PS

PSA PUBLIC STORAGE

2026Q2 · CUSIP 74460D109 · Sector: REITs

Piling in

Net holder growth ranks near the top of the market

Funds that own it
1,123
Institutions that reported holding it to the SEC
Net increase in holders
+37
Last quarter 1,086 → now 1,123
How unusual is that
Top 20%
Stronger buying than 88% of US stocks
What the filings say, in one paragraph

1,123 funds held PSA at the end of 2026Q2, up 37 from the quarter before. That is stronger buying than 88.2% of US stocks — among the most piled-into names this quarter. On the business itself, revenue over the last 12 months was $5.0B(YoY +5.2%), the P/E is 32.2x, return on equity is 13.1%. PSA has had 26 buying rushes in its history, and the price moved +2.7% on average over the six months after (that is the raw price move, not how much it beat the market by). It sits in the REITs sector.

How many funds owned it, quarter by quarter

Bars = net change in institutional holders, positive (green) or negative (red). Line = total institutional holders.

2013Q3: holders=448 2013Q4: holders=465 2014Q1: holders=460 2014Q2: holders=460 2014Q3: holders=470 2014Q4: holders=511 2015Q1: holders=501 2015Q2: holders=514 2015Q3: holders=532 2015Q4: holders=558 2016Q1: holders=574 2016Q2: holders=608 2016Q3: holders=584 2016Q4: holders=607 2017Q1: holders=619 2017Q2: holders=617 2017Q3: holders=617 2017Q4: holders=663 2018Q1: holders=672 2018Q2: holders=688 2018Q3: holders=679 2018Q4: holders=699 2019Q1: holders=724 2019Q2: holders=689 2019Q3: holders=735 2019Q4: holders=747 2020Q1: holders=714 2020Q2: holders=709 2020Q3: holders=719 2020Q4: holders=777 2021Q1: holders=788 2021Q2: holders=817 2021Q3: holders=870 2021Q4: holders=969 2022Q1: holders=1002 2022Q2: holders=963 2022Q3: holders=923 2022Q4: holders=949 2023Q1: holders=939 2023Q2: holders=979 2023Q3: holders=972 2023Q4: holders=1052 2024Q1: holders=1062 2024Q2: holders=1063 2024Q3: holders=1124 2024Q4: holders=1125 2025Q1: holders=1137 2025Q2: holders=1141 2025Q3: holders=1116 2025Q4: holders=1106 2026Q1: holders=1086 2026Q2: holders=1123 -99 -49.5 +0 +49.5 +99 4038011199 13Q315Q116Q318Q119Q321Q122Q324Q125Q326Q2 Net change in holders (bars) Total funds holding (line)

What happened after each past buying rush 26 times in its history

Quarter of the rush How unusual then Price, next 3 months Price, next 6 months
2026Q2 Top 20% — —
2024Q3 Top 5% -11.5% -9.0%
2023Q4 Top 10% +0.7% +3.6%
2023Q2 Top 5% -5.4% -5.7%
2022Q4 Top 20% +4.0% -3.9%
2022Q1 Top 5% +4.0% +20.4%
2021Q4 Top 5% +13.4% -12.3%
2021Q3 Top 5% +10.1% +4.3%

These are the raw price moves, not how much it beat the market by. Compare them against the market over the same months — in a strong bull market almost everything is up.

Show all the numbers (large funds, value held, options…) ▾
Of them, large funds
314
Change in large funds
+24
Total value they hold
$48.6B
Funds buying for the first time
135
Funds that sold out entirely
98
Price change that quarter
+10.5%
Funds holding puts (bearish)
11
Funds holding calls (bullish)
14

These are for people who want to dig. Skip them if they do not mean anything to you — the three numbers above are enough.

Fundamentals

PE (TTM)
32.2
EPS (TTM)
$9.54
EPS YoY
-1.0%
Revenue (TTM)
$5.0B
Revenue YoY
+5.2%
Net margin
37.8%
ROE
13.1%
Debt ratio
47.5%
FCF (TTM)
—
Dividend (TTM)
$12.00
Quarterly Revenue & EPS
2021-12-31: EPS 3.17 2022-03-31: EPS 2.63 2022-06-30: EPS 3.42 2022-09-30: EPS 15.38 2022-12-31: EPS 2.07 2023-03-31: EPS 2.65 2023-06-30: EPS 3.00 2023-09-30: EPS 3.20 2023-12-31: EPS 2.21 2024-03-31: EPS 2.60 2024-06-30: EPS 2.66 2024-09-30: EPS 2.16 2024-12-31: EPS 3.22 2025-03-31: EPS 2.04 2025-06-30: EPS 1.76 2025-09-30: EPS 2.62 2025-12-31: EPS 2.59 2026-03-31: EPS 2.71 2026-06-30: EPS 2.55 2026-09-30: EPS 1.69 0B 0.7B 1.4B $B 0.00 8.46 16.92 2016201720182019202020212022202320242025202609/26 Revenue EPS

Quarterly figures, revenue up to 10 years back; EPS split-adjusted, early quarters hidden when not calibrable

P/E (TTM) over time
4Y median 28 9 22 34 20222023202420252026

P/E = close around day 47 after quarter-end ÷ TTM EPS then; this is a consistent valuation date, not the company’s actual filing date; loss quarters hidden

As of 2026-09-30 · SEC filings (XBRL)

Email me the next update

2026 Q3 holdings are due 2026-11-16. We will email you when the refreshed lists are live.