Empire State Realty Trust
ESRT
187 hedge funds and large institutions have $2.69B invested in Empire State Realty Trust in 2016 Q3 according to their latest regulatory filings, with 13 funds opening new positions, 79 increasing their positions, 66 reducing their positions, and 27 closing their positions.
20% more repeat investments, than reductions
Existing positions increased: 79 | Existing positions reduced: 66
18% more capital invested
Capital invested by funds: $2.28B → $2.69B (+$404M)
5.44% more ownership
Funds ownership: 99.28% → 104.72% (+5.4%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
7% less funds holding
Funds holding: 202 → 187 (-15)
52% less first-time investments, than exits
New positions opened: 13 | Existing positions closed: 27
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
+$177M |
| 2 |
Cohen & Steers
New York
|
+$119M |
| 3 |
Daiwa Securities Group
Tokyo,
Japan
|
+$108M |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$51.8M |
| 5 |
AllianceBernstein
Nashville,
Tennessee
|
+$40.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
-$143M |
| 2 |
Bank of New York Mellon
New York
|
-$85.9M |
| 3 |
Invesco
Atlanta,
Georgia
|
-$53.7M |
| 4 |
Millennium Management
New York
|
-$31M |
| 5 |
D.E. Shaw & Co
New York
|
-$16.6M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
PP
201
Paloma Partners
Greenwich,
Connecticut
| – | -$555K | -29,204 | Closed |
|
202
Tudor Investment Corp
Stamford,
Connecticut
| – | -$463K | -24,360 | Closed |
|
|
B
203
Bailard
Foster City,
California
| – | -$399K | -21,000 | Closed |
|
|
TG
204
TLP Group
Evanston,
Illinois
| – | -$311K | -16,398 | Closed |
|
|
GD
205
Grandfield & Dodd
New York
| – | -$285K | -15,000 | Closed |
|
206
Rafferty Asset Management
New York
| – | -$248K | -13,077 | Closed |
|
|
MC
207
Menta Capital
San Francisco,
California
| – | -$231K | -12,190 | Closed |
|
|
LCM
208
Laurion Capital Management
New York
| – | -$201K | -10,600 | Closed |
|
|
IR
209
Invictus RG
Hamilton,
Bermuda
| – | -$131K | -6,883 | Closed |
|
210
Group One Trading
Chicago,
Illinois
| – | -$44K | -2,317 | Closed |
|
|
EWM
211
Evercore Wealth Management
New York
| – | -$23K | -1,234 | Closed |
|
|
FHA
212
First Horizon Advisors
Memphis,
Tennessee
| – | -$7K | -377 | Closed |
|
|
MAM
213
Meeder Asset Management
Dublin,
Ohio
| – | -$4K | -226 | Closed |
|
214
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | -$4K | -218 | Closed |
|
ESRT Hedge Fund Activity: Q3 2016 in Review
187 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Empire State Realty Trust (ESRT) for Q3 2016, worth a combined $2.69B — up 18% from $2.28B a quarter earlier.
Sellers outnumbered buyers: 27 funds closed out of ESRT and 13 opened new positions — a net loss of 14 holders — while 66 trimmed existing stakes and 79 added.
The largest buyer was Vanguard Group, adding an estimated $177M. The largest seller was Goldman Sachs, cutting an estimated $143M.
- 187 institutional investors held Empire State Realty Trust (ESRT) as of Q3 2016, down from 202 in Q2 2016.
- Funds reported $2.69B of Empire State Realty Trust stock for Q3 2016, up 18% quarter-over-quarter.
- 13 funds opened new Empire State Realty Trust positions in Q3 2016 and 27 closed out, a net change of -14 holders.
- The largest Empire State Realty Trust buyer in Q3 2016 was Vanguard Group, an estimated $177M added.
- The largest Empire State Realty Trust seller in Q3 2016 was Goldman Sachs, an estimated $143M sold.
Based on aggregated 13F filings for Q3 2016.