Essex Property Trust
492 hedge funds and large institutions have $14B invested in Essex Property Trust in 2020 Q1 according to their latest regulatory filings, with 44 funds opening new positions, 197 increasing their positions, 191 reducing their positions, and 83 closing their positions.
3% more repeat investments, than reductions
Existing positions increased: 197 | Existing positions reduced: 191
0% more funds holding in top 10
Funds holding in top 10: 10 → 10 (0)
1.05% less ownership
Funds ownership: 97.09% → 96.04% (-1.1%)
8% less funds holding
Funds holding: 537 → 492 (-45)
25% less call options, than puts
Call options by funds: $21.8M | Put options by funds: $29.2M
27% less capital invested
Capital invested by funds: $19.3B → $14B (-$5.28B)
47% less first-time investments, than exits
New positions opened: 44 | Existing positions closed: 83
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Cohen & Steers
New York
|
+$96.9M |
| 2 |
ProShare Advisors
Bethesda,
Maryland
|
+$92.5M |
| 3 |
Two Sigma Advisers
New York
|
+$70.8M |
| 4 |
Sumitomo Mitsui Trust Group
Minato-Ku, Tokyo,
Japan
|
+$63.5M |
| 5 |
LIMS
Lasalle Investment Management Securities
Baltimore,
Maryland
|
+$56.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
-$234M |
| 2 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$111M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
-$82.8M |
| 4 |
Balyasny Asset Management
Chicago,
Illinois
|
-$77.5M |
| 5 |
JP Morgan Chase
New York
|
-$71.8M |
ESS Hedge Fund Activity: Q1 2020 in Review
492 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in Essex Property Trust (ESS) for Q1 2020, worth a combined $14B — down 27% from $19.3B a quarter earlier.
Sellers outnumbered buyers: 83 funds closed out of ESS and 44 opened new positions — a net loss of 39 holders — while 191 trimmed existing stakes and 197 added.
The largest buyer was Cohen & Steers, adding an estimated $96.9M. The largest seller was Invesco, cutting an estimated $234M.
- 492 institutional investors held Essex Property Trust (ESS) as of Q1 2020, down from 537 in Q4 2019.
- Funds reported $14B of Essex Property Trust stock for Q1 2020, down 27% quarter-over-quarter.
- 44 funds opened new Essex Property Trust positions in Q1 2020 and 83 closed out, a net change of -39 holders.
- The largest Essex Property Trust buyer in Q1 2020 was Cohen & Steers, an estimated $96.9M added.
- The largest Essex Property Trust seller in Q1 2020 was Invesco, an estimated $234M sold.
Based on aggregated 13F filings for Q1 2020.