EQUITY LIFESTYLE PPTYS INC ELS
COM · REIT · CUSIP 29472R108 · ISIN US29472R1086
- SectorReal estate
- IndustryReal Estate Investment Trusts
- HeadquartersChicago, IL
- FilingsSEC EDGAR
* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once ($54.7m this quarter). Holder counts are more reliable. Shares outstanding: 194.1m as of 2026-07-22, from the company's own SEC filing; the percentage can still exceed 100%: lent-out shares are counted by the lender and the buyer, and some reports overlap without saying so. Implied quarter-end price ≈ $64.50. Options: 8 managers hold calls ($11.3m notional), 7 hold puts ($7.9m).
Trends to Q2 2026
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 418 |
| Q4 2022 | 407 |
| Q1 2023 | 420 |
| Q2 2023 | 419 |
| Q3 2023 | 431 |
| Q4 2023 | 449 |
| Q1 2024 | 460 |
| Q2 2024 | 479 |
| Q3 2024 | 491 |
| Q4 2024 | 501 |
| Q1 2025 | 530 |
| Q2 2025 | 519 |
| Q3 2025 | 496 |
| Q4 2025 | 502 |
| Q1 2026 | 496 |
| Q2 2026 | 477 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q3 2024 | 241 | 218 |
| Q4 2024 | 240 | 226 |
| Q1 2025 | 281 | 228 |
| Q2 2025 | 285 | 240 |
| Q3 2025 | 241 | 252 |
| Q4 2025 | 220 | 247 |
| Q1 2026 | 244 | 249 |
| Q2 2026 | 213 | 257 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2025 | $11.8m | $400.1k | 0.03 |
| Q4 2025 | $24.3m | $830.4k | 0.03 |
| Q1 2026 | $10.2m | $1.0m | 0.10 |
| Q2 2026 | $11.3m | $7.9m | 0.70 |
Biggest buyers
| COHEN & STEERS, INC. | Added | +3.9m |
| Invesco Ltd. | Added | +2.0m |
| PRINCIPAL FINANCIAL GROUP INC | Added | +1.1m |
| CENTERSQUARE INVESTMENT MANAGEMENT LLC | Added | +946.2k |
| Resolution Capital Ltd | Added | +623.4k |
| CITADEL ADVISORS LLC | Added | +618.0k |
| VANGUARD PORTFOLIO MANAGEMENT LLC | Added | +578.2k |
| BlackRock, Inc. | Added | +562.8k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | Added | +502.3k |
| PRICE T ROWE ASSOCIATES INC /MD/ | Added | +441.5k |
Biggest sellers
| JPMORGAN CHASE & CO | Reduced | -1.7m |
| Nuveen, LLC | Reduced | -1.0m |
| MILLENNIUM MANAGEMENT LLC | Reduced | -1.0m |
| JANE STREET GROUP, LLC | Sold out | -888.2k |
| TWO SIGMA INVESTMENTS, LP | Reduced | -825.2k |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ | Reduced | -808.8k |
| CANADA PENSION PLAN INVESTMENT BOARD | Reduced | -582.5k |
| Aristotle Capital Management, LLC | Reduced | -435.2k |
| Qube Research & Technologies Ltd | Sold out | -405.1k |
| FRANKLIN RESOURCES INC | Reduced | -322.0k |
Biggest calls
| LANDMARK INVESTMENT PARTNERS, L.P. | New | $4.4m69.0k shares |
| GOLDMAN SACHS GROUP INC | New | $2.4m37.5k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $2.3m35.4k shares |
| GROUP ONE TRADING LLC | Unchanged | $612.3k9.5k shares |
| CITADEL ADVISORS LLC | New | $612.3k9.5k shares |
| IMC-Chicago, LLC | New | $522.0k8.1k shares |
| SIG BROKERAGE, LP | New | $483.4k7.5k shares |
| SIMPLEX TRADING, LLC | Reduced | $12.9k200 shares |
Biggest puts
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $4.3m67.1k shares |
| GOLDMAN SACHS GROUP INC | New | $1.6m25.0k shares |
| JANE STREET GROUP, LLC | New | $779.8k12.1k shares |
| CITADEL ADVISORS LLC | New | $438.3k6.8k shares |
| IMC-Chicago, LLC | New | $328.7k5.1k shares |
| SIG BROKERAGE, LP | New | $322.2k5.0k shares |
| SIMPLEX TRADING, LLC | Added | $103.1k1.6k shares |
Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.
