Essex Property Trust
417 hedge funds and large institutions have $14.9B invested in Essex Property Trust in 2016 Q1 according to their latest regulatory filings, with 47 funds opening new positions, 158 increasing their positions, 149 reducing their positions, and 28 closing their positions.
68% more first-time investments, than exits
New positions opened: 47 | Existing positions closed: 28
64% more call options, than puts
Call options by funds: $25.9M | Put options by funds: $15.8M
7.71% more ownership
Funds ownership: 97.26% → 104.96% (+7.7%)
3% more funds holding
Funds holding: 403 → 417 (+14)
6% more repeat investments, than reductions
Existing positions increased: 158 | Existing positions reduced: 149
0% more funds holding in top 10
Funds holding in top 10: 11 → 11 (0)
2% less capital invested
Capital invested by funds: $15.2B → $14.9B (-$323M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal London Asset Management
United Kingdom
|
+$807M |
| 2 |
Cohen & Steers
New York
|
+$261M |
| 3 |
Daiwa Securities Group
Tokyo,
Japan
|
+$127M |
| 4 |
Prudential Financial
Newark,
New Jersey
|
+$103M |
| 5 |
Schroder Investment Management Group
London,
United Kingdom
|
+$62.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$194M |
| 2 |
CIMLRA
CBRE Investment Management Listed Real Assets
Radnor,
Pennsylvania
|
-$94.9M |
| 3 |
IG
ING Group
Amsterdam,
Netherlands
|
-$60.3M |
| 4 |
Boston Partners
Boston,
Massachusetts
|
-$54.6M |
| 5 |
PI
PGGM Investments
Zeist,
Netherlands
|
-$51.5M |
ESS Hedge Fund Activity: Q1 2016 in Review
417 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in Essex Property Trust (ESS) for Q1 2016, worth a combined $14.9B — down 2.1% from $15.2B a quarter earlier.
Buyers outnumbered sellers: 47 funds opened new ESS positions and 28 closed out — a net gain of 19 holders — while 158 added to existing stakes and 149 trimmed.
The largest buyer was Royal London Asset Management, adding an estimated $807M. The largest seller was Deutsche Bank, cutting an estimated $194M.
- 417 institutional investors held Essex Property Trust (ESS) as of Q1 2016, up from 403 in Q4 2015.
- Funds reported $14.9B of Essex Property Trust stock for Q1 2016, down 2.1% quarter-over-quarter.
- 47 funds opened new Essex Property Trust positions in Q1 2016 and 28 closed out, a net change of +19 holders.
- The largest Essex Property Trust buyer in Q1 2016 was Royal London Asset Management, an estimated $807M added.
- The largest Essex Property Trust seller in Q1 2016 was Deutsche Bank, an estimated $194M sold.
Based on aggregated 13F filings for Q1 2016.