Essential Utilities
WTRG
600 hedge funds and large institutions have $8.01B invested in Essential Utilities in 2024 Q2 according to their latest regulatory filings, with 63 funds opening new positions, 216 increasing their positions, 216 reducing their positions, and 46 closing their positions.
37% more first-time investments, than exits
New positions opened: 63 | Existing positions closed: 46
1% more funds holding
Funds holding: 593 → 600 (+7)
1% more capital invested
Capital invested by funds: $7.9B → $8.01B (+$103M)
0.4% more ownership
Funds ownership: 78.06% → 78.45% (+0.4%)
0% more repeat investments, than reductions
Existing positions increased: 216 | Existing positions reduced: 216
25% less call options, than puts
Call options by funds: $2.77M | Put options by funds: $3.71M
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Nordea Investment Management
Stockholm,
Sweden
|
+$59.8M |
| 2 |
First Trust Advisors
Wheaton,
Illinois
|
+$53.1M |
| 3 |
Allianz Asset Management
Munich,
Germany
|
+$29.2M |
| 4 |
BTW
Boston Trust Walden
Boston,
Massachusetts
|
+$26.1M |
| 5 |
T. Rowe Price Investment Management
Baltimore,
Maryland
|
+$18.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$40.2M |
| 2 |
Millennium Management
New York
|
-$34.1M |
| 3 |
Amundi
Paris,
France
|
-$22.3M |
| 4 |
State Street
Boston,
Massachusetts
|
-$19.9M |
| 5 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$19.8M |
WTRG Hedge Fund Activity: Q2 2024 in Review
600 of the 6,924 institutional investors tracked by Wall St. Rank reported a position in Essential Utilities (WTRG) for Q2 2024, worth a combined $8.01B — up 1.3% from $7.9B a quarter earlier.
Buyers outnumbered sellers: 63 funds opened new WTRG positions and 46 closed out — a net gain of 17 holders — while 216 added to existing stakes and 216 trimmed.
The largest buyer was Nordea Investment Management, adding an estimated $59.8M. The largest seller was Fidelity Investments, cutting an estimated $40.2M.
- 600 institutional investors held Essential Utilities (WTRG) as of Q2 2024, up from 593 in Q1 2024.
- Funds reported $8.01B of Essential Utilities stock for Q2 2024, up 1.3% quarter-over-quarter.
- 63 funds opened new Essential Utilities positions in Q2 2024 and 46 closed out, a net change of +17 holders.
- The largest Essential Utilities buyer in Q2 2024 was Nordea Investment Management, an estimated $59.8M added.
- The largest Essential Utilities seller in Q2 2024 was Fidelity Investments, an estimated $40.2M sold.
Based on aggregated 13F filings for Q2 2024.