Equity Lifestyle Properties
410 hedge funds and large institutions have $13B invested in Equity Lifestyle Properties in 2022 Q1 according to their latest regulatory filings, with 37 funds opening new positions, 178 increasing their positions, 132 reducing their positions, and 57 closing their positions.
35% more repeat investments, than reductions
Existing positions increased: 178 | Existing positions reduced: 132
0.75% less ownership
Funds ownership: 92.34% → 91.59% (-0.75%)
6% less funds holding
Funds holding: 434 → 410 (-24)
11% less funds holding in top 10
Funds holding in top 10: 9 → 8 (-1)
12% less capital invested
Capital invested by funds: $14.8B → $13B (-$1.84B)
35% less first-time investments, than exits
New positions opened: 37 | Existing positions closed: 57
63% less call options, than puts
Call options by funds: $573K | Put options by funds: $1.55M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
+$117M |
| 2 |
State Street
Boston,
Massachusetts
|
+$78.5M |
| 3 |
Millennium Management
New York
|
+$52.6M |
| 4 |
American Century Companies
Kansas City,
Missouri
|
+$44.7M |
| 5 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
+$36.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$260M |
| 2 |
Goldman Sachs
New York
|
-$90.9M |
| 3 |
ACM
AEW Capital Management
Boston,
Massachusetts
|
-$45.8M |
| 4 |
LPC
Long Pond Capital
New York
|
-$39.7M |
| 5 |
WCA
Waratah Capital Advisors
Toronto,
Ontario, Canada
|
-$31.6M |
ELS Hedge Fund Activity: Q1 2022 in Review
410 of the 6,340 institutional investors tracked by Wall St. Rank reported a position in Equity Lifestyle Properties (ELS) for Q1 2022, worth a combined $13B — down 12% from $14.8B a quarter earlier.
Sellers outnumbered buyers: 57 funds closed out of ELS and 37 opened new positions — a net loss of 20 holders — while 132 trimmed existing stakes and 178 added.
The largest buyer was Invesco, adding an estimated $117M. The largest seller was T. Rowe Price Associates, cutting an estimated $260M.
- 410 institutional investors held Equity Lifestyle Properties (ELS) as of Q1 2022, down from 434 in Q4 2021.
- Funds reported $13B of Equity Lifestyle Properties stock for Q1 2022, down 12% quarter-over-quarter.
- 37 funds opened new Equity Lifestyle Properties positions in Q1 2022 and 57 closed out, a net change of -20 holders.
- The largest Equity Lifestyle Properties buyer in Q1 2022 was Invesco, an estimated $117M added.
- The largest Equity Lifestyle Properties seller in Q1 2022 was T. Rowe Price Associates, an estimated $260M sold.
Based on aggregated 13F filings for Q1 2022.