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Vanguard Portfolio Management (ESS) reports 8.52% ownership in Essex Property Trust

(Moderate)
(Neutral)
Form Type
SCHEDULE 13G

Rhea-AI Filing Summary

Essex Property Trust Inc ownership filing: Vanguard Portfolio Management reports beneficial ownership of 5,495,779 shares of Common Stock, representing 8.52% of the class as of 03/31/2026. The filing states Vanguard exercises dispositive power for these shares and holds voting/dispositive authority on behalf of various Vanguard affiliates and client accounts.

Positive

  • None.

Negative

  • None.

Insights

Vanguard holds an 8.52% stake in ESS, reported as beneficial ownership.

Vanguard Portfolio Management reports beneficial ownership of 5,495,779 shares and discloses sole dispositive power over that amount. The filing follows Schedule 13G disclosure conventions for passive or qualifying institutional investors.

Ownership is reported as exercised on behalf of Vanguard funds and managed accounts; cash‑flow treatment and trading intentions are not stated in the excerpt.

Filing includes detailed power breakdown and standard affiliate disclosure.

The report lists 7,732 shares of sole voting power and 5,495,779 shares of sole dispositive power, consistent with institutional reporting where voting and dispositive powers differ. It cites SEC Release No. 34-39538 to explain aggregation rules across Vanguard entities.

Filings of this type typically reflect holding thresholds rather than active strategy; subsequent filings would show any material changes.

Beneficial ownership 5,495,779 shares as of 03/31/2026
Percent of class 8.52% reported on Schedule 13G
Sole voting power 7,732 shares voting power reported by Vanguard
Sole dispositive power 5,495,779 shares dispositive power reported by Vanguard
CUSIP 297178105 Essex Property Trust common stock identifier
beneficially owned regulatory
"reflects the securities beneficially owned, or deemed to be beneficially owned"
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.
dispositive power regulatory
"sole power to dispose or to direct the disposition of: 5495779"
Dispositive power is the authority to decide the final outcome of an asset, legal claim, contract, or corporate action — in effect the power to dispose of or resolve something. For investors it matters because whoever holds that authority can determine who gets paid, who controls an asset or vote, and how risks and returns are allocated; think of it like holding the key that lets you lock in the winner or loser in a deal.
Schedule 13G regulatory
"form_type: 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.
SEC Release No. 34-39538 regulatory
"In accordance with SEC Release No. 34-39538 (January 12, 1998)"

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

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FAQ

How many ESS shares does Vanguard Portfolio Management report owning?

Vanguard Portfolio Management reports beneficial ownership of 5,495,779 shares of Essex Property Trust common stock, representing 8.52% of the class as of 03/31/2026.

Does Vanguard have voting control over the reported ESS shares?

Vanguard reports 7,732 shares of sole voting power and discloses sole dispositive power over 5,495,779 shares; shared voting and dispositive powers are reported as 0.

Are the listed ESS shares held for Vanguard funds or clients?

The filing states these shares are held across Vanguard funds and managed client accounts, and Vanguard entities exercise dispositive power on behalf of those funds and accounts.

What type of SEC filing reports this ownership for ESS?

This ownership is reported on a Schedule 13G, which institutions use to disclose beneficial ownership when meeting passive/qualified investor conditions rather than active acquisition intent.

Who signed the Schedule 13G for Vanguard's ESS holdings?

The Schedule 13G excerpt is signed by Ashley Grim, Head of Global Fund Administration, with a signature date of 04/29/2026.





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 Portfolio Management LLC and the following affiliates of Vanguard Portfolio Management LLC or business divisions of such affiliates: Vanguard Fiduciary Trust Company and Vanguard Global Advisers, LLC. This Schedule 13G includes securities held by Vanguard funds, or sleeves thereof, over which Vanguard Portfolio 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 Portfolio 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 Portfolio Management
Signature:Ashley Grim
Name/Title:Head of Global Fund Administration
Date:04/29/2026