Water Utility Up Just 8% in a Year Faces $28 Million Position Cut
Key takeaways
- After the sale, H2O America represents 3.2% of Nuance Investments reportable assets under management, which places it outside the fund s top five holdings.
- NYSE: CWT: $72.71 million (10.1% of AUM)
- NASDAQ: MRTN: $63.16 million (8.8% of AUM)
Jonathan Ponciano, The Motley Fool Sat, May 9, 2026 at 11:58 PM GMT+7 4 min read HTO CWT On May 8, 2026, Nuance Investments disclosed in an SEC filing that it sold 515,078 shares of H2O America in the first quarter, an estimated $28.04 million trade based on the quarterly average price.
Nuance Investments reduced its stake in H2O America (NASDAQ:HTO) by 515,078 shares during the first quarter, according to a SEC filing dated May 8, 2026. The estimated value of the shares sold was $28.04 million, based on the mean unadjusted closing price for the quarter. The quarter-end value of the position decreased by $21.44 million, reflecting both the sale and market price changes. Following the transaction, Nuance Investments held 391,646 shares of H2O America, valued at $22.98 million.
After the sale, H2O America represents 3.2% of Nuance Investments reportable assets under management, which places it outside the fund s top five holdings.