Vault-13

AMERICAN WTR CAP CORP AWK 3.625 06.15.26

NOTE 3.625% 6/1 · US DOMESTIC · CUSIP 03040WBE4

69 institutional holders -19 vs Q2 2025
82,119,12182.1m shares reported held*
$931.0mreported value*
7 new 20 added 23 reduced 23 sold out net sold ≈ $96.4m (-9.1m shares)

* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once. Holder counts are more reliable. Implied quarter-end price ≈ $11.34.

Trends to Q3 2025

Institutional holders

Managers reporting a position, each quarter

050100Q3 24: 66Q4 24: 80Q1 25: 82Q2 25: 88Q3 25: 6969Q3 24Q4 24Q1 25Q2 25Q3 25
Numbers
QuarterHolders
Q3 202466
Q4 202480
Q1 202582
Q2 202588
Q3 202569

Buyers vs sellers

Managers adding to or starting a position, vs cutting or selling out

Bought or addedCut or sold out
50050Q4 24: 32 bought or addedQ4 24: 31 cut or sold outQ4 24Q1 25: 36 bought or addedQ1 25: 35 cut or sold outQ1 25Q2 25: 43 bought or addedQ2 25: 35 cut or sold outQ2 25Q3 25: 27 bought or addedQ3 25: 46 cut or sold outQ3 25
Numbers
QuarterBought or addedCut or sold out
Q4 20243231
Q1 20253635
Q2 20254335
Q3 20252746

Biggest buyers

D. E. Shaw & Co., Inc. Added +51,880,000+51.9m
WELLINGTON MANAGEMENT GROUP LLP Added +42,845,000+42.8m
CAMDEN ASSET MANAGEMENT L P /CA Added +15,845,000+15.8m
JPMORGAN CHASE & CO Added +14,755,000+14.8m
TWO SIGMA INVESTMENTS, LP New +10,000,000+10.0m
BARCLAYS PLC Added +9,823,000+9.8m
ANGELO GORDON & CO., L.P. Added +8,500,000+8.5m
AQR Arbitrage LLC New +7,075,000+7.1m
GOLDMAN SACHS GROUP INC Added +7,066,000+7.1m
SUSQUEHANNA ADVISORS GROUP, INC. Added +5,000,000+5.0m

Biggest sellers

MANUFACTURERS LIFE INSURANCE COMPANY, THE Sold out -63,400,000-63.4m
LAZARD ASSET MANAGEMENT LLC Reduced -34,722,000-34.7m
Wellesley Asset Management Sold out -22,699,000-22.7m
ZAZOVE ASSOCIATES LLC Reduced -19,750,000-19.8m
ADVENT CAPITAL MANAGEMENT /DE/ Reduced -19,421,000-19.4m
Aequim Alternative Investments LP Reduced -15,000,000-15.0m
Amundi Sold out -15,000,000-15.0m
ARISTEIA CAPITAL, L.L.C. Sold out -11,500,000-11.5m
RWC Asset Management LLP Reduced -11,270,000-11.3m
ROYAL BANK OF CANADA Reduced -9,723,000-9.7m

