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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
Vanguard Group
1
Vanguard Group
Pennsylvania
$4.33B -$68.8M -336,808 -2%
BlackRock
2
BlackRock
New York
$3.78B +$33.9M +165,877 +1%
Cohen & Steers
3
Cohen & Steers
New York
$2.54B +$290M +1,418,494 +14%
State Street
4
State Street
Massachusetts
$2.19B -$99.1M -485,090 -5%
Wellington Management Group
5
Wellington Management Group
Massachusetts
$1.37B +$35.6M +174,083 +3%
JP Morgan Chase
6
JP Morgan Chase
New York
$968M +$236M +1,154,458 +36%
AAMU
7
APG Asset Management US
New York
$709M -$33.8M -165,500 -5%
Geode Capital Management
8
Geode Capital Management
Massachusetts
$663M +$16.3M +79,532 +3%
Daiwa Securities Group
9
Daiwa Securities Group
Japan
$589M +$77.7M +380,030 +17%
Northern Trust
10
Northern Trust
Illinois
$580M +$4.17M +20,396 +0.8%
Capital International Investors
11
Capital International Investors
California
$565M +$11M +53,630 +2%
Dimensional Fund Advisors
12
Dimensional Fund Advisors
Texas
$520M +$1.44M +7,062 +0.3%
Bank of America
13
Bank of America
North Carolina
$464M -$50M -244,767 -11%
Legal & General Group
14
Legal & General Group
United Kingdom
$427M +$15.7M +76,906 +4%
Lazard Asset Management
15
Lazard Asset Management
New York
$410M -$4.09M -20,017 -1%
Norges Bank
16
Norges Bank
Norway
$379M +$2.85M +13,943 +0.8%
Capital World Investors
17
Capital World Investors
California
$360M
Massachusetts Financial Services
18
Massachusetts Financial Services
Massachusetts
$360M -$139M -678,195 -30%
N
19
Nuveen
North Carolina
$341M +$14.8M +72,285 +5%
Sumitomo Mitsui Trust Group
20
Sumitomo Mitsui Trust Group
Japan
$337M -$40.9M -200,343 -12%
Goldman Sachs
21
Goldman Sachs
New York
$305M +$64M +313,159 +30%
Bank of New York Mellon
22
Bank of New York Mellon
New York
$291M +$1.35M +6,627 +0.5%
California Public Employees Retirement System
23
California Public Employees Retirement System
California
$288M -$2.52M -12,339 -0.9%
UBS AM
24
UBS AM
Illinois
$287M -$8.41M -41,155 -3%
Charles Schwab
25
Charles Schwab
California
$284M -$8.39M -41,066 -3%

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.