Essex Property Trust
546 hedge funds and large institutions have $15.6B invested in Essex Property Trust in 2023 Q4 according to their latest regulatory filings, with 79 funds opening new positions, 177 increasing their positions, 215 reducing their positions, and 50 closing their positions.
200% more funds holding in top 10
Funds holding in top 10: 1 → 3 (+2)
58% more first-time investments, than exits
New positions opened: 79 | Existing positions closed: 50
20% more capital invested
Capital invested by funds: $13B → $15.6B (+$2.61B)
4% more funds holding
Funds holding: 523 → 546 (+23)
2.67% more ownership
Funds ownership: 94.99% → 97.66% (+2.7%)
9% less call options, than puts
Call options by funds: $21.3M | Put options by funds: $23.5M
18% less repeat investments, than reductions
Existing positions increased: 177 | Existing positions reduced: 215
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Cohen & Steers
New York
|
+$161M |
| 2 |
Morgan Stanley
New York
|
+$156M |
| 3 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$133M |
| 4 |
Norges Bank
Oslo,
Norway
|
+$105M |
| 5 |
Daiwa Securities Group
Tokyo,
Japan
|
+$78.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
-$114M |
| 2 |
LIMS
Lasalle Investment Management Securities
Baltimore,
Maryland
|
-$57M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
-$53.6M |
| 4 |
Sumitomo Mitsui Trust Group
Minato-Ku, Tokyo,
Japan
|
-$48.7M |
| 5 |
Northern Trust
Chicago,
Illinois
|
-$47.3M |
ESS Hedge Fund Activity: Q4 2023 in Review
546 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in Essex Property Trust (ESS) for Q4 2023, worth a combined $15.6B — up 20% from $13B a quarter earlier.
Buyers outnumbered sellers: 79 funds opened new ESS positions and 50 closed out — a net gain of 29 holders — while 177 added to existing stakes and 215 trimmed.
The largest buyer was Cohen & Steers, adding an estimated $161M. The largest seller was Citadel Advisors, cutting an estimated $114M.
- 546 institutional investors held Essex Property Trust (ESS) as of Q4 2023, up from 523 in Q3 2023.
- Funds reported $15.6B of Essex Property Trust stock for Q4 2023, up 20% quarter-over-quarter.
- 79 funds opened new Essex Property Trust positions in Q4 2023 and 50 closed out, a net change of +29 holders.
- The largest Essex Property Trust buyer in Q4 2023 was Cohen & Steers, an estimated $161M added.
- The largest Essex Property Trust seller in Q4 2023 was Citadel Advisors, an estimated $114M sold.
Based on aggregated 13F filings for Q4 2023.