Public Storage
1,068 hedge funds and large institutions have $40.7B invested in Public Storage in 2024 Q1 according to their latest regulatory filings, with 102 funds opening new positions, 464 increasing their positions, 330 reducing their positions, and 81 closing their positions.
41% more repeat investments, than reductions
Existing positions increased: 464 | Existing positions reduced: 330
26% more first-time investments, than exits
New positions opened: 102 | Existing positions closed: 81
1.08% more ownership
Funds ownership: 79.02% → 80.1% (+1.1%)
1% more funds holding
Funds holding: 1,060 → 1,068 (+8)
4% less capital invested
Capital invested by funds: $42.3B → $40.7B (-$1.67B)
11% less funds holding in top 10
Funds holding in top 10: 18 → 16 (-2)
49% less call options, than puts
Call options by funds: $78.5M | Put options by funds: $153M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Cohen & Steers
New York
|
+$328M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$282M |
| 3 |
JP Morgan Chase
New York
|
+$110M |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$104M |
| 5 |
Prudential Financial
Newark,
New Jersey
|
+$95.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
State Street
Boston,
Massachusetts
|
-$264M |
| 2 |
Capital International Investors
Los Angeles,
California
|
-$185M |
| 3 |
Principal Financial Group
Des Moines,
Iowa
|
-$172M |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$160M |
| 5 |
Neuberger Berman Group
New York
|
-$124M |
PSA Hedge Fund Activity: Q1 2024 in Review
1,068 of the 6,958 institutional investors tracked by Wall St. Rank reported a position in Public Storage (PSA) for Q1 2024, worth a combined $40.7B — down 4% from $42.3B a quarter earlier.
Buyers outnumbered sellers: 102 funds opened new PSA positions and 81 closed out — a net gain of 21 holders — while 464 added to existing stakes and 330 trimmed.
The largest buyer was Cohen & Steers, adding an estimated $328M. The largest seller was State Street, cutting an estimated $264M.
- 1,068 institutional investors held Public Storage (PSA) as of Q1 2024, up from 1,060 in Q4 2023.
- Funds reported $40.7B of Public Storage stock for Q1 2024, down 4% quarter-over-quarter.
- 102 funds opened new Public Storage positions in Q1 2024 and 81 closed out, a net change of +21 holders.
- The largest Public Storage buyer in Q1 2024 was Cohen & Steers, an estimated $328M added.
- The largest Public Storage seller in Q1 2024 was State Street, an estimated $264M sold.
Based on aggregated 13F filings for Q1 2024.