Essex Property Trust
403 hedge funds and large institutions have $15.2B invested in Essex Property Trust in 2015 Q4 according to their latest regulatory filings, with 43 funds opening new positions, 152 increasing their positions, 143 reducing their positions, and 27 closing their positions.
154% more call options, than puts
Call options by funds: $8.51M | Put options by funds: $3.35M
59% more first-time investments, than exits
New positions opened: 43 | Existing positions closed: 27
6% more capital invested
Capital invested by funds: $14.3B → $15.2B (+$903M)
3% more funds holding
Funds holding: 393 → 403 (+10)
6% more repeat investments, than reductions
Existing positions increased: 152 | Existing positions reduced: 143
0% more funds holding in top 10
Funds holding in top 10: 11 → 11 (0)
1.4% less ownership
Funds ownership: 98.65% → 97.26% (-1.4%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Cohen & Steers
New York
|
+$510M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$80.8M |
| 3 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$63.6M |
| 4 |
CGM
Capital Growth Management
Boston,
Massachusetts
|
+$51.4M |
| 5 |
CIMLRA
CBRE Investment Management Listed Real Assets
Radnor,
Pennsylvania
|
+$27.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
-$283M |
| 2 |
SAMC
Shinko Asset Management Company
Tokyo,
Japan
|
-$142M |
| 3 |
HRES
Heitman Real Estate Securities
Chicago,
Illinois
|
-$86.5M |
| 4 |
AAMU
APG Asset Management US
New York
|
-$73.4M |
| 5 |
PI
PGGM Investments
Zeist,
Netherlands
|
-$69.6M |
ESS Hedge Fund Activity: Q4 2015 in Review
403 of the 3,812 institutional investors tracked by Wall St. Rank reported a position in Essex Property Trust (ESS) for Q4 2015, worth a combined $15.2B — up 6.3% from $14.3B a quarter earlier.
Buyers outnumbered sellers: 43 funds opened new ESS positions and 27 closed out — a net gain of 16 holders — while 152 added to existing stakes and 143 trimmed.
The largest buyer was Cohen & Steers, adding an estimated $510M. The largest seller was Invesco, cutting an estimated $283M.
- 403 institutional investors held Essex Property Trust (ESS) as of Q4 2015, up from 393 in Q3 2015.
- Funds reported $15.2B of Essex Property Trust stock for Q4 2015, up 6.3% quarter-over-quarter.
- 43 funds opened new Essex Property Trust positions in Q4 2015 and 27 closed out, a net change of +16 holders.
- The largest Essex Property Trust buyer in Q4 2015 was Cohen & Steers, an estimated $510M added.
- The largest Essex Property Trust seller in Q4 2015 was Invesco, an estimated $283M sold.
Based on aggregated 13F filings for Q4 2015.