Essential Utilities
WTRG
572 hedge funds and large institutions have $7.05B invested in Essential Utilities in 2020 Q2 according to their latest regulatory filings, with 62 funds opening new positions, 195 increasing their positions, 169 reducing their positions, and 64 closing their positions.
15% more repeat investments, than reductions
Existing positions increased: 195 | Existing positions reduced: 169
5% more capital invested
Capital invested by funds: $6.72B → $7.05B (+$327M)
3% less first-time investments, than exits
New positions opened: 62 | Existing positions closed: 64
9% less call options, than puts
Call options by funds: $5.99M | Put options by funds: $6.58M
1% less funds holding
Funds holding: 578 → 572 (-6)
6.17% less ownership
Funds ownership: 74.27% → 68.1% (-6.2%)
25% less funds holding in top 10
Funds holding in top 10: 8 → 6 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
+$67M |
| 2 |
Principal Financial Group
Des Moines,
Iowa
|
+$44.5M |
| 3 |
BlackRock
New York
|
+$37.2M |
| 4 |
NI
Nuance Investments
Kansas City,
Missouri
|
+$25.5M |
| 5 |
Impax Asset Management Group
London,
United Kingdom
|
+$20.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Stifel Financial
St. Louis,
Missouri
|
-$120M |
| 2 |
State Street
Boston,
Massachusetts
|
-$39M |
| 3 |
Invesco
Atlanta,
Georgia
|
-$35.4M |
| 4 |
FAM
Fenimore Asset Management
Cobleskill,
New York
|
-$24.5M |
| 5 |
CC
Carlson Capital
Dallas,
Texas
|
-$17.5M |
WTRG Hedge Fund Activity: Q2 2020 in Review
572 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in Essential Utilities (WTRG) for Q2 2020, worth a combined $7.05B — up 4.9% from $6.72B a quarter earlier.
Sellers outnumbered buyers: 64 funds closed out of WTRG and 62 opened new positions — a net loss of 2 holders — while 169 trimmed existing stakes and 195 added.
The largest buyer was Vanguard Group, adding an estimated $67M. The largest seller was Stifel Financial, cutting an estimated $120M.
- 572 institutional investors held Essential Utilities (WTRG) as of Q2 2020, down from 578 in Q1 2020.
- Funds reported $7.05B of Essential Utilities stock for Q2 2020, up 4.9% quarter-over-quarter.
- 62 funds opened new Essential Utilities positions in Q2 2020 and 64 closed out, a net change of -2 holders.
- The largest Essential Utilities buyer in Q2 2020 was Vanguard Group, an estimated $67M added.
- The largest Essential Utilities seller in Q2 2020 was Stifel Financial, an estimated $120M sold.
Based on aggregated 13F filings for Q2 2020.