Consolidated Water Company

CWCO • NASDAQ

Consolidated Water Company is a regulated water company in the utilities sector on NASDAQ, led by Frederick W. McTaggart, with a market cap of $569.7M. As of Q3 2025, 68% of shares are held by 156 institutional investors, with BlackRock, Inc. as the largest holder at 11.55%.

Chief Executive OfficerFrederick W. McTaggart

Market Cap$569.7M

Regulated Water

Utilities

Employees223.0

Websitecwco.com

Country

United States of America

Overview

Overview of institutional ownership in CWCO as of Q3 2025 with a market cap of $561.9M

All Institutions

Institutions: 156
Value Held: $379.7M
Shares Held: 10.8M
Avg Position: $2.4M
Median Position: $338.2K

Hedge Funds

Hedge Funds: 14
Value Held: $37.4M
Shares Held: 1.1M
Avg Position: $2.7M
Median Position: $764.6K

Ownership Breakdown

Institutional (non-HF)

60.92%

$342.3M

Hedge Funds

6.66%

$37.4M

Retail & Other

32.43%

$182.2M

Based on market cap of $561.9M as of Q3 2025. Institutional (non-HF) excludes hedge funds to avoid double counting.

Biggest Investors

Institutions with the largest positions in CWCO as of Q3 2025

Institution	Key People	Position Value	Ownership	Owned Since	Total AUM (Long)
B BlackRock, Inc. Institution	-	$64.9M 0.00% of portfolio	11.55% 1.8M shares	Q1 2016 Held for 9y 8m	$5.67T
VANGUARD GROUP INC Institution	Salim Ramji CEO	$34.1M 0.00% of portfolio	6.07% 967.0K shares	Q1 2022 Held for 3y 8m	$6.69T
MORGAN STANLEY RIA/Wealth	Jed Finn CEO	$31.9M 0.00% of portfolio	5.67% 903.1K shares	≤ Q2 2013 Held for 12y 5m+	$1.65T
A AltraVue Capital, LLC RIA/Wealth	Touk Sinantha Founder	$25.0M 2.08% of portfolio	4.46% 709.8K shares	Q4 2023 Held for 1y 11m	$1.2B
JPMORGAN CHASE & CO Institution	Jamie Dimon CEO	$20.6M 0.00% of portfolio	3.67% 585.1K shares	Q2 2015 Held for 10y 5m	$1.56T
TSP Capital Management Group, LLC Private Equity	Aaron Michael Perrine Managing Partner	$17.1M 4.58% of portfolio	3.04% 484.7K shares	Q4 2020 Held for 4y 11m	$373.7M
GEODE CAPITAL MANAGEMENT LLC ETF Provider	David Kenneth Lane CEO	$13.0M 0.00% of portfolio	2.31% 367.2K shares	Q1 2022 Held for 3y 8m	$1.57T
RENAISSANCE TECHNOLOGIES LLC Hedge Fund•Quant	Peter Fitzhugh Brown CEO	$12.5M 0.02% of portfolio	2.22% 353.4K shares	≤ Q2 2013 Held for 12y 5m+	$75.8B
STATE STREET CORP Institution	Ronald P. O'Hanley CEO	$11.9M 0.00% of portfolio	2.11% 336.0K shares	Q1 2022 Held for 3y 8m	$2.88T
Invesco Ltd. ETF Provider	Brian Christopher Hartigan CEO	$11.1M 0.00% of portfolio	1.98% 316.0K shares	≤ Q2 2013 Held for 12y 5m+	$633.08B

Net Capital Flow

Institutional buying and selling activity for CWCO in Q3 2025

Traded: −$31.7M
Buyers: 73
Sellers: 55
Total Bought: +$22.0M
Total Sold: −$53.7M
Avg Position: $2.2M

