Who owns ELS (ELS)
Which tracked institutional funds hold ELS, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See ELS company fundamentals →
Ownership as of the 2026-Q1 13F filings. 13F is disclosed up to 45 days after quarter-end, so the most recent quarter fills in over the following weeks.
How the tape is positioned
131 tracked funds added or opened ELS while 130 trimmed or exited it between 2025-Q4 and 2026-Q1 — the tape is split. When large holders disagree on a name, the funds moving first are sometimes ahead of the story.
A prompt to read the filings, not a verdict. 13F is a quarter-end snapshot disclosed up to 45 days late; a fund adds or exits for mandate, benchmark, and timing reasons that have nothing to do with a view on the stock. This is a starting question, not a signal to trade.
Conviction spread
ELS’s largest tracked holder by dollar value, VANGUARD GROUP INC, sizes it at 0.0% of its own reported 13F book, while the median holder sizes it at 0.0% of theirs — a 0.0pp gap the other way — the median holder sizes ELS more heavily than its largest holder by dollar value does.
Book-share is each fund’s reported value in ELS divided by its whole reported 13F book, so it is comparable across funds of different sizes and is unaffected by stock splits. A higher share means a fund has committed more of its book to the name — a starting question about conviction, not a verdict or a signal to trade.
Institutional & insider positioning
Between 2025-Q4 and 2026-Q1, across 493 tracked filers holding ELS, 255 increased or opened the position and 258 reduced or closed it; over the same quarter, open-market insider Form 4 buying and selling roughly offset.
This fuses two public signals for the same quarter — how tracked institutions changed their positions and whether insiders bought or sold in the open market. It describes what was filed; it is a starting question, not a verdict or a signal to trade.
New buyers & exits
Funds opening or closing a position in ELS between the 2025-Q4 and 2026-Q1 13F filings, and the largest changes among funds holding it in both. New buyers and exits are counted on fund presence (split-invariant); adds and trims are measured on reported value.
New buyers 36
- VANGUARD PORTFOLIO MANAGEMENT LLC$990M
- VANGUARD CAPITAL MANAGEMENT LLC$525M
- VANGUARD FIDUCIARY TRUST CO$75M
- JANE STREET GROUP, LLC$55M
- APG Asset Management US Inc.$30M
- Qube Research & Technologies Ltd$25M
Full exits 39
- VANGUARD GROUP INC$1.5B
- Ceredex Value Advisors LLC$28M
- VIRGINIA RETIREMENT SYSTEMS ET Al$19M
- Waratah Capital Advisors Ltd.$9M
- Korea Investment CORP$6M
- Mitsubishi UFJ Trust & Banking Corp$5M
Largest adds
- PRICE T ROWE ASSOCIATES INC /MD/$143M
- JPMORGAN CHASE & CO$75M
- NORGES BANK$47M
- COHEN & STEERS, INC.$45M
- TWO SIGMA INVESTMENTS, LP$42M
- MILLENNIUM MANAGEMENT LLC$37M
Largest trims
- BlackRock, Inc.$349M
- VICTORY CAPITAL MANAGEMENT INC$65M
- STATE STREET CORP$57M
- ROYAL LONDON ASSET MANAGEMENT LTD$56M
- UBS Group AG$29M
- Schonfeld Strategic Advisors LLC$28M
Institutional holders
One row per tracked fund, largest reported value first. “% of value” is the fund’s share of this security’s tracked institutional value — not of shares outstanding. Rows marked stale are from an earlier filing than the security’s latest quarter — that fund is absent from the newest snapshot (position exited, or reported under a different name).