Major shareholders (over 5%)
Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.
| Holder | Stake |
|---|---|
| PRICE T ROWE ASSOCIATES INC /MD/ 13G · institution +1.0 pts · filed 2026-05-15 | 9.2% |
| VANGUARD PORTFOLIO MANAGEMENT LLC 13G · institution new · filed 2026-04-29 | 8.2% |
| COHEN & STEERS, INC. 13G · institution +2.2 pts · filed 2026-08-14 | 7.7% |
| STATE STREET CORP 13G · institution new · filed 2025-05-13 | 6.8% |
| VANGUARD CAPITAL MANAGEMENT LLC 13G · institution new · filed 2026-04-29 | 5.2% |
Fell to 5% or below in the last year: VANGUARD GROUP INC (0.0%, 2026-03-26; now reported by VANGUARD PORTFOLIO MANAGEMENT LLC), Aristotle Capital Management, LLC (4.8%, 2025-11-14)
Insider purchases and sales since 1 Apr 2026
Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.
Officers and directors buying vs selling
Number of people, by quarter (10% owners not included)
Numbers
| Quarter | Buying | Bought | Selling | Sold | Sold under a plan |
|---|---|---|---|---|---|
| Q4 2024 | 0 | — | 0 | — | — |
| Q1 2025 | 0 | — | 0 | — | — |
| Q2 2025 | 0 | — | 1 | $647.2k | — |
| Q3 2025 | 0 | — | 0 | — | — |
| Q4 2025 | 0 | — | 0 | — | — |
| Q1 2026 | 0 | — | 1 | $201.7k | — |
| Q2 2026 | 0 | — | 0 | — | — |
| Q3 2026 | 0 | — | 0 | — | — |
None reported since 1 Apr 2026.
Holders, Q2 2026
| Manager | Shares | Change |
|---|---|---|
| BlackRock, Inc. 0.02% of their portfolio | 24.5m $1.6bn | Added +562.8k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.12% of their portfolio | 18.2m $1.2bn | Added +441.5k |
| VANGUARD PORTFOLIO MANAGEMENT LLC 0.05% of their portfolio | 16.4m $1.1bn | Added +578.2k |
| COHEN & STEERS, INC. 1.52% of their portfolio | 14.9m $959.5m | Added +3.9m |
| STATE STREET CORP 0.02% of their portfolio | 11.6m $754.4m | Reduced -84.6k |
| VANGUARD CAPITAL MANAGEMENT LLC 0.01% of their portfolio | 8.8m $565.5m | Added +366.6k |
| Aristotle Capital Management, LLC 1.11% of their portfolio | 8.2m $527.4m | Reduced -435.2k |
| PRINCIPAL FINANCIAL GROUP INC 0.24% of their portfolio | 7.5m $486.5m | Added +1.1m |
| VICTORY CAPITAL MANAGEMENT INC 0.19% of their portfolio | 5.3m $339.2m | Reduced -168.6k |
| GEODE CAPITAL MANAGEMENT, LLC 0.02% of their portfolio | 4.9m $316.7m | Added +135.3k |
| Daiwa Securities Group Inc. 0.54% of their portfolio | 3.7m $239.8m | Added +195.0k |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 0.07% of their portfolio | 3.5m $233.2m | Reduced -808.8k |
| CENTERSQUARE INVESTMENT MANAGEMENT LLC 1.76% of their portfolio | 3.2m $206.3m | Added +946.2k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.03% of their portfolio | 3.1m $199.5m | Added +184.9k |
| JPMORGAN CHASE & CO 0.01% of their portfolio | 3.0m $197.0m | Reduced -1.7m |
| Boston Partners 0.16% of their portfolio | 2.8m $181.4m | Added +83.1k |
| DIMENSIONAL FUND ADVISORS LP 0.03% of their portfolio | 2.8m $181.1m | Added +4.4k |
| Invesco Ltd. 0.01% of their portfolio | 2.6m $164.9m | Added +2.0m |
| Resolution Capital Ltd 2.97% of their portfolio | 2.5m $161.7m | Added +623.4k |
| NORGES BANK 0.01% of their portfolio | 2.3m $149.9m | Not comparable |
| MORGAN STANLEY 0.01% of their portfolio | 2.0m $132.1m | Reduced -87.1k |
| NORTHERN TRUST CORP 0.02% of their portfolio | 2.0m $129.8m | Reduced -14.0k |
| BANK OF AMERICA CORP /DE/ 0.01% of their portfolio | 1.9m $125.3m | Reduced -36.8k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.05% of their portfolio | 1.9m $121.3m | Added +502.3k |
