Essex Property Trust
ESS
497 hedge funds and large institutions have $18.8B invested in Essex Property Trust in 2019 Q1 according to their latest regulatory filings, with 55 funds opening new positions, 167 increasing their positions, 184 reducing their positions, and 45 closing their positions.
22% more funds holding in top 10
Funds holding in top 10: 9 → 11 (+2)
22% more first-time investments, than exits
New positions opened: 55 | Existing positions closed: 45
20% more capital invested
Capital invested by funds: $15.6B → $18.8B (+$3.14B)
2.12% more ownership
Funds ownership: 96.52% → 98.64% (+2.1%)
2% more funds holding
Funds holding: 489 → 497 (+8)
9% less repeat investments, than reductions
Existing positions increased: 167 | Existing positions reduced: 184
16% less call options, than puts
Call options by funds: $66.2M | Put options by funds: $78.5M
Top Buyers
| 1 |
State Street
Boston,
Massachusetts
|
+$142M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$115M |
| 3 |
Lido Advisors
Los Angeles,
California
|
+$45.3M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$41.2M |
| 5 |
H
Hexavest
Montreal,
Quebec, Canada
|
+$38.4M |
Top Sellers
| 1 |
Cohen & Steers
New York
|
-$45.1M |
| 2 |
Millennium Management
New York
|
-$35.4M |
| 3 |
JP Morgan Chase
New York
|
-$26.7M |
| 4 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$25.9M |
| 5 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$22.3M |
ESS Hedge Fund Activity: Q1 2019 in Review
497 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in Essex Property Trust (ESS) for Q1 2019, worth a combined $18.8B — up 20% from $15.6B a quarter earlier.
Buyers outnumbered sellers: 55 funds opened new ESS positions and 45 closed out — a net gain of 10 holders — while 167 added to existing stakes and 184 trimmed.
The largest buyer was State Street, adding an estimated $142M. The largest seller was Cohen & Steers, cutting an estimated $45.1M.
- 497 institutional investors held Essex Property Trust (ESS) as of Q1 2019, up from 489 in Q4 2018.
- Funds reported $18.8B of Essex Property Trust stock for Q1 2019, up 20% quarter-over-quarter.
- 55 funds opened new Essex Property Trust positions in Q1 2019 and 45 closed out, a net change of +10 holders.
- The largest Essex Property Trust buyer in Q1 2019 was State Street, an estimated $142M added.
- The largest Essex Property Trust seller in Q1 2019 was Cohen & Steers, an estimated $45.1M sold.
Based on aggregated 13F filings for Q1 2019.