Equity Residential
610 hedge funds and large institutions have $23.4B invested in Equity Residential in 2023 Q2 according to their latest regulatory filings, with 75 funds opening new positions, 209 increasing their positions, 216 reducing their positions, and 40 closing their positions.
88% more first-time investments, than exits
New positions opened: 75 | Existing positions closed: 40
25% more funds holding in top 10
Funds holding in top 10: 12 → 15 (+3)
13% more capital invested
Capital invested by funds: $20.7B → $23.4B (+$2.73B)
5% more funds holding
Funds holding: 579 → 610 (+31)
2.4% more ownership
Funds ownership: 91.26% → 93.66% (+2.4%)
0% more call options, than puts
Call options by funds: $38M | Put options by funds: $37.8M
3% less repeat investments, than reductions
Existing positions increased: 209 | Existing positions reduced: 216
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
+$267M |
| 2 |
CTC
Chai Trust Company
Chicago,
Illinois
|
+$262M |
| 3 |
DCP
D1 Capital Partners
New York
|
+$183M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
+$112M |
| 5 |
RC
Resolution Capital
Sydney, NSW,
Australia
|
+$100M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$88.8M |
| 2 |
LPC
Long Pond Capital
New York
|
-$73.3M |
| 3 |
BlackRock
New York
|
-$67.8M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$65M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
-$62.3M |
EQR Hedge Fund Activity: Q2 2023 in Review
610 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in Equity Residential (EQR) for Q2 2023, worth a combined $23.4B — up 13% from $20.7B a quarter earlier.
Buyers outnumbered sellers: 75 funds opened new EQR positions and 40 closed out — a net gain of 35 holders — while 209 added to existing stakes and 216 trimmed.
The largest buyer was JP Morgan Chase, adding an estimated $267M. The largest seller was Wellington Management Group, cutting an estimated $88.8M.
- 610 institutional investors held Equity Residential (EQR) as of Q2 2023, up from 579 in Q1 2023.
- Funds reported $23.4B of Equity Residential stock for Q2 2023, up 13% quarter-over-quarter.
- 75 funds opened new Equity Residential positions in Q2 2023 and 40 closed out, a net change of +35 holders.
- The largest Equity Residential buyer in Q2 2023 was JP Morgan Chase, an estimated $267M added.
- The largest Equity Residential seller in Q2 2023 was Wellington Management Group, an estimated $88.8M sold.
Based on aggregated 13F filings for Q2 2023.