Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Empire St Rlty Tr Inc (ESRT)

217 + Investors. Track Smart Money conviction in ESRT. See who's accumulating, reducing, or initiating positions.

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↑ +12
Streak
1Q ▲
Buyers last Q
57%

Smart Money Signals — ESRT

Based on 218 hedge funds · latest filing: 2026 Q1 · updated quarterly

📈

Buying streak — 1 quarter in a row

last 6Q
For 1 consecutive quarter, more hedge funds added ESRT than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.
📊

High ownership — 94% of 3.0Y peak

94% of all-time peak
218 funds currently hold this stock — 94% of the 3.0-year high of 232 funds (reached 2025 Q1). Ownership is elevated but not yet at maximum concentration. Room to grow, but watch if the trend reverses.
📉

Outflows — 6% fewer funds vs a year ago

fund count last 6Q
14 fewer hedge funds hold ESRT compared to a year ago (-6% decline). When institutions consistently reduce their exposure, it's worth exploring the underlying fundamental reasons driving them away.
🟡

Slight buying edge — 57% buying

121 buying91 selling
Last quarter: 121 funds bought or added vs 91 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.
📈

More new buyers each quarter (+17 vs last Q)

new funds entering per quarter
Funds opening a new ESRT position: 32 → 24 → 25 → 42. A growing influx of new institutional buyers means the asset is still gathering momentum — the consensus hasn't fully saturated yet.
🔒

65% of holders stayed for 2+ years

■ 65% conviction (2yr+) ■ 21% medium ■ 15% new
141 out of 218 hedge funds have held ESRT for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.
💎

Buying through price weakness — shares +2%, value -27%

Value
-26%
Shares
+2%
Last quarter: funds added +2% more shares while total portfolio value only changed -27%. Institutions were buying while the price was falling — a high-conviction accumulation signal. They're deliberately loading up on the dip.
📈

Growing discovery — still being found

36 → 32 → 24 → 25 → 42 new funds/Q
New funds entering each quarter: 32 → 24 → 25 → 42. A growing number of institutions are discovering ESRT each quarter. The narrative is still spreading — leaving room for ongoing capital accumulation.
🏛️

Veteran-anchored — 70% veterans vs 18% newcomers

■ 70% veterans ■ 12% 1-2yr ■ 18% new
Entry-cohort mix of 219 holders: 154 (70%) are 2+ year veterans, 26 entered 1–2 years ago, and 39 (18%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
🏆

Elite ownership — 40% AUM from top-100 funds

40% from top-100 AUM funds
47 of 218 holders are among the 100 largest funds by AUM, controlling 40% of total institutional value in ESRT. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.
3.1
out of 10
Low Exit Risk
Exit risk score 3.1/10 — low institutional crowding. Ownership is below peak levels, holder base is relatively sticky, and buying momentum is positive.

Methodology note: these Smart Money cards use consecutive 13F disclosure snapshots, not trade-by-trade execution data. "Buying", "selling", "new holders", and "trimmed" refer to quarter-over-quarter changes in reported holders, aggregate shares, or disclosed position values between filings. They are useful for ownership regime analysis and crowding, but they do not imply exact trade timing on the filing date.

Institutional Sentiment Summary — ESRT

In 2026 Q1, 121 hedge funds were net buyers of ESRT (42 opened a new position, 79 added to an existing one), while 91 reduced or exited (61 trimmed, 30 sold completely) — a 57% buyer ratio, indicating a slight buying edge. 40% of total institutional value in ESRT is held by top-100 AUM funds, reflecting elite-tier ownership quality. Net fund flow last quarter: +12 funds (more new holders than closures). Total institutional holders: 218.

Hedge Fund Ownership: ESRT

How many hedge funds hold ESRT — quarterly history vs. share price
Quarterly hedge fund ownership of ESRT vs. share price

Market Analysis: ESRT

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: ESRT

-- --

Institutional ownership data sourced from SEC EDGAR Form 13F-HR filings.

Is It Too Late to Buy Empire St Rlty Tr Inc (ESRT) Based on Hedge Fund 13F Filings?

Signal Freshness measures how much ESRT has moved relative to its sector benchmark (XLRE) since the 2026 Q1 13F filing. A stock that has barely outrun its sector is still a relatively fresh entry point — the fund's thesis has not yet been priced in by the broader market.

Since Quarter End March 31, 2026 · 80d ago
ESRT
+0.8%
XLRE
+7.4%

ESRT outperformed XLRE by -6.6% since March 31, 2026.

Since 13F Filing Date May 15, 2026 · 35d ago
ESRT
-2.6%
XLRE
+1.5%

Since the filing became public, ESRT outperformed XLRE by -4.1% .

Interpretation: The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference. Learn more →

Smart Money Signal ?
Limited Smart Money Interest

No strong consensus or elite conviction detected among institutional holders.

22 top-rated funds 0 high-conviction
Consensus
5.9
/ 10
breadth
×
Elite
0.8
/ 10
conviction
Hedge Fund Positioning: ESRT
217 + Investors

Track Smart Money conviction in ESRT. See who's accumulating, reducing, or initiating positions.

