NSA

The latest 13F reporting period has come and gone, and Insider Monkey have plowed through 821 13F filings that hedge funds and well-known value investors are required to file by the SEC. The 13F filings show the funds' and investors' portfolio positions as of

<ul><li>U.S. equity markets continued their seemingly relentless rally this week despite a stalemate in stimulus negotiations as an encouraging slate of employment data quelled concerns about an ebbing recovery.</li><li>Gaining for the fifth week out of the past six, the S&P 500 rose by 2.5% this week to climb back within 2% of all-time record-highs following a 50% rebound.</li><li>Amid the busiest week of real estate earning season, Equity REITs finished higher by 1.2% with 12 of 18 property sectors in positive territory while Mortgage REITs gained 2.1%.</li><li>While less eventful than last quarter, REIT earnings season has seen its share of twists and turns. Only two additional REITs reduced dividends in Q2 after nearly 60 slashed distributions last quarter.</li><li>Rent collection continues to trend higher across the REIT sector. Residential real estate equities led the way after strong earnings and positive commentary on the state of the U.S. housing market from Zillow.</li></ul>

<ul><li>U.S. equity markets continued their seemingly relentless rally this week despite a stalemate in stimulus negotiations as an encouraging slate of employment data quelled concerns about an ebbing recovery.</li><li>Gaining for the fifth week out of the past six, the S&P 500 rose by 2.5% this week to climb back within 2% of all-time record-highs following a 50% rebound.</li><li>Amid the busiest week of real estate earning season, Equity REITs finished higher by 1.2% with 12 of 18 property sectors in positive territory while Mortgage REITs gained 2.1%.</li><li>While less eventful than last quarter, REIT earnings season has seen its share of twists and turns. Only two additional REITs reduced dividends in Q2 after nearly 60 slashed distributions last quarter.</li><li>Rent collection continues to trend higher across the REIT sector. Residential real estate equities led the way after strong earnings and positive commentary on the state of the U.S. housing market from Zillow.</li></ul>

National Storage (NSA) delivered FFO and revenue surprises of 7.89% and 2.03%, respectively, for the quarter ended June 2020. Do the numbers hold clues to what lies ahead for the stock?

National Storage Affiliates Trust Reports Second Quarter 2020 Results

As the performance of REITs depends on the underlying asset types and location of properties, not all companies suffered pandemic-related setbacks in Q2.