Essex Property Trust
523 hedge funds and large institutions have $13B invested in Essex Property Trust in 2023 Q3 according to their latest regulatory filings, with 49 funds opening new positions, 172 increasing their positions, 211 reducing their positions, and 50 closing their positions.
76% more call options, than puts
Call options by funds: $25.7M | Put options by funds: $14.7M
1% less funds holding
Funds holding: 528 → 523 (-5)
2% less first-time investments, than exits
New positions opened: 49 | Existing positions closed: 50
1.23% less ownership
Funds ownership: 96.22% → 94.99% (-1.2%)
11% less capital invested
Capital invested by funds: $14.5B → $13B (-$1.52B)
18% less repeat investments, than reductions
Existing positions increased: 172 | Existing positions reduced: 211
86% less funds holding in top 10
Funds holding in top 10: 7 → 1 (-6)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
+$115M |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$101M |
| 3 |
Balyasny Asset Management
Chicago,
Illinois
|
+$50.2M |
| 4 |
Wellington Management Group
Boston,
Massachusetts
|
+$48M |
| 5 |
Cohen & Steers
New York
|
+$38.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
State Street
Boston,
Massachusetts
|
-$210M |
| 2 |
RIM
Rush Island Management
New York
|
-$129M |
| 3 |
PI
PGGM Investments
Zeist,
Netherlands
|
-$65.1M |
| 4 |
WCP
Waterfront Capital Partners
New York
|
-$51.9M |
| 5 |
LIMS
Lasalle Investment Management Securities
Baltimore,
Maryland
|
-$41.2M |
ESS Hedge Fund Activity: Q3 2023 in Review
523 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in Essex Property Trust (ESS) for Q3 2023, worth a combined $13B — down 11% from $14.5B a quarter earlier.
Sellers outnumbered buyers: 50 funds closed out of ESS and 49 opened new positions — a net loss of 1 holder — while 211 trimmed existing stakes and 172 added.
The largest buyer was Citadel Advisors, adding an estimated $115M. The largest seller was State Street, cutting an estimated $210M.
- 523 institutional investors held Essex Property Trust (ESS) as of Q3 2023, down from 528 in Q2 2023.
- Funds reported $13B of Essex Property Trust stock for Q3 2023, down 11% quarter-over-quarter.
- 49 funds opened new Essex Property Trust positions in Q3 2023 and 50 closed out, a net change of -1 holder.
- The largest Essex Property Trust buyer in Q3 2023 was Citadel Advisors, an estimated $115M added.
- The largest Essex Property Trust seller in Q3 2023 was State Street, an estimated $210M sold.
Based on aggregated 13F filings for Q3 2023.