Essex Property Trust
354 hedge funds and large institutions have $11.6B invested in Essex Property Trust in 2014 Q2 according to their latest regulatory filings, with 123 funds opening new positions, 157 increasing their positions, 60 reducing their positions, and 32 closing their positions.
284% more first-time investments, than exits
New positions opened: 123 | Existing positions closed: 32
162% more repeat investments, than reductions
Existing positions increased: 157 | Existing positions reduced: 60
59% more capital invested
Capital invested by funds: $7.3B → $11.6B (+$4.28B)
50% more funds holding in top 10
Funds holding in top 10: 8 → 12 (+4)
34% more funds holding
Funds holding: 264 → 354 (+90)
11.05% less ownership
Funds ownership: 111.24% → 100.19% (-11%)
59% less call options, than puts
Call options by funds: $6.23M | Put options by funds: $15M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
+$736M |
| 2 |
CIMLRA
CBRE Investment Management Listed Real Assets
Radnor,
Pennsylvania
|
+$288M |
| 3 |
State Street
Boston,
Massachusetts
|
+$288M |
| 4 |
Norges Bank
Oslo,
Norway
|
+$162M |
| 5 |
BIT
BlackRock Institutional Trust
San Francisco,
California
|
+$146M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
-$67.2M |
| 2 |
CBOA
Commonwealth Bank of Australia
Sydney, NSW,
Australia
|
-$47.6M |
| 3 |
Allianz Asset Management
Munich,
Germany
|
-$38.7M |
| 4 |
Renaissance Technologies
New York
|
-$37.9M |
| 5 |
BC
Brookfield Corp
Toronto,
Ontario, Canada
|
-$36.9M |
ESS Hedge Fund Activity: Q2 2014 in Review
354 of the 3,491 institutional investors tracked by Wall St. Rank reported a position in Essex Property Trust (ESS) for Q2 2014, worth a combined $11.6B — up 59% from $7.3B a quarter earlier.
Buyers outnumbered sellers: 123 funds opened new ESS positions and 32 closed out — a net gain of 91 holders — while 157 added to existing stakes and 60 trimmed.
The largest buyer was Vanguard Group, adding an estimated $736M. The largest seller was Goldman Sachs, cutting an estimated $67.2M.
- 354 institutional investors held Essex Property Trust (ESS) as of Q2 2014, up from 264 in Q1 2014.
- Funds reported $11.6B of Essex Property Trust stock for Q2 2014, up 59% quarter-over-quarter.
- 123 funds opened new Essex Property Trust positions in Q2 2014 and 32 closed out, a net change of +91 holders.
- The largest Essex Property Trust buyer in Q2 2014 was Vanguard Group, an estimated $736M added.
- The largest Essex Property Trust seller in Q2 2014 was Goldman Sachs, an estimated $67.2M sold.
Based on aggregated 13F filings for Q2 2014.