Vault-13

EQUITY COMWLTH EQC

COM SH BEN INT · REIT · CUSIP 294628102

270 institutional holders +11 vs Q3 2023
103,770,728103.8m shares reported held*
$2.0bnreported value*
27 new 97 added 100 reduced 28 sold out net bought ≈ $16.4m (+861.8k 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 ($9.0m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $19.22. Options: 4 managers hold calls ($321.8k notional), 4 hold puts ($577.4k).

Trends to Q4 2023

Institutional holders

Managers reporting a position, each quarter

0100200300Q3 22: 242Q4 22: 259Q1 23: 253Q2 23: 256Q3 23: 259Q4 23: 270270Q3 22Q4 22Q1 23Q2 23Q3 23Q4 23
Numbers
QuarterHolders
Q3 2022242
Q4 2022259
Q1 2023253
Q2 2023256
Q3 2023259
Q4 2023270

Buyers vs sellers

Managers adding to or starting a position, vs cutting or selling out

Bought or addedCut or sold out
2000200Q4 22: 138 bought or addedQ4 22: 102 cut or sold outQ4 22Q1 23: 146 bought or addedQ1 23: 110 cut or sold outQ1 23Q2 23: 122 bought or addedQ2 23: 118 cut or sold outQ2 23Q3 23: 135 bought or addedQ3 23: 107 cut or sold outQ3 23Q4 23: 124 bought or addedQ4 23: 128 cut or sold outQ4 23
Numbers
QuarterBought or addedCut or sold out
Q4 2022138102
Q1 2023146110
Q2 2023122118
Q3 2023135107
Q4 2023124128

Calls vs puts

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

CallsPuts
$0$1m$2m$3mQ1 23 calls: $629.5kQ1 23 puts: $2.7mQ1 23P/C 4.25Q2 23 calls: $506.5kQ2 23 puts: $277.6kQ2 23P/C 0.55Q3 23 calls: $789.4kQ3 23 puts: $635.6kQ3 23P/C 0.81Q4 23 calls: $321.8kQ4 23 puts: $577.4kQ4 23P/C 1.79
Numbers
QuarterCallsPutsP/C
Q1 2023$629.5k$2.7m4.25
Q2 2023$506.5k$277.6k0.55
Q3 2023$789.4k$635.6k0.81
Q4 2023$321.8k$577.4k1.79

Biggest buyers

BlackRock Inc. Added +2,481,340+2.5m
JPMORGAN CHASE & CO Added +1,375,777+1.4m
Balyasny Asset Management L.P. New +668,332+668.3k
TWO SIGMA INVESTMENTS, LP New +636,452+636.5k
JACOBS LEVY EQUITY MANAGEMENT, INC Added +563,278+563.3k
Qube Research & Technologies Ltd Added +364,328+364.3k
Man Group plc New +358,356+358.4k
MILLENNIUM MANAGEMENT LLC Added +325,051+325.1k
JUPITER ASSET MANAGEMENT LTD New +255,209+255.2k
CARDINAL CAPITAL MANAGEMENT LLC /CT Added +245,142+245.1k

Biggest sellers

ARIEL INVESTMENTS, LLC Reduced -4,305,166-4.3m
NORGES BANK Reduced -477,477-477.5k
HEARTLAND ADVISORS INC Reduced -442,736-442.7k
VICTORY CAPITAL MANAGEMENT INC Reduced -415,712-415.7k
ArrowMark Colorado Holdings LLC Sold out -403,164-403.2k
PUTNAM INVESTMENTS LLC Sold out -394,729-394.7k
DigitalBridge Group, Inc. Reduced -330,688-330.7k
Ranger Global Real Estate Advisors, LLC Sold out -309,533-309.5k
VANGUARD GROUP INC Reduced -293,781-293.8k
Edgestream Partners, L.P. Reduced -291,616-291.6k

Biggest calls

CITADEL ADVISORS LLC Reduced $305.3k15.9k shares
GROUP ONE TRADING LLC Reduced $11.5k600 shares
SIMPLEX TRADING, LLC Unchanged $5.0k300 shares
CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 shares