Holders, Q3 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 D. E. Shaw & Co., Inc. 0.06% of their portfolio New York, NY 74,081,00074.1m $74.2m $74.2m 0.06% Added +51.9m +51,880,000
2 CAMDEN ASSET MANAGEMENT L P /CA 1.49% of their portfolio Los Angeles, CA 67,625,00067.6m $67.7m $67.7m 1.49% Added +15.8m +15,845,000
3 Universal- Beteiligungs- und Servicegesellschaft mbH 0.11% of their portfolio FRANKFURT AM MAIN, 2M 67,419,00067.4m $68.3m $68.3m 0.11% Reduced -2.2m -2,193,000
4 Aequim Alternative Investments LP 1.34% of their portfolio MILL VALLEY, CA 60,000,00060.0m $60.2m $60.2m 1.34% Reduced -15.0m -15,000,000
5 Calamos Advisors LLC 0.23% of their portfolio NAPERVILLE, IL 56,022,00056.0m $56.1m $56.1m 0.23% Unchanged
6 VICTORY CAPITAL MANAGEMENT INC 0.03% of their portfolio San Antonio, TX 51,610,00051.6m $51.7m $51.7m 0.03% Reduced -808.0k -808,000
7 WELLINGTON MANAGEMENT GROUP LLP 0.01% of their portfolio Boston, MA 51,494,00051.5m $52.1m $52.1m 0.01% Added +42.8m +42,845,000
8 VOYA INVESTMENT MANAGEMENT LLC 0.03% of their portfolio ATLANTA, GA 33,220,00033.2m $33.3m $33.3m 0.03% Reduced -125.0k -125,000
9 LAZARD ASSET MANAGEMENT LLC 0.00% of their portfolio NEW YORK, NY 32,755,00032.8m $328.4k $328.4k 0.00% Reduced -34.7m -34,722,000
10 LMR Partners LLP 0.39% of their portfolio LONDON, X0 30,000,00030.0m $30.1m $30.1m 0.39% Unchanged
11 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 28,744,00028.7m $28.8m $28.8m 0.00% Added +14.8m +14,755,000
12 DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main 0.02% of their portfolio FRANKFURT AM MAIN, 2M 26,000,00026.0m $26.1m $26.1m 0.02% Added +500.0k +500,000
13 COMPASS ROSE ASSET MANAGEMENT, LP 9.59% of their portfolio New York, NY 25,000,00025.0m $25.1m $25.1m 9.59% Unchanged
14 ANGELO GORDON & CO., L.P. 2.88% of their portfolio NEW YORK, NY 23,500,00023.5m $23.5m $23.5m 2.88% Added +8.5m +8,500,000
15 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 20,950,00020.9m $21.2m $21.2m 0.00% Added +950.0k +950,000
16 Walleye Capital LLC 0.16% of their portfolio NEW YORK, NY 19,500,00019.5m $19.6m $19.6m 0.16% Reduced -3.0m -3,000,000
17 BARCLAYS PLC 0.01% of their portfolio LONDON, X0 17,523,00017.5m $17.6m $17.6m 0.01% Added +9.8m +9,823,000
18 PIER 88 INVESTMENT PARTNERS LLC 3.26% of their portfolio SAN FRANCISCO, CA 17,340,00017.3m $17.4m $17.4m 3.26% Reduced -510.0k -510,000
19 OCONNOR, A Distinct Business Unit of UBS ASSET MANAGEMENT AMERICAS (LLC) 0.48% of their portfolio CHICAGO, IL 16,000,00016.0m $16.0m $16.0m 0.48% Unchanged
20 BNP PARIBAS FINANCIAL MARKETS 0.01% of their portfolio PARIS, I0 15,363,00015.4m $15.4m $15.4m 0.01% Reduced -5.1m -5,058,000
21 BNP PARIBAS ASSET MANAGEMENT Holding S.A. 0.03% of their portfolio Paris, I0 12,840,00012.8m $13.0m $13.0m 0.03% Unchanged
22 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 12,327,00012.3m $12.3m $12.3m 0.00% Reduced -9.7m -9,723,000
23 FMR LLC 0.00% of their portfolio BOSTON, MA 11,349,00011.3m $11.4m $11.4m 0.00% Reduced -3.6m -3,592,000
24 ADVENT CAPITAL MANAGEMENT /DE/ 0.23% of their portfolio NEW YORK, NY 10,425,00010.4m $10.5m $10.5m 0.23% Reduced -19.4m -19,421,000
25 RWC Asset Management LLP 0.50% of their portfolio LONDON, X0 10,230,00010.2m $10.2m $10.2m 0.50% Reduced -11.3m -11,270,000
26 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 10,206,00010.2m $10.2m $10.2m 0.00% Added +7.1m +7,066,000
27 TWO SIGMA INVESTMENTS, LP 0.02% of their portfolio NEW YORK, NY 10,000,00010.0m $10.0m $10.0m 0.02% New
28 SUSQUEHANNA ADVISORS GROUP, INC. 0.00% of their portfolio BALA CYNWYD, PA 10,000,00010.0m $100.2k $100.2k 0.00% Added +5.0m +5,000,000
29 BlackRock, Inc. 0.00% of their portfolio New York, NY 9,500,0009.5m $9.5m $9.5m 0.00% Reduced -300.0k -300,000
30 TRUIST FINANCIAL CORP 0.01% of their portfolio CHARLOTTE, NC 9,350,0009.3m $9.4m $9.4m 0.01% Added +4.7m +4,719,000
31 INCOME RESEARCH & MANAGEMENT 4.53% of their portfolio Boston, MA 9,258,0009.3m $9.3m $9.3m 4.53% Reduced -1.0m -1,010,000
32 Thrivent Financial for Lutherans 0.02% of their portfolio Minneapolis, MN 8,710,0008.7m $8.8m $8.8m 0.02% Reduced -235.0k -235,000
