California Water Service
135 hedge funds and large institutions have $745M invested in California Water Service in 2014 Q2 according to their latest regulatory filings, with 10 funds opening new positions, 50 increasing their positions, 44 reducing their positions, and 13 closing their positions.
10,411% more call options, than puts
Call options by funds: $946K | Put options by funds: $9K
14% more repeat investments, than reductions
Existing positions increased: 50 | Existing positions reduced: 44
6% more capital invested
Capital invested by funds: $706M → $745M (+$39.1M)
2.59% more ownership
Funds ownership: 61.36% → 63.95% (+2.6%)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
3% less funds holding
Funds holding: 139 → 135 (-4)
23% less first-time investments, than exits
New positions opened: 10 | Existing positions closed: 13
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Norges Bank
Oslo,
Norway
|
+$10.7M |
| 2 |
Lazard Asset Management
New York
|
+$9.57M |
| 3 |
IAMU
Impax Asset Management (UK)
London,
United Kingdom
|
+$9.04M |
| 4 |
PAMU
Pictet Asset Management (UK)
London,
United Kingdom
|
+$6.19M |
| 5 |
DRZID
DePrince Race & Zollo Inc (DRZ)
Winter Park,
Florida
|
+$4.15M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SB
Suntrust Banks
Atlanta,
Georgia
|
-$31.8M |
| 2 |
NI
Numeric Investors
Boston,
Massachusetts
|
-$5.28M |
| 3 |
CBOA
Commonwealth Bank of Australia
Sydney, NSW,
Australia
|
-$5.27M |
| 4 |
Renaissance Technologies
New York
|
-$4.01M |
| 5 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
-$2.67M |
CWT Hedge Fund Activity: Q2 2014 in Review
135 of the 3,491 institutional investors tracked by Wall St. Rank reported a position in California Water Service (CWT) for Q2 2014, worth a combined $745M — up 5.5% from $706M a quarter earlier.
Sellers outnumbered buyers: 13 funds closed out of CWT and 10 opened new positions — a net loss of 3 holders — while 44 trimmed existing stakes and 50 added.
The largest buyer was Norges Bank, adding an estimated $10.7M. The largest seller was Suntrust Banks, cutting an estimated $31.8M.
- 135 institutional investors held California Water Service (CWT) as of Q2 2014, down from 139 in Q1 2014.
- Funds reported $745M of California Water Service stock for Q2 2014, up 5.5% quarter-over-quarter.
- 10 funds opened new California Water Service positions in Q2 2014 and 13 closed out, a net change of -3 holders.
- The largest California Water Service buyer in Q2 2014 was Norges Bank, an estimated $10.7M added.
- The largest California Water Service seller in Q2 2014 was Suntrust Banks, an estimated $31.8M sold.
Based on aggregated 13F filings for Q2 2014.