Essex Property Trust
508 hedge funds and large institutions have $21B invested in Essex Property Trust in 2019 Q3 according to their latest regulatory filings, with 66 funds opening new positions, 194 increasing their positions, 153 reducing their positions, and 44 closing their positions.
50% more first-time investments, than exits
New positions opened: 66 | Existing positions closed: 44
27% more repeat investments, than reductions
Existing positions increased: 194 | Existing positions reduced: 153
12% more capital invested
Capital invested by funds: $18.8B → $21B (+$2.28B)
4% more funds holding
Funds holding: 488 → 508 (+20)
0.17% more ownership
Funds ownership: 97.83% → 98% (+0.17%)
17% less funds holding in top 10
Funds holding in top 10: 12 → 10 (-2)
49% less call options, than puts
Call options by funds: $60.8M | Put options by funds: $119M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
+$178M |
| 2 |
AAMU
Amundi Asset Management US
Boston,
Massachusetts
|
+$107M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$84.5M |
| 4 |
CIMLRA
CBRE Investment Management Listed Real Assets
Radnor,
Pennsylvania
|
+$52.8M |
| 5 |
Geode Capital Management
Boston,
Massachusetts
|
+$33.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BC
Brookfield Corp
Toronto,
Ontario, Canada
|
-$182M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$167M |
| 3 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$114M |
| 4 |
Cohen & Steers
New York
|
-$65.4M |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$42.1M |
ESS Hedge Fund Activity: Q3 2019 in Review
508 of the 4,574 institutional investors tracked by Wall St. Rank reported a position in Essex Property Trust (ESS) for Q3 2019, worth a combined $21B — up 12% from $18.8B a quarter earlier.
Buyers outnumbered sellers: 66 funds opened new ESS positions and 44 closed out — a net gain of 22 holders — while 194 added to existing stakes and 153 trimmed.
The largest buyer was Invesco, adding an estimated $178M. The largest seller was Brookfield Corp, exiting entirely with an estimated $182M sold.
- 508 institutional investors held Essex Property Trust (ESS) as of Q3 2019, up from 488 in Q2 2019.
- Funds reported $21B of Essex Property Trust stock for Q3 2019, up 12% quarter-over-quarter.
- 66 funds opened new Essex Property Trust positions in Q3 2019 and 44 closed out, a net change of +22 holders.
- The largest Essex Property Trust buyer in Q3 2019 was Invesco, an estimated $178M added.
- The largest Essex Property Trust seller in Q3 2019 was Brookfield Corp, an estimated $182M sold.
Based on aggregated 13F filings for Q3 2019.