CDZINasdaqWater SupplyFiscal year ends December 31Also trades as CDZIP
CADIZ INC
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Aug 13, 2026
$3.99+0.12 (+3.10%)
Close on Oct 19, 2026
- Market cap
- –
- P/E (TTM)
- –
- Dividend yield
- –
Ownership
Institutional holdings as of Jun 30, 2026, from 13F filings
Held by institutions
39M
Shares held, 13F filers
Institutional holders
116
13 new, 33 sold out
Net institutional buying
2M
In Q2 2026
Insider trades, 12 months
1 buys · 1 sales
Net bought $496.94K
Shares held by institutions
Holders of more than 5%
Latest Schedule 13D (active) or 13G (passive) filed by each holder
| Holder | Shares | % of class | Filing | As of |
|---|---|---|---|---|
| BlackRock, Inc. | 5,018,521 | 6.00% | 13G (passive) | Jun 30, 2026 |
| Heerema International Group Services S.A. | 30,468,885 | 38.10% | 13D (active) amendment | Nov 5, 2024 |
Top institutional holders
13F holdings as of Jun 30, 2026
| Holder | Shares | % of CDZI | Value | Change | % of portfolio |
|---|---|---|---|---|---|
| BlackRock, Inc. | 5,135,402 | – | $21.47M | +1,307,115 | 0.00% |
| Levin Capital Strategies, L.P. | 4,496,579 | – | $18.80M | +680,410 | 1.26% |
| Whitefort Capital Management, LP | 3,986,822 | – | $16.66M | – | 4.11% |
| Bank Of America Corp /De/ | 3,518,928 | – | $14.71M | −9,366 | 0.00% |
| Barclays PLC | 3,469,347 | – | $14.50M | −251,838 | 0.00% |
| Vanguard Capital Management LLC | 2,473,582 | – | $10.34M | +117,269 | 0.00% |
| Stonehill Capital Management LLC | 2,125,937 | – | $8.89K | +180,527 | 2.54% |
| Geode Capital Management, LLC | 1,481,764 | – | $6.20M | +89,642 | 0.00% |
| State Street Corp | 1,407,369 | – | $5.88M | +72,249 | 0.00% |
| Morgan Stanley | 1,005,149 | – | $4.20M | −32,320 | 0.00% |
| Vanguard Portfolio Management LLC | 765,170 | – | $3.20M | +434,899 | 0.00% |
| Elkhorn Partners Limited Partnership | 656,000 | – | $2.74M | +12,500 | 2.35% |
| Permanent Capital Management, LP | 537,680 | – | $2.25M | +63,661 | 0.30% |
| Cinctive Capital Management LP | 525,945 | – | $2.20M | +256,076 | 0.08% |
| Invesco Ltd. | 509,566 | – | $2.13M | +486,809 | 0.00% |
| Northern Trust Corp | 498,887 | – | $2.09M | +37,661 | 0.00% |
| Citigroup Inc | 438,003 | – | $1.83M | +208,430 | 0.00% |
| Vanguard Fiduciary Trust Co | 407,418 | – | $1.70M | +7,816 | 0.00% |
| Potomac Capital Management, Inc. | 350,000 | – | $1.46M | +15,000 | 1.00% |
| Gsa Capital Partners Llp | 283,368 | – | $1.18K | +132,966 | 0.07% |
Institutional buying and selling by quarter
Positions opened, added to, reduced and closed by 13F filers
| Quarter | Holders | Shares held | New / added | Reduced / closed | Shares bought | Shares sold |
|---|---|---|---|---|---|---|
| Q2 2026 | 116 | 39M | 13 / 42 | 39 / 33 | 5M | 3M |
| Q1 2026 | 140 | 38M | 34 / 47 | 38 / 14 | 8M | 4M |
| Q4 2025 | 121 | 36M | 28 / 40 | 28 / 15 | 5M | 4M |
