Waters Corp
475 hedge funds and large institutions have $10B invested in Waters Corp in 2016 Q1 according to their latest regulatory filings, with 38 funds opening new positions, 149 increasing their positions, 198 reducing their positions, and 40 closing their positions.
4% less capital invested
Capital invested by funds: $10.5B → $10B (-$444M)
5% less first-time investments, than exits
New positions opened: 38 | Existing positions closed: 40
1% less funds holding
Funds holding: 482 → 475 (-7)
1.65% less ownership
Funds ownership: 95.27% → 93.62% (-1.7%)
9% less funds holding in top 10
Funds holding in top 10: 11 → 10 (-1)
14% less call options, than puts
Call options by funds: $8.16M | Put options by funds: $9.51M
25% less repeat investments, than reductions
Existing positions increased: 149 | Existing positions reduced: 198
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Select Equity Group
New York
|
+$73.4M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$48.1M |
| 3 |
Invesco
Atlanta,
Georgia
|
+$42.7M |
| 4 |
Fundsmith LLP
London,
United Kingdom
|
+$39.2M |
| 5 |
Balyasny Asset Management
Chicago,
Illinois
|
+$33.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PI
PGGM Investments
Zeist,
Netherlands
|
-$114M |
| 2 |
VOYA Investment Management
Atlanta,
Georgia
|
-$74.7M |
| 3 |
SFM
Systematic Financial Management
Teaneck,
New Jersey
|
-$63.8M |
| 4 |
Massachusetts Financial Services
Boston,
Massachusetts
|
-$47.4M |
| 5 |
GIM
Generation Investment Management
London,
United Kingdom
|
-$26.5M |
WAT Hedge Fund Activity: Q1 2016 in Review
475 of the 3,767 institutional investors tracked by Wall St. Rank reported a position in Waters Corp (WAT) for Q1 2016, worth a combined $10B — down 4.2% from $10.5B a quarter earlier.
Sellers outnumbered buyers: 40 funds closed out of WAT and 38 opened new positions — a net loss of 2 holders — while 198 trimmed existing stakes and 149 added.
The largest buyer was Select Equity Group, adding an estimated $73.4M. The largest seller was PGGM Investments, cutting an estimated $114M.
- 475 institutional investors held Waters Corp (WAT) as of Q1 2016, down from 482 in Q4 2015.
- Funds reported $10B of Waters Corp stock for Q1 2016, down 4.2% quarter-over-quarter.
- 38 funds opened new Waters Corp positions in Q1 2016 and 40 closed out, a net change of -2 holders.
- The largest Waters Corp buyer in Q1 2016 was Select Equity Group, an estimated $73.4M added.
- The largest Waters Corp seller in Q1 2016 was PGGM Investments, an estimated $114M sold.
Based on aggregated 13F filings for Q1 2016.