Empire State Realty Trust
ESRT
196 hedge funds and large institutions have $1.32B invested in Empire State Realty Trust in 2020 Q1 according to their latest regulatory filings, with 29 funds opening new positions, 84 increasing their positions, 61 reducing their positions, and 39 closing their positions.
38% more repeat investments, than reductions
Existing positions increased: 84 | Existing positions reduced: 61
1.63% less ownership
Funds ownership: 79.5% → 77.87% (-1.6%)
6% less funds holding
Funds holding: 208 → 196 (-12)
26% less first-time investments, than exits
New positions opened: 29 | Existing positions closed: 39
34% less capital invested
Capital invested by funds: $2.01B → $1.32B (-$689M)
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $133K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SAM
Southeastern Asset Management
Memphis,
Tennessee
|
+$84.8M |
| 2 |
VCM
V3 Capital Management
Dallas,
Texas
|
+$36.2M |
| 3 |
Cohen & Steers
New York
|
+$21.6M |
| 4 |
Goldman Sachs
New York
|
+$13.2M |
| 5 |
Legal & General Group
London,
United Kingdom
|
+$4.99M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
-$100M |
| 2 |
Janus Henderson Group
London,
United Kingdom
|
-$31.8M |
| 3 |
JP Morgan Chase
New York
|
-$11M |
| 4 |
AllianceBernstein
Nashville,
Tennessee
|
-$9.06M |
| 5 |
CIM
Centersquare Investment Management
Conshohocken,
Pennsylvania
|
-$9.04M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
226
Twin Tree Management
Dallas,
Texas
| – | -$20K | -1,451 | Closed |
|
227
KBC Group
Brussels,
Belgium
| – | -$15K | -1,063 | Closed |
|
|
HFM
228
Harvest Fund Management
Beijing,
China
| – | -$8K | -600 | Closed |
|
|
CWA
229
Capital Wealth Alliance
Scottsdale,
Arizona
| – | -$7K | -500 | Closed |
|
|
PA
230
Procyon Advisors
Shelton,
Connecticut
| – | -$4.89K | -400 | -92% |
|
|
ASN
231
Advisory Services Network
Atlanta,
Georgia
| – | -$1K | -56 | Closed |
|
|
LWM
232
Liberty Wealth Management
Oakland,
California
| – | +$12 | +1 | +10% |
|
ESRT Hedge Fund Activity: Q1 2020 in Review
196 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in Empire State Realty Trust (ESRT) for Q1 2020, worth a combined $1.32B — down 34% from $2.01B a quarter earlier.
Sellers outnumbered buyers: 39 funds closed out of ESRT and 29 opened new positions — a net loss of 10 holders — while 61 trimmed existing stakes and 84 added.
The largest buyer was Southeastern Asset Management, opening a new position worth an estimated $84.8M. The largest seller was Invesco, cutting an estimated $100M.
- 196 institutional investors held Empire State Realty Trust (ESRT) as of Q1 2020, down from 208 in Q4 2019.
- Funds reported $1.32B of Empire State Realty Trust stock for Q1 2020, down 34% quarter-over-quarter.
- 29 funds opened new Empire State Realty Trust positions in Q1 2020 and 39 closed out, a net change of -10 holders.
- The largest Empire State Realty Trust buyer in Q1 2020 was Southeastern Asset Management, an estimated $84.8M added.
- The largest Empire State Realty Trust seller in Q1 2020 was Invesco, an estimated $100M sold.
Based on aggregated 13F filings for Q1 2020.