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Vanguard holds 4.88M shares in Essex Property Trust (ESS), 7.56% stake

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Form Type
SCHEDULE 13G

Rhea-AI Filing Summary

Essex Property Trust reports a 13G filing showing beneficial ownership of 4,876,667 shares. That stake represents 7.56% of common stock and is held by Vanguard Capital Management as reported in Item 4. The filing notes Vanguard exercises sole dispositive power over the shares and that holdings include managed funds and client accounts.

Positive

  • None.

Negative

  • None.

Insights

Vanguard holds a significant passive stake in Essex at 7.56%.

Schedule 13G filings indicate passive investment positions rather than activist intent. The filing reports 4,876,667 shares beneficially owned with sole dispositive power attributed to Vanguard Capital Management.

Ownership is aggregated across Vanguard funds and managed accounts; subsequent filings could show shifts in percentage if shares change or if filings upgrade to 13D.

Disclosure aligns with Schedule 13G rules for passive investors.

The filing identifies the reporting person, address, CUSIP, and voting/dispositive breakdown consistent with Item 4 requirements. It includes the Item 6 statement about holdings on behalf of others and fund aggregation language per SEC Release No. 34-39538.

Watch for any future amendments or a conversion to Schedule 13D if the holder's intent or control changes.

Beneficial ownership 4,876,667 shares Item 4 beneficially owned
Percent of class 7.56% Item 4 percent of class
Sole voting power 678,391 shares Item 4(i) sole power to vote
Sole dispositive power 4,876,667 shares Item 4(iii) sole power to dispose
CUSIP 297178105 Cover information
Schedule 13G regulatory
"Name of form: SCHEDULE 13G"
A Schedule 13G is a formal document that investors file with the government when they acquire a large ownership stake in a company, usually for investment purposes rather than control. It helps keep the public informed about who owns significant parts of a company's shares, which can influence how the company is managed and how investors make decisions. Filing this schedule is important for transparency and understanding the ownership landscape of publicly traded companies.
Beneficially owned financial
"Amount beneficially owned: 4876667"
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
Sole dispositive power regulatory
"Sole power to dispose or to direct the disposition of: 4876667"
Sole dispositive power is the exclusive legal authority to decide what happens to a security — for example, whether to sell, transfer, or retain shares — without needing anyone else’s permission. Investors care because it signals who truly controls the economic outcome of an investment: like holding the only key to a safe, the holder can realize gains or losses and may trigger regulatory reporting, insider rules, or influence over corporate ownership.
Aggregated holdings financial
"includes securities held by Vanguard funds, or sleeves thereof"

AI-generated analysis. How Rhea-AI works. Not financial advice.

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FAQ

What stake does Vanguard Capital Management hold in Essex Property Trust (ESS)?

Vanguard Capital Management beneficially owns 4,876,667 shares, representing 7.56% of common stock. The filing states Vanguard has sole dispositive power and aggregated holdings include Vanguard funds and managed client accounts.

Does the Schedule 13G filing indicate Vanguard seeks control of ESS?

No. The filing is a Schedule 13G, which signals a passive investment position rather than an activist intent. It shows aggregated fund ownership and does not state any intent to influence control.

How much voting power does Vanguard report for ESS shares?

Vanguard reports 678,391 shares of sole voting power and 0 shared voting power. The filing separates voting authority from dispositive power in Item 4.

Are these shares held directly by Vanguard or on behalf of clients?

The filing states Vanguard holds the shares across Vanguard funds and managed accounts, exercising dispositive power on their behalf. Item 6 confirms holdings are on behalf of other persons and no single other person exceeds 5%.

What CUSIP and issuer are identified in the filing for ESS?

The filing lists issuer Essex Property Trust Inc and CUSIP 297178105. The issuer address is provided as 1100 Park Place, Suite 200, San Mateo, CA.





297178105

(CUSIP Number)
03/31/2026

(Date of Event Which Requires Filing of this Statement)


Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
Rule 13d-1(b)
Rule 13d-1(c)
Rule 13d-1(d)




schemaVersion:


SCHEDULE 13G




Comment for Type of Reporting Person: In accordance with SEC Release No. 34-39538 (January 12, 1998), this Schedule 13G reflects the securities beneficially owned, or deemed to be beneficially owned, by Vanguard Capital Management LLC and the following affiliates of Vanguard Capital Management LLC or business divisions of such affiliates: Vanguard Asset Management Limited, Vanguard Fiduciary Trust Company, Vanguard Global Advisers, LLC and Vanguard Investments Australia Ltd. This Schedule 13G includes securities held by Vanguard funds, or sleeves thereof, over which Vanguard Capital Management LLC exercises dispositive power, in addition to securities held by clients over which the affiliates or business divisions of such affiliates indicated above exercise dispositive and/or voting power. This Schedule 13G does not include securities, if any, beneficially owned by other subsidiaries or affiliates of Vanguard Capital Management LLC, or business divisions of such subsidiaries, whose ownership of securities is disaggregated from that of the reporting business unit in accordance with such release.


SCHEDULE 13G



Vanguard Capital Management
Signature:Ashley Grim
Name/Title:Head of Global Fund Administration
Date:04/29/2026