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ESS Tech

75 hedge funds and large institutions have $331M invested in ESS Tech in 2022 Q1 according to their latest regulatory filings, with 29 funds opening new positions, 20 increasing their positions, 16 reducing their positions, and 12 closing their positions.

New
Increased
Maintained
Reduced
Closed

142% more first-time investments, than exits

New positions opened: 29 | Existing positions closed: 12

29% more funds holding

Funds holding: 5875 (+17)

25% more repeat investments, than reductions

Existing positions increased: 20 | Existing positions reduced: 16

0.21% more ownership

Funds ownership: 2.39%2.6% (+0.21%)

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

4% less call options, than puts

Call options by funds: $1.06M | Put options by funds: $1.1M

47% less capital invested

Capital invested by funds: $622M → $331M (-$291M)

Holders
75
Holders Change
+17
Holders Change %
+29.31%
% of All Funds
1.18%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.02%
New
29
Increased
20
Reduced
16
Closed
12
Calls
$1.06M
Puts
$1.1M
Net Calls
-$40K
Net Calls Change
-$10.1M
Name Holding Trade Value Shares
Change
Change in
Stake
SoftBank Group
1
SoftBank Group
Japan
$200M
Fidelity Investments
2
Fidelity Investments
Massachusetts
$51.6M -$12.9M -144,820 -19%
Invesco
3
Invesco
Georgia
$17.9M +$9.56M +107,059 +100%
SCC
4
Spring Creek Capital
Kansas
$11M +$11.7M +131,327 New
Bank of America
5
Bank of America
North Carolina
$10.1M +$10.8M +121,073 New
Vanguard Group
6
Vanguard Group
Pennsylvania
$9.83M +$5.11M +57,260 +95%
TCA
7
Tortoise Capital Advisors
Kansas
$4.82M -$79.4K -889 -2%
BlackRock
8
BlackRock
New York
$3.9M +$108K +1,215 +3%
William Blair & Company
9
William Blair & Company
Illinois
$3.8M -$9.55K -107 -0.2%
Geode Capital Management
10
Geode Capital Management
Massachusetts
$2.9M +$307K +3,434 +11%
LNWTC
11
Laird Norton Wetherby Trust Company
Washington
$1.85M +$1.98M +22,185 New
Charles Schwab
12
Charles Schwab
California
$1.77M +$403K +4,517 +27%
State Street
13
State Street
Massachusetts
$1.06M +$226K +2,535 +25%
ECM
14
ExodusPoint Capital Management
New York
$927K +$900K +10,080 +995%
Millennium Management
15
Millennium Management
New York
$845K +$133K +1,495 +17%
Goldman Sachs
16
Goldman Sachs
New York
$802K -$19.7K -221 -2%
HPWM
17
Highland Private Wealth Management
Washington
$764K +$816K +9,141 New
Healthcare of Ontario Pension Plan (HOOPP) Trust Fund
18
Healthcare of Ontario Pension Plan (HOOPP) Trust Fund
Ontario, Canada
$683K +$730K +8,180 New
Susquehanna International Group
19
Susquehanna International Group
Pennsylvania
$661K +$706K +7,913 New
Northern Trust
20
Northern Trust
Illinois
$577K +$80K +896 +15%
RAM
21
Redmond Asset Management
Virginia
$548K +$21.2K +238 +4%
Renaissance Technologies
22
Renaissance Technologies
New York
$466K +$436K +4,886 +711%
D.E. Shaw & Co
23
D.E. Shaw & Co
New York
$426K +$456K +5,103 New
CSS
24
Cubist Systematic Strategies
Connecticut
$365K -$352K -3,942 -47%
Squarepoint
25
Squarepoint
New York
$300K +$321K +3,596 New

GWH Hedge Fund Activity: Q1 2022 in Review

75 of the 6,340 institutional investors tracked by Wall St. Rank reported a position in ESS Tech (GWH) for Q1 2022, worth a combined $331M — down 47% from $622M a quarter earlier.

Buyers outnumbered sellers: 29 funds opened new GWH positions and 12 closed out — a net gain of 17 holders — while 20 added to existing stakes and 16 trimmed.

The largest buyer was Spring Creek Capital, opening a new position worth an estimated $11.7M. The largest seller was Fidelity Investments, cutting an estimated $12.9M.

  • 75 institutional investors held ESS Tech (GWH) as of Q1 2022, up from 58 in Q4 2021.
  • Funds reported $331M of ESS Tech stock for Q1 2022, down 47% quarter-over-quarter.
  • 29 funds opened new ESS Tech positions in Q1 2022 and 12 closed out, a net change of +17 holders.
  • The largest ESS Tech buyer in Q1 2022 was Spring Creek Capital, an estimated $11.7M added.
  • The largest ESS Tech seller in Q1 2022 was Fidelity Investments, an estimated $12.9M sold.

Based on aggregated 13F filings for Q1 2022.