Biggest Buyers

Institution	Net Bought	Current Position
A Arrowpoint Asset Management, LLC Hedge Fund•Multi-Strategy	+$1.7M +49.2K shares	$9.2M 262.0K shares
PRINCIPAL FINANCIAL GROUP INC Institution	+$1.7M +47.9K shares	$1.7M 47.9K shares
RENAISSANCE GROUP LLC Long Only Manager	+$1.1M +32.5K shares	$1.1M 32.5K shares
LOS ANGELES CAPITAL MANAGEMENT & EQUITY RESEARCH INC Long Only Manager	+$1.1M +32.2K shares	$2.0M 56.2K shares
MORGAN STANLEY RIA/Wealth	+$1.1M +31.2K shares	$31.9M 903.1K shares
CWM Advisors, LLC ETF Provider	+$1.1M +30.9K shares	$1.1M 30.9K shares
RENAISSANCE TECHNOLOGIES LLC Hedge Fund•Quant	+$896.1K +25.4K shares	$12.5M 353.4K shares
Trexquant Investment LP Hedge Fund•Quant	+$894.3K +25.4K shares	$1.6M 46.5K shares
LAZARD ASSET MANAGEMENT LLC Long Only Manager	+$889.2K +25.2K shares	$1.4M 39.0K shares
Ellsworth Advisors, LLC RIA/Wealth	+$834.0K +23.0K shares	$834.0K 23.0K shares

Biggest Sellers

Institution	Net Sold	Current Position
Kingstone Capital Partners Texas, LLC RIA/Wealth	−$28.5M −950.5K shares	Sold Off 0 shares
GOLDMAN SACHS GROUP INC Institution	−$5.7M −160.2K shares	$4.5M 128.6K shares
Western Standard, LLC Hedge Fund•Long/Short	−$3.9M −111.9K shares	$7.5M 211.8K shares
MILLENNIUM MANAGEMENT LLC Hedge Fund•Multi-Strategy	−$2.8M −93.0K shares	Sold Off 0 shares
GEODE CAPITAL MANAGEMENT LLC ETF Provider	−$2.3M −66.5K shares	$13.0M 367.2K shares
B BlackRock, Inc. Institution	−$2.3M −64.2K shares	$64.9M 1.8M shares
JPMORGAN CHASE & CO Institution	−$1.8M −52.3K shares	$20.6M 585.1K shares
T TrueMark Investments, LLC Institution	−$1.5M −49.6K shares	Sold Off 0 shares
M Man Group plc Institution	−$647.7K −18.4K shares	$1.0M 29.0K shares
UBS Group AG Institution	−$586.5K −16.6K shares	$724.3K 20.5K shares

Entry and Exit Activity

Institutions that initiated new positions or completely exited CWCO in Q3 2025

New Positions: 13
New Value: $1.7M
Exited Positions: 13
Exited Value: $33.4M

New Positions

Institution	Position Value
S Skopos Labs, Inc. RIA/Wealth	$361.6K 10.2K shares
FourThought Financial Partners, LLC RIA/Wealth	$306.3K 8.7K shares
Verition Fund Management LLC Hedge Fund•Multi-Strategy	$289.6K 8.2K shares
P PharVision Advisers, LLC Hedge Fund•Long/Short	$258.5K 7.3K shares
Quantinno Capital Management LP Hedge Fund•Market Neutral	$248.7K 7.0K shares
CENTAURUS FINANCIAL, INC. RIA/Wealth	$111.1K 3.1K shares
Q Quarry LP Institution	$39.6K 1.1K shares
SRS Capital Advisors, Inc. RIA/Wealth	$19.9K 564.0 shares
S State of Alaska, Department of Revenue Institution	$16.9K 480.0 shares
Johnson Financial Group, Inc. RIA/Wealth	$1.4K 40.0 shares

