Essex Property Trust
527 hedge funds and large institutions have $12.6B invested in Essex Property Trust in 2022 Q4 according to their latest regulatory filings, with 78 funds opening new positions, 199 increasing their positions, 179 reducing their positions, and 62 closing their positions.
26% more first-time investments, than exits
New positions opened: 78 | Existing positions closed: 62
11% more repeat investments, than reductions
Existing positions increased: 199 | Existing positions reduced: 179
1% more funds holding
Funds holding: 524 → 527 (+3)
2.29% less ownership
Funds ownership: 95.42% → 93.13% (-2.3%)
16% less capital invested
Capital invested by funds: $15B → $12.6B (-$2.45B)
38% less funds holding in top 10
Funds holding in top 10: 8 → 5 (-3)
48% less call options, than puts
Call options by funds: $10.8M | Put options by funds: $20.6M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PI
PGGM Investments
Zeist,
Netherlands
|
+$134M |
| 2 |
Millennium Management
New York
|
+$132M |
| 3 |
Massachusetts Financial Services
Boston,
Massachusetts
|
+$76.9M |
| 4 |
State Street
Boston,
Massachusetts
|
+$70.1M |
| 5 |
BlackRock
New York
|
+$56M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Cohen & Steers
New York
|
-$246M |
| 2 |
RC
Resolution Capital
Sydney, NSW,
Australia
|
-$165M |
| 3 |
Janus Henderson Group
London,
United Kingdom
|
-$139M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
-$126M |
| 5 |
AAMU
APG Asset Management US
New York
|
-$75M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
GWSG
576
GPS Wealth Strategies Group
Centennial,
Colorado
| – | -$52K | -213 | Closed |
|
|
RTC
577
Riverview Trust Company
Vancouver,
Washington
| – | -$12K | -48 | Closed |
|
|
IFAM
578
Institutional & Family Asset Management
Fort Collins,
Colorado
| – | -$8K | -34 | Closed |
|
|
CA
579
Crewe Advisors
Salt Lake City,
Utah
| – | -$8K | -33 | Closed |
|
|
TWC
580
TD Waterhouse Canada
Toronto,
Ontario, Canada
| – | -$7.4K | -30 | Closed |
|
|
CFO
581
CVA Family Office
Denver,
Colorado
| – | -$5K | -20 | Closed |
|
|
HR
582
Howe & Rusling
Rochester,
New York
| – | -$3K | -12 | Closed |
|
|
AF
583
Advisornet Financial
Minnetonka,
Minnesota
| – | -$2K | -7 | Closed |
|
584
Simplex Trading
Chicago,
Illinois
| – | -$1.31K | -6 | Closed |
|
|
SFO
585
Standard Family Office
Sioux Falls,
South Dakota
| – | -$1K | -6 | Closed |
|
|
PFPT
586
Pinnacle Financial Partners (Tennessee)
Nashville,
Tennessee
| – | -$1K | -5 | Closed |
|
|
CAC
587
Core Alternative Capital
Peachtree Corners,
Georgia
| – | -$1K | -4 | Closed |
|
ESS Hedge Fund Activity: Q4 2022 in Review
527 of the 6,221 institutional investors tracked by Wall St. Rank reported a position in Essex Property Trust (ESS) for Q4 2022, worth a combined $12.6B — down 16% from $15B a quarter earlier.
Buyers outnumbered sellers: 78 funds opened new ESS positions and 62 closed out — a net gain of 16 holders — while 199 added to existing stakes and 179 trimmed.
The largest buyer was PGGM Investments, adding an estimated $134M. The largest seller was Cohen & Steers, cutting an estimated $246M.
- 527 institutional investors held Essex Property Trust (ESS) as of Q4 2022, up from 524 in Q3 2022.
- Funds reported $12.6B of Essex Property Trust stock for Q4 2022, down 16% quarter-over-quarter.
- 78 funds opened new Essex Property Trust positions in Q4 2022 and 62 closed out, a net change of +16 holders.
- The largest Essex Property Trust buyer in Q4 2022 was PGGM Investments, an estimated $134M added.
- The largest Essex Property Trust seller in Q4 2022 was Cohen & Steers, an estimated $246M sold.
Based on aggregated 13F filings for Q4 2022.