Extra Space Storage
390 hedge funds and large institutions have $9.65B invested in Extra Space Storage in 2017 Q1 according to their latest regulatory filings, with 52 funds opening new positions, 145 increasing their positions, 159 reducing their positions, and 34 closing their positions.
1,040% more call options, than puts
Call options by funds: $39.9M | Put options by funds: $3.5M
53% more first-time investments, than exits
New positions opened: 52 | Existing positions closed: 34
3% more funds holding
Funds holding: 380 → 390 (+10)
1.39% more ownership
Funds ownership: 101.61% → 102.99% (+1.4%)
2% less capital invested
Capital invested by funds: $9.87B → $9.65B (-$223M)
9% less repeat investments, than reductions
Existing positions increased: 145 | Existing positions reduced: 159
33% less funds holding in top 10
Funds holding in top 10: 6 → 4 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$850M |
| 2 |
Capital Research Global Investors
Los Angeles,
California
|
+$138M |
| 3 |
Cohen & Steers
New York
|
+$113M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$75.3M |
| 5 |
Daiwa Securities Group
Tokyo,
Japan
|
+$40.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$112M |
| 2 |
ACI
AMP Capital Investors
Sydney,
Australia
|
-$52.9M |
| 3 |
Invesco
Atlanta,
Georgia
|
-$51.5M |
| 4 |
WMSA
Weiss Multi-Strategy Advisers
New York
|
-$37.3M |
| 5 |
Prudential Financial
Newark,
New Jersey
|
-$33.4M |
EXR Hedge Fund Activity: Q1 2017 in Review
390 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in Extra Space Storage (EXR) for Q1 2017, worth a combined $9.65B — down 2.3% from $9.87B a quarter earlier.
Buyers outnumbered sellers: 52 funds opened new EXR positions and 34 closed out — a net gain of 18 holders — while 145 added to existing stakes and 159 trimmed.
The largest buyer was BlackRock, adding an estimated $850M. The largest seller was Fidelity Investments, cutting an estimated $112M.
- 390 institutional investors held Extra Space Storage (EXR) as of Q1 2017, up from 380 in Q4 2016.
- Funds reported $9.65B of Extra Space Storage stock for Q1 2017, down 2.3% quarter-over-quarter.
- 52 funds opened new Extra Space Storage positions in Q1 2017 and 34 closed out, a net change of +18 holders.
- The largest Extra Space Storage buyer in Q1 2017 was BlackRock, an estimated $850M added.
- The largest Extra Space Storage seller in Q1 2017 was Fidelity Investments, an estimated $112M sold.
Based on aggregated 13F filings for Q1 2017.