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Empire State Realty Trust

189 hedge funds and large institutions have $1.89B invested in Empire State Realty Trust in 2018 Q4 according to their latest regulatory filings, with 23 funds opening new positions, 83 increasing their positions, 58 reducing their positions, and 29 closing their positions.

New
Increased
Maintained
Reduced
Closed

43% more repeat investments, than reductions

Existing positions increased: 83 | Existing positions reduced: 58

1.48% more ownership

Funds ownership: 75.73%77.22% (+1.5%)

5% less funds holding

Funds holding: 198189 (-9)

11% less capital invested

Capital invested by funds: $2.12B → $1.89B (-$228M)

21% less first-time investments, than exits

New positions opened: 23 | Existing positions closed: 29

25% less funds holding in top 10

Funds holding in top 10: 43 (-1)

100% less call options, than puts

Call options by funds: $0 | Put options by funds: $118K

Holders
189
Holders Change
-9
Holders Change %
-4.55%
% of All Funds
4.21%
Holding in Top 10
3
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-25%
% of All Funds
0.07%
New
23
Increased
83
Reduced
58
Closed
29
Calls
Puts
$118K
Net Calls
-$118K
Net Calls Change
+$239K
Name Holding Trade Value Shares
Change
Change in
Stake
TCIM
51
TIAA CREF Investment Management
New York
$5.9M +$65.1K +4,159 +1%
Thrivent Financial for Lutherans
52
Thrivent Financial for Lutherans
Minnesota
$5.88M -$346K -22,119 -5%
EVM
53
Eaton Vance Management
Massachusetts
$4.85M +$2.24K +143 +0%
WAM
54
Wolverine Asset Management
Illinois
$4.54M +$449K +28,723 +10%
CS
55
Credit Suisse
Switzerland
$4.44M +$499K +31,864 +11%
CM
56
Crestline Management
Texas
$4.31M +$3.78M +241,477 +393%
Asset Management One
57
Asset Management One
Japan
$4M -$129K -8,214 -3%
Wells Fargo
58
Wells Fargo
California
$3.96M +$69.7K +4,455 +2%
D.E. Shaw & Co
59
D.E. Shaw & Co
New York
$3.65M +$1.39M +89,026 +53%
New York State Common Retirement Fund
60
New York State Common Retirement Fund
New York
$3.59M -$203K -13,000 -5%
Swiss National Bank
61
Swiss National Bank
Switzerland
$3.57M +$135K +8,600 +4%
HCM
62
HGI Capital Management
New York
$3.55M +$3.9M +249,228 New
GCA
63
GSI Capital Advisors
California
$3.37M
California State Teachers Retirement System (CalSTRS)
64
California State Teachers Retirement System (CalSTRS)
California
$3.26M +$96.5K +6,168 +3%
SO
65
STRS Ohio
Ohio
$2.98M +$320K +20,474 +11%
California Public Employees Retirement System
66
California Public Employees Retirement System
California
$2.8M -$149K -9,497 -5%
TIAAOA
67
Teachers Insurance & Annuity Association of America
New York
$2.8M +$357K +22,806 +13%
Natixis Advisors
68
Natixis Advisors
Massachusetts
$2.7M -$247K -15,766 -8%
PPA
69
Parametric Portfolio Associates
Washington
$2.66M -$461K -29,448 -14%
TA
70
Teachers Advisors
New York
$2.53M -$402K -25,724 -13%
FDCDDQ
71
Federation des caisses Desjardins du Quebec
Quebec, Canada
$2.34M +$323K +20,646 +14%
Squarepoint
72
Squarepoint
New York
$2.33M -$809K -51,736 -24%
Public Sector Pension Investment Board (PSP Investments)
73
Public Sector Pension Investment Board (PSP Investments)
Quebec, Canada
$2.23M -$215K -13,739 -8%
APFBOT
74
Amica Pension Fund Board of Trustees
Rhode Island
$2.19M
Bank of Montreal
75
Bank of Montreal
Ontario, Canada
$2.17M +$775K +49,508 +48%

ESRT Hedge Fund Activity: Q4 2018 in Review

189 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in Empire State Realty Trust (ESRT) for Q4 2018, worth a combined $1.89B — down 11% from $2.12B a quarter earlier.

Sellers outnumbered buyers: 29 funds closed out of ESRT and 23 opened new positions — a net loss of 6 holders — while 58 trimmed existing stakes and 83 added.

The largest buyer was Centersquare Investment Management, opening a new position worth an estimated $101M. The largest seller was Brookfield Corp, exiting entirely with an estimated $80.3M sold.

  • 189 institutional investors held Empire State Realty Trust (ESRT) as of Q4 2018, down from 198 in Q3 2018.
  • Funds reported $1.89B of Empire State Realty Trust stock for Q4 2018, down 11% quarter-over-quarter.
  • 23 funds opened new Empire State Realty Trust positions in Q4 2018 and 29 closed out, a net change of -6 holders.
  • The largest Empire State Realty Trust buyer in Q4 2018 was Centersquare Investment Management, an estimated $101M added.
  • The largest Empire State Realty Trust seller in Q4 2018 was Brookfield Corp, an estimated $80.3M sold.

Based on aggregated 13F filings for Q4 2018.