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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
Canada Pension Plan Investment Board
101
Canada Pension Plan Investment Board
Ontario, Canada
$12.2M +$3.91M +17,200 +46%
ERSOT
102
Employees Retirement System of Texas
Texas
$11.8M +$5.84M +25,677 +95%
National Pension Service
103
National Pension Service
South Korea
$11.3M +$983K +4,321 +9%
Credit Agricole
104
Credit Agricole
France
$11.3M +$2.83M +12,447 +33%
Citadel Advisors
105
Citadel Advisors
Florida
$10.8M +$10.8M +47,305 +3,985%
Nomura Asset Management
106
Nomura Asset Management
Japan
$10.7M -$10.7K -47 -0.1%
SP
107
Sarasin & Partners
United Kingdom
$10.6M
CCMH
108
Cornerstone Capital Management Holdings
New York
$10.5M -$1.92M -8,425 -15%
Capital Fund Management (CFM)
109
Capital Fund Management (CFM)
France
$10.4M +$10.6M +46,754 New
State of Tennessee, Department of Treasury
110
State of Tennessee, Department of Treasury
Tennessee
$10.4M +$7.25M +31,853 +217%
Franklin Resources
111
Franklin Resources
California
$10.2M +$22.7K +100 +0.2%
AQR Capital Management
112
AQR Capital Management
Connecticut
$10M +$473K +2,079 +5%
Wells Fargo
113
Wells Fargo
California
$9.49M -$2.71M -11,902 -22%
ECM
114
EII Capital Management
New York
$9.18M -$1.79M -7,850 -16%
Aviva
115
Aviva
United Kingdom
$9M +$244K +1,073 +3%
MME
116
Meag Munich Ergo
Germany
$8.87M +$848K +3,730 +10%
MMEA
117
MEAG MUNICH ERGO AssetManagement
Germany
$8.75M +$848K +3,730 +10%
MLICM
118
Metropolitan Life Insurance Company (MetLife)
New York
$8.5M -$68.9K -303 -0.8%
KBC Group
119
KBC Group
Belgium
$8.36M +$1.53M +6,722 +22%
Thrivent Financial for Lutherans
120
Thrivent Financial for Lutherans
Minnesota
$8M +$45.5K +200 +0.6%
MAM
121
Martingale Asset Management
Massachusetts
$7.79M -$2.21M -9,713 -22%
LIMS
122
Lasalle Investment Management Securities
Maryland
$7.62M
PAMU
123
Pictet Asset Management (UK)
United Kingdom
$7.59M +$132K +580 +2%
AssetMark Inc
124
AssetMark Inc
California
$7.53M -$2.3M -10,130 -23%
First Trust Advisors
125
First Trust Advisors
Illinois
$7.5M -$5.23M -23,006 -41%

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.