Essential Utilities

WTRG • NYSE

Essential Utilities is a regulated water company in the utilities sector on NYSE, led by Christopher H. Franklin, with a market cap of $10.7B. As of Q3 2025, 81% of shares are held by 656 institutional investors, with BlackRock, Inc. as the largest holder at 13.17%.

President and Chief Executive OfficerChristopher H. Franklin

Market Cap$10.7B

Regulated Water

Utilities

Employees3.3K

Websiteessential.co

Country

United States of America

Overview

Overview of institutional ownership in WTRG as of Q3 2025 with a market cap of $11.2B

All Institutions

Institutions: 656
Value Held: $9.0B
Shares Held: 226.6M
Avg Position: $13.8M
Median Position: $602.6K

Hedge Funds

Hedge Funds: 37
Value Held: $422.3M
Shares Held: 10.6M
Avg Position: $11.4M
Median Position: $1.6M

Ownership Breakdown

Institutional (non-HF)

76.97%

$8.6B

Hedge Funds

3.77%

$422.3M

Retail & Other

19.26%

$2.2B

Based on market cap of $11.2B as of Q3 2025. Institutional (non-HF) excludes hedge funds to avoid double counting.

Biggest Investors

Institutions with the largest positions in WTRG as of Q3 2025

Institution	Key People	Position Value	Ownership	Owned Since	Total AUM (Long)
B BlackRock, Inc. Institution	-	$1.5B 0.03% of portfolio	13.17% 36.9M shares	≤ Q2 2013 Held for 12y 5m+	$5.67T
VANGUARD GROUP INC Institution	Salim Ramji CEO	$1.2B 0.02% of portfolio	11.14% 31.2M shares	≤ Q2 2013 Held for 12y 5m+	$6.69T
STATE STREET CORP Institution	Ronald P. O'Hanley CEO	$542.3M 0.02% of portfolio	4.85% 13.6M shares	≤ Q2 2013 Held for 12y 5m+	$2.88T
C CANADA PENSION PLAN INVESTMENT BOARD Institution	-	$465.3M 0.33% of portfolio	4.16% 11.7M shares	Q1 2020 Held for 5y 8m	$142.43B
NORDEA INVESTMENT MANAGEMENT AB Institution	Paul Manning CEO	$354.1M 0.31% of portfolio	3.20% 9.0M shares	Q1 2019 Held for 6y 8m	$114.17B
GEODE CAPITAL MANAGEMENT LLC ETF Provider	David Kenneth Lane CEO	$203.4M 0.01% of portfolio	1.82% 5.1M shares	≤ Q2 2013 Held for 12y 5m+	$1.57T
A Amundi Institution	-	$189.8M 0.06% of portfolio	1.69% 4.7M shares	Q2 2021 Held for 4y 5m	$311.18B
FIRST TRUST ADVISORS LP ETF Provider	James Allen Bowen CEO	$163.9M 0.12% of portfolio	1.46% 4.1M shares	≤ Q2 2013 Held for 12y 5m+	$134.11B
JPMORGAN CHASE & CO Institution	Jamie Dimon CEO	$162.5M 0.01% of portfolio	1.45% 4.1M shares	≤ Q2 2013 Held for 12y 5m+	$1.56T
Invesco Ltd. ETF Provider	Brian Christopher Hartigan CEO	$156.8M 0.02% of portfolio	1.40% 3.9M shares	≤ Q2 2013 Held for 12y 5m+	$633.08B

Net Capital Flow

Institutional buying and selling activity for WTRG in Q3 2025

Traded: +$519.3M
Buyers: 353
Sellers: 245
Total Bought: +$1.0B
Total Sold: −$492.0M
Avg Position: $12.3M

