Equity Residential: 5 New Funds Buying Stock in Q3

Insiders are generally long-term investors due to restriction in making short-term profits. In contrast, wealth management institutions always have short-term investment. Wall St. Watchdog reveals information regarding the insiders and institutions which recently increased stock shares of Equity Residential (NYSE:EQR).

SEC data indicate that these institutions significantly increased their stock shares of Equity Residential in Q3 2011:

  • NORTHERN TRUST CO OF CONNECTICUT: On 06/30/2011, held 0 shares. On 09/30/2011, held 253,955 shares, worth $13,172,646.
  • PUBLIC EMPLOYEES RETIREMENT ASSOCIATION OF COLORADO: On 06/30/2011, held 0 shares. On 09/30/2011, held 244,446 shares, worth $12,679,414.
  • TEXAS PERMANENT SCHOOL FUND: On 06/30/2011, held 0 shares. On 09/30/2011, held 188,500 shares, worth $9,777,495.
  • DIAMONDBACK CAPITAL MANAGEMENT, LLC: On 06/30/2011, held 0 shares. On 09/30/2011, held 98,900 shares, worth $5,129,943.
  • LOS ANGELES CAPITAL MANAGEMENT & EQUITY RESEARCH INC: On 06/30/2011, held 0 shares. On 09/30/2011, held 85,818 shares, worth $4,451,380.

About the company: Equity Residential is a real estate investment trust. The trust acquires, develops, and manages apartment complexes in the United States.

Competitors to Watch: AvalonBay Communities, Inc. (NYSE:AVB), UDR, Inc. (NYSE:UDR), Apartment Investment and Management Co. (NYSE:AIV), Camden Property Trust (NYSE:CPT), BRE Properties, Inc. (NYSE:BRE), Mid-America Apartment (NYSE:MAA), Home Properties, Inc. (NYSE:HME), Post Properties, Inc. (NYSE:PPS), Colonial Properties Trust (NYSE:CLP), and Essex Property Trust, Inc. (NYSE:ESS).

(Note: Data regarding Equity Residential’s stock holdings are sourced from whalewisdom.com. All data are assumed to be accurate.)

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