AvalonBay Communities
AVB
645 hedge funds and large institutions have $22.7B invested in AvalonBay Communities in 2023 Q3 according to their latest regulatory filings, with 77 funds opening new positions, 257 increasing their positions, 198 reducing their positions, and 68 closing their positions.
30% more repeat investments, than reductions
Existing positions increased: 257 | Existing positions reduced: 198
13% more first-time investments, than exits
New positions opened: 77 | Existing positions closed: 68
1% more funds holding
Funds holding: 641 → 645 (+4)
0.43% less ownership
Funds ownership: 93.27% → 92.84% (-0.43%)
9% less capital invested
Capital invested by funds: $25.1B → $22.7B (-$2.38B)
29% less funds holding in top 10
Funds holding in top 10: 14 → 10 (-4)
42% less call options, than puts
Call options by funds: $61.5M | Put options by funds: $105M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$96.1M |
| 2 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
+$65.7M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
+$63.1M |
| 4 |
CIMLRA
CBRE Investment Management Listed Real Assets
Radnor,
Pennsylvania
|
+$50M |
| 5 |
Robeco Institutional Asset Management
Rotterdam,
Netherlands
|
+$31.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
-$155M |
| 2 |
DCP
D1 Capital Partners
New York
|
-$153M |
| 3 |
State Street
Boston,
Massachusetts
|
-$114M |
| 4 |
JP Morgan Chase
New York
|
-$84.3M |
| 5 |
HRES
Heitman Real Estate Securities
Chicago,
Illinois
|
-$63.9M |
AVB Hedge Fund Activity: Q3 2023 in Review
645 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in AvalonBay Communities (AVB) for Q3 2023, worth a combined $22.7B — down 9.5% from $25.1B a quarter earlier.
Buyers outnumbered sellers: 77 funds opened new AVB positions and 68 closed out — a net gain of 9 holders — while 257 added to existing stakes and 198 trimmed.
The largest buyer was T. Rowe Price Associates, adding an estimated $96.1M. The largest seller was Invesco, cutting an estimated $155M.
- 645 institutional investors held AvalonBay Communities (AVB) as of Q3 2023, up from 641 in Q2 2023.
- Funds reported $22.7B of AvalonBay Communities stock for Q3 2023, down 9.5% quarter-over-quarter.
- 77 funds opened new AvalonBay Communities positions in Q3 2023 and 68 closed out, a net change of +9 holders.
- The largest AvalonBay Communities buyer in Q3 2023 was T. Rowe Price Associates, an estimated $96.1M added.
- The largest AvalonBay Communities seller in Q3 2023 was Invesco, an estimated $155M sold.
Based on aggregated 13F filings for Q3 2023.