ELME COMMUNITIES ELME
SH BEN INT · REIT · CUSIP 939653101
- SectorReal estate
- IndustryReal Estate Investment Trusts
- HeadquartersBethesda, MD
- 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 ($322.4k this quarter). Holder counts are more reliable. Shares outstanding: 88.0m as of 2024-07-29, 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 ≈ $15.94. Options: 3 managers hold calls ($181.6k notional), 6 hold puts ($1.4m).
Trends to Q2 2024
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 201 |
| Q4 2022 | 187 |
| Q1 2023 | 210 |
| Q2 2023 | 210 |
| Q3 2023 | 220 |
| Q4 2023 | 228 |
| Q1 2024 | 226 |
| Q2 2024 | 227 |
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 | 73 | 100 |
| Q1 2023 | 110 | 71 |
| Q2 2023 | 92 | 106 |
| Q3 2023 | 110 | 83 |
| Q4 2023 | 96 | 106 |
| Q1 2024 | 88 | 124 |
| Q2 2024 | 110 | 106 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2023 | $173.2k | $36.8k | 0.21 |
| Q4 2023 | $46.3k | $33.6k | 0.73 |
| Q1 2024 | $176.8k | $204.5k | 1.16 |
| Q2 2024 | $181.6k | $1.4m | 7.92 |
Biggest buyers
| HGI Capital Management, LLC | Added | +1.5m |
| Nuveen Asset Management, LLC | Added | +1.1m |
| CBRE INVESTMENT MANAGEMENT LISTED REAL ASSETS LLC | Added | +884.9k |
| FMR LLC | Added | +583.3k |
| DigitalBridge Group, Inc. | New | +510.5k |
| CITADEL ADVISORS LLC | Added | +398.5k |
| Mitsubishi UFJ Trust & Banking Corp | New | +311.9k |
| Hunter Perkins Capital Management, LLC | Added | +296.0k |
| GOLDMAN SACHS GROUP INC | Added | +159.7k |
| PRUDENTIAL FINANCIAL INC | Added | +129.9k |
Biggest sellers
| MORGAN STANLEY | Reduced | -2.2m |
| MARSHALL WACE, LLP | Reduced | -1.0m |
| V3 Capital Management, L.P. | Sold out | -986.9k |
| MILLENNIUM MANAGEMENT LLC | Sold out | -825.3k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC | Reduced | -531.3k |
| VANGUARD GROUP INC | Reduced | -293.1k |
| CENTERSQUARE INVESTMENT MANAGEMENT LLC | Reduced | -265.2k |
| Zimmer Partners, LP | Sold out | -265.0k |
| Lighthouse Investment Partners, LLC | Sold out | -250.0k |
| State of New Jersey Common Pension Fund D | Sold out | -214.0k |
Biggest calls
| CITADEL ADVISORS LLC | Added | $149.7k9.4k shares |
| PEAK6 Investments LLC | New | $31.9k2.0k shares |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Unchanged | $00 shares |
Biggest puts
| GROUP ONE TRADING LLC | New | $665.9k41.8k shares |
| PEAK6 Investments LLC | New | $339.3k21.3k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | New | $254.9k16.0k shares |
| SIMPLEX TRADING, LLC | New | $132.0k8.3k shares |
| CITADEL ADVISORS LLC | Reduced | $46.2k2.9k 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 |
|---|---|
| HIGHBRIDGE CAPITAL MANAGEMENT LLC 13G · institution +2.0 pts · filed 2026-05-15 | 8.4% |
Fell to 5% or below in the last year: MILLENNIUM MANAGEMENT LLC (2.5%, 2026-07-13), STATE STREET CORP (0.1%, 2026-05-12), VANGUARD GROUP INC (0.0%, 2026-03-26), BlackRock, Inc. (0.0%, 2026-02-06)
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 |
|---|---|---|
| BlackRock Inc. 0.01% of their portfolio | 16.8m $267.3m | Reduced -115.5k |
| VANGUARD GROUP INC 0.00% of their portfolio | 13.9m $221.2m | Reduced -293.1k |
| FMR LLC 0.01% of their portfolio | 5.5m $87.1m | Added +583.3k |
| STATE STREET CORP 0.00% of their portfolio | 5.1m $82.8m | Reduced -132.3k |
| HGI Capital Management, LLC 38.43% of their portfolio | 2.6m $40.9m | Added +1.5m |
| THORNBURG INVESTMENT MANAGEMENT INC 0.55% of their portfolio | 2.5m $39.1m | Unchanged |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 2.2m $35.4m | Added +81.0k |
| Allspring Global Investments Holdings, LLC 0.05% of their portfolio | 2.1m $33.5m | Reduced -82.5k |
| WILLIAM BLAIR INVESTMENT MANAGEMENT, LLC 0.08% of their portfolio | 1.9m $31.0m | Reduced -4.5k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.01% of their portfolio | 1.7m $26.5m | Added +42.6k |
