Equity Lifestyle Properties

ELS • NYSE

Equity Lifestyle Properties is a reit - residential company in the real estate sector on NYSE, led by Marguerite Nader, with a market cap of $12.0B. As of Q3 2025, 101% of shares are held by 480 institutional investors, with VANGUARD GROUP INC as the largest holder at 12.84%.

CEOMarguerite Nader

Market Cap$12.0B

REIT - Residential

Real Estate

Employees4.0K

Websiteequitylifestyleproperties.com

Country

United States of America

Overview

Overview of institutional ownership in ELS as of Q3 2025 with a market cap of $11.8B

All Institutions

Institutions: 480
Value Held: $11.9B
Shares Held: 196.6M
Avg Position: $24.9M
Median Position: $1.1M

Hedge Funds

Hedge Funds: 41
Value Held: $506.2M
Shares Held: 8.3M
Avg Position: $12.3M
Median Position: $3.7M

Ownership Breakdown

Institutional (non-HF)

97.17%

$11.4B

Hedge Funds

4.3%

$506.2M

Retail & Other

Based on market cap of $11.8B as of Q3 2025. Institutional (non-HF) excludes hedge funds to avoid double counting.

Biggest Investors

Institutions with the largest positions in ELS as of Q3 2025

Institution	Key People	Position Value	Ownership	Owned Since	Total AUM (Long)
VANGUARD GROUP INC Institution	Salim Ramji CEO	$1.5B 0.02% of portfolio	12.84% 24.9M shares	≤ Q2 2013 Held for 12y 5m+	$6.69T
B BlackRock, Inc. Institution	-	$1.5B 0.03% of portfolio	12.63% 24.5M shares	≤ Q2 2013 Held for 12y 5m+	$5.67T
STATE STREET CORP Institution	Ronald P. O'Hanley CEO	$811.7M 0.03% of portfolio	6.84% 13.3M shares	≤ Q2 2013 Held for 12y 5m+	$2.88T
Aristotle Capital Management, LLC Long Only Manager	Howard Roy Gleicher CEO	$569.8M 1.20% of portfolio	4.84% 9.4M shares	Q2 2018 Held for 7y 5m	$47.4B
COHEN & STEERS INC Institution	Joseph M. Harvey CEO	$507.9M 0.93% of portfolio	4.32% 8.4M shares	Q2 2024 Held for 1y 5m	$54.7B
PRINCIPAL FINANCIAL GROUP INC Institution	Deanna Strable CEO	$416.1M 0.21% of portfolio	3.54% 6.9M shares	Q3 2013 Held for 12y 2m	$197.71B
VICTORY CAPITAL MANAGEMENT INC Long Only Manager	David Craig Brown CEO	$414.2M 0.26% of portfolio	3.52% 6.8M shares	Q3 2019 Held for 6y 2m	$158.22B
MASSACHUSETTS FINANCIAL SERVICES CO /MA/ Long Only Manager	Edward Murray Maloney CEO	$326.3M 0.10% of portfolio	2.77% 5.4M shares	≤ Q2 2013 Held for 12y 5m+	$322.72B
GEODE CAPITAL MANAGEMENT LLC ETF Provider	David Kenneth Lane CEO	$279.4M 0.02% of portfolio	2.38% 4.6M shares	≤ Q2 2013 Held for 12y 5m+	$1.57T
PRICE T ROWE ASSOCIATES INC /MD/ Long Only Manager	Robert W Sharps President	$239.7M 0.03% of portfolio	2.04% 3.9M shares	≤ Q2 2013 Held for 12y 5m+	$912.31B

Net Capital Flow

Institutional buying and selling activity for ELS in Q3 2025

Traded: +$651.6M
Buyers: 240
Sellers: 247
Total Bought: +$1.6B
Total Sold: −$986.4M
Avg Position: $21.6M

