California Water Service
228 hedge funds and large institutions have $1.27B invested in California Water Service in 2018 Q1 according to their latest regulatory filings, with 36 funds opening new positions, 81 increasing their positions, 54 reducing their positions, and 27 closing their positions.
50% more repeat investments, than reductions
Existing positions increased: 81 | Existing positions reduced: 54
33% more first-time investments, than exits
New positions opened: 36 | Existing positions closed: 27
3% more funds holding
Funds holding: 221 → 228 (+7)
3% more call options, than puts
Call options by funds: $522K | Put options by funds: $507K
0.72% more ownership
Funds ownership: 70.36% → 71.08% (+0.72%)
17% less capital invested
Capital invested by funds: $1.53B → $1.27B (-$261M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
State Street
Boston,
Massachusetts
|
+$60.5M |
| 2 |
NI
Nuance Investments
Kansas City,
Missouri
|
+$25.2M |
| 3 |
Invesco
Atlanta,
Georgia
|
+$11.7M |
| 4 |
Millennium Management
New York
|
+$11M |
| 5 |
KBC Group
Brussels,
Belgium
|
+$8.07M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IAMU
Impax Asset Management (UK)
London,
United Kingdom
|
-$79M |
| 2 |
IAMA
Impax Asset Management (AIFM)
London,
United Kingdom
|
-$15.4M |
| 3 |
PAMU
Pictet Asset Management (UK)
London,
United Kingdom
|
-$6.67M |
| 4 |
WAM
Water Asset Management
New York
|
-$5.05M |
| 5 |
Assenagon Asset Management
Senningerberg,
Luxembourg
|
-$4.62M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
MRCM
251
M&R Capital Management
Summit,
New Jersey
| – | -$18K | -400 | Closed |
|
|
APA
252
American Portfolios Advisors
Holbrook,
New York
| – | -$13.6K | -300 | Closed |
|
|
RWA
253
Ropes Wealth Advisors
Boston,
Massachusetts
| – | -$5K | -107 | Closed |
|
|
EWM
254
Evercore Wealth Management
New York
| – | -$2K | -45 | Closed |
|
255
AssetMark Inc
Concord,
California
| – | -$1K | -16 | Closed |
|
CWT Hedge Fund Activity: Q1 2018 in Review
228 of the 4,363 institutional investors tracked by Wall St. Rank reported a position in California Water Service (CWT) for Q1 2018, worth a combined $1.27B — down 17% from $1.53B a quarter earlier.
Buyers outnumbered sellers: 36 funds opened new CWT positions and 27 closed out — a net gain of 9 holders — while 81 added to existing stakes and 54 trimmed.
The largest buyer was State Street, adding an estimated $60.5M. The largest seller was Impax Asset Management (UK), exiting entirely with an estimated $79M sold.
- 228 institutional investors held California Water Service (CWT) as of Q1 2018, up from 221 in Q4 2017.
- Funds reported $1.27B of California Water Service stock for Q1 2018, down 17% quarter-over-quarter.
- 36 funds opened new California Water Service positions in Q1 2018 and 27 closed out, a net change of +9 holders.
- The largest California Water Service buyer in Q1 2018 was State Street, an estimated $60.5M added.
- The largest California Water Service seller in Q1 2018 was Impax Asset Management (UK), an estimated $79M sold.
Based on aggregated 13F filings for Q1 2018.