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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
HCM
126
Highbridge Capital Management
New York
$7.45M +$3.47M +15,237 +84%
Retirement Systems of Alabama
127
Retirement Systems of Alabama
Alabama
$7.38M -$52.5K -231 -0.7%
BCIM
128
British Columbia Investment Management
British Columbia, Canada
$6.82M -$1.45M -6,369 -17%
Envestnet Asset Management
129
Envestnet Asset Management
Illinois
$6.56M -$1.48M -6,527 -18%
Lazard Asset Management
130
Lazard Asset Management
New York
$6.55M +$712K +3,129 +12%
TD Asset Management
131
TD Asset Management
Ontario, Canada
$6.44M -$164K -719 -2%
AIM
132
abrdn Investment Management
United Kingdom
$6.42M -$1.08M -4,729 -14%
UBS Group
133
UBS Group
Switzerland
$6.28M -$7.42M -32,614 -54%
Fisher Asset Management
134
Fisher Asset Management
Washington
$6.25M -$1.13M -4,969 -15%
AIMCA
135
Alberta Investment Management Corp (AIMCo)
Alberta, Canada
$6.24M +$6.37M +28,000 New
PP
136
PDT Partners
New York
$5.87M +$5.99M +26,343 New
UCFA
137
United Capital Financial Advisors
Texas
$5.86M +$342K +1,504 +6%
FAF
138
Första AP-fonden
Sweden
$5.86M -$591K -2,600 -9%
OTPPB
139
Ontario Teachers' Pension Plan Board
Ontario, Canada
$5.72M +$147K +647 +3%
AACA
140
American Assets Capital Advisers
California
$5.68M
Teacher Retirement System of Texas
141
Teacher Retirement System of Texas
Texas
$5.65M -$330K -1,451 -5%
ASRS
142
Arizona State Retirement System
Arizona
$5.57M +$22.7K +100 +0.4%
OC
143
Oppenheimer & Co
New York
$5.51M -$13.6K -60 -0.2%
SOADOR
144
State of Alaska Department of Revenue
Alaska
$5.42M -$34.1K -150 -0.6%
AWCI
145
Alpine Woods Capital Investors
New York
$5.35M
AIG
146
American International Group
New York
$5.17M -$31.4K -138 -0.6%
RJA
147
Raymond James & Associates
Florida
$5.09M +$99.4K +437 +2%
SOMRS
148
State of Michigan Retirement System
Michigan
$5.08M +$22.7K +100 +0.4%
APG Asset Management
149
APG Asset Management
Netherlands
$4.94M
Mitsubishi UFJ Asset Management
150
Mitsubishi UFJ Asset Management
Japan
$4.63M +$106K +465 +2%

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.