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Equity Residential

539 hedge funds and large institutions have $22.1B invested in Equity Residential in 2017 Q4 according to their latest regulatory filings, with 79 funds opening new positions, 192 increasing their positions, 178 reducing their positions, and 34 closing their positions.

New
Increased
Maintained
Reduced
Closed

132% more first-time investments, than exits

New positions opened: 79 | Existing positions closed: 34

124% more call options, than puts

Call options by funds: $54.6M | Put options by funds: $24.4M

8% more funds holding

Funds holding: 501539 (+38)

8% more repeat investments, than reductions

Existing positions increased: 192 | Existing positions reduced: 178

0.5% less ownership

Funds ownership: 95.02%94.52% (-0.5%)

4% less capital invested

Capital invested by funds: $23B → $22.1B (-$865M)

22% less funds holding in top 10

Funds holding in top 10: 1814 (-4)

Holders
539
Holders Change
+38
Holders Change %
+7.58%
% of All Funds
12.22%
Holding in Top 10
14
Holding in Top 10 Change
-4
Holding in Top 10 Change %
-22.22%
% of All Funds
0.32%
New
79
Increased
192
Reduced
178
Closed
34
Calls
$54.6M
Puts
$24.4M
Net Calls
+$30.2M
Net Calls Change
+$5.93M
Name Holding Trade Value Shares
Change
Change in
Stake
Vanguard Group
1
Vanguard Group
Pennsylvania
$3.38B +$17.8M +267,175 +0.5%
BlackRock
2
BlackRock
New York
$2.3B +$22.8M +341,071 +1%
State Street
3
State Street
Massachusetts
$1.37B +$10.1M +151,857 +0.7%
Cohen & Steers
4
Cohen & Steers
New York
$1.01B +$81.8M +1,224,922 +8%
T. Rowe Price Associates
5
T. Rowe Price Associates
Maryland
$994M +$15.8M +237,305 +2%
AAMU
6
APG Asset Management US
New York
$964M +$4.11M +61,600 +0.4%
Macquarie Group
7
Macquarie Group
Australia
$686M -$28.5M -427,021 -4%
Invesco
8
Invesco
Georgia
$575M -$105M -1,565,780 -15%
Daiwa Securities Group
9
Daiwa Securities Group
Japan
$497M +$5.11M +76,542 +1%
LIMS
10
Lasalle Investment Management Securities
Maryland
$493M -$44.5M -666,153 -8%
Morgan Stanley
11
Morgan Stanley
New York
$443M -$34.9M -522,864 -7%
PI
12
PGGM Investments
Netherlands
$425M -$40.5M -606,978 -8%
Northern Trust
13
Northern Trust
Illinois
$418M +$8.03M +120,322 +2%
Fidelity Investments
14
Fidelity Investments
Massachusetts
$384M -$39.6M -592,960 -9%
JP Morgan Chase
15
JP Morgan Chase
New York
$376M +$162M +2,428,649 +70%
Dimensional Fund Advisors
16
Dimensional Fund Advisors
Texas
$340M +$8.64M +129,484 +2%
Goldman Sachs
17
Goldman Sachs
New York
$321M -$29.2M -437,394 -8%
Geode Capital Management
18
Geode Capital Management
Massachusetts
$278M +$10.7M +160,876 +4%
Bank of New York Mellon
19
Bank of New York Mellon
New York
$233M -$33.3M -499,581 -12%
Deutsche Bank
20
Deutsche Bank
Germany
$230M +$7.59M +113,763 +3%
Charles Schwab
21
Charles Schwab
California
$219M +$11.6M +173,536 +5%
Legal & General Group
22
Legal & General Group
United Kingdom
$216M +$3.46M +51,878 +2%
Norges Bank
23
Norges Bank
Norway
$212M -$510K -7,645 -0.2%
EVM
24
Eaton Vance Management
Massachusetts
$209M +$2.18M +32,724 +1%
ACM
25
AEW Capital Management
Massachusetts
$205M -$6.88M -103,100 -3%

EQR Hedge Fund Activity: Q4 2017 in Review

539 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in Equity Residential (EQR) for Q4 2017, worth a combined $22.1B — down 3.8% from $23B a quarter earlier.

Buyers outnumbered sellers: 79 funds opened new EQR positions and 34 closed out — a net gain of 45 holders — while 192 added to existing stakes and 178 trimmed.

The largest buyer was JP Morgan Chase, adding an estimated $162M. The largest seller was Invesco, cutting an estimated $105M.

  • 539 institutional investors held Equity Residential (EQR) as of Q4 2017, up from 501 in Q3 2017.
  • Funds reported $22.1B of Equity Residential stock for Q4 2017, down 3.8% quarter-over-quarter.
  • 79 funds opened new Equity Residential positions in Q4 2017 and 34 closed out, a net change of +45 holders.
  • The largest Equity Residential buyer in Q4 2017 was JP Morgan Chase, an estimated $162M added.
  • The largest Equity Residential seller in Q4 2017 was Invesco, an estimated $105M sold.

Based on aggregated 13F filings for Q4 2017.