Biggest Buyers

Institution	Net Bought	Current Position
COHEN & STEERS INC Institution	+$446.1M +7.3M shares	$507.9M 8.4M shares
MASSACHUSETTS FINANCIAL SERVICES CO /MA/ Long Only Manager	+$174.1M +2.9M shares	$326.3M 5.4M shares
D Daiwa Securities Group Inc. Institution	+$137.0M +2.3M shares	$191.0M 3.1M shares
CENTERSQUARE INVESTMENT MANAGEMENT LLC Real Assets	+$114.5M +1.9M shares	$119.2M 2.0M shares
VICTORY CAPITAL MANAGEMENT INC Long Only Manager	+$101.6M +1.7M shares	$414.2M 6.8M shares
LASALLE INVESTMENT MANAGEMENT SECURITIES LP Real Assets	+$50.8M +837.1K shares	$50.8M 837.1K shares
Schonfeld Strategic Advisors LLC Hedge Fund•Multi-Strategy	+$42.2M +694.6K shares	$43.5M 716.0K shares
M MILLER HOWARD INVESTMENTS INC /NY Long Only Manager	+$40.0M +658.5K shares	$40.0M 658.5K shares
UBS Group AG Institution	+$39.0M +643.3K shares	$136.7M 2.3M shares
Resolution Capital Ltd Real Assets	+$38.9M +640.2K shares	$136.8M 2.3M shares

Biggest Sellers

Institution	Net Sold	Current Position
Invesco Ltd. ETF Provider	−$121.1M −2.0M shares	$45.3M 746.7K shares
C CHAI TRUST CO LLC Institution	−$91.4M −1.5M shares	$45.9M 756.4K shares
JPMORGAN CHASE & CO Institution	−$64.2M −1.1M shares	$222.5M 3.7M shares
Q Qube Research & Technologies Ltd Institution	−$58.6M −964.9K shares	$46.0M 757.2K shares
AQR CAPITAL MANAGEMENT LLC Hedge Fund•Multi-Strategy	−$53.4M −879.7K shares	$10.0M 165.1K shares
FMR LLC Institution	−$36.0M −593.3K shares	$74.6M 1.2M shares
H HEITMAN REAL ESTATE SECURITIES LLC Real Assets	−$35.0M −567.9K shares	Sold Off 0 shares
BANK OF MONTREAL /CAN/ Institution	−$33.6M −553.9K shares	$9.6M 158.0K shares
Aristotle Capital Management, LLC Long Only Manager	−$32.2M −530.6K shares	$569.8M 9.4M shares
CBRE CLARION SECURITIES LLC Real Assets	−$28.6M −464.3K shares	Sold Off 0 shares

Entry and Exit Activity

Institutions that initiated new positions or completely exited ELS in Q3 2025

New Positions: 18
New Value: $48.7M
Exited Positions: 73
Exited Value: $192.2M

New Positions

Institution	Position Value
M MILLER HOWARD INVESTMENTS INC /NY Long Only Manager	$40.0M 658.5K shares
Argosy-Lionbridge Management, LLC Hedge Fund•Long/Short	$3.7M 61.0K shares
SummitTX Capital, L.P. Hedge Fund•Multi-Strategy	$2.7M 44.9K shares
I Ilmarinen Mutual Pension Insurance Co Institution	$1.5M 25.0K shares
Q QSV Equity Investors LLC Institution	$332.2K 5.5K shares
First Heartland Consultants, Inc. RIA/Wealth	$236.6K 3.9K shares
P Polymer Capital Management LTD Hedge Fund•Multi-Strategy	$205.0K 3.4K shares
Sontag Advisory, LLC RIA/Wealth	$22.5K 371.0 shares
C COUNTRY TRUST BANK Institution	$3.0K 50.0 shares
R Rossby Financial, LCC RIA/Wealth	$1.3K 22.0 shares

