AvalonBay Communities
AVB
641 hedge funds and large institutions have $25.1B invested in AvalonBay Communities in 2023 Q2 according to their latest regulatory filings, with 72 funds opening new positions, 251 increasing their positions, 206 reducing their positions, and 63 closing their positions.
22% more repeat investments, than reductions
Existing positions increased: 251 | Existing positions reduced: 206
14% more first-time investments, than exits
New positions opened: 72 | Existing positions closed: 63
13% more capital invested
Capital invested by funds: $22.1B → $25.1B (+$2.91B)
8% more funds holding in top 10
Funds holding in top 10: 13 → 14 (+1)
1% more funds holding
Funds holding: 634 → 641 (+7)
0.81% less ownership
Funds ownership: 94.07% → 93.27% (-0.81%)
8% less call options, than puts
Call options by funds: $70.2M | Put options by funds: $76.7M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
+$212M |
| 2 |
DCP
D1 Capital Partners
New York
|
+$144M |
| 3 |
JP Morgan Chase
New York
|
+$69.1M |
| 4 |
ESCM
Echo Street Capital Management
New York
|
+$52.2M |
| 5 |
Goldman Sachs
New York
|
+$51.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPC
Long Pond Capital
New York
|
-$118M |
| 2 |
Morgan Stanley
New York
|
-$65.5M |
| 3 |
Invesco
Atlanta,
Georgia
|
-$59.1M |
| 4 |
SSA
Schonfeld Strategic Advisors
New York
|
-$48.8M |
| 5 |
ZP
Zimmer Partners
New York
|
-$46.2M |
AVB Hedge Fund Activity: Q2 2023 in Review
641 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in AvalonBay Communities (AVB) for Q2 2023, worth a combined $25.1B — up 13% from $22.1B a quarter earlier.
Buyers outnumbered sellers: 72 funds opened new AVB positions and 63 closed out — a net gain of 9 holders — while 251 added to existing stakes and 206 trimmed.
The largest buyer was Wellington Management Group, adding an estimated $212M. The largest seller was Long Pond Capital, exiting entirely with an estimated $118M sold.
- 641 institutional investors held AvalonBay Communities (AVB) as of Q2 2023, up from 634 in Q1 2023.
- Funds reported $25.1B of AvalonBay Communities stock for Q2 2023, up 13% quarter-over-quarter.
- 72 funds opened new AvalonBay Communities positions in Q2 2023 and 63 closed out, a net change of +9 holders.
- The largest AvalonBay Communities buyer in Q2 2023 was Wellington Management Group, an estimated $212M added.
- The largest AvalonBay Communities seller in Q2 2023 was Long Pond Capital, an estimated $118M sold.
Based on aggregated 13F filings for Q2 2023.