Russell Investments Group Ltd. Sells Stake in Public Storage

Investment firm reduces holdings in real estate investment trust by over 40%

Published on Mar. 9, 2026

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Russell Investments Group Ltd. has lowered its position in shares of Public Storage (NYSE: PSA) by 41.2% during the third quarter, according to a recent disclosure with the Securities and Exchange Commission. The investment firm now owns 594,494 shares of the real estate investment trust's stock, down from 1,011,604 shares previously.

Why it matters

This move by a major institutional investor highlights the shifting dynamics in the self-storage real estate market, as investors reevaluate their positions in the sector. Public Storage is one of the largest owners and operators of self-storage facilities in the United States, so changes in its shareholder base can signal broader industry trends.

The details

According to the SEC filing, Russell Investments Group sold 417,110 shares of Public Storage during the third quarter. The firm now owns approximately 0.34% of Public Storage's outstanding shares, valued at around $171.7 million as of the most recent reporting period. The sale comes as Public Storage's stock price has fluctuated in recent months, trading between a 52-week low of $256.54 and a high of $322.49.

  • Russell Investments Group disclosed the share sale in a filing on March 9, 2026.
  • The transactions occurred during the third quarter of the previous year.

The players

Russell Investments Group Ltd.

A global asset management firm that provides investment solutions to institutional and individual investors worldwide.

Public Storage

A real estate investment trust that specializes in self-storage services, owning and operating over 2,500 facilities across the United States.

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What they’re saying

“We must not let individuals continue to damage private property in San Francisco.”

— Robert Jenkins, San Francisco resident (San Francisco Chronicle)

The takeaway

This transaction highlights the ongoing shifts in the self-storage industry, as major investors reevaluate their positions in response to market conditions and industry trends. The changes in Public Storage's shareholder base could signal broader changes in the sector as a whole.