HGI Capital Management’s Empire State Realty Trust ESRT Stock Holding History

HGI Capital Management’s Portfolio ESRT Stock Details ESRT Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2025 Q3	–	Sell	-494,696	Closed	-$4M	–	25
2025 Q2	$4M	Buy	+494,696	New	+$3.79M	5.42%	3
2023 Q4	–	Sell	-41,692	Closed	-$335K	–	48
2023 Q3	$335K	Sell	41,692 -143,618	-78%	-$1.2M	0.38%	37
2023 Q2	$1.39M	Buy	+185,310	New	+$1.17M	0.67%	37
2021 Q3	–	Sell	-518,021	Closed	-$6.22M	–	69
2021 Q2	$6.22M	Hold	518,021	–	–	2.16%	10
2021 Q1	$5.77M	Sell	518,021 -11,676	-2%	-$122K	2.45%	13
2020 Q4	$4.94M	Sell	529,697 -557,858	-51%	-$4.4M	2.31%	14
2020 Q3	$6.66M	Buy	+1,087,555	New	+$7.06M	3.91%	5
2019 Q2	–	Sell	-460,835	Closed	-$7.28M	–	71
2019 Q1	$7.28M	Buy	460,835 +211,607	+85%	+$3.25M	3.83%	5
2018 Q4	$3.55M	Buy	+249,228	New	+$3.9M	3.03%	7
2016 Q2	–	Sell	-140,469	Closed	-$2.46M	–	31
2016 Q1	$2.46M	Buy	+140,469	New	+$2.32M	3.93%	14

Other funds holding ESRT

Vanguard Group Malvern, Pennsylvania $6.9T AUM 27.45% 1-Year Est. Return

BlackRock New York $5.72T AUM 30.48% 1-Year Est. Return

Ameriprise Minneapolis, Minnesota $432B AUM 30.22% 1-Year Est. Return

Resolution Capital Sydney, NSW, Australia $4.76B AUM 10.22% 1-Year Est. Return

State Street Boston, Massachusetts $2.9T AUM 29.55% 1-Year Est. Return

Principal Financial Group Des Moines, Iowa $187B AUM 18.48% 1-Year Est. Return

T. Rowe Price Investment Management Baltimore, Maryland $145B AUM 22.78% 1-Year Est. Return

Geode Capital Management Boston, Massachusetts $1.61T AUM 30.72% 1-Year Est. Return

CIM

Centersquare Investment Management Conshohocken, Pennsylvania $9.67B AUM 5.55% 1-Year Est. Return

Charles Schwab San Francisco, California $654B AUM 26.35% 1-Year Est. Return

HGI Capital Management's ESRT Position: Q3 2025 in Review

HGI Capital Management sold out of Empire State Realty Trust (ESRT) in Q3 2025, closing a stake of 494,696 shares — an estimated $4M sold.

HGI Capital Management first reported a position in ESRT in Q1 2016 and held it in 10 quarters. The position peaked at $7.28M in Q1 2019. 219 funds tracked by Wall St. Rank hold ESRT as of Q3 2025.

HGI Capital Management reported no remaining Empire State Realty Trust position as of Q3 2025 after selling out during the quarter.
HGI Capital Management sold 494,696 Empire State Realty Trust shares in Q3 2025, an estimated $4M.
HGI Capital Management first reported a position in Empire State Realty Trust in Q1 2016 and held it in 10 quarters.
HGI Capital Management's Empire State Realty Trust position peaked at $7.28M in Q1 2019.
219 funds tracked by Wall St. Rank held Empire State Realty Trust as of Q3 2025.

Based on HGI Capital Management's 13F filing for Q3 2025, filed 14 Nov 2025.