Vault-13

NATIONAL STORAGE AFFILIATES NSA

COM SHS BEN IN · REIT · CUSIP 637870106

353 institutional holders -6 vs Q2 2024
67,895,67467.9m shares reported held*
$3.3bnreported value*
44 new 100 added 145 reduced 49 sold out net bought ≈ $45.0m (+925.3k 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 ($25.6m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $48.18. Options: 5 managers hold calls ($1.6m notional), 4 hold puts ($847.6k).

Trends to Q3 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: 359Q3 24: 353353Q3 22Q1 23Q3 23Q1 24Q3 24
Numbers
QuarterHolders
Q3 2022314
Q4 2022317
Q1 2023305
Q2 2023335
Q3 2023299
Q4 2023307
Q1 2024321
Q2 2024359
Q3 2024353

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 outQ1 23: 168 bought or addedQ1 23: 151 cut or sold outQ1 23Q2 23: 165 bought or addedQ2 23: 158 cut or sold outQ3 23: 149 bought or addedQ3 23: 174 cut or sold outQ3 23Q4 23: 120 bought or addedQ4 23: 175 cut or sold outQ1 24: 145 bought or addedQ1 24: 151 cut or sold outQ1 24Q2 24: 167 bought or addedQ2 24: 171 cut or sold outQ3 24: 144 bought or addedQ3 24: 194 cut or sold outQ3 24
Numbers
QuarterBought or addedCut or sold out
Q4 2022170149
Q1 2023168151
Q2 2023165158
Q3 2023149174
Q4 2023120175
Q1 2024145151
Q2 2024167171
Q3 2024144194

Calls vs puts

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

CallsPuts
$0$2m$4m$6mQ4 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 0.24Q3 24 calls: $1.6mQ3 24 puts: $847.6kQ3 24P/C 0.52
Numbers
QuarterCallsPutsP/C
Q4 2023$2.6m$2.2m0.86
Q1 2024$5.0m$1.1m0.21
Q2 2024$3.4m$795.0k0.24
Q3 2024$1.6m$847.6k0.52

Biggest buyers

Capital World Investors New +1,827,585+1.8m
Long Pond Capital, LP Added +1,672,044+1.7m
AMERICAN CENTURY COMPANIES INC New +684,444+684.4k
FMR LLC Added +358,449+358.4k
APG Asset Management US Inc. New +350,000+350.0k
MARSHALL WACE, LLP New +334,590+334.6k
UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Added +334,445+334.4k
ARROWSTREET CAPITAL, LIMITED PARTNERSHIP Added +308,078+308.1k
Mesirow Institutional Investment Management, Inc. New +227,887+227.9k
VICTORY CAPITAL MANAGEMENT INC Added +227,334+227.3k

Biggest sellers

Balyasny Asset Management L.P. Sold out -988,339-988.3k
WASATCH ADVISORS LP Reduced -722,611-722.6k
B&I Capital AG Sold out -480,269-480.3k
JANE STREET GROUP, LLC Reduced -349,893-349.9k
NFJ INVESTMENT GROUP, LLC Sold out -270,555-270.6k
Callodine Capital Management, LP Sold out -260,000-260.0k
Gillson Capital LP Reduced -253,200-253.2k
VANGUARD GROUP INC Reduced -218,603-218.6k
Hudson Bay Capital Management LP Sold out -214,461-214.5k
Invesco Ltd. Reduced -206,366-206.4k

Biggest calls

SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $891.7k18.5k shares
CITADEL ADVISORS LLC Reduced $506.1k10.5k shares
GROUP ONE TRADING LLC Added $197.6k4.1k shares
SIMPLEX TRADING, LLC Reduced $38.0k800 shares
CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 shares

Biggest puts

CITADEL ADVISORS LLC Added $530.2k11.0k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP New $284.4k5.9k shares
SIMPLEX TRADING, LLC Reduced $33.0k700 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)

