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Middlesex Water

123 hedge funds and large institutions have $295M invested in Middlesex Water in 2017 Q1 according to their latest regulatory filings, with 8 funds opening new positions, 34 increasing their positions, 38 reducing their positions, and 10 closing their positions.

New
Increased
Maintained
Reduced
Closed

1.18% more ownership

Funds ownership: 46.62%47.8% (+1.2%)

6% less funds holding

Funds holding: 131123 (-8)

11% less repeat investments, than reductions

Existing positions increased: 34 | Existing positions reduced: 38

12% less capital invested

Capital invested by funds: $334M → $295M (-$39.2M)

20% less first-time investments, than exits

New positions opened: 8 | Existing positions closed: 10

40% less call options, than puts

Call options by funds: $3K | Put options by funds: $5K

100% less funds holding in top 10

Funds holding in top 10: 10 (-1)

Holders
123
Holders Change
-8
Holders Change %
-6.11%
% of All Funds
3.06%
Holding in Top 10
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-100%
% of All Funds
New
8
Increased
34
Reduced
38
Closed
10
Calls
$3K
Puts
$5K
Net Calls
-$2K
Net Calls Change
-$518K
Name Holding Trade Value Shares
Change
Change in
Stake
BlackRock
1
BlackRock
New York
$43.2M +$43.4M +1,160,884 +13,411%
Vanguard Group
2
Vanguard Group
Pennsylvania
$34.1M +$5.64M +150,958 +20%
Dimensional Fund Advisors
3
Dimensional Fund Advisors
Texas
$20.2M +$690K +18,476 +3%
Renaissance Technologies
4
Renaissance Technologies
New York
$18.3M +$1.52M +40,800 +9%
State Street
5
State Street
Massachusetts
$12.2M +$108K +2,882 +0.9%
First Manhattan
6
First Manhattan
New York
$11.9M -$93.4K -2,500 -0.8%
Northern Trust
7
Northern Trust
Illinois
$8.33M +$382K +10,225 +5%
Morgan Stanley
8
Morgan Stanley
New York
$7.36M -$794K -21,265 -10%
TCMG
9
TSP Capital Management Group
New Jersey
$7.18M
IAMU
10
Impax Asset Management (UK)
United Kingdom
$7.15M
Bank of New York Mellon
11
Bank of New York Mellon
New York
$6.86M +$2.31M +61,885 +50%
PPA
12
Parametric Portfolio Associates
Washington
$6.37M +$4.53M +121,279 +238%
ProShare Advisors
13
ProShare Advisors
Maryland
$5.96M +$899K +24,062 +18%
Geode Capital Management
14
Geode Capital Management
Massachusetts
$5.63M +$164K +4,400 +3%
T. Rowe Price Associates
15
T. Rowe Price Associates
Maryland
$5.39M
CAM
16
Cortina Asset Management
Wisconsin
$4.79M -$84.1K -2,251 -2%
WAM
17
Water Asset Management
New York
$4.76M +$1.42M +38,000 +42%
California Public Employees Retirement System
18
California Public Employees Retirement System
California
$4.43M -$721K -19,300 -14%
GF
19
Gabelli Funds
New York
$4.29M
KBC Group
20
KBC Group
Belgium
$3.65M
WA
21
WFG Advisors
Texas
$3.52M -$345K -9,240 -9%
AQR Capital Management
22
AQR Capital Management
Connecticut
$3.29M +$220K +5,883 +7%
Invesco
23
Invesco
Georgia
$3.13M -$168K -4,501 -5%
MAM
24
Martingale Asset Management
Massachusetts
$2.8M +$67.2K +1,800 +2%
Charles Schwab
25
Charles Schwab
California
$2.72M +$134K +3,579 +5%

MSEX Hedge Fund Activity: Q1 2017 in Review

123 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in Middlesex Water (MSEX) for Q1 2017, worth a combined $295M — down 12% from $334M a quarter earlier.

Sellers outnumbered buyers: 10 funds closed out of MSEX and 8 opened new positions — a net loss of 2 holders — while 38 trimmed existing stakes and 34 added.

The largest buyer was BlackRock, adding an estimated $43.4M. The largest seller was Susquehanna International Group, exiting entirely with an estimated $1.92M sold.

  • 123 institutional investors held Middlesex Water (MSEX) as of Q1 2017, down from 131 in Q4 2016.
  • Funds reported $295M of Middlesex Water stock for Q1 2017, down 12% quarter-over-quarter.
  • 8 funds opened new Middlesex Water positions in Q1 2017 and 10 closed out, a net change of -2 holders.
  • The largest Middlesex Water buyer in Q1 2017 was BlackRock, an estimated $43.4M added.
  • The largest Middlesex Water seller in Q1 2017 was Susquehanna International Group, an estimated $1.92M sold.

Based on aggregated 13F filings for Q1 2017.