| DUFF & PHELPS INVESTMENT MANAGEMENT CO 0.96% of their portfolio | 1.6m $101.9m | Added +116.1k |
| CANADA PENSION PLAN INVESTMENT BOARD 0.05% of their portfolio | 1.4m $91.4m | Reduced -582.5k |
| Bank of New York Mellon Corp 0.01% of their portfolio | 1.4m $89.0m | Reduced -80.7k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.02% of their portfolio | 1.3m $85.1m | Reduced -41.8k |
| FMR LLC 0.00% of their portfolio | 1.3m $82.8m | Reduced -1.2k |
| VANGUARD FIDUCIARY TRUST CO 0.02% of their portfolio | 1.2m $79.0m | Added +30.5k |
| Quantinno Capital Management LP 0.09% of their portfolio | 1.2m $78.8m | Added +122.7k |
| CITADEL ADVISORS LLC 0.04% of their portfolio | 1.2m $78.2m | Added +618.0k |
| SEI INVESTMENTS CO 0.07% of their portfolio | 1.2m $77.7m | Added +248.2k |
| GOLDMAN SACHS GROUP INC 0.01% of their portfolio | 1.2m $76.3m | Reduced -188.7k |
| UBS Group AG 0.01% of their portfolio | 1.1m $73.2m | Added +181.3k |
| Legal & General Group Plc 0.01% of their portfolio | 1.1m $69.9m | Reduced -9.6k |
| CI INVESTMENTS INC. 0.21% of their portfolio | 1.0m $65.9m | Added +2.3k |
| LASALLE INVESTMENT MANAGEMENT SECURITIES LLC 2.30% of their portfolio | 1.0m $64.6m | Added +263.8k |
| Caprock Group, LLC 1.16% of their portfolio | 930.1k $60.5m | Reduced -9.1k |
| Sumitomo Mitsui Trust Group, Inc. 0.03% of their portfolio | 923.9k $59.5m | Added +156.1k |
| Thrivent Financial for Lutherans 0.09% of their portfolio | 857.2k $55.2m | Reduced -7.6k |
| MILLER HOWARD INVESTMENTS INC /NY 1.36% of their portfolio | 792.5k $51.1m | Reduced -7.4k |
| Bahl & Gaynor LLC 0.23% of their portfolio | 782.6k $50.4m | Added +39.4k |
| PGGM Investments 1.19% of their portfolio | 749.9k $48.3m | Reduced -126.1k |
| Russell Investments Group, Ltd. 0.04% of their portfolio | 718.5k $46.3m | Added +268.3k |
| AMERIPRISE FINANCIAL INC 0.01% of their portfolio | 702.2k $43.4m | Reduced -227.5k |
| ROYAL LONDON ASSET MANAGEMENT LTD 0.08% of their portfolio | 675.8k $43.6m | Reduced -2.1k |
| Clearbridge Investments, LLC 0.03% of their portfolio | 617.3k $39.8m | Reduced -116.8k |
| Adelante Capital Management LLC 2.61% of their portfolio | 615.2k $39.6m | Added +62.1k |
| AQR CAPITAL MANAGEMENT LLC 0.01% of their portfolio | 609.7k $39.0m | Added +429.5k |
| FIRST TRUST ADVISORS LP 0.02% of their portfolio | 606.9k $39.1m | Reduced -35.8k |
| RHUMBLINE ADVISERS 0.03% of their portfolio | 558.6k $36.0m | Added +3.2k |
| SCHRODER INVESTMENT MANAGEMENT GROUP 0.03% of their portfolio | 558.5k $36.1m | Reduced -48.7k |
| ROYAL BANK OF CANADA 0.01% of their portfolio | 552.0k $35.6m | Reduced -8.7k |
| HSBC HOLDINGS PLC 0.02% of their portfolio | 549.0k $35.4m | Reduced -34.1k |
| CHAI TRUST CO LLC 2.34% of their portfolio | 528.4k $34.1m | Added +4.0k |
| Jupiter Topco LLC 0.01% of their portfolio | 528.1k $34.1m | First filing |
| Universal- Beteiligungs- und Servicegesellschaft mbH 0.05% of their portfolio | 520.2k $33.5m | Added +66.3k |
| APG Asset Management US Inc. 0.22% of their portfolio | 481.7k $31.3m | Unchanged |
| Arbejdsmarkedets Tillaegspension 0.63% of their portfolio | 448.0k $28.9m | Added +48.1k |
| CANADA LIFE ASSURANCE Co 0.04% of their portfolio | 426.6k $27.5m | Added +4.1k |
| NEUBERGER BERMAN GROUP LLC 0.02% of their portfolio | 420.8k $27.1m | Reduced -88.9k |
| ProShare Advisors LLC 0.04% of their portfolio | 411.5k $26.5m | Reduced -1.4k |