Holders, Q3 2024

#ManagerLocationShares Value% of their portfolioChangeShares change
1 VANGUARD GROUP INC 0.01% of their portfolio Valley Forge, PA 9,678,4939.7m $466.5m $466.5m 0.01% Reduced -218.6k -218,603
2 BlackRock, Inc. 0.01% of their portfolio New York, NY 8,056,4858.1m $388.3m $388.3m 0.01% First filing
3 WASATCH ADVISORS LP 1.46% of their portfolio SALT LAKE CITY, UT 6,172,7826.2m $297.5m $297.5m 1.46% Reduced -722.6k -722,611
4 STATE STREET CORP 0.01% of their portfolio BOSTON, MA 3,711,4003.7m $178.9m $178.9m 0.01% Reduced -73.4k -73,396
5 Thrivent Financial for Lutherans 0.23% of their portfolio Minneapolis, MN 2,537,3622.5m $122.3m $122.3m 0.23% Added +22.5k +22,454
6 Long Pond Capital, LP 4.46% of their portfolio New York, NY 2,065,0152.1m $99.5m $99.5m 4.46% Added +1.7m +1,672,044
7 Capital World Investors 0.01% of their portfolio LOS ANGELES, CA 1,827,5851.8m $88.1m $88.1m 0.01% New
8 FMR LLC 0.00% of their portfolio BOSTON, MA 1,664,1821.7m $80.2m $80.2m 0.00% Added +358.4k +358,449
9 JENNISON ASSOCIATES LLC 0.04% of their portfolio NEW YORK, NY 1,405,9411.4m $67.8m $67.8m 0.04% Reduced -137.7k -137,698
10 GEODE CAPITAL MANAGEMENT, LLC 0.01% of their portfolio BOSTON, MA 1,333,2601.3m $64.3m $64.3m 0.01% Added +4.9k +4,897
11 MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 0.02% of their portfolio Boston, MA 1,205,9441.2m $58.1m $58.1m 0.02% Reduced -34.0k -33,963
12 DIMENSIONAL FUND ADVISORS LP 0.01% of their portfolio AUSTIN, TX 1,049,1701.0m $50.6m $50.6m 0.01% Reduced -18.3k -18,320
13 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.01% of their portfolio SAN FRANCISCO, CA 989,045989.0k $47.7m $47.7m 0.01% Added +43.1k +43,074
14 ALLIANCEBERNSTEIN L.P. 0.02% of their portfolio NASHVILLE, TN 965,689965.7k $46.5m $46.5m 0.02% Reduced -5.6k -5,627
15 ANCHOR CAPITAL ADVISORS LLC 1.21% of their portfolio Boston, MA 947,316947.3k $45.7m $45.7m 1.21% Reduced -32.8k -32,765
16 Bank of New York Mellon Corp 0.01% of their portfolio NEW YORK, NY 909,799909.8k $43.9m $43.9m 0.01% Reduced -80.4k -80,414
17 CINCINNATI INSURANCE CO 0.72% of their portfolio FAIRFIELD, OH 893,654893.7k $43.1m $43.1m 0.72% Unchanged
18 NORTHERN TRUST CORP 0.01% of their portfolio CHICAGO, IL 825,701825.7k $39.8m $39.8m 0.01% Reduced -47.0k -47,024
19 TimesSquare Capital Management, LLC 0.57% of their portfolio NEW YORK, NY 795,310795.3k $38.3m $38.3m 0.57% Reduced -56.3k -56,270
20 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 724,641724.6k $34.9m $34.9m 0.00% Reduced -56.9k -56,879
21 GW&K Investment Management, LLC 0.29% of their portfolio BOSTON, MA 711,039711.0k $34.3m $34.3m 0.29% Reduced -9.0k -9,019
22 NORGES BANK 0.00% of their portfolio OSLO, Q8 688,097688.1k $33.2m $33.2m 0.00% Added +70.0k +70,000
23 AMERICAN CENTURY COMPANIES INC 0.02% of their portfolio KANSAS CITY, MO 684,444684.4k $33.0m $33.0m 0.02% New
24 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 638,554638.6k $30.8m $30.8m 0.00% Added +85.0k +85,016
