Essex Property Trust
361 hedge funds and large institutions have $11.4B invested in Essex Property Trust in 2014 Q3 according to their latest regulatory filings, with 35 funds opening new positions, 131 increasing their positions, 145 reducing their positions, and 27 closing their positions.
153% more call options, than puts
Call options by funds: $12.2M | Put options by funds: $4.81M
30% more first-time investments, than exits
New positions opened: 35 | Existing positions closed: 27
2% more funds holding
Funds holding: 354 → 361 (+7)
0.07% more ownership
Funds ownership: 100.19% → 100.26% (+0.07%)
0% more funds holding in top 10
Funds holding in top 10: 12 → 12 (0)
2% less capital invested
Capital invested by funds: $11.6B → $11.4B (-$205M)
10% less repeat investments, than reductions
Existing positions increased: 131 | Existing positions reduced: 145
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Daiwa Securities Group
Tokyo,
Japan
|
+$145M |
| 2 |
Cohen & Steers
New York
|
+$144M |
| 3 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$97.2M |
| 4 |
PI
PGGM Investments
Zeist,
Netherlands
|
+$95.8M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$52.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ECM
EII Capital Management
New York
|
-$223M |
| 2 |
Norges Bank
Oslo,
Norway
|
-$134M |
| 3 |
CIMLRA
CBRE Investment Management Listed Real Assets
Radnor,
Pennsylvania
|
-$56.7M |
| 4 |
ACM
AEW Capital Management
Boston,
Massachusetts
|
-$37.3M |
| 5 |
Allianz Asset Management
Munich,
Germany
|
-$35.8M |
ESS Hedge Fund Activity: Q3 2014 in Review
361 of the 3,455 institutional investors tracked by Wall St. Rank reported a position in Essex Property Trust (ESS) for Q3 2014, worth a combined $11.4B — down 1.8% from $11.6B a quarter earlier.
Buyers outnumbered sellers: 35 funds opened new ESS positions and 27 closed out — a net gain of 8 holders — while 131 added to existing stakes and 145 trimmed.
The largest buyer was Daiwa Securities Group, adding an estimated $145M. The largest seller was EII Capital Management, cutting an estimated $223M.
- 361 institutional investors held Essex Property Trust (ESS) as of Q3 2014, up from 354 in Q2 2014.
- Funds reported $11.4B of Essex Property Trust stock for Q3 2014, down 1.8% quarter-over-quarter.
- 35 funds opened new Essex Property Trust positions in Q3 2014 and 27 closed out, a net change of +8 holders.
- The largest Essex Property Trust buyer in Q3 2014 was Daiwa Securities Group, an estimated $145M added.
- The largest Essex Property Trust seller in Q3 2014 was EII Capital Management, an estimated $223M sold.
Based on aggregated 13F filings for Q3 2014.