Biggest puts

GROUP ONE TRADING LLC Added $457.0k23.8k shares
CITADEL ADVISORS LLC Reduced $84.5k4.4k shares
SIMPLEX TRADING, LLC New $36.0k1.9k shares
CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 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
Weiss Asset Management LP 13G · passive investor filed 2025-01-30 8.8% 9.5m 2025-01-30
Alberta Investment Management Corp 13G · passive investor new · filed 2024-12-23 8.1% new 8.7m 2024-12-23
Indaba Capital Management, L.P. 13G · institution -1.1 pts · filed 2025-05-15 7.8% -1.1 pts 8.4m 2025-05-15
BlackRock, Inc. 13G · institution new · filed 2025-02-06 5.2% new 5.6m 2025-02-06

Holders, Q4 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 VANGUARD GROUP INC 0.01% of their portfolio Valley Forge, PA 16,194,67916.2m $310.9m $310.9m 0.01% Reduced -293.8k -293,781
2 BlackRock Inc. 0.01% of their portfolio New York, NY 10,712,28010.7m $205.7m $205.7m 0.01% Added +2.5m +2,481,340
3 NUANCE INVESTMENTS, LLC 2.28% of their portfolio Kansas City, MO 5,187,5845.2m $99.6m $99.6m 2.28% Added +188.1k +188,138
4 SEGALL BRYANT & HAMILL, LLC 1.88% of their portfolio CHICAGO, IL 5,074,7135.1m $97.4m $97.4m 1.88% Reduced -84.4k -84,449
5 CHAI TRUST CO LLC 5.71% of their portfolio CHICAGO, IL 3,544,8083.5m $68.1m $68.1m 5.71% Added +178.7k +178,685
6 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 3,459,4613.5m $66.4m $66.4m 0.00% Added +102.2k +102,151
7 Burgundy Asset Management Ltd. 0.61% of their portfolio Toronto, A6 2,869,4322.9m $55.1m $55.1m 0.61% Added +102.3k +102,254
8 GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio BOSTON, MA 2,425,2652.4m $46.6m $46.6m 0.00% Added +37.5k +37,549
9 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 2,375,1462.4m $45.6m $45.6m 0.00% Added +1.4m +1,375,777
10 CARDINAL CAPITAL MANAGEMENT LLC /CT 1.77% of their portfolio GREENWICH, CT 2,009,5742.0m $38.6m $38.6m 1.77% Added +245.1k +245,142
11 Robeco Institutional Asset Management B.V. 0.09% of their portfolio ROTTERDAM, P7 1,888,1551.9m $36.3m $36.3m 0.09% Reduced -117.0k -116,990
12 BROWN ADVISORY INC 0.05% of their portfolio BALTIMORE, MD 1,885,5121.9m $36.2m $36.2m 0.05% Added +53.0k +52,964
13 THOMPSON SIEGEL & WALMSLEY LLC 0.54% of their portfolio RICHMOND, VA 1,748,5771.7m $33.6m $33.6m 0.54% Reduced -159.9k -159,870
14 JACOBS LEVY EQUITY MANAGEMENT, INC 0.17% of their portfolio FLORHAM PARK, NJ 1,711,1031.7m $32.9m $32.9m 0.17% Added +563.3k +563,278
15 VAUGHAN NELSON INVESTMENT MANAGEMENT, L.P. 0.31% of their portfolio HOUSTON, TX 1,616,7201.6m $31.0m $31.0m 0.31% Added +53.8k +53,760
16 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.01% of their portfolio SAN FRANCISCO, CA 1,547,2551.5m $29.7m $29.7m 0.01% Reduced -13.6k -13,562
17 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 1,511,8881.5m $29.0m $29.0m 0.00% Reduced -246.3k -246,264
18 DIMENSIONAL FUND ADVISORS LP 0.01% of their portfolio AUSTIN, TX 1,467,3081.5m $28.2m $28.2m 0.01% Reduced -51.0k -51,000
19 NORTHERN TRUST CORP 0.01% of their portfolio CHICAGO, IL 1,454,7201.5m $27.9m $27.9m 0.01% Added +148.0k +147,976
20 RENAISSANCE TECHNOLOGIES LLC 0.04% of their portfolio NEW YORK, NY 1,365,0851.4m $26.2m $26.2m 0.04% Reduced -149.0k -149,000
