Vault-13

LIFE STORAGE INC

COM · REIT · CUSIP 53223X107 · ISIN US53223X1072

434 institutional holders -17 vs Q1 2023
78,633,48878.6m shares reported held*
$10.5bnreported value*
53 new 118 added 184 reduced 72 sold out net sold ≈ $486.3m (-3.7m shares)

* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once ($34.6m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $132.96. Options: 6 managers hold calls ($4.5m notional), 6 hold puts ($3.7m).

Trends to Q2 2023

Institutional holders

Managers reporting a position, each quarter

0200400600Q3 22: 416Q4 22: 433Q1 23: 451Q2 23: 434434Q3 22Q4 22Q1 23Q2 23
Numbers
QuarterHolders
Q3 2022416
Q4 2022433
Q1 2023451
Q2 2023434

Buyers vs sellers

Managers adding to or starting a position, vs cutting or selling out

Bought or addedCut or sold out
4000400Q4 22: 222 bought or addedQ4 22: 185 cut or sold outQ4 22Q1 23: 242 bought or addedQ1 23: 211 cut or sold outQ1 23Q2 23: 171 bought or addedQ2 23: 256 cut or sold outQ2 23
Numbers
QuarterBought or addedCut or sold out
Q4 2022222185
Q1 2023242211
Q2 2023171256

Calls vs puts

Options held, notional value, last 4 quarters. P/C = puts ÷ calls

CallsPuts
$0$100m$200m$300mQ3 22 calls: $10.3mQ3 22 puts: $7.6mQ3 22P/C 0.74Q4 22 calls: $7.4mQ4 22 puts: $7.6mQ4 22P/C 1.02Q1 23 calls: $241.1mQ1 23 puts: $277.8mQ1 23P/C 1.15Q2 23 calls: $4.5mQ2 23 puts: $3.7mQ2 23P/C 0.83
Numbers
QuarterCallsPutsP/C
Q3 2022$10.3m$7.6m0.74
Q4 2022$7.4m$7.6m1.02
Q1 2023$241.1m$277.8m1.15
Q2 2023$4.5m$3.7m0.83

Biggest buyers

ALPINE ASSOCIATES MANAGEMENT INC. New +1,042,000+1.0m
First Trust Capital Management L.P. New +964,167+964.2k
NATIONAL BANK OF CANADA /FI/ Added +819,999+820.0k
Balyasny Asset Management L.P. Added +681,838+681.8k
Pentwater Capital Management LP Added +675,802+675.8k
OCONNOR, A Distinct Business Unit of UBS ASSET MANAGEMENT AMERICAS (LLC) Added +658,000+658.0k
TUDOR INVESTMENT CORP ET AL Added +535,129+535.1k
Taconic Capital Advisors LP Added +512,256+512.3k
Magnetar Financial LLC New +492,471+492.5k
NATIXIS Added +439,000+439.0k

Biggest sellers

TOMS Capital Investment Management LP Sold out -1,156,571-1.2m
FRANKLIN RESOURCES INC Reduced -1,096,037-1.1m
TIG Advisors, LLC Reduced -1,081,877-1.1m
CITADEL ADVISORS LLC Reduced -1,022,267-1.0m
Invesco Ltd. Reduced -973,306-973.3k
VANGUARD GROUP INC Reduced -585,444-585.4k
MACQUARIE GROUP LTD Reduced -488,546-488.5k
WELLINGTON MANAGEMENT GROUP LLP Reduced -471,474-471.5k
CBRE INVESTMENT MANAGEMENT LISTED REAL ASSETS LLC Reduced -430,610-430.6k
JPMORGAN CHASE & CO Reduced -383,781-383.8k

Biggest calls

SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $3.4m25.3k shares
CITADEL ADVISORS LLC Reduced $571.7k4.3k shares
JANE STREET GROUP, LLC Reduced $531.8k4.0k shares
GROUP ONE TRADING LLC Reduced $26.6k200 shares
SIMPLEX TRADING, LLC Reduced $19.0k400 shares
CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 shares

Biggest puts

SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $2.0m15.0k shares
Walleye Trading LLC Reduced $957.3k7.2k shares
CITADEL ADVISORS LLC Reduced $492.0k3.7k shares
WOLVERINE TRADING, LLC Reduced $304.2k2.3k shares
CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 shares
SIMPLEX TRADING, LLC Reduced $0800 shares

Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.

