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Equity Residential

595 hedge funds and large institutions have $28.2B invested in Equity Residential in 2019 Q4 according to their latest regulatory filings, with 95 funds opening new positions, 193 increasing their positions, 195 reducing their positions, and 56 closing their positions.

New
Increased
Maintained
Reduced
Closed

299% more call options, than puts

Call options by funds: $74.1M | Put options by funds: $18.6M

70% more first-time investments, than exits

New positions opened: 95 | Existing positions closed: 56

5% more funds holding

Funds holding: 566595 (+29)

1% less repeat investments, than reductions

Existing positions increased: 193 | Existing positions reduced: 195

1.05% less ownership

Funds ownership: 94.79%93.75% (-1%)

7% less capital invested

Capital invested by funds: $30.3B → $28.2B (-$2.15B)

25% less funds holding in top 10

Funds holding in top 10: 2015 (-5)

Holders
595
Holders Change
+29
Holders Change %
+5.12%
% of All Funds
11.72%
Holding in Top 10
15
Holding in Top 10 Change
-5
Holding in Top 10 Change %
-25%
% of All Funds
0.3%
New
95
Increased
193
Reduced
195
Closed
56
Calls
$74.1M
Puts
$18.6M
Net Calls
+$55.5M
Net Calls Change
+$5.53M
Name Holding Trade Value Shares
Change
Change in
Stake
Vanguard Group
1
Vanguard Group
Pennsylvania
$3.9B +$32.2M +378,600 +0.8%
BlackRock
2
BlackRock
New York
$3.33B +$186M +2,187,613 +6%
State Street
3
State Street
Massachusetts
$1.95B -$156M -1,830,358 -7%
Norges Bank
4
Norges Bank
Norway
$1.93B +$295M +3,464,214 +17%
AAMU
5
APG Asset Management US
New York
$1.13B -$24.9M -293,000 -2%
T. Rowe Price Associates
6
T. Rowe Price Associates
Maryland
$915M -$60.3M -708,636 -6%
Macquarie Group
7
Macquarie Group
Australia
$882M +$76.9M +903,722 +9%
Fidelity Investments
8
Fidelity Investments
Massachusetts
$879M -$95.8M -1,125,185 -9%
Cohen & Steers
9
Cohen & Steers
New York
$589M -$350M -4,110,585 -36%
Geode Capital Management
10
Geode Capital Management
Massachusetts
$562M +$30.3M +356,136 +5%
Northern Trust
11
Northern Trust
Illinois
$548M -$3.62M -42,522 -0.6%
PI
12
PGGM Investments
Netherlands
$520M +$88.4M +1,039,114 +19%
Boston Partners
13
Boston Partners
Massachusetts
$463M +$4M +46,984 +0.8%
Dimensional Fund Advisors
14
Dimensional Fund Advisors
Texas
$447M -$2.54M -29,885 -0.5%
Charles Schwab
15
Charles Schwab
California
$367M +$10.6M +124,465 +3%
Legal & General Group
16
Legal & General Group
United Kingdom
$355M +$6.81M +80,059 +2%
RC
17
Resolution Capital
Australia
$324M -$68M -798,740 -17%
Invesco
18
Invesco
Georgia
$322M -$107M -1,261,996 -24%
Morgan Stanley
19
Morgan Stanley
New York
$317M +$1.77M +20,781 +0.5%
N
20
Nuveen
North Carolina
$315M +$25.7M +301,806 +8%
JP Morgan Chase
21
JP Morgan Chase
New York
$313M -$65M -764,225 -16%
CIM
22
Centersquare Investment Management
Pennsylvania
$311M -$79.3M -931,869 -20%
Deutsche Bank
23
Deutsche Bank
Germany
$287M -$11.5M -135,337 -4%
Goldman Sachs
24
Goldman Sachs
New York
$270M -$42.7M -501,665 -13%
Bank of New York Mellon
25
Bank of New York Mellon
New York
$261M -$25.7M -301,474 -9%

EQR Hedge Fund Activity: Q4 2019 in Review

595 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in Equity Residential (EQR) for Q4 2019, worth a combined $28.2B — down 7.1% from $30.3B a quarter earlier.

Buyers outnumbered sellers: 95 funds opened new EQR positions and 56 closed out — a net gain of 39 holders — while 193 added to existing stakes and 195 trimmed.

The largest buyer was Norges Bank, adding an estimated $295M. The largest seller was Cohen & Steers, cutting an estimated $350M.

  • 595 institutional investors held Equity Residential (EQR) as of Q4 2019, up from 566 in Q3 2019.
  • Funds reported $28.2B of Equity Residential stock for Q4 2019, down 7.1% quarter-over-quarter.
  • 95 funds opened new Equity Residential positions in Q4 2019 and 56 closed out, a net change of +39 holders.
  • The largest Equity Residential buyer in Q4 2019 was Norges Bank, an estimated $295M added.
  • The largest Equity Residential seller in Q4 2019 was Cohen & Steers, an estimated $350M sold.

Based on aggregated 13F filings for Q4 2019.