Essential Utilities
WTRG
621 hedge funds and large institutions have $7.77B invested in Essential Utilities in 2023 Q4 according to their latest regulatory filings, with 86 funds opening new positions, 242 increasing their positions, 199 reducing their positions, and 42 closing their positions.
105% more first-time investments, than exits
New positions opened: 86 | Existing positions closed: 42
22% more repeat investments, than reductions
Existing positions increased: 242 | Existing positions reduced: 199
13% more capital invested
Capital invested by funds: $6.85B → $7.77B (+$921M)
7% more funds holding
Funds holding: 581 → 621 (+40)
0.56% more ownership
Funds ownership: 75.6% → 76.16% (+0.56%)
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
85% less call options, than puts
Call options by funds: $2.33M | Put options by funds: $15.8M
Top Buyers
| 1 |
Morgan Stanley
New York
|
+$181M |
| 2 |
T. Rowe Price Investment Management
Baltimore,
Maryland
|
+$124M |
| 3 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$60.5M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
+$47.4M |
| 5 |
Amundi
Paris,
France
|
+$42.1M |
Top Sellers
| 1 |
ZP
Zimmer Partners
New York
|
-$199M |
| 2 |
Franklin Resources
San Mateo,
California
|
-$32.8M |
| 3 |
Cohen & Steers
New York
|
-$29.5M |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$25.7M |
| 5 |
Balyasny Asset Management
Chicago,
Illinois
|
-$19.7M |
WTRG Hedge Fund Activity: Q4 2023 in Review
621 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in Essential Utilities (WTRG) for Q4 2023, worth a combined $7.77B — up 13% from $6.85B a quarter earlier.
Buyers outnumbered sellers: 86 funds opened new WTRG positions and 42 closed out — a net gain of 44 holders — while 242 added to existing stakes and 199 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $181M. The largest seller was Zimmer Partners, cutting an estimated $199M.
- 621 institutional investors held Essential Utilities (WTRG) as of Q4 2023, up from 581 in Q3 2023.
- Funds reported $7.77B of Essential Utilities stock for Q4 2023, up 13% quarter-over-quarter.
- 86 funds opened new Essential Utilities positions in Q4 2023 and 42 closed out, a net change of +44 holders.
- The largest Essential Utilities buyer in Q4 2023 was Morgan Stanley, an estimated $181M added.
- The largest Essential Utilities seller in Q4 2023 was Zimmer Partners, an estimated $199M sold.
Based on aggregated 13F filings for Q4 2023.