Holders, Q2 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 VANGUARD GROUP INC 0.04% of their portfolio Valley Forge, PA 12,337,57412.3m $1.6bn $1.6bn 0.04% Reduced -585.4k -585,444
2 BlackRock Inc. 0.04% of their portfolio New York, NY 9,667,3669.7m $1.3bn $1.3bn 0.04% Reduced -55.7k -55,720
3 STATE STREET CORP 0.03% of their portfolio BOSTON, MA 4,678,2834.7m $622.0m $622.0m 0.03% Reduced -11.7k -11,663
4 NORGES BANK 0.08% of their portfolio OSLO, Q8 3,066,5513.1m $407.7m $407.7m 0.08% Added +36.9k +36,918
5 PRICE T ROWE ASSOCIATES INC /MD/ 0.04% of their portfolio BALTIMORE, MD 2,144,9702.1m $285.2m $285.2m 0.04% Reduced -156.0k -156,010
6 JPMORGAN CHASE & CO 0.03% of their portfolio NEW YORK, NY 1,701,1871.7m $226.2m $226.2m 0.03% Reduced -383.8k -383,781
7 MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 0.07% of their portfolio Boston, MA 1,642,0751.6m $218.3m $218.3m 0.07% Reduced -199.1k -199,074
8 GEODE CAPITAL MANAGEMENT, LLC 0.02% of their portfolio BOSTON, MA 1,518,4241.5m $201.9m $201.9m 0.02% Added +58.2k +58,239
9 Balyasny Asset Management L.P. 0.46% of their portfolio Chicago, IL 1,238,1861.2m $164.6m $164.6m 0.46% Added +681.8k +681,838
10 WELLINGTON MANAGEMENT GROUP LLP 0.03% of their portfolio Boston, MA 1,220,1931.2m $162.2m $162.2m 0.03% Reduced -471.5k -471,474
11 DIMENSIONAL FUND ADVISORS LP 0.05% of their portfolio AUSTIN, TX 1,205,5251.2m $160.3m $160.3m 0.05% Added +11.5k +11,517
12 DEUTSCHE BANK AG\ 0.08% of their portfolio FRANKFURT AM MAIN, 2M 1,144,7441.1m $152.2m $152.2m 0.08% Reduced -226.3k -226,323
13 HBK INVESTMENTS L P 4.64% of their portfolio DALLAS, TX 1,100,1001.1m $146.3m $146.3m 4.64% Not comparable
14 ALPINE ASSOCIATES MANAGEMENT INC. 6.24% of their portfolio PALM BEACH, FL 1,042,0001.0m $138.5m $138.5m 6.24% New
15 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.04% of their portfolio SAN FRANCISCO, CA 1,013,6061.0m $134.8m $134.8m 0.04% Reduced -21.0k -20,977
16 Bank of New York Mellon Corp 0.03% of their portfolio NEW YORK, NY 987,475987.5k $131.3m $131.3m 0.03% Reduced -12.3k -12,307
17 Invesco Ltd. 0.03% of their portfolio ATLANTA, GA 987,343987.3k $131.3m $131.3m 0.03% Reduced -973.3k -973,306
18 First Trust Capital Management L.P. 7.63% of their portfolio CHICAGO, IL 964,167964.2k $128.2m $128.2m 7.63% New
19 NORTHERN TRUST CORP 0.02% of their portfolio CHICAGO, IL 959,059959.1k $127.5m $127.5m 0.02% Added +136.5k +136,541
20 Pentwater Capital Management LP 1.44% of their portfolio Naples, FL 865,802865.8k $115.1m $115.1m 1.44% Added +675.8k +675,802
21 MORGAN STANLEY 0.01% of their portfolio NEW YORK, NY 833,707833.7k $110.8m $110.8m 0.01% Reduced -80.6k -80,588
22 NATIONAL BANK OF CANADA /FI/ 0.22% of their portfolio MONTREAL, A8 820,307820.3k $110.4m $110.4m 0.22% Added +820.0k +819,999
23 MILLENNIUM MANAGEMENT LLC 0.11% of their portfolio NEW YORK, NY 812,194812.2k $108.0m $108.0m 0.11% Added +179.6k +179,600
24 PRUDENTIAL FINANCIAL INC 0.14% of their portfolio NEWARK, NJ 740,914740.9k $98.5m $98.5m 0.14% Reduced -210.0k -209,983
