Extra Space Storage
452 hedge funds and large institutions have $13B invested in Extra Space Storage in 2018 Q2 according to their latest regulatory filings, with 60 funds opening new positions, 151 increasing their positions, 163 reducing their positions, and 48 closing their positions.
25% more first-time investments, than exits
New positions opened: 60 | Existing positions closed: 48
13% more capital invested
Capital invested by funds: $11.4B → $13B (+$1.54B)
2% more funds holding
Funds holding: 445 → 452 (+7)
0% more funds holding in top 10
Funds holding in top 10: 6 → 6 (0)
0.91% less ownership
Funds ownership: 104.04% → 103.13% (-0.91%)
7% less repeat investments, than reductions
Existing positions increased: 151 | Existing positions reduced: 163
80% less call options, than puts
Call options by funds: $20M | Put options by funds: $101M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Massachusetts Financial Services
Boston,
Massachusetts
|
+$129M |
| 2 |
PAMU
Pictet Asset Management (UK)
London,
United Kingdom
|
+$129M |
| 3 |
CIMLRA
CBRE Investment Management Listed Real Assets
Radnor,
Pennsylvania
|
+$72.8M |
| 4 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
+$62.1M |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
+$32.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$278M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
-$79.6M |
| 3 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$54.8M |
| 4 |
Goldman Sachs
New York
|
-$47.5M |
| 5 |
Invesco
Atlanta,
Georgia
|
-$44.8M |
EXR Hedge Fund Activity: Q2 2018 in Review
452 of the 4,385 institutional investors tracked by Wall St. Rank reported a position in Extra Space Storage (EXR) for Q2 2018, worth a combined $13B — up 13% from $11.4B a quarter earlier.
Buyers outnumbered sellers: 60 funds opened new EXR positions and 48 closed out — a net gain of 12 holders — while 151 added to existing stakes and 163 trimmed.
The largest buyer was Massachusetts Financial Services, adding an estimated $129M. The largest seller was Fidelity Investments, cutting an estimated $278M.
- 452 institutional investors held Extra Space Storage (EXR) as of Q2 2018, up from 445 in Q1 2018.
- Funds reported $13B of Extra Space Storage stock for Q2 2018, up 13% quarter-over-quarter.
- 60 funds opened new Extra Space Storage positions in Q2 2018 and 48 closed out, a net change of +12 holders.
- The largest Extra Space Storage buyer in Q2 2018 was Massachusetts Financial Services, an estimated $129M added.
- The largest Extra Space Storage seller in Q2 2018 was Fidelity Investments, an estimated $278M sold.
Based on aggregated 13F filings for Q2 2018.