We are live on ! Find out more
CWT icon

California Water Service
CWT

142 hedge funds and large institutions have $652M invested in California Water Service in 2013 Q4 according to their latest regulatory filings, with 21 funds opening new positions, 55 increasing their positions, 38 reducing their positions, and 12 closing their positions.

New
Increased
Maintained
Reduced
Closed

3,900% more call options, than puts

Call options by funds: $920K | Put options by funds: $23K

200% more funds holding in top 10

Funds holding in top 10: 1 → 3 (+2)

75% more first-time investments, than exits

New positions opened: 21 | Existing positions closed: 12

45% more repeat investments, than reductions

Existing positions increased: 55 | Existing positions reduced: 38

16% more capital invested

Capital invested by funds: $562M → $652M (+$90M)

7% more funds holding

Funds holding: 133 → 142 (+9)

1.23% more ownership

Funds ownership: 58.06% → 59.29% (+1.2%)

Holders
142
Holders Change
+9
Holders Change %
+6.77%
% of All Funds
4.12%
Holding in Top 10
3
Holding in Top 10 Change
+2
Holding in Top 10 Change %
+200%
% of All Funds
0.09%
New
21
Increased
55
Reduced
38
Closed
12
Calls
$920K
Puts
$23K
Net Calls
+$897K
Net Calls Change
-$677K

Top Buyers

1
DRZID
DePrince Race & Zollo Inc (DRZ)
Florida
+$20.3M
2
IAMU
Impax Asset Management (UK)
United Kingdom
+$10.1M
3
SGM
Summit Global Management
California
+$7.65M
4
BKBG
BHF Kleinwort Benson Group
Belgium
+$5.32M
5
NI
Numeric Investors
Massachusetts
+$3.56M

Top Sellers

1
Adage Capital Partners
Adage Capital Partners
Massachusetts
-$16.3M
2
Lazard Asset Management
Lazard Asset Management
New York
-$13.3M
3
N
Nuveen
North Carolina
-$6.77M
4
Invesco
Invesco
Georgia
-$6.6M
5
EAM
Edge Asset Management
Washington
-$4.34M
Name Holding Trade Value Shares
Change 		Change in
Stake
Principal Financial Group
101
Principal Financial Group
Iowa
$329K +$55.4K +2,545 +22%
HCM
102
Highbridge Capital Management
New York
$328K +$309K +14,200 New
PP
103
Paloma Partners
Connecticut
$306K -$178K -8,165 -38%
Nisa Investment Advisors
104
Nisa Investment Advisors
Missouri
$300K – – –
WA
105
WFG Advisors
Texas
$277K +$370 +17 +0.1%
NCCM
106
Nine Chapters Capital Management
New Jersey
$275K +$259K +11,900 New
Royal Bank of Canada
107
Royal Bank of Canada
Ontario, Canada
$251K -$45.9K -2,108 -16%
NPPM
108
North Point Portfolio Managers
Ohio
$249K – – –
Creative Planning
109
Creative Planning
Kansas
$243K +$19.5K +898 +9%
CB
110
Chemical Bank
Michigan
$231K – – –
DC
111
Deere & Company
Illinois
$221K +$209K +9,594 New
CCMH
112
Cornerstone Capital Management Holdings
New York
$209K +$198K +9,100 New
BC
113
Blackhill Capital
New Jersey
$175K – – –
PNC Financial Services Group
114
PNC Financial Services Group
Pennsylvania
$170K -$97.5K -4,483 -38%
NTCOC
115
Northern Trust Company of Connecticut
Connecticut
$160K -$6.68K -307 -4%
US Bancorp
116
US Bancorp
Minnesota
$152K – – –
Ohio Public Employees Retirement System (OPERS)
117
Ohio Public Employees Retirement System (OPERS)
Ohio
$121K +$57.4K +2,639 +100%
MFS
118
MSI Financial Services
Massachusetts
$68K -$66.7K -3,064 -51%
1IC
119
1919 Investment Counsel
Maryland
$68K +$435 +20 +0.7%
PSI
120
Pinnacle Summer Investments
Virginia
$60K – – –
VanEck Associates
121
VanEck Associates
New York
$58K -$2.68K -123 -5%
LTFS
122
Ladenburg Thalmann Financial Services
Florida
$58K +$87 +4 +0.2%
Canada Life
123
Canada Life
Manitoba, Canada
$42K +$39.4K +1,813 New
Teacher Retirement System of Texas
124
Teacher Retirement System of Texas
Texas
$41K -$97.5K -4,483 -72%
WCM
125
Windsor Capital Management
Arizona
$35K +$65 +3 +0.2%
3 4
5
6 7

CWT Hedge Fund Activity: Q4 2013 in Review

142 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in California Water Service (CWT) for Q4 2013, worth a combined $652M — up 16% from $562M a quarter earlier.

Buyers outnumbered sellers: 21 funds opened new CWT positions and 12 closed out — a net gain of 9 holders — while 55 added to existing stakes and 38 trimmed.

The largest buyer was DePrince Race & Zollo Inc (DRZ), opening a new position worth an estimated $20.3M. The largest seller was Adage Capital Partners, exiting entirely with an estimated $16.3M sold.

  • 142 institutional investors held California Water Service (CWT) as of Q4 2013, up from 133 in Q3 2013.
  • Funds reported $652M of California Water Service stock for Q4 2013, up 16% quarter-over-quarter.
  • 21 funds opened new California Water Service positions in Q4 2013 and 12 closed out, a net change of +9 holders.
  • The largest California Water Service buyer in Q4 2013 was DePrince Race & Zollo Inc (DRZ), an estimated $20.3M added.
  • The largest California Water Service seller in Q4 2013 was Adage Capital Partners, an estimated $16.3M sold.

Based on aggregated 13F filings for Q4 2013.