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Essex Property Trust

497 hedge funds and large institutions have $18.8B invested in Essex Property Trust in 2019 Q1 according to their latest regulatory filings, with 55 funds opening new positions, 167 increasing their positions, 184 reducing their positions, and 45 closing their positions.

New
Increased
Maintained
Reduced
Closed

22% more funds holding in top 10

Funds holding in top 10: 911 (+2)

22% more first-time investments, than exits

New positions opened: 55 | Existing positions closed: 45

20% more capital invested

Capital invested by funds: $15.6B → $18.8B (+$3.14B)

2.12% more ownership

Funds ownership: 96.52%98.64% (+2.1%)

2% more funds holding

Funds holding: 489497 (+8)

9% less repeat investments, than reductions

Existing positions increased: 167 | Existing positions reduced: 184

16% less call options, than puts

Call options by funds: $66.2M | Put options by funds: $78.5M

Holders
497
Holders Change
+8
Holders Change %
+1.64%
% of All Funds
10.76%
Holding in Top 10
11
Holding in Top 10 Change
+2
Holding in Top 10 Change %
+22.22%
% of All Funds
0.24%
New
55
Increased
167
Reduced
184
Closed
45
Calls
$66.2M
Puts
$78.5M
Net Calls
-$12.4M
Net Calls Change
+$37.1M
Name Holding Trade Value Shares
Change
Change in
Stake
Vanguard Group
1
Vanguard Group
Pennsylvania
$3.07B +$41.2M +151,074 +1%
BlackRock
2
BlackRock
New York
$2B -$16.1M -59,134 -0.8%
Cohen & Steers
3
Cohen & Steers
New York
$1.66B -$45.1M -165,380 -3%
State Street
4
State Street
Massachusetts
$1.51B +$142M +518,594 +11%
Fidelity Investments
5
Fidelity Investments
Massachusetts
$666M +$115M +420,856 +22%
Principal Financial Group
6
Principal Financial Group
Iowa
$577M -$3.57M -13,099 -0.7%
Daiwa Securities Group
7
Daiwa Securities Group
Japan
$518M +$1.96M +7,190 +0.4%
JP Morgan Chase
8
JP Morgan Chase
New York
$414M -$26.7M -97,866 -6%
Invesco
9
Invesco
Georgia
$383M -$4.94M -18,109 -1%
Geode Capital Management
10
Geode Capital Management
Massachusetts
$330M +$16.7M +61,083 +6%
Northern Trust
11
Northern Trust
Illinois
$326M +$3.35M +12,285 +1%
T. Rowe Price Associates
12
T. Rowe Price Associates
Maryland
$305M -$13.9M -51,099 -5%
PI
13
PGGM Investments
Netherlands
$302M -$8.19M -30,000 -3%
Dimensional Fund Advisors
14
Dimensional Fund Advisors
Texas
$290M +$852K +3,124 +0.3%
Deutsche Bank
15
Deutsche Bank
Germany
$289M +$18.2M +66,586 +7%
Bank of Montreal
16
Bank of Montreal
Ontario, Canada
$276M -$22.3M -81,892 -8%
Charles Schwab
17
Charles Schwab
California
$229M +$6.81M +24,960 +3%
Renaissance Technologies
18
Renaissance Technologies
New York
$229M +$2.69M +9,874 +1%
Legal & General Group
19
Legal & General Group
United Kingdom
$195M +$19.6M +71,861 +12%
Morgan Stanley
20
Morgan Stanley
New York
$188M +$15.5M +56,755 +10%
Boston Partners
21
Boston Partners
Massachusetts
$169M +$6.08M +22,298 +4%
Norges Bank
22
Norges Bank
Norway
$169M +$77.5K +284 +0%
Goldman Sachs
23
Goldman Sachs
New York
$168M +$6.42M +23,528 +4%
ACM
24
AEW Capital Management
Massachusetts
$160M -$15.5M -56,900 -9%
Bank of New York Mellon
25
Bank of New York Mellon
New York
$156M -$4.61M -16,883 -3%

ESS Hedge Fund Activity: Q1 2019 in Review

497 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in Essex Property Trust (ESS) for Q1 2019, worth a combined $18.8B — up 20% from $15.6B a quarter earlier.

Buyers outnumbered sellers: 55 funds opened new ESS positions and 45 closed out — a net gain of 10 holders — while 167 added to existing stakes and 184 trimmed.

The largest buyer was State Street, adding an estimated $142M. The largest seller was Cohen & Steers, cutting an estimated $45.1M.

  • 497 institutional investors held Essex Property Trust (ESS) as of Q1 2019, up from 489 in Q4 2018.
  • Funds reported $18.8B of Essex Property Trust stock for Q1 2019, up 20% quarter-over-quarter.
  • 55 funds opened new Essex Property Trust positions in Q1 2019 and 45 closed out, a net change of +10 holders.
  • The largest Essex Property Trust buyer in Q1 2019 was State Street, an estimated $142M added.
  • The largest Essex Property Trust seller in Q1 2019 was Cohen & Steers, an estimated $45.1M sold.

Based on aggregated 13F filings for Q1 2019.