Biggest Buyers

Institution	Net Bought	Current Position
JPMORGAN CHASE & CO Institution	+$138.8M +3.5M shares	$162.5M 4.1M shares
A ANTIPODES PARTNERS Ltd Hedge Fund•Long/Short	+$128.1M +3.2M shares	$128.1M 3.2M shares
B BlackRock, Inc. Institution	+$108.4M +2.7M shares	$1.5B 36.9M shares
NORDEA INVESTMENT MANAGEMENT AB Institution	+$71.9M +1.8M shares	$354.1M 9.0M shares
GOLDMAN SACHS GROUP INC Institution	+$50.1M +1.3M shares	$78.1M 2.0M shares
M MACQUARIE GROUP LTD Institution	+$34.6M +867.1K shares	$140.9M 3.5M shares
AQR CAPITAL MANAGEMENT LLC Hedge Fund•Multi-Strategy	+$34.4M +874.0K shares	$62.7M 1.6M shares
VANGUARD GROUP INC Institution	+$33.5M +838.5K shares	$1.2B 31.2M shares
DIMENSIONAL FUND ADVISORS LP Long Only Manager	+$26.4M +661.1K shares	$106.2M 2.7M shares
STATE STREET CORP Institution	+$25.6M +641.7K shares	$542.3M 13.6M shares

Biggest Sellers

Institution	Net Sold	Current Position
Pictet Asset Management Holding SA Long Only Manager	−$61.5M −1.5M shares	$151.5M 3.8M shares
BALYASNY ASSET MANAGEMENT LLC Hedge Fund•Multi-Strategy	−$47.2M −1.3M shares	Sold Off 0 shares
Tandem Investment Advisors, Inc. Long Only Manager	−$44.7M −1.1M shares	$37.9M 948.9K shares
A Amundi Institution	−$35.5M −887.9K shares	$189.8M 4.7M shares
Ghisallo Capital Management LLC Hedge Fund•Multi-Strategy	−$23.8M −642.0K shares	Sold Off 0 shares
Verition Fund Management LLC Hedge Fund•Multi-Strategy	−$20.4M −510.5K shares	$2.2M 55.0K shares
BANK OF AMERICA CORP /DE/ Institution	−$19.2M −481.3K shares	$34.1M 855.1K shares
UBS GLOBAL ASSET MANAGEMENT AMERICAS INC Long Only Manager	−$19.0M −476.8K shares	$94.8M 2.4M shares
Weiss Asset Management LP Hedge Fund•Multi-Strategy	−$16.1M −434.7K shares	Sold Off 0 shares
A ADAGE CAPITAL PARTNERS GP LLC Institution	−$15.8M −425.0K shares	Sold Off 0 shares

Entry and Exit Activity

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

New Positions: 37
New Value: $156.1M
Exited Positions: 75
Exited Value: $197.0M

New Positions

Institution	Position Value
A ANTIPODES PARTNERS Ltd Hedge Fund•Long/Short	$128.1M 3.2M shares
H HEARTLAND ADVISORS INC Long Only Manager	$14.7M 367.7K shares
Sourcerock Group LLC Hedge Fund•Long/Short	$4.0M 99.1K shares
Horizon Investments, LLC/SC Long Only Manager	$2.7M 68.3K shares
Aristotle Capital Boston, LLC Long Only Manager	$824.2K 20.7K shares
Summit Financial, LLC RIA/Wealth	$797.0K 20.0K shares
E Entropy Technologies, LP Hedge Fund•Quant Macro	$680.1K 17.0K shares
CHESAPEAKE CAPITAL CORP /IL/ Long Only Manager	$606.6K 15.2K shares
D denkapparat Operations GmbH Institution	$499.9K 12.5K shares
Severin Investments, LLC RIA/Wealth	$449.5K 11.3K shares

Exited Positions

Institution	Previous Position
BALYASNY ASSET MANAGEMENT LLC Hedge Fund•Multi-Strategy	$47.2M 1.3M shares
Ghisallo Capital Management LLC Hedge Fund•Multi-Strategy	$23.8M 642.0K shares
Weiss Asset Management LP Hedge Fund•Multi-Strategy	$16.1M 434.7K shares
A ADAGE CAPITAL PARTNERS GP LLC Institution	$15.8M 425.0K shares
C Cubist Systematic Strategies, LLC Institution	$10.2M 275.6K shares
ARROWSTREET CAPITAL LIMITED PARTNERSHIP Hedge Fund•Quant	$9.9M 266.0K shares
TUDOR INVESTMENT CORP ET AL Hedge Fund•Multi-Strategy	$8.5M 229.1K shares
Z Zimmer Partners, LP Hedge Fund•Long/Short	$6.5M 175.0K shares
Atom Investors LP Hedge Fund•Market Neutral	$5.5M 147.8K shares
A AXA Institution	$5.5M 147.3K shares

