Equity Residential

EQR • NYSE

Equity Residential is a reit - residential company in the real estate sector on NYSE, led by David J. Neithercut, with a market cap of $23.2B. As of Q3 2025, 84% of shares are held by 662 institutional investors, with VANGUARD GROUP INC as the largest holder at 15.08%.

CEODavid J. Neithercut

Market Cap$23.2B

REIT - Residential

Real Estate

Employees2.4K

Websiteequityapartments.com

Country

United States of America

Overview

Overview of institutional ownership in EQR as of Q3 2025 with a market cap of $24.7B

All Institutions

Institutions: 662
Value Held: $20.9B
Shares Held: 322.6M
Avg Position: $31.5M
Median Position: $679.2K

Hedge Funds

Hedge Funds: 47
Value Held: $475.9M
Shares Held: 7.4M
Avg Position: $10.1M
Median Position: $1.7M

Ownership Breakdown

Institutional (non-HF)

82.53%

$20.4B

Hedge Funds

1.93%

$475.9M

Retail & Other

15.54%

$3.8B

Based on market cap of $24.7B as of Q3 2025. Institutional (non-HF) excludes hedge funds to avoid double counting.

Biggest Investors

Institutions with the largest positions in EQR as of Q3 2025

Institution	Key People	Position Value	Ownership	Owned Since	Total AUM (Long)
VANGUARD GROUP INC Institution	Salim Ramji CEO	$3.7B 0.06% of portfolio	15.08% 57.6M shares	≤ Q2 2013 Held for 12y 5m+	$6.69T
B BlackRock, Inc. Institution	-	$2.5B 0.04% of portfolio	10.22% 39.0M shares	≤ Q2 2013 Held for 12y 5m+	$5.67T
STATE STREET CORP Institution	Ronald P. O'Hanley CEO	$1.6B 0.06% of portfolio	6.53% 24.9M shares	≤ Q2 2013 Held for 12y 5m+	$2.88T
PRICE T ROWE ASSOCIATES INC /MD/ Long Only Manager	Robert W Sharps President	$1.3B 0.14% of portfolio	5.20% 19.9M shares	≤ Q2 2013 Held for 12y 5m+	$912.31B
A APG Asset Management US Inc. Pension/Endowment	Matilde Segarra Van Es CEO	$727.3M 5.37% of portfolio	2.97% 11.3M shares	≤ Q2 2013 Held for 12y 5m+	$13.5B
GEODE CAPITAL MANAGEMENT LLC ETF Provider	David Kenneth Lane CEO	$654.1M 0.04% of portfolio	2.66% 10.1M shares	≤ Q2 2013 Held for 12y 5m+	$1.57T
F First Eagle Investment Management, LLC Long Only Manager	Mehdi Asif Mahmud CEO	$595.4M 1.09% of portfolio	2.41% 9.2M shares	Q1 2020 Held for 5y 8m	$54.9B
FMR LLC Institution	-	$505.6M 0.03% of portfolio	2.05% 7.8M shares	≤ Q2 2013 Held for 12y 5m+	$1.92T
PRINCIPAL FINANCIAL GROUP INC Institution	Deanna Strable CEO	$436.2M 0.22% of portfolio	1.76% 6.7M shares	≤ Q2 2013 Held for 12y 5m+	$197.71B
NORTHERN TRUST CORP Institution	Michael G. O'Grady CEO	$403.4M 0.05% of portfolio	1.63% 6.2M shares	≤ Q2 2013 Held for 12y 5m+	$782.01B

Net Capital Flow

Institutional buying and selling activity for EQR in Q3 2025

Traded: +$458.7M
Buyers: 353
Sellers: 282
Total Bought: +$1.5B
Total Sold: −$1.0B
Avg Position: $27.9M

Biggest Buyers

Institution	Net Bought	Current Position
UBS GLOBAL ASSET MANAGEMENT AMERICAS INC Long Only Manager	+$261.5M +4.0M shares	$291.3M 4.5M shares
COHEN & STEERS INC Institution	+$146.3M +2.3M shares	$146.3M 2.3M shares
WELLINGTON MANAGEMENT CO LLP Long Only Manager	+$119.9M +1.9M shares	$135.0M 2.1M shares
A Alyeska Investment Group, L.P. Hedge Fund•Multi-Strategy	+$101.1M +1.6M shares	$129.6M 2.0M shares
VANGUARD GROUP INC Institution	+$82.9M +1.3M shares	$3.7B 57.6M shares
Woodline Partners LP Hedge Fund•Long/Short	+$67.1M +1.0M shares	$69.5M 1.1M shares
GOLDMAN SACHS GROUP INC Institution	+$48.6M +750.7K shares	$158.8M 2.5M shares
STATE STREET CORP Institution	+$45.1M +688.9K shares	$1.6B 24.9M shares
UBS Group AG Institution	+$41.0M +634.1K shares	$186.9M 2.9M shares
F FIL Ltd Institution	+$32.3M +499.3K shares	$38.3M 591.9K shares

