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Essential Utilities

322 hedge funds and large institutions have $2B invested in Essential Utilities in 2013 Q4 according to their latest regulatory filings, with 39 funds opening new positions, 98 increasing their positions, 118 reducing their positions, and 36 closing their positions.

New
Increased
Maintained
Reduced
Closed

20% more funds holding in top 10

Funds holding in top 10: 56 (+1)

8% more first-time investments, than exits

New positions opened: 39 | Existing positions closed: 36

4% more call options, than puts

Call options by funds: $2.47M | Put options by funds: $2.38M

0% less funds holding

Funds holding: 323322 (-1)

1.54% less ownership

Funds ownership: 49.67%48.13% (-1.5%)

7% less capital invested

Capital invested by funds: $2.16B → $2B (-$159M)

17% less repeat investments, than reductions

Existing positions increased: 98 | Existing positions reduced: 118

Holders
322
Holders Change
-1
Holders Change %
-0.31%
% of All Funds
9.35%
Holding in Top 10
6
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+20%
% of All Funds
0.17%
New
39
Increased
98
Reduced
118
Closed
36
Calls
$2.47M
Puts
$2.38M
Net Calls
+$93K
Net Calls Change
-$869K
Name Holding Trade Value Shares
Change
Change in
Stake
Vanguard Group
1
Vanguard Group
Pennsylvania
$275M +$9.87M +404,827 +4%
State Street
2
State Street
Massachusetts
$261M -$7.2M -295,367 -3%
BFA
3
BlackRock Fund Advisors
California
$116M +$6.54M +268,490 +6%
BIT
4
BlackRock Institutional Trust
California
$115M +$7.03M +288,215 +6%
PAMU
5
Pictet Asset Management (UK)
United Kingdom
$106M -$4.99M -204,535 -4%
Bank of New York Mellon
6
Bank of New York Mellon
New York
$57.2M -$1.62M -66,271 -3%
Invesco
7
Invesco
Georgia
$44.3M -$987K -40,477 -2%
Northern Trust
8
Northern Trust
Illinois
$43.5M -$1.72M -70,657 -4%
SO
9
STRS Ohio
Ohio
$42M
Norges Bank
10
Norges Bank
Norway
$33.1M -$2.04M -83,646 -6%
RS
11
Robeco Schweiz
Switzerland
$28.4M +$2.11M +86,589 +8%
O
12
OppenheimerFunds
New York
$27.9M +$318K +13,048 +1%
Morgan Stanley
13
Morgan Stanley
New York
$27.2M +$11.8M +484,379 +72%
Caisse de Depot et Placement du Quebec (CDPQ)
14
Caisse de Depot et Placement du Quebec (CDPQ)
Quebec, Canada
$25.7M +$26.6M +1,090,600 New
RA
15
Royce & Associates
New York
$24.2M
Deutsche Bank
16
Deutsche Bank
Germany
$23.1M -$7.01M -287,635 -23%
FAM
17
Fenimore Asset Management
New York
$21.5M +$135K +5,532 +0.6%
Geode Capital Management
18
Geode Capital Management
Massachusetts
$19.9M +$1.73M +70,804 +9%
WAM
19
Water Asset Management
New York
$17.1M +$6.36M +260,803 +56%
JHIU
20
Janus Henderson Investors US
Colorado
$16.8M -$6.17M -253,100 -26%
GF
21
Gabelli Funds
New York
$16.8M -$69K -2,832 -0.4%
Wells Fargo
22
Wells Fargo
California
$16.1M +$920K +37,738 +6%
BIM
23
BlackRock Investment Management
Delaware
$14.8M -$329K -13,490 -2%
Baillie Gifford & Co
24
Baillie Gifford & Co
United Kingdom
$13.9M
California Public Employees Retirement System
25
California Public Employees Retirement System
California
$13.3M +$3.15M +129,184 +30%

WTRG Hedge Fund Activity: Q4 2013 in Review

322 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in Essential Utilities (WTRG) for Q4 2013, worth a combined $2B — down 7.3% from $2.16B a quarter earlier.

Buyers outnumbered sellers: 39 funds opened new WTRG positions and 36 closed out — a net gain of 3 holders — while 98 added to existing stakes and 118 trimmed.

The largest buyer was Caisse de Depot et Placement du Quebec (CDPQ), opening a new position worth an estimated $26.6M. The largest seller was Neuberger Berman Group, cutting an estimated $59.5M.

  • 322 institutional investors held Essential Utilities (WTRG) as of Q4 2013, down from 323 in Q3 2013.
  • Funds reported $2B of Essential Utilities stock for Q4 2013, down 7.3% quarter-over-quarter.
  • 39 funds opened new Essential Utilities positions in Q4 2013 and 36 closed out, a net change of +3 holders.
  • The largest Essential Utilities buyer in Q4 2013 was Caisse de Depot et Placement du Quebec (CDPQ), an estimated $26.6M added.
  • The largest Essential Utilities seller in Q4 2013 was Neuberger Berman Group, an estimated $59.5M sold.

Based on aggregated 13F filings for Q4 2013.