| Fund | Shares | Reported value | % of value | Quarter |
|---|---|---|---|---|
| BlackRock, Inc. trimmed | 20,483,348 | $1.3B | 9.4% | 2026-Q1 |
| PRICE T ROWE ASSOCIATES INC /MD/ added | 17,769,840 | $1.1B | 8.2% | 2026-Q1 |
| VANGUARD PORTFOLIO MANAGEMENT LLC new | 15,855,376 | $990M | 7.3% | 2026-Q1 |
| STATE STREET CORP trimmed | 11,693,348 | $736M | 5.4% | 2026-Q1 |
| COHEN & STEERS, INC. added | 11,031,032 | $689M | 5.1% | 2026-Q1 |
| Aristotle Capital Management, LLC trimmed | 8,618,627 | $538M | 4.0% | 2026-Q1 |
| VANGUARD CAPITAL MANAGEMENT LLC new | 8,407,051 | $525M | 3.9% | 2026-Q1 |
| PRINCIPAL FINANCIAL GROUP INC added | 6,435,365 | $402M | 3.0% | 2026-Q1 |
| VICTORY CAPITAL MANAGEMENT INC trimmed | 5,431,116 | $339M | 2.5% | 2026-Q1 |
| GEODE CAPITAL MANAGEMENT, LLC added | 4,778,105 | $298M | 2.2% | 2026-Q1 |
| JPMORGAN CHASE & CO added | 4,746,014 | $297M | 2.2% | 2026-Q1 |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ trimmed | 4,321,310 | $280M | 2.1% | 2026-Q1 |
| Daiwa Securities Group Inc. trimmed | 3,526,349 | $220M | 1.6% | 2026-Q1 |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC added | 2,910,646 | $182M | 1.3% | 2026-Q1 |
| DIMENSIONAL FUND ADVISORS LP added | 2,806,080 | $175M | 1.3% | 2026-Q1 |
| NORGES BANK added | 2,587,864 | $173M | 1.3% | 2026-Q1 |
| Boston Partners trimmed | 2,732,206 | $171M | 1.3% | 2026-Q1 |
| CENTERSQUARE INVESTMENT MANAGEMENT LLC trimmed | 2,254,351 | $141M | 1.0% | 2026-Q1 |
| MORGAN STANLEY trimmed | 2,136,556 | $133M | 1.0% | 2026-Q1 |
| NORTHERN TRUST CORP trimmed | 2,027,892 | $127M | 0.9% | 2026-Q1 |
| CANADA PENSION PLAN INVESTMENT BOARD | 2,001,175 | $125M | 0.9% | 2026-Q1 |
| BANK OF AMERICA CORP /DE/ added | 1,980,918 | $124M | 0.9% | 2026-Q1 |
| Resolution Capital Ltd added | 1,885,292 | $118M | 0.9% | 2026-Q1 |
| DUFF & PHELPS INVESTMENT MANAGEMENT CO trimmed | 1,464,385 | $91M | 0.7% | 2026-Q1 |
| Bank of New York Mellon Corp trimmed | 1,461,779 | $91M | 0.7% | 2026-Q1 |
| Nuveen, LLC trimmed | 1,404,980 | $88M | 0.6% | 2026-Q1 |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP trimmed | 1,379,910 | $86M | 0.6% | 2026-Q1 |
| GOLDMAN SACHS GROUP INC added | 1,372,677 | $86M | 0.6% | 2026-Q1 |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC trimmed | 1,362,216 | $85M | 0.6% | 2026-Q1 |
| FMR LLC trimmed | 1,205,793 | $75M | 0.6% | 2026-Q1 |
| VANGUARD FIDUCIARY TRUST CO new | 1,195,299 | $75M | 0.5% | 2026-Q1 |
| Quantinno Capital Management LP added | 1,100,566 | $69M | 0.5% | 2026-Q1 |
| Legal & General Group Plc trimmed | 1,094,767 | $68M | 0.5% | 2026-Q1 |
| MILLENNIUM MANAGEMENT LLC added | 1,093,667 | $68M | 0.5% | 2026-Q1 |
| CI INVESTMENTS INC. added | 1,019,804 | $64M | 0.5% | 2026-Q1 |
| SEI INVESTMENTS CO trimmed | 957,634 | $60M | 0.4% | 2026-Q1 |
| UBS Group AG trimmed | 953,668 | $60M | 0.4% | 2026-Q1 |
| Caprock Group, LLC trimmed | 939,206 | $59M | 0.4% | 2026-Q1 |
