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Public Storage

722 hedge funds and large institutions have $28.2B invested in Public Storage in 2020 Q1 according to their latest regulatory filings, with 70 funds opening new positions, 240 increasing their positions, 293 reducing their positions, and 95 closing their positions.

New
Increased
Maintained
Reduced
Closed

129% more funds holding in top 10

Funds holding in top 10: 716 (+9)

1.79% more ownership

Funds ownership: 79.56%81.36% (+1.8%)

5% less capital invested

Capital invested by funds: $29.6B → $28.2B (-$1.36B)

4% less funds holding

Funds holding: 756722 (-34)

18% less repeat investments, than reductions

Existing positions increased: 240 | Existing positions reduced: 293

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

Holders
722
Holders Change
-34
Holders Change %
-4.5%
% of All Funds
15.91%
Holding in Top 10
16
Holding in Top 10 Change
+9
Holding in Top 10 Change %
+128.57%
% of All Funds
0.35%
New
70
Increased
240
Reduced
293
Closed
95
Calls
$75.5M
Puts
$179M
Net Calls
-$103M
Net Calls Change
-$235M
Name Holding Trade Value Shares
Change
Change in
Stake
Vanguard Group
1
Vanguard Group
Pennsylvania
$4.05B +$8.48M +39,605 +0.2%
BlackRock
2
BlackRock
New York
$3.3B +$46.7M +218,108 +1%
State Street
3
State Street
Massachusetts
$2.1B +$18.6M +86,807 +0.8%
Cohen & Steers
4
Cohen & Steers
New York
$1.58B +$632M +2,950,445 +59%
Wellington Management Group
5
Wellington Management Group
Massachusetts
$1.2B -$22.4M -104,787 -2%
JP Morgan Chase
6
JP Morgan Chase
New York
$769M +$55.9M +261,074 +7%
AAMU
7
APG Asset Management US
New York
$708M +$11.4M +53,000 +2%
Geode Capital Management
8
Geode Capital Management
Massachusetts
$648M +$16.8M +78,274 +2%
Northern Trust
9
Northern Trust
Illinois
$501M +$29M +135,170 +6%
Massachusetts Financial Services
10
Massachusetts Financial Services
Massachusetts
$485M -$50.4M -235,287 -9%
Dimensional Fund Advisors
11
Dimensional Fund Advisors
Texas
$455M -$7.35M -34,315 -1%
Daiwa Securities Group
12
Daiwa Securities Group
Japan
$450M +$250M +1,166,179 +106%
Victory Capital Management
13
Victory Capital Management
Texas
$432M +$225M +1,050,379 +93%
Bank of America
14
Bank of America
North Carolina
$422M -$182M -851,438 -29%
Charles Schwab
15
Charles Schwab
California
$383M -$1.54M -7,183 -0.4%
Invesco
16
Invesco
Georgia
$370M +$9.28M +43,301 +2%
Legal & General Group
17
Legal & General Group
United Kingdom
$349M +$17.9M +83,470 +5%
Sumitomo Mitsui Trust Group
18
Sumitomo Mitsui Trust Group
Japan
$335M +$173M +807,801 +92%
Lazard Asset Management
19
Lazard Asset Management
New York
$328M +$352M +1,643,013 +21,217%
Capital World Investors
20
Capital World Investors
California
$321M
Norges Bank
21
Norges Bank
Norway
$309M +$8.99M +41,960 +3%
T. Rowe Price Associates
22
T. Rowe Price Associates
Maryland
$306M -$34.5M -160,960 -9%
Renaissance Technologies
23
Renaissance Technologies
New York
$292M -$12.8M -59,534 -4%
Bank of New York Mellon
24
Bank of New York Mellon
New York
$277M +$4.52M +21,108 +2%
Goldman Sachs
25
Goldman Sachs
New York
$270M -$26.4M -123,313 -8%

PSA Hedge Fund Activity: Q1 2020 in Review

722 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in Public Storage (PSA) for Q1 2020, worth a combined $28.2B — down 4.6% 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 293 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.

  • 722 institutional investors held Public Storage (PSA) as of Q1 2020, down from 756 in Q4 2019.
  • Funds reported $28.2B of Public Storage stock for Q1 2020, down 4.6% 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.