Equity Residential
494 hedge funds and large institutions have $22.5B invested in Equity Residential in 2016 Q3 according to their latest regulatory filings, with 36 funds opening new positions, 166 increasing their positions, 196 reducing their positions, and 58 closing their positions.
128% more call options, than puts
Call options by funds: $92.3M | Put options by funds: $40.4M
1.12% more ownership
Funds ownership: 95.18% → 96.31% (+1.1%)
5% less funds holding
Funds holding: 520 → 494 (-26)
6% less capital invested
Capital invested by funds: $23.9B → $22.5B (-$1.44B)
15% less repeat investments, than reductions
Existing positions increased: 166 | Existing positions reduced: 196
18% less funds holding in top 10
Funds holding in top 10: 22 → 18 (-4)
38% less first-time investments, than exits
New positions opened: 36 | Existing positions closed: 58
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Cohen & Steers
New York
|
+$431M |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$329M |
| 3 |
LPC
Long Pond Capital
New York
|
+$216M |
| 4 |
Daiwa Securities Group
Tokyo,
Japan
|
+$205M |
| 5 |
Bank of New York Mellon
New York
|
+$97.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CIMLRA
CBRE Investment Management Listed Real Assets
Radnor,
Pennsylvania
|
-$192M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$163M |
| 3 |
Principal Financial Group
Des Moines,
Iowa
|
-$137M |
| 4 |
SCRM
Security Capital Research & Management
Chicago,
Illinois
|
-$136M |
| 5 |
EVM
Eaton Vance Management
Boston,
Massachusetts
|
-$132M |
EQR Hedge Fund Activity: Q3 2016 in Review
494 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Equity Residential (EQR) for Q3 2016, worth a combined $22.5B — down 6% from $23.9B a quarter earlier.
Sellers outnumbered buyers: 58 funds closed out of EQR and 36 opened new positions — a net loss of 22 holders — while 196 trimmed existing stakes and 166 added.
The largest buyer was Cohen & Steers, adding an estimated $431M. The largest seller was CBRE Investment Management Listed Real Assets, cutting an estimated $192M.
- 494 institutional investors held Equity Residential (EQR) as of Q3 2016, down from 520 in Q2 2016.
- Funds reported $22.5B of Equity Residential stock for Q3 2016, down 6% quarter-over-quarter.
- 36 funds opened new Equity Residential positions in Q3 2016 and 58 closed out, a net change of -22 holders.
- The largest Equity Residential buyer in Q3 2016 was Cohen & Steers, an estimated $431M added.
- The largest Equity Residential seller in Q3 2016 was CBRE Investment Management Listed Real Assets, an estimated $192M sold.
Based on aggregated 13F filings for Q3 2016.