Essex Property Trust
490 hedge funds and large institutions have $15.6B invested in Essex Property Trust in 2018 Q4 according to their latest regulatory filings, with 79 funds opening new positions, 165 increasing their positions, 166 reducing their positions, and 37 closing their positions.
114% more first-time investments, than exits
New positions opened: 79 | Existing positions closed: 37
8% more funds holding
Funds holding: 452 → 490 (+38)
0% more funds holding in top 10
Funds holding in top 10: 9 → 9 (0)
1% less repeat investments, than reductions
Existing positions increased: 165 | Existing positions reduced: 166
2% less capital invested
Capital invested by funds: $16B → $15.6B (-$334M)
1.54% less ownership
Funds ownership: 98.06% → 96.52% (-1.5%)
65% less call options, than puts
Call options by funds: $26.8M | Put options by funds: $76.4M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$163M |
| 2 |
Boston Partners
Boston,
Massachusetts
|
+$142M |
| 3 |
ACM
AEW Capital Management
Boston,
Massachusetts
|
+$78.1M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
+$45.1M |
| 5 |
Wellington Management Group
Boston,
Massachusetts
|
+$33.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Cohen & Steers
New York
|
-$176M |
| 2 |
CIMLRA
CBRE Investment Management Listed Real Assets
Radnor,
Pennsylvania
|
-$137M |
| 3 |
Daiwa Securities Group
Tokyo,
Japan
|
-$78.7M |
| 4 |
Millennium Management
New York
|
-$52.9M |
| 5 |
Principal Financial Group
Des Moines,
Iowa
|
-$48.3M |
ESS Hedge Fund Activity: Q4 2018 in Review
490 of the 4,505 institutional investors tracked by Wall St. Rank reported a position in Essex Property Trust (ESS) for Q4 2018, worth a combined $15.6B — down 2.1% from $16B a quarter earlier.
Buyers outnumbered sellers: 79 funds opened new ESS positions and 37 closed out — a net gain of 42 holders — while 165 added to existing stakes and 166 trimmed.
The largest buyer was Deutsche Bank, adding an estimated $163M. The largest seller was Cohen & Steers, cutting an estimated $176M.
- 490 institutional investors held Essex Property Trust (ESS) as of Q4 2018, up from 452 in Q3 2018.
- Funds reported $15.6B of Essex Property Trust stock for Q4 2018, down 2.1% quarter-over-quarter.
- 79 funds opened new Essex Property Trust positions in Q4 2018 and 37 closed out, a net change of +42 holders.
- The largest Essex Property Trust buyer in Q4 2018 was Deutsche Bank, an estimated $163M added.
- The largest Essex Property Trust seller in Q4 2018 was Cohen & Steers, an estimated $176M sold.
Based on aggregated 13F filings for Q4 2018.