Vault-13

NATIONAL STORAGE AFFILIATES NSA

COM SHS BEN IN · REIT · CUSIP 637870106

359 institutional holders +38 vs Q1 2024
67,011,51067.0m shares reported held*
$2.8bnreported value*
64 new 103 added 143 reduced 28 sold out net sold ≈ $117.9m (-2.9m 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 ($22.6m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $41.21. Options: 7 managers hold calls ($3.4m notional), 5 hold puts ($795.0k).

Trends to Q2 2024

Institutional holders

Managers reporting a position, each quarter

0200400Q3 22: 314Q4 22: 317Q1 23: 305Q2 23: 335Q3 23: 299Q4 23: 307Q1 24: 321Q2 24: 359359Q3 22Q1 23Q3 23Q1 24Q2 24
Numbers
QuarterHolders
Q3 2022314
Q4 2022317
Q1 2023305
Q2 2023335
Q3 2023299
Q4 2023307
Q1 2024321
Q2 2024359

Buyers vs sellers

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

Bought or addedCut or sold out
2000200Q4 22: 170 bought or addedQ4 22: 149 cut or sold outQ4 22Q1 23: 168 bought or addedQ1 23: 151 cut or sold outQ2 23: 165 bought or addedQ2 23: 158 cut or sold outQ2 23Q3 23: 149 bought or addedQ3 23: 174 cut or sold outQ4 23: 120 bought or addedQ4 23: 175 cut or sold outQ4 23Q1 24: 145 bought or addedQ1 24: 151 cut or sold outQ2 24: 167 bought or addedQ2 24: 171 cut or sold outQ2 24
Numbers
QuarterBought or addedCut or sold out
Q4 2022170149
Q1 2023168151
Q2 2023165158
Q3 2023149174
Q4 2023120175
Q1 2024145151
Q2 2024167171

Calls vs puts

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

CallsPuts
$0$2m$4m$6mQ3 23 calls: $2.3mQ3 23 puts: $2.0mQ3 23P/C 0.89Q4 23 calls: $2.6mQ4 23 puts: $2.2mQ4 23P/C 0.86Q1 24 calls: $5.0mQ1 24 puts: $1.1mQ1 24P/C 0.21Q2 24 calls: $3.4mQ2 24 puts: $795.0kQ2 24P/C 0.24
Numbers
QuarterCallsPutsP/C
Q3 2023$2.3m$2.0m0.89
Q4 2023$2.6m$2.2m0.86
Q1 2024$5.0m$1.1m0.21
Q2 2024$3.4m$795.0k0.24

Biggest buyers

Balyasny Asset Management L.P. Added +745,479+745.5k
Long Pond Capital, LP New +392,971+393.0k
JANE STREET GROUP, LLC Added +370,754+370.8k
NORTHERN TRUST CORP Added +346,399+346.4k
WASATCH ADVISORS LP Added +331,925+331.9k
Gillson Capital LP New +294,900+294.9k
GOLDMAN SACHS GROUP INC Added +255,596+255.6k
Hudson Bay Capital Management LP New +214,461+214.5k
JENNISON ASSOCIATES LLC Added +191,700+191.7k
HRT FINANCIAL LP New +164,632+164.6k

Biggest sellers

MORGAN STANLEY Reduced -1,452,973-1.5m
WELLINGTON MANAGEMENT GROUP LLP Reduced -1,025,692-1.0m
VANGUARD GROUP INC Reduced -971,731-971.7k
BlackRock Inc. Reduced -739,013-739.0k
UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Reduced -289,921-289.9k
STATE STREET CORP Reduced -279,053-279.1k
JPMORGAN CHASE & CO Reduced -269,542-269.5k
Mirae Asset Global Investments Co., Ltd. Reduced -230,502-230.5k
ALLIANCEBERNSTEIN L.P. Reduced -165,141-165.1k
Lighthouse Investment Partners, LLC Sold out -145,000-145.0k

Biggest calls

SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $1.4m34.5k shares
CITADEL ADVISORS LLC Added $1.0m25.2k shares
JANE STREET GROUP, LLC Added $610.1k14.8k shares
SIMPLEX TRADING, LLC Reduced $115.0k2.8k shares
PEAK6 Investments LLC Added $90.7k2.2k shares
GROUP ONE TRADING LLC Reduced $86.6k2.1k shares
CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 shares

Biggest puts

CITADEL ADVISORS LLC Reduced $449.3k10.9k shares
WOLVERINE TRADING, LLC New $247.3k6.0k shares
SIMPLEX TRADING, LLC Added $86.0k2.1k shares
GROUP ONE TRADING LLC Unchanged $12.4k300 shares
CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 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.

