Vault-13

AVALONBAY CMNTYS INC AVB

COM · REIT · CUSIP 053484101 · ISIN US0534841012

633 institutional holders -16 vs Q3 2022
127,260,431127.3m shares reported held*
$20.5bnreported value*
63 new 225 added 230 reduced 87 sold out net sold ≈ $317.4m (-2.0m shares)

* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once ($16.9m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $161.35. Options: 19 managers hold calls ($45.7m notional), 14 hold puts ($18.3m).

Trends to Q4 2022

Institutional holders

Managers reporting a position, each quarter

0250500750Q3 22: 649Q4 22: 633633Q3 22Q4 22
Numbers
QuarterHolders
Q3 2022649
Q4 2022633

Calls vs puts

Options held, notional value, last 4 quarters. P/C = puts ÷ calls

CallsPuts
$0$25m$50m$75m$100mQ3 22 calls: $84.6mQ3 22 puts: $29.8mQ3 22P/C 0.35Q4 22 calls: $45.7mQ4 22 puts: $18.3mQ4 22P/C 0.40
Numbers
QuarterCallsPutsP/C
Q3 2022$84.6m$29.8m0.35
Q4 2022$45.7m$18.3m0.40

Biggest buyers

Clearbridge Investments, LLC New +1,705,197+1.7m
BlackRock Inc. Added +903,040+903.0k
Long Pond Capital, LP Added +552,042+552.0k
Echo Street Capital Management LLC Added +275,528+275.5k
Qube Research & Technologies Ltd New +269,478+269.5k
RENAISSANCE TECHNOLOGIES LLC Added +260,700+260.7k
Man Group plc Added +195,056+195.1k
CENTERSQUARE INVESTMENT MANAGEMENT LLC Added +186,057+186.1k
JPMORGAN CHASE & CO Added +134,625+134.6k
STATE STREET CORP Added +130,754+130.8k

Biggest sellers

UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Sold out -1,186,303-1.2m
PRICE T ROWE ASSOCIATES INC /MD/ Reduced -931,310-931.3k
MORGAN STANLEY Reduced -816,113-816.1k
Heitman Real Estate Securities LLC Reduced -625,107-625.1k
CITADEL ADVISORS LLC Reduced -416,594-416.6k
AMERICAN CENTURY COMPANIES INC Reduced -379,040-379.0k
WELLINGTON MANAGEMENT GROUP LLP Reduced -340,435-340.4k
Artemis Investment Management LLP Sold out -336,890-336.9k
Schonfeld Strategic Advisors LLC Reduced -270,303-270.3k
AXA S.A. Reduced -258,233-258.2k

Biggest calls

NOMURA HOLDINGS INC Added $12.4m76.9k shares
CITADEL ADVISORS LLC Reduced $8.0m49.5k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $5.8m35.9k shares
JANE STREET GROUP, LLC Reduced $4.8m29.6k shares
MILLENNIUM MANAGEMENT LLC New $3.7m22.8k shares
Parallax Volatility Advisers, L.P. Added $2.6m15.9k shares
Walleye Trading LLC Added $2.1m12.7k shares
TWO SIGMA SECURITIES, LLC Added $1.6m9.7k shares
PEAK6 Investments LLC Reduced $985.3k6.1k shares
WOLVERINE TRADING, LLC Added $921.0k5.7k shares

Biggest puts

CITADEL ADVISORS LLC Added $7.4m46.0k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $6.0m36.9k shares
JANE STREET GROUP, LLC Reduced $1.1m7.1k shares
Twin Tree Management, LP Unchanged $1.1m6.7k shares
TWO SIGMA SECURITIES, LLC New $904.5k5.6k shares
WOLVERINE TRADING, LLC Reduced $743.0k4.6k shares
CAPSTONE INVESTMENT ADVISORS, LLC Reduced $403.8k2.5k shares
TUDOR INVESTMENT CORP ET AL New $242.0k1.5k shares
SIMPLEX TRADING, LLC Reduced $177.0k1.1k shares
Walleye Trading LLC Reduced $129.2k800 shares

Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.