21 GOLDMAN SACHS GROUP INC 0.01% of their portfolio NEW YORK, NY 1,244,6661.2m $23.9m $23.9m 0.01% Added +9.0k +9,049
22 ARIEL INVESTMENTS, LLC 0.23% of their portfolio CHICAGO, IL 1,191,3611.2m $22.9m $22.9m 0.23% Reduced -4.3m -4,305,166
23 St. James Investment Company, LLC 3.50% of their portfolio SOUTHLAKE, TX 1,124,0981.1m $21.6m $21.6m 3.50% Reduced -159.7k -159,746
24 Russell Investments Group, Ltd. 0.04% of their portfolio Seattle, WA 1,111,5021.1m $21.3m $21.3m 0.04% Reduced -137.6k -137,620
25 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 1,057,5161.1m $20.3m $20.3m 0.00% Added +162.0k +161,970
26 D. E. Shaw & Co., Inc. 0.03% of their portfolio New York, NY 935,938935.9k $18.0m $18.0m 0.03% Added +115.7k +115,660
27 California Public Employees Retirement System 0.01% of their portfolio Sacramento, CA 884,357884.4k $17.0m $17.0m 0.01% Reduced -16.0k -15,956
28 NORGES BANK 0.00% of their portfolio OSLO, Q8 876,750876.8k $16.8m $16.8m 0.00% Reduced -477.5k -477,477
29 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 753,556753.6k $14.5m $14.5m 0.00% Added +37.3k +37,309
30 TWO SIGMA ADVISERS, LP 0.03% of their portfolio NEW YORK, NY 742,600742.6k $14.3m $14.3m 0.03% Added +203.4k +203,400
31 Maren Capital LLC 1.76% of their portfolio CHICAGO, IL 714,461714.5k $13.7m $13.7m 1.76% First filing
32 VICTORY CAPITAL MANAGEMENT INC 0.01% of their portfolio San Antonio, TX 703,535703.5k $13.5m $13.5m 0.01% Reduced -415.7k -415,712
33 Balyasny Asset Management L.P. 0.04% of their portfolio Chicago, IL 668,332668.3k $12.8m $12.8m 0.04% New
34 Thrivent Financial for Lutherans 0.03% of their portfolio Minneapolis, MN 654,726654.7k $12.6m $12.6m 0.03% Added +162.5k +162,529
35 TWO SIGMA INVESTMENTS, LP 0.03% of their portfolio NEW YORK, NY 636,452636.5k $12.2m $12.2m 0.03% New
36 Qube Research & Technologies Ltd 0.03% of their portfolio LONDON, X0 631,704631.7k $12.1m $12.1m 0.03% Added +364.3k +364,328
37 Wallace Capital Management Inc. 1.61% of their portfolio DALLAS, TX 562,990563.0k $10.8m $10.8m 1.61% Added +12.2k +12,215
38 LOOMIS SAYLES & CO L P 0.02% of their portfolio BOSTON, MA 550,822550.8k $10.6m $10.6m 0.02% Reduced -81.7k -81,692
39 ROYCE & ASSOCIATES LP 0.10% of their portfolio New York, NY 537,642537.6k $10.3m $10.3m 0.10% Reduced -133.7k -133,677
40 BRANDES INVESTMENT PARTNERS, LP 0.15% of their portfolio LA JOLLA, CA 521,399521.4k $10.0m $10.0m 0.15% Reduced -48.3k -48,295
41 MILLENNIUM MANAGEMENT LLC 0.01% of their portfolio NEW YORK, NY 514,884514.9k $9.9m $9.9m 0.01% Added +325.1k +325,051
42 HEARTLAND ADVISORS INC 0.50% of their portfolio MILWAUKEE, WI 500,773500.8k $9.6m $9.6m 0.50% Reduced -442.7k -442,736
43 VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.04% of their portfolio JUPITER, FL 492,857492.9k $9.5m $9.5m 0.04% Added +11.5k +11,537
44 RAYMOND JAMES & ASSOCIATES 0.01% of their portfolio ST PETERSBURG, FL 408,429408.4k $7.8m $7.8m 0.01% Added +11.9k +11,919
45 Asset Management One Co., Ltd. 0.03% of their portfolio TOKYO, M0 361,967362.0k $7.0m $7.0m 0.03% Added +58.0k +58,000
46 DigitalBridge Group, Inc. 0.71% of their portfolio Boca Raton, FL 360,080360.1k $6.9m $6.9m 0.71% Reduced -330.7k -330,688
