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.
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: 451 → 462 (+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: 6 → 5 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Janus Henderson Group
London,
United Kingdom
|
+$75.5M |
| 2 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$72.2M |
| 3 |
B
Barings
Charlotte,
North Carolina
|
+$58.6M |
| 4 |
Millennium Management
New York
|
+$48M |
| 5 |
N
Nuveen
Charlotte,
North Carolina
|
+$42.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Cohen & Steers
New York
|
-$271M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$123M |
| 3 |
CIMLRA
CBRE Investment Management Listed Real Assets
Radnor,
Pennsylvania
|
-$80.7M |
| 4 |
PAMU
Pictet Asset Management (UK)
London,
United Kingdom
|
-$70.6M |
| 5 |
Daiwa Securities Group
Tokyo,
Japan
|
-$49.2M |
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.