Capital International Investors, a division of Capital Research and Management Company and related investment management entities, reports a significant ownership stake in Watsco, Inc. common stock. As of 12/31/2025, it is deemed to beneficially own 4,704,748 shares, representing 13.5% of the company’s 34,923,800 shares believed outstanding.
The group has sole voting power over 4,659,912 shares and sole dispositive power over 4,704,748 shares, with no shared voting or dispositive power. It certifies that the shares were acquired and are held in the ordinary course of business, not to change or influence control of Watsco.
Positive
None.
Negative
None.
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(Amendment No. 2)
Watsco, Inc.
(Name of Issuer)
Common Stock
(Title of Class of Securities)
942622200
(CUSIP Number)
12/31/2025
(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
Rule 13d-1(b)
Rule 13d-1(c)
Rule 13d-1(d)
SCHEDULE 13G
CUSIP No.
942622200
1
Names of Reporting Persons
Capital International Investors
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
DELAWARE
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
4,659,912.00
6
Shared Voting Power
0.00
7
Sole Dispositive Power
4,704,748.00
8
Shared Dispositive Power
0.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
4,704,748.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
13.5 %
12
Type of Reporting Person (See Instructions)
IA
SCHEDULE 13G
Item 1.
(a)
Name of issuer:
Watsco, Inc.
(b)
Address of issuer's principal executive offices:
2665 SOUTH BAYSHORE DR, STE 901, COCONUT GROVE, FL 33133
Item 2.
(a)
Name of person filing:
Capital International Investors
(b)
Address or principal business office or, if none, residence:
333 South Hope Street, 55th Fl, Los Angeles, CA 90071
(c)
Citizenship:
N/A
(d)
Title of class of securities:
Common Stock
(e)
CUSIP No.:
942622200
Item 3.
If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)
Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)
Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)
Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)
Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)
An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)
An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)
A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)
A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)
A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)
A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J),
please specify the type of institution:
(k)
Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.
Ownership
(a)
Amount beneficially owned:
4,704,748 **
**Capital International Investors ("CII") is a division of Capital Research and Management Company ("CRMC"), as well as its investment management subsidiaries and affiliates Capital Bank and Trust Company, Capital International, Inc., Capital International Limited, Capital International Sarl, Capital International K.K., Capital Group Private Client Services, Inc., and Capital Group Investment Management Private Limited (together with CRMC, the "investment management entities"). CII's divisions of each of the investment management entities collectively provide investment management services under the name "Capital International Investors." CII is deemed to be the beneficial owner of 4,704,748 shares or 13.5% of the 34,923,800 shares believed to be outstanding.
(b)
Percent of class:
13.5 %
(c)
Number of shares as to which the person has:
(i) Sole power to vote or to direct the vote:
4,659,912
(ii) Shared power to vote or to direct the vote:
0
(iii) Sole power to dispose or to direct the disposition of:
4,704,748
(iv) Shared power to dispose or to direct the disposition of:
0
Item 5.
Ownership of 5 Percent or Less of a Class.
Not Applicable
Item 6.
Ownership of more than 5 Percent on Behalf of Another Person.
Not Applicable
Item 7.
Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
Not Applicable
Item 8.
Identification and Classification of Members of the Group.
Not Applicable
Item 9.
Notice of Dissolution of Group.
Not Applicable
Item 10.
Certifications:
By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11.
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
Capital International Investors
Signature:
Jae Won Chung
Name/Title:
Vice President and Senior Counsel II, Capital Research and Management Company
What ownership stake in Watsco, Inc. (WSO) does Capital International Investors report?
Capital International Investors reports beneficial ownership of 4,704,748 Watsco common shares, representing 13.5% of the class. This percentage is based on 34,923,800 Watsco shares believed to be outstanding as of December 31, 2025, indicating a sizable institutional position.
How many Watsco (WSO) shares can Capital International Investors vote and dispose of?
Capital International Investors reports sole voting power over 4,659,912 Watsco shares and sole dispositive power over 4,704,748 shares. It reports no shared voting or shared dispositive power, indicating centralized decision authority within the Capital International Investors structure for this position.
Is Capital International Investors seeking to influence control of Watsco (WSO)?
Capital International Investors certifies the Watsco shares were acquired and are held in the ordinary course of business. It further states they were not acquired and are not held for the purpose or effect of changing or influencing control of Watsco, consistent with a Schedule 13G filing.
What is the significance of the 13.5% ownership of Watsco (WSO)?
The filing states Capital International Investors beneficially owns 13.5% of Watsco’s common stock. This level of ownership makes it a major institutional holder, though the filer certifies the stake is not intended to change or influence control of the company’s management or policies.
Who signed the Watsco (WSO) Schedule 13G/A for Capital International Investors?
The Schedule 13G/A is signed by Jae Won Chung, identified as Vice President and Senior Counsel II of Capital Research and Management Company. The signature certifies, after reasonable inquiry, that the information in the statement is true, complete, and correct as of the filing date.
Which entities are associated with Capital International Investors in the Watsco (WSO) filing?
Capital International Investors is described as a division of Capital Research and Management Company and related investment management subsidiaries and affiliates. These include Capital Bank and Trust Company, several Capital International entities, Capital Group Private Client Services, Inc., and Capital Group Investment Management Private Limited.