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Equity Residential

530 hedge funds and large institutions have $21.6B invested in Equity Residential in 2018 Q2 according to their latest regulatory filings, with 61 funds opening new positions, 165 increasing their positions, 203 reducing their positions, and 35 closing their positions.

New
Increased
Maintained
Reduced
Closed

208% more call options, than puts

Call options by funds: $79M | Put options by funds: $25.7M

74% more first-time investments, than exits

New positions opened: 61 | Existing positions closed: 35

4% more funds holding

Funds holding: 509530 (+21)

0% less capital invested

Capital invested by funds: $21.7B → $21.6B (-$29.3M)

3.23% less ownership

Funds ownership: 95.52%92.28% (-3.2%)

19% less repeat investments, than reductions

Existing positions increased: 165 | Existing positions reduced: 203

22% less funds holding in top 10

Funds holding in top 10: 1814 (-4)

Holders
530
Holders Change
+21
Holders Change %
+4.13%
% of All Funds
12.13%
Holding in Top 10
14
Holding in Top 10 Change
-4
Holding in Top 10 Change %
-22.22%
% of All Funds
0.32%
New
61
Increased
165
Reduced
203
Closed
35
Calls
$79M
Puts
$25.7M
Net Calls
+$53.3M
Net Calls Change
-$19.4M
Name Holding Trade Value Shares
Change
Change in
Stake
Vanguard Group
1
Vanguard Group
Pennsylvania
$3B -$186M -2,981,808 -6%
BlackRock
2
BlackRock
New York
$2.43B +$140M +2,247,512 +6%
State Street
3
State Street
Massachusetts
$1.29B -$36.3M -581,896 -3%
Norges Bank
4
Norges Bank
Norway
$1.11B +$579M +9,289,342 +114%
T. Rowe Price Associates
5
T. Rowe Price Associates
Maryland
$1.07B -$57.5M -922,174 -5%
AAMU
6
APG Asset Management US
New York
$972M +$4.36M +70,000 +0.5%
Macquarie Group
7
Macquarie Group
Australia
$754M -$1.73M -27,831 -0.2%
Fidelity Investments
8
Fidelity Investments
Massachusetts
$679M +$32.4M +520,610 +5%
Invesco
9
Invesco
Georgia
$432M -$182M -2,914,427 -30%
Northern Trust
10
Northern Trust
Illinois
$421M -$10.1M -161,538 -2%
Boston Partners
11
Boston Partners
Massachusetts
$410M +$178M +2,862,717 +80%
PI
12
PGGM Investments
Netherlands
$383M
Deutsche Bank
13
Deutsche Bank
Germany
$373M +$84.7M +1,359,074 +30%
JP Morgan Chase
14
JP Morgan Chase
New York
$362M -$9.93M -159,342 -3%
LIMS
15
Lasalle Investment Management Securities
Maryland
$358M -$35.5M -569,383 -9%
Dimensional Fund Advisors
16
Dimensional Fund Advisors
Texas
$353M +$4.45M +71,485 +1%
Geode Capital Management
17
Geode Capital Management
Massachusetts
$331M +$30.5M +489,614 +10%
Morgan Stanley
18
Morgan Stanley
New York
$330M -$240M -3,854,015 -43%
Goldman Sachs
19
Goldman Sachs
New York
$291M +$26.8M +430,262 +10%
CIMLRA
20
CBRE Investment Management Listed Real Assets
Pennsylvania
$286M +$30.3M +485,777 +12%
Charles Schwab
21
Charles Schwab
California
$243M +$9.4M +150,836 +4%
RC
22
Resolution Capital
Australia
$228M +$76.4M +1,225,200 +52%
Cohen & Steers
23
Cohen & Steers
New York
$216M -$553M -8,880,880 -72%
Legal & General Group
24
Legal & General Group
United Kingdom
$212M -$865K -13,886 -0.4%
Bank of New York Mellon
25
Bank of New York Mellon
New York
$205M -$4.37M -70,179 -2%

EQR Hedge Fund Activity: Q2 2018 in Review

530 of the 4,368 institutional investors tracked by Wall St. Rank reported a position in Equity Residential (EQR) for Q2 2018, worth a combined $21.6B — down 0.14% from $21.7B a quarter earlier.

Buyers outnumbered sellers: 61 funds opened new EQR positions and 35 closed out — a net gain of 26 holders — while 165 added to existing stakes and 203 trimmed.

The largest buyer was Norges Bank, adding an estimated $579M. The largest seller was Cohen & Steers, cutting an estimated $553M.

  • 530 institutional investors held Equity Residential (EQR) as of Q2 2018, up from 509 in Q1 2018.
  • Funds reported $21.6B of Equity Residential stock for Q2 2018, down 0.14% quarter-over-quarter.
  • 61 funds opened new Equity Residential positions in Q2 2018 and 35 closed out, a net change of +26 holders.
  • The largest Equity Residential buyer in Q2 2018 was Norges Bank, an estimated $579M added.
  • The largest Equity Residential seller in Q2 2018 was Cohen & Steers, an estimated $553M sold.

Based on aggregated 13F filings for Q2 2018.