Empire State Realty Trust
ESRT
114 hedge funds and large institutions have $1.38B invested in Empire State Realty Trust in 2014 Q1 according to their latest regulatory filings, with 17 funds opening new positions, 49 increasing their positions, 28 reducing their positions, and 13 closing their positions.
75% more repeat investments, than reductions
Existing positions increased: 49 | Existing positions reduced: 28
31% more first-time investments, than exits
New positions opened: 17 | Existing positions closed: 13
3% more funds holding
Funds holding: 111 → 114 (+3)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0.71% less ownership
Funds ownership: 97.17% → 96.46% (-0.71%)
2% less capital invested
Capital invested by funds: $1.41B → $1.38B (-$26.4M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
+$28.6M |
| 2 |
Millennium Management
New York
|
+$24.9M |
| 3 |
SAMC
Shinko Asset Management Company
Tokyo,
Japan
|
+$12.4M |
| 4 |
ACI
AMP Capital Investors
Sydney,
Australia
|
+$10.2M |
| 5 |
RC
Resolution Capital
Sydney, NSW,
Australia
|
+$9.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LIMS
Lasalle Investment Management Securities
Baltimore,
Maryland
|
-$31.8M |
| 2 |
SRES
Starwood Real Estate Securities
Greenwich,
Connecticut
|
-$18.9M |
| 3 |
CAM
Coronation Asset Management
Cape Town,
South Africa
|
-$7.95M |
| 4 |
Goldman Sachs
New York
|
-$5.65M |
| 5 |
Two Sigma Investments
New York
|
-$5.51M |
ESRT Hedge Fund Activity: Q1 2014 in Review
114 of the 3,462 institutional investors tracked by Wall St. Rank reported a position in Empire State Realty Trust (ESRT) for Q1 2014, worth a combined $1.38B — down 1.9% from $1.41B a quarter earlier.
Buyers outnumbered sellers: 17 funds opened new ESRT positions and 13 closed out — a net gain of 4 holders — while 49 added to existing stakes and 28 trimmed.
The largest buyer was Invesco, adding an estimated $28.6M. The largest seller was Lasalle Investment Management Securities, exiting entirely with an estimated $31.8M sold.
- 114 institutional investors held Empire State Realty Trust (ESRT) as of Q1 2014, up from 111 in Q4 2013.
- Funds reported $1.38B of Empire State Realty Trust stock for Q1 2014, down 1.9% quarter-over-quarter.
- 17 funds opened new Empire State Realty Trust positions in Q1 2014 and 13 closed out, a net change of +4 holders.
- The largest Empire State Realty Trust buyer in Q1 2014 was Invesco, an estimated $28.6M added.
- The largest Empire State Realty Trust seller in Q1 2014 was Lasalle Investment Management Securities, an estimated $31.8M sold.
Based on aggregated 13F filings for Q1 2014.