Extra Space Storage
439 hedge funds and large institutions have $11.5B invested in Extra Space Storage in 2017 Q4 according to their latest regulatory filings, with 75 funds opening new positions, 152 increasing their positions, 146 reducing their positions, and 24 closing their positions.
213% more first-time investments, than exits
New positions opened: 75 | Existing positions closed: 24
13% more funds holding
Funds holding: 389 → 439 (+50)
7% more capital invested
Capital invested by funds: $10.7B → $11.5B (+$787M)
4% more repeat investments, than reductions
Existing positions increased: 152 | Existing positions reduced: 146
1.8% less ownership
Funds ownership: 106.75% → 104.95% (-1.8%)
40% less funds holding in top 10
Funds holding in top 10: 5 → 3 (-2)
77% less call options, than puts
Call options by funds: $9.75M | Put options by funds: $42M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Cohen & Steers
New York
|
+$224M |
| 2 |
Bank of New York Mellon
New York
|
+$69.4M |
| 3 |
NIPH
NN Investment Partners Holdings
The Hague,
Netherlands
|
+$62.4M |
| 4 |
APG Asset Management
Amsterdam,
Netherlands
|
+$57.1M |
| 5 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
+$42.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$165M |
| 2 |
SCRM
Security Capital Research & Management
Chicago,
Illinois
|
-$141M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
-$105M |
| 4 |
Capital Research Global Investors
Los Angeles,
California
|
-$95.7M |
| 5 |
SBAM
Santa Barbara Asset Management
Los Angeles,
California
|
-$91.5M |
EXR Hedge Fund Activity: Q4 2017 in Review
439 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in Extra Space Storage (EXR) for Q4 2017, worth a combined $11.5B — up 7.3% from $10.7B a quarter earlier.
Buyers outnumbered sellers: 75 funds opened new EXR positions and 24 closed out — a net gain of 51 holders — while 152 added to existing stakes and 146 trimmed.
The largest buyer was Cohen & Steers, adding an estimated $224M. The largest seller was Bank of America, cutting an estimated $165M.
- 439 institutional investors held Extra Space Storage (EXR) as of Q4 2017, up from 389 in Q3 2017.
- Funds reported $11.5B of Extra Space Storage stock for Q4 2017, up 7.3% quarter-over-quarter.
- 75 funds opened new Extra Space Storage positions in Q4 2017 and 24 closed out, a net change of +51 holders.
- The largest Extra Space Storage buyer in Q4 2017 was Cohen & Steers, an estimated $224M added.
- The largest Extra Space Storage seller in Q4 2017 was Bank of America, an estimated $165M sold.
Based on aggregated 13F filings for Q4 2017.