Equity Lifestyle Properties
195 hedge funds and large institutions have $2.62B invested in Equity Lifestyle Properties in 2013 Q3 according to their latest regulatory filings, with 25 funds opening new positions, 70 increasing their positions, 78 reducing their positions, and 17 closing their positions.
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
47% more first-time investments, than exits
New positions opened: 25 | Existing positions closed: 17
3% more funds holding
Funds holding: 189 → 195 (+6)
10% less repeat investments, than reductions
Existing positions increased: 70 | Existing positions reduced: 78
14% less capital invested
Capital invested by funds: $3.05B → $2.62B (-$428M)
207.69% less ownership
Funds ownership: 391.43% → 183.74% (-208%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$49.1M |
| 2 |
Millennium Management
New York
|
+$24M |
| 3 |
SRES
Starwood Real Estate Securities
Greenwich,
Connecticut
|
+$20.1M |
| 4 |
ACM
Adelante Capital Management
Alameda,
California
|
+$12.8M |
| 5 |
ACI
AMP Capital Investors
Sydney,
Australia
|
+$12.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Cohen & Steers
New York
|
-$136M |
| 2 |
HK
Horizon Kinetics
New York
|
-$87M |
| 3 |
RC
Resolution Capital
Sydney, NSW,
Australia
|
-$37.8M |
| 4 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$33.3M |
| 5 |
WCM
Wedge Capital Management
Charlotte,
North Carolina
|
-$12.1M |
ELS Hedge Fund Activity: Q3 2013 in Review
195 of the 3,096 institutional investors tracked by Wall St. Rank reported a position in Equity Lifestyle Properties (ELS) for Q3 2013, worth a combined $2.62B — down 14% from $3.05B a quarter earlier.
Buyers outnumbered sellers: 25 funds opened new ELS positions and 17 closed out — a net gain of 8 holders — while 70 added to existing stakes and 78 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $49.1M. The largest seller was Cohen & Steers, cutting an estimated $136M.
- 195 institutional investors held Equity Lifestyle Properties (ELS) as of Q3 2013, up from 189 in Q2 2013.
- Funds reported $2.62B of Equity Lifestyle Properties stock for Q3 2013, down 14% quarter-over-quarter.
- 25 funds opened new Equity Lifestyle Properties positions in Q3 2013 and 17 closed out, a net change of +8 holders.
- The largest Equity Lifestyle Properties buyer in Q3 2013 was Fidelity Investments, an estimated $49.1M added.
- The largest Equity Lifestyle Properties seller in Q3 2013 was Cohen & Steers, an estimated $136M sold.
Based on aggregated 13F filings for Q3 2013.