33 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 8,658,0008.7m $8.7m $8.7m 0.00% Added +2.2m +2,180,000
34 ZAZOVE ASSOCIATES LLC 0.78% of their portfolio INCLINE VILLAGE, NV 8,555,0008.6m $8.6m $8.6m 0.78% Reduced -19.8m -19,750,000
35 ALGEBRIS (UK) LTD 0.92% of their portfolio London, X0 8,000,0008.0m $8.0m $8.0m 0.92% Reduced -900.0k -900,000
36 AQR Arbitrage LLC 0.18% of their portfolio Greenwich, CT 7,075,0007.1m $7.1m $7.1m 0.18% New
37 OFI INVEST ASSET MANAGEMENT 0.12% of their portfolio ISSY LES MOULINEAUX, I0 6,800,0006.8m $5.9m $5.9m 0.12% Unchanged
38 RATIONAL ADVISORS, INC. 0.65% of their portfolio San Juan, PR 6,510,0006.5m $6.5m $6.5m 0.65% Reduced -510.0k -510,000
39 CONNING INC. 0.19% of their portfolio HARTFORD, CT 5,650,0005.7m $5.7m $5.7m 0.19% Unchanged
40 Man Group plc 0.01% of their portfolio LONDON, X0 4,900,0004.9m $4.9m $4.9m 0.01% Unchanged
41 SHENKMAN CAPITAL MANAGEMENT INC 0.46% of their portfolio NEW YORK, NY 4,594,0004.6m $4.7m $4.7m 0.46% Unchanged
42 Nicholas Investment Partners, LP 0.31% of their portfolio RANCHO SANTA FE, CA 4,000,0004.0m $4.0m $4.0m 0.31% Added +1.0m +1,000,000
43 STATE OF WISCONSIN INVESTMENT BOARD 0.01% of their portfolio MADISON, WI 3,000,0003.0m $3.0m $3.0m 0.01% Added +1.0m +1,000,000
44 Warberg Asset Management LLC 0.71% of their portfolio WINNETKA, IL 2,541,0002.5m $2.5m $2.5m 0.71% Added +36.0k +36,000
45 Police & Firemen's Retirement System of New Jersey 0.02% of their portfolio TRENTON, NJ 2,140,0002.1m $2.1m $2.1m 0.02% New
46 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 1,535,0001.5m $1.5m $1.5m 0.00% Added +658.0k +658,000
47 FRANKLIN RESOURCES INC 0.00% of their portfolio San Mateo, CA 1,254,0001.3m $1.3m $1.3m 0.00% Unchanged
48 Kohlberg Kravis Roberts & Co. L.P. 0.01% of their portfolio NEW YORK, NY 826,000826.0k $828.2k $828.2k 0.01% Unchanged
49 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 500,000500.0k $501.0k $501.0k 0.00% Unchanged
50 AEGON USA Investment Management, LLC 0.34% of their portfolio CEDAR RAPIDS, IA 500,000500.0k $500.7k $500.7k 0.34% Unchanged
51 ABN AMRO INVESTMENT SOLUTIONS 0.01% of their portfolio PARIS CEDEX 008, I0 400,000400.0k $401.1k $401.1k 0.01% Unchanged
52 SSI INVESTMENT MANAGEMENT LLC 0.02% of their portfolio Los Angeles, CA 233,000233.0k $233.3k $233.3k 0.02% Unchanged
53 CSS LLC/IL 0.01% of their portfolio CHICAGO, IL 189,000189.0k $189.2k $189.2k 0.01% New
54 &PARTNERS 0.00% of their portfolio NASHVILLE, TN 160,000160.0k $160.2k $160.2k 0.00% Added +11.0k +11,000
55 TRUIST FINANCIAL CORP 0.00% of their portfolio CHARLOTTE, NC 78,00078.0k $78.1k $78.1k 0.00% Unchanged
56 Capital Investment Advisory Services, LLC 0.00% of their portfolio RALEIGH, NC 41,00041.0k $41.1k $41.1k 0.00% Unchanged
57 NOMURA HOLDINGS INC 0.02% of their portfolio TOKYO, M0 38,95739.0k $5.4m $5.4m 0.02% Reduced -11.4k -11,421
58 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 27,00027.0k $27.0k $27.0k 0.00% Added +9.0k +9,000
59 LAFFER TENGLER INVESTMENTS, INC. 0.41% of their portfolio Scottsdale, AZ 25,23025.2k $2.6m $2.6m 0.41% New
60 Steward Partners Investment Advisory, LLC 0.00% of their portfolio STAMFORD, CT 23,00023.0k $23.0k $23.0k 0.00% Reduced -7.0k -7,000
61 Squarepoint Ops LLC 0.04% of their portfolio NEW YORK, NY 17,00017.0k $17.0m $17.0m 0.04% Added +4.5k +4,500
62 Traub Capital Management LLC 0.01% of their portfolio NEEDHAM, MA 14,00014.0k $14.2k $14.2k 0.01% New
63 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.00% of their portfolio PLYMOUTH, MN 11,00011.0k $11.0k $11.0k 0.00% Reduced -9.0k -9,000
64 Candriam S.C.A. 0.05% of their portfolio STRASSEN, N4 9,0009.0k $9.1m $9.1m 0.05% Added +100 +100
65 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.00% of their portfolio MILWAUKEE, WI 7,0007.0k $7.0k $7.0k 0.00% Unchanged
66 BARTLETT & CO. WEALTH MANAGEMENT LLC 0.00% of their portfolio CINCINNATI, OH 3,0003.0k $3.0k $3.0k 0.00% Unchanged
67 LOOMIS SAYLES & CO L P 0.00% of their portfolio BOSTON, MA 1,1641.2k $162.1k $162.1k 0.00% Reduced -291 -291
68 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 44 $4.0k $4.0k 0.00% New
69 Erste Asset Management GmbH 0.00% of their portfolio VIENNA, C4 00 $0 $0 0.00% Reduced -2.8m -2,840,000