Public Storage
PSA
723 hedge funds and large institutions have $28B invested in Public Storage in 2020 Q1 according to their latest regulatory filings, with 70 funds opening new positions, 240 increasing their positions, 294 reducing their positions, and 95 closing their positions.
129% more funds holding in top 10
Funds holding in top 10: 7 → 16 (+9)
1.17% more ownership
Funds ownership: 79.56% → 80.73% (+1.2%)
4% less funds holding
Funds holding: 757 → 723 (-34)
5% less capital invested
Capital invested by funds: $29.6B → $28B (-$1.57B)
18% less repeat investments, than reductions
Existing positions increased: 240 | Existing positions reduced: 294
26% less first-time investments, than exits
New positions opened: 70 | Existing positions closed: 95
58% less call options, than puts
Call options by funds: $75.5M | Put options by funds: $179M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Cohen & Steers
New York
|
+$632M |
| 2 |
Lazard Asset Management
New York
|
+$352M |
| 3 |
Daiwa Securities Group
Tokyo,
Japan
|
+$250M |
| 4 |
Sumitomo Mitsui Trust Group
Minato-Ku, Tokyo,
Japan
|
+$173M |
| 5 |
Capital International Investors
Los Angeles,
California
|
+$89.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Parnassus Investments
San Francisco,
California
|
-$253M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$182M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
-$117M |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
-$96.5M |
| 5 |
Barclays
London,
United Kingdom
|
-$92M |
PSA Hedge Fund Activity: Q1 2020 in Review
723 of the 4,547 institutional investors tracked by Wall St. Rank reported a position in Public Storage (PSA) for Q1 2020, worth a combined $28B — down 5.3% from $29.6B a quarter earlier.
Sellers outnumbered buyers: 95 funds closed out of PSA and 70 opened new positions — a net loss of 25 holders — while 294 trimmed existing stakes and 240 added.
The largest buyer was Cohen & Steers, adding an estimated $632M. The largest seller was Parnassus Investments, cutting an estimated $253M.
- 723 institutional investors held Public Storage (PSA) as of Q1 2020, down from 757 in Q4 2019.
- Funds reported $28B of Public Storage stock for Q1 2020, down 5.3% quarter-over-quarter.
- 70 funds opened new Public Storage positions in Q1 2020 and 95 closed out, a net change of -25 holders.
- The largest Public Storage buyer in Q1 2020 was Cohen & Steers, an estimated $632M added.
- The largest Public Storage seller in Q1 2020 was Parnassus Investments, an estimated $253M sold.
Based on aggregated 13F filings for Q1 2020.