California Water Service
139 hedge funds and large institutions have $705M invested in California Water Service in 2014 Q1 according to their latest regulatory filings, with 14 funds opening new positions, 47 increasing their positions, 44 reducing their positions, and 16 closing their positions.
8,489% more call options, than puts
Call options by funds: $773K | Put options by funds: $9K
8% more capital invested
Capital invested by funds: $652M → $705M (+$52.5M)
2.06% more ownership
Funds ownership: 59.29% → 61.36% (+2.1%)
7% more repeat investments, than reductions
Existing positions increased: 47 | Existing positions reduced: 44
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
2% less funds holding
Funds holding: 142 → 139 (-3)
13% less first-time investments, than exits
New positions opened: 14 | Existing positions closed: 16
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SB
Suntrust Banks
Atlanta,
Georgia
|
+$15.5M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$10.2M |
| 3 |
Baillie Gifford & Co
Edinburgh,
United Kingdom
|
+$5.52M |
| 4 |
RFC
Russell Frank Company
Seattle,
Washington
|
+$4.9M |
| 5 |
ZIM
Zacks Investment Management
Chicago,
Illinois
|
+$2.88M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WAM
Water Asset Management
New York
|
-$6.8M |
| 2 |
BKBG
BHF Kleinwort Benson Group
Brussels,
Belgium
|
-$3.36M |
| 3 |
SGM
Summit Global Management
San Diego,
California
|
-$3.03M |
| 4 |
Lazard Asset Management
New York
|
-$2.86M |
| 5 |
Morgan Stanley
New York
|
-$2.78M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
DC
151
Deere & Company
Moline,
Illinois
| – | -$221K | -9,594 | Closed |
|
152
VanEck Associates
New York
| – | -$58K | -2,504 | Closed |
|
|
WCM
153
Windsor Capital Management
Phoenix,
Arizona
| – | -$35K | -1,528 | Closed |
|
|
PCM
154
Prelude Capital Management
New York
| – | -$11K | -480 | Closed |
|
|
TRCT
155
Tower Research Capital (TRC)
New York
| – | -$9K | -402 | Closed |
|
CWT Hedge Fund Activity: Q1 2014 in Review
139 of the 3,462 institutional investors tracked by Wall St. Rank reported a position in California Water Service (CWT) for Q1 2014, worth a combined $705M — up 8.1% from $652M a quarter earlier.
Sellers outnumbered buyers: 16 funds closed out of CWT and 14 opened new positions — a net loss of 2 holders — while 44 trimmed existing stakes and 47 added.
The largest buyer was Suntrust Banks, adding an estimated $15.5M. The largest seller was Water Asset Management, cutting an estimated $6.8M.
- 139 institutional investors held California Water Service (CWT) as of Q1 2014, down from 142 in Q4 2013.
- Funds reported $705M of California Water Service stock for Q1 2014, up 8.1% quarter-over-quarter.
- 14 funds opened new California Water Service positions in Q1 2014 and 16 closed out, a net change of -2 holders.
- The largest California Water Service buyer in Q1 2014 was Suntrust Banks, an estimated $15.5M added.
- The largest California Water Service seller in Q1 2014 was Water Asset Management, an estimated $6.8M sold.
Based on aggregated 13F filings for Q1 2014.