Extra Space Storage
275 hedge funds and large institutions have $4.87B invested in Extra Space Storage in 2013 Q4 according to their latest regulatory filings, with 40 funds opening new positions, 110 increasing their positions, 102 reducing their positions, and 16 closing their positions.
150% more first-time investments, than exits
New positions opened: 40 | Existing positions closed: 16
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
49% more call options, than puts
Call options by funds: $3.84M | Put options by funds: $2.58M
10% more funds holding
Funds holding: 251 → 275 (+24)
2.81% more ownership
Funds ownership: 97.25% → 100.06% (+2.8%)
8% more repeat investments, than reductions
Existing positions increased: 110 | Existing positions reduced: 102
1% less capital invested
Capital invested by funds: $4.94B → $4.87B (-$65.5M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WMSA
Weiss Multi-Strategy Advisers
New York
|
+$39.4M |
| 2 |
Neuberger Berman Group
New York
|
+$34.1M |
| 3 |
HRES
Heitman Real Estate Securities
Chicago,
Illinois
|
+$27.9M |
| 4 |
UOC
UBS O'Connor
Chicago,
Illinois
|
+$27.1M |
| 5 |
Wellington Management Group
Boston,
Massachusetts
|
+$25.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VOYA Investment Management
Atlanta,
Georgia
|
-$46.5M |
| 2 |
AIM
abrdn Investment Management
Edinburgh,
United Kingdom
|
-$37.8M |
| 3 |
AllianceBernstein
Nashville,
Tennessee
|
-$29.5M |
| 4 |
AAMU
APG Asset Management US
New York
|
-$28.8M |
| 5 |
O
OppenheimerFunds
New York
|
-$28.3M |
EXR Hedge Fund Activity: Q4 2013 in Review
275 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in Extra Space Storage (EXR) for Q4 2013, worth a combined $4.87B — down 1.3% from $4.94B a quarter earlier.
Buyers outnumbered sellers: 40 funds opened new EXR positions and 16 closed out — a net gain of 24 holders — while 110 added to existing stakes and 102 trimmed.
The largest buyer was Weiss Multi-Strategy Advisers, opening a new position worth an estimated $39.4M. The largest seller was VOYA Investment Management, cutting an estimated $46.5M.
- 275 institutional investors held Extra Space Storage (EXR) as of Q4 2013, up from 251 in Q3 2013.
- Funds reported $4.87B of Extra Space Storage stock for Q4 2013, down 1.3% quarter-over-quarter.
- 40 funds opened new Extra Space Storage positions in Q4 2013 and 16 closed out, a net change of +24 holders.
- The largest Extra Space Storage buyer in Q4 2013 was Weiss Multi-Strategy Advisers, an estimated $39.4M added.
- The largest Extra Space Storage seller in Q4 2013 was VOYA Investment Management, an estimated $46.5M sold.
Based on aggregated 13F filings for Q4 2013.