25 Nuveen Asset Management, LLC 0.01% of their portfolio CHICAGO, IL 614,561614.6k $29.6m $29.6m 0.01% Added +33.8k +33,807
26 LPL Financial LLC 0.01% of their portfolio FORT MILL, SC 514,119514.1k $24.8m $24.8m 0.01% Added +10.5k +10,480
27 Invesco Ltd. 0.00% of their portfolio ATLANTA, GA 483,554483.6k $23.3m $23.3m 0.00% Reduced -206.4k -206,366
28 HEARTLAND ADVISORS INC 1.11% of their portfolio MILWAUKEE, WI 441,100441.1k $21.3m $21.3m 1.11% Reduced -32.4k -32,435
29 JANUS HENDERSON GROUP PLC 0.01% of their portfolio LONDON, X0 440,066440.1k $21.2m $21.2m 0.01% Reduced -162.7k -162,698
30 UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.01% of their portfolio NEW YORK, NY 421,161421.2k $20.3m $20.3m 0.01% Added +334.4k +334,445
31 Leeward Investments, LLC - MA 0.92% of their portfolio BOSTON, MA 413,093413.1k $19.9m $19.9m 0.92% Reduced -1.6k -1,641
32 Legal & General Group Plc 0.01% of their portfolio London, X0 411,437411.4k $19.8m $19.8m 0.01% Reduced -75.5k -75,534
33 Swedbank AB 0.03% of their portfolio STOCKHOLM, V7 410,000410.0k $19.8m $19.8m 0.03% Unchanged
34 SEI INVESTMENTS CO 0.02% of their portfolio OAKS, PA 365,095365.1k $17.6m $17.6m 0.02% Reduced -23.9k -23,900
35 APG Asset Management US Inc. 0.11% of their portfolio New York, NY 350,000350.0k $16.6m $16.6m 0.11% New
36 MARSHALL WACE, LLP 0.02% of their portfolio LONDON, X0 334,590334.6k $16.1m $16.1m 0.02% New
37 CBRE INVESTMENT MANAGEMENT LISTED REAL ASSETS LLC 0.24% of their portfolio RADNOR, PA 316,068316.1k $15.2m $15.2m 0.24% Unchanged
38 ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.01% of their portfolio BOSTON, MA 313,339313.3k $15.1m $15.1m 0.01% Added +308.1k +308,078
39 RAYMOND JAMES & ASSOCIATES 0.01% of their portfolio ST PETERSBURG, FL 299,508299.5k $14.4m $14.4m 0.01% Added +26.9k +26,878
40 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 296,594296.6k $14.3m $14.3m 0.00% Added +26.7k +26,696
41 D. SCOTT NEAL, INC. 6.94% of their portfolio LEXINGTON, KY 272,069272.1k $13.1m $13.1m 6.94% Reduced -5.1k -5,107
42 KENNEDY CAPITAL MANAGEMENT LLC 0.29% of their portfolio ST LOUIS, MO 269,987270.0k $13.0m $13.0m 0.29% Added +18.3k +18,333
43 MACQUARIE GROUP LTD 0.01% of their portfolio Sydney, NSW 2000, C3 258,846258.8k $12.5m $12.5m 0.01% Reduced -801 -801
44 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 257,429257.4k $12.4m $12.4m 0.00% Added +1.7k +1,672
45 VICTORY CAPITAL MANAGEMENT INC 0.01% of their portfolio San Antonio, TX 241,705241.7k $11.7m $11.7m 0.01% Added +227.3k +227,334
46 NEUBERGER BERMAN GROUP LLC 0.01% of their portfolio NEW YORK, NY 239,007239.0k $11.5m $11.5m 0.01% Added +123.2k +123,231
47 Mesirow Institutional Investment Management, Inc. 0.84% of their portfolio CHICAGO, IL 227,887227.9k $11.0m $11.0m 0.84% New
48 Allianz Asset Management GmbH 0.02% of their portfolio MUNICH, 2M 224,379224.4k $10.8m $10.8m 0.02% Reduced -125.3k -125,326
49 CITADEL ADVISORS LLC 0.01% of their portfolio MIAMI, FL 212,950212.9k $10.3m $10.3m 0.01% Reduced -38.4k -38,446
