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Empire State Realty Trust

203 hedge funds and large institutions have $2.17B invested in Empire State Realty Trust in 2018 Q1 according to their latest regulatory filings, with 38 funds opening new positions, 84 increasing their positions, 52 reducing their positions, and 18 closing their positions.

New
Increased
Maintained
Reduced
Closed

111% more first-time investments, than exits

New positions opened: 38 | Existing positions closed: 18

62% more repeat investments, than reductions

Existing positions increased: 84 | Existing positions reduced: 52

50% more funds holding in top 10

Funds holding in top 10: 23 (+1)

10% more funds holding

Funds holding: 185203 (+18)

5.01% less ownership

Funds ownership: 84.57%79.56% (-5%)

21% less capital invested

Capital invested by funds: $2.75B → $2.17B (-$578M)

100% less call options, than puts

Call options by funds: $0 | Put options by funds: $15K

Holders
203
Holders Change
+18
Holders Change %
+9.73%
% of All Funds
4.65%
Holding in Top 10
3
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+50%
% of All Funds
0.07%
New
38
Increased
84
Reduced
52
Closed
18
Calls
Puts
$15K
Net Calls
-$15K
Net Calls Change
-$11K
Name Holding Trade Value Shares
Change
Change in
Stake
Legal & General Group
26
Legal & General Group
United Kingdom
$20.8M +$3.14M +173,394 +16%
Geode Capital Management
27
Geode Capital Management
Massachusetts
$19.7M +$419K +23,132 +2%
Goldman Sachs
28
Goldman Sachs
New York
$19M +$7.11M +392,918 +53%
Man Group
29
Man Group
United Kingdom
$17.5M +$18.9M +1,044,463 New
T. Rowe Price Associates
30
T. Rowe Price Associates
Maryland
$16.4M -$4.93M -272,531 -22%
REMS
31
Real Estate Management Services
$16.3M +$1.26M +69,800 +8%
SEI Investments
32
SEI Investments
Pennsylvania
$15.4M -$2.56M -141,604 -13%
Aberdeen Group
33
Aberdeen Group
United Kingdom
$14.8M +$5.97M +329,746 +60%
MWNA
34
Marshall Wace North America
New York
$14.7M +$6.44M +355,752 +68%
PI
35
PGGM Investments
Netherlands
$14.2M
ICOM
36
Investment Counselors of Maryland
Maryland
$13.9M +$6.24K +345 +0%
WBC
37
Westpac Banking Corp
Australia
$13.3M +$6.85M +378,656 +92%
Bank of New York Mellon
38
Bank of New York Mellon
New York
$12.2M -$1.53M -84,510 -10%
CCM
39
Chilton Capital Management
Texas
$11.8M -$230K -12,714 -2%
N
40
Nuveen
North Carolina
$11.6M +$12.1M +667,518 +2,820%
RCM
41
RVB Capital Management
New York
$10.5M +$1.72M +95,000 +18%
VLKIM
42
Van Lanschot Kempen Investment Management
Netherlands
$10.1M +$10.9M +602,051 New
ACM
43
AEW Capital Management
Massachusetts
$9.83M -$64.1M -3,544,300 -99%
WCP
44
Waterfront Capital Partners
New York
$9.68M +$10.4M +576,439 New
CIP
45
Chartwell Investment Partners
Pennsylvania
$8.33M +$717K +39,600 +9%
Two Sigma Advisers
46
Two Sigma Advisers
New York
$7.52M +$2.17M +120,100 +37%
VRS
47
Virginia Retirement Systems
Virginia
$7.48M +$241K +13,300 +3%
MSL
48
Mackay Shields LLC
New York
$7.23M +$7.8M +430,809 New
Charles Schwab
49
Charles Schwab
California
$6.93M +$385K +21,285 +5%
UBS AM
50
UBS AM
Illinois
$6.84M +$1.28M +70,495 +21%

ESRT Hedge Fund Activity: Q1 2018 in Review

203 of the 4,363 institutional investors tracked by Wall St. Rank reported a position in Empire State Realty Trust (ESRT) for Q1 2018, worth a combined $2.17B — down 21% from $2.75B a quarter earlier.

Buyers outnumbered sellers: 38 funds opened new ESRT positions and 18 closed out — a net gain of 20 holders — while 84 added to existing stakes and 52 trimmed.

The largest buyer was Heitman Real Estate Securities, adding an estimated $30.2M. The largest seller was Cohen & Steers, cutting an estimated $94.5M.

  • 203 institutional investors held Empire State Realty Trust (ESRT) as of Q1 2018, up from 185 in Q4 2017.
  • Funds reported $2.17B of Empire State Realty Trust stock for Q1 2018, down 21% quarter-over-quarter.
  • 38 funds opened new Empire State Realty Trust positions in Q1 2018 and 18 closed out, a net change of +20 holders.
  • The largest Empire State Realty Trust buyer in Q1 2018 was Heitman Real Estate Securities, an estimated $30.2M added.
  • The largest Empire State Realty Trust seller in Q1 2018 was Cohen & Steers, an estimated $94.5M sold.

Based on aggregated 13F filings for Q1 2018.