Essex Property Trust
399 hedge funds and large institutions have $14.6B invested in Essex Property Trust in 2015 Q1 according to their latest regulatory filings, with 41 funds opening new positions, 162 increasing their positions, 131 reducing their positions, and 30 closing their positions.
50% more funds holding in top 10
Funds holding in top 10: 8 → 12 (+4)
37% more first-time investments, than exits
New positions opened: 41 | Existing positions closed: 30
24% more repeat investments, than reductions
Existing positions increased: 162 | Existing positions reduced: 131
12% more capital invested
Capital invested by funds: $13B → $14.6B (+$1.62B)
1% more funds holding
Funds holding: 394 → 399 (+5)
0.74% less ownership
Funds ownership: 98.41% → 97.67% (-0.74%)
33% less call options, than puts
Call options by funds: $5.22M | Put options by funds: $7.81M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
State Street
Boston,
Massachusetts
|
+$161M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$94.1M |
| 3 |
Millennium Management
New York
|
+$45.5M |
| 4 |
JP Morgan Chase
New York
|
+$36.6M |
| 5 |
Principal Financial Group
Des Moines,
Iowa
|
+$29.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Cohen & Steers
New York
|
-$165M |
| 2 |
Invesco
Atlanta,
Georgia
|
-$83.4M |
| 3 |
Bank of New York Mellon
New York
|
-$42.7M |
| 4 |
SAMC
Shinko Asset Management Company
Tokyo,
Japan
|
-$42.5M |
| 5 |
CIMLRA
CBRE Investment Management Listed Real Assets
Radnor,
Pennsylvania
|
-$36.2M |
ESS Hedge Fund Activity: Q1 2015 in Review
399 of the 3,770 institutional investors tracked by Wall St. Rank reported a position in Essex Property Trust (ESS) for Q1 2015, worth a combined $14.6B — up 12% from $13B a quarter earlier.
Buyers outnumbered sellers: 41 funds opened new ESS positions and 30 closed out — a net gain of 11 holders — while 162 added to existing stakes and 131 trimmed.
The largest buyer was State Street, adding an estimated $161M. The largest seller was Cohen & Steers, cutting an estimated $165M.
- 399 institutional investors held Essex Property Trust (ESS) as of Q1 2015, up from 394 in Q4 2014.
- Funds reported $14.6B of Essex Property Trust stock for Q1 2015, up 12% quarter-over-quarter.
- 41 funds opened new Essex Property Trust positions in Q1 2015 and 30 closed out, a net change of +11 holders.
- The largest Essex Property Trust buyer in Q1 2015 was State Street, an estimated $161M added.
- The largest Essex Property Trust seller in Q1 2015 was Cohen & Steers, an estimated $165M sold.
Based on aggregated 13F filings for Q1 2015.