Equity Lifestyle Properties
213 hedge funds and large institutions have $3.2B invested in Equity Lifestyle Properties in 2014 Q3 according to their latest regulatory filings, with 24 funds opening new positions, 82 increasing their positions, 76 reducing their positions, and 20 closing their positions.
33% more funds holding in top 10
Funds holding in top 10: 3 → 4 (+1)
20% more first-time investments, than exits
New positions opened: 24 | Existing positions closed: 20
1% more funds holding
Funds holding: 210 → 213 (+3)
8% more repeat investments, than reductions
Existing positions increased: 82 | Existing positions reduced: 76
3.72% less ownership
Funds ownership: 183.85% → 180.13% (-3.7%)
5% less capital invested
Capital invested by funds: $3.39B → $3.2B (-$184M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$25.6M |
| 2 |
Nuveen
Charlotte,
North Carolina
|
+$18M |
| 3 |
Schroder Investment Management Group
London,
United Kingdom
|
+$15.6M |
| 4 |
SCRM
Security Capital Research & Management
Chicago,
Illinois
|
+$13.8M |
| 5 |
Los Angeles Capital Management
Los Angeles,
California
|
+$9.87M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Norges Bank
Oslo,
Norway
|
-$32.4M |
| 2 |
BIT
BlackRock Institutional Trust
San Francisco,
California
|
-$17.2M |
| 3 |
DSA
Davis Selected Advisers
Tucson,
Arizona
|
-$11.9M |
| 4 |
Morgan Stanley
New York
|
-$11.7M |
| 5 |
NI
Numeric Investors
Boston,
Massachusetts
|
-$10.3M |
ELS Hedge Fund Activity: Q3 2014 in Review
213 of the 3,455 institutional investors tracked by Wall St. Rank reported a position in Equity Lifestyle Properties (ELS) for Q3 2014, worth a combined $3.2B — down 5.4% from $3.39B a quarter earlier.
Buyers outnumbered sellers: 24 funds opened new ELS positions and 20 closed out — a net gain of 4 holders — while 82 added to existing stakes and 76 trimmed.
The largest buyer was Millennium Management, adding an estimated $25.6M. The largest seller was Norges Bank, cutting an estimated $32.4M.
- 213 institutional investors held Equity Lifestyle Properties (ELS) as of Q3 2014, up from 210 in Q2 2014.
- Funds reported $3.2B of Equity Lifestyle Properties stock for Q3 2014, down 5.4% quarter-over-quarter.
- 24 funds opened new Equity Lifestyle Properties positions in Q3 2014 and 20 closed out, a net change of +4 holders.
- The largest Equity Lifestyle Properties buyer in Q3 2014 was Millennium Management, an estimated $25.6M added.
- The largest Equity Lifestyle Properties seller in Q3 2014 was Norges Bank, an estimated $32.4M sold.
Based on aggregated 13F filings for Q3 2014.