| Hunter Perkins Capital Management, LLC 5.64% of their portfolio | 390.0k $25.1m | Reduced -2.5k |
| Nuveen, LLC 0.01% of their portfolio | 374.0k $24.1m | Reduced -1.0m |
| Swiss National Bank 0.01% of their portfolio | 369.7k $23.8m | Added +5.4k |
| California Public Employees Retirement System 0.01% of their portfolio | 352.7k $22.7m | Reduced -101.0k |
| PRUDENTIAL FINANCIAL INC 0.02% of their portfolio | 352.3k $22.7m | Added +46.9k |
| CBRE INVESTMENT MANAGEMENT LISTED REAL ASSETS LLC 0.31% of their portfolio | 341.6k $22.0m | Added +48.9k |
| ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio | 327.7k $21.1m | Added +220 |
| Asset Management One Co., Ltd. 0.05% of their portfolio | 318.0k $20.5m | Added +11.2k |
| NOMURA ASSET MANAGEMENT CO LTD 0.04% of their portfolio | 314.9k $20.3m | Added +8.4k |
| GREAT LAKES ADVISORS, LLC 0.15% of their portfolio | 313.2k $20.2m | Reduced -56.7k |
| FRANKLIN RESOURCES INC 0.00% of their portfolio | 312.4k $20.1m | Reduced -322.0k |
| Long Pond Capital, LP 2.07% of their portfolio | 306.2k $19.7m | New |
| PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO 0.05% of their portfolio | 281.9k $18.2m | Added +3.0k |
| VIRGINIA RETIREMENT SYSTEMS ET Al 0.11% of their portfolio | 275.8k $17.8m | Reduced -29.0k |
| ALLIANCEBERNSTEIN L.P. 0.01% of their portfolio | 274.2k $17.1m | Reduced -2.4k |
| WILLIAM BLAIR INVESTMENT MANAGEMENT, LLC 0.05% of their portfolio | 270.7k $17.4m | Reduced -99.7k |
| Argosy-Lionbridge Management, LLC 10.89% of their portfolio | 268.9k $17.3m | Added +191.9k |
| Apollo Management Holdings, L.P. 0.24% of their portfolio | 264.7k $17.1m | Unchanged |
| Retirement Systems of Alabama 0.05% of their portfolio | 262.9k $16.9m | Reduced -37.0k |
| TUDOR INVESTMENT CORP ET AL 0.07% of their portfolio | 250.5k $16.1m | Added +66.4k |
| CITIGROUP INC 0.01% of their portfolio | 242.6k $15.6m | Reduced -51.5k |
| Connor, Clark & Lunn Investment Management Ltd. 0.03% of their portfolio | 230.4k $14.8m | Added +24.9k |
| EXCHANGE TRADED CONCEPTS, LLC 0.07% of their portfolio | 226.0k $14.6m | Added +123.8k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.01% of their portfolio | 215.5k $13.9m | Reduced -1.9k |
| Janney Montgomery Scott LLC 0.03% of their portfolio | 215.0k $13.9m | Added +26.7k |
| Gotham Asset Management, LLC 0.03% of their portfolio | 211.4k $13.6m | Reduced -37.4k |
| T. Rowe Price Investment Management, Inc. 0.01% of their portfolio | 209.3k $13.5m | Reduced -1.0k |
| Robeco Institutional Asset Management B.V. 0.02% of their portfolio | 206.6k $13.3m | Added +13.0k |
| Sophron Capital Management L.P. 4.00% of their portfolio | 200.1k $12.9m | Added +55.3k |
| Seven Post Investment Office LP 3.63% of their portfolio | 198.3k $12.8m | Added +1.7k |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 198.2k $12.8m | Added +18.7k |
| RENAISSANCE TECHNOLOGIES LLC 0.02% of their portfolio | 194.0k $12.5m | New |
| COMMONWEALTH OF PENNSYLVANIA PUBLIC SCHOOL EMPLS RETRMT SYS 0.06% of their portfolio | 190.5k $12.3m | Added +54.5k |
| Tidal Investments LLC 0.03% of their portfolio | 186.0k $12.0m | Added +17.9k |
| Swedbank AB 0.01% of their portfolio | 180.0k $11.6m | Reduced -70.0k |
| RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio | 177.2k $11.4m | Added +13.2k |
| VANGUARD ASSET MANAGEMENT, Ltd 0.01% of their portfolio | 176.6k $11.4m | Added +9.6k |