Extra Space Storage
259 hedge funds and large institutions have $5.46B invested in Extra Space Storage in 2014 Q1 according to their latest regulatory filings, with 18 funds opening new positions, 99 increasing their positions, 110 reducing their positions, and 31 closing their positions.
83% more call options, than puts
Call options by funds: $1.46M | Put options by funds: $800K
12% more capital invested
Capital invested by funds: $4.87B → $5.46B (+$583M)
2.77% less ownership
Funds ownership: 100.06% → 97.29% (-2.8%)
6% less funds holding
Funds holding: 275 → 259 (-16)
10% less repeat investments, than reductions
Existing positions increased: 99 | Existing positions reduced: 110
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
42% less first-time investments, than exits
New positions opened: 18 | Existing positions closed: 31
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Cohen & Steers
New York
|
+$143M |
| 2 |
Daiwa Securities Group
Tokyo,
Japan
|
+$43.6M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$38.3M |
| 4 |
Jennison Associates
New York
|
+$36.1M |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
+$28.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Principal Financial Group
Des Moines,
Iowa
|
-$42.5M |
| 2 |
JP Morgan Chase
New York
|
-$41M |
| 3 |
ACI
AMP Capital Investors
Sydney,
Australia
|
-$40.9M |
| 4 |
WMSA
Weiss Multi-Strategy Advisers
New York
|
-$21.8M |
| 5 |
N
Nuveen
Charlotte,
North Carolina
|
-$21.1M |
EXR Hedge Fund Activity: Q1 2014 in Review
259 of the 3,462 institutional investors tracked by Wall St. Rank reported a position in Extra Space Storage (EXR) for Q1 2014, worth a combined $5.46B — up 12% from $4.87B a quarter earlier.
Sellers outnumbered buyers: 31 funds closed out of EXR and 18 opened new positions — a net loss of 13 holders — while 110 trimmed existing stakes and 99 added.
The largest buyer was Cohen & Steers, adding an estimated $143M. The largest seller was Principal Financial Group, cutting an estimated $42.5M.
- 259 institutional investors held Extra Space Storage (EXR) as of Q1 2014, down from 275 in Q4 2013.
- Funds reported $5.46B of Extra Space Storage stock for Q1 2014, up 12% quarter-over-quarter.
- 18 funds opened new Extra Space Storage positions in Q1 2014 and 31 closed out, a net change of -13 holders.
- The largest Extra Space Storage buyer in Q1 2014 was Cohen & Steers, an estimated $143M added.
- The largest Extra Space Storage seller in Q1 2014 was Principal Financial Group, an estimated $42.5M sold.
Based on aggregated 13F filings for Q1 2014.