Equity Residential
509 hedge funds and large institutions have $21.7B invested in Equity Residential in 2018 Q1 according to their latest regulatory filings, with 56 funds opening new positions, 173 increasing their positions, 193 reducing their positions, and 79 closing their positions.
329% more call options, than puts
Call options by funds: $94.8M | Put options by funds: $22.1M
29% more funds holding in top 10
Funds holding in top 10: 14 → 18 (+4)
1% more ownership
Funds ownership: 94.52% → 95.52% (+1%)
2% less capital invested
Capital invested by funds: $22.1B → $21.7B (-$477M)
6% less funds holding
Funds holding: 539 → 509 (-30)
10% less repeat investments, than reductions
Existing positions increased: 173 | Existing positions reduced: 193
29% less first-time investments, than exits
New positions opened: 56 | Existing positions closed: 79
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Norges Bank
Oslo,
Norway
|
+$286M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$245M |
| 3 |
EVM
Eaton Vance Management
Boston,
Massachusetts
|
+$190M |
| 4 |
Morgan Stanley
New York
|
+$125M |
| 5 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$124M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Cohen & Steers
New York
|
-$207M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
-$180M |
| 3 |
Daiwa Securities Group
Tokyo,
Japan
|
-$127M |
| 4 |
JIM
Jupiter Investment Management
London,
United Kingdom
|
-$109M |
| 5 |
LIMS
Lasalle Investment Management Securities
Baltimore,
Maryland
|
-$91.4M |
EQR Hedge Fund Activity: Q1 2018 in Review
509 of the 4,363 institutional investors tracked by Wall St. Rank reported a position in Equity Residential (EQR) for Q1 2018, worth a combined $21.7B — down 2.2% from $22.1B a quarter earlier.
Sellers outnumbered buyers: 79 funds closed out of EQR and 56 opened new positions — a net loss of 23 holders — while 193 trimmed existing stakes and 173 added.
The largest buyer was Norges Bank, adding an estimated $286M. The largest seller was Cohen & Steers, cutting an estimated $207M.
- 509 institutional investors held Equity Residential (EQR) as of Q1 2018, down from 539 in Q4 2017.
- Funds reported $21.7B of Equity Residential stock for Q1 2018, down 2.2% quarter-over-quarter.
- 56 funds opened new Equity Residential positions in Q1 2018 and 79 closed out, a net change of -23 holders.
- The largest Equity Residential buyer in Q1 2018 was Norges Bank, an estimated $286M added.
- The largest Equity Residential seller in Q1 2018 was Cohen & Steers, an estimated $207M sold.
Based on aggregated 13F filings for Q1 2018.