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Water Infrastructure

Pipes, pumps, valves, and meters move and measure water, and much of the installed network is old enough to lose a large share of what passes through it. Replacement is slow, locally funded, and unavoidable.

17 stocks

# Name Holding Trade Value Theme
Stocks
% of
Portfolio
Status
26
Durable Capital Partners
Durable Capital Partners
Maryland
$816M $0 1 7.45% Maintained
27
Royal Bank of Canada
Royal Bank of Canada
Ontario, Canada
$797M +$1.52M 12 0.22% Increased
28
Bank of America
Bank of America
North Carolina
$771M -$7.56M 12 0.08% Reduced
29
AKRE Capital Management
AKRE Capital Management
Virginia
$763M -$39.6M 1 6.62% Reduced
30
Victory Capital Management
Victory Capital Management
Texas
$749M -$28.8M 10 0.86% Reduced
31
Charles Schwab
Charles Schwab
California
$744M -$25.1M 12 0.21% Reduced
32
Allspring Global Investments
Allspring Global Investments
North Carolina
$723M -$36.1M 9 1.28% Reduced
33
Legal & General Group
Legal & General Group
United Kingdom
$696M -$40.4M 12 0.24% Reduced
34
Baillie Gifford & Co
Baillie Gifford & Co
United Kingdom
$673M -$15M 2 0.61% Reduced
35
Allianz Asset Management
Allianz Asset Management
Germany
$584M +$38.7M 8 0.99% Increased
36
Select Equity Group
Select Equity Group
New York
$553M -$47.1M 2 2.27% Reduced
37
Ameriprise
Ameriprise
Minnesota
$552M -$4.38M 11 0.18% Reduced
38
Goldman Sachs
Goldman Sachs
New York
$541M +$3.46M 11 0.11% Increased
39
JP Morgan Chase
JP Morgan Chase
New York
$516M +$6.65M 12 0.06% Increased
40
Luther King Capital Management (LKCM)
Luther King Capital Management (LKCM)
Texas
$513M -$4.7M 5 2.67% Reduced
41
Mirova US
Mirova US
Massachusetts
$512M +$20.6M 2 8.68% Increased
42
Manulife (Manufacturers Life Insurance)
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$511M -$36.7M 10 0.3% Reduced
43
CIBC Private Wealth Group
CIBC Private Wealth Group
Georgia
$504M -$15.5M 4 1.19% Reduced
44
First Trust Advisors
First Trust Advisors
Illinois
$461M +$2.57M 10 0.55% Increased
45
Millennium Management
Millennium Management
New York
$426M +$139M 11 0.22% Increased
46
Barclays
Barclays
United Kingdom
$424M +$28.3M 12 0.26% Increased
47
California Public Employees Retirement System
California Public Employees Retirement System
California
$420M +$12M 7 0.36% Increased
48
Corient Private Wealth
Corient Private Wealth
Florida
$401M +$5.63M 8 0.92% Increased
49
Orbis Allan Gray
Orbis Allan Gray
Bermuda
$400M +$38.1M 1 2.88% Increased
50
Mitsubishi UFJ Asset Management
Mitsubishi UFJ Asset Management
Japan
$394M +$12.7M 7 0.8% Increased