Equity Lifestyle Properties
501 hedge funds and large institutions have $12.9B invested in Equity Lifestyle Properties in 2025 Q4 according to their latest regulatory filings, with 69 funds opening new positions, 173 increasing their positions, 190 reducing their positions, and 56 closing their positions.
2,825% more call options, than puts
Call options by funds: $24.3M | Put options by funds: $830K
23% more first-time investments, than exits
New positions opened: 69 | Existing positions closed: 56
7.6% more ownership
Funds ownership: 101.72% → 109.33% (+7.6%)
7% more capital invested
Capital invested by funds: $12B → $12.9B (+$881M)
1% more funds holding
Funds holding: 496 → 501 (+5)
0% more funds holding in top 10
Funds holding in top 10: 6 → 6 (0)
9% less repeat investments, than reductions
Existing positions increased: 173 | Existing positions reduced: 190
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$742M |
| 2 |
BlackRock
New York
|
+$147M |
| 3 |
Cohen & Steers
New York
|
+$139M |
| 4 |
Morgan Stanley
New York
|
+$80.1M |
| 5 |
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
|
+$38.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Massachusetts Financial Services
Boston,
Massachusetts
|
-$53.1M |
| 2 |
UBS Group
Zurich,
Switzerland
|
-$48.8M |
| 3 |
Qube Research & Technologies (QRT)
London,
United Kingdom
|
-$46M |
| 4 |
PI
PGGM Investments
Zeist,
Netherlands
|
-$43.5M |
| 5 |
Aristotle Capital Management
Los Angeles,
California
|
-$33.6M |
ELS Hedge Fund Activity: Q4 2025 in Review
501 of the 8,266 institutional investors tracked by Wall St. Rank reported a position in Equity Lifestyle Properties (ELS) for Q4 2025, worth a combined $12.9B — up 7.4% from $12B a quarter earlier.
Buyers outnumbered sellers: 69 funds opened new ELS positions and 56 closed out — a net gain of 13 holders — while 173 added to existing stakes and 190 trimmed.
The largest buyer was T. Rowe Price Associates, adding an estimated $742M. The largest seller was Massachusetts Financial Services, cutting an estimated $53.1M.
- 501 institutional investors held Equity Lifestyle Properties (ELS) as of Q4 2025, up from 496 in Q3 2025.
- Funds reported $12.9B of Equity Lifestyle Properties stock for Q4 2025, up 7.4% quarter-over-quarter.
- 69 funds opened new Equity Lifestyle Properties positions in Q4 2025 and 56 closed out, a net change of +13 holders.
- The largest Equity Lifestyle Properties buyer in Q4 2025 was T. Rowe Price Associates, an estimated $742M added.
- The largest Equity Lifestyle Properties seller in Q4 2025 was Massachusetts Financial Services, an estimated $53.1M sold.
Based on aggregated 13F filings for Q4 2025.