Major shareholders (over 5%)

Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.

HolderStakeChangeShares Last filed
Nordhagen Arlen Dale 13D · may seek influence filed 2026-03-18
Stated purposeItem 4 is hereby amended and supplemented by the following: The information provided in Item 6 is incorporated by reference herein. Full filing
 8.4% 6.5m≈ $289.1m 2026-03-18
VANGUARD PORTFOLIO MANAGEMENT LLC 13G · institution new · filed 2026-04-29 7.8% new 6.0m≈ $267.4m 2026-04-29
COHEN & STEERS, INC. 13G · institution new · filed 2026-05-15 6.0% new 4.6m≈ $204.7m 2026-05-15
VANGUARD CAPITAL MANAGEMENT LLC 13G · institution new · filed 2026-07-31 5.0% new 3.9m≈ $173.0m 2026-07-31

Fell to 5% or below in the last year: Long Pond Capital, LP (0.0%, 2026-08-13), PRUDENTIAL FINANCIAL INC (1.8%, 2026-05-08), VANGUARD GROUP INC (0.0%, 2026-03-27; now reported by VANGUARD PORTFOLIO MANAGEMENT LLC), WASATCH ADVISORS LP (2.4%, 2025-11-12)

Holders, Q2 2024

#ManagerLocationShares Value% of their portfolioChangeShares change
1 VANGUARD GROUP INC 0.01% of their portfolio Valley Forge, PA 9,897,0969.9m $408.0m $408.0m 0.01% Reduced -971.7k -971,731
2 BlackRock Inc. 0.01% of their portfolio New York, NY 8,183,4358.2m $337.3m $337.3m 0.01% Reduced -739.0k -739,013
3 WASATCH ADVISORS LP 1.52% of their portfolio SALT LAKE CITY, UT 6,895,3936.9m $284.2m $284.2m 1.52% Added +331.9k +331,925
4 STATE STREET CORP 0.01% of their portfolio BOSTON, MA 3,784,7963.8m $156.0m $156.0m 0.01% Reduced -279.1k -279,053
5 Thrivent Financial for Lutherans 0.21% of their portfolio Minneapolis, MN 2,514,9082.5m $103.7m $103.7m 0.21% Added +90.9k +90,925
6 JENNISON ASSOCIATES LLC 0.04% of their portfolio NEW YORK, NY 1,543,6391.5m $63.6m $63.6m 0.04% Added +191.7k +191,700
7 GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio BOSTON, MA 1,328,3631.3m $54.8m $54.8m 0.00% Reduced -79.2k -79,185
8 FMR LLC 0.00% of their portfolio BOSTON, MA 1,305,7331.3m $53.8m $53.8m 0.00% Added +882 +882
9 MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 0.02% of their portfolio Boston, MA 1,239,9071.2m $51.1m $51.1m 0.02% Reduced -22.3k -22,342
10 DIMENSIONAL FUND ADVISORS LP 0.01% of their portfolio AUSTIN, TX 1,067,4901.1m $44.0m $44.0m 0.01% Reduced -75.4k -75,375
11 Bank of New York Mellon Corp 0.01% of their portfolio NEW YORK, NY 990,213990.2k $40.8m $40.8m 0.01% Reduced -60.0k -59,951
12 Balyasny Asset Management L.P. 0.11% of their portfolio Chicago, IL 988,339988.3k $40.7m $40.7m 0.11% Added +745.5k +745,479
13 ANCHOR CAPITAL ADVISORS LLC 1.14% of their portfolio Boston, MA 980,081980.1k $40.4m $40.4m 1.14% Reduced -23.7k -23,726
14 ALLIANCEBERNSTEIN L.P. 0.01% of their portfolio NASHVILLE, TN 971,316971.3k $40.0m $40.0m 0.01% Reduced -165.1k -165,141
15 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.01% of their portfolio SAN FRANCISCO, CA 945,971946.0k $39.0m $39.0m 0.01% Reduced -75.4k -75,437
16 CINCINNATI INSURANCE CO 0.61% of their portfolio FAIRFIELD, OH 893,654893.7k $36.8m $36.8m 0.61% Unchanged
17 NORTHERN TRUST CORP 0.01% of their portfolio CHICAGO, IL 872,725872.7k $36.0m $36.0m 0.01% Added +346.4k +346,399
18 TimesSquare Capital Management, LLC 0.55% of their portfolio NEW YORK, NY 851,580851.6k $35.1m $35.1m 0.55% Reduced -89.5k -89,476
