California Water Service
160 hedge funds and large institutions have $737M invested in California Water Service in 2014 Q4 according to their latest regulatory filings, with 32 funds opening new positions, 50 increasing their positions, 48 reducing their positions, and 9 closing their positions.
256% more first-time investments, than exits
New positions opened: 32 | Existing positions closed: 9
150% more call options, than puts
Call options by funds: $5K | Put options by funds: $2K
13% more funds holding
Funds holding: 141 → 160 (+19)
10% more capital invested
Capital invested by funds: $668M → $737M (+$68.7M)
4% more repeat investments, than reductions
Existing positions increased: 50 | Existing positions reduced: 48
0.09% less ownership
Funds ownership: 62.04% → 61.95% (-0.09%)
67% less funds holding in top 10
Funds holding in top 10: 3 → 1 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BKBG
BHF Kleinwort Benson Group
Brussels,
Belgium
|
+$14.1M |
| 2 |
Bank of New York Mellon
New York
|
+$13.1M |
| 3 |
Millennium Management
New York
|
+$7.77M |
| 4 |
Two Sigma Investments
New York
|
+$5.02M |
| 5 |
Two Sigma Advisers
New York
|
+$4.74M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Lazard Asset Management
New York
|
-$37.1M |
| 2 |
Baillie Gifford & Co
Edinburgh,
United Kingdom
|
-$21.8M |
| 3 |
DRZID
DePrince Race & Zollo Inc (DRZ)
Winter Park,
Florida
|
-$18.7M |
| 4 |
RFC
Russell Frank Company
Seattle,
Washington
|
-$8.09M |
| 5 |
WAM
Water Asset Management
New York
|
-$6.45M |
CWT Hedge Fund Activity: Q4 2014 in Review
160 of the 3,765 institutional investors tracked by Wall St. Rank reported a position in California Water Service (CWT) for Q4 2014, worth a combined $737M — up 10% from $668M a quarter earlier.
Buyers outnumbered sellers: 32 funds opened new CWT positions and 9 closed out — a net gain of 23 holders — while 50 added to existing stakes and 48 trimmed.
The largest buyer was BHF Kleinwort Benson Group, adding an estimated $14.1M. The largest seller was Lazard Asset Management, cutting an estimated $37.1M.
- 160 institutional investors held California Water Service (CWT) as of Q4 2014, up from 141 in Q3 2014.
- Funds reported $737M of California Water Service stock for Q4 2014, up 10% quarter-over-quarter.
- 32 funds opened new California Water Service positions in Q4 2014 and 9 closed out, a net change of +23 holders.
- The largest California Water Service buyer in Q4 2014 was BHF Kleinwort Benson Group, an estimated $14.1M added.
- The largest California Water Service seller in Q4 2014 was Lazard Asset Management, an estimated $37.1M sold.
Based on aggregated 13F filings for Q4 2014.