Extra Space Storage
640 hedge funds and large institutions have $29B invested in Extra Space Storage in 2021 Q4 according to their latest regulatory filings, with 123 funds opening new positions, 211 increasing their positions, 227 reducing their positions, and 60 closing their positions.
105% more first-time investments, than exits
New positions opened: 123 | Existing positions closed: 60
60% more funds holding in top 10
Funds holding in top 10: 5 → 8 (+3)
36% more capital invested
Capital invested by funds: $21.3B → $29B (+$7.69B)
10% more funds holding
Funds holding: 584 → 640 (+56)
1.01% more ownership
Funds ownership: 94.79% → 95.8% (+1%)
7% less repeat investments, than reductions
Existing positions increased: 211 | Existing positions reduced: 227
33% less call options, than puts
Call options by funds: $22.8M | Put options by funds: $34.2M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PAMS
Pictet Asset Management (Switzerland)
Geneva 73,
Switzerland
|
+$157M |
| 2 |
Invesco
Atlanta,
Georgia
|
+$125M |
| 3 |
N
Nuveen
Charlotte,
North Carolina
|
+$119M |
| 4 |
State Street
Boston,
Massachusetts
|
+$107M |
| 5 |
Northern Trust
Chicago,
Illinois
|
+$75M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$84.9M |
| 2 |
Man Group
London,
United Kingdom
|
-$75.5M |
| 3 |
CIM
Centersquare Investment Management
Conshohocken,
Pennsylvania
|
-$59.9M |
| 4 |
Wells Fargo
San Francisco,
California
|
-$56.4M |
| 5 |
Renaissance Technologies
New York
|
-$45.9M |
EXR Hedge Fund Activity: Q4 2021 in Review
640 of the 6,498 institutional investors tracked by Wall St. Rank reported a position in Extra Space Storage (EXR) for Q4 2021, worth a combined $29B — up 36% from $21.3B a quarter earlier.
Buyers outnumbered sellers: 123 funds opened new EXR positions and 60 closed out — a net gain of 63 holders — while 211 added to existing stakes and 227 trimmed.
The largest buyer was Pictet Asset Management (Switzerland), adding an estimated $157M. The largest seller was Millennium Management, cutting an estimated $84.9M.
- 640 institutional investors held Extra Space Storage (EXR) as of Q4 2021, up from 584 in Q3 2021.
- Funds reported $29B of Extra Space Storage stock for Q4 2021, up 36% quarter-over-quarter.
- 123 funds opened new Extra Space Storage positions in Q4 2021 and 60 closed out, a net change of +63 holders.
- The largest Extra Space Storage buyer in Q4 2021 was Pictet Asset Management (Switzerland), an estimated $157M added.
- The largest Extra Space Storage seller in Q4 2021 was Millennium Management, an estimated $84.9M sold.
Based on aggregated 13F filings for Q4 2021.