Essex Property Trust
432 hedge funds and large institutions have $16.4B invested in Essex Property Trust in 2017 Q3 according to their latest regulatory filings, with 40 funds opening new positions, 164 increasing their positions, 139 reducing their positions, and 24 closing their positions.
67% more first-time investments, than exits
New positions opened: 40 | Existing positions closed: 24
18% more repeat investments, than reductions
Existing positions increased: 164 | Existing positions reduced: 139
10% more funds holding in top 10
Funds holding in top 10: 10 → 11 (+1)
2% more funds holding
Funds holding: 424 → 432 (+8)
3% less capital invested
Capital invested by funds: $17B → $16.4B (-$593M)
2.83% less ownership
Funds ownership: 100.87% → 98.04% (-2.8%)
26% less call options, than puts
Call options by funds: $14.4M | Put options by funds: $19.6M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CIMLRA
CBRE Investment Management Listed Real Assets
Radnor,
Pennsylvania
|
+$267M |
| 2 |
Janus Henderson Group
London,
|
+$91.5M |
| 3 |
B
Barings
Charlotte,
North Carolina
|
+$65.3M |
| 4 |
Invesco
Atlanta,
Georgia
|
+$55.8M |
| 5 |
Millennium Management
New York
|
+$51.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Cohen & Steers
New York
|
-$435M |
| 2 |
Daiwa Securities Group
Tokyo,
Japan
|
-$219M |
| 3 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$178M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
-$112M |
| 5 |
State Street
Boston,
Massachusetts
|
-$57.6M |
ESS Hedge Fund Activity: Q3 2017 in Review
432 of the 4,022 institutional investors tracked by Wall St. Rank reported a position in Essex Property Trust (ESS) for Q3 2017, worth a combined $16.4B — down 3.5% from $17B a quarter earlier.
Buyers outnumbered sellers: 40 funds opened new ESS positions and 24 closed out — a net gain of 16 holders — while 164 added to existing stakes and 139 trimmed.
The largest buyer was CBRE Investment Management Listed Real Assets, adding an estimated $267M. The largest seller was Cohen & Steers, cutting an estimated $435M.
- 432 institutional investors held Essex Property Trust (ESS) as of Q3 2017, up from 424 in Q2 2017.
- Funds reported $16.4B of Essex Property Trust stock for Q3 2017, down 3.5% quarter-over-quarter.
- 40 funds opened new Essex Property Trust positions in Q3 2017 and 24 closed out, a net change of +16 holders.
- The largest Essex Property Trust buyer in Q3 2017 was CBRE Investment Management Listed Real Assets, an estimated $267M added.
- The largest Essex Property Trust seller in Q3 2017 was Cohen & Steers, an estimated $435M sold.
Based on aggregated 13F filings for Q3 2017.