Essex Property Trust
445 hedge funds and large institutions have $15.6B invested in Essex Property Trust in 2018 Q1 according to their latest regulatory filings, with 52 funds opening new positions, 148 increasing their positions, 163 reducing their positions, and 50 closing their positions.
43% more funds holding in top 10
Funds holding in top 10: 7 → 10 (+3)
4% more first-time investments, than exits
New positions opened: 52 | Existing positions closed: 50
0.94% more ownership
Funds ownership: 97.3% → 98.24% (+0.94%)
1% more capital invested
Capital invested by funds: $15.5B → $15.6B (+$108M)
1% less funds holding
Funds holding: 448 → 445 (-3)
9% less repeat investments, than reductions
Existing positions increased: 148 | Existing positions reduced: 163
63% less call options, than puts
Call options by funds: $10.6M | Put options by funds: $28.3M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PI
PGGM Investments
Zeist,
Netherlands
|
+$79.5M |
| 2 |
Invesco
Atlanta,
Georgia
|
+$70.4M |
| 3 |
Cohen & Steers
New York
|
+$69.7M |
| 4 |
American Century Companies
Kansas City,
Missouri
|
+$60M |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$56.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
-$147M |
| 2 |
Bank of New York Mellon
New York
|
-$139M |
| 3 |
Boston Partners
Boston,
Massachusetts
|
-$91.1M |
| 4 |
CIMLRA
CBRE Investment Management Listed Real Assets
Radnor,
Pennsylvania
|
-$52.4M |
| 5 |
Janus Henderson Group
London,
|
-$24.1M |
ESS Hedge Fund Activity: Q1 2018 in Review
445 of the 4,373 institutional investors tracked by Wall St. Rank reported a position in Essex Property Trust (ESS) for Q1 2018, worth a combined $15.6B — up 0.7% from $15.5B a quarter earlier.
Buyers outnumbered sellers: 52 funds opened new ESS positions and 50 closed out — a net gain of 2 holders — while 148 added to existing stakes and 163 trimmed.
The largest buyer was PGGM Investments, adding an estimated $79.5M. The largest seller was Vanguard Group, cutting an estimated $147M.
- 445 institutional investors held Essex Property Trust (ESS) as of Q1 2018, down from 448 in Q4 2017.
- Funds reported $15.6B of Essex Property Trust stock for Q1 2018, up 0.7% quarter-over-quarter.
- 52 funds opened new Essex Property Trust positions in Q1 2018 and 50 closed out, a net change of +2 holders.
- The largest Essex Property Trust buyer in Q1 2018 was PGGM Investments, an estimated $79.5M added.
- The largest Essex Property Trust seller in Q1 2018 was Vanguard Group, an estimated $147M sold.
Based on aggregated 13F filings for Q1 2018.