All US holdings of this investor are reported in this report. The Form 13F report requires disclosure of the manager that files the report, the name and class of the security, the CUSIP code, the number of shares as
of the end of the calendar quarter for which the report is filed, and the total market value. The market value
column should not be used as a substitute for Assets Under Management (AUM), as it does not include cash held in
accounts.
* Reported Price is the price of the security as of the portfolio date. This value is significant in that it is the last known price at which the security was still held.
An asterisk sign (*) next to the price indicates that the price is likely invalid.
Person Signing this Report on Behalf of Reporting Manager:
Name
Title
City, State
Date
Philip Tinkler
Chief Financial Officer
Chicago, Illinois
2/14/2024
In connection with its role as executor of Samuel Zell's estate, the Reporting Person intends to enter into a trading plan in order to effect sales of up to approximately 6.1 million aggregate shares of common stock, $0.01 par value, of Equity Lifestyle Properties, Inc. ("ELS"). As such, while this Form 13F for Q4 2023 reports an aggregate 9.0 million shares of ELS, the Reporting Person expects that position to decrease during 2024. While the Reporting Person expects the sales under the trading plan to be completed by the end of 2024, any such sales would only be effected in accordance with the terms and conditions of the trading plan, including but not limited to specific price and other parameters.
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