Empire State Realty Trust
ESRT
198 hedge funds and large institutions have $2.12B invested in Empire State Realty Trust in 2018 Q3 according to their latest regulatory filings, with 21 funds opening new positions, 77 increasing their positions, 68 reducing their positions, and 35 closing their positions.
13% more repeat investments, than reductions
Existing positions increased: 77 | Existing positions reduced: 68
0% more funds holding in top 10
Funds holding in top 10: 4 → 4 (0)
0.39% less ownership
Funds ownership: 76.12% → 75.73% (-0.39%)
2% less capital invested
Capital invested by funds: $2.15B → $2.12B (-$38.7M)
7% less funds holding
Funds holding: 212 → 198 (-14)
40% less first-time investments, than exits
New positions opened: 21 | Existing positions closed: 35
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $357K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AllianceBernstein
Nashville,
Tennessee
|
+$46.6M |
| 2 |
HRES
Heitman Real Estate Securities
Chicago,
Illinois
|
+$9.66M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$9.39M |
| 4 |
Prudential Financial
Newark,
New Jersey
|
+$8.06M |
| 5 |
Millennium Management
New York
|
+$7.62M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Daiwa Securities Group
Tokyo,
Japan
|
-$43M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$12.1M |
| 3 |
Cohen & Steers
New York
|
-$11.4M |
| 4 |
Balyasny Asset Management
Chicago,
Illinois
|
-$11M |
| 5 |
WCP
Waterfront Capital Partners
New York
|
-$7.79M |
ESRT Hedge Fund Activity: Q3 2018 in Review
198 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in Empire State Realty Trust (ESRT) for Q3 2018, worth a combined $2.12B — down 1.8% from $2.15B a quarter earlier.
Sellers outnumbered buyers: 35 funds closed out of ESRT and 21 opened new positions — a net loss of 14 holders — while 68 trimmed existing stakes and 77 added.
The largest buyer was AllianceBernstein, adding an estimated $46.6M. The largest seller was Daiwa Securities Group, cutting an estimated $43M.
- 198 institutional investors held Empire State Realty Trust (ESRT) as of Q3 2018, down from 212 in Q2 2018.
- Funds reported $2.12B of Empire State Realty Trust stock for Q3 2018, down 1.8% quarter-over-quarter.
- 21 funds opened new Empire State Realty Trust positions in Q3 2018 and 35 closed out, a net change of -14 holders.
- The largest Empire State Realty Trust buyer in Q3 2018 was AllianceBernstein, an estimated $46.6M added.
- The largest Empire State Realty Trust seller in Q3 2018 was Daiwa Securities Group, an estimated $43M sold.
Based on aggregated 13F filings for Q3 2018.