19 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 781,520781.5k $32.2m $32.2m 0.00% Reduced -1.5m -1,452,973
20 GW&K Investment Management, LLC 0.27% of their portfolio BOSTON, MA 720,058720.1k $29.7m $29.7m 0.27% Added +13.6k +13,644
21 Invesco Ltd. 0.01% of their portfolio ATLANTA, GA 689,920689.9k $28.4m $28.4m 0.01% Added +29.3k +29,330
22 NORGES BANK 0.00% of their portfolio OSLO, Q8 618,097618.1k $25.5m $25.5m 0.00% Reduced -105.6k -105,614
23 JANUS HENDERSON GROUP PLC 0.01% of their portfolio LONDON, X0 602,764602.8k $24.8m $24.8m 0.01% Reduced -45.0k -44,953
24 Nuveen Asset Management, LLC 0.01% of their portfolio CHICAGO, IL 580,754580.8k $23.9m $23.9m 0.01% Reduced -6.6k -6,607
25 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 553,538553.5k $22.8m $22.8m 0.00% Reduced -269.5k -269,542
26 LPL Financial LLC 0.01% of their portfolio FORT MILL, SC 503,639503.6k $20.8m $20.8m 0.01% Added +2.6k +2,556
27 Legal & General Group Plc 0.01% of their portfolio London, X0 486,971487.0k $20.1m $20.1m 0.01% Reduced -83.4k -83,440
28 B&I Capital AG 6.33% of their portfolio ZURICH, V8 480,269480.3k $19.8m $19.8m 6.33% Reduced -49.3k -49,300
29 HEARTLAND ADVISORS INC 1.09% of their portfolio MILWAUKEE, WI 473,535473.5k $19.5m $19.5m 1.09% Reduced -2.5k -2,465
30 Leeward Investments, LLC - MA 0.78% of their portfolio BOSTON, MA 414,734414.7k $17.1m $17.1m 0.78% Added +97.8k +97,786
31 Swedbank AB 0.02% of their portfolio STOCKHOLM, V7 410,000410.0k $16.9m $16.9m 0.02% Unchanged
32 Long Pond Capital, LP 0.88% of their portfolio New York, NY 392,971393.0k $16.2m $16.2m 0.88% New
33 SEI INVESTMENTS CO 0.02% of their portfolio OAKS, PA 388,995389.0k $16.0m $16.0m 0.02% Added +32.5k +32,544
34 JANE STREET GROUP, LLC 0.02% of their portfolio NEW YORK, NY 381,554381.6k $15.7m $15.7m 0.02% Added +370.8k +370,754
35 Allianz Asset Management GmbH 0.02% of their portfolio MUNICH, 2M 349,705349.7k $14.4m $14.4m 0.02% Reduced -359 -359
36 CBRE INVESTMENT MANAGEMENT LISTED REAL ASSETS LLC 0.24% of their portfolio RADNOR, PA 316,068316.1k $13.0m $13.0m 0.24% Unchanged
37 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 312,359312.4k $12.9m $12.9m 0.00% Added +255.6k +255,596
38 Gillson Capital LP 1.17% of their portfolio CHICAGO, IL 294,900294.9k $12.2m $12.2m 1.17% New
39 D. SCOTT NEAL, INC. 6.36% of their portfolio LEXINGTON, KY 277,176277.2k $11.4m $11.4m 6.36% Added +46.8k +46,848
40 RAYMOND JAMES & ASSOCIATES 0.01% of their portfolio ST PETERSBURG, FL 272,630272.6k $11.2m $11.2m 0.01% Added +2.7k +2,666
41 NFJ INVESTMENT GROUP, LLC 0.34% of their portfolio DALLAS, TX 270,555270.6k $11.2m $11.2m 0.34% Reduced -44.6k -44,569
42 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 269,898269.9k $11.1m $11.1m 0.00% Reduced -16.7k -16,695
43 Callodine Capital Management, LP 2.50% of their portfolio BOSTON, MA 260,000260.0k $10.7m $10.7m 2.50% Added +30.0k +30,000
44 MACQUARIE GROUP LTD 0.01% of their portfolio Sydney, NSW 2000, C3 259,647259.6k $10.7m $10.7m 0.01% Added +1.1k +1,052
45 ONTARIO TEACHERS PENSION PLAN BOARD 0.10% of their portfolio Toronto, A6 259,333259.3k $10.7m $10.7m 0.10% Added +15.0k +15,033
