AvalonBay Communities
709 hedge funds and large institutions have $24.9B invested in AvalonBay Communities in 2023 Q4 according to their latest regulatory filings, with 118 funds opening new positions, 243 increasing their positions, 247 reducing their positions, and 45 closing their positions.
162% more first-time investments, than exits
New positions opened: 118 | Existing positions closed: 45
50% more funds holding in top 10
Funds holding in top 10: 10 → 15 (+5)
10% more funds holding
Funds holding: 645 → 709 (+64)
10% more capital invested
Capital invested by funds: $22.7B → $24.9B (+$2.24B)
0.87% more ownership
Funds ownership: 92.84% → 93.7% (+0.87%)
2% less repeat investments, than reductions
Existing positions increased: 243 | Existing positions reduced: 247
46% less call options, than puts
Call options by funds: $63.3M | Put options by funds: $117M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$228M |
| 2 |
Norges Bank
Oslo,
Norway
|
+$103M |
| 3 |
BlackRock
New York
|
+$84.3M |
| 4 |
Janus Henderson Group
London,
United Kingdom
|
+$77.7M |
| 5 |
State Street
Boston,
Massachusetts
|
+$65.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ESCM
Echo Street Capital Management
New York
|
-$231M |
| 2 |
JP Morgan Chase
New York
|
-$174M |
| 3 |
CIM
Centersquare Investment Management
Conshohocken,
Pennsylvania
|
-$154M |
| 4 |
CIBC Private Wealth Group
Atlanta,
Georgia
|
-$88.9M |
| 5 |
Northern Trust
Chicago,
Illinois
|
-$72.7M |
AVB Hedge Fund Activity: Q4 2023 in Review
709 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in AvalonBay Communities (AVB) for Q4 2023, worth a combined $24.9B — up 9.9% from $22.7B a quarter earlier.
Buyers outnumbered sellers: 118 funds opened new AVB positions and 45 closed out — a net gain of 73 holders — while 243 added to existing stakes and 247 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $228M. The largest seller was Echo Street Capital Management, exiting entirely with an estimated $231M sold.
- 709 institutional investors held AvalonBay Communities (AVB) as of Q4 2023, up from 645 in Q3 2023.
- Funds reported $24.9B of AvalonBay Communities stock for Q4 2023, up 9.9% quarter-over-quarter.
- 118 funds opened new AvalonBay Communities positions in Q4 2023 and 45 closed out, a net change of +73 holders.
- The largest AvalonBay Communities buyer in Q4 2023 was Morgan Stanley, an estimated $228M added.
- The largest AvalonBay Communities seller in Q4 2023 was Echo Street Capital Management, an estimated $231M sold.
Based on aggregated 13F filings for Q4 2023.