Options Activity

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

Call Positions: 6
Call Value: $11.8M
Put Positions: 4
Put Value: $4.1M

Call Positions

Institution	Position Value
T Twin Tree Management, LP Hedge Fund•Vol Arbitrage	$8.4M 2.1K contracts
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	$2.0M 495.0 contracts
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	$506.7K 127.0 contracts
W WOLVERINE TRADING, LLC Institution	$328.6K 84.0 contracts
Walleye Trading LLC RIA/Wealth	$327.2K 82.0 contracts
J JANE STREET GROUP, LLC Institution	$311.2K 78.0 contracts

Put Positions

Institution	Position Value
Crawford Fund Management, LLC Hedge Fund•Long/Short	$1.5M 375.0 contracts
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	$1.5M 374.0 contracts
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	$957.6K 240.0 contracts
Walleye Trading LLC RIA/Wealth	$147.6K 37.0 contracts

Most Committed Institutions

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

Institution	Key People	Portfolio Weight	Ownership	Owned Since	Total AUM (Long)
Beck Bode, LLC RIA/Wealth	Benjamin W Beck Managing Partner	3.17% $19.6M	0.18% 491.9K shares	Q2 2025 Held for 5 months	$618.9M
A ANTIPODES PARTNERS Ltd Hedge Fund•Long/Short	Andrew Findlay CEO	2.87% $128.1M	1.14% 3.2M shares	Q3 2025 Held for 2 months	$4.5B
Wills Financial Group LLC RIA/Wealth	Janet Howard Wills President	2.61% $6.4M	0.06% 159.5K shares	Q1 2025 Held for 8 months	$243.8M
JOHN G ULLMAN & ASSOCIATES INC RIA/Wealth	John Guy Ullman CEO	2.50% $18.6M	0.17% 464.9K shares	Q2 2024 Held for 1y 5m	$743.1M
G Greenland Capital Management LP Hedge Fund•Multi-Strategy	Michael J Englander CEO	1.83% $11.8M	0.11% 295.1K shares	Q4 2022 Held for 2y 11m	$641.9M
W Weaver C. Barksdale & Associates, Inc. Long Only Manager	Ann Loden Roberts CEO	1.73% $1.8M	0.02% 45.1K shares	Q2 2024 Held for 1y 5m	$103.9M
CBRE CLARION SECURITIES LLC Real Assets	Joseph Patrick Smith President	1.57% $109.9M	0.98% 2.8M shares	Q2 2022 Held for 3y 5m	$7.0B
C Coston, McIsaac & Partners Institution	-	1.53% $4.5M	0.04% 112.4K shares	Q2 2022 Held for 3y 5m	$293.1M
Aurora Investment Counsel RIA/Wealth	David John Yucius President	1.49% $2.8M	0.03% 70.4K shares	Q1 2025 Held for 8 months	$188.5M
C Costello Asset Management, INC RIA/Wealth	Robert Francis Costello President	1.31% $3.9M	0.03% 98.1K shares	Q2 2020 Held for 5y 5m	$298.6M

Hedge Fund Spotlight

Discover hedge funds investing in WTRG

AQR CAPITAL MANAGEMENT LLC

Hedge Fund • Multi-Strategy

Portfolio ManagerDavid Gary Kabiller

Portfolio Value: $156.17B
Positions: 3,453
Last Reported: Q3 2025

Sector Allocation

Position in Essential Utilities

Market Value: $62.7M
Shares Held: 1.6M
Portfolio Weight: 0.04%
Owned Since: 2013-Q3

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