Essex Property Trust
518 hedge funds and large institutions have $16.9B invested in Essex Property Trust in 2021 Q1 according to their latest regulatory filings, with 58 funds opening new positions, 186 increasing their positions, 190 reducing their positions, and 55 closing their positions.
14% more capital invested
Capital invested by funds: $14.9B → $16.9B (+$2.03B)
5% more first-time investments, than exits
New positions opened: 58 | Existing positions closed: 55
0% more funds holding
Funds holding: 517 → 518 (+1)
0.4% less ownership
Funds ownership: 96.03% → 95.63% (-0.4%)
2% less repeat investments, than reductions
Existing positions increased: 186 | Existing positions reduced: 190
27% less call options, than puts
Call options by funds: $23.2M | Put options by funds: $31.9M
33% less funds holding in top 10
Funds holding in top 10: 9 → 6 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PI
PGGM Investments
Zeist,
Netherlands
|
+$171M |
| 2 |
JP Morgan Chase
New York
|
+$119M |
| 3 |
American Century Companies
Kansas City,
Missouri
|
+$108M |
| 4 |
BlackRock
New York
|
+$68.6M |
| 5 |
CIM
Centersquare Investment Management
Conshohocken,
Pennsylvania
|
+$64.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$115M |
| 2 |
LPC
Long Pond Capital
New York
|
-$75.9M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$61.9M |
| 4 |
Russell Investments Group
London,
United Kingdom
|
-$59.3M |
| 5 |
Westfield Capital Management
Boston,
Massachusetts
|
-$49.2M |
ESS Hedge Fund Activity: Q1 2021 in Review
518 of the 5,711 institutional investors tracked by Wall St. Rank reported a position in Essex Property Trust (ESS) for Q1 2021, worth a combined $16.9B — up 14% from $14.9B a quarter earlier.
Buyers outnumbered sellers: 58 funds opened new ESS positions and 55 closed out — a net gain of 3 holders — while 186 added to existing stakes and 190 trimmed.
The largest buyer was PGGM Investments, adding an estimated $171M. The largest seller was Deutsche Bank, cutting an estimated $115M.
- 518 institutional investors held Essex Property Trust (ESS) as of Q1 2021, up from 517 in Q4 2020.
- Funds reported $16.9B of Essex Property Trust stock for Q1 2021, up 14% quarter-over-quarter.
- 58 funds opened new Essex Property Trust positions in Q1 2021 and 55 closed out, a net change of +3 holders.
- The largest Essex Property Trust buyer in Q1 2021 was PGGM Investments, an estimated $171M added.
- The largest Essex Property Trust seller in Q1 2021 was Deutsche Bank, an estimated $115M sold.
Based on aggregated 13F filings for Q1 2021.