Essex Property Trust
432 hedge funds and large institutions have $14.9B invested in Essex Property Trust in 2016 Q2 according to their latest regulatory filings, with 51 funds opening new positions, 156 increasing their positions, 150 reducing their positions, and 30 closing their positions.
70% more first-time investments, than exits
New positions opened: 51 | Existing positions closed: 30
4% more funds holding
Funds holding: 417 → 432 (+15)
4% more repeat investments, than reductions
Existing positions increased: 156 | Existing positions reduced: 150
0.53% more ownership
Funds ownership: 99.33% → 99.86% (+0.53%)
2% less capital invested
Capital invested by funds: $15.2B → $14.9B (-$258M)
9% less funds holding in top 10
Funds holding in top 10: 11 → 10 (-1)
41% less call options, than puts
Call options by funds: $7M | Put options by funds: $11.8M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Cohen & Steers
New York
|
+$122M |
| 2 |
LPC
Long Pond Capital
New York
|
+$98.3M |
| 3 |
Invesco
Atlanta,
Georgia
|
+$59.5M |
| 4 |
Morgan Stanley
New York
|
+$51.3M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$39.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CIMLRA
CBRE Investment Management Listed Real Assets
Radnor,
Pennsylvania
|
-$199M |
| 2 |
Schroder Investment Management Group
London,
United Kingdom
|
-$62.4M |
| 3 |
Bank of New York Mellon
New York
|
-$57.8M |
| 4 |
Renaissance Technologies
New York
|
-$42.7M |
| 5 |
Nuveen
Charlotte,
North Carolina
|
-$38.1M |
ESS Hedge Fund Activity: Q2 2016 in Review
432 of the 3,756 institutional investors tracked by Wall St. Rank reported a position in Essex Property Trust (ESS) for Q2 2016, worth a combined $14.9B — down 1.7% from $15.2B a quarter earlier.
Buyers outnumbered sellers: 51 funds opened new ESS positions and 30 closed out — a net gain of 21 holders — while 156 added to existing stakes and 150 trimmed.
The largest buyer was Cohen & Steers, adding an estimated $122M. The largest seller was CBRE Investment Management Listed Real Assets, cutting an estimated $199M.
- 432 institutional investors held Essex Property Trust (ESS) as of Q2 2016, up from 417 in Q1 2016.
- Funds reported $14.9B of Essex Property Trust stock for Q2 2016, down 1.7% quarter-over-quarter.
- 51 funds opened new Essex Property Trust positions in Q2 2016 and 30 closed out, a net change of +21 holders.
- The largest Essex Property Trust buyer in Q2 2016 was Cohen & Steers, an estimated $122M added.
- The largest Essex Property Trust seller in Q2 2016 was CBRE Investment Management Listed Real Assets, an estimated $199M sold.
Based on aggregated 13F filings for Q2 2016.