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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
1
Vanguard Group
Vanguard Group
Pennsylvania
$10.2B +$222M 11 0.24% Increased
2
BlackRock
BlackRock
New York
$8.2B -$84.9M 11 0.22% Reduced
3
T. Rowe Price Associates
T. Rowe Price Associates
Maryland
$5.9B +$79.1M 10 0.6% Increased
4
State Street
State Street
Massachusetts
$4.5B -$67.5M 12 0.22% Reduced
5
Geode Capital Management
Geode Capital Management
Massachusetts
$1.88B +$133M 11 0.23% Increased
6
Franklin Resources
Franklin Resources
California
$1.77B +$49.6M 8 0.71% Increased
7
Fidelity Investments
Fidelity Investments
Massachusetts
$1.74B -$183M 11 0.14% Reduced
8
AllianceBernstein
AllianceBernstein
Tennessee
$1.67B +$50.3M 10 0.64% Increased
9
Morgan Stanley
Morgan Stanley
New York
$1.57B -$83M 11 0.21% Reduced
10
Invesco
Invesco
Georgia
$1.45B +$133M 11 0.37% Increased
11
Principal Financial Group
Principal Financial Group
Iowa
$1.22B +$70.3M 10 0.77% Increased
12
Northern Trust
Northern Trust
Illinois
$1.1B +$12.3M 11 0.19% Increased
13
Dimensional Fund Advisors
Dimensional Fund Advisors
Texas
$1.09B -$23M 11 0.34% Reduced
14
Select Equity Group
Select Equity Group
New York
$1.06B +$85M 3 3.44% Increased
15
Pictet Asset Management (Switzerland)
Pictet Asset Management (Switzerland)
Switzerland
$1.05B -$77.4M 7 1.19% Reduced
16
Capital World Investors
Capital World Investors
California
$1.01B +$33.5M 1 0.17% Increased
17
Aristotle Capital Management
Aristotle Capital Management
California
$925M +$18.3M 2 1.68% Increased
18
Primecap Management
Primecap Management
California
$908M -$17.8M 1 0.68% Reduced
19
Victory Capital Management
Victory Capital Management
Texas
$866M +$59.7M 11 0.87% Increased
20
Bank of New York Mellon
Bank of New York Mellon
New York
$863M -$49.8M 11 0.17% Reduced
21
Nuveen
Nuveen
North Carolina
$848M -$51M 11 0.27% Reduced
22
LSGA
Lone Star Global Acquisitions
Bermuda
$838M $0 1 100% Maintained
23
Impax Asset Management Group
Impax Asset Management Group
United Kingdom
$824M -$256M 5 3.4% Reduced
24
Bank of America
Bank of America
North Carolina
$823M -$53.5M 12 0.08% Reduced
25
AKRE Capital Management
AKRE Capital Management
Virginia
$784M -$1.05M 1 5.35% Reduced