California Water Service
155 hedge funds and large institutions have $721M invested in California Water Service in 2015 Q1 according to their latest regulatory filings, with 20 funds opening new positions, 59 increasing their positions, 40 reducing their positions, and 24 closing their positions.
116% more call options, than puts
Call options by funds: $335K | Put options by funds: $155K
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
48% more repeat investments, than reductions
Existing positions increased: 59 | Existing positions reduced: 40
0.22% less ownership
Funds ownership: 61.95% → 61.73% (-0.22%)
2% less capital invested
Capital invested by funds: $736M → $721M (-$15.3M)
3% less funds holding
Funds holding: 160 → 155 (-5)
17% less first-time investments, than exits
New positions opened: 20 | Existing positions closed: 24
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PAMU
Pictet Asset Management (UK)
London,
United Kingdom
|
+$21M |
| 2 |
WAM
Water Asset Management
New York
|
+$5.59M |
| 3 |
NI
Numeric Investors
Boston,
Massachusetts
|
+$5.56M |
| 4 |
Norges Bank
Oslo,
Norway
|
+$5.36M |
| 5 |
BKBG
BHF Kleinwort Benson Group
Brussels,
Belgium
|
+$4.11M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Lazard Asset Management
New York
|
-$64M |
| 2 |
DRZID
DePrince Race & Zollo Inc (DRZ)
Winter Park,
Florida
|
-$5.59M |
| 3 |
RFC
Russell Frank Company
Seattle,
Washington
|
-$4.05M |
| 4 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$3.19M |
| 5 |
Caisse de Depot et Placement du Quebec (CDPQ)
Montreal,
Quebec, Canada
|
-$2.91M |
CWT Hedge Fund Activity: Q1 2015 in Review
155 of the 3,752 institutional investors tracked by Wall St. Rank reported a position in California Water Service (CWT) for Q1 2015, worth a combined $721M — down 2.1% from $736M a quarter earlier.
Sellers outnumbered buyers: 24 funds closed out of CWT and 20 opened new positions — a net loss of 4 holders — while 40 trimmed existing stakes and 59 added.
The largest buyer was Pictet Asset Management (UK), adding an estimated $21M. The largest seller was Lazard Asset Management, cutting an estimated $64M.
- 155 institutional investors held California Water Service (CWT) as of Q1 2015, down from 160 in Q4 2014.
- Funds reported $721M of California Water Service stock for Q1 2015, down 2.1% quarter-over-quarter.
- 20 funds opened new California Water Service positions in Q1 2015 and 24 closed out, a net change of -4 holders.
- The largest California Water Service buyer in Q1 2015 was Pictet Asset Management (UK), an estimated $21M added.
- The largest California Water Service seller in Q1 2015 was Lazard Asset Management, an estimated $64M sold.
Based on aggregated 13F filings for Q1 2015.