Horizon Kinetics Asset Management’s Equity Lifestyle Properties ELS Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2026 Q1	$1.18M	Sell	18,955 -6,015	-24%	-$390K	0.01%	158
2025 Q4	$1.51M	Sell	24,970 -16,200	-39%	-$1M	0.02%	133
2025 Q3	$2.5M	Sell	41,170 -55,958	-58%	-$3.4M	0.03%	103
2025 Q2	$5.99M	Sell	97,128 -3,400	-3%	-$217K	0.07%	65
2025 Q1	$6.71M	Sell	100,528 -4,407	-4%	-$294K	0.08%	62
2024 Q4	$6.99M	Sell	104,935 -7,722	-7%	-$535K	0.09%	63
2024 Q3	$8.04M	Sell	112,657 -4,724	-4%	-$331K	0.12%	55
2024 Q2	$7.65M	Sell	117,381 -7,898	-6%	-$495K	0.13%	54
2024 Q1	$8.07M	Sell	125,279 -13,410	-10%	-$899K	0.15%	53
2023 Q4	$9.78M	Sell	138,689 -13,368	-9%	-$910K	0.21%	47
2023 Q3	$9.69M	Sell	152,057 -12,199	-7%	-$824K	0.19%	49
2023 Q2	$11M	Sell	164,256 -15,326	-9%	-$1.02M	0.24%	51
2023 Q1	$12.1M	Sell	179,582 -7,773	-4%	-$528K	0.23%	47
2022 Q4	$12.1M	Sell	187,355 -3,696	-2%	-$234K	0.2%	50
2022 Q3	$12M	Sell	191,051 -3,376	-2%	-$243K	0.24%	45
2022 Q2	$13.7M	Sell	194,427 -5,194	-3%	-$388K	0.29%	42
2022 Q1	$15.3M	Sell	199,621 -7,750	-4%	-$598K	0.31%	45
2021 Q4	$18.2M	Sell	207,371 -6,659	-3%	-$560K	0.4%	44
2021 Q3	$16.7M	Sell	214,030 -2,959	-1%	-$242K	0.39%	40
2021 Q2	$16.1M	Sell	216,989 -1,523	-0.7%	-$108K	0.33%	42
2021 Q1	$13.9M	Sell	218,512 -12,644	-5%	-$787K	0.32%	35
2020 Q4	$14.6M	Sell	231,156 -14,297	-6%	-$882K	0.49%	34
2020 Q3	$15M	Sell	245,453 -12,433	-5%	-$805K	0.61%	32
2020 Q2	$16.1M	Buy	257,886 +21,216	+9%	+$1.3M	0.59%	28
2020 Q1	$13.6M	Sell	236,670 -13,641	-5%	-$931K	0.61%	28
2019 Q4	$17.6M	Sell	250,311 -255,245	-50%	-$17.7M	0.5%	24
2019 Q3	$16.9M	Buy	505,556 +251,100	+99%	+$16.4M	0.51%	27
2019 Q2	$15.4M	Sell	254,456 -3,426	-1%	-$203K	0.43%	30
2019 Q1	$14.7M	Buy	+257,882	New	+$13.8M	0.41%	34