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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.

New
Increased
Maintained
Reduced
Closed

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: 135141 (+6)

0% more funds holding in top 10

Funds holding in top 10: 33 (0)

4% less capital invested

Capital invested by funds: $695M → $668M (-$27.7M)

1.91% less ownership

Funds ownership: 63.95%62.04% (-1.9%)

16% less repeat investments, than reductions

Existing positions increased: 41 | Existing positions reduced: 49

Holders
141
Holders Change
+6
Holders Change %
+4.44%
% of All Funds
4.09%
Holding in Top 10
3
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.09%
New
12
Increased
41
Reduced
49
Closed
6
Calls
$188K
Puts
$116K
Net Calls
+$72K
Net Calls Change
-$865K
Name Holding Trade Value Shares
Change
Change in
Stake
Lazard Asset Management
1
Lazard Asset Management
New York
$92.8M +$8.08M +343,342 +9%
Vanguard Group
2
Vanguard Group
Pennsylvania
$72.2M +$1.08M +45,829 +1%
IAMU
3
Impax Asset Management (UK)
United Kingdom
$43.5M -$2.47M -105,029 -5%
PAMU
4
Pictet Asset Management (UK)
United Kingdom
$39.8M +$70.5K +2,995 +0.2%
VFA
5
Virtus Fund Advisers
Connecticut
$30.3M -$194K -8,239 -0.6%
BIT
6
BlackRock Institutional Trust
California
$29M -$169K -7,171 -0.6%
Dimensional Fund Advisors
7
Dimensional Fund Advisors
Texas
$26.9M +$836K +35,527 +3%
BFA
8
BlackRock Fund Advisors
California
$22.8M -$1.32M -56,013 -5%
DRZID
9
DePrince Race & Zollo Inc (DRZ)
Florida
$22.2M -$4.54M -192,788 -16%
Baillie Gifford & Co
10
Baillie Gifford & Co
United Kingdom
$21.8M
State Street
11
State Street
Massachusetts
$19.2M -$914K -38,846 -4%
Invesco
12
Invesco
Georgia
$13.9M -$2.72M -115,440 -16%
RFC
13
Russell Frank Company
Washington
$12.8M -$2.54M -107,769 -16%
Northern Trust
14
Northern Trust
Illinois
$12.3M -$850K -36,126 -6%
WAM
15
Water Asset Management
New York
$11.8M -$306K -13,000 -2%
Norges Bank
16
Norges Bank
Norway
$10.4M -$11.6M -491,783 -52%
Bank of New York Mellon
17
Bank of New York Mellon
New York
$9.54M -$181K -7,672 -2%
RS
18
Robeco Schweiz
Switzerland
$8.39M
First Trust Advisors
19
First Trust Advisors
Illinois
$7.73M -$350K -14,875 -4%
BKBG
20
BHF Kleinwort Benson Group
Belgium
$7.6M -$7.44M -316,401 -59%
ZIM
21
Zacks Investment Management
Illinois
$7.13M -$521K -22,135 -7%
TA
22
Teachers Advisors
New York
$6.94M +$5.68M +241,606 +357%
JP Morgan Chase
23
JP Morgan Chase
New York
$6.16M -$112K -4,757 -2%
Geode Capital Management
24
Geode Capital Management
Massachusetts
$5.7M +$392K +16,669 +7%
TCIM
25
TIAA CREF Investment Management
New York
$5.51M -$74K -3,147 -1%

CWT Hedge Fund Activity: Q3 2014 in Review

141 of the 3,446 institutional investors tracked by Wall St. Rank reported a position in California Water Service (CWT) for Q3 2014, worth a combined $668M — down 4% from $695M 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 4% 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.