Essential Utilities
WTRG
323 hedge funds and large institutions have $2.2B invested in Essential Utilities in 2013 Q3 according to their latest regulatory filings, with 38 funds opening new positions, 119 increasing their positions, 132 reducing their positions, and 24 closing their positions.
58% more first-time investments, than exits
New positions opened: 38 | Existing positions closed: 24
42% more call options, than puts
Call options by funds: $3.25M | Put options by funds: $2.29M
4% more funds holding
Funds holding: 311 → 323 (+12)
5% more capital invested
Capital invested by funds: $2.1B → $2.2B (+$96.3M)
0% more funds holding in top 10
Funds holding in top 10: 5 → 5 (0)
10% less repeat investments, than reductions
Existing positions increased: 119 | Existing positions reduced: 132
9.26% less ownership
Funds ownership: 59.59% → 50.33% (-9.3%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
State Street
Boston,
Massachusetts
|
+$39.1M |
| 2 |
O
OppenheimerFunds
New York
|
+$29.8M |
| 3 |
JHIU
Janus Henderson Investors US
Denver,
Colorado
|
+$19.3M |
| 4 |
Baillie Gifford & Co
Edinburgh,
United Kingdom
|
+$15M |
| 5 |
WAM
Water Asset Management
New York
|
+$11.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RIM
Rainier Investment Management
Seattle,
Washington
|
-$37.8M |
| 2 |
Neuberger Berman Group
New York
|
-$19.2M |
| 3 |
LM
Luminus Management
Houston,
Texas
|
-$12.5M |
| 4 |
Massachusetts Financial Services
Boston,
Massachusetts
|
-$11.2M |
| 5 |
PAMU
Pictet Asset Management (UK)
London,
United Kingdom
|
-$9.42M |
WTRG Hedge Fund Activity: Q3 2013 in Review
323 of the 3,096 institutional investors tracked by Wall St. Rank reported a position in Essential Utilities (WTRG) for Q3 2013, worth a combined $2.2B — up 4.6% from $2.1B a quarter earlier.
Buyers outnumbered sellers: 38 funds opened new WTRG positions and 24 closed out — a net gain of 14 holders — while 119 added to existing stakes and 132 trimmed.
The largest buyer was State Street, adding an estimated $39.1M. The largest seller was Rainier Investment Management, exiting entirely with an estimated $37.8M sold.
- 323 institutional investors held Essential Utilities (WTRG) as of Q3 2013, up from 311 in Q2 2013.
- Funds reported $2.2B of Essential Utilities stock for Q3 2013, up 4.6% quarter-over-quarter.
- 38 funds opened new Essential Utilities positions in Q3 2013 and 24 closed out, a net change of +14 holders.
- The largest Essential Utilities buyer in Q3 2013 was State Street, an estimated $39.1M added.
- The largest Essential Utilities seller in Q3 2013 was Rainier Investment Management, an estimated $37.8M sold.
Based on aggregated 13F filings for Q3 2013.