Extra Space Storage
494 hedge funds and large institutions have $13.6B invested in Extra Space Storage in 2019 Q4 according to their latest regulatory filings, with 57 funds opening new positions, 205 increasing their positions, 153 reducing their positions, and 50 closing their positions.
75% more funds holding in top 10
Funds holding in top 10: 4 → 7 (+3)
34% more repeat investments, than reductions
Existing positions increased: 205 | Existing positions reduced: 153
14% more first-time investments, than exits
New positions opened: 57 | Existing positions closed: 50
1.79% more ownership
Funds ownership: 98.06% → 99.85% (+1.8%)
1% less funds holding
Funds holding: 499 → 494 (-5)
8% less capital invested
Capital invested by funds: $14.8B → $13.6B (-$1.16B)
66% less call options, than puts
Call options by funds: $7.47M | Put options by funds: $21.9M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Cohen & Steers
New York
|
+$266M |
| 2 |
AAMU
APG Asset Management US
New York
|
+$178M |
| 3 |
Daiwa Securities Group
Tokyo,
Japan
|
+$126M |
| 4 |
BlackRock
New York
|
+$110M |
| 5 |
PI
PGGM Investments
Zeist,
Netherlands
|
+$70.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital Research Global Investors
Los Angeles,
California
|
-$180M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$140M |
| 3 |
CIMLRA
CBRE Investment Management Listed Real Assets
Radnor,
Pennsylvania
|
-$116M |
| 4 |
Morgan Stanley
New York
|
-$79.6M |
| 5 |
State Street
Boston,
Massachusetts
|
-$53.7M |
EXR Hedge Fund Activity: Q4 2019 in Review
494 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in Extra Space Storage (EXR) for Q4 2019, worth a combined $13.6B — down 7.9% from $14.8B a quarter earlier.
Buyers outnumbered sellers: 57 funds opened new EXR positions and 50 closed out — a net gain of 7 holders — while 205 added to existing stakes and 153 trimmed.
The largest buyer was Cohen & Steers, adding an estimated $266M. The largest seller was Capital Research Global Investors, exiting entirely with an estimated $180M sold.
- 494 institutional investors held Extra Space Storage (EXR) as of Q4 2019, down from 499 in Q3 2019.
- Funds reported $13.6B of Extra Space Storage stock for Q4 2019, down 7.9% quarter-over-quarter.
- 57 funds opened new Extra Space Storage positions in Q4 2019 and 50 closed out, a net change of +7 holders.
- The largest Extra Space Storage buyer in Q4 2019 was Cohen & Steers, an estimated $266M added.
- The largest Extra Space Storage seller in Q4 2019 was Capital Research Global Investors, an estimated $180M sold.
Based on aggregated 13F filings for Q4 2019.