Major shareholders (over 5%)

Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.

HolderStakeChangeShares Last filed
VANGUARD PORTFOLIO MANAGEMENT LLC 13G · institution new · filed 2026-04-28 8.7% new 12.2m≈ $2.3bn 2026-04-28
VANGUARD CAPITAL MANAGEMENT LLC 13G · institution new · filed 2026-04-29 7.6% new 10.7m≈ $2.0bn 2026-04-29
NORGES BANK 13G · institution new · filed 2025-11-05 5.3% new 7.6m≈ $1.4bn 2025-11-05

Fell to 5% or below in the last year: VANGUARD GROUP INC (0.0%, 2026-03-26; now reported by VANGUARD PORTFOLIO MANAGEMENT LLC)

Holders, Q4 2022

#ManagerLocationShares Value% of their portfolioChangeShares change
1 VANGUARD GROUP INC 0.10% of their portfolio Valley Forge, PA 22,919,30722.9m $3.7bn $3.7bn 0.10% Added +57.0k +57,039
2 BlackRock Inc. 0.08% of their portfolio New York, NY 15,029,55815.0m $2.4bn $2.4bn 0.08% Added +903.0k +903,040
3 STATE STREET CORP 0.09% of their portfolio BOSTON, MA 9,555,9209.6m $1.6bn $1.6bn 0.09% Added +130.8k +130,754
4 NORGES BANK 0.24% of their portfolio OSLO, Q8 6,200,7786.2m $1.0bn $1.0bn 0.24% Unchanged
5 PRINCIPAL FINANCIAL GROUP INC 0.59% of their portfolio DES MOINES, IA 4,849,0864.8m $783.2m $783.2m 0.59% Reduced -170.4k -170,405
6 PRICE T ROWE ASSOCIATES INC /MD/ 0.12% of their portfolio BALTIMORE, MD 4,726,9674.7m $763.5m $763.5m 0.12% Reduced -931.3k -931,310
7 JPMORGAN CHASE & CO 0.09% of their portfolio NEW YORK, NY 4,104,0414.1m $662.9m $662.9m 0.09% Added +134.6k +134,625
8 GEODE CAPITAL MANAGEMENT, LLC 0.07% of their portfolio BOSTON, MA 3,091,3453.1m $498.5m $498.5m 0.07% Added +57.7k +57,744
9 Invesco Ltd. 0.14% of their portfolio ATLANTA, GA 2,985,6553.0m $482.2m $482.2m 0.14% Added +57.3k +57,264
10 DEUTSCHE BANK AG\ 0.20% of their portfolio FRANKFURT AM MAIN, 2M 2,168,9202.2m $350.3m $350.3m 0.20% Reduced -25.6k -25,617
11 NORTHERN TRUST CORP 0.07% of their portfolio CHICAGO, IL 2,101,8002.1m $339.5m $339.5m 0.07% Added +13.3k +13,330
12 Legal & General Group Plc 0.12% of their portfolio London, X0 1,973,3272.0m $318.7m $318.7m 0.12% Reduced -35.5k -35,489
13 AMERIPRISE FINANCIAL INC 0.11% of their portfolio MINNEAPOLIS, MN 1,965,4312.0m $317.5m $317.5m 0.11% Reduced -10.7k -10,680
14 DIMENSIONAL FUND ADVISORS LP 0.11% of their portfolio AUSTIN, TX 1,899,3361.9m $306.8m $306.8m 0.11% Reduced -123.8k -123,799
15 WELLINGTON MANAGEMENT GROUP LLP 0.06% of their portfolio Boston, MA 1,861,3371.9m $300.6m $300.6m 0.06% Reduced -340.4k -340,435
16 CENTERSQUARE INVESTMENT MANAGEMENT LLC 3.42% of their portfolio CONSHOHOCKEN, PA 1,814,3731.8m $293.1m $293.1m 3.42% Added +186.1k +186,057
