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 ($20.4m this quarter). Holder counts are more reliable. Shares outstanding: 186.5m as of 2024-07-24, 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 ≈ $65.15. Options: 4 managers hold calls ($1.0m notional), 5 hold puts ($11.5m).
Trends to Q2 2024
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 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q4 2022 | 198 | 203 |
| Q1 2023 | 202 | 179 |
| Q2 2023 | 193 | 187 |
| Q3 2023 | 238 | 180 |
| Q4 2023 | 198 | 223 |
| Q1 2024 | 244 | 191 |
| Q2 2024 | 231 | 235 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2023 | $1.1m | $433.0k | 0.38 |
| Q4 2023 | $1.4m | $84.6k | 0.06 |
| Q1 2024 | $1.1m | $283.4k | 0.26 |
| Q2 2024 | $1.0m | $11.5m | 11.15 |
Biggest buyers
| JPMORGAN CHASE & CO | Added | +3.5m |
| PGGM Investments | Added | +1.8m |
| COHEN & STEERS, INC. | New | +1.5m |
| JANUS HENDERSON GROUP PLC | Added | +759.3k |
| DEUTSCHE BANK AG\ | Added | +567.1k |
| Heitman Real Estate Securities LLC | New | +501.8k |
| Boston Partners | Added | +452.7k |
| BlackRock Inc. | Added | +431.5k |
| Daiwa Securities Group Inc. | Added | +421.1k |
| ExodusPoint Capital Management, LP | New | +417.8k |
Biggest sellers
| CHAI TRUST CO LLC | Reduced | -3.9m |
| NORGES BANK | Reduced | -2.8m |
| MORGAN STANLEY | Reduced | -2.5m |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC | Reduced | -1.1m |
| CITADEL ADVISORS LLC | Reduced | -971.2k |
| FMR LLC | Reduced | -863.1k |
| BANK OF MONTREAL /CAN/ | Reduced | -463.4k |
| MILLENNIUM MANAGEMENT LLC | Reduced | -404.8k |
| Aristotle Capital Management, LLC | Reduced | -295.7k |
| Aberdeen Group plc | Reduced | -282.9k |
Biggest calls
| CITADEL ADVISORS LLC | Reduced | $540.6k8.3k shares |
| PEAK6 Investments LLC | Unchanged | $267.0k4.1k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | New | $221.4k3.4k shares |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Unchanged | $00 shares |
Biggest puts
| PEAK6 Investments LLC | New | $5.6m86.5k shares |
| CITADEL ADVISORS LLC | Added | $4.9m74.9k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $892.3k13.7k shares |
| SIMPLEX TRADING, LLC | Added | $71.0k1.1k shares |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Unchanged | $00 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 in Q2 2024
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.
None reported in Q2 2024.
Holders, Q2 2024
| Manager | Shares | Change |
|---|---|---|
| VANGUARD GROUP INC 0.03% of their portfolio | 24.9m $1.6bn | Reduced -152.3k |
| BlackRock Inc. 0.04% of their portfolio | 24.1m $1.6bn | Added +431.5k |
| Aristotle Capital Management, LLC 1.35% of their portfolio | 10.7m $696.4m | Reduced -295.7k |
| STATE STREET CORP 0.03% of their portfolio | 10.0m $653.6m | Reduced -13.8k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.08% of their portfolio | 9.7m $629.9m | Added +97.3k |
| JPMORGAN CHASE & CO 0.03% of their portfolio | 9.2m $601.1m | Added +3.5m |
| FMR LLC 0.02% of their portfolio | 6.0m $388.2m | Reduced -863.1k |
| VICTORY CAPITAL MANAGEMENT INC 0.30% of their portfolio | 4.6m $300.2m | Added +331.9k |
| NORGES BANK 0.04% of their portfolio | 3.8m $245.5m | Reduced -2.8m |
| GEODE CAPITAL MANAGEMENT, LLC 0.02% of their portfolio | 3.8m $245.1m | Added +119.5k |
| Nuveen Asset Management, LLC 0.06% of their portfolio | 3.4m $219.8m | Added +310.8k |
| Boston Partners 0.27% of their portfolio | 3.3m $214.6m | Added +452.7k |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 0.06% of their portfolio | 3.2m $209.6m | Added +153.7k |
| DIMENSIONAL FUND ADVISORS LP 0.05% of their portfolio | 2.7m $176.2m | Added +178.3k |
