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Essex Property Trust

412 hedge funds and large institutions have $15.3B invested in Essex Property Trust in 2016 Q4 according to their latest regulatory filings, with 50 funds opening new positions, 153 increasing their positions, 145 reducing their positions, and 46 closing their positions.

New
Increased
Maintained
Reduced
Closed

79% more call options, than puts

Call options by funds: $32.9M | Put options by funds: $18.4M

6% more capital invested

Capital invested by funds: $14.5B → $15.3B (+$879M)

1.02% more ownership

Funds ownership: 99.8%100.83% (+1%)

9% more first-time investments, than exits

New positions opened: 50 | Existing positions closed: 46

6% more repeat investments, than reductions

Existing positions increased: 153 | Existing positions reduced: 145

0% more funds holding in top 10

Funds holding in top 10: 1111 (0)

1% less funds holding

Funds holding: 415412 (-3)

Holders
412
Holders Change
-3
Holders Change %
-0.72%
% of All Funds
10.3%
Holding in Top 10
11
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.28%
New
50
Increased
153
Reduced
145
Closed
46
Calls
$32.9M
Puts
$18.4M
Net Calls
+$14.5M
Net Calls Change
+$28M
Name Holding Trade Value Shares
Change
Change in
Stake
Vanguard Group
1
Vanguard Group
Pennsylvania
$2.6B +$5.54M +25,630 +0.2%
State Street
2
State Street
Massachusetts
$1.12B +$7.71M +35,667 +0.7%
Cohen & Steers
3
Cohen & Steers
New York
$1.08B -$33.3M -154,193 -3%
Fidelity Investments
4
Fidelity Investments
Massachusetts
$843M -$6.15M -28,462 -0.8%
BIT
5
BlackRock Institutional Trust
California
$588M +$16.9M +78,218 +3%
Invesco
6
Invesco
Georgia
$571M +$27.8M +128,628 +6%
Daiwa Securities Group
7
Daiwa Securities Group
Japan
$543M +$53.5M +247,507 +12%
BFA
8
BlackRock Fund Advisors
California
$522M -$19.9M -91,854 -4%
Principal Financial Group
9
Principal Financial Group
Iowa
$493M +$9.74M +45,069 +2%
T. Rowe Price Associates
10
T. Rowe Price Associates
Maryland
$358M -$274K -1,269 -0.1%
JP Morgan Chase
11
JP Morgan Chase
New York
$298M +$119M +548,190 +75%
Morgan Stanley
12
Morgan Stanley
New York
$287M -$724K -3,350 -0.3%
LPC
13
Long Pond Capital
New York
$278M +$51M +235,756 +25%
Bank of New York Mellon
14
Bank of New York Mellon
New York
$275M -$373K -1,724 -0.1%
Northern Trust
15
Northern Trust
Illinois
$227M -$9.19M -42,496 -4%
BG
16
BlackRock Group
United Kingdom
$214M +$3.45M +15,970 +2%
Dimensional Fund Advisors
17
Dimensional Fund Advisors
Texas
$206M +$1.39M +6,428 +0.7%
PI
18
PGGM Investments
Netherlands
$201M
Deutsche Bank
19
Deutsche Bank
Germany
$186M +$131M +605,565 +314%
Geode Capital Management
20
Geode Capital Management
Massachusetts
$160M +$5.72M +26,438 +4%
BC
21
Brookfield Corp
Ontario, Canada
$129M +$25.9M +119,880 +28%
Prudential Financial
22
Prudential Financial
New Jersey
$124M -$14.6M -67,312 -11%
AAMU
23
APG Asset Management US
New York
$117M +$109M +502,815 New
Charles Schwab
24
Charles Schwab
California
$116M +$3.14M +14,527 +3%
Norges Bank
25
Norges Bank
Norway
$115M

ESS Hedge Fund Activity: Q4 2016 in Review

412 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in Essex Property Trust (ESS) for Q4 2016, worth a combined $15.3B — up 6.1% from $14.5B a quarter earlier.

Buyers outnumbered sellers: 50 funds opened new ESS positions and 46 closed out — a net gain of 4 holders — while 153 added to existing stakes and 145 trimmed.

The largest buyer was Deutsche Bank, adding an estimated $131M. The largest seller was Janus Henderson Investors US, cutting an estimated $62.2M.

  • 412 institutional investors held Essex Property Trust (ESS) as of Q4 2016, down from 415 in Q3 2016.
  • Funds reported $15.3B of Essex Property Trust stock for Q4 2016, up 6.1% quarter-over-quarter.
  • 50 funds opened new Essex Property Trust positions in Q4 2016 and 46 closed out, a net change of +4 holders.
  • The largest Essex Property Trust buyer in Q4 2016 was Deutsche Bank, an estimated $131M added.
  • The largest Essex Property Trust seller in Q4 2016 was Janus Henderson Investors US, an estimated $62.2M sold.

Based on aggregated 13F filings for Q4 2016.