Essex Property Trust
477 hedge funds and large institutions have $12.8B invested in Essex Property Trust in 2020 Q3 according to their latest regulatory filings, with 43 funds opening new positions, 185 increasing their positions, 179 reducing their positions, and 60 closing their positions.
3% more repeat investments, than reductions
Existing positions increased: 185 | Existing positions reduced: 179
0.98% more ownership
Funds ownership: 96.63% → 97.6% (+0.98%)
4% less funds holding
Funds holding: 499 → 477 (-22)
12% less capital invested
Capital invested by funds: $14.5B → $12.8B (-$1.69B)
20% less funds holding in top 10
Funds holding in top 10: 10 → 8 (-2)
28% less first-time investments, than exits
New positions opened: 43 | Existing positions closed: 60
56% less call options, than puts
Call options by funds: $13.5M | Put options by funds: $31M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ZP
Zimmer Partners
New York
|
+$97.8M |
| 2 |
Cohen & Steers
New York
|
+$86.4M |
| 3 |
Principal Financial Group
Des Moines,
Iowa
|
+$73.2M |
| 4 |
Boston Partners
Boston,
Massachusetts
|
+$72.4M |
| 5 |
BC
Brookfield Corp
Toronto,
Ontario, Canada
|
+$28.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
-$73.4M |
| 2 |
Morgan Stanley
New York
|
-$71M |
| 3 |
JP Morgan Chase
New York
|
-$51.5M |
| 4 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$33.1M |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
-$29.3M |
ESS Hedge Fund Activity: Q3 2020 in Review
477 of the 4,970 institutional investors tracked by Wall St. Rank reported a position in Essex Property Trust (ESS) for Q3 2020, worth a combined $12.8B — down 12% from $14.5B a quarter earlier.
Sellers outnumbered buyers: 60 funds closed out of ESS and 43 opened new positions — a net loss of 17 holders — while 179 trimmed existing stakes and 185 added.
The largest buyer was Zimmer Partners, opening a new position worth an estimated $97.8M. The largest seller was Vanguard Group, cutting an estimated $73.4M.
- 477 institutional investors held Essex Property Trust (ESS) as of Q3 2020, down from 499 in Q2 2020.
- Funds reported $12.8B of Essex Property Trust stock for Q3 2020, down 12% quarter-over-quarter.
- 43 funds opened new Essex Property Trust positions in Q3 2020 and 60 closed out, a net change of -17 holders.
- The largest Essex Property Trust buyer in Q3 2020 was Zimmer Partners, an estimated $97.8M added.
- The largest Essex Property Trust seller in Q3 2020 was Vanguard Group, an estimated $73.4M sold.
Based on aggregated 13F filings for Q3 2020.