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HomeStocksWATInstitutional Holders

WAT logoWaters Corporation (WAT) Institutional Ownership

Q2 2026 13F Data|Updated 2026-11-07

✨

Institutional ownership decreased this quarter (-68.52 pp), representing a broadly distributed shareholder base.

Institutional Ownership
Can exceed 100% due to securities lending, short interest, and reporting timing differences.
131.5%$34.7B total value · ▼ 68.52 pp vs prior quarter
Smart Money Score
Based on ownership concentration, fund quality, buying/selling activity, ownership indicators, and institutional trend.
45 / 100
Neutral
Institutions & Flow1,179 holders+5 net flow (+140 / -135)

AI Insights & Key Takeaways

  • Positive Institutional Flow (+5)
  • Viking Global Investors Lp and Millennium Management Llc maintain significant positions
  • Top 10 holders control 47.0% of institutional value
  • No Insider Signal

Top Institutional Holders of WAT

Ranked by reported Q2 2026 13F market value

Top 10 Holders
47.0%
Top 25 Holders
65.4%

Share of total reported institutional value in WAT held by the largest 10 / 25 filers.

#InstitutionShares HeldMarket ValueQoQ ChangeOwnership %% of Fund
1BlackRock, Inc.8.5M$3.18B-0.7%11.345%0.05%
2MASSACHUSETTS FINANCIAL SERVICES CO /MA/4.6M$2.53B-0.1%6.184%0.80%
3VANGUARD CAPITAL MANAGEMENT LLC6.4M$2.41B+0.6%8.578%0.05%
4VANGUARD PORTFOLIO MANAGEMENT LLC4.7M$1.78B-0.3%6.338%0.08%
5STATE STREET CORP4.4M$1.64B+0.5%5.859%0.02%
6Invesco Ltd.3.5M$1.31B+61.2%4.672%0.10%
7GEODE CAPITAL MANAGEMENT, LLC2.6M$984.8M-0.4%3.525%0.05%
8Fundsmith LLP2.3M$852.7M-29.2%3.040%6.25%
9ALLIANCEBERNSTEIN L.P.2.7M$802.4M+27.3%3.603%0.27%
10JPMORGAN CHASE & CO2.2M$796.2M+9.4%2.886%0.04%
11Jupiter Topco LLC1.7M$623.9M—2.224%0.25%
12VIKING GLOBAL INVESTORS LP1.7M$623.4M+32.3%2.222%1.78%
13WELLINGTON MANAGEMENT GROUP LLP1.4M$515.0M+69.3%1.836%0.09%
14First Eagle Investment Management, LLC1.3M$500.7M-15.2%1.785%0.41%
15SCHRODER INVESTMENT MANAGEMENT GROUP1.3M$474.1M+299.8%1.690%0.34%
16Mawer Investment Management Ltd.1.2M$456.4M-13.3%1.627%3.10%
17PRINCIPAL FINANCIAL GROUP INC1.1M$417.8M+9.3%1.490%0.21%
18MORGAN STANLEY1.1M$411.5M-10.2%1.467%0.02%
19NORTHERN TRUST CORP1.0M$387.3M-0.9%1.381%0.05%
20D. E. Shaw & Co., Inc.949K$355.8M-7.5%1.268%0.17%
21FMR LLC925K$346.8M+83.9%1.236%0.02%
22MILLENNIUM MANAGEMENT LLC895K$335.5M+315.8%1.196%0.12%
23Veritas Asset Management LLP852K$319.4M-29.1%1.139%5.75%
24Holocene Advisors, LP848K$317.9M-7.6%1.133%0.72%
25BANK OF AMERICA CORP /DE/840K$314.9M-0.5%1.123%0.02%

denotes a marquee investor (Buffett, Burry, ARK, Tiger Global, Pershing Square, Baupost and other widely-followed managers). “% of Fund” shows how much of that investor’s total 13F portfolio is invested in WAT — a direct measure of their conviction.

Quarterly Institutional Activity

Filings activity in WAT during Q2 2026, grouped by how each filer changed its position.

OverviewNew Buyers140Added To829Trimmed173Exited135
  • Fundsmith LLP$852.7M
  • ALLIANCEBERNSTEIN L.P.$802.4M
  • Veritas Asset Management LLP$319.4M
  • FUNDSMITH INVESTMENT SERVICES LTD.$314.2M
  • AMERIPRISE FINANCIAL INC$163.7M
  • DEUTSCHE BANK AG\$156.3M
  • COOKE & BIELER LP$78.7M
  • MANUFACTURERS LIFE INSURANCE COMPANY, THE$78.6M
  • LPL Financial LLC$74.9M
  • CITADEL ADVISORS LLC$64.2M
  • Clearbridge Investments, LLC$64.1M
  • AMERICAN CENTURY COMPANIES INC$63.6M

WAT Institutional Ownership by Quarter

8 quarters of 13F filings · Δ columns show change vs prior quarter

QuarterInst. HoldersΔ HoldersOwnership %Δ OwnershipTotal 13F ValueΔ Value
Q2 20261,179+0.9%131.47%68.52 pp$34.66B+29%
Q1 20261,169+49%199.99%+73.18 pp$26.86B+29%
Q4 2025787+6.8%126.81%0.36 pp$20.85B+25%
Q3 20257372.6%127.17%1.19 pp$16.71B15%
Q2 2025757+1.9%128.36%51.82 pp$19.57B35%
Q1 2025743+0.0%180.18%+47.62 pp$30.10B+47%
Q4 2024743+10%132.56%+9.10 pp$20.54B+7.6%
Q3 2024674—123.46%—$19.08B—

Source: SEC 13F institutional filings. Ownership % requires market cap data and will show once linked. Δ columns compare to the immediately prior filed quarter.

WAT — Frequently Asked Questions

Quick answers to the most common questions about buying WAT stock.

What percentage of WAT is owned by institutions?

Based on Q2 2026 13F filings, institutional ownership of Waters Corporation stands at 131.5%, held across 1,179 reporting institutions.

Who is the largest institutional holder of WAT?

BlackRock, Inc. is the largest reported institutional holder of WAT, with approximately 8,484,939 shares worth $3.18B as of Q2 2026.

Is WAT a hedge fund favorite?

Yes — 2 widely-followed marquee investors appear among the top 25 institutional holders of WAT, including VIKING GLOBAL INVESTORS LP, MILLENNIUM MANAGEMENT LLC.

What is WAT's Smart Money Score?

Our composite Smart Money Score for WAT is 45 out of 100 (Neutral). It combines net institutional buying activity, ownership shift, marquee investor presence, and holder-count growth.

How many institutions bought WAT this quarter?

140 institutions opened new positions in WAT during Q2 2026, while 135 fully exited. 829 added to existing positions and 173 trimmed.

How is institutional ownership of WAT changing?

WAT institutional ownership fell by 68.52 percentage points quarter-over-quarter, with a net change of +10 holders.

How concentrated is WAT ownership among the top holders?

The top 10 institutions account for 47.0% of all reported 13F value in WAT, and the top 25 account for 65.4%.

Where does this WAT institutional ownership data come from?

All data is sourced from SEC Form 13F filings, which institutional investment managers with at least $100M in assets are required to file each quarter. We process every 13F filing from EDGAR and recompute the aggregates after each cycle. Insider transactions are sourced from Form 4 filings.

WATWaters Corporation
$457.60$34.2B
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