National Storage Affiliates Trust
NSA
152 hedge funds and large institutions have $836M invested in National Storage Affiliates Trust in 2016 Q4 according to their latest regulatory filings, with 35 funds opening new positions, 61 increasing their positions, 38 reducing their positions, and 15 closing their positions.
133% more first-time investments, than exits
New positions opened: 35 | Existing positions closed: 15
61% more repeat investments, than reductions
Existing positions increased: 61 | Existing positions reduced: 38
30% more capital invested
Capital invested by funds: $645M → $836M (+$191M)
11% more funds holding
Funds holding: 137 → 152 (+15)
2.49% more ownership
Funds ownership: 86.79% → 89.28% (+2.5%)
52% less call options, than puts
Call options by funds: $594K | Put options by funds: $1.23M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TCM
TimesSquare Capital Management
New York
|
+$33M |
| 2 |
Jennison Associates
New York
|
+$23.5M |
| 3 |
Principal Financial Group
Des Moines,
Iowa
|
+$16.4M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$16M |
| 5 |
BIT
BlackRock Institutional Trust
San Francisco,
California
|
+$11M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCMLC
Cardinal Capital Management LLC (Connecticut)
Greenwich,
Connecticut
|
-$22M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$6.26M |
| 3 |
Marshall Wace
London,
United Kingdom
|
-$4.9M |
| 4 |
Morgan Stanley
New York
|
-$4.11M |
| 5 |
NI
Numeric Investors
Boston,
Massachusetts
|
-$3.76M |
NSA Hedge Fund Activity: Q4 2016 in Review
152 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in National Storage Affiliates Trust (NSA) for Q4 2016, worth a combined $836M — up 30% from $645M a quarter earlier.
Buyers outnumbered sellers: 35 funds opened new NSA positions and 15 closed out — a net gain of 20 holders — while 61 added to existing stakes and 38 trimmed.
The largest buyer was TimesSquare Capital Management, adding an estimated $33M. The largest seller was Cardinal Capital Management LLC (Connecticut), exiting entirely with an estimated $22M sold.
- 152 institutional investors held National Storage Affiliates Trust (NSA) as of Q4 2016, up from 137 in Q3 2016.
- Funds reported $836M of National Storage Affiliates Trust stock for Q4 2016, up 30% quarter-over-quarter.
- 35 funds opened new National Storage Affiliates Trust positions in Q4 2016 and 15 closed out, a net change of +20 holders.
- The largest National Storage Affiliates Trust buyer in Q4 2016 was TimesSquare Capital Management, an estimated $33M added.
- The largest National Storage Affiliates Trust seller in Q4 2016 was Cardinal Capital Management LLC (Connecticut), an estimated $22M sold.
Based on aggregated 13F filings for Q4 2016.