Equity Residential Ownership

Who are the major shareholders and have insiders been buying or selling?

Recent Insider Transactions

DB:EQR Recent Insider Transactions by Companies or Individuals
Date	Value	Name	Entity	Shares	Max Price
06 Feb 25	Sell€58,686	Catherine Carraway	Individual	845	€69.45
06 Feb 25	Sell€370,871	Scott Fenster	Individual	5,340	€69.45
06 Feb 25	Sell€298,224	Robert Garechana	Individual	4,294	€69.45
06 Feb 25	Sell€44,588	Ian Kaufman	Individual	642	€69.45
06 Feb 25	Sell€659,009	Michael Manelis	Individual	9,487	€69.48
06 Feb 25	Sell€865,295	Alexander Brackenridge	Individual	12,459	€69.45
07 Nov 24	Sell€132,575	Michael Manelis	Individual	2,000	€66.29
28 Aug 24	Sell€66,676	Catherine Carraway	Individual	1,000	€66.68
22 Aug 24	Sell€732,029	Alexander Brackenridge	Individual	11,212	€65.29
21 Aug 24	Sell€118,826	Ian Kaufman	Individual	1,837	€64.68
07 Aug 24	Sell€195,539	Michael Manelis	Individual	3,000	€65.18
24 Jun 24	Sell€409,324	Robert Garechana	Individual	6,357	€64.39
24 Apr 24	Sell€244,988	Alexander Brackenridge	Individual	4,027	€60.84

Insider Trading Volume

Insider Buying: EQR insiders have only sold shares in the past 3 months.

Ownership Breakdown

What is the ownership structure of EQR?
Owner Type	Number of Shares	Ownership Percentage
State or Government	865,019	0.228%
Individual Insiders	1,727,732	0.455%
General Public	17,960,488	4.73%
Sovereign Wealth Funds	34,746,743	9.15%
Institutions	324,405,243	85.4%

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.

Top Shareholders

Top 25 shareholders own 74% of the company

Ownership	Name	Shares	Current Value	Change %	Portfolio %
14.7%	The Vanguard Group, Inc.	55,800,991	€3.9b	0.21%	0.05%
10.5%	BlackRock, Inc.	39,936,750	€2.8b	2.13%	0.04%
9.15%	Norges Bank Investment Management	34,746,743	€2.5b	-1.06%	0.18%
6.26%	State Street Global Advisors, Inc.	23,785,750	€1.7b	-0.57%	0.06%
5.16%	T. Rowe Price Group, Inc.	19,610,561	€1.4b	-0.96%	0.12%
3.19%	Stichting Pensioenfonds ABP	12,095,676	€853.2m	2.05%	1.33%
2.51%	Geode Capital Management, LLC	9,519,627	€671.5m	1.77%	0.04%
2.44%	First Eagle Investment Management, LLC	9,246,832	€652.2m	-0.28%	0.83%
2.08%	Principal Global Investors, LLC	7,900,403	€557.3m	1.97%	0.26%
1.98%	FMR LLC	7,514,607	€530.0m	-0.61%	0.03%
1.71%	Northern Trust Global Investments	6,476,004	€456.8m	53.1%	0.06%
1.67%	UBS Asset Management AG	6,338,408	€447.1m	5.67%	0.04%
1.38%	Dimensional Fund Advisors LP	5,224,576	€368.5m	1.16%	0.05%
1.29%	Legal & General Investment Management Limited	4,914,162	€346.6m	-12.3%	0.07%
1.29%	Resolution Capital Limited	4,891,189	€345.0m	-10.5%	5.29%
1.28%	Canada Pension Plan Investment Board	4,853,450	€342.3m	-3.83%	0.27%
1.07%	Charles Schwab Investment Management, Inc.	4,069,328	€287.0m	1.52%	0.04%
1.03%	Invesco Ltd.	3,904,019	€275.4m	2.46%	0.07%
0.99%	CenterSquare Investment Management LLC	3,746,953	€264.3m	3.05%	3.19%
0.93%	Boston Partners Global Investors, Inc.	3,549,643	€250.4m	5.52%	0.15%
0.91%	Macquarie Investment Management Business Trust	3,465,065	€244.4m	-13.4%	0.29%
0.69%	Invesco Capital Management LLC	2,618,423	€184.7m	29.9%	0.06%
0.63%	American Century Investment Management Inc	2,390,725	€168.6m	-10.1%	0.08%
0.63%	BNY Asset Management	2,377,316	€167.7m	0.73%	0.03%
0.53%	Nikko Asset Management Co., Ltd.	2,011,368	€141.9m	20.8%	0.05%

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2025/02/22 22:49
End of Day Share Price	2025/02/21 00:00
Earnings	2024/12/31
Annual Earnings	2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Equity Residential is covered by 48 analysts. 18 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Jacob Kilstein	Argus Research Company
Amanda Sweitzer	Baird
Richard Hightower	Barclays