Extra Space Storage
395 hedge funds and large institutions have $10B invested in Extra Space Storage in 2016 Q3 according to their latest regulatory filings, with 58 funds opening new positions, 145 increasing their positions, 148 reducing their positions, and 68 closing their positions.
238% more call options, than puts
Call options by funds: $24.1M | Put options by funds: $7.13M
3.11% more ownership
Funds ownership: 97.65% → 100.76% (+3.1%)
2% less repeat investments, than reductions
Existing positions increased: 145 | Existing positions reduced: 148
3% less funds holding
Funds holding: 409 → 395 (-14)
11% less capital invested
Capital invested by funds: $11.3B → $10B (-$1.28B)
13% less funds holding in top 10
Funds holding in top 10: 8 → 7 (-1)
15% less first-time investments, than exits
New positions opened: 58 | Existing positions closed: 68
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$278M |
| 2 |
Invesco
Atlanta,
Georgia
|
+$216M |
| 3 |
SAMC
Shinko Asset Management Company
Tokyo,
Japan
|
+$150M |
| 4 |
SCRM
Security Capital Research & Management
Chicago,
Illinois
|
+$89.5M |
| 5 |
SBAM
Santa Barbara Asset Management
Los Angeles,
California
|
+$84.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$202M |
| 2 |
JP Morgan Chase
New York
|
-$94.8M |
| 3 |
O
OppenheimerFunds
New York
|
-$71.9M |
| 4 |
PI
PGGM Investments
Zeist,
Netherlands
|
-$46.5M |
| 5 |
GE
General Electric
Evendale,
Ohio
|
-$37.4M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CCA
451
Checchi Capital Advisers
Beverly Hills,
California
| – | -$53K | -574 | Closed |
|
|
DAM
452
Delta Asset Management
Memphis,
Tennessee
| – | -$49K | -525 | Closed |
|
|
FMII
453
Farmers & Merchants Investments Inc
Lincoln,
Nebraska
| – | -$28K | -300 | Closed |
|
|
WP
454
WealthPLAN Partners
Omaha,
Nebraska
| – | -$15 | -166 | Closed |
|
|
FNBT
455
FineMark National Bank & Trust
Fort Myers,
Florida
| – | -$5K | -49 | Closed |
|
456
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | -$4K | -38 | Closed |
|
|
VCM
457
Vigilant Capital Management
Portland,
Maine
| – | -$2K | -25 | Closed |
|
|
JIR
458
James Investment Research
Alpha,
Ohio
| – | -$2K | -21 | Closed |
|
|
S
459
SignatureFD
Atlanta,
Georgia
| – | -$1K | -12 | Closed |
|
|
CAM
460
ClariVest Asset Management
San Diego,
California
| – | -$1K | -9 | Closed |
|
|
GWS
461
Glassman Wealth Services
Vienna,
Virginia
| – | +$422 | +5 | New |
|
|
PFBT
462
Parkside Financial Bank & Trust
Saint Louis,
Missouri
| – | +$506 | +6 | New |
|
EXR Hedge Fund Activity: Q3 2016 in Review
395 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Extra Space Storage (EXR) for Q3 2016, worth a combined $10B — down 11% from $11.3B a quarter earlier.
Sellers outnumbered buyers: 68 funds closed out of EXR and 58 opened new positions — a net loss of 10 holders — while 148 trimmed existing stakes and 145 added.
The largest buyer was Fidelity Investments, adding an estimated $278M. The largest seller was Deutsche Bank, cutting an estimated $202M.
- 395 institutional investors held Extra Space Storage (EXR) as of Q3 2016, down from 409 in Q2 2016.
- Funds reported $10B of Extra Space Storage stock for Q3 2016, down 11% quarter-over-quarter.
- 58 funds opened new Extra Space Storage positions in Q3 2016 and 68 closed out, a net change of -10 holders.
- The largest Extra Space Storage buyer in Q3 2016 was Fidelity Investments, an estimated $278M added.
- The largest Extra Space Storage seller in Q3 2016 was Deutsche Bank, an estimated $202M sold.
Based on aggregated 13F filings for Q3 2016.