17 Nuveen Asset Management, LLC 0.10% of their portfolio CHICAGO, IL 1,798,0061.8m $254.5m $254.5m 0.10% Reduced -184.3k -184,320
18 Clearbridge Investments, LLC 0.27% of their portfolio NEW YORK, NY 1,705,1971.7m $275.4m $275.4m 0.27% New
19 CANADA PENSION PLAN INVESTMENT BOARD 0.46% of their portfolio TORONTO ONTARIO, A6 1,593,7711.6m $257.4m $257.4m 0.46% Reduced -34.0k -34,000
20 GOLDMAN SACHS GROUP INC 0.07% of their portfolio NEW YORK, NY 1,577,6861.6m $254.8m $254.8m 0.07% Added +71.7k +71,696
21 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.07% of their portfolio SAN FRANCISCO, CA 1,390,0651.4m $224.5m $224.5m 0.07% Added +47.5k +47,467
22 MORGAN STANLEY 0.03% of their portfolio NEW YORK, NY 1,364,4921.4m $220.4m $220.4m 0.03% Reduced -816.1k -816,113
23 Bank of New York Mellon Corp 0.04% of their portfolio NEW YORK, NY 1,140,1961.1m $184.2m $184.2m 0.04% Reduced -60.3k -60,275
24 Sumitomo Mitsui Trust Group, Inc. 0.13% of their portfolio CHIYODA-KU, TOKYO, M0 1,053,7181.1m $170.2m $170.2m 0.13% Added +27.0k +26,983
25 Echo Street Capital Management LLC 1.48% of their portfolio New York, NY 947,105947.1k $153.0m $153.0m 1.48% Added +275.5k +275,528
26 MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 0.05% of their portfolio Boston, MA 918,747918.7k $148.4m $148.4m 0.05% Reduced -18.5k -18,530
27 Long Pond Capital, LP 7.59% of their portfolio New York, NY 767,824767.8k $124.0m $124.0m 7.59% Added +552.0k +552,042
28 AEW CAPITAL MANAGEMENT L P 4.84% of their portfolio BOSTON, MA 764,918764.9k $123.5m $123.5m 4.84% Added +12.5k +12,465
29 DUFF & PHELPS INVESTMENT MANAGEMENT CO 1.48% of their portfolio CHICAGO, IL 762,993763.0k $121.5m $121.5m 1.48% Reduced -33.2k -33,175
30 Russell Investments Group, Ltd. 0.22% of their portfolio Seattle, WA 668,354668.4k $108.0m $108.0m 0.22% Reduced -9.9k -9,915
31 BANK OF AMERICA CORP /DE/ 0.01% of their portfolio CHARLOTTE, NC 648,625648.6k $104.8m $104.8m 0.01% Added +49.0k +49,014
32 LASALLE INVESTMENT MANAGEMENT SECURITIES LLC 4.16% of their portfolio BALTIMORE, MD 627,681627.7k $101.4m $101.4m 4.16% Added +42.4k +42,412
33 Swiss National Bank 0.07% of their portfolio ZURICH, V8 568,321568.3k $91.8m $91.8m 0.07% Reduced -37.1k -37,059
34 APG Asset Management US Inc. 0.61% of their portfolio New York, NY 463,548463.5k $74.9m $74.9m 0.61% Reduced -708 -708
35 California Public Employees Retirement System 0.05% of their portfolio Sacramento, CA 376,309376.3k $60.8m $60.8m 0.05% Added +60.9k +60,885
36 AXA S.A. 0.21% of their portfolio PARIS, I0 356,295356.3k $57.5m $57.5m 0.21% Reduced -258.2k -258,233
37 HSBC HOLDINGS PLC 0.07% of their portfolio LONDON, X0 345,783345.8k $55.8m $55.8m 0.07% Added +71.8k +71,826