| AMERIPRISE FINANCIAL INC added | 929,636 | $56M | 0.4% | 2026-Q1 |
| JANE STREET GROUP, LLC added | 888,237 | $55M | 0.4% | 2026-Q1 |
| TWO SIGMA INVESTMENTS, LP added | 883,094 | $55M | 0.4% | 2026-Q1 |
| PGGM Investments trimmed | 875,921 | $55M | 0.4% | 2026-Q1 |
| Thrivent Financial for Lutherans added | 864,753 | $54M | 0.4% | 2026-Q1 |
| JANUS HENDERSON GROUP PLC added | 831,809 | $52M | 0.4% | 2026-Q1 |
| MILLER HOWARD INVESTMENTS INC /NY added | 799,961 | $50M | 0.4% | 2026-Q1 |
| Sumitomo Mitsui Trust Group, Inc. trimmed | 767,852 | $48M | 0.4% | 2026-Q1 |
| BAHL & GAYNOR INC added | 743,187 | $46M | 0.3% | 2026-Q1 |
| LASALLE INVESTMENT MANAGEMENT SECURITIES LLC trimmed | 738,531 | $46M | 0.3% | 2026-Q1 |
| Clearbridge Investments, LLC added | 734,109 | $46M | 0.3% | 2026-Q1 |
| ROYAL LONDON ASSET MANAGEMENT LTD trimmed | 677,937 | $42M | 0.3% | 2026-Q1 |
| FIRST TRUST ADVISORS LP added | 642,638 | $40M | 0.3% | 2026-Q1 |
| FRANKLIN RESOURCES INC added | 634,423 | $40M | 0.3% | 2026-Q1 |
| SCHRODER INVESTMENT MANAGEMENT GROUP trimmed | 607,155 | $38M | 0.3% | 2026-Q1 |
| CITADEL ADVISORS LLC added | 594,915 | $37M | 0.3% | 2026-Q1 |
| HSBC HOLDINGS PLC added | 583,109 | $36M | 0.3% | 2026-Q1 |
| ROYAL BANK OF CANADA added | 560,685 | $35M | 0.3% | 2026-Q1 |
| RHUMBLINE ADVISERS added | 555,318 | $35M | 0.3% | 2026-Q1 |
| Adelante Capital Management LLC trimmed | 553,063 | $35M | 0.3% | 2026-Q1 |
| CHAI TRUST CO LLC | 524,368 | $33M | 0.2% | 2026-Q1 |
| NEUBERGER BERMAN GROUP LLC trimmed | 509,616 | $32M | 0.2% | 2026-Q1 |
| APG Asset Management US Inc. added | 481,719 | $30M | 0.2% | 2026-Q1 |
| Universal- Beteiligungs- und Servicegesellschaft mbH trimmed | 453,932 | $28M | 0.2% | 2026-Q1 |
| California Public Employees Retirement System trimmed | 453,682 | $28M | 0.2% | 2026-Q1 |
| Russell Investments Group, Ltd. trimmed | 450,203 | $28M | 0.2% | 2026-Q1 |
| CANADA LIFE ASSURANCE Co trimmed | 422,505 | $26M | 0.2% | 2026-Q1 |
| ProShare Advisors LLC trimmed | 412,868 | $26M | 0.2% | 2026-Q1 |
| Qube Research & Technologies Ltd trimmed | 405,120 | $25M | 0.2% | 2026-Q1 |
| Arbejdsmarkedets Tillaegspension added | 399,946 | $25M | 0.2% | 2026-Q1 |
| Hunter Perkins Capital Management, LLC added | 392,473 | $24M | 0.2% | 2026-Q1 |
| WILLIAM BLAIR INVESTMENT MANAGEMENT, LLC trimmed | 370,369 | $23M | 0.2% | 2026-Q1 |
| GREAT LAKES ADVISORS, LLC added | 369,919 | $23M | 0.2% | 2026-Q1 |
| Invesco Ltd. trimmed | 366,895 | $23M | 0.2% | 2026-Q1 |
| Swiss National Bank trimmed | 364,300 | $23M | 0.2% | 2026-Q1 |
| STRS OHIO added | 348,995 | $22M | 0.2% | 2026-Q1 |
| ENVESTNET ASSET MANAGEMENT INC added | 327,507 | $20M | 0.2% | 2026-Q1 |
| Schonfeld Strategic Advisors LLC trimmed | 317,594 | $20M | 0.1% | 2026-Q1 |
| BROOKFIELD Corp /ON/ added | 311,259 | $19M | 0.1% | 2026-Q1 |
| DEUTSCHE BANK AG\ trimmed | 308,415 | $19M | 0.1% | 2026-Q1 |
| Asset Management One Co., Ltd. trimmed | 306,790 | $19M | 0.1% | 2026-Q1 |
