Essex Property Trust
516 hedge funds and large institutions have $14.9B invested in Essex Property Trust in 2020 Q4 according to their latest regulatory filings, with 86 funds opening new positions, 175 increasing their positions, 198 reducing their positions, and 42 closing their positions.
105% more first-time investments, than exits
New positions opened: 86 | Existing positions closed: 42
17% more capital invested
Capital invested by funds: $12.8B → $14.9B (+$2.14B)
13% more funds holding in top 10
Funds holding in top 10: 8 → 9 (+1)
8% more funds holding
Funds holding: 477 → 516 (+39)
1.58% less ownership
Funds ownership: 97.63% → 96.05% (-1.6%)
12% less repeat investments, than reductions
Existing positions increased: 175 | Existing positions reduced: 198
53% less call options, than puts
Call options by funds: $15.7M | Put options by funds: $33.5M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RC
Resolution Capital
Sydney, NSW,
Australia
|
+$134M |
| 2 |
Westfield Capital Management
Boston,
Massachusetts
|
+$109M |
| 3 |
CIM
Centersquare Investment Management
Conshohocken,
Pennsylvania
|
+$94.9M |
| 4 |
Norges Bank
Oslo,
Norway
|
+$89.1M |
| 5 |
AAMU
APG Asset Management US
New York
|
+$79.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Cohen & Steers
New York
|
-$235M |
| 2 |
DCP
D1 Capital Partners
New York
|
-$124M |
| 3 |
BlackRock
New York
|
-$122M |
| 4 |
ZP
Zimmer Partners
New York
|
-$90.2M |
| 5 |
Capital Research Global Investors
Los Angeles,
California
|
-$88.2M |
ESS Hedge Fund Activity: Q4 2020 in Review
516 of the 5,651 institutional investors tracked by Wall St. Rank reported a position in Essex Property Trust (ESS) for Q4 2020, worth a combined $14.9B — up 17% from $12.8B a quarter earlier.
Buyers outnumbered sellers: 86 funds opened new ESS positions and 42 closed out — a net gain of 44 holders — while 175 added to existing stakes and 198 trimmed.
The largest buyer was Resolution Capital, opening a new position worth an estimated $134M. The largest seller was Cohen & Steers, cutting an estimated $235M.
- 516 institutional investors held Essex Property Trust (ESS) as of Q4 2020, up from 477 in Q3 2020.
- Funds reported $14.9B of Essex Property Trust stock for Q4 2020, up 17% quarter-over-quarter.
- 86 funds opened new Essex Property Trust positions in Q4 2020 and 42 closed out, a net change of +44 holders.
- The largest Essex Property Trust buyer in Q4 2020 was Resolution Capital, an estimated $134M added.
- The largest Essex Property Trust seller in Q4 2020 was Cohen & Steers, an estimated $235M sold.
Based on aggregated 13F filings for Q4 2020.