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Public Storage

727 hedge funds and large institutions have $31.4B invested in Public Storage in 2020 Q3 according to their latest regulatory filings, with 75 funds opening new positions, 261 increasing their positions, 274 reducing their positions, and 60 closing their positions.

New
Increased
Maintained
Reduced
Closed

30% more funds holding in top 10

Funds holding in top 10: 1013 (+3)

25% more first-time investments, than exits

New positions opened: 75 | Existing positions closed: 60

17% more capital invested

Capital invested by funds: $26.8B → $31.4B (+$4.57B)

1% more funds holding

Funds holding: 719727 (+8)

0.53% more ownership

Funds ownership: 80.19%80.71% (+0.53%)

5% less repeat investments, than reductions

Existing positions increased: 261 | Existing positions reduced: 274

19% less call options, than puts

Call options by funds: $90.4M | Put options by funds: $111M

Holders
727
Holders Change
+8
Holders Change %
+1.11%
% of All Funds
14.67%
Holding in Top 10
13
Holding in Top 10 Change
+3
Holding in Top 10 Change %
+30%
% of All Funds
0.26%
New
75
Increased
261
Reduced
274
Closed
60
Calls
$90.4M
Puts
$111M
Net Calls
-$20.5M
Net Calls Change
+$15.4M
Name Holding Trade Value Shares
Change
Change in
Stake
Renaissance Technologies
26
Renaissance Technologies
New York
$245M -$23.1M -113,097 -9%
T. Rowe Price Associates
27
T. Rowe Price Associates
Maryland
$240M -$2.42M -11,840 -1%
Morgan Stanley
28
Morgan Stanley
New York
$224M -$22.7M -111,167 -10%
Victory Capital Management
29
Victory Capital Management
Texas
$199M -$10.6M -51,910 -5%
Swiss National Bank
30
Swiss National Bank
Switzerland
$194M -$1.96M -9,600 -1%
Invesco
31
Invesco
Georgia
$194M -$45M -220,395 -20%
LIMS
32
Lasalle Investment Management Securities
Maryland
$175M -$46.9M -229,647 -23%
Diamond Hill Capital Management
33
Diamond Hill Capital Management
Ohio
$171M +$32.3M +158,140 +26%
AQR Capital Management
34
AQR Capital Management
Connecticut
$170M -$19.3M -94,281 -11%
APG Asset Management
35
APG Asset Management
Netherlands
$169M -$10.9M -53,100 -6%
Russell Investments Group
36
Russell Investments Group
United Kingdom
$155M +$2.77M +13,552 +2%
Janus Henderson Group
37
Janus Henderson Group
United Kingdom
$150M -$10.7M -52,240 -7%
Fidelity Investments
38
Fidelity Investments
Massachusetts
$142M -$3.4M -16,653 -3%
Deutsche Bank
39
Deutsche Bank
Germany
$135M -$9.77M -47,826 -7%
Citadel Advisors
40
Citadel Advisors
Florida
$122M +$74M +362,148 +196%
Principal Financial Group
41
Principal Financial Group
Iowa
$121M -$573K -2,804 -0.5%
WHG
42
Westwood Holdings Group
Texas
$121M +$21.3M +104,131 +24%
CS
43
Credit Suisse
Switzerland
$121M +$9.81M +48,020 +10%
Citigroup
44
Citigroup
New York
$116M +$47.8M +233,899 +82%
Canada Life
45
Canada Life
Manitoba, Canada
$115M -$6.08M -29,770 -5%
HSBC Holdings
46
HSBC Holdings
United Kingdom
$107M +$8.57M +41,947 +10%
Canada Pension Plan Investment Board
47
Canada Pension Plan Investment Board
Ontario, Canada
$99.3M +$310K +1,517 +0.3%
PP
48
Prudential plc
United Kingdom
$98.4M +$90.3M +441,801 New
Parnassus Investments
49
Parnassus Investments
California
$95.7M +$30.8M +150,854 +54%
Bessemer Group
50
Bessemer Group
New Jersey
$90.8M -$4.47M -21,888 -5%

PSA Hedge Fund Activity: Q3 2020 in Review

727 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in Public Storage (PSA) for Q3 2020, worth a combined $31.4B — up 17% from $26.8B a quarter earlier.

Buyers outnumbered sellers: 75 funds opened new PSA positions and 60 closed out — a net gain of 15 holders — while 261 added to existing stakes and 274 trimmed.

The largest buyer was Cohen & Steers, adding an estimated $290M. The largest seller was Massachusetts Financial Services, cutting an estimated $139M.

  • 727 institutional investors held Public Storage (PSA) as of Q3 2020, up from 719 in Q2 2020.
  • Funds reported $31.4B of Public Storage stock for Q3 2020, up 17% quarter-over-quarter.
  • 75 funds opened new Public Storage positions in Q3 2020 and 60 closed out, a net change of +15 holders.
  • The largest Public Storage buyer in Q3 2020 was Cohen & Steers, an estimated $290M added.
  • The largest Public Storage seller in Q3 2020 was Massachusetts Financial Services, an estimated $139M sold.

Based on aggregated 13F filings for Q3 2020.