Empire State Realty Trust
ESRT
189 hedge funds and large institutions have $1.89B invested in Empire State Realty Trust in 2018 Q4 according to their latest regulatory filings, with 23 funds opening new positions, 83 increasing their positions, 58 reducing their positions, and 29 closing their positions.
43% more repeat investments, than reductions
Existing positions increased: 83 | Existing positions reduced: 58
1.48% more ownership
Funds ownership: 75.73% → 77.22% (+1.5%)
5% less funds holding
Funds holding: 198 → 189 (-9)
11% less capital invested
Capital invested by funds: $2.12B → $1.89B (-$228M)
21% less first-time investments, than exits
New positions opened: 23 | Existing positions closed: 29
25% less funds holding in top 10
Funds holding in top 10: 4 → 3 (-1)
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $118K
Top Buyers
| 1 |
CIM
Centersquare Investment Management
Conshohocken,
Pennsylvania
|
+$101M |
| 2 |
Cohen & Steers
New York
|
+$23.6M |
| 3 |
Bank of New York Mellon
New York
|
+$17.5M |
| 4 |
Goldman Sachs
New York
|
+$16.1M |
| 5 |
ACI
AMP Capital Investors
Sydney,
Australia
|
+$15.3M |
Top Sellers
| 1 |
BC
Brookfield Corp
Toronto,
Ontario, Canada
|
-$80.3M |
| 2 |
LPC
Long Pond Capital
New York
|
-$39.8M |
| 3 |
Millennium Management
New York
|
-$15.5M |
| 4 |
WCP
Waterfront Capital Partners
New York
|
-$9.15M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$8.04M |
ESRT Hedge Fund Activity: Q4 2018 in Review
189 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in Empire State Realty Trust (ESRT) for Q4 2018, worth a combined $1.89B — down 11% from $2.12B a quarter earlier.
Sellers outnumbered buyers: 29 funds closed out of ESRT and 23 opened new positions — a net loss of 6 holders — while 58 trimmed existing stakes and 83 added.
The largest buyer was Centersquare Investment Management, opening a new position worth an estimated $101M. The largest seller was Brookfield Corp, exiting entirely with an estimated $80.3M sold.
- 189 institutional investors held Empire State Realty Trust (ESRT) as of Q4 2018, down from 198 in Q3 2018.
- Funds reported $1.89B of Empire State Realty Trust stock for Q4 2018, down 11% quarter-over-quarter.
- 23 funds opened new Empire State Realty Trust positions in Q4 2018 and 29 closed out, a net change of -6 holders.
- The largest Empire State Realty Trust buyer in Q4 2018 was Centersquare Investment Management, an estimated $101M added.
- The largest Empire State Realty Trust seller in Q4 2018 was Brookfield Corp, an estimated $80.3M sold.
Based on aggregated 13F filings for Q4 2018.