California Water Service
271 hedge funds and large institutions have $2.26B invested in California Water Service in 2023 Q3 according to their latest regulatory filings, with 23 funds opening new positions, 104 increasing their positions, 91 reducing their positions, and 36 closing their positions.
14% more repeat investments, than reductions
Existing positions increased: 104 | Existing positions reduced: 91
1.32% less ownership
Funds ownership: 84.19% → 82.88% (-1.3%)
5% less funds holding
Funds holding: 286 → 271 (-15)
7% less capital invested
Capital invested by funds: $2.44B → $2.26B (-$173M)
36% less first-time investments, than exits
New positions opened: 23 | Existing positions closed: 36
86% less call options, than puts
Call options by funds: $95K | Put options by funds: $681K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DRZID
DePrince Race & Zollo Inc (DRZ)
Winter Park,
Florida
|
+$34.6M |
| 2 |
NI
Nuance Investments
Kansas City,
Missouri
|
+$24.3M |
| 3 |
T. Rowe Price Investment Management
Baltimore,
Maryland
|
+$17.6M |
| 4 |
BlackRock
New York
|
+$14.7M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$13.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
State Street
Boston,
Massachusetts
|
-$84.6M |
| 2 |
Millennium Management
New York
|
-$15.2M |
| 3 |
Marshall Wace
London,
United Kingdom
|
-$11.8M |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$5.1M |
| 5 |
Zurich Cantonal Bank
Zurich,
Switzerland
|
-$4.63M |
CWT Hedge Fund Activity: Q3 2023 in Review
271 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in California Water Service (CWT) for Q3 2023, worth a combined $2.26B — down 7.1% from $2.44B a quarter earlier.
Sellers outnumbered buyers: 36 funds closed out of CWT and 23 opened new positions — a net loss of 13 holders — while 91 trimmed existing stakes and 104 added.
The largest buyer was DePrince Race & Zollo Inc (DRZ), opening a new position worth an estimated $34.6M. The largest seller was State Street, cutting an estimated $84.6M.
- 271 institutional investors held California Water Service (CWT) as of Q3 2023, down from 286 in Q2 2023.
- Funds reported $2.26B of California Water Service stock for Q3 2023, down 7.1% quarter-over-quarter.
- 23 funds opened new California Water Service positions in Q3 2023 and 36 closed out, a net change of -13 holders.
- The largest California Water Service buyer in Q3 2023 was DePrince Race & Zollo Inc (DRZ), an estimated $34.6M added.
- The largest California Water Service seller in Q3 2023 was State Street, an estimated $84.6M sold.
Based on aggregated 13F filings for Q3 2023.