Essential Utilities
WTRG
582 hedge funds and large institutions have $6.85B invested in Essential Utilities in 2023 Q3 according to their latest regulatory filings, with 41 funds opening new positions, 220 increasing their positions, 207 reducing their positions, and 73 closing their positions.
3.28% more ownership
Funds ownership: 72.32% → 75.6% (+3.3%)
6% more repeat investments, than reductions
Existing positions increased: 220 | Existing positions reduced: 207
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
7% less funds holding
Funds holding: 625 → 582 (-43)
10% less capital invested
Capital invested by funds: $7.63B → $6.85B (-$781M)
44% less first-time investments, than exits
New positions opened: 41 | Existing positions closed: 73
88% less call options, than puts
Call options by funds: $1.18M | Put options by funds: $9.99M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ZP
Zimmer Partners
New York
|
+$158M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$50M |
| 3 |
Fidelity International
Hamilton,
Bermuda
|
+$38.7M |
| 4 |
BlackRock
New York
|
+$34.4M |
| 5 |
Cohen & Steers
New York
|
+$29.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
State Street
Boston,
Massachusetts
|
-$38.2M |
| 2 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
-$29.7M |
| 3 |
Allianz Asset Management
Munich,
Germany
|
-$22.5M |
| 4 |
Aviva
London,
United Kingdom
|
-$14.4M |
| 5 |
Zurich Cantonal Bank
Zurich,
Switzerland
|
-$10.3M |
WTRG Hedge Fund Activity: Q3 2023 in Review
582 of the 6,310 institutional investors tracked by Wall St. Rank reported a position in Essential Utilities (WTRG) for Q3 2023, worth a combined $6.85B — down 10% from $7.63B a quarter earlier.
Sellers outnumbered buyers: 73 funds closed out of WTRG and 41 opened new positions — a net loss of 32 holders — while 207 trimmed existing stakes and 220 added.
The largest buyer was Zimmer Partners, adding an estimated $158M. The largest seller was State Street, cutting an estimated $38.2M.
- 582 institutional investors held Essential Utilities (WTRG) as of Q3 2023, down from 625 in Q2 2023.
- Funds reported $6.85B of Essential Utilities stock for Q3 2023, down 10% quarter-over-quarter.
- 41 funds opened new Essential Utilities positions in Q3 2023 and 73 closed out, a net change of -32 holders.
- The largest Essential Utilities buyer in Q3 2023 was Zimmer Partners, an estimated $158M added.
- The largest Essential Utilities seller in Q3 2023 was State Street, an estimated $38.2M sold.
Based on aggregated 13F filings for Q3 2023.