Exited Positions

Institution	Previous Position
Kingstone Capital Partners Texas, LLC RIA/Wealth	$28.5M 950.5K shares
MILLENNIUM MANAGEMENT LLC Hedge Fund•Multi-Strategy	$2.8M 93.0K shares
T TrueMark Investments, LLC Institution	$1.5M 49.6K shares
BOOTHBAY FUND MANAGEMENT, LLC Fund of Funds	$245.8K 8.2K shares
Atom Investors LP Hedge Fund•Market Neutral	$216.7K 7.2K shares
New Age Alpha Advisors, LLC Hedge Fund•Multi-Strategy	$85.5K 2.8K shares
C CBIZ Investment Advisory Services, LLC RIA/Wealth	$19.8K 659.0 shares
P Putney Financial Group LLC Institution	$15.3K 510.0 shares
Kiker Wealth Management, LLC RIA/Wealth	$2.1K 70.0 shares
HORIZON FINANCIAL SERVICES, LLC RIA/Wealth	$991.0 33.0 shares

Options Activity

Institutions with the largest Call and Put options positions in CWCO as of Q3 2025

Call Positions: 1
Call Value: $582.1K
Put Positions: 0
Put Value: -

Call Positions

Institution	Position Value
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	$582.1K 165.0 contracts

Put Positions

Institution	Position Value
No put positions found

Most Committed Institutions

Institutions with CWCO as the highest % of their portfolio as of Q3 2025

Institution	Key People	Portfolio Weight	Ownership	Owned Since	Total AUM (Long)
TSP Capital Management Group, LLC Private Equity	Aaron Michael Perrine Managing Partner	4.58% $17.1M	3.04% 484.7K shares	Q4 2020 Held for 4y 11m	$373.7M
Western Standard, LLC Hedge Fund•Long/Short	Eric David Andersen Managing Partner	4.00% $7.5M	1.33% 211.8K shares	Q1 2025 Held for 8 months	$187.0M
A AltraVue Capital, LLC RIA/Wealth	Touk Sinantha Founder	2.08% $25.0M	4.46% 709.8K shares	Q4 2023 Held for 1y 11m	$1.2B
Farrow Financial Inc. RIA/Wealth	Jody Lee White CFO	1.89% $3.3M	0.58% 92.2K shares	Q4 2023 Held for 1y 11m	$172.3M
Illumine Investment Management, LLC RIA/Wealth	Amanda K Holloway CCO	0.63% $881.0K	0.16% 25.0K shares	Q4 2024 Held for 11 months	$140.3M
Legato Capital Management LLC Fund of Funds	Victor Louis Hymes CEO	0.58% $5.3M	0.94% 150.3K shares	Q4 2023 Held for 1y 11m	$915.6M
H HEARTLAND ADVISORS INC Long Only Manager	William Richard Nasgovitz CEO	0.57% $10.9M	1.93% 307.8K shares	Q4 2024 Held for 11 months	$1.9B
MRP Capital Investments, LLC RIA/Wealth	Macarther Royster Plumart Managing Partner	0.39% $451.1K	0.09% 15.0K shares	Q4 2022 Held for 2y 11m	$116.3M
Comprehensive Money Management Services LLC RIA/Wealth	Donald Ray Rice Chairman	0.29% $404.6K	0.07% 11.5K shares	Q4 2024 Held for 11 months	$141.3M
N NJ State Employees Deferred Compensation Plan Institution	-	0.26% $2.4M	0.42% 67.0K shares	Q1 2017 Held for 8y 8m	$906.0M

Hedge Fund Spotlight

Discover hedge funds investing in CWCO

ELCO Management Co., LLC

Hedge Fund • Long/Short

Portfolio ManagerPaul Elliot

Portfolio Value: $191.4M
Positions: 163
Last Reported: Q3 2025

Sector Allocation

Position in Consolidated Water Company

Market Value: $335.1K
Shares Held: 9.5K
Portfolio Weight: 0.18%
Owned Since: 2023-Q4

Top Holding	Sector	Market Value	Weight
1 Cheniere Energy LNG	Oil & Gas Midstream Energy	$12.1M	6.31%
2 Williams Companies WMB	Oil & Gas Midstream Energy	$11.5M	6.03%
3 Targa Resources TRGP	Oil & Gas Midstream Energy	$8.8M	4.62%