50 HANCOCK WHITNEY CORP 0.32% of their portfolio GULFPORT, MS 208,195208.2k $10.0m $10.0m 0.32% Added +197.0k +197,003
51 RHUMBLINE ADVISERS 0.01% of their portfolio BOSTON, MA 202,360202.4k $9.8m $9.8m 0.01% Reduced -6.1k -6,054
52 CRAWFORD INVESTMENT COUNSEL INC 0.15% of their portfolio ATLANTA, GA 179,919179.9k $8.7m $8.7m 0.15% Reduced -17.5k -17,544
53 Quantinno Capital Management LP 0.11% of their portfolio NEW YORK, NY 176,744176.7k $8.5m $8.5m 0.11% Added +17.8k +17,810
54 TUDOR INVESTMENT CORP ET AL 0.09% of their portfolio STAMFORD, CT 173,732173.7k $8.4m $8.4m 0.09% New
55 WEDGE CAPITAL MANAGEMENT L L P/NC 0.14% of their portfolio CHARLOTTE, NC 170,142170.1k $8.2m $8.2m 0.14% Reduced -61.8k -61,767
56 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 169,150169.2k $8.2m $8.2m 0.00% Added +5.5k +5,514
57 PRINCIPAL FINANCIAL GROUP INC 0.00% of their portfolio DES MOINES, IA 161,940161.9k $7.8m $7.8m 0.00% Reduced -70.3k -70,299
58 Edgestream Partners, L.P. 0.32% of their portfolio Princeton, NJ 149,221149.2k $7.2m $7.2m 0.32% Added +56.6k +56,582
59 LOS ANGELES CAPITAL MANAGEMENT LLC 0.03% of their portfolio LOS ANGELES, CA 147,819147.8k $7.1m $7.1m 0.03% Added +99.0k +99,024
60 California Public Employees Retirement System 0.00% of their portfolio Sacramento, CA 143,557143.6k $6.9m $6.9m 0.00% Reduced -3.0k -2,952
61 Swiss National Bank 0.00% of their portfolio ZURICH, V8 139,079139.1k $6.7m $6.7m 0.00% Reduced -6.9k -6,900
62 CENTAURUS FINANCIAL, INC. 0.40% of their portfolio ANAHEIM, CA 130,863130.9k $6.3m $6.3m 0.40% Reduced -10.3k -10,323
63 FRANKLIN RESOURCES INC 0.00% of their portfolio San Mateo, CA 130,051130.1k $5.8m $5.8m 0.00% Added +42.2k +42,241
64 PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO 0.03% of their portfolio COLUMBUS, OH 125,368125.4k $6.0m $6.0m 0.03% Reduced -1.3k -1,308
65 CANADA LIFE ASSURANCE Co 0.01% of their portfolio WINNIPEG, A2 124,737124.7k $6.0m $6.0m 0.01% Reduced -8.4k -8,369
66 GUGGENHEIM CAPITAL LLC 0.04% of their portfolio CHICAGO, IL 124,581124.6k $6.0m $6.0m 0.04% Added +67.9k +67,927
67 Man Group plc 0.02% of their portfolio LONDON, X0 121,530121.5k $5.9m $5.9m 0.02% Added +44.8k +44,830
68 FIRST TRUST ADVISORS LP 0.01% of their portfolio Wheaton, IL 118,317118.3k $5.7m $5.7m 0.01% Added +81.8k +81,807
69 Phocas Financial Corp. 0.64% of their portfolio ALAMEDA, CA 118,045118.0k $5.7m $5.7m 0.64% Reduced -7.2k -7,237
70 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 116,129116.1k $5.6m $5.6m 0.00% Reduced -196.2k -196,230
71 MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio NEW YORK, NY 115,722115.7k $5.6m $5.6m 0.00% Reduced -46.1k -46,107
72 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 113,904113.9k $5.5m $5.5m 0.00% Reduced -76.4k -76,417
73 B. Metzler seel. Sohn & Co. Holding AG 0.05% of their portfolio FRANKFURT, 2M 112,164112.2k $5.4m $5.4m 0.05% First filing
74 B. Metzler seel. Sohn & Co. AG 0.05% of their portfolio FRANKFURT, 2M 112,164112.2k $5.4m $5.4m 0.05% Reduced -9.7k -9,685
