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Essex Property Trust

415 hedge funds and large institutions have $14.5B invested in Essex Property Trust in 2016 Q3 according to their latest regulatory filings, with 34 funds opening new positions, 133 increasing their positions, 172 reducing their positions, and 47 closing their positions.

New
Increased
Maintained
Reduced
Closed

10% more funds holding in top 10

Funds holding in top 10: 1011 (+1)

0.13% less ownership

Funds ownership: 99.93%99.8% (-0.13%)

3% less capital invested

Capital invested by funds: $14.9B → $14.5B (-$436M)

4% less funds holding

Funds holding: 432415 (-17)

23% less repeat investments, than reductions

Existing positions increased: 133 | Existing positions reduced: 172

28% less first-time investments, than exits

New positions opened: 34 | Existing positions closed: 47

53% less call options, than puts

Call options by funds: $12.1M | Put options by funds: $25.6M

Holders
415
Holders Change
-17
Holders Change %
-3.94%
% of All Funds
11.07%
Holding in Top 10
11
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+10%
% of All Funds
0.29%
New
34
Increased
133
Reduced
172
Closed
47
Calls
$12.1M
Puts
$25.6M
Net Calls
-$13.5M
Net Calls Change
-$8.73M
Name Holding Trade Value Shares
Change
Change in
Stake
Vanguard Group
1
Vanguard Group
Pennsylvania
$2.48B +$37.2M +163,448 +1%
Cohen & Steers
2
Cohen & Steers
New York
$1.07B -$173M -760,337 -14%
State Street
3
State Street
Massachusetts
$1.06B +$67.2M +295,301 +7%
Fidelity Investments
4
Fidelity Investments
Massachusetts
$814M +$53.8M +236,639 +7%
BIT
5
BlackRock Institutional Trust
California
$546M -$61.5M -270,554 -10%
BFA
6
BlackRock Fund Advisors
California
$521M +$15.8M +69,659 +3%
Invesco
7
Invesco
Georgia
$518M +$59.4M +261,051 +13%
Daiwa Securities Group
8
Daiwa Securities Group
Japan
$465M +$387K +1,700 +0.1%
Principal Financial Group
9
Principal Financial Group
Iowa
$462M +$27.8M +122,015 +6%
T. Rowe Price Associates
10
T. Rowe Price Associates
Maryland
$343M -$3.09M -13,595 -0.9%
Morgan Stanley
11
Morgan Stanley
New York
$275M +$2.98M +13,114 +1%
Bank of New York Mellon
12
Bank of New York Mellon
New York
$264M -$24.7M -108,527 -8%
SAMC
13
Shinko Asset Management Company
Japan
$256M +$76.6M +336,937 +42%
Northern Trust
14
Northern Trust
Illinois
$226M +$11.9M +52,098 +5%
LPC
15
Long Pond Capital
New York
$214M +$118M +519,308 +118%
BG
16
BlackRock Group
United Kingdom
$201M -$2.42M -10,640 -1%
Dimensional Fund Advisors
17
Dimensional Fund Advisors
Texas
$196M +$1.93M +8,478 +1%
PI
18
PGGM Investments
Netherlands
$193M +$58.5M +256,996 +42%
JP Morgan Chase
19
JP Morgan Chase
New York
$163M -$30M -131,958 -15%
Geode Capital Management
20
Geode Capital Management
Massachusetts
$148M +$10M +43,955 +7%
Prudential Financial
21
Prudential Financial
New Jersey
$134M +$8.84M +38,882 +7%
ACM
22
Adelante Capital Management
California
$128M -$1.81M -7,963 -1%
ACI
23
AMP Capital Investors
Australia
$120M -$4.48M -19,674 -4%
DPIM
24
Duff & Phelps Investment Management
Illinois
$109M +$5.56M +24,423 +5%
Charles Schwab
25
Charles Schwab
California
$108M +$7.92M +34,819 +8%

ESS Hedge Fund Activity: Q3 2016 in Review

415 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Essex Property Trust (ESS) for Q3 2016, worth a combined $14.5B — down 2.9% from $14.9B a quarter earlier.

Sellers outnumbered buyers: 47 funds closed out of ESS and 34 opened new positions — a net loss of 13 holders — while 172 trimmed existing stakes and 133 added.

The largest buyer was Long Pond Capital, adding an estimated $118M. The largest seller was Cohen & Steers, cutting an estimated $173M.

  • 415 institutional investors held Essex Property Trust (ESS) as of Q3 2016, down from 432 in Q2 2016.
  • Funds reported $14.5B of Essex Property Trust stock for Q3 2016, down 2.9% quarter-over-quarter.
  • 34 funds opened new Essex Property Trust positions in Q3 2016 and 47 closed out, a net change of -13 holders.
  • The largest Essex Property Trust buyer in Q3 2016 was Long Pond Capital, an estimated $118M added.
  • The largest Essex Property Trust seller in Q3 2016 was Cohen & Steers, an estimated $173M sold.

Based on aggregated 13F filings for Q3 2016.