Essex Property Trust
253 hedge funds and large institutions have $5.52B invested in Essex Property Trust in 2013 Q3 according to their latest regulatory filings, with 25 funds opening new positions, 93 increasing their positions, 101 reducing their positions, and 19 closing their positions.
64% more call options, than puts
Call options by funds: $18.6M | Put options by funds: $11.3M
32% more first-time investments, than exits
New positions opened: 25 | Existing positions closed: 19
2% more funds holding
Funds holding: 249 → 253 (+4)
8% less repeat investments, than reductions
Existing positions increased: 93 | Existing positions reduced: 101
1.72% less ownership
Funds ownership: 99.99% → 98.27% (-1.7%)
9% less capital invested
Capital invested by funds: $6.04B → $5.52B (-$515M)
17% less funds holding in top 10
Funds holding in top 10: 6 → 5 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ACI
AMP Capital Investors
Sydney,
Australia
|
+$50M |
| 2 |
O
OppenheimerFunds
New York
|
+$43.9M |
| 3 |
BC
Brookfield Corp
Toronto,
Ontario, Canada
|
+$32.5M |
| 4 |
Nuveen
Charlotte,
North Carolina
|
+$32.1M |
| 5 |
IG
ING Group
Amsterdam,
Netherlands
|
+$21.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Cohen & Steers
New York
|
-$75.5M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$65M |
| 3 |
Daiwa Securities Group
Tokyo,
Japan
|
-$38.6M |
| 4 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
-$38.1M |
| 5 |
Invesco
Atlanta,
Georgia
|
-$34.6M |
ESS Hedge Fund Activity: Q3 2013 in Review
253 of the 3,096 institutional investors tracked by Wall St. Rank reported a position in Essex Property Trust (ESS) for Q3 2013, worth a combined $5.52B — down 8.5% from $6.04B a quarter earlier.
Buyers outnumbered sellers: 25 funds opened new ESS positions and 19 closed out — a net gain of 6 holders — while 93 added to existing stakes and 101 trimmed.
The largest buyer was AMP Capital Investors, adding an estimated $50M. The largest seller was Cohen & Steers, cutting an estimated $75.5M.
- 253 institutional investors held Essex Property Trust (ESS) as of Q3 2013, up from 249 in Q2 2013.
- Funds reported $5.52B of Essex Property Trust stock for Q3 2013, down 8.5% quarter-over-quarter.
- 25 funds opened new Essex Property Trust positions in Q3 2013 and 19 closed out, a net change of +6 holders.
- The largest Essex Property Trust buyer in Q3 2013 was AMP Capital Investors, an estimated $50M added.
- The largest Essex Property Trust seller in Q3 2013 was Cohen & Steers, an estimated $75.5M sold.
Based on aggregated 13F filings for Q3 2013.