Activist Investor Eyes Water Utility as Ausbil Snaps Up $2.6M Stake

What makes this oddity worth noting is that this new position accounts for merely 1.48% of Ausbil’s reportedly vast U.S. equity repertoire. To the untrained eye, it’s a minor detail, but as any activist with a penchant for disruption knows, even a whisper can herald a storm. Post-file, their main holdings include giants like NEE, CSX, and NSC-each a titan in its own right-and yet this water utility, seemingly humble, now commands their attention, hinting at a possible masterstroke in utility sector consolidation.