47 Man Group plc 0.02% of their portfolio LONDON, X0 358,356358.4k $6.9m $6.9m 0.02% New
48 GW&K Investment Management, LLC 0.06% of their portfolio BOSTON, MA 353,904353.9k $6.8m $6.8m 0.06% Reduced -16.9k -16,865
49 BOOTHBAY FUND MANAGEMENT, LLC 0.23% of their portfolio NEW YORK, NY 351,907351.9k $6.8m $6.8m 0.23% Added +106.5k +106,460
50 LEE DANNER & BASS INC 0.57% of their portfolio NASHVILLE, TN 346,000346.0k $6.6m $6.6m 0.57% Added +143.8k +143,800
51 Nuveen Asset Management, LLC 0.00% of their portfolio CHICAGO, IL 344,081344.1k $6.6m $6.6m 0.00% Reduced -244.3k -244,295
52 BANK OF MONTREAL /CAN/ 0.00% of their portfolio TORONTO, A6 318,991319.0k $6.2m $6.2m 0.00% Added +6.6k +6,575
53 TANG CAPITAL MANAGEMENT LLC 0.53% of their portfolio SAN DIEGO, CA 300,000300.0k $5.8m $5.8m 0.53% Unchanged
54 Manning & Napier Group, LLC 0.07% of their portfolio Fairport, NY 291,550291.6k $5.6m $5.6m 0.07% Reduced -4.5k -4,535
55 DEAN INVESTMENT ASSOCIATES, LLC 0.80% of their portfolio BEAVERCREEK, OH 290,211290.2k $5.6m $5.6m 0.80% Added +75.9k +75,860
56 UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio NEW YORK, NY 284,502284.5k $5.5m $5.5m 0.00% Added +89.2k +89,188
57 MACQUARIE GROUP LTD 0.01% of their portfolio Sydney, NSW 2000, C3 267,312267.3k $5.1m $5.1m 0.01% Added +77.6k +77,646
58 CITADEL ADVISORS LLC 0.01% of their portfolio MIAMI, FL 265,576265.6k $5.1m $5.1m 0.01% Added +239.5k +239,470
59 NATIXIS ADVISORS, LLC 0.01% of their portfolio Boston, MA 263,373263.4k $5.1m $5.1m 0.01% Added +38.7k +38,717
60 STANSBERRY ASSET MANAGEMENT, LLC 0.84% of their portfolio Westlake, TX 262,727262.7k $5.0m $5.0m 0.84% Reduced -42.5k -42,531
61 PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO 0.02% of their portfolio COLUMBUS, OH 261,835261.8k $5.0m $5.0m 0.02% Added +3.2k +3,244
62 SEI INVESTMENTS CO 0.01% of their portfolio OAKS, PA 257,642257.6k $4.9m $4.9m 0.01% Added +85.1k +85,102
63 JUPITER ASSET MANAGEMENT LTD 0.05% of their portfolio London, X0 255,209255.2k $4.9m $4.9m 0.05% New
64 TUDOR INVESTMENT CORP ET AL 0.07% of their portfolio STAMFORD, CT 251,583251.6k $4.8m $4.8m 0.07% Added +51.0k +51,024
65 Western Standard LLC 4.55% of their portfolio Los Angeles, CA 251,482251.5k $4.8m $4.8m 4.55% Added +146.4k +146,382
66 RHUMBLINE ADVISERS 0.00% of their portfolio BOSTON, MA 243,800243.8k $4.7m $4.7m 0.00% Reduced -8.2k -8,249
67 Invesco Ltd. 0.00% of their portfolio ATLANTA, GA 229,243229.2k $4.4m $4.4m 0.00% Reduced -11.0k -11,029
68 HRT FINANCIAL LP 0.03% of their portfolio NEW YORK, NY 222,266222.3k $4.3m $4.3m 0.03% Added +186.3k +186,326
69 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 221,588221.6k $4.3m $4.3m 0.00% Reduced -3.0k -3,024
70 Swiss National Bank 0.00% of their portfolio ZURICH, V8 216,300216.3k $4.2m $4.2m 0.00% Reduced -24.9k -24,900
71 Cubist Systematic Strategies, LLC 0.05% of their portfolio STAMFORD, CT 216,113216.1k $4.1m $4.1m 0.05% Added +112.7k +112,707
72 ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.00% of their portfolio BOSTON, MA 205,194205.2k $3.9m $3.9m 0.00% New
73 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 201,505201.5k $3.9m $3.9m 0.00% Added +53.0k +52,979