Biggest Sellers

Institution	Net Sold	Current Position
Invesco Ltd. ETF Provider	−$128.7M −2.0M shares	$390.4M 6.0M shares
Resolution Capital Ltd Real Assets	−$124.1M −1.9M shares	$204.5M 3.2M shares
CENTERSQUARE INVESTMENT MANAGEMENT LLC Real Assets	−$93.9M −1.5M shares	$173.9M 2.7M shares
GRS Advisors, LLC Real Assets	−$70.6M −1.0M shares	Sold Off 0 shares
PRUDENTIAL FINANCIAL INC Institution	−$66.6M −1.0M shares	$56.9M 879.4K shares
PRICE T ROWE ASSOCIATES INC /MD/ Long Only Manager	−$60.1M −927.7K shares	$1.3B 19.9M shares
M MACQUARIE GROUP LTD Institution	−$36.1M −557.8K shares	$155.9M 2.4M shares
H HEITMAN REAL ESTATE SECURITIES LLC Real Assets	−$27.6M −426.2K shares	$22.9M 353.1K shares
PANAGORA ASSET MANAGEMENT INC Hedge Fund•Quant	−$24.9M −385.3K shares	$18.9M 291.4K shares
JPMORGAN CHASE & CO Institution	−$22.9M −353.8K shares	$187.0M 2.9M shares

Entry and Exit Activity

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

New Positions: 32
New Value: $9.3M
Exited Positions: 82
Exited Value: $168.7M

New Positions

Institution	Position Value
Strategic Global Advisors, LLC Long Only Manager	$2.9M 45.1K shares
LANDMARK INVESTMENT PARTNERS, L.P. Hedge Fund•Long/Short	$2.2M 33.6K shares
FJ Capital Management LLC Hedge Fund•Long/Short	$1.2M 17.9K shares
Catalytic Wealth RIA, LLC RIA/Wealth	$506.8K 7.8K shares
Vestmark Advisory Solutions, Inc. Fund of Funds	$476.7K 7.4K shares
T TEMA ETFS LLC Institution	$361.5K 5.6K shares
ARMISTICE CAPITAL, LLC Hedge Fund•Long/Short	$331.4K 5.1K shares
NorthRock Partners, LLC RIA/Wealth	$281.9K 4.4K shares
P Plato Investment Management Ltd Institution	$272.1K 4.2K shares
Savant Capital, LLC RIA/Wealth	$269.7K 4.2K shares

Exited Positions

Institution	Previous Position
GRS Advisors, LLC Real Assets	$70.6M 1.0M shares
E Employees Retirement System of Texas Institution	$13.3M 196.6K shares
A Achmea Investment Management B.V. Institution	$7.1M 105.6K shares
Marshall Wace LLP Institution	$6.9M 102.9K shares
CONTRAVISORY INVESTMENT MANAGEMENT, INC. Long Only Manager	$6.5M 96.7K shares
C Coronation Fund Managers Ltd. Institution	$6.4M 95.5K shares
ExodusPoint Capital Management, LP Hedge Fund•Multi-Strategy	$6.4M 94.2K shares
Land & Buildings Investment Management, LLC Hedge Fund•Activist	$5.8M 85.7K shares
T TCW GROUP INC Institution	$4.2M 62.1K shares
F FJARDE AP-FONDEN /FOURTH SWEDISH NATIONAL PENSION FUND Institution	$3.9M 57.8K shares