38 MILLENNIUM MANAGEMENT LLC 0.06% of their portfolio NEW YORK, NY 345,107345.1k $55.7m $55.7m 0.06% Reduced -196.1k -196,127
39 WELLS FARGO & COMPANY/MN 0.02% of their portfolio SAN FRANCISCO, CA 341,540341.5k $55.2m $55.2m 0.02% Added +114.7k +114,725
40 RENAISSANCE TECHNOLOGIES LLC 0.08% of their portfolio NEW YORK, NY 339,514339.5k $54.8m $54.8m 0.08% Added +260.7k +260,700
41 Amundi 0.03% of their portfolio Paris, I0 314,141314.1k $53.4m $53.4m 0.03% Reduced -125.6k -125,635
42 VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.28% of their portfolio JUPITER, FL 310,553310.6k $50.2m $50.2m 0.28% Added +61.9k +61,896
43 Thrivent Financial for Lutherans 0.13% of their portfolio Minneapolis, MN 306,826306.8k $49.6m $49.6m 0.13% Added +45.2k +45,226
44 Asset Management One Co., Ltd. 0.24% of their portfolio TOKYO, M0 300,071300.1k $48.8m $48.8m 0.24% Added +6.9k +6,881
45 RHUMBLINE ADVISERS 0.06% of their portfolio BOSTON, MA 295,983296.0k $47.8m $47.8m 0.06% Added +9.6k +9,600
46 VIRGINIA RETIREMENT SYSTEMS ET Al 0.50% of their portfolio RICHMOND, VA 294,221294.2k $47.5m $47.5m 0.50% Added +9.3k +9,300
47 Allianz Asset Management GmbH 0.10% of their portfolio MUNICH, 2M 285,217285.2k $46.1m $46.1m 0.10% Reduced -41.8k -41,750
48 CREDIT SUISSE AG/ 0.05% of their portfolio ZURICH, V8 281,895281.9k $45.5m $45.5m 0.05% Added +4.9k +4,888
49 National Pension Service 0.09% of their portfolio JEONJU-SI, JEOLLABUK-DO, M5 281,449281.4k $45.5m $45.5m 0.09% Added +17.3k +17,258
50 CANADA LIFE ASSURANCE Co 0.12% of their portfolio WINNIPEG, A2 281,048281.0k $45.6m $45.6m 0.12% Added +8.8k +8,772
51 BARCLAYS PLC 0.04% of their portfolio LONDON, X0 278,752278.8k $45.0m $45.0m 0.04% First filing
52 FMR LLC 0.00% of their portfolio BOSTON, MA 274,753274.8k $44.4m $44.4m 0.00% Reduced -75.1k -75,069
53 CBRE INVESTMENT MANAGEMENT LISTED REAL ASSETS LLC 0.77% of their portfolio RADNOR, PA 273,665273.7k $44.2m $44.2m 0.77% Reduced -255.9k -255,940
54 Qube Research & Technologies Ltd 0.26% of their portfolio LONDON, X0 269,478269.5k $43.5m $43.5m 0.26% New
55 J.P. Morgan Private Wealth Advisors LLC 0.09% of their portfolio SAN FRANCISCO, CA 252,083252.1k $40.7m $40.7m 0.09% Reduced -81.9k -81,914
56 PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO 0.17% of their portfolio COLUMBUS, OH 237,502237.5k $38.4m $38.4m 0.17% Reduced -53.3k -53,312
57 Man Group plc 0.14% of their portfolio LONDON, X0 233,633233.6k $37.7m $37.7m 0.14% Added +195.1k +195,056
58 CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.06% of their portfolio WEST SACRAMENTO, CA 233,227233.2k $37.7m $37.7m 0.06% Added +1.9k +1,944
