Essential Utilities, Inc.6.00% Tangible Equity Units
WTRU
WTRU was delisted on the 29th of April, 2022.
44 hedge funds and large institutions have $397M invested in Essential Utilities, Inc.6.00% Tangible Equity Units in 2020 Q1 according to their latest regulatory filings, with 9 funds opening new positions, 10 increasing their positions, 17 reducing their positions, and 12 closing their positions.
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
10% less funds holding
Funds holding: 49 → 44 (-5)
21% less capital invested
Capital invested by funds: $505M → $397M (-$108M)
25% less first-time investments, than exits
New positions opened: 9 | Existing positions closed: 12
41% less repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 17
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Franklin Resources
San Mateo,
California
|
+$96.8M |
| 2 |
CAM
Camden Asset Management
Los Angeles,
California
|
+$42.9M |
| 3 |
Parallax Volatility Advisers
San Francisco,
California
|
+$7.87M |
| 4 |
NI
Nuance Investments
Kansas City,
Missouri
|
+$6.86M |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
+$3.74M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$62.8M |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$51.6M |
| 3 |
Calamos Advisors
Naperville,
Illinois
|
-$21M |
| 4 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$18M |
| 5 |
State Street
Boston,
Massachusetts
|
-$8.55M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
Citigroup
New York
| – | -$1.12M | -18,023 | Closed |
|
|
ES
52
Equitec Specialists
Chicago,
Illinois
| – | -$867K | -13,912 | Closed |
|
|
OCM
53
Oaktree Capital Management
Los Angeles,
California
| – | -$810K | -13,000 | Closed |
|
|
EM
54
ELCO Management
New York
| – | -$391K | -6,275 | Closed |
|
|
BAM
55
Blueshift Asset Management
Red Bank,
New Jersey
| – | -$226K | -3,630 | Closed |
|
|
FPS
56
Fieldpoint Private Securities
Greenwich,
Connecticut
| – | -$41K | -659 | Closed |
|
|
PCM
57
Prelude Capital Management
New York
| – | -$32K | -512 | Closed |
|
WTRU Hedge Fund Activity: Q1 2020 in Review
44 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in Essential Utilities, Inc.6.00% Tangible Equity Units (WTRU) for Q1 2020, worth a combined $397M — down 21% from $505M a quarter earlier.
Sellers outnumbered buyers: 12 funds closed out of WTRU and 9 opened new positions — a net loss of 3 holders — while 17 trimmed existing stakes and 10 added.
The largest buyer was Franklin Resources, opening a new position worth an estimated $96.8M. The largest seller was Wells Fargo, cutting an estimated $62.8M.
- 44 institutional investors held Essential Utilities, Inc.6.00% Tangible Equity Units (WTRU) as of Q1 2020, down from 49 in Q4 2019.
- Funds reported $397M of Essential Utilities, Inc.6.00% Tangible Equity Units stock for Q1 2020, down 21% quarter-over-quarter.
- 9 funds opened new Essential Utilities, Inc.6.00% Tangible Equity Units positions in Q1 2020 and 12 closed out, a net change of -3 holders.
- The largest Essential Utilities, Inc.6.00% Tangible Equity Units buyer in Q1 2020 was Franklin Resources, an estimated $96.8M added.
- The largest Essential Utilities, Inc.6.00% Tangible Equity Units seller in Q1 2020 was Wells Fargo, an estimated $62.8M sold.
Based on aggregated 13F filings for Q1 2020.