Empire State Realty Trust
ESRT
190 hedge funds and large institutions have $889M invested in Empire State Realty Trust in 2020 Q3 according to their latest regulatory filings, with 29 funds opening new positions, 72 increasing their positions, 64 reducing their positions, and 33 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
13% more repeat investments, than reductions
Existing positions increased: 72 | Existing positions reduced: 64
3.06% more ownership
Funds ownership: 81.46% → 84.53% (+3.1%)
3% less funds holding
Funds holding: 195 → 190 (-5)
11% less capital invested
Capital invested by funds: $995M → $889M (-$106M)
12% less first-time investments, than exits
New positions opened: 29 | Existing positions closed: 33
72% less call options, than puts
Call options by funds: $228K | Put options by funds: $802K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LIMS
Lasalle Investment Management Securities
Baltimore,
Maryland
|
+$28.8M |
| 2 |
Massachusetts Financial Services
Boston,
Massachusetts
|
+$14.9M |
| 3 |
Sumitomo Mitsui Trust Group
Minato-Ku, Tokyo,
Japan
|
+$13.9M |
| 4 |
NM
Newtyn Management
New York
|
+$7.14M |
| 5 |
HCM
HGI Capital Management
New York
|
+$7.06M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RC
Resolution Capital
Sydney, NSW,
Australia
|
-$20.3M |
| 2 |
Renaissance Technologies
New York
|
-$16.3M |
| 3 |
WCP
Waterfront Capital Partners
New York
|
-$12.2M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
-$10.1M |
| 5 |
LPC
Long Pond Capital
New York
|
-$7.57M |
ESRT Hedge Fund Activity: Q3 2020 in Review
190 of the 4,970 institutional investors tracked by Wall St. Rank reported a position in Empire State Realty Trust (ESRT) for Q3 2020, worth a combined $889M — down 11% from $995M a quarter earlier.
Sellers outnumbered buyers: 33 funds closed out of ESRT and 29 opened new positions — a net loss of 4 holders — while 64 trimmed existing stakes and 72 added.
The largest buyer was Lasalle Investment Management Securities, adding an estimated $28.8M. The largest seller was Resolution Capital, exiting entirely with an estimated $20.3M sold.
- 190 institutional investors held Empire State Realty Trust (ESRT) as of Q3 2020, down from 195 in Q2 2020.
- Funds reported $889M of Empire State Realty Trust stock for Q3 2020, down 11% quarter-over-quarter.
- 29 funds opened new Empire State Realty Trust positions in Q3 2020 and 33 closed out, a net change of -4 holders.
- The largest Empire State Realty Trust buyer in Q3 2020 was Lasalle Investment Management Securities, an estimated $28.8M added.
- The largest Empire State Realty Trust seller in Q3 2020 was Resolution Capital, an estimated $20.3M sold.
Based on aggregated 13F filings for Q3 2020.