Essential Utilities
WTRG
332 hedge funds and large institutions have $2.1B invested in Essential Utilities in 2014 Q1 according to their latest regulatory filings, with 38 funds opening new positions, 101 increasing their positions, 113 reducing their positions, and 27 closing their positions.
71% more call options, than puts
Call options by funds: $2.81M | Put options by funds: $1.65M
41% more first-time investments, than exits
New positions opened: 38 | Existing positions closed: 27
3% more funds holding
Funds holding: 322 → 332 (+10)
5% more capital invested
Capital invested by funds: $2B → $2.1B (+$95.6M)
0.65% less ownership
Funds ownership: 48.13% → 47.48% (-0.65%)
11% less repeat investments, than reductions
Existing positions increased: 101 | Existing positions reduced: 113
17% less funds holding in top 10
Funds holding in top 10: 6 → 5 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BKBG
BHF Kleinwort Benson Group
Brussels,
Belgium
|
+$13M |
| 2 |
QBFM
QS Batterymarch Financial Management
New York
|
+$11.1M |
| 3 |
IAMU
Impax Asset Management (UK)
London,
United Kingdom
|
+$8.22M |
| 4 |
Baillie Gifford & Co
Edinburgh,
United Kingdom
|
+$7.73M |
| 5 |
RS
Robeco Schweiz
Zurich,
Switzerland
|
+$7.35M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
State Street
Boston,
Massachusetts
|
-$31.7M |
| 2 |
JHIU
Janus Henderson Investors US
Denver,
Colorado
|
-$14.6M |
| 3 |
PAMU
Pictet Asset Management (UK)
London,
United Kingdom
|
-$14.1M |
| 4 |
RFC
Russell Frank Company
Seattle,
Washington
|
-$11.3M |
| 5 |
N
Nuveen
Charlotte,
North Carolina
|
-$10.3M |
WTRG Hedge Fund Activity: Q1 2014 in Review
332 of the 3,463 institutional investors tracked by Wall St. Rank reported a position in Essential Utilities (WTRG) for Q1 2014, worth a combined $2.1B — up 4.8% from $2B a quarter earlier.
Buyers outnumbered sellers: 38 funds opened new WTRG positions and 27 closed out — a net gain of 11 holders — while 101 added to existing stakes and 113 trimmed.
The largest buyer was BHF Kleinwort Benson Group, opening a new position worth an estimated $13M. The largest seller was State Street, cutting an estimated $31.7M.
- 332 institutional investors held Essential Utilities (WTRG) as of Q1 2014, up from 322 in Q4 2013.
- Funds reported $2.1B of Essential Utilities stock for Q1 2014, up 4.8% quarter-over-quarter.
- 38 funds opened new Essential Utilities positions in Q1 2014 and 27 closed out, a net change of +11 holders.
- The largest Essential Utilities buyer in Q1 2014 was BHF Kleinwort Benson Group, an estimated $13M added.
- The largest Essential Utilities seller in Q1 2014 was State Street, an estimated $31.7M sold.
Based on aggregated 13F filings for Q1 2014.