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Empire State Realty Trust

173 hedge funds and large institutions have $2.7B invested in Empire State Realty Trust in 2017 Q1 according to their latest regulatory filings, with 15 funds opening new positions, 58 increasing their positions, 67 reducing their positions, and 13 closing their positions.

New
Increased
Maintained
Reduced
Closed

16,300% more call options, than puts

Call options by funds: $328K | Put options by funds: $2K

15% more first-time investments, than exits

New positions opened: 15 | Existing positions closed: 13

6% more capital invested

Capital invested by funds: $2.55B → $2.7B (+$154M)

2.23% more ownership

Funds ownership: 81.93%84.16% (+2.2%)

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

3% less funds holding

Funds holding: 178173 (-5)

13% less repeat investments, than reductions

Existing positions increased: 58 | Existing positions reduced: 67

Holders
173
Holders Change
-5
Holders Change %
-2.81%
% of All Funds
4.31%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.02%
New
15
Increased
58
Reduced
67
Closed
13
Calls
$328K
Puts
$2K
Net Calls
+$326K
Net Calls Change
-$266K
Name Holding Trade Value Shares
Change
Change in
Stake
Vanguard Group
1
Vanguard Group
Pennsylvania
$464M +$34.6M +1,676,832 +8%
Cohen & Steers
2
Cohen & Steers
New York
$374M +$33.2M +1,608,294 +10%
BlackRock
3
BlackRock
New York
$142M +$139M +6,714,963 +3,597%
Daiwa Securities Group
4
Daiwa Securities Group
Japan
$126M +$900K +43,573 +0.7%
RC
5
Resolution Capital
Australia
$117M +$16.8M +815,100 +17%
Fidelity Investments
6
Fidelity Investments
Massachusetts
$117M -$49.7M -2,405,900 -30%
Deutsche Bank
7
Deutsche Bank
Germany
$104M +$38.3M +1,855,641 +58%
AllianceBernstein
8
AllianceBernstein
Tennessee
$87.6M +$18.1M +878,264 +26%
American Century Companies
9
American Century Companies
Missouri
$77M -$10.9M -529,063 -12%
Invesco
10
Invesco
Georgia
$74.3M -$14.9K -720 -0%
ACM
11
AEW Capital Management
Massachusetts
$67.6M -$419K -20,300 -0.6%
Renaissance Technologies
12
Renaissance Technologies
New York
$62.1M -$18.4M -891,800 -23%
ACI
13
AMP Capital Investors
Australia
$61.8M -$2.99M -144,500 -5%
Millennium Management
14
Millennium Management
New York
$48.2M +$41.1M +1,987,899 +572%
Bank of New York Mellon
15
Bank of New York Mellon
New York
$43.5M +$30.1M +1,458,678 +225%
Dimensional Fund Advisors
16
Dimensional Fund Advisors
Texas
$42.5M +$7.39M +357,974 +21%
State Street
17
State Street
Massachusetts
$39.1M +$2.58M +124,841 +7%
NI
18
Numeric Investors
Massachusetts
$33.5M +$4.74M +229,300 +16%
Bank of America
19
Bank of America
North Carolina
$31.2M +$4.88M +236,156 +19%
Wellington Management Group
20
Wellington Management Group
Massachusetts
$29M -$14.3M -692,874 -33%
HRES
21
Heitman Real Estate Securities
Illinois
$27.3M +$22.3M +1,081,251 +447%
Norges Bank
22
Norges Bank
Norway
$26.6M
T. Rowe Price Associates
23
T. Rowe Price Associates
Maryland
$24.9M +$6.26M +303,008 +34%
Northern Trust
24
Northern Trust
Illinois
$24.1M +$1.13M +54,464 +5%
CRM
25
Cramer Rosenthal McGlynn
Connecticut
$23.5M -$5.35M -259,125 -19%

ESRT Hedge Fund Activity: Q1 2017 in Review

173 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in Empire State Realty Trust (ESRT) for Q1 2017, worth a combined $2.7B — up 6% from $2.55B a quarter earlier.

Buyers outnumbered sellers: 15 funds opened new ESRT positions and 13 closed out — a net gain of 2 holders — while 58 added to existing stakes and 67 trimmed.

The largest buyer was BlackRock, adding an estimated $139M. The largest seller was Fidelity Investments, cutting an estimated $49.7M.

  • 173 institutional investors held Empire State Realty Trust (ESRT) as of Q1 2017, down from 178 in Q4 2016.
  • Funds reported $2.7B of Empire State Realty Trust stock for Q1 2017, up 6% quarter-over-quarter.
  • 15 funds opened new Empire State Realty Trust positions in Q1 2017 and 13 closed out, a net change of +2 holders.
  • The largest Empire State Realty Trust buyer in Q1 2017 was BlackRock, an estimated $139M added.
  • The largest Empire State Realty Trust seller in Q1 2017 was Fidelity Investments, an estimated $49.7M sold.

Based on aggregated 13F filings for Q1 2017.