Ken Fisher Portfolio: 5 Biggest Small-Cap Positions

3. A. O. Smith Corporation (NYSE:AOS)

Market Capitalization as of October 4: $9.88 Billion
Fisher Asset Management’s Stake Value: $133.19 Million
Number of Hedge Fund Holders: 39

A. O. Smith Corporation is an industrial company headquartered in Milwaukee, Wisconsin. The company manufactures and markets residential and commercial gas heat pumps and electric water heaters. It distributes its products through independent wholesale plumbing distributors and retail.

 Fisher Investment first bought stakes in the company in the third quarter of 2022 worth $21 million, accounting for 0.01% of the portfolio at the time. The hedge fund has since increased the stake to $133.19 million, accounting for 0.07% of the portfolio.

Follow Smith A O Corp (NYSE:AOS)

[/company-follow-email]