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Essex Property Trust

412 hedge funds and large institutions have $15.3B invested in Essex Property Trust in 2016 Q4 according to their latest regulatory filings, with 50 funds opening new positions, 153 increasing their positions, 145 reducing their positions, and 46 closing their positions.

New
Increased
Maintained
Reduced
Closed

79% more call options, than puts

Call options by funds: $32.9M | Put options by funds: $18.4M

6% more capital invested

Capital invested by funds: $14.5B → $15.3B (+$879M)

1.02% more ownership

Funds ownership: 99.8%100.83% (+1%)

9% more first-time investments, than exits

New positions opened: 50 | Existing positions closed: 46

6% more repeat investments, than reductions

Existing positions increased: 153 | Existing positions reduced: 145

0% more funds holding in top 10

Funds holding in top 10: 1111 (0)

1% less funds holding

Funds holding: 415412 (-3)

Holders
412
Holders Change
-3
Holders Change %
-0.72%
% of All Funds
10.3%
Holding in Top 10
11
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.28%
New
50
Increased
153
Reduced
145
Closed
46
Calls
$32.9M
Puts
$18.4M
Net Calls
+$14.5M
Net Calls Change
+$28M
Name Holding Trade Value Shares
Change
Change in
Stake
SP
101
Sarasin & Partners
United Kingdom
$12.6M +$1.48M +6,866 +14%
National Pension Service
102
National Pension Service
South Korea
$12.6M +$760K +3,515 +7%
ERSOT
103
Employees Retirement System of Texas
Texas
$11.6M -$605K -2,800 -5%
Nomura Asset Management
104
Nomura Asset Management
Japan
$11.6M +$351K +1,622 +3%
Citigroup
105
Citigroup
New York
$11M +$7.53M +34,847 +282%
CCMH
106
Cornerstone Capital Management Holdings
New York
$10.7M -$280K -1,296 -3%
State of Tennessee, Department of Treasury
107
State of Tennessee, Department of Treasury
Tennessee
$10.6M -$232K -1,074 -2%
ECM
108
EII Capital Management
New York
$10.4M +$725K +3,356 +8%
ESCM
109
Echo Street Capital Management
New York
$10.3M -$13.5M -62,627 -59%
MMEA
110
MEAG MUNICH ERGO AssetManagement
Germany
$10.2M +$994K +4,600 +12%
MME
111
Meag Munich Ergo
Germany
$10.1M +$994K +4,600 +12%
Aviva
112
Aviva
United Kingdom
$10M +$591K +2,733 +7%
AQR Capital Management
113
AQR Capital Management
Connecticut
$9.87M -$548K -2,536 -6%
BCIM
114
British Columbia Investment Management
British Columbia, Canada
$9.74M +$2.43M +11,257 +37%
VOYA Investment Management
115
VOYA Investment Management
Georgia
$9.39M -$669K -3,095 -7%
Balyasny Asset Management
116
Balyasny Asset Management
Illinois
$9.34M +$8.69M +40,190 New
Wells Fargo
117
Wells Fargo
California
$9.3M -$568K -2,629 -6%
Franklin Resources
118
Franklin Resources
California
$8.84M -$1.68M -7,753 -17%
AIM
119
abrdn Investment Management
United Kingdom
$8.84M +$1.99M +9,186 +32%
MLICM
120
Metropolitan Life Insurance Company (MetLife)
New York
$8.74M -$123K -570 -1%
AssetMark Inc
121
AssetMark Inc
California
$8.36M +$460K +2,129 +6%
LIMS
122
Lasalle Investment Management Securities
Maryland
$7.95M
PAMU
123
Pictet Asset Management (UK)
United Kingdom
$7.88M -$41.1K -190 -0.6%
Thrivent Financial for Lutherans
124
Thrivent Financial for Lutherans
Minnesota
$7.84M -$471K -2,180 -6%
Retirement Systems of Alabama
125
Retirement Systems of Alabama
Alabama
$7.43M -$251K -1,163 -4%

ESS Hedge Fund Activity: Q4 2016 in Review

412 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in Essex Property Trust (ESS) for Q4 2016, worth a combined $15.3B — up 6.1% from $14.5B a quarter earlier.

Buyers outnumbered sellers: 50 funds opened new ESS positions and 46 closed out — a net gain of 4 holders — while 153 added to existing stakes and 145 trimmed.

The largest buyer was Deutsche Bank, adding an estimated $131M. The largest seller was Janus Henderson Investors US, cutting an estimated $62.2M.

  • 412 institutional investors held Essex Property Trust (ESS) as of Q4 2016, down from 415 in Q3 2016.
  • Funds reported $15.3B of Essex Property Trust stock for Q4 2016, up 6.1% quarter-over-quarter.
  • 50 funds opened new Essex Property Trust positions in Q4 2016 and 46 closed out, a net change of +4 holders.
  • The largest Essex Property Trust buyer in Q4 2016 was Deutsche Bank, an estimated $131M added.
  • The largest Essex Property Trust seller in Q4 2016 was Janus Henderson Investors US, an estimated $62.2M sold.

Based on aggregated 13F filings for Q4 2016.