Essex Property Trust
528 hedge funds and large institutions have $14.5B invested in Essex Property Trust in 2023 Q2 according to their latest regulatory filings, with 51 funds opening new positions, 176 increasing their positions, 217 reducing their positions, and 52 closing their positions.
98% more call options, than puts
Call options by funds: $30.3M | Put options by funds: $15.2M
40% more funds holding in top 10
Funds holding in top 10: 5 → 7 (+2)
12% more capital invested
Capital invested by funds: $12.9B → $14.5B (+$1.53B)
0.34% more ownership
Funds ownership: 95.88% → 96.22% (+0.34%)
0% less funds holding
Funds holding: 530 → 528 (-2)
2% less first-time investments, than exits
New positions opened: 51 | Existing positions closed: 52
19% less repeat investments, than reductions
Existing positions increased: 176 | Existing positions reduced: 217
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Cohen & Steers
New York
|
+$252M |
| 2 |
RC
Resolution Capital
Sydney, NSW,
Australia
|
+$31.6M |
| 3 |
American Century Companies
Kansas City,
Missouri
|
+$24.4M |
| 4 |
Massachusetts Financial Services
Boston,
Massachusetts
|
+$24M |
| 5 |
GA
GRS Advisors
Chicago,
Illinois
|
+$23M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
-$66.4M |
| 2 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
-$32.4M |
| 3 |
CIM
Centersquare Investment Management
Conshohocken,
Pennsylvania
|
-$31.9M |
| 4 |
AllianceBernstein
Nashville,
Tennessee
|
-$29.4M |
| 5 |
EWA
EP Wealth Advisors
Torrance,
California
|
-$29.2M |
ESS Hedge Fund Activity: Q2 2023 in Review
528 of the 6,383 institutional investors tracked by Wall St. Rank reported a position in Essex Property Trust (ESS) for Q2 2023, worth a combined $14.5B — up 12% from $12.9B a quarter earlier.
Sellers outnumbered buyers: 52 funds closed out of ESS and 51 opened new positions — a net loss of 1 holder — while 217 trimmed existing stakes and 176 added.
The largest buyer was Cohen & Steers, adding an estimated $252M. The largest seller was Vanguard Group, cutting an estimated $66.4M.
- 528 institutional investors held Essex Property Trust (ESS) as of Q2 2023, down from 530 in Q1 2023.
- Funds reported $14.5B of Essex Property Trust stock for Q2 2023, up 12% quarter-over-quarter.
- 51 funds opened new Essex Property Trust positions in Q2 2023 and 52 closed out, a net change of -1 holder.
- The largest Essex Property Trust buyer in Q2 2023 was Cohen & Steers, an estimated $252M added.
- The largest Essex Property Trust seller in Q2 2023 was Vanguard Group, an estimated $66.4M sold.
Based on aggregated 13F filings for Q2 2023.