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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 52 funds opening new positions, 176 increasing their positions, 217 reducing their positions, and 52 closing their positions.

New
Increased
Maintained
Reduced
Closed

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: 57 (+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% more first-time investments, than exits

New positions opened: 52 | Existing positions closed: 52

0% less funds holding

Funds holding: 529528 (-1)

19% less repeat investments, than reductions

Existing positions increased: 176 | Existing positions reduced: 217

Holders
528
Holders Change
-1
Holders Change %
-0.19%
% of All Funds
8.29%
Holding in Top 10
7
Holding in Top 10 Change
+2
Holding in Top 10 Change %
+40%
% of All Funds
0.11%
New
52
Increased
176
Reduced
217
Closed
52
Calls
$30.3M
Puts
$15.2M
Net Calls
+$15M
Net Calls Change
+$12.8M
Name Holding Trade Value Shares
Change
Change in
Stake
Vanguard Group
1
Vanguard Group
Pennsylvania
$2.43B -$66.4M -303,855 -3%
State Street
2
State Street
Massachusetts
$1.59B +$3.45M +15,773 +0.2%
BlackRock
3
BlackRock
New York
$1.49B -$19.5M -89,328 -1%
Principal Financial Group
4
Principal Financial Group
Iowa
$656M -$21.8M -99,819 -3%
Fidelity Investments
5
Fidelity Investments
Massachusetts
$572M -$27.8M -127,335 -5%
Norges Bank
6
Norges Bank
Norway
$527M
Cohen & Steers
7
Cohen & Steers
New York
$510M +$252M +1,151,338 +112%
Geode Capital Management
8
Geode Capital Management
Massachusetts
$348M +$3.12M +14,271 +1%
Massachusetts Financial Services
9
Massachusetts Financial Services
Massachusetts
$285M +$24M +109,630 +10%
T. Rowe Price Associates
10
T. Rowe Price Associates
Maryland
$256M -$9.62M -43,987 -4%
Legal & General Group
11
Legal & General Group
United Kingdom
$234M +$1.52M +6,945 +0.7%
Dimensional Fund Advisors
12
Dimensional Fund Advisors
Texas
$217M +$1.95M +8,933 +1%
Northern Trust
13
Northern Trust
Illinois
$216M -$22.2M -101,431 -10%
RC
14
Resolution Capital
Australia
$196M +$31.6M +144,763 +21%
ProShare Advisors
15
ProShare Advisors
Maryland
$192M +$5.03M +23,024 +3%
JP Morgan Chase
16
JP Morgan Chase
New York
$189M +$18.3M +83,628 +12%
American Century Companies
17
American Century Companies
Missouri
$177M +$24.4M +111,468 +17%
Boston Partners
18
Boston Partners
Massachusetts
$172M -$24.8M -113,661 -13%
Morgan Stanley
19
Morgan Stanley
New York
$167M +$20.9M +95,594 +15%
Ameriprise
20
Ameriprise
Minnesota
$162M +$1.73M +7,910 +1%
Charles Schwab
21
Charles Schwab
California
$159M -$915K -4,188 -0.6%
PI
22
PGGM Investments
Netherlands
$150M -$2.22M -10,143 -2%
Invesco
23
Invesco
Georgia
$143M -$1.75M -8,024 -1%
Sumitomo Mitsui Trust Group
24
Sumitomo Mitsui Trust Group
Japan
$136M -$14.9M -68,290 -11%
Bank of New York Mellon
25
Bank of New York Mellon
New York
$131M -$5.16M -23,620 -4%

ESS Hedge Fund Activity: Q2 2023 in Review

528 of the 6,369 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.

Fund positioning in ESS was balanced in Q2 2023: 52 funds opened new positions, 52 closed out, 176 added to existing stakes and 217 trimmed.

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 529 in Q1 2023.
  • Funds reported $14.5B of Essex Property Trust stock for Q2 2023, up 12% quarter-over-quarter.
  • 52 funds opened new Essex Property Trust positions in Q2 2023 and 52 closed out, a net change of 0 holders.
  • 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.