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Public Storage

459 hedge funds and large institutions have $21.6B invested in Public Storage in 2013 Q3 according to their latest regulatory filings, with 46 funds opening new positions, 149 increasing their positions, 192 reducing their positions, and 27 closing their positions.

New
Increased
Maintained
Reduced
Closed

70% more first-time investments, than exits

New positions opened: 46 | Existing positions closed: 27

14% more funds holding in top 10

Funds holding in top 10: 2124 (+3)

3% more funds holding

Funds holding: 444459 (+15)

8% more call options, than puts

Call options by funds: $64.6M | Put options by funds: $59.9M

5% more capital invested

Capital invested by funds: $20.6B → $21.6B (+$1.03B)

0.5% more ownership

Funds ownership: 77.94%78.44% (+0.5%)

22% less repeat investments, than reductions

Existing positions increased: 149 | Existing positions reduced: 192

Holders
459
Holders Change
+15
Holders Change %
+3.38%
% of All Funds
14.88%
Holding in Top 10
24
Holding in Top 10 Change
+3
Holding in Top 10 Change %
+14.29%
% of All Funds
0.78%
New
46
Increased
149
Reduced
192
Closed
27
Calls
$64.6M
Puts
$59.9M
Net Calls
+$4.71M
Net Calls Change
+$7.13M
Name Holding Trade Value Shares
Change
Change in
Stake
PI
26
PGGM Investments
Netherlands
$211M +$12.4M +78,221 +6%
Neuberger Berman Group
27
Neuberger Berman Group
New York
$199M -$10.8M -68,076 -5%
Geode Capital Management
28
Geode Capital Management
Massachusetts
$186M +$5.31M +33,505 +3%
Goldman Sachs
29
Goldman Sachs
New York
$183M +$54M +341,152 +43%
Norges Bank
30
Norges Bank
Norway
$163M -$3.04M -19,198 -2%
Principal Financial Group
31
Principal Financial Group
Iowa
$151M +$80K +505 +0.1%
TCIM
32
TIAA CREF Investment Management
New York
$149M +$513K +3,240 +0.3%
TA
33
Teachers Advisors
New York
$144M +$2.46M +15,509 +2%
Prudential Financial
34
Prudential Financial
New Jersey
$138M +$2.68M +16,938 +2%
DPIM
35
Duff & Phelps Investment Management
Illinois
$137M -$239K -1,507 -0.2%
JP Morgan Chase
36
JP Morgan Chase
New York
$137M -$37.9M -239,028 -22%
SCRM
37
Security Capital Research & Management
Illinois
$136M -$14.6M -92,269 -10%
ACI
38
AMP Capital Investors
Australia
$134M -$18.2M -115,101 -12%
Legal & General Group
39
Legal & General Group
United Kingdom
$134M -$1.65M -10,405 -1%
EVM
40
Eaton Vance Management
Massachusetts
$120M +$1.06M +6,720 +0.9%
UBS AM
41
UBS AM
Illinois
$119M -$5.76M -36,362 -5%
CS
42
Credit Suisse
Switzerland
$118M -$11.5M -72,886 -9%
O
43
OppenheimerFunds
New York
$105M +$83.8M +529,192 +426%
Asset Management One
44
Asset Management One
Japan
$89.5M -$4.23M -26,720 -5%
Massachusetts Financial Services
45
Massachusetts Financial Services
Massachusetts
$88.5M +$5.76M +36,357 +7%
Barclays
46
Barclays
United Kingdom
$86.2M +$44M +277,873 +107%
RFC
47
Russell Frank Company
Washington
$84.5M +$3.3M +20,841 +4%
AllianceBernstein
48
AllianceBernstein
Tennessee
$84.3M +$2.71M +17,136 +3%
Sumitomo Mitsui Trust Group
49
Sumitomo Mitsui Trust Group
Japan
$82.5M -$7.58M -47,874 -9%
Bank of America
50
Bank of America
North Carolina
$82.4M +$9.18M +57,939 +13%

PSA Hedge Fund Activity: Q3 2013 in Review

459 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in Public Storage (PSA) for Q3 2013, worth a combined $21.6B — up 5% from $20.6B a quarter earlier.

Buyers outnumbered sellers: 46 funds opened new PSA positions and 27 closed out — a net gain of 19 holders — while 149 added to existing stakes and 192 trimmed.

The largest buyer was OppenheimerFunds, adding an estimated $83.8M. The largest seller was Fidelity Investments, cutting an estimated $79.5M.

  • 459 institutional investors held Public Storage (PSA) as of Q3 2013, up from 444 in Q2 2013.
  • Funds reported $21.6B of Public Storage stock for Q3 2013, up 5% quarter-over-quarter.
  • 46 funds opened new Public Storage positions in Q3 2013 and 27 closed out, a net change of +19 holders.
  • The largest Public Storage buyer in Q3 2013 was OppenheimerFunds, an estimated $83.8M added.
  • The largest Public Storage seller in Q3 2013 was Fidelity Investments, an estimated $79.5M sold.

Based on aggregated 13F filings for Q3 2013.