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Extra Space Storage

451 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.

New
Increased
Maintained
Reduced
Closed

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 (+$1.53B)

2% more funds holding

Funds holding: 444451 (+7)

0% more funds holding in top 10

Funds holding in top 10: 66 (0)

7% less repeat investments, than reductions

Existing positions increased: 151 | Existing positions reduced: 163

1.02% less ownership

Funds ownership: 104.15%103.13% (-1%)

80% less call options, than puts

Call options by funds: $20M | Put options by funds: $101M

Holders
451
Holders Change
+7
Holders Change %
+1.58%
% of All Funds
10.33%
Holding in Top 10
6
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.14%
New
60
Increased
151
Reduced
163
Closed
48
Calls
$20M
Puts
$101M
Net Calls
-$80.7M
Net Calls Change
-$51.1M
Name Holding Trade Value Shares
Change
Change in
Stake
Vanguard Group
1
Vanguard Group
Pennsylvania
$2.03B -$79.6M -855,176 -4%
BlackRock
2
BlackRock
New York
$1.27B +$18.7M +200,476 +2%
Cohen & Steers
3
Cohen & Steers
New York
$1.09B -$22.9M -245,738 -2%
State Street
4
State Street
Massachusetts
$701M +$993K +10,664 +0.2%
CIMLRA
5
CBRE Investment Management Listed Real Assets
Pennsylvania
$458M +$72.8M +781,758 +21%
Fidelity Investments
6
Fidelity Investments
Massachusetts
$453M -$278M -2,991,082 -40%
Invesco
7
Invesco
Georgia
$425M -$44.8M -480,684 -10%
Capital Research Global Investors
8
Capital Research Global Investors
California
$378M
Daiwa Securities Group
9
Daiwa Securities Group
Japan
$309M -$22.3M -239,579 -7%
Principal Financial Group
10
Principal Financial Group
Iowa
$297M +$11.8M +126,354 +4%
Deutsche Bank
11
Deutsche Bank
Germany
$289M -$38.2M -410,171 -12%
Massachusetts Financial Services
12
Massachusetts Financial Services
Massachusetts
$206M +$129M +1,385,706 +206%
Northern Trust
13
Northern Trust
Illinois
$201M -$3.51M -37,751 -2%
Dimensional Fund Advisors
14
Dimensional Fund Advisors
Texas
$193M +$1.99M +21,389 +1%
APG Asset Management
15
APG Asset Management
Netherlands
$183M -$7.04M -75,600 -3%
Geode Capital Management
16
Geode Capital Management
Massachusetts
$167M +$6.37M +68,406 +4%
Charles Schwab
17
Charles Schwab
California
$159M +$7.58M +81,458 +5%
AAMU
18
APG Asset Management US
New York
$153M +$4.52M +48,500 +3%
PAMU
19
Pictet Asset Management (UK)
United Kingdom
$144M +$129M +1,381,293 +2,127%
Goldman Sachs
20
Goldman Sachs
New York
$137M -$47.5M -510,419 -27%
Bank of New York Mellon
21
Bank of New York Mellon
New York
$134M +$3.2M +34,402 +3%
CIM
22
Centersquare Investment Management
Pennsylvania
$120M +$21.1M +226,497 +23%
Russell Investments Group
23
Russell Investments Group
United Kingdom
$103M +$8.05M +86,486 +9%
Legal & General Group
24
Legal & General Group
United Kingdom
$90.5M -$732K -7,864 -0.9%
Prudential Financial
25
Prudential Financial
New Jersey
$88.4M +$27.6M +296,053 +50%

EXR Hedge Fund Activity: Q2 2018 in Review

451 of the 4,368 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.

  • 451 institutional investors held Extra Space Storage (EXR) as of Q2 2018, up from 444 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.