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Public Storage

756 hedge funds and large institutions have $29.6B invested in Public Storage in 2019 Q4 according to their latest regulatory filings, with 107 funds opening new positions, 272 increasing their positions, 250 reducing their positions, and 78 closing their positions.

New
Increased
Maintained
Reduced
Closed

84% more call options, than puts

Call options by funds: $289M | Put options by funds: $157M

37% more first-time investments, than exits

New positions opened: 107 | Existing positions closed: 78

2% more funds holding

Funds holding: 739756 (+17)

9% more repeat investments, than reductions

Existing positions increased: 272 | Existing positions reduced: 250

0.97% less ownership

Funds ownership: 80.53%79.56% (-0.97%)

14% less capital invested

Capital invested by funds: $34.5B → $29.6B (-$4.89B)

42% less funds holding in top 10

Funds holding in top 10: 127 (-5)

Holders
756
Holders Change
+17
Holders Change %
+2.3%
% of All Funds
14.9%
Holding in Top 10
7
Holding in Top 10 Change
-5
Holding in Top 10 Change %
-41.67%
% of All Funds
0.14%
New
107
Increased
272
Reduced
250
Closed
78
Calls
$289M
Puts
$157M
Net Calls
+$132M
Net Calls Change
-$21.6M
Name Holding Trade Value Shares
Change
Change in
Stake
Vanguard Group
1
Vanguard Group
Pennsylvania
$4.34B +$29.1M +131,312 +0.6%
BlackRock
2
BlackRock
New York
$3.49B +$46.6M +209,797 +1%
State Street
3
State Street
Massachusetts
$2.23B -$142M -641,080 -6%
Wellington Management Group
4
Wellington Management Group
Massachusetts
$1.31B -$77.1M -347,595 -5%
Cohen & Steers
5
Cohen & Steers
New York
$1.06B +$247M +1,114,924 +29%
JP Morgan Chase
6
JP Morgan Chase
New York
$769M +$55.1M +248,174 +7%
AAMU
7
APG Asset Management US
New York
$747M -$98.5M -443,734 -11%
Geode Capital Management
8
Geode Capital Management
Massachusetts
$678M +$52.3M +235,577 +8%
Bank of America
9
Bank of America
North Carolina
$634M +$129M +581,317 +24%
Massachusetts Financial Services
10
Massachusetts Financial Services
Massachusetts
$570M -$23.1M -104,265 -4%
Northern Trust
11
Northern Trust
Illinois
$509M -$1.79M -8,079 -0.3%
Dimensional Fund Advisors
12
Dimensional Fund Advisors
Texas
$496M -$3.65M -16,436 -0.7%
Charles Schwab
13
Charles Schwab
California
$413M +$12.3M +55,347 +3%
Invesco
14
Invesco
Georgia
$387M -$567K -2,557 -0.1%
T. Rowe Price Associates
15
T. Rowe Price Associates
Maryland
$363M -$418M -1,885,745 -53%
Legal & General Group
16
Legal & General Group
United Kingdom
$357M +$11.3M +51,021 +3%
Capital World Investors
17
Capital World Investors
California
$345M -$72.3M -326,000 -17%
N
18
Nuveen
North Carolina
$334M -$7.74M -34,858 -2%
Renaissance Technologies
19
Renaissance Technologies
New York
$326M +$2.64M +11,915 +0.8%
Norges Bank
20
Norges Bank
Norway
$323M
Goldman Sachs
21
Goldman Sachs
New York
$316M -$125M -563,384 -28%
Parnassus Investments
22
Parnassus Investments
California
$304M +$41.9M +188,790 +15%
Bank of New York Mellon
23
Bank of New York Mellon
New York
$292M -$614K -2,768 -0.2%
UBS AM
24
UBS AM
Illinois
$290M +$17.7M +79,629 +6%
California Public Employees Retirement System
25
California Public Employees Retirement System
California
$274M -$5.97M -26,924 -2%

PSA Hedge Fund Activity: Q4 2019 in Review

756 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in Public Storage (PSA) for Q4 2019, worth a combined $29.6B — down 14% from $34.5B a quarter earlier.

Buyers outnumbered sellers: 107 funds opened new PSA positions and 78 closed out — a net gain of 29 holders — while 272 added to existing stakes and 250 trimmed.

The largest buyer was Cohen & Steers, adding an estimated $247M. The largest seller was T. Rowe Price Associates, cutting an estimated $418M.

  • 756 institutional investors held Public Storage (PSA) as of Q4 2019, up from 739 in Q3 2019.
  • Funds reported $29.6B of Public Storage stock for Q4 2019, down 14% quarter-over-quarter.
  • 107 funds opened new Public Storage positions in Q4 2019 and 78 closed out, a net change of +29 holders.
  • The largest Public Storage buyer in Q4 2019 was Cohen & Steers, an estimated $247M added.
  • The largest Public Storage seller in Q4 2019 was T. Rowe Price Associates, an estimated $418M sold.

Based on aggregated 13F filings for Q4 2019.