Equity Residential
579 hedge funds and large institutions have $20.7B invested in Equity Residential in 2023 Q1 according to their latest regulatory filings, with 68 funds opening new positions, 231 increasing their positions, 189 reducing their positions, and 72 closing their positions.
22% more repeat investments, than reductions
Existing positions increased: 231 | Existing positions reduced: 189
21% more call options, than puts
Call options by funds: $36.6M | Put options by funds: $30.2M
3% more capital invested
Capital invested by funds: $20.2B → $20.7B (+$513M)
0.46% less ownership
Funds ownership: 91.71% → 91.26% (-0.46%)
6% less first-time investments, than exits
New positions opened: 68 | Existing positions closed: 72
3% less funds holding
Funds holding: 597 → 579 (-18)
20% less funds holding in top 10
Funds holding in top 10: 15 → 12 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$86.9M |
| 2 |
State Street
Boston,
Massachusetts
|
+$77.9M |
| 3 |
First Eagle Investment Management
New York
|
+$74.1M |
| 4 |
BlackRock
New York
|
+$54M |
| 5 |
PAM
Panagora Asset Management
Boston,
Massachusetts
|
+$52.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$127M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$94.7M |
| 3 |
HRES
Heitman Real Estate Securities
Chicago,
Illinois
|
-$89.5M |
| 4 |
JP Morgan Chase
New York
|
-$73.8M |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$60.1M |
EQR Hedge Fund Activity: Q1 2023 in Review
579 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Equity Residential (EQR) for Q1 2023, worth a combined $20.7B — up 2.5% from $20.2B a quarter earlier.
Sellers outnumbered buyers: 72 funds closed out of EQR and 68 opened new positions — a net loss of 4 holders — while 189 trimmed existing stakes and 231 added.
The largest buyer was T. Rowe Price Associates, adding an estimated $86.9M. The largest seller was Morgan Stanley, cutting an estimated $127M.
- 579 institutional investors held Equity Residential (EQR) as of Q1 2023, down from 597 in Q4 2022.
- Funds reported $20.7B of Equity Residential stock for Q1 2023, up 2.5% quarter-over-quarter.
- 68 funds opened new Equity Residential positions in Q1 2023 and 72 closed out, a net change of -4 holders.
- The largest Equity Residential buyer in Q1 2023 was T. Rowe Price Associates, an estimated $86.9M added.
- The largest Equity Residential seller in Q1 2023 was Morgan Stanley, an estimated $127M sold.
Based on aggregated 13F filings for Q1 2023.