ESRTNYSEReal Estate Investment TrustsFiscal year ends December 31
Empire State Realty Trust, Inc.
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Aug 6, 2026
$4.61−0.01 (-0.22%)
Close on Oct 19, 2026
- Market cap
- $1.24B
- P/E (TTM)
- –
- Dividend yield
- 3.04%
Ownership
Institutional holdings as of Jun 30, 2026, from 13F filings
Held by institutions
83.4%
144M of 172M shares
Institutional holders
228
38 new, 28 sold out
Net institutional buying
-1M
In Q2 2026
Insider trades, 12 months
0 buys · 0 sales
Open-market trades only
Shares held by institutions
Holders of more than 5%
Latest Schedule 13D (active) or 13G (passive) filed by each holder
| Holder | Shares | % of class | Filing | As of |
|---|---|---|---|---|
| Southeastern Asset Management, Inc. | 8,696,434 | 5.10% | 13G (passive) | Jun 30, 2026 |
| BlackRock, Inc. | 14,863,760 | 8.90% | 13G (passive) amendment | Mar 31, 2025 |
| Ameriprise Financial, Inc. | 14,485,533 | 8.40% | 13G (passive) amendment | Jun 30, 2026 |
| Lasalle Investment Management Securities LLC | 13,105,447 | 7.60% | 13G (passive) amendment | Jun 30, 2026 |
| Vanguard Portfolio Management | 12,411,296 | 7.28% | 13G (passive) | Mar 31, 2026 |
| Erez Asset Management LLC | 10,000,000 | 5.80% | 13D (active) | Oct 1, 2026 |
| UBS Group AG directly and on behalf of certain subsidiaries | – | – | 13G (passive) amendment | Dec 29, 2023 |
Top institutional holders
13F holdings as of Jun 30, 2026
| Holder | Shares | % of ESRT | Value | Change | % of portfolio |
|---|---|---|---|---|---|
| BlackRock, Inc. | 17,877,908 | 10.38% | $96.72M | +1,000,309 | 0.00% |
| Ameriprise Financial Inc | 14,485,533 | 8.41% | $78.37M | +1,920,642 | 0.02% |
| Lasalle Investment Management Securities LLC | 13,105,447 | 7.61% | $70.90M | +4,046,587 | 2.52% |
| Vanguard Portfolio Management LLC | 12,511,023 | 7.27% | $67.68M | +153,493 | 0.00% |
| Southeastern Asset Management Inc/Tn/ | 8,696,434 | 5.05% | $47.05M | +2,223,117 | 2.45% |
| Sumitomo Mitsui Trust Holdings, Inc. | 6,905,936 | 4.01% | $37.36M | +2,000,283 | 0.02% |
| Vanguard Capital Management LLC | 6,057,833 | 3.52% | $32.77M | +65,270 | 0.00% |
| State Street Corp | 6,006,793 | 3.49% | $32.50M | +6,840 | 0.00% |
| Geode Capital Management, LLC | 4,030,612 | 2.34% | $21.81M | +403,309 | 0.00% |
| Centersquare Investment Management LLC | 3,580,271 | 2.08% | $19.37M | +328,499 | 0.17% |
| Charles Schwab Investment Management Inc | 3,278,870 | 1.90% | $17.74M | +5,397 | 0.00% |
| Legal & General Group Plc | 3,184,307 | 1.85% | $17.23M | +281,804 | 0.00% |
| Marshall Wace, Llp | 3,094,792 | 1.80% | $16.74M | New | 0.01% |
| William Blair Investment Management, LLC | 2,282,352 | 1.33% | $12.35M | −612,565 | 0.04% |
| Goldman Sachs Group Inc | 1,956,667 | 1.14% | $10.59M | +447,266 | 0.00% |
| Northern Trust Corp | 1,605,025 | 0.93% | $8.68M | −876,661 | 0.00% |
| Dimensional Fund Advisors LP | 1,502,361 | 0.87% | $8.13M | −438,235 | 0.00% |
