Essex Property Trust
544 hedge funds and large institutions have $15.4B invested in Essex Property Trust in 2024 Q1 according to their latest regulatory filings, with 59 funds opening new positions, 206 increasing their positions, 179 reducing their positions, and 57 closing their positions.
15% more repeat investments, than reductions
Existing positions increased: 206 | Existing positions reduced: 179
1.17% more ownership
Funds ownership: 96.78% → 97.95% (+1.2%)
4% more first-time investments, than exits
New positions opened: 59 | Existing positions closed: 57
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
0% less capital invested
Capital invested by funds: $15.4B → $15.4B (-$14.4M)
1% less funds holding
Funds holding: 547 → 544 (-3)
28% less call options, than puts
Call options by funds: $21.9M | Put options by funds: $30.5M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Cohen & Steers
New York
|
+$464M |
| 2 |
Daiwa Securities Group
Tokyo,
Japan
|
+$110M |
| 3 |
HRES
Heitman Real Estate Securities
Chicago,
Illinois
|
+$60.3M |
| 4 |
JP Morgan Chase
New York
|
+$44.8M |
| 5 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$35M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$201M |
| 2 |
Neuberger Berman Group
New York
|
-$87.7M |
| 3 |
State Street
Boston,
Massachusetts
|
-$79.5M |
| 4 |
American Century Companies
Kansas City,
Missouri
|
-$78.1M |
| 5 |
CIMLRA
CBRE Investment Management Listed Real Assets
Radnor,
Pennsylvania
|
-$69.1M |
ESS Hedge Fund Activity: Q1 2024 in Review
544 of the 6,958 institutional investors tracked by Wall St. Rank reported a position in Essex Property Trust (ESS) for Q1 2024, worth a combined $15.4B — down 0.09% from $15.4B a quarter earlier.
Buyers outnumbered sellers: 59 funds opened new ESS positions and 57 closed out — a net gain of 2 holders — while 206 added to existing stakes and 179 trimmed.
The largest buyer was Cohen & Steers, adding an estimated $464M. The largest seller was Fidelity Investments, cutting an estimated $201M.
- 544 institutional investors held Essex Property Trust (ESS) as of Q1 2024, down from 547 in Q4 2023.
- Funds reported $15.4B of Essex Property Trust stock for Q1 2024, down 0.09% quarter-over-quarter.
- 59 funds opened new Essex Property Trust positions in Q1 2024 and 57 closed out, a net change of +2 holders.
- The largest Essex Property Trust buyer in Q1 2024 was Cohen & Steers, an estimated $464M added.
- The largest Essex Property Trust seller in Q1 2024 was Fidelity Investments, an estimated $201M sold.
Based on aggregated 13F filings for Q1 2024.