| Nuveen Asset Management, LLC 0.01% of their portfolio | 1.5m $23.4m | Added +1.1m |
| CBRE INVESTMENT MANAGEMENT LISTED REAL ASSETS LLC 0.40% of their portfolio | 1.4m $21.8m | Added +884.9k |
| DIMENSIONAL FUND ADVISORS LP 0.01% of their portfolio | 1.3m $20.1m | Added +17.4k |
| RENAISSANCE TECHNOLOGIES LLC 0.03% of their portfolio | 1.0m $16.5m | Added +69.0k |
| NORTHERN TRUST CORP 0.00% of their portfolio | 986.8k $15.7m | Reduced -15.5k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 909.5k $14.5m | Reduced -634 |
| MORGAN STANLEY 0.00% of their portfolio | 832.3k $13.3m | Reduced -2.2m |
| Bank of New York Mellon Corp 0.00% of their portfolio | 811.4k $12.9m | Added +11.8k |
| Legal & General Group Plc 0.00% of their portfolio | 752.4k $12.0m | Reduced -45.8k |
| Balyasny Asset Management L.P. 0.03% of their portfolio | 744.5k $11.9m | Added +43.4k |
| Invesco Ltd. 0.00% of their portfolio | 648.8k $10.3m | Reduced -37.7k |
| CITADEL ADVISORS LLC 0.01% of their portfolio | 543.4k $8.7m | Added +398.5k |
| Adelante Capital Management LLC 0.68% of their portfolio | 542.0k $8.6m | Reduced -56.6k |
| DigitalBridge Group, Inc. 0.72% of their portfolio | 510.5k $8.1m | New |
| PRINCIPAL FINANCIAL GROUP INC 0.00% of their portfolio | 434.1k $6.9m | Reduced -22.0k |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 432.4k $6.9m | Added +159.7k |
| AMERIPRISE FINANCIAL INC 0.00% of their portfolio | 420.3k $6.7m | Reduced -75.6k |
| NORGES BANK 0.00% of their portfolio | 380.5k $6.1m | Added +13.0k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 356.0k $5.7m | Added +38.1k |
| Hunter Perkins Capital Management, LLC 1.10% of their portfolio | 325.9k $5.2m | Added +296.0k |
| Mitsubishi UFJ Trust & Banking Corp 0.01% of their portfolio | 311.9k $5.0m | New |
| RHUMBLINE ADVISERS 0.00% of their portfolio | 297.8k $4.7m | Reduced -827 |
| TWO SIGMA INVESTMENTS, LP 0.01% of their portfolio | 297.1k $4.7m | Reduced -34.7k |
| Anson Funds Management LP 0.58% of their portfolio | 255.4k $4.1m | Added +95.0k |
| TWO SIGMA ADVISERS, LP 0.01% of their portfolio | 239.4k $3.8m | Added +30.6k |
| PRUDENTIAL FINANCIAL INC 0.01% of their portfolio | 229.8k $3.7m | Added +129.9k |
| CANADA LIFE ASSURANCE Co 0.01% of their portfolio | 218.3k $3.5m | Added +40.4k |
| Asset Management One Co., Ltd. 0.01% of their portfolio | 209.1k $3.3m | Reduced -74.5k |
| Public Sector Pension Investment Board 0.02% of their portfolio | 193.6k $3.1m | Added +11.4k |
| WOLVERINE ASSET MANAGEMENT LLC 0.06% of their portfolio | 187.3k $3.0m | Added +27.7k |
| SUSQUEHANNA FUNDAMENTAL INVESTMENTS, LLC 0.06% of their portfolio | 175.0k $2.8m | Added +47.9k |
| Swiss National Bank 0.00% of their portfolio | 173.1k $2.8m | Unchanged |
| Qube Research & Technologies Ltd 0.00% of their portfolio | 150.9k $2.4m | Reduced -32.5k |
| PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO 0.01% of their portfolio | 126.3k $2.0m | Reduced -794 |
| AQR CAPITAL MANAGEMENT LLC 0.00% of their portfolio | 126.1k $2.0m | Reduced -8.5k |
| PRELUDE CAPITAL MANAGEMENT, LLC 0.17% of their portfolio | 125.3k $2.0m | New |
| TCW GROUP INC 0.02% of their portfolio | 123.1k $2.0m | Added +68.1k |
| OCONNOR, A Distinct Business Unit of UBS ASSET MANAGEMENT AMERICAS (LLC) 0.05% of their portfolio | 121.3k $1.9m | Added +6.9k |
| ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio | 120.3k $1.9m | Reduced -9.4k |
| CENTERSQUARE INVESTMENT MANAGEMENT LLC 0.02% of their portfolio | 118.0k $1.9m | Reduced -265.2k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 115.5k $1.8m | Reduced -531.3k |
| JANE STREET GROUP, LLC 0.00% of their portfolio | 112.3k $1.8m | Added +101.5k |
| BARCLAYS PLC 0.00% of their portfolio | 107.6k $1.7m | Reduced -2.5k |
| NOMURA ASSET MANAGEMENT CO LTD 0.01% of their portfolio | 107.3k $1.7m | Added +4.1k |
| HST Ventures, LLC 0.72% of their portfolio | 100.2k $1.6m | Added +8.2k |
