Bruce M. Smith

AOS

DIRECTOR · SMITH A O CORP · CIK 0001236625

FILING MIX · LIFETIME45%/55%

BUYS

SELLS

TOTAL VALUE

$937.9K

COMPANIES

ACTIVE SINCE

Apr 2020

HOLDINGS NOW

142

AVG SELL PX

$61.21

Trades · vs SPY

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Performance · forward returns vs SPY

2 backtested trades · 8 horizons

Forward-return performance of every backtestable P/S trade by Bruce M. Smith, measured at 8 horizons from 7 days to 2 years. Deduped per economic event so co-filings count once. Excess return = trade return minus SPY return over the same window.

HORIZON	TRADES	WIN RATE	INSIDER RETURN	SPY RETURN	MEAN EXCESS	MEDIAN EXCESS	T-STAT
7d	2	+0.00%	+1.57%	+3.45%	-1.88%	-1.88%	—
14d	2	+0.00%	+4.83%	+4.60%	+0.23%	+0.23%	—
30d	2	+50.00%	+0.06%	+5.78%	-5.72%	-5.72%	—
60d	2	+0.00%	+2.18%	+8.40%	-6.22%	-6.22%	—
90d	2	+0.00%	+5.75%	+10.65%	-4.90%	-4.90%	—
180d	2	+0.00%	+26.36%	+19.80%	+6.56%	+6.56%	—
1y	2	+50.00%	+17.42%	+18.32%	-0.90%	-0.90%	—
2y	2	+0.00%	+4.40%	+9.27%	-4.86%	-4.86%	—

How to read this: Insider Returnis the average raw return of the filer's trades over the horizon. SPY Return is what SPY did over those same windows — reference only, not a comparison. The headline alpha number is Mean Excess = Insider − SPY; green means the filer beat SPY, red means they trailed it. Win rate is the share of individual trades where the filer beat SPY. T-statvalues above 2 mean the alpha is unlikely to be chance given the sample size. "Pending" counts trades where the horizon hasn't elapsed yet; their stats are not included in the row average.

Holdings over time

AOS · 142 shares · as of Jul 12, 2021

Trading cadence · quarterly flow

BUY ● SELL ●

2020

2021

FLOW · 5 buys / 6 sellsCOVERAGE · 6 quarters

Form 4 filings · all activity

COMPANY	TYPE	SHARES	PRICE	VALUE	HELD AFTER	TRADE DATE	FILED
AOS SMITH A O CORP	PURCHASEGRANT Stock grant	142	$70.86	$10.1K	142	Jul 12, 2021	Jul 14, 2021 ↗
AOS SMITH A O CORP	SALEGRANT Gift	60,172	—	—	108,938	Jun 4, 2021	Jul 14, 2021 ↗
AOS SMITH A O CORP	SALEGRANT Gift	60,172	—	—	0	Jun 4, 2021	Jul 14, 2021 ↗
AOS SMITH A O CORP	PURCHASEGRANT Gift	60,172	—	—	60,172	Jun 4, 2021	Jul 14, 2021 ↗
AOS SMITH A O CORP	SALE	5,226	$69.65	$364.0K	0	May 18, 2021	May 19, 2021 ↗
AOS SMITH A O CORP	PURCHASEGRANT Stock grant	1,922	$67.67	$130.1K	5,226	Apr 13, 2021	Apr 15, 2021 ↗
AOS SMITH A O CORP	SALEGRANT Gift	60,291	—	—	0	Feb 5, 2021	Apr 15, 2021 ↗
AOS SMITH A O CORP	SALEGRANT Gift	60,291	—	—	169,110	Feb 5, 2021	Apr 15, 2021 ↗
AOS SMITH A O CORP	PURCHASEGRANT Gift	60,291	—	—	60,291	Feb 5, 2021	Apr 15, 2021 ↗
AOS SMITH A O CORP	SALE	5,683	$53.45	$303.8K	3,304	Nov 3, 2020	Nov 3, 2020 ↗
AOS SMITH A O CORP	PURCHASEGRANT Stock grant	3,249	$40.02	$130.0K	8,987	Apr 15, 2020	Apr 17, 2020 ↗

Other insiders · AOS

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About this filer

CIK 0001236625

ROLE

Director

PRIMARY

AOS

COMPANIES

ACTIVE SINCE

Apr 2020

MARKETPEEL · /INSIDER/0001236625DATA · SEC EDGAR · FORM 4 · CONSOLIDATED TAPE

Bruce M. Smith

The morning brief, before the bell.