25 OCONNOR, A Distinct Business Unit of UBS ASSET MANAGEMENT AMERICAS (LLC) 2.07% of their portfolio CHICAGO, IL 734,310734.3k $97.6m $97.6m 2.07% Added +658.0k +658,000
26 CENTERSQUARE INVESTMENT MANAGEMENT LLC 1.14% of their portfolio CONSHOHOCKEN, PA 731,808731.8k $97.3m $97.3m 1.14% Added +21.7k +21,735
27 Taconic Capital Advisors LP 5.67% of their portfolio NEW YORK, NY 707,256707.3k $94.0m $94.0m 5.67% Added +512.3k +512,256
28 Legal & General Group Plc 0.03% of their portfolio London, X0 678,433678.4k $90.2m $90.2m 0.03% Reduced -5.1k -5,101
29 Nuveen Asset Management, LLC 0.03% of their portfolio CHICAGO, IL 581,717581.7k $77.3m $77.3m 0.03% Reduced -202.6k -202,576
30 MACQUARIE GROUP LTD 0.09% of their portfolio Sydney, NSW 2000, C3 579,037579.0k $77.0m $77.0m 0.09% Reduced -488.5k -488,546
31 TUDOR INVESTMENT CORP ET AL 1.19% of their portfolio STAMFORD, CT 546,993547.0k $72.7m $72.7m 1.19% Added +535.1k +535,129
32 AMERIPRISE FINANCIAL INC 0.02% of their portfolio MINNEAPOLIS, MN 539,402539.4k $71.7m $71.7m 0.02% Reduced -73.2k -73,159
33 UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.03% of their portfolio NEW YORK, NY 531,251531.3k $69.6m $69.6m 0.03% Unchanged
34 CBRE INVESTMENT MANAGEMENT LISTED REAL ASSETS LLC 1.25% of their portfolio RADNOR, PA 524,646524.6k $69.8m $69.8m 1.25% Reduced -430.6k -430,610
35 Weiss Multi-Strategy Advisers LLC 1.42% of their portfolio NEW YORK, NY 497,709497.7k $66.2m $66.2m 1.42% Added +37.3k +37,341
36 Magnetar Financial LLC 1.44% of their portfolio EVANSTON, IL 492,471492.5k $65.5m $65.5m 1.44% New
37 BARCLAYS PLC 0.04% of their portfolio LONDON, X0 487,801487.8k $64.9m $64.9m 0.04% Added +346.9k +346,928
38 NATIXIS 0.54% of their portfolio PARIS, I0 473,500473.5k $63.0m $63.0m 0.54% Added +439.0k +439,000
39 BANK OF AMERICA CORP /DE/ 0.01% of their portfolio CHARLOTTE, NC 462,149462.1k $61.4m $61.4m 0.01% Added +193.9k +193,892
40 SILVERCREST ASSET MANAGEMENT GROUP LLC 0.39% of their portfolio NEW YORK, NY 413,873413.9k $55.0m $55.0m 0.39% Added +38.4k +38,367
41 Sumitomo Mitsui Trust Group, Inc. 0.04% of their portfolio CHIYODA-KU, TOKYO, M0 397,704397.7k $52.9m $52.9m 0.04% Reduced -13.2k -13,215
42 TIG Advisors, LLC 3.13% of their portfolio New York, NY 390,890390.9k $52.0m $52.0m 3.13% Reduced -1.1m -1,081,877
43 Russell Investments Group, Ltd. 0.10% of their portfolio Seattle, WA 373,623373.6k $49.6m $49.6m 0.10% Reduced -41.1k -41,114
44 LASALLE INVESTMENT MANAGEMENT SECURITIES LLC 1.92% of their portfolio BALTIMORE, MD 365,140365.1k $48.5m $48.5m 1.92% Reduced -14.6k -14,573
45 NEXPOINT ASSET MANAGEMENT, L.P. 7.12% of their portfolio Dallas, TX 355,761355.8k $47.3m $47.3m 7.12% New
46 PICTON MAHONEY ASSET MANAGEMENT 2.24% of their portfolio Toronto, A6 342,584342.6k $45.5m $45.5m 2.24% New
47 Westchester Capital Management, LLC 1.57% of their portfolio VALHALLA, NY 342,182342.2k $45.5m $45.5m 1.57% New
48 VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.21% of their portfolio JUPITER, FL 333,696333.7k $44.4m $44.4m 0.21% Added +189.0k +188,967
49 PRINCIPAL FINANCIAL GROUP INC 0.03% of their portfolio DES MOINES, IA 319,496319.5k $42.5m $42.5m 0.03% Reduced -16.8k -16,814
