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ESS Tech

102 hedge funds and large institutions have $88.7M invested in ESS Tech in 2023 Q1 according to their latest regulatory filings, with 22 funds opening new positions, 25 increasing their positions, 24 reducing their positions, and 25 closing their positions.

New
Increased
Maintained
Reduced
Closed

4% more repeat investments, than reductions

Existing positions increased: 25 | Existing positions reduced: 24

0.03% less ownership

Funds ownership: 2.8%2.76% (-0.03%)

5% less funds holding

Funds holding: 107102 (-5)

12% less first-time investments, than exits

New positions opened: 22 | Existing positions closed: 25

43% less capital invested

Capital invested by funds: $156M → $88.7M (-$67.5M)

72% less call options, than puts

Call options by funds: $243K | Put options by funds: $866K

100% less funds holding in top 10

Funds holding in top 10: 10 (-1)

Holders
102
Holders Change
-5
Holders Change %
-4.67%
% of All Funds
1.63%
Holding in Top 10
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-100%
% of All Funds
New
22
Increased
25
Reduced
24
Closed
25
Calls
$243K
Puts
$866K
Net Calls
-$623K
Net Calls Change
+$1M
Name Holding Trade Value Shares
Change
Change in
Stake
SoftBank Group
1
SoftBank Group
Japan
$50M
BlackRock
2
BlackRock
New York
$6.6M -$126K -4,528 -1%
Invesco
3
Invesco
Georgia
$4.75M -$1.71M -61,365 -21%
Vanguard Group
4
Vanguard Group
Pennsylvania
$4.5M +$283K +10,156 +5%
Legal & General Group
5
Legal & General Group
United Kingdom
$4.41M -$61.1K -2,194 -1%
State Street
6
State Street
Massachusetts
$2.45M +$780 +28 +0%
Mirae Asset Global Investments
7
Mirae Asset Global Investments
South Korea
$1.86M +$2.48M +89,057 New
Geode Capital Management
8
Geode Capital Management
Massachusetts
$1.74M +$69.1K +2,480 +3%
Millennium Management
9
Millennium Management
New York
$1.3M +$1.74M +62,529 New
First Trust Advisors
10
First Trust Advisors
Illinois
$1.28M -$72K -2,587 -4%
Fidelity Investments
11
Fidelity Investments
Massachusetts
$1.1M +$6.66K +239 +0.5%
Northern Trust
12
Northern Trust
Illinois
$926K +$5.24K +188 +0.4%
William Blair & Company
13
William Blair & Company
Illinois
$863K
JP Morgan Chase
14
JP Morgan Chase
New York
$832K +$510K +18,320 +85%
Charles Schwab
15
Charles Schwab
California
$667K -$7.88K -283 -0.9%
LNWTC
16
Laird Norton Wetherby Trust Company
Washington
$491K
N
17
Nuveen
North Carolina
$342K -$5.1K -183 -1%
WAM
18
Weiss Asset Management
Massachusetts
$330K +$441K +15,836 New
Bank of New York Mellon
19
Bank of New York Mellon
New York
$299K -$16.8K -602 -4%
Morgan Stanley
20
Morgan Stanley
New York
$233K -$40.1K -1,440 -11%
Renaissance Technologies
21
Renaissance Technologies
New York
$210K +$281K +10,080 New
Goldman Sachs
22
Goldman Sachs
New York
$200K +$11.3K +407 +4%
HighTower Advisors
23
HighTower Advisors
Illinois
$192K +$223 +8 +0.1%
Two Sigma Investments
24
Two Sigma Investments
New York
$177K +$7.77K +279 +3%
Swiss National Bank
25
Swiss National Bank
Switzerland
$173K -$2.06K -74 -0.9%

GWH Hedge Fund Activity: Q1 2023 in Review

102 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in ESS Tech (GWH) for Q1 2023, worth a combined $88.7M — down 43% from $156M a quarter earlier.

Sellers outnumbered buyers: 25 funds closed out of GWH and 22 opened new positions — a net loss of 3 holders — while 24 trimmed existing stakes and 25 added.

The largest buyer was Mirae Asset Global Investments, opening a new position worth an estimated $2.48M. The largest seller was KIM LLC, exiting entirely with an estimated $4.11M sold.

  • 102 institutional investors held ESS Tech (GWH) as of Q1 2023, down from 107 in Q4 2022.
  • Funds reported $88.7M of ESS Tech stock for Q1 2023, down 43% quarter-over-quarter.
  • 22 funds opened new ESS Tech positions in Q1 2023 and 25 closed out, a net change of -3 holders.
  • The largest ESS Tech buyer in Q1 2023 was Mirae Asset Global Investments, an estimated $2.48M added.
  • The largest ESS Tech seller in Q1 2023 was KIM LLC, an estimated $4.11M sold.

Based on aggregated 13F filings for Q1 2023.