Essex Property Trust
538 hedge funds and large institutions have $19.3B invested in Essex Property Trust in 2019 Q4 according to their latest regulatory filings, with 84 funds opening new positions, 193 increasing their positions, 174 reducing their positions, and 40 closing their positions.
110% more first-time investments, than exits
New positions opened: 84 | Existing positions closed: 40
25% more call options, than puts
Call options by funds: $54.2M | Put options by funds: $43.2M
11% more repeat investments, than reductions
Existing positions increased: 193 | Existing positions reduced: 174
6% more funds holding
Funds holding: 508 → 538 (+30)
0% more funds holding in top 10
Funds holding in top 10: 10 → 10 (0)
1.08% less ownership
Funds ownership: 98% → 96.91% (-1.1%)
8% less capital invested
Capital invested by funds: $21B → $19.3B (-$1.78B)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Norges Bank
Oslo,
Norway
|
+$322M |
| 2 |
Balyasny Asset Management
Chicago,
Illinois
|
+$115M |
| 3 |
BlackRock
New York
|
+$87.9M |
| 4 |
Principal Financial Group
Des Moines,
Iowa
|
+$76.9M |
| 5 |
Morgan Stanley
New York
|
+$44.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PI
PGGM Investments
Zeist,
Netherlands
|
-$216M |
| 2 |
Cohen & Steers
New York
|
-$186M |
| 3 |
Boston Partners
Boston,
Massachusetts
|
-$173M |
| 4 |
State Street
Boston,
Massachusetts
|
-$140M |
| 5 |
Invesco
Atlanta,
Georgia
|
-$107M |
ESS Hedge Fund Activity: Q4 2019 in Review
538 of the 5,092 institutional investors tracked by Wall St. Rank reported a position in Essex Property Trust (ESS) for Q4 2019, worth a combined $19.3B — down 8.4% from $21B a quarter earlier.
Buyers outnumbered sellers: 84 funds opened new ESS positions and 40 closed out — a net gain of 44 holders — while 193 added to existing stakes and 174 trimmed.
The largest buyer was Norges Bank, adding an estimated $322M. The largest seller was PGGM Investments, cutting an estimated $216M.
- 538 institutional investors held Essex Property Trust (ESS) as of Q4 2019, up from 508 in Q3 2019.
- Funds reported $19.3B of Essex Property Trust stock for Q4 2019, down 8.4% quarter-over-quarter.
- 84 funds opened new Essex Property Trust positions in Q4 2019 and 40 closed out, a net change of +44 holders.
- The largest Essex Property Trust buyer in Q4 2019 was Norges Bank, an estimated $322M added.
- The largest Essex Property Trust seller in Q4 2019 was PGGM Investments, an estimated $216M sold.
Based on aggregated 13F filings for Q4 2019.