59 Aberdeen Group plc 0.10% of their portfolio EDINBURGH, X0 232,717232.7k $37.6m $37.6m 0.10% Reduced -42.6k -42,575
60 SEI INVESTMENTS CO 0.08% of their portfolio OAKS, PA 226,231226.2k $36.5m $36.5m 0.08% Added +4.6k +4,596
61 ALLIANCEBERNSTEIN L.P. 0.02% of their portfolio NASHVILLE, TN 222,261222.3k $35.9m $35.9m 0.02% Reduced -3.5k -3,512
62 M&T Bank Corp 0.14% of their portfolio BUFFALO, NY 221,356221.4k $35.7m $35.7m 0.14% Reduced -4.6k -4,602
63 ROYAL BANK OF CANADA 0.01% of their portfolio TORONTO, A6 220,437220.4k $35.6m $35.6m 0.01% Added +40.7k +40,734
64 State of Tennessee, Department of Treasury 0.16% of their portfolio NASHVILLE, TN 213,148213.1k $34.4m $34.4m 0.16% Reduced -24.9k -24,935
65 AVIVA PLC 0.16% of their portfolio LONDON, X0 196,668196.7k $31.8m $31.8m 0.16% Added +20.6k +20,585
66 NEW YORK STATE COMMON RETIREMENT FUND 0.04% of their portfolio ALBANY, NY 195,647195.6k $31.6m $31.6m 0.04% Added +2.1k +2,060
67 PRUDENTIAL FINANCIAL INC 0.05% of their portfolio NEWARK, NJ 190,890190.9k $30.8m $30.8m 0.05% Added +48.0k +48,023
68 STRS OHIO 0.13% of their portfolio COLUMBUS, OH 185,028185.0k $29.9m $29.9m 0.13% Added +37.4k +37,379
69 STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.07% of their portfolio TALLAHASSEE, FL 180,788180.8k $29.2m $29.2m 0.07% Added +4.8k +4,830
70 NOMURA ASSET MANAGEMENT CO LTD 0.16% of their portfolio TOKYO, M0 175,786175.8k $28.4m $28.4m 0.16% Added +534 +534
71 VAN LANSCHOT KEMPEN INVESTMENT MANAGEMENT N.V. 0.82% of their portfolio AMSTERDAM, P7 173,479173.5k $28.0m $28.0m 0.82% Reduced -25.1k -25,050
72 Mitsubishi UFJ Asset Management Co., Ltd. 0.08% of their portfolio TOKYO, M0 172,520172.5k $27.9m $27.9m 0.08% Added +19.3k +19,294
73 Ensign Peak Advisors, Inc 0.06% of their portfolio SALT LAKE CITY, UT 171,973172.0k $27.8m $27.8m 0.06% Added +5.7k +5,670
74 Adelante Capital Management LLC 2.23% of their portfolio ALAMEDA, CA 164,015164.0k $26.5m $26.5m 2.23% Added +34.5k +34,526
75 CITIGROUP INC 0.04% of their portfolio NEW YORK, NY 159,658159.7k $25.8m $25.8m 0.04% Reduced -13.9k -13,893
76 Robeco Institutional Asset Management B.V. 0.07% of their portfolio ROTTERDAM, P7 156,874156.9k $25.3m $25.3m 0.07% Added +27.6k +27,556
77 NEW YORK STATE TEACHERS RETIREMENT SYSTEM 0.06% of their portfolio ALBANY, NY 154,119154.1k $24.9m $24.9m 0.06% Added +4.0k +4,043
78 NISA INVESTMENT ADVISORS, LLC 0.19% of their portfolio ST. LOUIS, MO 151,689151.7k $24.5m $24.5m 0.19% Added +73.2k +73,156
79 RAYMOND JAMES & ASSOCIATES 0.02% of their portfolio ST PETERSBURG, FL 151,511151.5k $24.5m $24.5m 0.02% Added +109.8k +109,778
