Essential Utilities, Inc.6.00% Tangible Equity Units
WTRU
WTRU was delisted on the 29th of April, 2022.
49 hedge funds and large institutions have $505M invested in Essential Utilities, Inc.6.00% Tangible Equity Units in 2019 Q4 according to their latest regulatory filings, with 7 funds opening new positions, 15 increasing their positions, 17 reducing their positions, and 10 closing their positions.
6% less funds holding
Funds holding: 52 → 49 (-3)
12% less repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 17
30% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 10
38% less capital invested
Capital invested by funds: $815M → $505M (-$310M)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
+$14.3M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$7.21M |
| 3 |
PI
Putnam Investments
Boston,
Massachusetts
|
+$5.88M |
| 4 |
JP Morgan Chase
New York
|
+$4.29M |
| 5 |
CL
CSS LLC
Chicago,
Illinois
|
+$3.69M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Franklin Resources
San Mateo,
California
|
-$82.3M |
| 2 |
BCM
BlueCrest Capital Management
St Helier,
Jersey
|
-$58.2M |
| 3 |
CAM
Camden Asset Management
Los Angeles,
California
|
-$57M |
| 4 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
-$45.9M |
| 5 |
Parallax Volatility Advisers
San Francisco,
California
|
-$32.9M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
SFS
51
Sowell Financial Services
North Little Rock,
Arkansas
| $5K | – | – | – |
|
|
52
Franklin Resources
San Mateo,
California
| – | -$82.3M | -1,358,900 | Closed |
|
|
BCM
53
BlueCrest Capital Management
St Helier,
Jersey
| – | -$58.2M | -959,780 | Closed |
|
|
PAMP
54
Polar Asset Management Partners
Toronto,
Ontario, Canada
| – | -$30.2M | -500,000 | Closed |
|
55
Barclays
London,
United Kingdom
| – | -$22.1M | -365,500 | Closed |
|
56
D.E. Shaw & Co
New York
| – | -$9.07M | -150,000 | Closed |
|
57
Goldman Sachs
New York
| – | -$3.3M | -54,505 | Closed |
|
|
WAM
58
Wolverine Asset Management
Chicago,
Illinois
| – | -$1.27M | -21,001 | Closed |
|
|
CWM
59
Calamos Wealth Management
Naperville,
Illinois
| – | -$735K | -12,132 | Closed |
|
60
Jane Street
New York
| – | -$607K | -10,011 | Closed |
|
61
Rockefeller Capital Management
New York
| – | -$8K | -127 | Closed |
|
WTRU Hedge Fund Activity: Q4 2019 in Review
49 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in Essential Utilities, Inc.6.00% Tangible Equity Units (WTRU) for Q4 2019, worth a combined $505M — down 38% from $815M a quarter earlier.
Sellers outnumbered buyers: 10 funds closed out of WTRU and 7 opened new positions — a net loss of 3 holders — while 17 trimmed existing stakes and 15 added.
The largest buyer was Lord, Abbett & Co, adding an estimated $14.3M. The largest seller was Franklin Resources, exiting entirely with an estimated $82.3M sold.
- 49 institutional investors held Essential Utilities, Inc.6.00% Tangible Equity Units (WTRU) as of Q4 2019, down from 52 in Q3 2019.
- Funds reported $505M of Essential Utilities, Inc.6.00% Tangible Equity Units stock for Q4 2019, down 38% quarter-over-quarter.
- 7 funds opened new Essential Utilities, Inc.6.00% Tangible Equity Units positions in Q4 2019 and 10 closed out, a net change of -3 holders.
- The largest Essential Utilities, Inc.6.00% Tangible Equity Units buyer in Q4 2019 was Lord, Abbett & Co, an estimated $14.3M added.
- The largest Essential Utilities, Inc.6.00% Tangible Equity Units seller in Q4 2019 was Franklin Resources, an estimated $82.3M sold.
Based on aggregated 13F filings for Q4 2019.