| Arrowstreet Capital, Limited Partnership | 1,390,189 | 0.81% | $7.52M | +31,859 | 0.00% |
| Morgan Stanley | 1,367,615 | 0.79% | $7.40M | +181,498 | 0.00% |
| Aqr Capital Management LLC | 1,226,987 | 0.71% | $6.64M | +1,027,701 | 0.00% |
Institutional buying and selling by quarter
Positions opened, added to, reduced and closed by 13F filers
| Quarter | Holders | Shares held | % of shares | New / added | Reduced / closed | Shares bought | Shares sold |
|---|---|---|---|---|---|---|---|
| Q2 2026 | 228 | 144M | 83.4% | 38 / 103 | 51 / 28 | 24M | 25M |
| Q1 2026 | 222 | 144M | 83.9% | 42 / 77 | 66 / 28 | 35M | 13M |
| Q4 2025 | 210 | 143M | 82.8% | 22 / 74 | 71 / 30 | 24M | 18M |
| Q3 2025 | 221 | 138M | 80.0% | 26 / 84 | 72 / 32 | 21M | 14M |
| Q2 2025 | 229 | 131M | 75.9% | 32 / 93 | 66 / 37 | 25M | 17M |
| Q1 2025 | 236 | 123M | 71.6% | 33 / 86 | 77 / 21 | 18M | 14M |
| Q4 2024 | 226 | 122M | 71.0% | 31 / 97 | 59 / 24 | 14M | 11M |
| Q3 2024 | 222 | 120M | 69.5% | 31 / 81 | 64 / 20 | 33M | 12M |
| Q2 2024 | 213 | 115M | 67.0% | 29 / 80 | 63 / 20 | 9M | 11M |
| Q1 2024 | 206 | 117M | 67.8% | 26 / 75 | 72 / 29 | 14M | 9M |
| Q4 2023 | 210 | 112M | 65.0% | 35 / 77 | 62 / 24 | 11M | 12M |
| Q3 2023 | 201 | 113M | 65.8% | 31 / 69 | 58 / 25 | 9M | 27M |
Top mutual fund and ETF holders
Latest monthly portfolio reports (Form N-PORT)
| Fund | Shares | % of ESRT | Value | % of fund | As of |
|---|---|---|---|---|---|
| Longleaf Partners Small Cap Fund | 8,682,360 | 5.04% | $46.97M | 7.29% | Jun 30, 2026 |
| Vanguard Real Estate Index Fund | 5,348,018 | 3.11% | $27.06M | 0.04% | Jul 31, 2026 |
| Vanguard Total Stock Market Index Fund | 4,307,525 | 2.50% | $23.30M | 0.00% | Jun 30, 2026 |
| iShares Russell 2000 ETF | 3,775,703 | 2.19% | $20.43M | 0.02% | Jun 30, 2026 |
| Vanguard Small-Cap Index Fund | 3,142,499 | 1.83% | $17.00M | 0.01% | Jun 30, 2026 |
| Vanguard Small-Cap Value Index Fund | 1,992,726 | 1.16% | $10.78M | 0.02% | Jun 30, 2026 |
| Columbia Small Cap Value Discovery Fund | 1,850,650 | 1.07% | $9.36M | 0.38% | Jul 31, 2026 |
| Vanguard Extended Market Index Fund | 1,594,487 | 0.93% | $8.63M | 0.01% | Jun 30, 2026 |
| Fidelity Small Cap Index Fund | 1,591,079 | 0.92% | $8.05M | 0.02% | Jul 31, 2026 |
| iShares Russell 2000 Value ETF | 1,275,562 | 0.74% | $6.90M | 0.05% | Jun 30, 2026 |
| William Blair Small Cap Value Fund | 1,067,774 | 0.62% | $5.78M | 0.55% | Jun 30, 2026 |
| Schwab U.S. REIT ETF | 985,427 | 0.57% | $5.65M | 0.06% | May 31, 2026 |
| Vanguard Real Estate Ii Index Fund | 938,671 | 0.55% | $4.75M | 0.04% | Jul 31, 2026 |
| First Trust Small Cap Core AlphaDEX Fund | 806,225 | 0.47% | $4.08M | 0.30% | Jul 31, 2026 |
| Schwab Fundamental U.S. Small Company ETF | 796,454 | 0.46% | $4.56M | 0.05% | May 31, 2026 |
Officers, directors and major owners
People who filed Forms 3, 4 or 5 in the last two years
| Name | Role | Shares owned | % of shares | Latest filing |