46 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 255,757255.8k $10.5m $10.5m 0.00% Added +9.6k +9,585
47 KENNEDY CAPITAL MANAGEMENT LLC 0.22% of their portfolio ST LOUIS, MO 251,654251.7k $10.4m $10.4m 0.22% Reduced -34.4k -34,370
48 CITADEL ADVISORS LLC 0.01% of their portfolio MIAMI, FL 251,396251.4k $10.4m $10.4m 0.01% Reduced -108.2k -108,227
49 PRINCIPAL FINANCIAL GROUP INC 0.01% of their portfolio DES MOINES, IA 232,239232.2k $9.6m $9.6m 0.01% Reduced -58.6k -58,611
50 WEDGE CAPITAL MANAGEMENT L L P/NC 0.17% of their portfolio CHARLOTTE, NC 231,909231.9k $9.6m $9.6m 0.17% Reduced -54.5k -54,531
51 Hudson Bay Capital Management LP 0.07% of their portfolio STAMFORD, CT 214,461214.5k $8.8m $8.8m 0.07% New
52 RHUMBLINE ADVISERS 0.01% of their portfolio BOSTON, MA 208,414208.4k $8.6m $8.6m 0.01% Reduced -19.6k -19,608
53 Utah Retirement Systems 0.10% of their portfolio SALT LAKE CITY, UT 199,517199.5k $8.2m $8.2m 0.10% Reduced -600 -600
54 CRAWFORD INVESTMENT COUNSEL INC 0.16% of their portfolio ATLANTA, GA 197,463197.5k $8.1m $8.1m 0.16% Added +670 +670
55 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 190,321190.3k $7.8m $7.8m 0.00% Added +64.2k +64,194
56 HRT FINANCIAL LP 0.04% of their portfolio NEW YORK, NY 164,632164.6k $6.8m $6.8m 0.04% New
57 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 163,636163.6k $6.7m $6.7m 0.00% Reduced -846 -846
58 MILLENNIUM MANAGEMENT LLC 0.01% of their portfolio NEW YORK, NY 161,829161.8k $6.7m $6.7m 0.01% Added +90.2k +90,206
59 Quantinno Capital Management LP 0.12% of their portfolio NEW YORK, NY 158,934158.9k $6.6m $6.6m 0.12% Added +55.7k +55,699
60 California Public Employees Retirement System 0.00% of their portfolio Sacramento, CA 146,509146.5k $6.0m $6.0m 0.00% Added +461 +461
61 Swiss National Bank 0.00% of their portfolio ZURICH, V8 145,979146.0k $6.0m $6.0m 0.00% Reduced -9.8k -9,800
62 Schonfeld Strategic Advisors LLC 0.05% of their portfolio NEW YORK, NY 144,659144.7k $6.0m $6.0m 0.05% Added +74.5k +74,516
63 CENTAURUS FINANCIAL, INC. 0.39% of their portfolio ANAHEIM, CA 141,186141.2k $5.8m $5.8m 0.39% Reduced -156 -156
64 Redwood Investment Management, LLC 0.51% of their portfolio SCOTTSDALE, AZ 139,201139.2k $5.8m $5.8m 0.51% Reduced -492 -492
65 CANADA LIFE ASSURANCE Co 0.01% of their portfolio WINNIPEG, A2 133,106133.1k $5.5m $5.5m 0.01% Reduced -5.4k -5,398
66 PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO 0.02% of their portfolio COLUMBUS, OH 126,676126.7k $5.2m $5.2m 0.02% Reduced -13.0k -12,973
67 Phocas Financial Corp. 0.59% of their portfolio ALAMEDA, CA 125,282125.3k $5.2m $5.2m 0.59% Reduced -2.4k -2,354
68 B. Metzler seel. Sohn & Co. AG 0.05% of their portfolio FRANKFURT, 2M 121,849121.8k $5.0m $5.0m 0.05% Added +1.1k +1,127
69 NEUBERGER BERMAN GROUP LLC 0.00% of their portfolio NEW YORK, NY 115,776115.8k $4.8m $4.8m 0.00% Reduced -780 -780
70 Keeley-Teton Advisors, LLC 0.60% of their portfolio Chicago, IL 114,020114.0k $4.7m $4.7m 0.60% Reduced -13 -13
71 Baird Financial Group, Inc. 0.01% of their portfolio MILWAUKEE, WI 112,268112.3k $4.6m $4.6m 0.01% Reduced -4.3k -4,336
72 MANNING & NAPIER ADVISORS LLC 0.05% of their portfolio Fairport, NY 110,000110.0k $4.5m $4.5m 0.05% First filing
