Essential Utilities
WTRG
576 hedge funds and large institutions have $6.6B invested in Essential Utilities in 2019 Q3 according to their latest regulatory filings, with 65 funds opening new positions, 186 increasing their positions, 180 reducing their positions, and 31 closing their positions.
110% more first-time investments, than exits
New positions opened: 65 | Existing positions closed: 31
6% more capital invested
Capital invested by funds: $6.22B → $6.6B (+$385M)
6% more funds holding
Funds holding: 544 → 576 (+32)
1.23% more ownership
Funds ownership: 67.02% → 68.25% (+1.2%)
3% more repeat investments, than reductions
Existing positions increased: 186 | Existing positions reduced: 180
17% less call options, than puts
Call options by funds: $4.84M | Put options by funds: $5.83M
29% less funds holding in top 10
Funds holding in top 10: 7 → 5 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DZ Bank
Frankfurt Am Main,
Germany
|
+$36.5M |
| 2 |
GF
Gabelli Funds
Rye,
New York
|
+$22.3M |
| 3 |
Fidelity International
Hamilton,
Bermuda
|
+$13.6M |
| 4 |
JP Morgan Chase
New York
|
+$13.1M |
| 5 |
Morgan Stanley
New York
|
+$11.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BC
Brookfield Corp
Toronto,
Ontario, Canada
|
-$107M |
| 2 |
State Street
Boston,
Massachusetts
|
-$41.2M |
| 3 |
LM
Luminus Management
Houston,
Texas
|
-$21M |
| 4 |
Nordea Investment Management
Stockholm,
Sweden
|
-$16.8M |
| 5 |
NI
Nuance Investments
Kansas City,
Missouri
|
-$9.98M |
WTRG Hedge Fund Activity: Q3 2019 in Review
576 of the 4,574 institutional investors tracked by Wall St. Rank reported a position in Essential Utilities (WTRG) for Q3 2019, worth a combined $6.6B — up 6.2% from $6.22B a quarter earlier.
Buyers outnumbered sellers: 65 funds opened new WTRG positions and 31 closed out — a net gain of 34 holders — while 186 added to existing stakes and 180 trimmed.
The largest buyer was DZ Bank, opening a new position worth an estimated $36.5M. The largest seller was Brookfield Corp, exiting entirely with an estimated $107M sold.
- 576 institutional investors held Essential Utilities (WTRG) as of Q3 2019, up from 544 in Q2 2019.
- Funds reported $6.6B of Essential Utilities stock for Q3 2019, up 6.2% quarter-over-quarter.
- 65 funds opened new Essential Utilities positions in Q3 2019 and 31 closed out, a net change of +34 holders.
- The largest Essential Utilities buyer in Q3 2019 was DZ Bank, an estimated $36.5M added.
- The largest Essential Utilities seller in Q3 2019 was Brookfield Corp, an estimated $107M sold.
Based on aggregated 13F filings for Q3 2019.