4 2025

What WSO is worth

Knowing who owns it is half the question. The other half is what it is worth against the companies it trades beside, which is the one an interviewer will follow up with.

Build the comp set around WSO →

How much of the picture this is

A Form 13F reports US-listed long equity and nothing else: no shorts, no bonds, no cash and no non-US listings. It arrives forty-five days after the quarter ends, so a manager who sold in July still shows the position in a filing published in August. This page reads the managers on file here rather than every filer in the market, and each manager’s largest positions rather than the whole table, so a small position in a very large book may not appear. Say “their last filing showed” rather than “they own”, and the distinction will do you credit.

What to do with a name the funds are buying

Knowing who owns something is the start of a pitch, not the pitch. The next questions are what it is worth and why they were buying.

Comps ExplorerValue it against the peers it trades beside Every managerRead any of these books in full Deal tapeWhat buyers paid for whole companies, not slices Hedge fund interviewsHow the room runs, and the stock pitch it wants

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The holdings, every quarter, and the week between

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