73 DEUTSCHE BANK AG\ 0.00% of their portfolio FRANKFURT AM MAIN, 2M 108,823108.8k $4.5m $4.5m 0.00% Added +66.9k +66,884
74 CAPITAL FUND MANAGEMENT S.A. 0.05% of their portfolio PARIS, I0 108,385108.4k $4.5m $4.5m 0.05% Added +51.6k +51,581
75 ExodusPoint Capital Management, LP 0.05% of their portfolio NEW YORK, NY 108,110108.1k $4.5m $4.5m 0.05% New
76 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 107,356107.4k $4.4m $4.4m 0.00% Added +13.9k +13,877
77 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 103,328103.3k $4.3m $4.3m 0.00% Reduced -7.0k -7,029
78 Asset Management One Co., Ltd. 0.02% of their portfolio TOKYO, M0 101,646101.6k $4.2m $4.2m 0.02% Reduced -14.8k -14,758
79 NEW YORK STATE TEACHERS RETIREMENT SYSTEM 0.01% of their portfolio ALBANY, NY 100,209100.2k $4.1m $4.1m 0.01% Reduced -2.7k -2,704
80 ALGERT GLOBAL LLC 0.13% of their portfolio SAN FRANCISCO, CA 97,63597.6k $4.0m $4.0m 0.13% Reduced -21.0k -21,021
81 Edgestream Partners, L.P. 0.18% of their portfolio Princeton, NJ 92,63992.6k $3.8m $3.8m 0.18% Added +22.6k +22,639
82 Pacer Advisors, Inc. 0.01% of their portfolio Malvern, PA 92,36392.4k $3.8m $3.8m 0.01% Reduced -13.1k -13,059
83 OPPENHEIMER ASSET MANAGEMENT INC. 0.05% of their portfolio NEW YORK, NY 91,06791.1k $3.8m $3.8m 0.05% Added +26.8k +26,846
84 Castellan Group 1.76% of their portfolio LOUISVILLE, KY 89,62389.6k $3.7m $3.7m 1.76% Added +10.7k +10,691
85 Corebridge Financial, Inc. 0.02% of their portfolio HOUSTON, TX 88,17288.2k $3.6m $3.6m 0.02% First filing
86 FRANKLIN RESOURCES INC 0.00% of their portfolio San Mateo, CA 87,81087.8k $3.6m $3.6m 0.00% Added +37.5k +37,458
87 NOMURA ASSET MANAGEMENT CO LTD 0.01% of their portfolio TOKYO, M0 86,83086.8k $3.6m $3.6m 0.01% Reduced -3.5k -3,480
88 UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio NEW YORK, NY 86,71686.7k $3.6m $3.6m 0.00% Reduced -289.9k -289,921
89 Retirement Systems of Alabama 0.01% of their portfolio MONTGOMERY, AL 86,02286.0k $3.5m $3.5m 0.01% Reduced -11.0k -10,975
90 CINCINNATI FINANCIAL CORP 0.07% of their portfolio CINCINNATI, OH 82,03082.0k $3.4m $3.4m 0.07% Unchanged
91 Cetera Investment Advisers 0.01% of their portfolio SCHAUMBURG, IL 81,06081.1k $3.3m $3.3m 0.01% Reduced -2.8k -2,807
92 Sumitomo Mitsui Trust Group, Inc. 0.00% of their portfolio CHIYODA-KU, TOKYO, M0 76,95177.0k $3.2m $3.2m 0.00% Reduced -8.5k -8,467
93 Man Group plc 0.01% of their portfolio LONDON, X0 76,70076.7k $3.2m $3.2m 0.01% New
94 Advisory Alpha, LLC 0.12% of their portfolio HOLLAND, MI 72,56972.6k $3.0m $3.0m 0.12% Unchanged
95 CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio WEST SACRAMENTO, CA 72,25972.3k $3.0m $3.0m 0.00% Reduced -6.4k -6,358
96 NATIXIS ADVISORS, LLC 0.01% of their portfolio Boston, MA 72,06772.1k $3.0m $3.0m 0.01% Added +11.1k +11,082
97 Center Lake Capital Management, LLC 5.60% of their portfolio WEST PALM BEACH, FL 70,00070.0k $2.9m $2.9m 5.60% New
98 BOOTHBAY FUND MANAGEMENT, LLC 0.09% of their portfolio NEW YORK, NY 69,21069.2k $2.9m $2.9m 0.09% Reduced -58.3k -58,252
99 UBS Group AG 0.00% of their portfolio ZURICH, V8 66,64466.6k $2.7m $2.7m 0.00% Reduced -25.5k -25,473
100 Aptus Capital Advisors, LLC 0.05% of their portfolio FAIRHOPE, AL 61,95762.0k $2.6m $2.6m 0.05% Added +12.3k +12,300