Amundi Reports New 5.82% Passive Stake in California Water Service Group (CWT)
On April 10, 2026, Amundi and its subsidiary Amundi Asset Management filed a Schedule 13G reporting a new 5.82% passive ownership stake in California Water Service Group (CWT). The filing indicates that Amundi beneficially owns 3,470,997 common shares as of the event date on March 31, 2026. This position represents a significant increase from a previously reported 0.0% stake. According to the filing, Amundi shares voting power over 1,887,617 shares and shares dispositive power over the full 3,470,997 shares. The securities are held in the ordinary course of business by several subsidiaries, including Amundi Asset Management, CPR Asset Management, and KBI Global Investors. Both reporting entities are organized under the laws of France and maintain their principal business offices in Paris. The filing confirms that the shares were not acquired for the purpose of changing or influencing the control of the issuer.