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Empire State Realty Trust

203 hedge funds and large institutions have $2.15B invested in Empire State Realty Trust in 2019 Q1 according to their latest regulatory filings, with 31 funds opening new positions, 76 increasing their positions, 68 reducing their positions, and 17 closing their positions.

New
Increased
Maintained
Reduced
Closed

82% more first-time investments, than exits

New positions opened: 31 | Existing positions closed: 17

14% more capital invested

Capital invested by funds: $1.89B → $2.15B (+$259M)

12% more repeat investments, than reductions

Existing positions increased: 76 | Existing positions reduced: 68

7% more funds holding

Funds holding: 189203 (+14)

0.09% less ownership

Funds ownership: 77.22%77.13% (-0.09%)

33% less funds holding in top 10

Funds holding in top 10: 32 (-1)

Holders
203
Holders Change
+14
Holders Change %
+7.41%
% of All Funds
4.39%
Holding in Top 10
2
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-33.33%
% of All Funds
0.04%
New
31
Increased
76
Reduced
68
Closed
17
Calls
$692K
Puts
Net Calls
+$692K
Net Calls Change
+$810K
Name Holding Trade Value Shares
Change
Change in
Stake
Vanguard Group
1
Vanguard Group
Pennsylvania
$370M +$11M +716,222 +3%
Cohen & Steers
2
Cohen & Steers
New York
$161M +$93.2M +6,069,899 +148%
BlackRock
3
BlackRock
New York
$152M +$6M +390,418 +4%
RC
4
Resolution Capital
Australia
$146M +$2.11M +137,531 +2%
AllianceBernstein
5
AllianceBernstein
Tennessee
$132M -$464K -30,184 -0.4%
CIM
6
Centersquare Investment Management
Pennsylvania
$104M +$1.97M +128,288 +2%
Invesco
7
Invesco
Georgia
$72.7M -$2.27M -147,829 -3%
Renaissance Technologies
8
Renaissance Technologies
New York
$66.4M +$5.29M +344,500 +9%
ACI
9
AMP Capital Investors
Australia
$64.4M +$393K +25,576 +0.6%
HRES
10
Heitman Real Estate Securities
Illinois
$61.4M +$4.85M +315,520 +9%
American Century Companies
11
American Century Companies
Missouri
$58.5M +$9.66M +628,860 +20%
State Street
12
State Street
Massachusetts
$52.9M +$16.5M +1,073,457 +47%
Dimensional Fund Advisors
13
Dimensional Fund Advisors
Texas
$36.1M -$370K -24,076 -1%
Fidelity Investments
14
Fidelity Investments
Massachusetts
$30.3M +$1.33M +86,889 +5%
Bank of New York Mellon
15
Bank of New York Mellon
New York
$28.8M +$331K +21,540 +1%
Norges Bank
16
Norges Bank
Norway
$28.3M
Schroder Investment Management Group
17
Schroder Investment Management Group
United Kingdom
$24.5M +$374K +24,347 +2%
Janus Henderson Group
18
Janus Henderson Group
United Kingdom
$22.8M +$22.1M +1,441,627 New
Geode Capital Management
19
Geode Capital Management
Massachusetts
$22.3M +$503K +32,737 +2%
ICOM
20
Investment Counselors of Maryland
Maryland
$21.5M +$820K +53,420 +4%
Bank of America
21
Bank of America
North Carolina
$21.5M +$3.29M +214,359 +19%
Goldman Sachs
22
Goldman Sachs
New York
$21.1M -$19.2M -1,249,916 -48%
Legal & General Group
23
Legal & General Group
United Kingdom
$20.7M -$614K -40,002 -3%
Northern Trust
24
Northern Trust
Illinois
$20.1M -$689K -44,896 -3%
Russell Investments Group
25
Russell Investments Group
United Kingdom
$17.6M +$4.52M +294,550 +36%

ESRT Hedge Fund Activity: Q1 2019 in Review

203 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in Empire State Realty Trust (ESRT) for Q1 2019, worth a combined $2.15B — up 14% from $1.89B a quarter earlier.

Buyers outnumbered sellers: 31 funds opened new ESRT positions and 17 closed out — a net gain of 14 holders — while 76 added to existing stakes and 68 trimmed.

The largest buyer was Cohen & Steers, adding an estimated $93.2M. The largest seller was Prudential Financial, cutting an estimated $41.9M.

  • 203 institutional investors held Empire State Realty Trust (ESRT) as of Q1 2019, up from 189 in Q4 2018.
  • Funds reported $2.15B of Empire State Realty Trust stock for Q1 2019, up 14% quarter-over-quarter.
  • 31 funds opened new Empire State Realty Trust positions in Q1 2019 and 17 closed out, a net change of +14 holders.
  • The largest Empire State Realty Trust buyer in Q1 2019 was Cohen & Steers, an estimated $93.2M added.
  • The largest Empire State Realty Trust seller in Q1 2019 was Prudential Financial, an estimated $41.9M sold.

Based on aggregated 13F filings for Q1 2019.