| Q3 2025 | 110 | 36M | 23 / 39 | 23 / 9 | 6M | 3M |
| Q2 2025 | 97 | 33M | 9 / 38 | 26 / 18 | 5M | 4M |
| Q1 2025 | 107 | 32M | 21 / 34 | 25 / 9 | 8M | 3M |
| Q4 2024 | 96 | 27M | 26 / 27 | 19 / 12 | 9M | 6M |
| Q3 2024 | 82 | 24M | 10 / 23 | 21 / 11 | 4M | 1M |
| Q2 2024 | 85 | 24M | 14 / 27 | 25 / 6 | 2M | 2M |
| Q1 2024 | 77 | 24M | 6 / 24 | 28 / 9 | 3M | 3M |
| Q4 2023 | 80 | 25M | 9 / 24 | 24 / 9 | 1M | 1M |
| Q3 2023 | 81 | 26M | 11 / 28 | 19 / 10 | 7M | 6M |
Top mutual fund and ETF holders
Latest monthly portfolio reports (Form N-PORT)
| Fund | Shares | % of CDZI | Value | % of fund | As of |
|---|---|---|---|---|---|
| Vanguard Total Stock Market Index Fund | 1,784,164 | – | $7.46M | 0.00% | Jun 30, 2026 |
| iShares Russell 2000 ETF | 1,462,812 | – | $6.11M | 0.01% | Jun 30, 2026 |
| Vanguard Extended Market Index Fund | 623,693 | – | $2.61M | 0.00% | Jun 30, 2026 |
| Fidelity Small Cap Index Fund | 616,811 | – | $1.84M | 0.01% | Jul 31, 2026 |
| iShares Russell 2000 Growth ETF | 537,622 | – | $2.25M | 0.01% | Jun 30, 2026 |
| Invesco S&P Global Water Index ETF | 398,327 | – | $1.19M | 0.11% | Jul 31, 2026 |
| Fidelity Extended Market Index Fund | 292,235 | – | $1.43M | 0.00% | May 31, 2026 |
| Vanguard Russell 2000 Index Fund | 287,196 | – | $1.40M | 0.01% | May 31, 2026 |
| iShares Micro-Cap ETF | 192,264 | – | $803.66K | 0.05% | Jun 30, 2026 |
| Schwab Small-Cap Index Fund | 139,797 | – | $417.99K | 0.01% | Jul 31, 2026 |
| Fidelity Total Market Index Fund | 101,811 | – | $496.84K | 0.00% | May 31, 2026 |
| Nuveen Equity Index Fund | 98,758 | – | $295.29K | 0.00% | Jul 31, 2026 |
| Master Small Cap Index Series | 95,258 | – | $398.18K | 0.01% | Jun 30, 2026 |
| Fidelity Series Total Market Index Fund | 83,839 | – | $409.13K | 0.00% | May 31, 2026 |
| Nuveen Small Cap Blend Index Fund | 68,485 | – | $204.77K | 0.01% | Jul 31, 2026 |
Officers, directors and major owners
People who filed Forms 3, 4 or 5 in the last two years
| Name | Role | Shares owned | Latest filing |
|---|---|---|---|
| Susan P. Kennedy | Chief Executive Officer, Director | 1,121,921 | Apr 10, 2026 |
| Jacinto J. Hernandez | Chief Financial Officer | 800,000 | Sep 11, 2026 |
| Cathryn Rivera | Chief Operating Officer | 145,000 | Jun 3, 2026 |
| Stanley E. Speer | Chief Financial Officer | 283,860 | Apr 10, 2026 |
| Maria S. Dreyfus | Director | 196,570 | Jul 2, 2026 |
| David Mark O'Hara | Director | 125,357 | Jul 2, 2026 |
| Kenneth T. Lombard | Director | 30,990 | Jul 2, 2026 |
| Maria Echaveste | Director | 45,730 | Jul 2, 2026 |
| Barbara A. Lloyd | Director | 29,491 | Jul 2, 2026 |
| Richard Garcia Polanco | Director | 28,155 | Jul 2, 2026 |
| Winston H. Hickox | Director | 269,933 | Jul 2, 2026 |
| Stephen E. Courter | Director | 81,592 | Jul 2, 2026 |
| International Group Services SA Heerema | 10% owner | 22,783,965 | Nov 6, 2024 |
Insider trades
