What to Know About This Fund's $61 Million Self-Storage Bet as a $10.5 Billion Deal Nears
Key takeaways
- According to an SEC filing dated May 14, 2026, First Trust Capital Management L.P. reported a new position in National Storage Affiliates Trust, acquiring 1,814,200 shares.
- This was a new position for the fund, representing 3.6% of its 13F assets under management after the trade.
- NYSE:GTLS: $130.63 million (6.9% of AUM)
NSA GTLS First Trust Capital Management established a new position in National Storage Affiliates Trust (NYSE:NSA) during the first quarter, buying an estimated $61.29 million in shares based on average quarterly pricing, according to a May 14, 2026, SEC filing.
According to an SEC filing dated May 14, 2026, First Trust Capital Management L.P. reported a new position in National Storage Affiliates Trust, acquiring 1,814,200 shares. The estimated transaction value was $61.29 million, calculated using the average closing price for the quarter ending March 31, 2026. The stake’s quarter-end value was $68.47 million, a figure that incorporates both trading activity and changes in the stock’s price.
This was a new position for the fund, representing 3.6% of its 13F assets under management after the trade.