| CHAI TRUST CO LLC 27.05% of their portfolio | 2.7m $175.6m | Reduced -3.9m |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.03% of their portfolio | 2.4m $153.3m | Added +1.8k |
| Resolution Capital Ltd 2.65% of their portfolio | 2.2m $141.1m | Reduced -172.6k |
| Bank of New York Mellon Corp 0.02% of their portfolio | 1.9m $120.7m | Added +27.8k |
| PGGM Investments 1.72% of their portfolio | 1.8m $120.1m | Added +1.8m |
| Legal & General Group Plc 0.03% of their portfolio | 1.8m $118.3m | Reduced -115.6k |
| NORTHERN TRUST CORP 0.02% of their portfolio | 1.8m $115.9m | Added +257.1k |
| COHEN & STEERS, INC. 0.21% of their portfolio | 1.5m $100.2m | New |
| CANADA PENSION PLAN INVESTMENT BOARD 0.09% of their portfolio | 1.5m $95.8m | Added +22.2k |
| GOLDMAN SACHS GROUP INC 0.02% of their portfolio | 1.4m $94.2m | Reduced -55.9k |
| PRINCIPAL FINANCIAL GROUP INC 0.06% of their portfolio | 1.4m $92.9m | Reduced -85.4k |
| BANK OF AMERICA CORP /DE/ 0.01% of their portfolio | 1.4m $92.1m | Added +112.7k |
| MORGAN STANLEY 0.01% of their portfolio | 1.3m $87.3m | Reduced -2.5m |
| JANUS HENDERSON GROUP PLC 0.04% of their portfolio | 1.2m $80.2m | Added +759.3k |
| Balyasny Asset Management L.P. 0.18% of their portfolio | 1.1m $71.4m | Added +256.7k |
| AMERIPRISE FINANCIAL INC 0.02% of their portfolio | 898.5k $58.3m | Added +211.0k |
| California Public Employees Retirement System 0.04% of their portfolio | 821.4k $53.5m | Reduced -52.9k |
| SEI INVESTMENTS CO 0.07% of their portfolio | 808.0k $52.6m | Added +76.0k |
| DEUTSCHE BANK AG\ 0.02% of their portfolio | 783.2k $51.0m | Added +567.1k |
| FRANKLIN RESOURCES INC 0.02% of their portfolio | 750.6k $48.9m | Reduced -13.7k |
| MACQUARIE GROUP LTD 0.05% of their portfolio | 632.6k $41.2m | Reduced -82.9k |
| Invesco Ltd. 0.01% of their portfolio | 605.5k $39.4m | Added +40.6k |
| Waratah Capital Advisors Ltd. 2.36% of their portfolio | 597.9k $38.9m | Added +133.8k |
| NEUBERGER BERMAN GROUP LLC 0.03% of their portfolio | 597.8k $38.9m | Reduced -1.7k |
| Sumitomo Mitsui Trust Group, Inc. 0.03% of their portfolio | 579.6k $37.7m | Reduced -49.2k |
| WILLIAM BLAIR INVESTMENT MANAGEMENT, LLC 0.10% of their portfolio | 574.9k $37.4m | Added +3.5k |
| T. Rowe Price Investment Management, Inc. 0.02% of their portfolio | 563.7k $36.7m | Added +1.9k |
| RHUMBLINE ADVISERS 0.03% of their portfolio | 556.4k $36.2m | Reduced -14.2k |
| BANK OF MONTREAL /CAN/ 0.01% of their portfolio | 541.9k $34.9m | Reduced -463.4k |
| Swiss National Bank 0.02% of their portfolio | 524.6k $34.2m | Reduced -5.7k |
| ROYAL BANK OF CANADA 0.01% of their portfolio | 522.9k $34.1m | Added +7.5k |
| Korea Investment CORP 0.09% of their portfolio | 520.3k $33.9m | Added +19.7k |
| ProShare Advisors LLC 0.09% of their portfolio | 508.1k $33.1m | Added +48.2k |
| Heitman Real Estate Securities LLC 2.07% of their portfolio | 501.8k $32.7m | New |
| Daiwa Securities Group Inc. 0.17% of their portfolio | 494.9k $32.2m | Added +421.1k |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.11% of their portfolio | 450.5k $29.3m | Added +133.8k |
| RENAISSANCE TECHNOLOGIES LLC 0.05% of their portfolio | 437.2k $28.5m | Reduced -57.0k |
| UBS Group AG 0.01% of their portfolio | 424.2k $27.6m | Reduced -166.5k |
| ExodusPoint Capital Management, LP 0.30% of their portfolio | 417.8k $27.2m | New |
| Clearbridge Investments, LLC 0.02% of their portfolio | 415.0k $27.0m | Added +725 |
| Russell Investments Group, Ltd. 0.04% of their portfolio | 400.1k $26.1m | Added +197.2k |
| Asset Management One Co., Ltd. 0.10% of their portfolio | 393.1k $25.6m | Reduced -16.5k |
| Brookfield Corp /ON/ 0.16% of their portfolio | 383.3k $25.0m | New |
| CANADA LIFE ASSURANCE Co 0.05% of their portfolio | 368.4k $24.0m | Added +27.6k |
