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Extra Space Storage

462 hedge funds and large institutions have $11.2B invested in Extra Space Storage in 2018 Q3 according to their latest regulatory filings, with 55 funds opening new positions, 173 increasing their positions, 159 reducing their positions, and 40 closing their positions.

New
Increased
Maintained
Reduced
Closed

245% more call options, than puts

Call options by funds: $37.6M | Put options by funds: $10.9M

38% more first-time investments, than exits

New positions opened: 55 | Existing positions closed: 40

2% more funds holding

Funds holding: 451462 (+11)

9% more repeat investments, than reductions

Existing positions increased: 173 | Existing positions reduced: 159

1.12% less ownership

Funds ownership: 103.13%102.01% (-1.1%)

14% less capital invested

Capital invested by funds: $13B → $11.2B (-$1.8B)

17% less funds holding in top 10

Funds holding in top 10: 65 (-1)

Holders
462
Holders Change
+11
Holders Change %
+2.44%
% of All Funds
10.56%
Holding in Top 10
5
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-16.67%
% of All Funds
0.11%
New
55
Increased
173
Reduced
159
Closed
40
Calls
$37.6M
Puts
$10.9M
Net Calls
+$26.7M
Net Calls Change
+$107M
Name Holding Trade Value Shares
Change
Change in
Stake
Russell Investments Group
26
Russell Investments Group
United Kingdom
$73.1M -$17.4M -187,730 -18%
UBS AM
27
UBS AM
Illinois
$71.7M -$2.15M -23,119 -3%
Norges Bank
28
Norges Bank
Norway
$70.5M +$3.94M +42,431 +6%
N
29
Nuveen
North Carolina
$68.9M +$42.6M +459,347 +137%
JP Morgan Chase
30
JP Morgan Chase
New York
$65.7M +$13.9M +150,179 +25%
DPIM
31
Duff & Phelps Investment Management
Illinois
$65.5M +$18.6M +199,925 +36%
PI
32
PGGM Investments
Netherlands
$65.3M
Bank of America
33
Bank of America
North Carolina
$62.7M +$15.6M +168,169 +30%
PAMU
34
Pictet Asset Management (UK)
United Kingdom
$59.4M -$70.6M -760,421 -53%
Aberdeen Group
35
Aberdeen Group
United Kingdom
$59.1M +$244K +2,628 +0.4%
BCM
36
Bridgeway Capital Management
Texas
$58.2M +$418K +4,500 +0.7%
TA
37
Teachers Advisors
New York
$58M +$1.62M +17,411 +3%
T
38
TOBAM
France
$56M -$12.5M -134,409 -17%
B
39
Barings
North Carolina
$55.4M +$58.6M +631,531 +7,994%
ACM
40
Adelante Capital Management
California
$54.9M +$13.9M +149,741 +31%
Ameriprise
41
Ameriprise
Minnesota
$53.2M +$2.78M +29,942 +5%
Millennium Management
42
Millennium Management
New York
$49.5M +$48M +517,073 +944%
TCIM
43
TIAA CREF Investment Management
New York
$49.5M +$9.37M +100,881 +21%
Morgan Stanley
44
Morgan Stanley
New York
$45.6M +$3.19M +34,310 +7%
HRES
45
Heitman Real Estate Securities
Illinois
$44.4M +$1.01M +10,870 +2%
PNC Financial Services Group
46
PNC Financial Services Group
Pennsylvania
$44.3M -$451K -4,860 -0.9%
California Public Employees Retirement System
47
California Public Employees Retirement System
California
$43.7M +$6.25M +67,305 +15%
Sumitomo Mitsui Trust Group
48
Sumitomo Mitsui Trust Group
Japan
$43M +$2M +21,589 +5%
Asset Management One
49
Asset Management One
Japan
$42.1M -$1.92M -20,705 -4%
Swiss National Bank
50
Swiss National Bank
Switzerland
$41.6M -$1.55M -16,700 -3%

EXR Hedge Fund Activity: Q3 2018 in Review

462 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in Extra Space Storage (EXR) for Q3 2018, worth a combined $11.2B — down 14% from $13B a quarter earlier.

Buyers outnumbered sellers: 55 funds opened new EXR positions and 40 closed out — a net gain of 15 holders — while 173 added to existing stakes and 159 trimmed.

The largest buyer was Janus Henderson Group, adding an estimated $75.5M. The largest seller was Cohen & Steers, cutting an estimated $271M.

  • 462 institutional investors held Extra Space Storage (EXR) as of Q3 2018, up from 451 in Q2 2018.
  • Funds reported $11.2B of Extra Space Storage stock for Q3 2018, down 14% quarter-over-quarter.
  • 55 funds opened new Extra Space Storage positions in Q3 2018 and 40 closed out, a net change of +15 holders.
  • The largest Extra Space Storage buyer in Q3 2018 was Janus Henderson Group, an estimated $75.5M added.
  • The largest Extra Space Storage seller in Q3 2018 was Cohen & Steers, an estimated $271M sold.

Based on aggregated 13F filings for Q3 2018.