AvalonBay Communities
AVB
523 hedge funds and large institutions have $19.2B invested in AvalonBay Communities in 2020 Q3 according to their latest regulatory filings, with 50 funds opening new positions, 165 increasing their positions, 226 reducing their positions, and 86 closing their positions.
195% more call options, than puts
Call options by funds: $129M | Put options by funds: $43.9M
5% less capital invested
Capital invested by funds: $20.2B → $19.2B (-$987M)
1.34% less ownership
Funds ownership: 92.84% → 91.5% (-1.3%)
7% less funds holding
Funds holding: 563 → 523 (-40)
18% less funds holding in top 10
Funds holding in top 10: 17 → 14 (-3)
27% less repeat investments, than reductions
Existing positions increased: 165 | Existing positions reduced: 226
42% less first-time investments, than exits
New positions opened: 50 | Existing positions closed: 86
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Viking Global Investors
Stamford,
Connecticut
|
+$391M |
| 2 |
Capital International Investors
Los Angeles,
California
|
+$273M |
| 3 |
JP Morgan Chase
New York
|
+$173M |
| 4 |
Canada Pension Plan Investment Board
Toronto Ontario,
Ontario, Canada
|
+$130M |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$124M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Parnassus Investments
San Francisco,
California
|
-$200M |
| 2 |
DCP
D1 Capital Partners
New York
|
-$128M |
| 3 |
ESCM
Echo Street Capital Management
New York
|
-$111M |
| 4 |
Invesco
Atlanta,
Georgia
|
-$110M |
| 5 |
BC
Brookfield Corp
Toronto,
Ontario, Canada
|
-$106M |
AVB Hedge Fund Activity: Q3 2020 in Review
523 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in AvalonBay Communities (AVB) for Q3 2020, worth a combined $19.2B — down 4.9% from $20.2B a quarter earlier.
Sellers outnumbered buyers: 86 funds closed out of AVB and 50 opened new positions — a net loss of 36 holders — while 226 trimmed existing stakes and 165 added.
The largest buyer was Viking Global Investors, opening a new position worth an estimated $391M. The largest seller was Parnassus Investments, exiting entirely with an estimated $200M sold.
- 523 institutional investors held AvalonBay Communities (AVB) as of Q3 2020, down from 563 in Q2 2020.
- Funds reported $19.2B of AvalonBay Communities stock for Q3 2020, down 4.9% quarter-over-quarter.
- 50 funds opened new AvalonBay Communities positions in Q3 2020 and 86 closed out, a net change of -36 holders.
- The largest AvalonBay Communities buyer in Q3 2020 was Viking Global Investors, an estimated $391M added.
- The largest AvalonBay Communities seller in Q3 2020 was Parnassus Investments, an estimated $200M sold.
Based on aggregated 13F filings for Q3 2020.