75 Keeley-Teton Advisors, LLC 0.58% of their portfolio Chicago, IL 109,972110.0k $5.3m $5.3m 0.58% Reduced -4.0k -4,048
76 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 108,734108.7k $5.2m $5.2m 0.00% Added +76.7k +76,652
77 Baird Financial Group, Inc. 0.01% of their portfolio MILWAUKEE, WI 105,698105.7k $5.1m $5.1m 0.01% Reduced -6.6k -6,570
78 Redwood Investment Management, LLC 0.44% of their portfolio SCOTTSDALE, AZ 104,086104.1k $4.9m $4.9m 0.44% Reduced -35.1k -35,115
79 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 103,203103.2k $5.0m $5.0m 0.00% Reduced -125 -125
80 Asset Management One Co., Ltd. 0.02% of their portfolio TOKYO, M0 99,27599.3k $4.8m $4.8m 0.02% Reduced -2.4k -2,371
81 NEW YORK STATE TEACHERS RETIREMENT SYSTEM 0.01% of their portfolio ALBANY, NY 98,75698.8k $4.8m $4.8m 0.01% Reduced -1.5k -1,453
82 ALGERT GLOBAL LLC 0.13% of their portfolio SAN FRANCISCO, CA 97,63597.6k $4.7m $4.7m 0.13% Unchanged
83 Pacer Advisors, Inc. 0.01% of their portfolio Malvern, PA 96,77596.8k $4.7m $4.7m 0.01% Added +4.4k +4,412
84 VOYA INVESTMENT MANAGEMENT LLC 0.00% of their portfolio ATLANTA, GA 96,72096.7k $4.7m $4.7m 0.00% Added +86.2k +86,237
85 NOMURA ASSET MANAGEMENT CO LTD 0.01% of their portfolio TOKYO, M0 86,23086.2k $4.2m $4.2m 0.01% Reduced -600 -600
86 Retirement Systems of Alabama 0.02% of their portfolio MONTGOMERY, AL 84,87784.9k $4.1m $4.1m 0.02% Reduced -1.1k -1,145
87 ONTARIO TEACHERS PENSION PLAN BOARD 0.04% of their portfolio Toronto, A6 83,33183.3k $4.0m $4.0m 0.04% Reduced -176.0k -176,002
88 Corebridge Financial, Inc. 0.02% of their portfolio HOUSTON, TX 82,61882.6k $4.0m $4.0m 0.02% Reduced -5.6k -5,554
89 OPPENHEIMER ASSET MANAGEMENT INC. 0.05% of their portfolio NEW YORK, NY 82,19782.2k $4.0m $4.0m 0.05% Reduced -8.9k -8,870
90 CINCINNATI FINANCIAL CORP 0.09% of their portfolio CINCINNATI, OH 82,03082.0k $4.0m $4.0m 0.09% Unchanged
91 Sumitomo Mitsui Trust Group, Inc. 0.00% of their portfolio CHIYODA-KU, TOKYO, M0 76,52976.5k $3.7m $3.7m 0.00% Reduced -422 -422
92 NATIXIS ADVISORS, LLC 0.01% of their portfolio Boston, MA 75,72475.7k $3.6m $3.6m 0.01% Added +3.7k +3,657
93 Advisory Alpha, LLC 0.12% of their portfolio HOLLAND, MI 72,56972.6k $3.5m $3.5m 0.12% Unchanged
94 Cetera Investment Advisers 0.01% of their portfolio SCHAUMBURG, IL 72,17872.2k $3.5m $3.5m 0.01% Reduced -8.9k -8,882
95 Aptus Capital Advisors, LLC 0.05% of their portfolio FAIRHOPE, AL 71,77071.8k $3.5m $3.5m 0.05% Added +9.8k +9,813
96 JUPITER ASSET MANAGEMENT LTD 0.03% of their portfolio London, X0 69,26869.3k $3.3m $3.3m 0.03% New
97 CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio WEST SACRAMENTO, CA 67,22267.2k $3.2m $3.2m 0.00% Reduced -5.0k -5,037
98 HRT FINANCIAL LP 0.02% of their portfolio NEW YORK, NY 65,54165.5k $3.2m $3.2m 0.02% Reduced -99.1k -99,091
99 XML Financial, LLC 0.26% of their portfolio BETHESDA, MD 58,99059.0k $2.8m $2.8m 0.26% Reduced -971 -971
100 MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.00% of their portfolio Toronto, A6 56,84056.8k $2.7m $2.7m 0.00% Reduced -1.7k -1,728