Empire State Realty Trust
ESRT
191 hedge funds and large institutions have $2B invested in Empire State Realty Trust in 2016 Q1 according to their latest regulatory filings, with 29 funds opening new positions, 84 increasing their positions, 54 reducing their positions, and 14 closing their positions.
200% more funds holding in top 10
Funds holding in top 10: 1 → 3 (+2)
107% more first-time investments, than exits
New positions opened: 29 | Existing positions closed: 14
56% more repeat investments, than reductions
Existing positions increased: 84 | Existing positions reduced: 54
7% more funds holding
Funds holding: 178 → 191 (+13)
4% less capital invested
Capital invested by funds: $2.09B → $2B (-$83.3M)
2.47% less ownership
Funds ownership: 98.27% → 95.79% (-2.5%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$31.6M |
| 2 |
Prudential Financial
Newark,
New Jersey
|
+$17.1M |
| 3 |
Marshall Wace
London,
United Kingdom
|
+$15.2M |
| 4 |
American Century Companies
Kansas City,
Missouri
|
+$15.1M |
| 5 |
Goldman Sachs
New York
|
+$14.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
-$107M |
| 2 |
Norges Bank
Oslo,
Norway
|
-$57.5M |
| 3 |
RFC
Russell Frank Company
Seattle,
Washington
|
-$10.5M |
| 4 |
Cohen & Steers
New York
|
-$8.58M |
| 5 |
JP Morgan Chase
New York
|
-$6.76M |
ESRT Hedge Fund Activity: Q1 2016 in Review
191 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in Empire State Realty Trust (ESRT) for Q1 2016, worth a combined $2B — down 4% from $2.09B a quarter earlier.
Buyers outnumbered sellers: 29 funds opened new ESRT positions and 14 closed out — a net gain of 15 holders — while 84 added to existing stakes and 54 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $31.6M. The largest seller was Invesco, cutting an estimated $107M.
- 191 institutional investors held Empire State Realty Trust (ESRT) as of Q1 2016, up from 178 in Q4 2015.
- Funds reported $2B of Empire State Realty Trust stock for Q1 2016, down 4% quarter-over-quarter.
- 29 funds opened new Empire State Realty Trust positions in Q1 2016 and 14 closed out, a net change of +15 holders.
- The largest Empire State Realty Trust buyer in Q1 2016 was Fidelity Investments, an estimated $31.6M added.
- The largest Empire State Realty Trust seller in Q1 2016 was Invesco, an estimated $107M sold.
Based on aggregated 13F filings for Q1 2016.