Empire State Realty Trust
ESRT
178 hedge funds and large institutions have $2.55B invested in Empire State Realty Trust in 2016 Q4 according to their latest regulatory filings, with 14 funds opening new positions, 72 increasing their positions, 63 reducing their positions, and 20 closing their positions.
14% more repeat investments, than reductions
Existing positions increased: 72 | Existing positions reduced: 63
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
5% less funds holding
Funds holding: 188 → 178 (-10)
6% less capital invested
Capital invested by funds: $2.7B → $2.55B (-$157M)
22.8% less ownership
Funds ownership: 104.72% → 81.93% (-23%)
30% less first-time investments, than exits
New positions opened: 14 | Existing positions closed: 20
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CRM
Cramer Rosenthal McGlynn
Stamford,
Connecticut
|
+$27.7M |
| 2 |
Cohen & Steers
New York
|
+$19.1M |
| 3 |
Daiwa Securities Group
Tokyo,
Japan
|
+$17.1M |
| 4 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$17.1M |
| 5 |
AllianceBernstein
Nashville,
Tennessee
|
+$12.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$65.6M |
| 2 |
American Century Companies
Kansas City,
Missouri
|
-$9.09M |
| 3 |
Ameriprise
Minneapolis,
Minnesota
|
-$8.28M |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$7.47M |
| 5 |
PL
Perpetual Ltd
Sydney, New South Wales,
Australia
|
-$7.31M |
ESRT Hedge Fund Activity: Q4 2016 in Review
178 of the 4,008 institutional investors tracked by Wall St. Rank reported a position in Empire State Realty Trust (ESRT) for Q4 2016, worth a combined $2.55B — down 5.8% from $2.7B a quarter earlier.
Sellers outnumbered buyers: 20 funds closed out of ESRT and 14 opened new positions — a net loss of 6 holders — while 63 trimmed existing stakes and 72 added.
The largest buyer was Cramer Rosenthal McGlynn, opening a new position worth an estimated $27.7M. The largest seller was Fidelity Investments, cutting an estimated $65.6M.
- 178 institutional investors held Empire State Realty Trust (ESRT) as of Q4 2016, down from 188 in Q3 2016.
- Funds reported $2.55B of Empire State Realty Trust stock for Q4 2016, down 5.8% quarter-over-quarter.
- 14 funds opened new Empire State Realty Trust positions in Q4 2016 and 20 closed out, a net change of -6 holders.
- The largest Empire State Realty Trust buyer in Q4 2016 was Cramer Rosenthal McGlynn, an estimated $27.7M added.
- The largest Empire State Realty Trust seller in Q4 2016 was Fidelity Investments, an estimated $65.6M sold.
Based on aggregated 13F filings for Q4 2016.