50 ALLIANCEBERNSTEIN L.P. 0.02% of their portfolio NASHVILLE, TN 306,593306.6k $40.8m $40.8m 0.02% Added +160.8k +160,802
51 TWO SIGMA ADVISERS, LP 0.10% of their portfolio NEW YORK, NY 300,700300.7k $40.0m $40.0m 0.10% Reduced -22.6k -22,600
52 RHUMBLINE ADVISERS 0.04% of their portfolio BOSTON, MA 297,511297.5k $39.6m $39.6m 0.04% Added +4.1k +4,122
53 APG Asset Management US Inc. 0.30% of their portfolio New York, NY 285,015285.0k $37.9m $37.9m 0.30% Reduced -73.9k -73,867
54 HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND 0.16% of their portfolio TORONTO, A6 273,000273.0k $36.3m $36.3m 0.16% Added +87.6k +87,557
55 Carlson Capital, L.P. 2.98% of their portfolio DALLAS, TX 261,906261.9k $34.8m $34.8m 2.98% Added +181.9k +181,906
56 Schonfeld Strategic Advisors LLC 0.30% of their portfolio NEW YORK, NY 258,530258.5k $34.4m $34.4m 0.30% Reduced -52.4k -52,407
57 PGGM Investments 0.54% of their portfolio ZEIST, P7 252,140252.1k $33.5m $33.5m 0.54% Unchanged
58 HSBC HOLDINGS PLC 0.03% of their portfolio LONDON, X0 229,047229.0k $30.1m $30.1m 0.03% Added +185.0k +185,026
59 GOLDMAN SACHS GROUP INC 0.01% of their portfolio NEW YORK, NY 212,643212.6k $28.3m $28.3m 0.01% Reduced -54.5k -54,529
60 Presima Securities ULC 7.02% of their portfolio MONTREAL, A8 192,525192.5k $25.6m $25.6m 7.02% Reduced -2.3k -2,300
61 WATER ISLAND CAPITAL LLC 2.38% of their portfolio NEW YORK, NY 192,170192.2k $25.6m $25.6m 2.38% New
62 Swiss National Bank 0.02% of their portfolio ZURICH, V8 185,282185.3k $24.6m $24.6m 0.02% Added +1.9k +1,900
63 UBS Group AG 0.01% of their portfolio ZURICH, V8 177,647177.6k $23.6m $23.6m 0.01% Reduced -48.4k -48,379
64 Asset Management One Co., Ltd. 0.10% of their portfolio TOKYO, M0 175,714175.7k $23.4m $23.4m 0.10% Reduced -9.2k -9,224
65 FMR LLC 0.00% of their portfolio BOSTON, MA 172,156172.2k $22.9m $22.9m 0.00% Reduced -171.1k -171,064
66 State of New Jersey Common Pension Fund D 0.08% of their portfolio TRENTON, NJ 170,997171.0k $22.7m $22.7m 0.08% Unchanged
67 ARGENT CAPITAL MANAGEMENT LLC 0.73% of their portfolio ST LOUIS, MO 169,360169.4k $22.5m $22.5m 0.73% Reduced -2.9k -2,931
68 Swedbank AB 0.04% of their portfolio STOCKHOLM, V7 166,000166.0k $22.1m $22.1m 0.04% Unchanged
69 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.04% of their portfolio BALA CYNWYD, PA 164,505164.5k $21.9m $21.9m 0.04% Added +58.1k +58,083
70 California Public Employees Retirement System 0.02% of their portfolio Sacramento, CA 158,166158.2k $21.0m $21.0m 0.02% Reduced -7.0k -7,025
71 PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO 0.08% of their portfolio COLUMBUS, OH 153,430153.4k $20.4m $20.4m 0.08% Reduced -4.1k -4,130
72 Versor Investments LP 3.50% of their portfolio New York, NY 152,165152.2k $20.2m $20.2m 3.50% Added +149.2k +149,183
73 New York Life Investment Management LLC 0.21% of their portfolio New York, NY 151,373151.4k $20.1m $20.1m 0.21% New
74 Davidson Kempner Capital Management LP 0.42% of their portfolio New York, NY 151,133151.1k $20.1m $20.1m 0.42% Reduced -111.6k -111,579
