Essential Utilities
WTRG
322 hedge funds and large institutions have $2B invested in Essential Utilities in 2013 Q4 according to their latest regulatory filings, with 39 funds opening new positions, 98 increasing their positions, 118 reducing their positions, and 36 closing their positions.
20% more funds holding in top 10
Funds holding in top 10: 5 → 6 (+1)
8% more first-time investments, than exits
New positions opened: 39 | Existing positions closed: 36
4% more call options, than puts
Call options by funds: $2.47M | Put options by funds: $2.38M
0% less funds holding
Funds holding: 323 → 322 (-1)
1.54% less ownership
Funds ownership: 49.67% → 48.13% (-1.5%)
7% less capital invested
Capital invested by funds: $2.16B → $2B (-$159M)
17% less repeat investments, than reductions
Existing positions increased: 98 | Existing positions reduced: 118
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Caisse de Depot et Placement du Quebec (CDPQ)
Montreal,
Quebec, Canada
|
+$26.6M |
| 2 |
Morgan Stanley
New York
|
+$11.8M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$9.87M |
| 4 |
Canada Pension Plan Investment Board
Toronto Ontario,
Ontario, Canada
|
+$8.7M |
| 5 |
BIT
BlackRock Institutional Trust
San Francisco,
California
|
+$7.03M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Neuberger Berman Group
New York
|
-$59.5M |
| 2 |
Jennison Associates
New York
|
-$17.2M |
| 3 |
TCIM
TIAA CREF Investment Management
New York
|
-$8.06M |
| 4 |
State Street
Boston,
Massachusetts
|
-$7.2M |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$7.01M |
WTRG Hedge Fund Activity: Q4 2013 in Review
322 of the 3,446 institutional investors tracked by Wall St. Rank reported a position in Essential Utilities (WTRG) for Q4 2013, worth a combined $2B — down 7.3% from $2.16B a quarter earlier.
Buyers outnumbered sellers: 39 funds opened new WTRG positions and 36 closed out — a net gain of 3 holders — while 98 added to existing stakes and 118 trimmed.
The largest buyer was Caisse de Depot et Placement du Quebec (CDPQ), opening a new position worth an estimated $26.6M. The largest seller was Neuberger Berman Group, cutting an estimated $59.5M.
- 322 institutional investors held Essential Utilities (WTRG) as of Q4 2013, down from 323 in Q3 2013.
- Funds reported $2B of Essential Utilities stock for Q4 2013, down 7.3% quarter-over-quarter.
- 39 funds opened new Essential Utilities positions in Q4 2013 and 36 closed out, a net change of +3 holders.
- The largest Essential Utilities buyer in Q4 2013 was Caisse de Depot et Placement du Quebec (CDPQ), an estimated $26.6M added.
- The largest Essential Utilities seller in Q4 2013 was Neuberger Berman Group, an estimated $59.5M sold.
Based on aggregated 13F filings for Q4 2013.