Public Storage
473 hedge funds and large institutions have $23.1B invested in Public Storage in 2014 Q1 according to their latest regulatory filings, with 37 funds opening new positions, 165 increasing their positions, 191 reducing their positions, and 36 closing their positions.
94% more call options, than puts
Call options by funds: $43.7M | Put options by funds: $22.5M
11% more capital invested
Capital invested by funds: $20.8B → $23.1B (+$2.33B)
3% more first-time investments, than exits
New positions opened: 37 | Existing positions closed: 36
0.64% less ownership
Funds ownership: 80.27% → 79.64% (-0.64%)
1% less funds holding
Funds holding: 479 → 473 (-6)
10% less funds holding in top 10
Funds holding in top 10: 21 → 19 (-2)
14% less repeat investments, than reductions
Existing positions increased: 165 | Existing positions reduced: 191
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Cohen & Steers
New York
|
+$221M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
+$139M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$92.3M |
| 4 |
Capital World Investors
Los Angeles,
California
|
+$64.4M |
| 5 |
CGM
Capital Growth Management
Boston,
Massachusetts
|
+$55M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$54.9M |
| 2 |
JHIU
Janus Henderson Investors US
Denver,
Colorado
|
-$48.2M |
| 3 |
Janus Henderson Group
London,
United Kingdom
|
-$42.6M |
| 4 |
Renaissance Technologies
New York
|
-$37.7M |
| 5 |
ACI
AMP Capital Investors
Sydney,
Australia
|
-$32.6M |
PSA Hedge Fund Activity: Q1 2014 in Review
473 of the 3,463 institutional investors tracked by Wall St. Rank reported a position in Public Storage (PSA) for Q1 2014, worth a combined $23.1B — up 11% from $20.8B a quarter earlier.
Buyers outnumbered sellers: 37 funds opened new PSA positions and 36 closed out — a net gain of 1 holder — while 165 added to existing stakes and 191 trimmed.
The largest buyer was Cohen & Steers, adding an estimated $221M. The largest seller was Fidelity Investments, cutting an estimated $54.9M.
- 473 institutional investors held Public Storage (PSA) as of Q1 2014, down from 479 in Q4 2013.
- Funds reported $23.1B of Public Storage stock for Q1 2014, up 11% quarter-over-quarter.
- 37 funds opened new Public Storage positions in Q1 2014 and 36 closed out, a net change of +1 holder.
- The largest Public Storage buyer in Q1 2014 was Cohen & Steers, an estimated $221M added.
- The largest Public Storage seller in Q1 2014 was Fidelity Investments, an estimated $54.9M sold.
Based on aggregated 13F filings for Q1 2014.