75 CREDIT SUISSE AG/ 0.02% of their portfolio ZURICH, V8 150,888150.9k $20.1m $20.1m 0.02% Added +23.8k +23,834
76 AXA S.A. 0.06% of their portfolio PARIS, I0 145,234145.2k $19.3m $19.3m 0.06% Reduced -36.2k -36,220
77 CANADA LIFE ASSURANCE Co 0.04% of their portfolio WINNIPEG, A2 141,015141.0k $18.8m $18.8m 0.04% Added +1.1k +1,092
78 AQR Arbitrage LLC 0.81% of their portfolio Greenwich, CT 140,978141.0k $18.7m $18.7m 0.81% New
79 NEUBERGER BERMAN GROUP LLC 0.02% of their portfolio NEW YORK, NY 139,918139.9k $18.6m $18.6m 0.02% Reduced -10.6k -10,615
80 Retirement Systems of Alabama 0.08% of their portfolio MONTGOMERY, AL 137,884137.9k $18.3m $18.3m 0.08% Reduced -137.1k -137,106
81 Yakira Capital Management, Inc. 4.81% of their portfolio Westport, CT 136,157136.2k $18.1m $18.1m 4.81% New
82 ING GROEP NV 0.14% of their portfolio AMSTERDAM, P7 136,000136.0k $18.1m $18.1m 0.14% New
83 Grantham, Mayo, Van Otterloo & Co. LLC 0.08% of their portfolio Boston, MA 132,813132.8k $17.7m $17.7m 0.08% New
84 HRT FINANCIAL LP 0.17% of their portfolio NEW YORK, NY 131,561131.6k $17.5m $17.5m 0.17% New
85 Ergoteles LLC 0.84% of their portfolio NEW YORK, NY 131,543131.5k $17.5m $17.5m 0.84% New
86 Allianz Asset Management GmbH 0.03% of their portfolio MUNICH, 2M 129,348129.3k $17.2m $17.2m 0.03% Reduced -133.6k -133,643
87 AMERICAN INTERNATIONAL GROUP, INC. 0.10% of their portfolio New York, NY 128,341128.3k $17.1m $17.1m 0.10% Reduced -2.8k -2,802
88 TWO SIGMA INVESTMENTS, LP 0.05% of their portfolio NEW YORK, NY 127,436127.4k $16.9m $16.9m 0.05% Reduced -26.9k -26,931
89 LMR Partners LLP 0.38% of their portfolio LONDON, X0 126,113126.1k $16.8m $16.8m 0.38% Added +53.3k +53,257
90 HARVEST MANAGEMENT LLC 16.68% of their portfolio New York, NY 122,900122.9k $16.3m $16.3m 16.68% Added +37.0k +37,000
91 COHEN & STEERS, INC. 0.03% of their portfolio NEW YORK, NY 122,891122.9k $16.3m $16.3m 0.03% Reduced -247.9k -247,910
92 Uniplan Investment Counsel, Inc. 1.15% of their portfolio MILWAUKEE, WI 119,485119.5k $15.9m $15.9m 1.15% Reduced -5.1k -5,081
93 CHILTON CAPITAL MANAGEMENT LLC 0.85% of their portfolio HOUSTON, TX 116,232116.2k $15.5m $15.5m 0.85% Reduced -27.5k -27,500
94 NEW YORK STATE TEACHERS RETIREMENT SYSTEM 0.03% of their portfolio ALBANY, NY 115,041115.0k $15.3m $15.3m 0.03% Reduced -200 -200
95 AEW CAPITAL MANAGEMENT L P 0.58% of their portfolio BOSTON, MA 113,230113.2k $15.1m $15.1m 0.58% Reduced -175.0k -175,000
96 CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.02% of their portfolio WEST SACRAMENTO, CA 103,375103.4k $13.7m $13.7m 0.02% Reduced -2.8k -2,785
97 CSS LLC/IL 1.03% of their portfolio CHICAGO, IL 100,489100.5k $13.4m $13.4m 1.03% Added +89.5k +89,489
98 BANK OF MONTREAL /CAN/ 0.00% of their portfolio TORONTO, A6 100,095100.1k $13.3m $13.3m 0.00% Reduced -250.0k -250,034
99 One Fin Capital Management LP 5.77% of their portfolio San Francisco, CA 100,000100.0k $13.3m $13.3m 5.77% Unchanged
100 Chicago Capital Management, LLC 16.05% of their portfolio CHICAGO, IL 94,23994.2k $12.5m $12.5m 16.05% New