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Essex Property Trust

415 hedge funds and large institutions have $14.5B invested in Essex Property Trust in 2016 Q3 according to their latest regulatory filings, with 34 funds opening new positions, 133 increasing their positions, 172 reducing their positions, and 47 closing their positions.

New
Increased
Maintained
Reduced
Closed

10% more funds holding in top 10

Funds holding in top 10: 1011 (+1)

0.13% less ownership

Funds ownership: 99.93%99.8% (-0.13%)

3% less capital invested

Capital invested by funds: $14.9B → $14.5B (-$436M)

4% less funds holding

Funds holding: 432415 (-17)

23% less repeat investments, than reductions

Existing positions increased: 133 | Existing positions reduced: 172

28% less first-time investments, than exits

New positions opened: 34 | Existing positions closed: 47

53% less call options, than puts

Call options by funds: $12.1M | Put options by funds: $25.6M

Holders
415
Holders Change
-17
Holders Change %
-3.94%
% of All Funds
11.07%
Holding in Top 10
11
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+10%
% of All Funds
0.29%
New
34
Increased
133
Reduced
172
Closed
47
Calls
$12.1M
Puts
$25.6M
Net Calls
-$13.5M
Net Calls Change
-$8.73M
Name Holding Trade Value Shares
Change
Change in
Stake
BNP Paribas Asset Management
226
BNP Paribas Asset Management
France
$1.43M -$1.11M -4,867 -43%
CGH
227
Crossmark Global Holdings
Texas
$1.42M +$1.27M +5,588 New
PNC Financial Services Group
228
PNC Financial Services Group
Pennsylvania
$1.42M -$360K -1,581 -20%
HSS
229
Harrison Street Securities
Illinois
$1.41M +$121K +534 +9%
GIA
230
Gateway Investment Advisers
Ohio
$1.41M +$5.91K +26 +0.4%
IRF
231
IBM Retirement Fund
New York
$1.37M -$360K -1,582 -20%
MYAM
232
Meiji Yasuda Asset Management
Japan
$1.35M +$284K +1,250 +26%
MCM
233
Millie Capital Management
California
$1.28M +$185K +813 +16%
KFC
234
Klingenstein Fields & Co
New York
$1.27M
CAM
235
Capstone Asset Management
Texas
$1.25M +$35.9K +158 +3%
AMI
236
Amica Mutual Insurance
Rhode Island
$1.25M
CSS
237
Cubist Systematic Strategies
Connecticut
$1.24M +$1.26M +5,551 New
UFG
238
United Fire Group
Iowa
$1.19M
ARTA
239
A.R.T. Advisors
New York
$1.16M -$532K -2,339 -31%
US Bancorp
240
US Bancorp
Minnesota
$1.15M -$366K -1,611 -24%
KRS
241
Kentucky Retirement Systems
Kentucky
$1.11M -$127K -558 -10%
EAM
242
EULAV Asset Management
Florida
$1.1M -$1.25M -5,500 -53%
CA
243
Cetera Advisors
Colorado
$1.1M -$910 -4 -0.1%
LS
244
Livforsakringsbolaget Skandia
Sweden
$1.09M -$500K -2,200 -31%
SIM
245
Sentry Investment Management
Wisconsin
$1.08M
1GA
246
1st Global Advisors
Texas
$1.07M -$90.5K -398 -8%
Ninety One (UK)
247
Ninety One (UK)
United Kingdom
$1.05M -$45.5K -200 -4%
NFA
248
Nuveen Fund Advisors
Illinois
$1.04M -$44.1K -194 -4%
PA
249
Profund Advisors
Maryland
$1.02M -$1.36K -6 -0.1%
XK
250
Xact Kapitalforvaltning
Sweden
$997K +$1.02M +4,477 New

ESS Hedge Fund Activity: Q3 2016 in Review

415 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Essex Property Trust (ESS) for Q3 2016, worth a combined $14.5B — down 2.9% from $14.9B a quarter earlier.

Sellers outnumbered buyers: 47 funds closed out of ESS and 34 opened new positions — a net loss of 13 holders — while 172 trimmed existing stakes and 133 added.

The largest buyer was Long Pond Capital, adding an estimated $118M. The largest seller was Cohen & Steers, cutting an estimated $173M.

  • 415 institutional investors held Essex Property Trust (ESS) as of Q3 2016, down from 432 in Q2 2016.
  • Funds reported $14.5B of Essex Property Trust stock for Q3 2016, down 2.9% quarter-over-quarter.
  • 34 funds opened new Essex Property Trust positions in Q3 2016 and 47 closed out, a net change of -13 holders.
  • The largest Essex Property Trust buyer in Q3 2016 was Long Pond Capital, an estimated $118M added.
  • The largest Essex Property Trust seller in Q3 2016 was Cohen & Steers, an estimated $173M sold.

Based on aggregated 13F filings for Q3 2016.