Extra Space Storage
383 hedge funds and large institutions have $10.5B invested in Extra Space Storage in 2017 Q2 according to their latest regulatory filings, with 40 funds opening new positions, 168 increasing their positions, 129 reducing their positions, and 45 closing their positions.
75% more funds holding in top 10
Funds holding in top 10: 4 → 7 (+3)
30% more repeat investments, than reductions
Existing positions increased: 168 | Existing positions reduced: 129
8% more capital invested
Capital invested by funds: $9.65B → $10.5B (+$819M)
3.53% more ownership
Funds ownership: 102.99% → 106.53% (+3.5%)
2% less funds holding
Funds holding: 390 → 383 (-7)
11% less first-time investments, than exits
New positions opened: 40 | Existing positions closed: 45
25% less call options, than puts
Call options by funds: $11.3M | Put options by funds: $15.1M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CIMLRA
CBRE Investment Management Listed Real Assets
Radnor,
Pennsylvania
|
+$299M |
| 2 |
Capital Research Global Investors
Los Angeles,
California
|
+$142M |
| 3 |
JP Morgan Chase
New York
|
+$62.5M |
| 4 |
B
Barings
Charlotte,
North Carolina
|
+$54.4M |
| 5 |
BlackRock
New York
|
+$26.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
-$83.1M |
| 2 |
Cohen & Steers
New York
|
-$82.1M |
| 3 |
Daiwa Securities Group
Tokyo,
Japan
|
-$77.4M |
| 4 |
ACI
AMP Capital Investors
Sydney,
Australia
|
-$58.7M |
| 5 |
O
OppenheimerFunds
New York
|
-$58.3M |
EXR Hedge Fund Activity: Q2 2017 in Review
383 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Extra Space Storage (EXR) for Q2 2017, worth a combined $10.5B — up 8.5% from $9.65B a quarter earlier.
Sellers outnumbered buyers: 45 funds closed out of EXR and 40 opened new positions — a net loss of 5 holders — while 129 trimmed existing stakes and 168 added.
The largest buyer was CBRE Investment Management Listed Real Assets, opening a new position worth an estimated $299M. The largest seller was Invesco, cutting an estimated $83.1M.
- 383 institutional investors held Extra Space Storage (EXR) as of Q2 2017, down from 390 in Q1 2017.
- Funds reported $10.5B of Extra Space Storage stock for Q2 2017, up 8.5% quarter-over-quarter.
- 40 funds opened new Extra Space Storage positions in Q2 2017 and 45 closed out, a net change of -5 holders.
- The largest Extra Space Storage buyer in Q2 2017 was CBRE Investment Management Listed Real Assets, an estimated $299M added.
- The largest Extra Space Storage seller in Q2 2017 was Invesco, an estimated $83.1M sold.
Based on aggregated 13F filings for Q2 2017.