Mitsubishi UFJ Asset Management Boosts Stake in Public Storage

Japanese asset manager increases holdings in major U.S. self-storage REIT

Feb. 27, 2026 at 11:24am

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Mitsubishi UFJ Asset Management Co. Ltd. has increased its stake in Public Storage (NYSE: PSA), one of the largest self-storage real estate investment trusts in the United States. According to a recent SEC filing, the Japanese asset management firm purchased an additional 17,474 shares of Public Storage, boosting its total holdings to 433,462 shares, or about 0.25% of the company.

Why it matters

This transaction highlights the continued interest from international investors in the U.S. real estate market, particularly in the self-storage sector which has seen strong performance in recent years. Public Storage's portfolio of over 2,500 self-storage facilities across the country makes it an attractive investment for large institutional investors like Mitsubishi UFJ.

The details

Mitsubishi UFJ Asset Management's increased stake in Public Storage was disclosed in a 13F filing with the SEC, which covers the firm's holdings as of the end of the third quarter of 2025. The additional 17,474 shares represent a 4.2% increase in Mitsubishi UFJ's position, bringing the total value of its Public Storage holdings to over $125 million.

  • Mitsubishi UFJ Asset Management increased its stake in Q3 2025.

The players

Mitsubishi UFJ Asset Management Co. Ltd.

A Japanese asset management firm that is a subsidiary of Mitsubishi UFJ Financial Group, one of the largest banking and financial services companies in the world.

Public Storage

A real estate investment trust (REIT) that is one of the largest owners and operators of self-storage facilities in the United States, with over 2,500 locations nationwide.

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The takeaway

Mitsubishi UFJ's increased stake in Public Storage reflects the continued appeal of the U.S. self-storage market to international investors seeking stable, income-generating real estate assets. As consumer demand for self-storage space remains high, major REITs like Public Storage are well-positioned to benefit from this trend.