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Essex Property Trust

527 hedge funds and large institutions have $12.6B invested in Essex Property Trust in 2022 Q4 according to their latest regulatory filings, with 78 funds opening new positions, 199 increasing their positions, 179 reducing their positions, and 62 closing their positions.

New
Increased
Maintained
Reduced
Closed

26% more first-time investments, than exits

New positions opened: 78 | Existing positions closed: 62

11% more repeat investments, than reductions

Existing positions increased: 199 | Existing positions reduced: 179

1% more funds holding

Funds holding: 524527 (+3)

2.29% less ownership

Funds ownership: 95.42%93.13% (-2.3%)

16% less capital invested

Capital invested by funds: $15B → $12.6B (-$2.45B)

38% less funds holding in top 10

Funds holding in top 10: 85 (-3)

48% less call options, than puts

Call options by funds: $10.8M | Put options by funds: $20.6M

Holders
527
Holders Change
+3
Holders Change %
+0.57%
% of All Funds
8.47%
Holding in Top 10
5
Holding in Top 10 Change
-3
Holding in Top 10 Change %
-37.5%
% of All Funds
0.08%
New
78
Increased
199
Reduced
179
Closed
62
Calls
$10.8M
Puts
$20.6M
Net Calls
-$9.77M
Net Calls Change
-$9.07M
Name Holding Trade Value Shares
Change
Change in
Stake
Vanguard Group
1
Vanguard Group
Pennsylvania
$2.27B -$5.9M -26,991 -0.3%
BlackRock
2
BlackRock
New York
$1.5B +$56M +256,071 +4%
State Street
3
State Street
Massachusetts
$1.25B +$70.1M +320,589 +6%
Principal Financial Group
4
Principal Financial Group
Iowa
$616M -$18.9M -86,688 -3%
Norges Bank
5
Norges Bank
Norway
$477M +$4.99M +22,826 +1%
Fidelity Investments
6
Fidelity Investments
Massachusetts
$306M -$126M -577,775 -29%
Geode Capital Management
7
Geode Capital Management
Massachusetts
$305M +$4.51M +20,616 +1%
Cohen & Steers
8
Cohen & Steers
New York
$236M -$246M -1,124,002 -50%
T. Rowe Price Associates
9
T. Rowe Price Associates
Maryland
$226M +$4.85M +22,196 +2%
Northern Trust
10
Northern Trust
Illinois
$213M +$12.5M +57,185 +6%
Legal & General Group
11
Legal & General Group
United Kingdom
$197M -$381K -1,744 -0.2%
Millennium Management
12
Millennium Management
New York
$188M +$132M +604,863 +213%
Massachusetts Financial Services
13
Massachusetts Financial Services
Massachusetts
$184M +$76.9M +352,001 +68%
Boston Partners
14
Boston Partners
Massachusetts
$170M -$27.3M -124,757 -13%
ProShare Advisors
15
ProShare Advisors
Maryland
$156M +$30.9M +141,229 +24%
JP Morgan Chase
16
JP Morgan Chase
New York
$147M -$6.57M -30,036 -4%
Charles Schwab
17
Charles Schwab
California
$143M +$4.84M +22,124 +3%
N
18
Nuveen
North Carolina
$139M -$2.76M -12,619 -2%
American Century Companies
19
American Century Companies
Missouri
$137M +$18.7M +85,364 +15%
PI
20
PGGM Investments
Netherlands
$135M +$134M +613,092 +2,388%
Sumitomo Mitsui Trust Group
21
Sumitomo Mitsui Trust Group
Japan
$135M +$7.03M +32,150 +5%
Invesco
22
Invesco
Georgia
$131M -$53.4M -244,304 -28%
UBS AM
23
UBS AM
Illinois
$126M +$679K +3,107 +0.5%
Bank of New York Mellon
24
Bank of New York Mellon
New York
$125M +$14.3M +65,441 +13%
Ameriprise
25
Ameriprise
Minnesota
$114M +$19.6M +89,880 +20%

ESS Hedge Fund Activity: Q4 2022 in Review

527 of the 6,221 institutional investors tracked by Wall St. Rank reported a position in Essex Property Trust (ESS) for Q4 2022, worth a combined $12.6B — down 16% from $15B a quarter earlier.

Buyers outnumbered sellers: 78 funds opened new ESS positions and 62 closed out — a net gain of 16 holders — while 199 added to existing stakes and 179 trimmed.

The largest buyer was PGGM Investments, adding an estimated $134M. The largest seller was Cohen & Steers, cutting an estimated $246M.

  • 527 institutional investors held Essex Property Trust (ESS) as of Q4 2022, up from 524 in Q3 2022.
  • Funds reported $12.6B of Essex Property Trust stock for Q4 2022, down 16% quarter-over-quarter.
  • 78 funds opened new Essex Property Trust positions in Q4 2022 and 62 closed out, a net change of +16 holders.
  • The largest Essex Property Trust buyer in Q4 2022 was PGGM Investments, an estimated $134M added.
  • The largest Essex Property Trust seller in Q4 2022 was Cohen & Steers, an estimated $246M sold.

Based on aggregated 13F filings for Q4 2022.