AvalonBay Communities
397 hedge funds and large institutions have $16.7B invested in AvalonBay Communities in 2014 Q1 according to their latest regulatory filings, with 44 funds opening new positions, 142 increasing their positions, 148 reducing their positions, and 33 closing their positions.
59% more call options, than puts
Call options by funds: $81.2M | Put options by funds: $51M
43% more funds holding in top 10
Funds holding in top 10: 14 → 20 (+6)
33% more first-time investments, than exits
New positions opened: 44 | Existing positions closed: 33
12% more capital invested
Capital invested by funds: $15B → $16.7B (+$1.75B)
2% more funds holding
Funds holding: 389 → 397 (+8)
0.6% more ownership
Funds ownership: 97.68% → 98.28% (+0.6%)
4% less repeat investments, than reductions
Existing positions increased: 142 | Existing positions reduced: 148
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PI
PGGM Investments
Zeist,
Netherlands
|
+$176M |
| 2 |
JP Morgan Chase
New York
|
+$157M |
| 3 |
CIMLRA
CBRE Investment Management Listed Real Assets
Radnor,
Pennsylvania
|
+$85.8M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$75.4M |
| 5 |
WCM
Wedge Capital Management
Charlotte,
North Carolina
|
+$66.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Daiwa Securities Group
Tokyo,
Japan
|
-$174M |
| 2 |
Cohen & Steers
New York
|
-$168M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
-$103M |
| 4 |
ACI
AMP Capital Investors
Sydney,
Australia
|
-$60.2M |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
-$46.9M |
AVB Hedge Fund Activity: Q1 2014 in Review
397 of the 3,462 institutional investors tracked by Wall St. Rank reported a position in AvalonBay Communities (AVB) for Q1 2014, worth a combined $16.7B — up 12% from $15B a quarter earlier.
Buyers outnumbered sellers: 44 funds opened new AVB positions and 33 closed out — a net gain of 11 holders — while 142 added to existing stakes and 148 trimmed.
The largest buyer was PGGM Investments, opening a new position worth an estimated $176M. The largest seller was Daiwa Securities Group, cutting an estimated $174M.
- 397 institutional investors held AvalonBay Communities (AVB) as of Q1 2014, up from 389 in Q4 2013.
- Funds reported $16.7B of AvalonBay Communities stock for Q1 2014, up 12% quarter-over-quarter.
- 44 funds opened new AvalonBay Communities positions in Q1 2014 and 33 closed out, a net change of +11 holders.
- The largest AvalonBay Communities buyer in Q1 2014 was PGGM Investments, an estimated $176M added.
- The largest AvalonBay Communities seller in Q1 2014 was Daiwa Securities Group, an estimated $174M sold.
Based on aggregated 13F filings for Q1 2014.