# Water Asset Management LLC

> Institutional holdings reported to the SEC as of Q4 2019 on Form 13F. CIK 1423875. Source: https://holderbook.com/funds/1423875-water-asset-management-llc/

- Reported value: $43.6M
- Positions: 17
- Weight of the ten largest: 79.5%
- Filed: 2020-02-14

A 13F reports long US equity positions only. Short positions, bonds, foreign listings, private holdings and cash are not visible, so this is not the manager's whole book.

## Holdings

| Security | Ticker | Value | Shares | Weight | Quarters held |
|---|---|---|---|---|---|
| CADIZ INC | [CDZI](https://holderbook.com/stocks/CDZI/) | $7.7M | 695,576 | 17.6% | 5 |
| GLOBAL WTR RES INC | [GWRS](https://holderbook.com/stocks/GWRS/) | $4.8M | 367,364 | 11.1% | 5 |
| REXNORD CORP | [RXN](https://holderbook.com/stocks/RXN/) | $3.9M | 121,073 | 9.1% | 5 |
| H2O AMERICA | [HTO](https://holderbook.com/stocks/HTO/) | $3.6M | 50,791 | 8.3% | 5 |
| FORTERRA INC | [FRTA](https://holderbook.com/stocks/FRTA/) | $3.6M | 310,732 | 8.2% | 4 |
| AQUA AMERICA INC | [WTR](https://holderbook.com/stocks/WTR/) | $2.5M | 52,896 | 5.7% | 4 |
| ARTESIAN RES CORP | [ARTNA](https://holderbook.com/stocks/ARTNA/) | $2.3M | 62,262 | 5.3% | 5 |
| MASCO CORP | [MAS](https://holderbook.com/stocks/MAS/) | $2.2M | 46,325 | 5.1% | 5 |
| AMERICAN WTR WKS CO INC NEW | [AWK](https://holderbook.com/stocks/AWK/) | $2.1M | 16,877 | 4.8% | 5 |
| MUELLER WTR PRODS INC | [MWA](https://holderbook.com/stocks/MWA/) | $1.9M | 158,925 | 4.4% | 4 |
| AQUA AMERICA INC | [WTRUXXXX](https://holderbook.com/stocks/WTRUXXXX/) | $1.6M | 26,010 | 3.7% | 3 |
| GREAT LAKES DREDGE & DOCK CO | [GLDD](https://holderbook.com/stocks/GLDD/) | $1.6M | 140,000 | 3.6% | 1 |
| SELECT WATER SOLUTIONS INC | [WTTR](https://holderbook.com/stocks/WTTR/) | $1.6M | 170,000 | 3.6% | 5 |
| SMITH A O CORP | [AOS](https://holderbook.com/stocks/AOS/) | $1.5M | 30,723 | 3.4% | 5 |
| PROSHARES TR II | [VIXYXXXX](https://holderbook.com/stocks/VIXYXXXX/) | $1.1M | 90,190 | 2.6% | 1 |
| COMPANHIA DE SANEAMENTO BASI | [SBS](https://holderbook.com/stocks/SBS/) | $807.0K | 53,600 | 1.9% | 1 |
| YORK WTR CO | [YORW](https://holderbook.com/stocks/YORW/) | $744.0K | 16,139 | 1.7% | 4 |

## What the disclosed book did

Not the fund's return. This is the change in value of the positions disclosed on Form 13F, had they been left untouched, against SPY over the same quarter ends.

| Quarter | Book | Market | Difference | Priced |
|---|---|---|---|---|
| Q4 2019 | +0.5% | +8.5% | -7.9% | 100% |
| Q3 2019 | +8.2% | +1.3% | +6.9% | 100% |
| Q2 2019 | +8.8% | +3.7% | +5.0% | 100% |
| Q1 2019 | +5.2% | +13.0% | -7.9% | 100% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q4 2019 | $43.6M | 17 |
| Q3 2019 | $65.3M | 15 |
| Q2 2019 | $76.2M | 17 |
| Q1 2019 | $69.7M | 17 |
| Q4 2018 | $63.3M | 13 |