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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
Norges Bank
26
Norges Bank
Norway
$106M
Legal & General Group
27
Legal & General Group
United Kingdom
$97.5M +$2.53M +11,121 +3%
BC
28
Brookfield Corp
Ontario, Canada
$96.8M +$98.9M +434,675 New
Boston Partners
29
Boston Partners
Massachusetts
$96.6M -$20.1M -88,289 -17%
Ameriprise
30
Ameriprise
Minnesota
$80.2M +$3.83M +16,856 +5%
JHIU
31
Janus Henderson Investors US
Colorado
$78.9M -$53M -233,042 -40%
EA
32
Emerald Acquisition
Washington
$69.6M -$16.1M -70,725 -18%
Bank of Montreal
33
Bank of Montreal
Ontario, Canada
$68.5M +$33.2M +145,978 +90%
CS
34
Credit Suisse
Switzerland
$65.8M +$6.89M +30,303 +11%
HRES
35
Heitman Real Estate Securities
Illinois
$64.5M +$25.8M +113,470 +64%
Bank of America
36
Bank of America
North Carolina
$62.5M -$6.6M -29,009 -9%
N
37
Nuveen
North Carolina
$62M -$32.8M -144,175 -34%
TA
38
Teachers Advisors
New York
$61.4M -$25.9M -114,019 -29%
Victory Capital Management
39
Victory Capital Management
Texas
$61.3M -$1.81M -7,940 -3%
Swiss National Bank
40
Swiss National Bank
Switzerland
$61.2M -$978K -4,300 -2%
BlackRock
41
BlackRock
New York
$57.6M -$4.3M -18,884 -7%
Royal Bank of Canada
42
Royal Bank of Canada
Ontario, Canada
$57M +$9.5M +41,778 +20%
Goldman Sachs
43
Goldman Sachs
New York
$55.3M +$3.48M +15,303 +7%
UBS AM
44
UBS AM
Illinois
$51.2M -$318K -1,396 -0.6%
Sumitomo Mitsui Trust Group
45
Sumitomo Mitsui Trust Group
Japan
$50.6M -$718K -3,158 -1%
SCRM
46
Security Capital Research & Management
Illinois
$47.5M -$10.8M -47,473 -18%
Asset Management One
47
Asset Management One
Japan
$43.8M -$1.84M -8,089 -4%
Deutsche Bank
48
Deutsche Bank
Germany
$43M +$1.62M +7,141 +4%
PS
49
Presima Securities
Quebec, Canada
$38.6M -$159K -700 -0.4%
State of New Jersey Common Pension Fund D
50
State of New Jersey Common Pension Fund D
New Jersey
$36.8M -$455K -2,000 -1%

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.