AvalonBay Communities
508 hedge funds and large institutions have $23.3B invested in AvalonBay Communities in 2017 Q4 according to their latest regulatory filings, with 60 funds opening new positions, 190 increasing their positions, 167 reducing their positions, and 35 closing their positions.
71% more first-time investments, than exits
New positions opened: 60 | Existing positions closed: 35
31% more funds holding in top 10
Funds holding in top 10: 13 → 17 (+4)
14% more repeat investments, than reductions
Existing positions increased: 190 | Existing positions reduced: 167
5% more funds holding
Funds holding: 485 → 508 (+23)
1% less capital invested
Capital invested by funds: $23.6B → $23.3B (-$259M)
1.06% less ownership
Funds ownership: 95.83% → 94.77% (-1.1%)
57% less call options, than puts
Call options by funds: $46.5M | Put options by funds: $108M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
+$115M |
| 2 |
JP Morgan Chase
New York
|
+$111M |
| 3 |
Prudential Financial
Newark,
New Jersey
|
+$69.7M |
| 4 |
PI
PGGM Investments
Zeist,
Netherlands
|
+$63.7M |
| 5 |
Bank of New York Mellon
New York
|
+$55.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Cohen & Steers
New York
|
-$512M |
| 2 |
Daiwa Securities Group
Tokyo,
Japan
|
-$223M |
| 3 |
Invesco
Atlanta,
Georgia
|
-$73.9M |
| 4 |
Millennium Management
New York
|
-$56.6M |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
-$51.4M |
AVB Hedge Fund Activity: Q4 2017 in Review
508 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in AvalonBay Communities (AVB) for Q4 2017, worth a combined $23.3B — down 1.1% from $23.6B a quarter earlier.
Buyers outnumbered sellers: 60 funds opened new AVB positions and 35 closed out — a net gain of 25 holders — while 190 added to existing stakes and 167 trimmed.
The largest buyer was Citadel Advisors, adding an estimated $115M. The largest seller was Cohen & Steers, cutting an estimated $512M.
- 508 institutional investors held AvalonBay Communities (AVB) as of Q4 2017, up from 485 in Q3 2017.
- Funds reported $23.3B of AvalonBay Communities stock for Q4 2017, down 1.1% quarter-over-quarter.
- 60 funds opened new AvalonBay Communities positions in Q4 2017 and 35 closed out, a net change of +25 holders.
- The largest AvalonBay Communities buyer in Q4 2017 was Citadel Advisors, an estimated $115M added.
- The largest AvalonBay Communities seller in Q4 2017 was Cohen & Steers, an estimated $512M sold.
Based on aggregated 13F filings for Q4 2017.