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Empire State Realty Trust

196 hedge funds and large institutions have $1.32B invested in Empire State Realty Trust in 2020 Q1 according to their latest regulatory filings, with 29 funds opening new positions, 84 increasing their positions, 61 reducing their positions, and 39 closing their positions.

New
Increased
Maintained
Reduced
Closed

38% more repeat investments, than reductions

Existing positions increased: 84 | Existing positions reduced: 61

1.63% less ownership

Funds ownership: 79.5%77.87% (-1.6%)

6% less funds holding

Funds holding: 208196 (-12)

26% less first-time investments, than exits

New positions opened: 29 | Existing positions closed: 39

34% less capital invested

Capital invested by funds: $2.01B → $1.32B (-$689M)

100% less call options, than puts

Call options by funds: $0 | Put options by funds: $133K

Holders
196
Holders Change
-12
Holders Change %
-5.77%
% of All Funds
4.32%
Holding in Top 10
1
Holding in Top 10 Change
+1
Holding in Top 10 Change %
% of All Funds
0.02%
New
29
Increased
84
Reduced
61
Closed
39
Calls
Puts
$133K
Net Calls
-$133K
Net Calls Change
-$133K
Name Holding Trade Value Shares
Change
Change in
Stake
Vanguard Group
1
Vanguard Group
Pennsylvania
$217M +$1.42M +116,160 +0.5%
Cohen & Steers
2
Cohen & Steers
New York
$192M +$21.6M +1,763,284 +9%
BlackRock
3
BlackRock
New York
$87.6M +$421K +34,380 +0.4%
SAM
4
Southeastern Asset Management
Tennessee
$62.1M +$84.8M +6,932,094 New
American Century Companies
5
American Century Companies
Missouri
$52.7M -$6.45M -526,977 -8%
ACM
6
AEW Capital Management
Massachusetts
$52.2M +$654K +53,408 +177%
RC
7
Resolution Capital
Australia
$48.6M +$2.19M +179,297 +3%
CIM
8
Centersquare Investment Management
Pennsylvania
$48M -$9.04M -738,853 -12%
State Street
9
State Street
Massachusetts
$46.7M +$1.99M +162,341 +3%
Renaissance Technologies
10
Renaissance Technologies
New York
$41.8M -$2.81M -229,600 -5%
AllianceBernstein
11
AllianceBernstein
Tennessee
$35.7M -$9.06M -740,640 -16%
Bank of New York Mellon
12
Bank of New York Mellon
New York
$32.2M -$691K -56,485 -2%
VCM
13
V3 Capital Management
Texas
$26.5M +$36.2M +2,957,300 New
Fidelity Investments
14
Fidelity Investments
Massachusetts
$24.1M +$1.88M +153,730 +6%
Charles Schwab
15
Charles Schwab
California
$21.5M +$2.18M +177,781 +8%
Dimensional Fund Advisors
16
Dimensional Fund Advisors
Texas
$21.2M -$291K -23,773 -1%
HRES
17
Heitman Real Estate Securities
Illinois
$20.4M +$4.61M +376,600 +20%
Geode Capital Management
18
Geode Capital Management
Massachusetts
$20.4M -$80.8K -6,603 -0.3%
Goldman Sachs
19
Goldman Sachs
New York
$19.3M +$13.2M +1,082,033 +101%
Legal & General Group
20
Legal & General Group
United Kingdom
$18.7M +$4.99M +407,788 +24%
Norges Bank
21
Norges Bank
Norway
$17.2M +$261K +21,294 +1%
VLKIM
22
Van Lanschot Kempen Investment Management
Netherlands
$16.4M +$2.2M +179,900 +11%
Russell Investments Group
23
Russell Investments Group
United Kingdom
$13.1M +$1.21M +98,753 +7%
Northern Trust
24
Northern Trust
Illinois
$13M +$699K +57,125 +4%
ICOM
25
Investment Counselors of Maryland
Maryland
$12.5M +$12.6K +1,029 +0.1%

ESRT Hedge Fund Activity: Q1 2020 in Review

196 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in Empire State Realty Trust (ESRT) for Q1 2020, worth a combined $1.32B — down 34% from $2.01B a quarter earlier.

Sellers outnumbered buyers: 39 funds closed out of ESRT and 29 opened new positions — a net loss of 10 holders — while 61 trimmed existing stakes and 84 added.

The largest buyer was Southeastern Asset Management, opening a new position worth an estimated $84.8M. The largest seller was Invesco, cutting an estimated $100M.

  • 196 institutional investors held Empire State Realty Trust (ESRT) as of Q1 2020, down from 208 in Q4 2019.
  • Funds reported $1.32B of Empire State Realty Trust stock for Q1 2020, down 34% quarter-over-quarter.
  • 29 funds opened new Empire State Realty Trust positions in Q1 2020 and 39 closed out, a net change of -10 holders.
  • The largest Empire State Realty Trust buyer in Q1 2020 was Southeastern Asset Management, an estimated $84.8M added.
  • The largest Empire State Realty Trust seller in Q1 2020 was Invesco, an estimated $100M sold.

Based on aggregated 13F filings for Q1 2020.