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Essential Utilities

648 hedge funds and large institutions have $8.32B invested in Essential Utilities in 2023 Q1 according to their latest regulatory filings, with 65 funds opening new positions, 213 increasing their positions, 223 reducing their positions, and 59 closing their positions.

New
Increased
Maintained
Reduced
Closed

179% more call options, than puts

Call options by funds: $12.4M | Put options by funds: $4.46M

10% more first-time investments, than exits

New positions opened: 65 | Existing positions closed: 59

0% more funds holding in top 10

Funds holding in top 10: 55 (0)

4% less repeat investments, than reductions

Existing positions increased: 213 | Existing positions reduced: 223

1% less funds holding

Funds holding: 656648 (-8)

1.43% less ownership

Funds ownership: 73.66%72.23% (-1.4%)

9% less capital invested

Capital invested by funds: $9.15B → $8.32B (-$826M)

Holders
648
Holders Change
-8
Holders Change %
-1.22%
% of All Funds
10.33%
Holding in Top 10
5
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.08%
New
65
Increased
213
Reduced
223
Closed
59
Calls
$12.4M
Puts
$4.46M
Net Calls
+$7.99M
Net Calls Change
+$15.8M
Name Holding Trade Value Shares
Change
Change in
Stake
BlackRock
1
BlackRock
New York
$1.32B +$26M +576,448 +2%
Vanguard Group
2
Vanguard Group
Pennsylvania
$1.18B +$5.93M +131,476 +0.5%
Canada Pension Plan Investment Board
3
Canada Pension Plan Investment Board
Ontario, Canada
$946M
State Street
4
State Street
Massachusetts
$607M -$40.4M -894,568 -6%
Amundi
5
Amundi
France
$312M +$48.8M +1,082,293 +18%
PAMS
6
Pictet Asset Management (Switzerland)
Switzerland
$237M -$11.4M -252,635 -4%
Invesco
7
Invesco
Georgia
$169M -$1.76M -38,904 -1%
Northern Trust
8
Northern Trust
Illinois
$152M +$5.73M +126,908 +4%
Geode Capital Management
9
Geode Capital Management
Massachusetts
$148M +$5.36M +118,861 +4%
Norges Bank
10
Norges Bank
Norway
$127M -$63.5M -1,408,566 -33%
Bank of New York Mellon
11
Bank of New York Mellon
New York
$119M -$4.28M -94,947 -3%
Legal & General Group
12
Legal & General Group
United Kingdom
$117M +$5.41M +119,953 +5%
Cohen & Steers
13
Cohen & Steers
New York
$110M +$38.7M +857,428 +51%
DPIM
14
Duff & Phelps Investment Management
Illinois
$110M +$2.03M +45,000 +2%
Franklin Resources
15
Franklin Resources
California
$100M -$79.5K -1,762 -0.1%
ZP
16
Zimmer Partners
New York
$94.3M +$4.73M +104,878 +5%
Morgan Stanley
17
Morgan Stanley
New York
$90.6M +$2.9M +64,272 +3%
TIA
18
Tandem Investment Advisors
South Carolina
$76.8M +$9.41M +208,505 +13%
Charles Schwab
19
Charles Schwab
California
$72.8M +$934K +20,710 +1%
BC
20
Brookfield Corp
Ontario, Canada
$61.4M +$10.1M +223,260 +19%
UBS AM
21
UBS AM
Illinois
$60.9M +$345K +7,649 +0.6%
First Trust Advisors
22
First Trust Advisors
Illinois
$60.4M +$11M +243,635 +21%
Goldman Sachs
23
Goldman Sachs
New York
$51.2M -$14.7M -325,640 -22%
Empower Advisory Group
24
Empower Advisory Group
Colorado
$50.3M +$52.7M +1,167,786 New
Dimensional Fund Advisors
25
Dimensional Fund Advisors
Texas
$49.7M +$2.54M +56,361 +5%

WTRG Hedge Fund Activity: Q1 2023 in Review

648 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Essential Utilities (WTRG) for Q1 2023, worth a combined $8.32B — down 9% from $9.15B a quarter earlier.

Buyers outnumbered sellers: 65 funds opened new WTRG positions and 59 closed out — a net gain of 6 holders — while 213 added to existing stakes and 223 trimmed.

The largest buyer was Amundi, adding an estimated $48.8M. The largest seller was Impax Asset Management Group, cutting an estimated $195M.

  • 648 institutional investors held Essential Utilities (WTRG) as of Q1 2023, down from 656 in Q4 2022.
  • Funds reported $8.32B of Essential Utilities stock for Q1 2023, down 9% quarter-over-quarter.
  • 65 funds opened new Essential Utilities positions in Q1 2023 and 59 closed out, a net change of +6 holders.
  • The largest Essential Utilities buyer in Q1 2023 was Amundi, an estimated $48.8M added.
  • The largest Essential Utilities seller in Q1 2023 was Impax Asset Management Group, an estimated $195M sold.

Based on aggregated 13F filings for Q1 2023.