| Adelante Capital Management LLC 1.89% of their portfolio | 367.7k $23.9m | Reduced -37.1k |
| AXA S.A. 0.04% of their portfolio | 363.9k $23.7m | Added +181.6k |
| Ranger Global Real Estate Advisors, LLC 9.30% of their portfolio | 358.0k $23.3m | Added +319.4k |
| Qube Research & Technologies Ltd 0.04% of their portfolio | 351.0k $22.9m | Reduced -255.4k |
| TD Asset Management Inc 0.02% of their portfolio | 346.0k $22.5m | Added +34.7k |
| PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO 0.09% of their portfolio | 335.6k $21.9m | Added +226 |
| PRUDENTIAL FINANCIAL INC 0.03% of their portfolio | 330.5k $21.5m | Reduced -4.7k |
| Swedbank AB 0.03% of their portfolio | 330.0k $21.5m | Unchanged |
| GREAT LAKES ADVISORS, LLC 0.19% of their portfolio | 329.2k $21.4m | Reduced -9.2k |
| HSBC HOLDINGS PLC 0.01% of their portfolio | 319.9k $20.8m | Reduced -199.1k |
| CITADEL ADVISORS LLC 0.02% of their portfolio | 312.6k $20.4m | Reduced -971.2k |
| ENVESTNET ASSET MANAGEMENT INC 0.01% of their portfolio | 312.5k $20.4m | Added +9.9k |
| Uniplan Investment Counsel, Inc. 1.83% of their portfolio | 308.2k $20.1m | Reduced -58.0k |
| ALLIANCEBERNSTEIN L.P. 0.01% of their portfolio | 307.3k $20.0m | Reduced -65.4k |
| Retirement Systems of Alabama 0.07% of their portfolio | 292.5k $19.0m | Reduced -3.9k |
| NOMURA ASSET MANAGEMENT CO LTD 0.06% of their portfolio | 278.4k $18.1m | Added +12.3k |
| MARSHALL WACE, LLP 0.03% of their portfolio | 277.3k $18.1m | Added +243.7k |
| Andra AP-fonden 0.30% of their portfolio | 277.3k $18.1m | Added +26.5k |
| Schonfeld Strategic Advisors LLC 0.14% of their portfolio | 269.6k $17.6m | Added +153.9k |
| Hunter Perkins Capital Management, LLC 3.70% of their portfolio | 268.8k $17.6m | Added +830 |
| Point72 Asset Management, L.P. 0.05% of their portfolio | 251.7k $16.4m | Added +221.9k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.02% of their portfolio | 250.4k $16.3m | Reduced -857 |
| Janney Montgomery Scott LLC 0.05% of their portfolio | 245.7k $16.0m | Added +50.9k |
| Amundi 0.01% of their portfolio | 241.2k $15.3m | Added +8.4k |
| BARCLAYS PLC 0.01% of their portfolio | 240.9k $15.7m | Reduced -27.8k |
| Corebridge Financial, Inc. 0.08% of their portfolio | 235.9k $15.4m | First filing |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 235.1k $15.3m | Reduced -1.1m |
| Mitsubishi UFJ Asset Management Co., Ltd. 0.02% of their portfolio | 231.5k $15.1m | Added +19.1k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.01% of their portfolio | 229.0k $14.9m | Added +133.5k |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.03% of their portfolio | 224.4k $14.6m | Reduced -7.6k |
| Robeco Institutional Asset Management B.V. 0.03% of their portfolio | 203.6k $13.3m | Added +1.5k |
| Allianz Asset Management GmbH 0.02% of their portfolio | 201.8k $13.1m | Reduced -56.2k |
| EASTERLY INVESTMENT PARTNERS LLC 1.08% of their portfolio | 189.1k $12.3m | Added +105.6k |
| Seven Post Investment Office LP 2.24% of their portfolio | 186.1k $12.1m | Added +1.4k |
| Aberdeen Group plc 0.02% of their portfolio | 184.8k $12.0m | Reduced -282.9k |
| CITIGROUP INC 0.01% of their portfolio | 182.7k $11.9m | Reduced -21.4k |
| BNP PARIBAS FINANCIAL MARKETS 0.01% of their portfolio | 180.2k $11.7m | Reduced -60.3k |
| State of New Jersey Common Pension Fund D 0.05% of their portfolio | 177.7k $11.6m | Reduced -93.0k |
| AEW CAPITAL MANAGEMENT L P 0.55% of their portfolio | 175.9k $11.5m | Added +51.8k |
| Bahl & Gaynor LLC 0.06% of their portfolio | 167.2k $10.9m | Reduced -1.1k |
| OCONNOR, A Distinct Business Unit of UBS ASSET MANAGEMENT AMERICAS (LLC) 0.29% of their portfolio | 157.7k $10.3m | Added +90.6k |
| CI INVESTMENTS INC. 0.04% of their portfolio | 146.6k $9.5m | Reduced -1.4k |