Options Activity

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

Call Positions: 12
Call Value: $30.2M
Put Positions: 12
Put Value: $25.2M

Call Positions

Institution	Position Value
LANDMARK INVESTMENT PARTNERS, L.P. Hedge Fund•Long/Short	$7.9M 1.2K contracts
Walleye Trading LLC RIA/Wealth	$7.4M 1.1K contracts
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	$5.5M 846.0 contracts
J JANE STREET GROUP, LLC Institution	$3.0M 463.0 contracts
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	$2.8M 436.0 contracts
H HSBC HOLDINGS PLC Institution	$1.4M 212.0 contracts
CAPITAL FUND MANAGEMENT S.A. Hedge Fund•Quant Macro	$1.0M 156.0 contracts
TUDOR INVESTMENT CORP ET AL Hedge Fund•Multi-Strategy	$763.8K 118.0 contracts
W WOLVERINE TRADING, LLC Institution	$461.7K 72.0 contracts
T Twin Tree Management, LP Hedge Fund•Vol Arbitrage	- - contracts

Put Positions

Institution	Position Value
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	$9.0M 1.4K contracts
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	$5.0M 772.0 contracts
J JANE STREET GROUP, LLC Institution	$3.6M 557.0 contracts
P PEAK6 LLC Institution	$2.5M 384.0 contracts
CAPITAL FUND MANAGEMENT S.A. Hedge Fund•Quant Macro	$1.1M 163.0 contracts
W WOLVERINE TRADING, LLC Institution	$923.3K 144.0 contracts
UBS Group AG Institution	$841.5K 130.0 contracts
BANK OF MONTREAL /CAN/ Institution	$712.0K 110.0 contracts
CAPSTONE INVESTMENT ADVISORS, LLC Hedge Fund•Multi-Strategy	$537.3K 83.0 contracts
TUDOR INVESTMENT CORP ET AL Hedge Fund•Multi-Strategy	$524.3K 81.0 contracts

Most Committed Institutions

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

Institution	Key People	Portfolio Weight	Ownership	Owned Since	Total AUM (Long)
S Starwood Capital Group Management, L.L.C. Institution	-	14.25% $25.1M	0.10% 388.4K shares	Q3 2024 Held for 1y 2m	$176.4M
Masterton Capital Management, LP Hedge Fund•Long/Short	Stephen Michael Mykijewycz CEO	10.89% $19.9M	0.08% 306.8K shares	Q3 2023 Held for 2y 2m	$182.4M
Seven Post Investment Office LP Family Office	Eric Matthew Allbin Managing Partner	7.49% $20.8M	0.08% 321.3K shares	Q1 2020 Held for 5y 8m	$277.6M
Presima Inc. Real Assets	Marc-Andre Nmn Flageole CEO	5.55% $20.2M	0.08% 312.3K shares	≤ Q2 2013 Held for 12y 5m+	$363.9M
Timbercreek Asset Management Ltd. Real Assets	Samuel Joshua Sahn Managing Partner	5.45% $29.0M	0.12% 447.3K shares	Q4 2024 Held for 11 months	$530.9M
A APG Asset Management US Inc. Pension/Endowment	Matilde Segarra Van Es CEO	5.37% $727.3M	2.97% 11.3M shares	≤ Q2 2013 Held for 12y 5m+	$13.5B
HGI Capital Management, LLC Hedge Fund•Sector	Jordan Eric Slone CEO	4.47% $1.6M	0.01% 25.1K shares	Q3 2022 Held for 3y 2m	$36.4M
C CHAI TRUST CO LLC Institution	-	4.00% $60.6M	0.24% 935.5K shares	Q4 2016 Held for 8y 11m	$1.5B
Resolution Capital Ltd Real Assets	Sonia Luton Managing Partner	3.98% $204.5M	0.83% 3.2M shares	Q3 2015 Held for 10y 2m	$5.1B
A Adelante Capital Management LLC Real Assets	Michael Anthony Torres CEO	3.80% $56.8M	0.23% 878.3K shares	≤ Q2 2013 Held for 12y 5m+	$1.5B

Hedge Fund Spotlight

Discover hedge funds investing in EQR

Masterton Capital Management, LP

Hedge Fund • Long/Short

Portfolio ManagerStephen Michael Mykijewycz

Portfolio Value: $182.4M
Positions: 21
Last Reported: Q3 2025

Sector Allocation

Position in Equity Residential

Market Value: $19.9M
Shares Held: 306.8K
Portfolio Weight: 10.89%
Owned Since: 2023-Q3

Top Holding	Sector	Market Value	Weight
1 Federal Realty FRT	REIT - Retail Real Estate	$24.9M	13.64%
2 Equity Residential EQR	REIT - Residential Real Estate	$19.9M	10.89%
3 Public Storage PSA	REIT - Industrial Real Estate	$15.8M	8.68%