bhūtānām - of the physical elements; asi - You are; bhūta-ādiḥ - their source, false ego in the mode of ignorance; indriyāṇām - of the senses; ca - and; taijasaḥ - false ego in the mode of passion; vaikārikaḥ - false ego in the mode of goodness; vikalpānām - of the creative demigods; pradhānam - the unmanifest, total material energy; anuśāyinam - underlying.

You are false ego in the mode of ignorance, which is the source of the physical elements; false ego in the mode of passion, which is the source of the bodily senses; false ego in the mode of goodness, which is the source of the demigods; and the unmanifest, total material energy, which underlies everything.