Metric All 13F Filers (2026 Q1) Prior (2025 Q4) Change
Funds Holding 217 206 5.34%
13F Shares 142M 139M 2.21%
Total Value $665M $909M -26.86%
New Positions 41 25 +16
Increased Positions 79 71 +8
Closed Positions 30 33 -3
Reduced Positions 60 71 -11
Total Calls 1 0 100%
Total Puts 0 0 -
PUT/CALL Ratio 0.0 0.0 Bullish

Statistics: ESRT

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Valuation Measures Data as of: --

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PEG Ratio (5yr expected) --
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Price/Book (mrq) --
Enterprise Value/Revenue --
Enterprise Value/EBITDA --
Beta (5Y Monthly) --
Short Ratio (Days to Cover) --
Short % of Float --

Financial Highlights

Profitability
Profit Margin --
Return on Assets (ttm) --
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Income Statement & Cash Flow
Revenue (ttm) --
Net Income Avi to Common (ttm) --
Diluted EPS (ttm) --
Total Cash (mrq) --
Total Debt/Equity (mrq) --
Levered Free Cash Flow (ttm) --

Institutional Holders (2026 Q1)

217 + investors

Explore institutional interest and hedge fund ownership dynamics. Analyze portfolio weights, new positions, and conviction trends in ESRT. Verified SEC 13F-HR filings.

QUARTER:
Top 25 ESRT holders by conviction (% of portfolio weight) — 2026 Q1 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Waterfall Asset Management, LLC 2.08% 714,535 $3.7M
2 Lasalle Investment Management Securities LLC 1.86% 9,058,860 $47.1M
3 Southeastern Asset Management Inc/Tn/ 1.66% 6,473,317 $33.7M
4 NAN FUNG TRINITY (HK) Ltd 0.46% 801,300 $4.2M
5 SummitTX Capital, L.P. 0.23% 1,434,267 $7.5M
6 Centersquare Investment Management LLC 0.17% 3,251,772 $16.9M
7 Wolverine Asset Management LLC 0.09% 1,864,355 $9.7M
8 Vert Asset Management LLC 0.09% 56,073 $292K
9 Cbre Investment Management Listed Real Assets LLC 0.05% 687,840 $3.6M
10 Nebula Research & Development LLC 0.05% 74,463 $602K
11 William Blair Investment Management, LLC 0.05% 2,894,917 $15.1M
12 Leonteq Securities AG 0.05% 247,806 $1.3M
13 Inspire Investing, LLC 0.04% 98,778 $514K
14 Vanderbilt University 0.04% 37,351 $194K
15 Hanover Advisors Inc 0.03% 16,215 $84K
16 Benin Management CORP 0.03% 28,800 $150K
17 Westpac Banking Corp 0.03% 88,198 $459K
18 Carson Advisory Inc. 0.03% 10,500 $55K
19 Pinney & Scofield, INC. 0.03% 10,000 $52K
20 Heitman Real Estate Securities LLC 0.03% 74,134 $385K
21 Financial Council, LLC 0.02% 12,005 $62K
22 Abel Hall, LLC 0.02% 18,578 $97K
23 ExodusPoint Capital Management, LP 0.02% 473,503 $2.5M
24 Capital Investment Counsel, Inc 0.02% 29,075 $151K
25 Moody National Bank Trust Division 0.02% 35,602 $185K
Investor Ownership
History 		% of Portfolio Prev % Rank Conviction Avg Buy Price 13F Score™ 3Y / 7Y Sell Timing Shares Mkt Value Change Change % Source Quarter Filed

Frequently Asked Questions — Empire St Rlty Tr Inc (ESRT)

What does the Smart Money Trend signal show for ESRT?

Buying streak — 1 quarter in a row: For 1 consecutive quarter, more hedge funds added ESRT than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.

What is the institutional breadth score for ESRT?

Slight buying edge — 57% buying: Last quarter: 121 funds bought or added vs 91 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.

What is the fund quality score for ESRT holders?

Elite ownership — 40% AUM from top-100 funds: 47 of 218 holders are among the 100 largest funds by AUM, controlling 40% of total institutional value in ESRT. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.

How long have hedge funds held ESRT?

65% of holders stayed for 2+ years: 141 out of 218 hedge funds have held ESRT for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.

Is it too late to buy Empire St Rlty Tr Inc (ESRT) following the 2026 Q1 hedge fund 13F filings?

As of today, ESRT has moved -2.6% since the 2026 Q1 13F filing date (May 15, 2026), compared to +1.5% for the XLRE sector ETF — an outperformance of -4.1%. Since the quarter end (March 31, 2026), ESRT has gained +0.8% vs +7.4% for XLRE. The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference.

Where does this institutional ownership data come from?

All holdings data is sourced from SEC Form 13F filings, which institutional investment managers with over $100 million in assets are required to submit quarterly. Data is parsed directly from SEC EDGAR.

Disclaimer: The information on this page is for informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any security. Institutional holdings data is sourced from SEC Form 13F filings and reflects positions as of the filing date. Past performance of any fund or portfolio is not indicative of future results. 13Foresight is not a registered investment adviser. Always conduct your own due diligence before making investment decisions.

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