NSA β€” NATIONAL STORAGE AFFILIATES

Ownership history in Bayesian Capital Management, LP  Β·  6 quarters on record

This page tracks every 13F SEC filing in which Bayesian Capital Management, LP reported a position in NATIONAL STORAGE AFFILIATES (NSA). Data includes quarterly share count, position size as % of portfolio, estimated market value, and end-of-quarter stock price β€” sourced directly from SEC EDGAR 13F filings.

πŸ” Peak position
0.55% (2025 Q4)
πŸ“Š Avg. % of fund
0.13%
πŸ“… First filed
2022 Q2
πŸ“… Last filed
2025 Q4
⏱ Quarters held
6

Position Intelligence

Bayesian Capital Management, LP Γ— NSA AI Analytics

πŸ“‰ Bayesian Capital Management, LP underperformed the S&P 500 by –78.1% annually on this NSA position. Timing score: 40% (2/5 decisions correct). Average cost basis: $33.52. Maximum drawdown during holding period: –30.5%.

πŸ“ˆ Position Alpha vs SPY
-78.1%
annualised excess return

❌ Significantly underperformed the S&P 500 by 78.1% ann.
5 quarters analyzed

⏱️ Timing Score
40%

⚠️ Poor timing β€” buys often preceded drops, trims preceded rallies.
2 of 5 add/trim decisions correct

πŸ’° Entry Quality
$33.52
-17.4% vs current ($27.69)

Best entry: $29.50 (2022 Q4)  Β·  Worst: $39.87 (2022 Q2)

πŸ›‘οΈ Drawdown Resilience
–30.5%
max drawdown while held

πŸ’ͺ Held through 1 major drawdown (>20%). Strong conviction under pressure.

πŸ’ͺ Fund Conviction
50%
buy-side decisions

3 adds Β· 3 trims. Bought during 2 of 3 down-price quarters. πŸ“ˆ More buys than sells across the holding period.

πŸ“‘ Position Trajectory
↑ Growing
last 4–5 quarters trend

πŸ“ˆ Bayesian Capital Management, LP has been actively increasing its NSA allocation β€” a bullish signal from insiders.
Currently 0.55% of portfolio

⚠ Based on quarterly 13F SEC filings and end-of-quarter closing prices. Timing score = accuracy of add/trim decisions vs next-quarter price direction. Alpha = mean quarterly excess return Γ— 4 (annualised). Not investment advice.

% of Fund (quarterly)    NSA price (monthly, adj. close)
πŸ“‹ Quarterly Holdings History 6 quarters  β–Ύ
Quarter Action Shares Change Chg % % of Fund Mkt Value Price (EOQ)
2025 Q4 REDUCED 8,441 -2,259 -21.1% 0.55% $238K $27.69
2025 Q2 ADDED 10,700 +3,800 +55.1% 0.05% $342K $30.25
2024 Q2 REDUCED 6,900 -2,856 -29.3% 0.03% $284K $36.78
2023 Q4 REDUCED 9,756 -1,344 -12.1% 0.04% $405K $35.97
2022 Q4 ADDED 11,100 +5,600 +101.8% 0.06% $401K $29.50
2022 Q2 INITIATED 5,500 β€” β€” 0.05% $275K $39.87
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