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Public Storage

699 hedge funds and large institutions have $34B invested in Public Storage in 2019 Q2 according to their latest regulatory filings, with 54 funds opening new positions, 262 increasing their positions, 250 reducing their positions, and 72 closing their positions.

New
Increased
Maintained
Reduced
Closed

106% more call options, than puts

Call options by funds: $268M | Put options by funds: $130M

10% more capital invested

Capital invested by funds: $30.9B → $34B (+$3.09B)

7% more funds holding in top 10

Funds holding in top 10: 1516 (+1)

5% more repeat investments, than reductions

Existing positions increased: 262 | Existing positions reduced: 250

0.5% more ownership

Funds ownership: 81.38%81.88% (+0.5%)

4% less funds holding

Funds holding: 726699 (-27)

25% less first-time investments, than exits

New positions opened: 54 | Existing positions closed: 72

Holders
699
Holders Change
-27
Holders Change %
-3.72%
% of All Funds
15.18%
Holding in Top 10
16
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+6.67%
% of All Funds
0.35%
New
54
Increased
262
Reduced
250
Closed
72
Calls
$268M
Puts
$130M
Net Calls
+$137M
Net Calls Change
+$61.8M
Name Holding Trade Value Shares
Change
Change in
Stake
Vanguard Group
1
Vanguard Group
Pennsylvania
$4.79B +$7.76M +33,831 +0.2%
BlackRock
2
BlackRock
New York
$3.79B -$39.1M -170,366 -1%
State Street
3
State Street
Massachusetts
$2.62B +$117M +511,058 +5%
Cohen & Steers
4
Cohen & Steers
New York
$1.92B +$491M +2,142,247 +36%
Wellington Management Group
5
Wellington Management Group
Massachusetts
$1.6B -$67.3M -293,277 -4%
AAMU
6
APG Asset Management US
New York
$960M -$204M -888,289 -18%
T. Rowe Price Associates
7
T. Rowe Price Associates
Maryland
$945M +$217M +945,431 +31%
JP Morgan Chase
8
JP Morgan Chase
New York
$944M +$85.3M +372,050 +10%
Geode Capital Management
9
Geode Capital Management
Massachusetts
$674M +$38.4M +167,548 +6%
Massachusetts Financial Services
10
Massachusetts Financial Services
Massachusetts
$588M +$15.3M +66,549 +3%
Dimensional Fund Advisors
11
Dimensional Fund Advisors
Texas
$557M -$741K -3,229 -0.1%
Northern Trust
12
Northern Trust
Illinois
$557M +$9.62M +41,965 +2%
Invesco
13
Invesco
Georgia
$537M -$18.3M -79,599 -3%
Daiwa Securities Group
14
Daiwa Securities Group
Japan
$515M +$78.4M +341,718 +19%
Capital World Investors
15
Capital World Investors
California
$466M -$45.9M -200,000 -9%
Charles Schwab
16
Charles Schwab
California
$434M +$13.8M +60,169 +3%
N
17
Nuveen
North Carolina
$416M +$213M +928,491 +114%
Legal & General Group
18
Legal & General Group
United Kingdom
$364M +$32.7M +142,392 +10%
Norges Bank
19
Norges Bank
Norway
$361M -$1.29M -5,618 -0.4%
Renaissance Technologies
20
Renaissance Technologies
New York
$350M -$44.5M -194,215 -12%
Bank of New York Mellon
21
Bank of New York Mellon
New York
$339M -$25.6M -111,461 -7%
Goldman Sachs
22
Goldman Sachs
New York
$338M +$27.9M +121,791 +9%
Ameriprise
23
Ameriprise
Minnesota
$296M -$8.17M -35,618 -3%
UBS AM
24
UBS AM
Illinois
$290M +$8.41M +36,668 +3%
California Public Employees Retirement System
25
California Public Employees Retirement System
California
$289M +$42.7M +185,975 +18%

PSA Hedge Fund Activity: Q2 2019 in Review

699 of the 4,604 institutional investors tracked by Wall St. Rank reported a position in Public Storage (PSA) for Q2 2019, worth a combined $34B — up 10% from $30.9B a quarter earlier.

Sellers outnumbered buyers: 72 funds closed out of PSA and 54 opened new positions — a net loss of 18 holders — while 250 trimmed existing stakes and 262 added.

The largest buyer was Cohen & Steers, adding an estimated $491M. The largest seller was PGGM Investments, cutting an estimated $216M.

  • 699 institutional investors held Public Storage (PSA) as of Q2 2019, down from 726 in Q1 2019.
  • Funds reported $34B of Public Storage stock for Q2 2019, up 10% quarter-over-quarter.
  • 54 funds opened new Public Storage positions in Q2 2019 and 72 closed out, a net change of -18 holders.
  • The largest Public Storage buyer in Q2 2019 was Cohen & Steers, an estimated $491M added.
  • The largest Public Storage seller in Q2 2019 was PGGM Investments, an estimated $216M sold.

Based on aggregated 13F filings for Q2 2019.