Murray Stahl's ELS Position Overview
Murray Stahl (via Horizon Kinetics Asset Management LLC) currently holds 24,970 shares of Equity LifeStyle Properties, Inc. (ELS) worth $1.51 M, representing 0.02% of the portfolio. First purchased in 2013-Q2, this long-term strategic position has been held for 51 quarters.
Based on 13F filings since 2013, Murray Stahl has maintained a long-term strategic position in ELS, representing a significant commitment to this investment thesis. Largest addition occurred in Q3 2019, adding 251,100 shares. Largest reduction occurred in Q3 2013, reducing 4.67 M shares.
Analysis based on 13F filings available since 2013 Q2
Murray Stahl's Equity LifeStyle Properties (ELS) Holding Value Over Time
Track share changes against reported price movement
Quarterly Equity LifeStyle Properties (ELS) Trades by Murray Stahl
| Report Date | Bought/Sold (Sh.) | % Change | Qtr. End Shares | Reported Price |
|---|---|---|---|---|
| Q4 2025 | -16,200 | Reduce 39.35% | 24,970 | $60.61 |
| Q3 2025 | -55,958 | Reduce 57.61% | 41,170 | $60.70 |
| Q2 2025 | -3,400 | Reduce 3.38% | 97,128 | $61.67 |
| Q1 2025 | -4,407 | Reduce 4.20% | 100,528 | $66.70 |
| Q4 2024 | -7,722 | Reduce 6.85% | 104,935 | $66.60 |
| Q3 2024 | -4,724 | Reduce 4.02% | 112,657 | $71.34 |
| Q2 2024 | -7,898 | Reduce 6.30% | 117,381 | $65.13 |
| Q1 2024 | -13,410 | Reduce 9.67% | 125,279 | $64.40 |
| Q4 2023 | -13,368 | Reduce 8.79% | 138,689 | $70.54 |
| Q3 2023 | -12,199 | Reduce 7.43% | 152,057 | $63.71 |
| Q2 2023 | -15,326 | Reduce 8.53% | 164,256 | $66.89 |
| Q1 2023 | -7,773 | Reduce 4.15% | 179,582 | $67.13 |
| Q4 2022 | -3,696 | Reduce 1.93% | 187,355 | $64.60 |
| Q3 2022 | -3,376 | Reduce 1.74% | 191,051 | $62.84 |
| Q2 2022 | -5,194 | Reduce 2.60% | 194,427 | $70.47 |
| Q1 2022 | -7,750 | Reduce 3.74% | 199,621 | $76.48 |
| Q4 2021 | -6,659 | Reduce 3.11% | 207,371 | $87.66 |
| Q3 2021 | -2,959 | Reduce 1.36% | 214,030 | $78.10 |
| Q2 2021 | -1,523 | Reduce 0.70% | 216,989 | $74.31 |
| Q1 2021 | -12,644 | Reduce 5.47% | 218,512 | $63.64 |
| Q4 2020 | -14,297 | Reduce 5.82% | 231,156 | $63.36 |
| Q3 2020 | -12,433 | Reduce 4.82% | 245,453 | $61.30 |
| Q2 2020 | +21,216 | Add 8.96% | 257,886 | $62.48 |
| Q1 2020 | -13,641 | Reduce 5.45% | 236,670 | $57.48 |
| Q4 2019 | -255,245 | Reduce 50.49% | 250,311 | $70.39 |
| Q3 2019 | +251,100 | Add 98.68% | 505,556 | $33.40 |
| Q2 2019 | -3,426 | Reduce 1.33% | 254,456 | $60.67 |
| Q1 2019 | -2,192 | Reduce 0.84% | 257,882 | $57.15 |
| Q4 2018 | -4,102 | Reduce 1.55% | 260,074 | $48.57 |
| Q3 2018 | -4,836 | Reduce 1.80% | 264,176 | $48.23 |
| Q2 2018 | -4,048 | Reduce 1.48% | 269,012 | $45.95 |
| Q1 2018 | -5,844 | Reduce 2.10% | 273,060 | $43.88 |
| Q4 2017 | -4,438 | Reduce 1.57% | 278,904 | $44.51 |
| Q3 2017 | -10,998 | Reduce 3.74% | 283,342 | $42.54 |
| Q2 2017 | -8,798 | Reduce 2.90% | 294,340 | $43.17 |
| Q1 2017 | -13,834 | Reduce 4.36% | 303,138 | $38.53 |
| Q4 2016 | -13,244 | Reduce 4.01% | 316,972 | $36.05 |
| Q3 2016 | -13,524 | Reduce 3.93% | 330,216 | $38.59 |
| Q2 2016 | -20,648 | Reduce 5.67% | 343,740 | $40.02 |
| Q1 2016 | -21,128 | Reduce 5.48% | 364,388 | $36.37 |
| Q4 2015 | -28,578 | Reduce 6.90% | 385,516 | $33.33 |
| Q3 2015 | -114,854 | Reduce 21.71% | 414,094 | $29.28 |
| Q2 2015 | -26,450 | Reduce 4.76% | 528,948 | $26.29 |
| Q1 2015 | -837,704 | Reduce 60.13% | 555,398 | $27.48 |
| Q4 2014 | -1.26 M | Reduce 47.46% | 1.39 M | $25.77 |
| Q3 2014 | -127,794 | Reduce 4.60% | 2.65 M | $21.18 |
| Q2 2014 | -41,764 | Reduce 1.48% | 2.78 M | $22.08 |
| Q1 2014 | -660,796 | Reduce 18.98% | 2.82 M | $20.32 |
| Q4 2013 | -508,250 | Reduce 12.74% | 3.48 M | $18.12 |
| Q3 2013 | -4.67 M | Reduce 53.94% | 3.99 M | $17.09 |
| Q2 2013 | +8.66 M | Add 0.00% | 8.66 M | $9.82 |
Murray Stahl's Equity LifeStyle Properties Investment FAQs
Murray Stahl first purchased Equity LifeStyle Properties, Inc. (ELS) in Q2 2013, acquiring 8,662,680 shares, as reported in their 13F filing for that period. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.
Murray Stahl has held Equity LifeStyle Properties, Inc. (ELS) for 51 quarters since Q2 2013.
Murray Stahl's largest addition to Equity LifeStyle Properties, Inc. (ELS) was in Q2 2013, adding 8,662,680 shares worth $85.1 M.
According to the latest 13F filing for Q4 2025, Murray Stahl's firm, Horizon Kinetics Asset Management LLC, owns 24,970 shares of Equity LifeStyle Properties, Inc. (ELS), valued at approximately $1.51 M.
As of the Q4 2025 filing, Equity LifeStyle Properties, Inc. (ELS) represents approximately 0.02% of Murray Stahl's publicly disclosed stock portfolio, making it one of their key holdings.
Murray Stahl's peak holding in Equity LifeStyle Properties, Inc. (ELS) was 8,662,680 shares, as reported at the end of Q2 2013.