|---|---|---|---|---|
| Anthony E. Malkin | Chairman and CEO, Director | 671,894 | 0.39% | Mar 17, 2026 |
| Donna Jean Sutherland | Chief Accounting Officer | 6,252 | 0.00% | Mar 17, 2026 |
| Thomas P. Durels | EVP, Real Estate | 46,592 | 0.03% | Mar 17, 2026 |
| Christina Chiu | President | 0 | – | Mar 17, 2026 |
| Stephen Horn | EVP and CFO | – | – | Mar 17, 2026 |
| Patricia Han | Director | 0 | – | May 19, 2026 |
| Salvatore Michael Giliberto | Director | 3,500 | 0.00% | May 19, 2026 |
| George L.W. Malkin | Director | 0 | – | May 19, 2026 |
| Robert Paige Hood | Director | 0 | – | May 19, 2026 |
| Grant Hill | Director | 0 | – | May 19, 2026 |
| Tassell Christina Van | Director | 0 | – | May 19, 2026 |
| Steven J. Gilbert | Director | 20,000 | 0.01% | May 19, 2026 |
| James D. Robinson IV | Director | – | – | May 19, 2026 |
| Hannah Y. Yang | Director | 0 | – | May 19, 2026 |
Insider trades
Common stock transactions reported on Form 4, newest first
| Insider | Date | Transaction | Shares | Price | Value | Shares after |
|---|---|---|---|---|---|---|
| Donna Jean Sutherland Chief Accounting Officer | Mar 13, 2026 | Award | +11,584 | – | – | 17,836 |
| Thomas P. Durels EVP, Real Estate | Mar 24, 2025 | Sale | −11,843 | $8.02 | $94.98K | 44,185 |
| Thomas P. Durels EVP, Real Estate | Mar 21, 2025 | Sale | −5,779 | $8.03 | $46.41K | 56,028 |
| Thomas P. Durels EVP, Real Estate | Mar 20, 2025 | Sale | −12,500 | $8.15 | $101.88K | 61,807 |
| Thomas P. Durels EVP, Real Estate | Mar 19, 2025 | Sale | −12,500 | $8.11 | $101.38K | 74,307 |
| Thomas P. Durels EVP, Real Estate | Dec 24, 2024 | Sale | −10,000 | $10.10 | $101.00K | 86,807 |
| Thomas P. Durels EVP, Real Estate | Dec 18, 2024 | Sale | −3,193 | $10.90 | $34.80K | 96,807 |
| Thomas P. Durels EVP, Real Estate | Dec 17, 2024 | Conversion | +100,000 | – | – | 100,000 |
| David A. Karp EVP & CFO | Jul 30, 2018 | Buy | +4,500 | $16.19 | $72.86K | 5,500 |
| Investment Authority Qatar 10% owner | May 31, 2018 | Buy | +284,015 | $16.72 | $4.75M | 29,894,869 |
| David A. Karp EVP and CFO | Mar 9, 2018 | Buy | +1,000 | $16.65 | $16.65K | 1,000 |
| Salvatore Michael Giliberto Director | Mar 5, 2018 | Buy | +1,000 | $16.83 | $16.83K | 3,500 |
| Anthony E. Malkin Chairman and CEO, Director | Dec 4, 2017 | Sale | −497,265 | $20.45 | $10.17M | 9,485 |
| Anthony E. Malkin Chairman and CEO, Director | Dec 4, 2017 | Sale | −745,898 | $20.45 | $15.25M | 0 |
| Anthony E. Malkin Chairman and CEO, Director | Dec 4, 2017 | Conversion | +9,945 | – | – | 506,750 |
| Anthony E. Malkin Chairman and CEO, Director | Dec 4, 2017 | Conversion | +487,320 | – | – | 496,805 |
| Anthony E. Malkin Chairman and CEO, Director | Dec 4, 2017 | Conversion | +79 | – | – | 9,485 |
| Anthony E. Malkin Chairman and CEO, Director | Dec 4, 2017 | Conversion | +11,790 | – | – | 745,898 |
| Anthony E. Malkin Chairman and CEO, Director | Dec 4, 2017 | Conversion | +577,692 | – | – | 734,108 |
