Extra Space Storage
578 hedge funds and large institutions have $21.5B invested in Extra Space Storage in 2023 Q1 according to their latest regulatory filings, with 69 funds opening new positions, 219 increasing their positions, 197 reducing their positions, and 66 closing their positions.
88% more call options, than puts
Call options by funds: $24.5M | Put options by funds: $13.1M
50% more funds holding in top 10
Funds holding in top 10: 4 → 6 (+2)
14% more capital invested
Capital invested by funds: $18.9B → $21.5B (+$2.63B)
11% more repeat investments, than reductions
Existing positions increased: 219 | Existing positions reduced: 197
1.92% more ownership
Funds ownership: 97.08% → 99% (+1.9%)
5% more first-time investments, than exits
New positions opened: 69 | Existing positions closed: 66
2% less funds holding
Funds holding: 589 → 578 (-11)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital International Investors
Los Angeles,
California
|
+$333M |
| 2 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$125M |
| 3 |
Capital World Investors
Los Angeles,
California
|
+$114M |
| 4 |
HRES
Heitman Real Estate Securities
Chicago,
Illinois
|
+$97.5M |
| 5 |
State Street
Boston,
Massachusetts
|
+$83.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$375M |
| 2 |
Schroder Investment Management Group
London,
United Kingdom
|
-$84.8M |
| 3 |
Massachusetts Financial Services
Boston,
Massachusetts
|
-$68.6M |
| 4 |
Goldman Sachs
New York
|
-$58.4M |
| 5 |
DPIM
Duff & Phelps Investment Management
Chicago,
Illinois
|
-$55.1M |
EXR Hedge Fund Activity: Q1 2023 in Review
578 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Extra Space Storage (EXR) for Q1 2023, worth a combined $21.5B — up 14% from $18.9B a quarter earlier.
Buyers outnumbered sellers: 69 funds opened new EXR positions and 66 closed out — a net gain of 3 holders — while 219 added to existing stakes and 197 trimmed.
The largest buyer was Capital International Investors, opening a new position worth an estimated $333M. The largest seller was Fidelity Investments, cutting an estimated $375M.
- 578 institutional investors held Extra Space Storage (EXR) as of Q1 2023, down from 589 in Q4 2022.
- Funds reported $21.5B of Extra Space Storage stock for Q1 2023, up 14% quarter-over-quarter.
- 69 funds opened new Extra Space Storage positions in Q1 2023 and 66 closed out, a net change of +3 holders.
- The largest Extra Space Storage buyer in Q1 2023 was Capital International Investors, an estimated $333M added.
- The largest Extra Space Storage seller in Q1 2023 was Fidelity Investments, an estimated $375M sold.
Based on aggregated 13F filings for Q1 2023.