Which funds own PSA
Public Storage in the Q2 2026 filings. At least 3 of the 91 current managers on file reported a position, worth $2.3bn between them. It is among the largest positions of fewer than a fifth of the current managers on file. Buying and selling roughly cancelled this quarter, which is what a name looks like when the argument is still live.
- Managers holding
- 3
- at least, of 91 current
- Combined value
- $2.3bn
- as reported
- Opened
- 1
- new this quarter
- Added to
- 2
- already held
- Trimmed or sold out
- 2
- 2 sold out entirely
Only each manager’s largest 200 positions are listed here, so a smaller holder may be missing.
Managers reporting a position
Largest first. Weight is the share of that manager’s whole reported book, which is the number worth quoting: $400m is a rounding error in one book and a defining bet in another.
| Manager | Value | Weight | Shares | Change on the quarter | Action |
|---|---|---|---|---|---|
| T. Rowe Price Associates Inc Long-only · $999bn book | $1.8bn | 0.2% | 5,716,404 | +$291m+74,992 | Added |
| Capital Research Global Investors Long-only · $717bn book | $424m | 0.1% | 1,332,781 | +$97m+125,176 | Added |
| Winton Group Ltd Quantitative · $3.1bn book | $28m | 0.9% | 87,341 | opened87,341 | New |
Sold out of this quarter
Valued at what the position was worth in the previous filing, because by this one it is gone.
- Hudson Bay Capital Management LP · Multi-strategy$24m held before
- Schonfeld Strategic Advisors LLC · Multi-strategy$18m held before
Ownership through time
At least 10 of the 95 managers whose filings are on file listed PSA in Q2 2026, against 16 in Q2 2013. 1 manager fewer than in Q1 2026: 2 started positions; 1 listed it again; 2 sold out, by their own filings; 2 no longer listed it among the positions read, which can mean a holding below the listed range, a filing that reported no holdings, or a filing not yet made.
Each manager’s largest 500 positions a quarter are read, so a small holding in a very large book can be missing, and a manager is counted as leaving only where its own filing shows it.
- Q2 2013: 16
- Q3 2013: 13
- Q4 2013: 14
- Q1 2014: 13
- Q2 2014: 15
- Q3 2014: 18
- Q4 2014: 21
- Q1 2015: 18
- Q2 2015: 18
- Q3 2015: 15
- Q4 2015: 13
- Q1 2016: 13
- Q2 2016: 22
- Q3 2016: 17
- Q4 2016: 14
- Q1 2017: 16
- Q2 2017: 14
- Q3 2017: 14
- Q4 2017: 16
- Q1 2018: 14
- Q2 2018: 13
- Q3 2018: 15
- Q4 2018: 18
- Q1 2019: 18
- Q2 2019: 16
- Q3 2019: 22
- Q4 2019: 20
- Q1 2020: 17
- Q2 2020: 20
- Q3 2020: 15
- Q4 2020: 22
- Q1 2021: 17
- Q2 2021: 18
- Q3 2021: 20
- Q4 2021: 21
- Q1 2022: 24
- Q2 2022: 26
- Q3 2022: 27
- Q4 2022: 22
- Q1 2023: 19
- Q2 2023: 17
- Q3 2023: 14
- Q4 2023: 17
- Q1 2024: 18
- Q2 2024: 20
- Q3 2024: 20
- Q4 2024: 15
- Q1 2025: 16
- Q2 2025: 17
- Q3 2025: 17
- Q4 2025: 12
- Q1 2026: 11
- Q2 2026: 10
- Q2 2013: $3.7bn
- Q3 2013: $3.9bn
- Q4 2013: $3.7bn
- Q1 2014: $4.2bn
- Q2 2014: $4.2bn
- Q3 2014: $3.9bn
- Q4 2014: $4.2bn
- Q1 2015: $4.5bn
- Q2 2015: $4.0bn
- Q3 2015: $4.7bn
- Q4 2015: $5.6bn
- Q1 2016: $6.6bn
- Q2 2016: $6.2bn
- Q3 2016: $5.6bn
- Q4 2016: $5.9bn
- Q1 2017: $5.6bn
- Q2 2017: $5.9bn
- Q3 2017: $6.3bn
- Q4 2017: $6.4bn
- Q1 2018: $6.8bn
- Q2 2018: $7.9bn
- Q3 2018: $6.7bn
- Q4 2018: $6.0bn
- Q1 2019: $4.7bn
- Q2 2019: $5.2bn
- Q3 2019: $5.4bn
- Q4 2019: $4.1bn
- Q1 2020: $3.5bn
- Q2 2020: $3.1bn
- Q3 2020: $3.4bn
- Q4 2020: $3.5bn
- Q1 2021: $3.4bn
- Q2 2021: $4.1bn
- Q3 2021: $3.9bn
- Q4 2021: $4.4bn
- Q1 2022: $4.6bn
- Q2 2022: $4.3bn
- Q3 2022: $4.0bn
- Q4 2022: $3.9bn
- Q1 2023: $4.3bn
- Q2 2023: $4.6bn
- Q3 2023: $4.3bn
- Q4 2023: $5.6bn
- Q1 2024: $5.3bn
- Q2 2024: $5.7bn
- Q3 2024: $7.4bn
- Q4 2024: $5.7bn
- Q1 2025: $4.9bn
- Q2 2025: $5.0bn
- Q3 2025: $4.5bn
- Q4 2025: $3.0bn
- Q1 2026: $4.1bn
- Q2 2026: $4.6bn
Between the quarter ends of Q1 2026 and Q2 2026. Each change in shares is valued at the Q2 2026 price, so the price’s own move is left out; a 13F shows the two quarter ends, not when in between anything was bought or sold.
