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Essex Property Trust

448 hedge funds and large institutions have $15.5B invested in Essex Property Trust in 2017 Q4 according to their latest regulatory filings, with 61 funds opening new positions, 169 increasing their positions, 139 reducing their positions, and 42 closing their positions.

New
Increased
Maintained
Reduced
Closed

45% more first-time investments, than exits

New positions opened: 61 | Existing positions closed: 42

22% more repeat investments, than reductions

Existing positions increased: 169 | Existing positions reduced: 139

4% more funds holding

Funds holding: 431448 (+17)

0.03% more ownership

Funds ownership: 97.27%97.3% (+0.03%)

5% less capital invested

Capital invested by funds: $16.3B → $15.5B (-$794M)

36% less funds holding in top 10

Funds holding in top 10: 117 (-4)

38% less call options, than puts

Call options by funds: $14.6M | Put options by funds: $23.4M

Holders
448
Holders Change
+17
Holders Change %
+3.94%
% of All Funds
10.16%
Holding in Top 10
7
Holding in Top 10 Change
-4
Holding in Top 10 Change %
-36.36%
% of All Funds
0.16%
New
61
Increased
169
Reduced
139
Closed
42
Calls
$14.6M
Puts
$23.4M
Net Calls
-$8.8M
Net Calls Change
-$3.27M
Name Holding Trade Value Shares
Change
Change in
Stake
Vanguard Group
1
Vanguard Group
Pennsylvania
$2.83B +$22.6M +89,553 +0.8%
BlackRock
2
BlackRock
New York
$1.64B +$23.9M +94,542 +1%
State Street
3
State Street
Massachusetts
$1.11B +$17.2M +68,085 +2%
Cohen & Steers
4
Cohen & Steers
New York
$934M +$34.4M +136,405 +4%
Fidelity Investments
5
Fidelity Investments
Massachusetts
$659M -$13.2M -52,326 -2%
Principal Financial Group
6
Principal Financial Group
Iowa
$540M -$22.8M -90,448 -4%
Invesco
7
Invesco
Georgia
$486M -$95.2M -377,365 -16%
T. Rowe Price Associates
8
T. Rowe Price Associates
Maryland
$354M -$39.9M -158,009 -10%
Daiwa Securities Group
9
Daiwa Securities Group
Japan
$309M -$34M -134,936 -10%
Bank of New York Mellon
10
Bank of New York Mellon
New York
$286M -$65.6M -260,071 -18%
Northern Trust
11
Northern Trust
Illinois
$283M +$12.7M +50,477 +4%
JP Morgan Chase
12
JP Morgan Chase
New York
$280M +$51.1M +202,382 +21%
CIMLRA
13
CBRE Investment Management Listed Real Assets
Pennsylvania
$263M +$15.8M +62,762 +6%
Bank of Montreal
14
Bank of Montreal
Ontario, Canada
$250M +$13.4M +53,102 +5%
Dimensional Fund Advisors
15
Dimensional Fund Advisors
Texas
$232M +$5.82M +23,086 +2%
Deutsche Bank
16
Deutsche Bank
Germany
$204M +$31.8M +125,907 +17%
Geode Capital Management
17
Geode Capital Management
Massachusetts
$199M +$7.92M +31,378 +4%
Morgan Stanley
18
Morgan Stanley
New York
$191M -$14.3M -56,523 -7%
PI
19
PGGM Investments
Netherlands
$176M -$28.5M -113,000 -13%
Charles Schwab
20
Charles Schwab
California
$151M +$7.59M +30,072 +5%
Janus Henderson Group
21
Janus Henderson Group
United Kingdom
$145M +$33.2M +131,574 +28%
Norges Bank
22
Norges Bank
Norway
$133M +$4.43M +17,553 +3%
Legal & General Group
23
Legal & General Group
United Kingdom
$132M +$2.36M +9,372 +2%
BC
24
Brookfield Corp
Ontario, Canada
$128M +$134M +531,004 New
Renaissance Technologies
25
Renaissance Technologies
New York
$112M +$26.1M +103,369 +29%

ESS Hedge Fund Activity: Q4 2017 in Review

448 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in Essex Property Trust (ESS) for Q4 2017, worth a combined $15.5B — down 4.9% from $16.3B a quarter earlier.

Buyers outnumbered sellers: 61 funds opened new ESS positions and 42 closed out — a net gain of 19 holders — while 169 added to existing stakes and 139 trimmed.

The largest buyer was Brookfield Corp, opening a new position worth an estimated $134M. The largest seller was Invesco, cutting an estimated $95.2M.

  • 448 institutional investors held Essex Property Trust (ESS) as of Q4 2017, up from 431 in Q3 2017.
  • Funds reported $15.5B of Essex Property Trust stock for Q4 2017, down 4.9% quarter-over-quarter.
  • 61 funds opened new Essex Property Trust positions in Q4 2017 and 42 closed out, a net change of +19 holders.
  • The largest Essex Property Trust buyer in Q4 2017 was Brookfield Corp, an estimated $134M added.
  • The largest Essex Property Trust seller in Q4 2017 was Invesco, an estimated $95.2M sold.

Based on aggregated 13F filings for Q4 2017.