National Storage Affiliates Trust
109 hedge funds and large institutions have $417M invested in National Storage Affiliates Trust in 2016 Q1 according to their latest regulatory filings, with 26 funds opening new positions, 39 increasing their positions, 31 reducing their positions, and 11 closing their positions.
136% more first-time investments, than exits
New positions opened: 26 | Existing positions closed: 11
26% more repeat investments, than reductions
Existing positions increased: 39 | Existing positions reduced: 31
18% more capital invested
Capital invested by funds: $352M → $417M (+$64.9M)
16% more funds holding
Funds holding: 94 → 109 (+15)
13% more call options, than puts
Call options by funds: $350K | Put options by funds: $310K
3.17% less ownership
Funds ownership: 89.76% → 86.6% (-3.2%)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AL
AJO LP
Philadelphia,
Pennsylvania
|
+$9.8M |
| 2 |
ACH
ArrowMark Colorado Holdings
Denver,
Colorado
|
+$6.59M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$4.03M |
| 4 |
ERSOT
Employees Retirement System of Texas
Austin,
Texas
|
+$3.87M |
| 5 |
AACA
American Assets Capital Advisers
San Diego,
California
|
+$3.75M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FM
Forward Management
San Francisco,
California
|
-$17.4M |
| 2 |
BC
BHR Capital
New York
|
-$9.78M |
| 3 |
AllianceBernstein
Nashville,
Tennessee
|
-$7.21M |
| 4 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$6.33M |
| 5 |
PIM
Perkins Investment Management
Chicago,
Illinois
|
-$5.36M |
NSA Hedge Fund Activity: Q1 2016 in Review
109 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in National Storage Affiliates Trust (NSA) for Q1 2016, worth a combined $417M — up 18% from $352M a quarter earlier.
Buyers outnumbered sellers: 26 funds opened new NSA positions and 11 closed out — a net gain of 15 holders — while 39 added to existing stakes and 31 trimmed.
The largest buyer was AJO LP, opening a new position worth an estimated $9.8M. The largest seller was Forward Management, cutting an estimated $17.4M.
- 109 institutional investors held National Storage Affiliates Trust (NSA) as of Q1 2016, up from 94 in Q4 2015.
- Funds reported $417M of National Storage Affiliates Trust stock for Q1 2016, up 18% quarter-over-quarter.
- 26 funds opened new National Storage Affiliates Trust positions in Q1 2016 and 11 closed out, a net change of +15 holders.
- The largest National Storage Affiliates Trust buyer in Q1 2016 was AJO LP, an estimated $9.8M added.
- The largest National Storage Affiliates Trust seller in Q1 2016 was Forward Management, an estimated $17.4M sold.
Based on aggregated 13F filings for Q1 2016.