Empire State Realty Trust
ESRT
188 hedge funds and large institutions have $2.7B invested in Empire State Realty Trust in 2016 Q3 according to their latest regulatory filings, with 13 funds opening new positions, 81 increasing their positions, 65 reducing their positions, and 26 closing their positions.
25% more repeat investments, than reductions
Existing positions increased: 81 | Existing positions reduced: 65
19% more capital invested
Capital invested by funds: $2.27B → $2.7B (+$436M)
6.12% more ownership
Funds ownership: 98.6% → 104.72% (+6.1%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
7% less funds holding
Funds holding: 202 → 188 (-14)
50% less first-time investments, than exits
New positions opened: 13 | Existing positions closed: 26
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 |
ESRT Hedge Fund Activity: Q3 2016 in Review
188 of the 3,759 institutional investors tracked by Wall St. Rank reported a position in Empire State Realty Trust (ESRT) for Q3 2016, worth a combined $2.7B — up 19% from $2.27B a quarter earlier.
Sellers outnumbered buyers: 26 funds closed out of ESRT and 13 opened new positions — a net loss of 13 holders — while 65 trimmed existing stakes and 81 added.
The largest buyer was Vanguard Group, adding an estimated $177M. The largest seller was Goldman Sachs, cutting an estimated $143M.
- 188 institutional investors held Empire State Realty Trust (ESRT) as of Q3 2016, down from 202 in Q2 2016.
- Funds reported $2.7B of Empire State Realty Trust stock for Q3 2016, up 19% quarter-over-quarter.
- 13 funds opened new Empire State Realty Trust positions in Q3 2016 and 26 closed out, a net change of -13 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.