Common stock transactions reported on Form 4, newest first
| Insider | Date | Transaction | Shares | Price | Value | Shares after |
|---|---|---|---|---|---|---|
| Jacinto J. Hernandez Chief Financial Officer | Sep 9, 2026 | Award | +800,000 | – | – | 800,000 |
| Barbara A. Lloyd Director | Jul 1, 2026 | Award | +1,116 | $4.20 | $4.69K | 29,491 |
| David Mark O'Hara Director | Jul 1, 2026 | Award | +4,464 | $4.20 | $18.75K | 125,357 |
| Maria S. Dreyfus Director | Jul 1, 2026 | Award | +4,464 | $4.20 | $18.75K | 196,570 |
| Barbara A. Lloyd Director | Jun 30, 2026 | Award | +6,103 | $4.10 | $25.02K | 28,375 |
| Maria Echaveste Director | Jun 30, 2026 | Award | +6,103 | $4.10 | $25.02K | 45,730 |
| Kenneth T. Lombard Director | Jun 30, 2026 | Award | +6,103 | $4.10 | $25.02K | 30,990 |
| David Mark O'Hara Director | Jun 30, 2026 | Award | +3,052 | $4.10 | $12.51K | 120,893 |
| Maria S. Dreyfus Director | Jun 30, 2026 | Award | +6,103 | $4.10 | $25.02K | 192,106 |
| Stephen E. Courter Director | Jun 30, 2026 | Award | +6,103 | $4.10 | $25.02K | 81,592 |
| Richard Garcia Polanco Director | Jun 30, 2026 | Award | +6,103 | $4.10 | $25.02K | 28,155 |
| Winston H. Hickox Director | Jun 30, 2026 | Award | +6,103 | $4.10 | $25.02K | 199,174 |
| David Mark O'Hara Director | May 26, 2026 | Buy | +110,865 | $4.58 | $507.76K | 117,841 |
| Cathryn Rivera Chief Operating Officer | May 20, 2026 | Sale | −2,500 | $4.33 | $10.83K | 145,000 |
| Susan P. Kennedy Chief Executive Officer, Director | Apr 8, 2026 | Award | +125,000 | – | – | 1,121,921 |
| Cathryn Rivera Chief Operating Officer | Apr 8, 2026 | Award | +10,000 | – | – | 147,500 |
| Stanley E. Speer Chief Financial Officer | Apr 8, 2026 | Award | +25,075 | – | – | 283,860 |
| David Mark O'Hara Director | Apr 1, 2026 | Award | +3,267 | $5.74 | $18.75K | 3,267 |
| David Mark O'Hara Director | Apr 1, 2026 | Award | +3,709 | $5.06 | $18.77K | 6,976 |
| Maria S. Dreyfus Director | Apr 1, 2026 | Award | +3,709 | $5.06 | $18.77K | 186,003 |
| Barbara A. Lloyd Director | Apr 1, 2026 | Award | +927 | $5.06 | $4.69K | 22,272 |
| Barbara A. Lloyd Director | Jan 2, 2026 | Award | +817 | $5.74 | $4.69K | 21,345 |
| Maria S. Dreyfus Director | Jan 2, 2026 | Award | +3,267 | $5.74 | $18.75K | 182,294 |
| Susan P. Kennedy Chief Executive Officer, Director | Oct 31, 2025 | Option exercise | +50,000 | – | – | 1,171,921 |
| Stanley E. Speer Chief Financial Officer | Oct 31, 2025 | Option exercise | +13,425 | – | – | 297,285 |
| Stanley E. Speer CFO | Oct 6, 2025 | Award | +141,600 | – | – | 258,785 |
| Maria S. Dreyfus Director | Oct 1, 2025 | Award | +4,223 | $4.44 | $18.75K | 179,027 |
| Barbara A. Lloyd Director | Oct 1, 2025 | Award | +1,056 | $4.44 | $4.69K | 20,528 |
| Barbara A. Lloyd Director | Jul 1, 2025 | Award | +1,552 | $3.02 | $4.69K | 19,472 |
| Maria S. Dreyfus Director | Jul 1, 2025 | Award | +6,209 | $3.02 | $18.75K | 174,804 |
