AvalonBay Communities
483 hedge funds and large institutions have $24.1B invested in AvalonBay Communities in 2016 Q2 according to their latest regulatory filings, with 60 funds opening new positions, 197 increasing their positions, 153 reducing their positions, and 32 closing their positions.
88% more first-time investments, than exits
New positions opened: 60 | Existing positions closed: 32
29% more repeat investments, than reductions
Existing positions increased: 197 | Existing positions reduced: 153
5% more funds holding
Funds holding: 462 → 483 (+21)
3% less capital invested
Capital invested by funds: $24.8B → $24.1B (-$710M)
4.3% less ownership
Funds ownership: 101.97% → 97.67% (-4.3%)
15% less funds holding in top 10
Funds holding in top 10: 20 → 17 (-3)
29% less call options, than puts
Call options by funds: $62M | Put options by funds: $87.1M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$103M |
| 2 |
O
OppenheimerFunds
New York
|
+$89.3M |
| 3 |
Goldman Sachs
New York
|
+$75.7M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$73.2M |
| 5 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$66.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal London Asset Management
United Kingdom
|
-$1.14B |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
-$192M |
| 3 |
HRES
Heitman Real Estate Securities
Chicago,
Illinois
|
-$112M |
| 4 |
N
Nuveen
Charlotte,
North Carolina
|
-$82.4M |
| 5 |
Renaissance Technologies
New York
|
-$79.1M |
AVB Hedge Fund Activity: Q2 2016 in Review
483 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in AvalonBay Communities (AVB) for Q2 2016, worth a combined $24.1B — down 2.9% from $24.8B a quarter earlier.
Buyers outnumbered sellers: 60 funds opened new AVB positions and 32 closed out — a net gain of 28 holders — while 197 added to existing stakes and 153 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $103M. The largest seller was Royal London Asset Management, cutting an estimated $1.14B.
- 483 institutional investors held AvalonBay Communities (AVB) as of Q2 2016, up from 462 in Q1 2016.
- Funds reported $24.1B of AvalonBay Communities stock for Q2 2016, down 2.9% quarter-over-quarter.
- 60 funds opened new AvalonBay Communities positions in Q2 2016 and 32 closed out, a net change of +28 holders.
- The largest AvalonBay Communities buyer in Q2 2016 was Fidelity Investments, an estimated $103M added.
- The largest AvalonBay Communities seller in Q2 2016 was Royal London Asset Management, an estimated $1.14B sold.
Based on aggregated 13F filings for Q2 2016.