Essex Property Trust
448 hedge funds and large institutions have $15.5B invested in Essex Property Trust in 2017 Q4 according to their latest regulatory filings, with 61 funds opening new positions, 169 increasing their positions, 139 reducing their positions, and 42 closing their positions.
45% more first-time investments, than exits
New positions opened: 61 | Existing positions closed: 42
22% more repeat investments, than reductions
Existing positions increased: 169 | Existing positions reduced: 139
4% more funds holding
Funds holding: 431 → 448 (+17)
0.03% more ownership
Funds ownership: 97.27% → 97.3% (+0.03%)
5% less capital invested
Capital invested by funds: $16.3B → $15.5B (-$794M)
36% less funds holding in top 10
Funds holding in top 10: 11 → 7 (-4)
38% less call options, than puts
Call options by funds: $14.6M | Put options by funds: $23.4M
Top Buyers
| 1 |
BC
Brookfield Corp
Toronto,
Ontario, Canada
|
+$134M |
| 2 |
JP Morgan Chase
New York
|
+$51.1M |
| 3 |
N
Nuveen
Charlotte,
North Carolina
|
+$41.2M |
| 4 |
Cohen & Steers
New York
|
+$34.4M |
| 5 |
Janus Henderson Group
London,
United Kingdom
|
+$33.2M |
Top Sellers
| 1 |
Invesco
Atlanta,
Georgia
|
-$95.2M |
| 2 |
Bank of New York Mellon
New York
|
-$65.6M |
| 3 |
American Century Companies
Kansas City,
Missouri
|
-$49.5M |
| 4 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$39.9M |
| 5 |
AAMU
APG Asset Management US
New York
|
-$39.2M |
ESS Hedge Fund Activity: Q4 2017 in Review
448 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in Essex Property Trust (ESS) for Q4 2017, worth a combined $15.5B — down 4.9% from $16.3B a quarter earlier.
Buyers outnumbered sellers: 61 funds opened new ESS positions and 42 closed out — a net gain of 19 holders — while 169 added to existing stakes and 139 trimmed.
The largest buyer was Brookfield Corp, opening a new position worth an estimated $134M. The largest seller was Invesco, cutting an estimated $95.2M.
- 448 institutional investors held Essex Property Trust (ESS) as of Q4 2017, up from 431 in Q3 2017.
- Funds reported $15.5B of Essex Property Trust stock for Q4 2017, down 4.9% quarter-over-quarter.
- 61 funds opened new Essex Property Trust positions in Q4 2017 and 42 closed out, a net change of +19 holders.
- The largest Essex Property Trust buyer in Q4 2017 was Brookfield Corp, an estimated $134M added.
- The largest Essex Property Trust seller in Q4 2017 was Invesco, an estimated $95.2M sold.
Based on aggregated 13F filings for Q4 2017.