| NOMURA ASSET MANAGEMENT CO LTD trimmed | 306,480 | $19M | 0.1% | 2026-Q1 |
| PRUDENTIAL FINANCIAL INC trimmed | 305,352 | $19M | 0.1% | 2026-Q1 |
| Retirement Systems of Alabama added | 299,932 | $19M | 0.1% | 2026-Q1 |
| CITIGROUP INC added | 294,082 | $18M | 0.1% | 2026-Q1 |
| CBRE INVESTMENT MANAGEMENT LISTED REAL ASSETS LLC added | 292,716 | $18M | 0.1% | 2026-Q1 |
| PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO trimmed | 278,879 | $17M | 0.1% | 2026-Q1 |
| ALLIANCEBERNSTEIN L.P. trimmed | 276,597 | $17M | 0.1% | 2026-Q1 |
| Apollo Management Holdings, L.P. added | 264,680 | $17M | 0.1% | 2026-Q1 |
| Swedbank AB trimmed | 250,000 | $16M | 0.1% | 2026-Q1 |
| Gotham Asset Management, LLC added | 248,796 | $16M | 0.1% | 2026-Q1 |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM trimmed | 217,478 | $14M | 0.1% | 2026-Q1 |
| VANGUARD GROUP INC added | 25,091,824 | $1.5B | 11.2% | 2025-Q4 stale |
| Aware Super Pty Ltd as trustee of Aware Super added | 514,927 | $31M | 0.2% | 2025-Q3 stale |
| Ceredex Value Advisors LLC trimmed | 463,002 | $28M | 0.2% | 2025-Q4 stale |
| Long Pond Capital, LP trimmed | 354,911 | $22M | 0.2% | 2025-Q3 stale |
| JUPITER ASSET MANAGEMENT LTD added | 341,881 | $21M | 0.2% | 2025-Q2 stale |
| VIRGINIA RETIREMENT SYSTEMS ET Al trimmed | 310,366 | $19M | 0.1% | 2025-Q4 stale |
| BALYASNY ASSET MANAGEMENT L.P. trimmed | 236,547 | $14M | 0.1% | 2025-Q3 stale |
| Cubist Systematic Strategies, LLC added | 212,629 | $14M | 0.1% | 2025-Q1 stale |
| WESTWOOD HOLDINGS GROUP INC added | 229,092 | $14M | 0.1% | 2025-Q2 stale |
| Corebridge Financial, Inc. trimmed | 211,015 | $14M | 0.1% | 2025-Q1 stale |
Ownership over time
Tracked institutional holder count and total shares held by filing quarter (independent scales). The curated-era tail and any mid-ingest latest quarter are handled honestly — a partial quarter is not drawn as a collapse.
Reading this table
Funds hold the same stock for different reasons — an index fund “holds” almost everything, an active manager sizes a name to a mandate and a benchmark, and each fund entered at its own price and time. Because 13F is filed up to 45 days after quarter-end, every row is a backward-looking snapshot; a manager may have traded since. Share-class siblings (a company’s A and C shares) are rolled up to one line so a dual-class name is never double-counted. Compare like-for-like. A large holder is not an endorsement, and a fund exiting is not a warning — this is a starting question, not a verdict.
About 13F filings
A Form 13F is a quarterly disclosure that institutional investment managers with over $100 million in US-listed equities must file with the SEC. In plain English: it is a snapshot of the long stock positions a fund held at the end of a quarter. It covers long US-listed equities only — not short positions, options, cash, or private holdings — and the funds shown are the large sample we track, not the complete 13F universe.