Equity Lifestyle Properties
498 hedge funds and large institutions have $12B invested in Equity Lifestyle Properties in 2025 Q3 according to their latest regulatory filings, with 59 funds opening new positions, 189 increasing their positions, 180 reducing their positions, and 75 closing their positions.
2,850% more call options, than puts
Call options by funds: $11.8M | Put options by funds: $400K
45% more capital inflows, than outflows
Capital inflows: $1.68B | Capital outflows: $1.16B
3.08% more ownership
Funds ownership: 98.64% → 101.73% (+3.1%)
5% more repeat investments, than reductions
Existing positions increased: 189 | Existing positions reduced: 180
0% more funds holding in top 10
Funds holding in top 10: 6 → 6 (0)
4% less funds holding
Funds holding: 519 → 498 (-21)
21% less first-time investments, than exits
New positions opened: 59 | Existing positions closed: 75
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Cohen & Steers
New York
|
+$446M |
| 2 |
Massachusetts Financial Services
Boston,
Massachusetts
|
+$174M |
| 3 |
Daiwa Securities Group
Tokyo,
Japan
|
+$137M |
| 4 |
Centersquare Investment Management
Conshohocken,
Pennsylvania
|
+$115M |
| 5 |
Victory Capital Management
San Antonio,
Texas
|
+$102M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
-$121M |
| 2 |
Chai Trust Company
Chicago,
Illinois
|
-$91.4M |
| 3 |
JP Morgan Chase
New York
|
-$64.2M |
| 4 |
Qube Research & Technologies (QRT)
London,
United Kingdom
|
-$58.6M |
| 5 |
AQR Capital Management
Greenwich,
Connecticut
|
-$53.4M |
ELS Hedge Fund Activity: Q3 2025 in Review
498 of the 7,650 institutional investors tracked by Wall St. Rank reported a position in Equity Lifestyle Properties (ELS) for Q3 2025, worth a combined $12B — up 2.8% from $11.6B a quarter earlier.
Sellers outnumbered buyers: 75 funds closed out of ELS and 59 opened new positions — a net loss of 16 holders — while 180 trimmed existing stakes and 189 added.
The largest buyer was Cohen & Steers, adding an estimated $446M. The largest seller was Invesco, cutting an estimated $121M.
- 498 institutional investors held Equity Lifestyle Properties (ELS) as of Q3 2025, down from 519 in Q2 2025.
- Funds reported $12B of Equity Lifestyle Properties stock for Q3 2025, up 2.8% quarter-over-quarter.
- 59 funds opened new Equity Lifestyle Properties positions in Q3 2025 and 75 closed out, a net change of -16 holders.
- The largest Equity Lifestyle Properties buyer in Q3 2025 was Cohen & Steers, an estimated $446M added.
- The largest Equity Lifestyle Properties seller in Q3 2025 was Invesco, an estimated $121M sold.
Based on aggregated 13F filings for Q3 2025.