Exited Positions

Institution	Previous Position
H HEITMAN REAL ESTATE SECURITIES LLC Real Assets	$35.0M 567.9K shares
CBRE CLARION SECURITIES LLC Real Assets	$28.6M 464.3K shares
JUPITER ASSET MANAGEMENT LTD Long Only Manager	$21.1M 341.9K shares
F Freestone Grove Partners LP Hedge Fund•Multi-Strategy	$15.8M 255.6K shares
WESTWOOD HOLDINGS GROUP INC Institution	$14.1M 229.1K shares
E EVENTIDE ASSET MANAGEMENT, LLC Long Only Manager	$9.0M 145.4K shares
T TEXAS PERMANENT SCHOOL FUND Institution	$5.4M 88.3K shares
Y Y-Intercept Ltd Institution	$5.2M 84.1K shares
J JANE STREET GROUP, LLC Institution	$4.3M 69.6K shares
Horizon Investments, LLC/SC Long Only Manager	$4.2M 68.7K shares

Options Activity

Institutions with the largest Call and Put options positions in ELS as of Q3 2025

Call Positions: 2
Call Value: $11.7M
Put Positions: 1
Put Value: $327.8K

Call Positions

Institution	Position Value
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	$11.3M 1.9K contracts
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	$376.3K 62.0 contracts

Put Positions

Institution	Position Value
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	$327.8K 54.0 contracts

Most Committed Institutions

Institutions with ELS as the highest % of their portfolio as of Q3 2025

Institution	Key People	Portfolio Weight	Ownership	Owned Since	Total AUM (Long)
LDR Capital Management LLC Hedge Fund•Sector	Lawrence David Raiman CIO	7.57% $2.8M	0.02% 45.8K shares	Q1 2025 Held for 8 months	$36.7M
F Fore Capital, LLC Institution	-	4.90% $1.9M	0.02% 31.9K shares	Q4 2024 Held for 11 months	$39.6M
Hunter Perkins Capital Management, LLC Long Only Manager	Alec Hunter Perkins CEO	4.74% $20.6M	0.18% 339.7K shares	Q2 2020 Held for 5y 5m	$435.0M
Seven Post Investment Office LP Family Office	Eric Matthew Allbin Managing Partner	4.23% $11.7M	0.10% 193.3K shares	Q1 2020 Held for 5y 8m	$277.6M
S Sophron Capital Management L.P. Hedge Fund•Long/Short	George Michael Maslovsky CEO	4.06% $13.2M	0.11% 216.9K shares	Q4 2024 Held for 11 months	$324.6M
C CHAI TRUST CO LLC Institution	-	3.04% $45.9M	0.39% 756.4K shares	Q4 2016 Held for 8y 11m	$1.5B
PRING TURNER CAPITAL GROUP INC RIA/Wealth	Thomas John Kopas CEO	2.74% $4.5M	0.04% 73.9K shares	Q4 2021 Held for 3y 11m	$163.8M
Resolution Capital Ltd Real Assets	Sonia Luton Managing Partner	2.66% $136.8M	1.16% 2.3M shares	Q4 2011 Held for 13y 11m	$5.1B
A Adelante Capital Management LLC Real Assets	Michael Anthony Torres CEO	2.57% $38.5M	0.33% 634.1K shares	Q1 2020 Held for 5y 8m	$1.5B
Green Street Investors, LLC Real Assets	Craig Arthur Leupold CEO	2.52% $4.5M	0.04% 73.5K shares	Q1 2024 Held for 1y 8m	$177.0M

Hedge Fund Spotlight

Discover hedge funds investing in ELS

RENAISSANCE TECHNOLOGIES LLC

Hedge Fund • Quant

Portfolio ManagerPeter Fitzhugh Brown

Portfolio Value: $75.8B
Positions: 3,419
Last Reported: Q3 2025

Sector Allocation

Position in Equity Lifestyle Properties

Market Value: $30.2M
Shares Held: 497.3K
Portfolio Weight: 0.04%
Owned Since: 2014-Q2

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