| Anthony E. Malkin Chairman and CEO, Director | Dec 4, 2017 | Conversion | +156,416 | – | – | 156,416 |
| REIT Holding LLC Q 10% owner | Sep 25, 2017 | Other | −29,610,854 | – | – | 0 |
| Anthony E. Malkin Chairman and CEO, Director | Dec 15, 2016 | Gift | −200,883 | – | – | 0 |
| Salvatore Michael Giliberto Director | Feb 26, 2016 | Buy | +1,000 | $15.94 | $15.94K | 2,500 |
| Alice Connell Director | Aug 25, 2014 | Buy | +1,205 | $16.61 | $20.02K | 1,205 |
| Anthony E. Malkin CEO and President, Director | Jul 15, 2014 | Award | +3,680 | – | – | 51,197 |
| Anthony E. Malkin CEO and President, Director | Jul 15, 2014 | Award | +75,691 | – | – | 608,972 |
| Anthony E. Malkin CEO and President, Director | Oct 7, 2013 | Award | +47,517 | – | – | 47,517 |
| Anthony E. Malkin CEO and President, Director | Oct 7, 2013 | Award | +533,281 | – | – | 533,281 |
| William H. Berkman Director | Oct 7, 2013 | Award | +25,000 | $13.00 | $325.00K | 25,000 |
| Salvatore Michael Giliberto Director | Oct 7, 2013 | Award | +1,500 | $13.00 | $19.50K | 1,500 |
| Lawrence E. Golub Director | Oct 7, 2013 | Award | +130,000 | $13.00 | $1.69M | 130,000 |
| Anthony E. Malkin CEO and President, Director | Oct 7, 2013 | Award | +200,883 | – | – | 200,883 |
| Anthony E. Malkin CEO and President, Director | Oct 7, 2013 | Award | +5,297 | – | – | 5,297 |
| Anthony E. Malkin CEO and President, Director | Oct 7, 2013 | Award | +9,406 | – | – | 9,406 |
| Anthony E. Malkin CEO and President, Director | Oct 7, 2013 | Award | +47,520 | – | – | 47,520 |
| Anthony E. Malkin CEO and President, Director | Oct 7, 2013 | Award | +533,765 | – | – | 533,765 |
| Anthony E. Malkin CEO and President, Director | Oct 7, 2013 | Returned to company | −1,000 | – | – | 0 |
| Steven J. Gilbert Director | Oct 7, 2013 | Award | +20,000 | $13.00 | $260.00K | 20,000 |
| Thomas P. Durels See Remarks | Oct 7, 2013 | Award | +2,407 | – | – | 2,407 |
Awards, option exercises, tax withholding and gifts are shown alongside open-market buys and sales. Each name links to the filing on SEC EDGAR.
Planned insider sales
Notices of proposed sale filed on Form 144 before shares are sold
| Seller | Filed | Shares | Market value | Planned sale | Acquired through |
|---|---|---|---|---|---|
| Thomas P. Durels Officer | Mar 24, 2025 | 11,843 | $94.97K | Mar 24, 2025 | Restricted Stock Vesting |
| Thomas P. Durels Officer | Mar 21, 2025 | 5,779 | $46.39K | Mar 21, 2025 | Restricted Stock Vesting |
| Thomas P. Durels Officer | Mar 20, 2025 | 12,500 | $101.81K | Mar 20, 2025 | Restricted Stock Vesting |
| Thomas P. Durels Officer | Mar 19, 2025 | 12,500 | $101.41K | Mar 19, 2025 | Restricted Stock Vesting |
| Thomas P. Durels Officer | Dec 26, 2024 | 10,000 | $101.02K | Dec 24, 2024 | Restricted Stock Vesting |
| Thomas P. Durels Officer | Dec 18, 2024 | 3,193 | $34.80K | Dec 18, 2024 | Restricted Stock Vesting |