California Water Service
141 hedge funds and large institutions have $668M invested in California Water Service in 2014 Q3 according to their latest regulatory filings, with 12 funds opening new positions, 41 increasing their positions, 49 reducing their positions, and 6 closing their positions.
100% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 6
62% more call options, than puts
Call options by funds: $188K | Put options by funds: $116K
4% more funds holding
Funds holding: 135 → 141 (+6)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
1.91% less ownership
Funds ownership: 63.95% → 62.04% (-1.9%)
10% less capital invested
Capital invested by funds: $745M → $668M (-$76.4M)
16% less repeat investments, than reductions
Existing positions increased: 41 | Existing positions reduced: 49
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Lazard Asset Management
New York
|
+$8.08M |
| 2 |
TA
Teachers Advisors
New York
|
+$5.68M |
| 3 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$1.32M |
| 4 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
+$1.31M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$1.08M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Norges Bank
Oslo,
Norway
|
-$11.6M |
| 2 |
BKBG
BHF Kleinwort Benson Group
Brussels,
Belgium
|
-$7.44M |
| 3 |
DRZID
DePrince Race & Zollo Inc (DRZ)
Winter Park,
Florida
|
-$4.54M |
| 4 |
Invesco
Atlanta,
Georgia
|
-$2.72M |
| 5 |
RFC
Russell Frank Company
Seattle,
Washington
|
-$2.54M |
CWT Hedge Fund Activity: Q3 2014 in Review
141 of the 3,455 institutional investors tracked by Wall St. Rank reported a position in California Water Service (CWT) for Q3 2014, worth a combined $668M — down 10% from $745M a quarter earlier.
Buyers outnumbered sellers: 12 funds opened new CWT positions and 6 closed out — a net gain of 6 holders — while 41 added to existing stakes and 49 trimmed.
The largest buyer was Lazard Asset Management, adding an estimated $8.08M. The largest seller was Norges Bank, cutting an estimated $11.6M.
- 141 institutional investors held California Water Service (CWT) as of Q3 2014, up from 135 in Q2 2014.
- Funds reported $668M of California Water Service stock for Q3 2014, down 10% quarter-over-quarter.
- 12 funds opened new California Water Service positions in Q3 2014 and 6 closed out, a net change of +6 holders.
- The largest California Water Service buyer in Q3 2014 was Lazard Asset Management, an estimated $8.08M added.
- The largest California Water Service seller in Q3 2014 was Norges Bank, an estimated $11.6M sold.
Based on aggregated 13F filings for Q3 2014.