Essential Utilities
WTRG
480 hedge funds and large institutions have $3.34B invested in Essential Utilities in 2018 Q1 according to their latest regulatory filings, with 43 funds opening new positions, 159 increasing their positions, 146 reducing their positions, and 43 closing their positions.
1.1% more ownership
Funds ownership: 54.06% → 55.17% (+1.1%)
9% more repeat investments, than reductions
Existing positions increased: 159 | Existing positions reduced: 146
0% more first-time investments, than exits
New positions opened: 43 | Existing positions closed: 43
1% less funds holding
Funds holding: 486 → 480 (-6)
11% less capital invested
Capital invested by funds: $3.77B → $3.34B (-$428M)
25% less funds holding in top 10
Funds holding in top 10: 4 → 3 (-1)
73% less call options, than puts
Call options by funds: $691K | Put options by funds: $2.58M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PAMU
Pictet Asset Management (UK)
London,
United Kingdom
|
+$24.9M |
| 2 |
Renaissance Technologies
New York
|
+$16.4M |
| 3 |
Allianz Asset Management
Munich,
Germany
|
+$14.4M |
| 4 |
State Street
Boston,
Massachusetts
|
+$13.3M |
| 5 |
BlackRock
New York
|
+$13.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$27.1M |
| 2 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$19.7M |
| 3 |
Goldman Sachs
New York
|
-$12.3M |
| 4 |
Millennium Management
New York
|
-$8.1M |
| 5 |
California Public Employees Retirement System
Sacramento,
California
|
-$5.53M |
WTRG Hedge Fund Activity: Q1 2018 in Review
480 of the 4,363 institutional investors tracked by Wall St. Rank reported a position in Essential Utilities (WTRG) for Q1 2018, worth a combined $3.34B — down 11% from $3.77B a quarter earlier.
Fund positioning in WTRG was balanced in Q1 2018: 43 funds opened new positions, 43 closed out, 159 added to existing stakes and 146 trimmed.
The largest buyer was Pictet Asset Management (UK), adding an estimated $24.9M. The largest seller was Deutsche Bank, cutting an estimated $27.1M.
- 480 institutional investors held Essential Utilities (WTRG) as of Q1 2018, down from 486 in Q4 2017.
- Funds reported $3.34B of Essential Utilities stock for Q1 2018, down 11% quarter-over-quarter.
- 43 funds opened new Essential Utilities positions in Q1 2018 and 43 closed out, a net change of 0 holders.
- The largest Essential Utilities buyer in Q1 2018 was Pictet Asset Management (UK), an estimated $24.9M added.
- The largest Essential Utilities seller in Q1 2018 was Deutsche Bank, an estimated $27.1M sold.
Based on aggregated 13F filings for Q1 2018.