| Sumitomo Mitsui Trust Group, Inc. 0.00% of their portfolio | 98.4k $1.6m | Reduced -1.2k |
| ExodusPoint Capital Management, LP 0.02% of their portfolio | 94.1k $1.5m | Reduced -23.8k |
| State of Alaska, Department of Revenue 0.02% of their portfolio | 93.9k $1.5m | Reduced -1.1k |
| THIRD AVENUE MANAGEMENT LLC 0.25% of their portfolio | 93.0k $1.5m | Unchanged |
| BANK OF MONTREAL /CAN/ 0.00% of their portfolio | 89.1k $1.4m | New |
| BROWN ADVISORY INC 0.00% of their portfolio | 88.2k $1.4m | Reduced -1.5k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio | 85.7k $1.4m | Reduced -2.1k |
| Russell Investments Group, Ltd. 0.00% of their portfolio | 80.8k $1.3m | New |
| DEUTSCHE BANK AG\ 0.00% of their portfolio | 80.6k $1.3m | Reduced -3.7k |
| Cerity Partners LLC 0.00% of their portfolio | 76.4k $1.2m | Reduced -5.0k |
| CITIGROUP INC 0.00% of their portfolio | 76.2k $1.2m | Added +1.6k |
| HSBC HOLDINGS PLC 0.00% of their portfolio | 75.1k $1.2m | Added +4.4k |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.00% of their portfolio | 75.0k $1.2m | Added +2.3k |
| NEW YORK STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio | 74.9k $1.2m | Reduced -100 |
| Thrivent Financial for Lutherans 0.00% of their portfolio | 73.1k $1.2m | Reduced -69.3k |
| UBS Group AG 0.00% of their portfolio | 69.9k $1.1m | Reduced -19.1k |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 67.4k $1.1m | Reduced -4.5k |
| Amundi 0.00% of their portfolio | 62.7k $962.5k | Reduced -7.6k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 62.6k $998.0k | Added +8.0k |
| Schonfeld Strategic Advisors LLC 0.01% of their portfolio | 59.3k $944.6k | New |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 58.0k $923.4k | Added +6.8k |
| Mitsubishi UFJ Asset Management Co., Ltd. 0.00% of their portfolio | 57.9k $923.0k | Added +4.0k |
| CAXTON ASSOCIATES LP 0.04% of their portfolio | 56.6k $901.5k | Added +14.9k |
| Jump Financial, LLC 0.02% of their portfolio | 53.1k $846.0k | New |
| FIRST TRUST ADVISORS LP 0.00% of their portfolio | 52.4k $835.5k | Reduced -112 |
| MetLife Investment Management, LLC 0.00% of their portfolio | 52.0k $827.8k | Added +7.5k |
| STATE OF WISCONSIN INVESTMENT BOARD 0.00% of their portfolio | 51.8k $825.8k | Added +32.8k |
| Corebridge Financial, Inc. 0.00% of their portfolio | 51.1k $813.3k | First filing |
| AlphaQuest LLC 0.11% of their portfolio | 51.0k $812.0k | Reduced -33.6k |
| SEI INVESTMENTS CO 0.00% of their portfolio | 48.6k $773.5k | Reduced -682 |
| Illinois Municipal Retirement Fund 0.01% of their portfolio | 47.4k $754.5k | Reduced -1.8k |
| JANUS HENDERSON GROUP PLC 0.00% of their portfolio | 46.0k $732.4k | Reduced -451 |
| Louisiana State Employees Retirement System 0.01% of their portfolio | 44.3k $705.7k | Added +800 |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.00% of their portfolio | 43.9k $699.8k | First filing |
| State of Tennessee, Department of Treasury 0.00% of their portfolio | 43.4k $690.6k | Reduced -494 |
| MACQUARIE GROUP LTD 0.00% of their portfolio | 43.2k $688.4k | Added +6.2k |
| B. Riley Wealth Advisors, Inc. 0.02% of their portfolio | 40.4k $650.2k | Added +329 |
| Penserra Capital Management LLC 0.01% of their portfolio | 39.7k $633.0k | New |
| HRT FINANCIAL LP 0.00% of their portfolio | 39.0k $620.0k | New |
| NEW YORK STATE COMMON RETIREMENT FUND 0.00% of their portfolio | 36.5k $582.1k | Added +742 |
| Zurcher Kantonalbank (Zurich Cantonalbank) 0.00% of their portfolio | 36.5k $581.0k | Reduced -16 |
| Nebula Research & Development LLC 0.09% of their portfolio | 36.4k $580.5k | New |
| Resona Asset Management Co.,Ltd. 0.00% of their portfolio | 35.7k $560.6k | Added +544 |
| YOUSIF CAPITAL MANAGEMENT, LLC 0.01% of their portfolio | 35.2k $561.3k | Reduced -4.6k |
| COMMONWEALTH OF PENNSYLVANIA PUBLIC SCHOOL EMPLS RETRMT SYS 0.00% of their portfolio | 34.4k $548.3k | Reduced -470 |