| Barbara A. Lloyd Director | Jun 30, 2025 | Award | +8,212 | $3.04 | $24.96K | 17,920 |
| Maria S. Dreyfus Director | Jun 30, 2025 | Award | +8,212 | $3.04 | $24.96K | 168,595 |
| Kenneth T. Lombard Director | Jun 30, 2025 | Award | +8,212 | $3.04 | $24.96K | 24,887 |
| Stephen E. Courter Director | Jun 30, 2025 | Award | +8,212 | $3.04 | $24.96K | 75,489 |
| Maria Echaveste Director | Jun 30, 2025 | Award | +8,212 | $3.04 | $24.96K | 39,627 |
| Richard Garcia Polanco Director | Jun 30, 2025 | Award | +8,212 | $3.04 | $24.96K | 22,052 |
| Winston H. Hickox Director | Jun 30, 2025 | Award | +8,212 | $3.04 | $24.96K | 193,071 |
| Maria S. Dreyfus Director | Apr 1, 2025 | Award | +6,562 | $2.92 | $19.16K | 160,383 |
| Barbara A. Lloyd Director | Apr 1, 2025 | Award | +1,608 | $2.92 | $4.70K | 9,708 |
| Stanley E. Speer CFO | Feb 24, 2025 | Award | +37,477 | – | – | 117,185 |
| Maria S. Dreyfus Director | Jan 2, 2025 | Award | +3,585 | $5.23 | $18.75K | 153,821 |
| Barbara A. Lloyd Director | Jan 2, 2025 | Award | +896 | $5.23 | $4.69K | 8,100 |
| International Group Services SA Heerema 10% owner | Nov 5, 2024 | Buy | +2,070,000 | $3.34 | $6.91M | 22,783,965 |
| Barbara A. Lloyd Director | Oct 1, 2024 | Award | +1,589 | $2.95 | $4.69K | 7,204 |
| Maria S. Dreyfus Director | Oct 1, 2024 | Award | +6,356 | $2.95 | $18.75K | 150,236 |
| Cathryn Rivera Chief Operating Officer | Sep 16, 2024 | Award | +137,500 | – | – | 137,500 |
| Maria S. Dreyfus Director | Jul 1, 2024 | Award | +6,112 | $3.07 | $18.76K | 143,880 |
| Maria S. Dreyfus Director | Jul 1, 2024 | Award | +8,174 | $3.06 | $25.01K | 137,768 |
| de Macias Carolyn D. Webb Director | Jul 1, 2024 | Award | +8,174 | $3.06 | $25.01K | 33,815 |
| Stephen E. Courter Director | Jul 1, 2024 | Award | +8,174 | $3.06 | $25.01K | 67,277 |
| Maria Echaveste Director | Jul 1, 2024 | Award | +8,174 | $3.06 | $25.01K | 31,415 |
| Kenneth T. Lombard Director | Jul 1, 2024 | Award | +8,174 | $3.06 | $25.01K | 16,675 |
| Winston H. Hickox Director | Jul 1, 2024 | Award | +8,174 | $3.06 | $25.01K | 184,859 |
| Richard Garcia Polanco Director | Jul 1, 2024 | Award | +8,174 | $3.06 | $25.01K | 13,840 |
| Barbara A. Lloyd Director | Jul 1, 2024 | Award | +1,528 | $3.07 | $4.69K | 5,615 |
| Barbara A. Lloyd Director | Jul 1, 2024 | Award | +4,087 | $3.06 | $12.51K | 4,087 |
| Maria S. Dreyfus Director | Jun 24, 2024 | Award | +6,579 | $2.85 | $18.75K | 129,594 |
| Susan P. Kennedy CEO, Director | Apr 18, 2024 | Buy | +25,000 | $2.25 | $56.25K | 966,921 |
| Susan P. Kennedy CEO, Director | Apr 16, 2024 | Award | +700,000 | – | – | 941,921 |
| Susan P. Kennedy CEO, Director | Apr 11, 2024 | Award | +150,000 | – | – | 241,921 |
Awards, option exercises, tax withholding and gifts are shown alongside open-market buys and sales. Each name links to the filing on SEC EDGAR.