California Water Service Grp (CWT) SEC 13F Holdings (Q2 2026) — Net Institutional Activity: $440.0M

CWT ranks #1814 out of 37696 tracked stocks by institutional interest — one of the most closely watched names in our coverage.

CWT is a top-conviction position for Nuance Investments, LLC — at 9.1% of their entire disclosed 13F portfolio, it's one of their largest single bets, not just a passing allocation.

The largest dollar stake in CWT belongs to BlackRock, Inc., but the position matters far more to Nuance Investments, LLC, who has 9.1% of their own portfolio riding on it — a reminder that the biggest holder by size and the holder with the biggest bet aren't always the same fund.

Wedge Capital Management L L P/nc has added to its CWT position for two straight quarters, increasing it by $2.1M to reach $4.2M today.

State of Alaska, Department of Revenue has trimmed its CWT position for two straight quarters, cutting it by $851.0K while still holding $563.0K.

CWT is up 0.7% today, and institutions have been net buyers of $440.0M this quarter — today's price move and the underlying institutional flow are pointing the same direction.

CWT posted net income of $133.2M over the trailing twelve months, and currently trades at a P/E of 20.7.

• Profitable — net income of $133.2M over the trailing twelve months
• Revenue grew 3.9% year over year
• Net income declined year over year, from $135.8M to $133.2M
• Generated $302.6M in positive operating cash flow
• Current ratio of 0.85x — below the conventional 1.5x liquidity buffer
• Liabilities run x equity — a highly leveraged balance sheet worth noting