80 FRANKLIN RESOURCES INC 0.01% of their portfolio San Mateo, CA 151,213151.2k $24.4m $24.4m 0.01% Reduced -28.5k -28,497
81 WESTPAC BANKING CORP 0.36% of their portfolio SYDNEY, C3 148,875148.9k $24.0m $24.0m 0.36% Reduced -2.5k -2,511
82 UBS Group AG 0.01% of their portfolio ZURICH, V8 148,254148.3k $23.9m $23.9m 0.01% Added +4.3k +4,338
83 BANK OF MONTREAL /CAN/ 0.01% of their portfolio TORONTO, A6 141,941141.9k $23.0m $23.0m 0.01% Added +49.7k +49,716
84 Presima Securities ULC 6.58% of their portfolio MONTREAL, A8 141,300141.3k $22.8m $22.8m 6.58% Added +7.2k +7,200
85 GUGGENHEIM CAPITAL LLC 0.20% of their portfolio CHICAGO, IL 137,634137.6k $22.2m $22.2m 0.20% Reduced -11.4k -11,450
86 AQR CAPITAL MANAGEMENT LLC 0.05% of their portfolio Greenwich, CT 136,619136.6k $22.0m $22.0m 0.05% Added +13.6k +13,594
87 Weiss Multi-Strategy Advisers LLC 0.63% of their portfolio NEW YORK, NY 136,336136.3k $22.0m $22.0m 0.63% Added +78.3k +78,348
88 VICTORY CAPITAL MANAGEMENT INC 0.02% of their portfolio San Antonio, TX 134,497134.5k $21.7m $21.7m 0.02% Added +4.9k +4,877
89 BNP PARIBAS FINANCIAL MARKETS 0.05% of their portfolio PARIS, I0 133,817133.8k $21.6m $21.6m 0.05% Added +101.9k +101,856
90 Retirement Systems of Alabama 0.09% of their portfolio MONTGOMERY, AL 130,153130.2k $21.0m $21.0m 0.09% Reduced -4.1k -4,076
91 TWO SIGMA INVESTMENTS, LP 0.06% of their portfolio NEW YORK, NY 124,528124.5k $20.1m $20.1m 0.06% Added +101.5k +101,498
92 JUPITER ASSET MANAGEMENT LTD 0.29% of their portfolio London, X0 124,259124.3k $20.1m $20.1m 0.29% Added +117.3k +117,302
93 STOREBRAND ASSET MANAGEMENT AS 0.11% of their portfolio LYSAKER, Q8 123,630123.6k $20.0m $20.0m 0.11% Reduced -678 -678
94 CHILTON CAPITAL MANAGEMENT LLC 1.20% of their portfolio HOUSTON, TX 118,400118.4k $19.3m $19.3m 1.20% Reduced -4.3k -4,304
95 PICTET ASSET MANAGEMENT SA 0.03% of their portfolio GENEVA 73, V8 116,170116.2k $18.8m $18.8m 0.03% Added +6.1k +6,089
96 FERGUSON WELLMAN CAPITAL MANAGEMENT, INC 0.49% of their portfolio PORTLAND, OR 115,778115.8k $18.7m $18.7m 0.49% Reduced -16.0k -16,044
97 MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.01% of their portfolio Toronto, A6 114,680114.7k $18.5m $18.5m 0.01% Reduced -1.6k -1,647
98 Land & Buildings Investment Management, LLC 3.79% of their portfolio STAMFORD, CT 108,919108.9k $17.6m $17.6m 3.79% Reduced -22.3k -22,346
99 Uniplan Investment Counsel, Inc. 1.23% of their portfolio MILWAUKEE, WI 107,176107.2k $17.3m $17.3m 1.23% Reduced -3.7k -3,656
100 SUN LIFE FINANCIAL INC 1.31% of their portfolio Toronto, A6 106,048106.0k $17.1m $17.1m 1.31% Unchanged