Started in Q2 2026
Largest increases, by shares
- Invesco Ltd1,551,190 to 2,532,848 shares+$312m
- Capital Research Global Investors1,207,605 to 1,332,781 shares+$40m
- Winton Group Ltdnew: 87,341 shares+$28m
- T. Rowe Price Associates Inc5,641,412 to 5,716,404 shares+$24m
- Voloridge Investment Management LLCnew: 24,891 shares+$7.9m
Largest decreases, by shares
- Fidelity (FMR LLC)3,619,703 to 3,082,787 shares-$171m
- Wellington Management Group LLP1,453,748 to 1,329,880 shares-$39m
- Artisan Partners LP110,277 to 70,818 shares-$13m
- Janus Henderson Group Ltd239,768 to 218,316 shares-$6.8m
Left it
- Hudson Bay Capital Management LPwas $24m
- Schonfeld Strategic Advisors LLCwas $18m
| Manager | Value over time | First listed | Largest | Q2 2026 |
|---|---|---|---|---|
| T. Rowe Price Associates Inc | Q2 2013 | $2.2bn | $1.8bn | |
| Fidelity (FMR LLC) | Q2 2013 | $2.0bn | $981m | |
| Invesco Ltd | Q2 2013 | $1.3bn | $806m | |
| Capital Research Global Investors | Q2 2013 | $596m | $424m | |
| Wellington Management Group LLP | Q2 2013 | $1.9bn | $423m | |
| Janus Henderson Group Ltd | Q2 2013 | $172m | $69m | |
| Winton Group Ltd | Q2 2014 | $34m | $28m | |
| Artisan Partners LP | Q2 2020 | $63m | $23m | |
| Verition Fund Management LLC | Q2 2013 | $23m | $8.1m | |
| Voloridge Investment Management LLC | Q4 2014 | $38m | $7.9m | |
| Capital World Investors | Q2 2013 | $1.9bn | last listed Q3 2025 | |
| MFS Investment Management | Q2 2013 | $683m | last listed Q1 2026 | |
| Renaissance Technologies LLC | Q4 2013 | $373m | last listed Q1 2025 | |
| Neuberger Berman Group LLC | Q2 2013 | $299m | last listed Q4 2025 | |
| AQR Capital Management LLC | Q2 2013 | $281m | last listed Q4 2025 | |
| Millennium Management LLC | Q4 2014 | $222m | last listed Q4 2022 | |
| Citadel Advisors LLC | Q3 2020 | $221m | last listed Q4 2023 | |
| AllianceBernstein LP | Q2 2013 | $208m | last listed Q1 2026 | |
| Man Group PLC | Q4 2019 | $195m | last listed Q3 2024 | |
| Arrowstreet Capital LP | Q2 2017 | $173m | last listed Q4 2025 |
What PSA is worth
Knowing who owns it is half the question. The other half is what it is worth against the companies it trades beside, which is the one an interviewer will follow up with.
Build the comp set around PSA →How much of the picture this is
A Form 13F reports US-listed long equity and nothing else: no shorts, no bonds, no cash and no non-US listings. It arrives forty-five days after the quarter ends, so a manager who sold in July still shows the position in a filing published in August. This page reads the managers on file here rather than every filer in the market, and each manager’s largest positions rather than the whole table, so a small position in a very large book may not appear. Say “their last filing showed” rather than “they own”, and the distinction will do you credit.
What to do with a name the funds are buying
Knowing who owns something is the start of a pitch, not the pitch. The next questions are what it is worth and why they were buying.
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The holdings, every quarter, and the week between
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