74 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 197,574197.6k $3.8m $3.8m 0.00% Added +66.8k +66,833
75 MUTUAL OF AMERICA CAPITAL MANAGEMENT LLC 0.04% of their portfolio New York, NY 195,614195.6k $3.8m $3.8m 0.04% Reduced -3.3k -3,329
76 Relative Value Partners Group, LLC 0.23% of their portfolio NORTHBROOK, IL 195,583195.6k $3.8m $3.8m 0.23% Reduced -1.7k -1,737
77 Legal & General Group Plc 0.00% of their portfolio London, X0 186,899186.9k $3.6m $3.6m 0.00% Reduced -17.8k -17,783
78 Boston Partners 0.00% of their portfolio BOSTON, MA 181,676181.7k $3.5m $3.5m 0.00% Reduced -82.9k -82,880
79 State of New Jersey Common Pension Fund D 0.01% of their portfolio TRENTON, NJ 178,994179.0k $3.4m $3.4m 0.01% Unchanged
80 FIRST TRUST ADVISORS LP 0.00% of their portfolio Wheaton, IL 171,628171.6k $3.3m $3.3m 0.00% Added +83.9k +83,926
81 CREDIT SUISSE AG/ 0.00% of their portfolio ZURICH, V8 170,641170.6k $3.3m $3.3m 0.00% Reduced -2.1k -2,114
82 MARTINGALE ASSET MANAGEMENT L P 0.06% of their portfolio BOSTON, MA 165,681165.7k $3.2m $3.2m 0.06% Added +18.3k +18,307
83 BRIDGEWAY CAPITAL MANAGEMENT, LLC 0.07% of their portfolio HOUSTON, TX 162,600162.6k $3.1m $3.1m 0.07% Unchanged
84 PUNCH & ASSOCIATES INVESTMENT MANAGEMENT, INC. 0.18% of their portfolio EDINA, MN 161,920161.9k $3.1m $3.1m 0.18% Added +158.1k +158,061
85 UBS Group AG 0.00% of their portfolio ZURICH, V8 155,932155.9k $3.0m $3.0m 0.00% Added +54.9k +54,946
86 ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio NASHVILLE, TN 154,097154.1k $3.0m $3.0m 0.00% Added +10.0k +10,007
87 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 136,958137.0k $2.6m $2.6m 0.00% Added +75.9k +75,878
88 CANADA LIFE ASSURANCE Co 0.01% of their portfolio WINNIPEG, A2 134,439134.4k $2.6m $2.6m 0.01% Added +9.1k +9,068
89 HGI Capital Management, LLC 2.73% of their portfolio NEW YORK, NY 125,178125.2k $2.4m $2.4m 2.73% New
90 KEATING INVESTMENT COUNSELORS INC 0.86% of their portfolio DELRAY BEACH, FL 124,782124.8k $2.4m $2.4m 0.86% Reduced -22.3k -22,300
91 Sumitomo Mitsui Trust Group, Inc. 0.00% of their portfolio CHIYODA-KU, TOKYO, M0 121,584121.6k $2.3m $2.3m 0.00% Reduced -2.0k -1,958
92 NOMURA ASSET MANAGEMENT CO LTD 0.01% of their portfolio TOKYO, M0 118,400118.4k $2.3m $2.3m 0.01% Reduced -1.4k -1,400
93 MOODY NATIONAL BANK TRUST DIVISION 0.18% of their portfolio GALVESTON, TX 118,061118.1k $2.3m $2.3m 0.18% Added +96 +96
94 CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio WEST SACRAMENTO, CA 114,501114.5k $2.2m $2.2m 0.00% Reduced -5.7k -5,674
95 COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio WALTHAM, MA 105,830105.8k $2.0m $2.0m 0.00% Added +2.4k +2,416
96 AQR CAPITAL MANAGEMENT LLC 0.00% of their portfolio Greenwich, CT 103,519103.5k $2.0m $2.0m 0.00% Added +40.4k +40,416
97 HighTower Advisors, LLC 0.00% of their portfolio CHICAGO, IL 101,765101.8k $2.0m $2.0m 0.00% Reduced -4.4k -4,416
98 TEACHER RETIREMENT SYSTEM OF TEXAS 0.01% of their portfolio AUSTIN, TX 101,566101.6k $1.9m $1.9m 0.01% Reduced -13.6k -13,634
99 Watershed Asset Management, L.L.C. 2.24% of their portfolio San Francisco, CA 100,000100.0k $1.9m $1.9m 2.24% Unchanged
100 Hi-Line Capital Management, LLC 0.73% of their portfolio WATERTOWN, SD 98,37198.4k $1.9m $1.9m 0.73% Unchanged