Empire State Realty Trust
ESRT
129 hedge funds and large institutions have $1.5B invested in Empire State Realty Trust in 2014 Q3 according to their latest regulatory filings, with 11 funds opening new positions, 65 increasing their positions, 32 reducing their positions, and 14 closing their positions.
103% more repeat investments, than reductions
Existing positions increased: 65 | Existing positions reduced: 32
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
2% less funds holding
Funds holding: 132 → 129 (-3)
3.29% less ownership
Funds ownership: 106.44% → 103.16% (-3.3%)
10% less capital invested
Capital invested by funds: $1.66B → $1.5B (-$159M)
10% less call options, than puts
Call options by funds: $218K | Put options by funds: $243K
21% less first-time investments, than exits
New positions opened: 11 | Existing positions closed: 14
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$20.9M |
| 2 |
N
Nuveen
Charlotte,
North Carolina
|
+$12.5M |
| 3 |
CBOA
Commonwealth Bank of Australia
Sydney, NSW,
Australia
|
+$9.15M |
| 4 |
WMSA
Weiss Multi-Strategy Advisers
New York
|
+$8.48M |
| 5 |
BG
BlackRock Group
London,
United Kingdom
|
+$5.24M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Norges Bank
Oslo,
Norway
|
-$40.1M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
-$35.1M |
| 3 |
Bank of New York Mellon
New York
|
-$4.21M |
| 4 |
Prudential Financial
Newark,
New Jersey
|
-$2.96M |
| 5 |
American Century Companies
Kansas City,
Missouri
|
-$2.77M |
ESRT Hedge Fund Activity: Q3 2014 in Review
129 of the 3,446 institutional investors tracked by Wall St. Rank reported a position in Empire State Realty Trust (ESRT) for Q3 2014, worth a combined $1.5B — down 9.6% from $1.66B a quarter earlier.
Sellers outnumbered buyers: 14 funds closed out of ESRT and 11 opened new positions — a net loss of 3 holders — while 32 trimmed existing stakes and 65 added.
The largest buyer was Millennium Management, adding an estimated $20.9M. The largest seller was Norges Bank, cutting an estimated $40.1M.
- 129 institutional investors held Empire State Realty Trust (ESRT) as of Q3 2014, down from 132 in Q2 2014.
- Funds reported $1.5B of Empire State Realty Trust stock for Q3 2014, down 9.6% quarter-over-quarter.
- 11 funds opened new Empire State Realty Trust positions in Q3 2014 and 14 closed out, a net change of -3 holders.
- The largest Empire State Realty Trust buyer in Q3 2014 was Millennium Management, an estimated $20.9M added.
- The largest Empire State Realty Trust seller in Q3 2014 was Norges Bank, an estimated $40.1M sold.
Based on aggregated 13F filings for Q3 2014.