CubeSmart
CUBE
276 hedge funds and large institutions have $5.07B invested in CubeSmart in 2020 Q1 according to their latest regulatory filings, with 39 funds opening new positions, 103 increasing their positions, 101 reducing their positions, and 57 closing their positions.
245% more call options, than puts
Call options by funds: $915K | Put options by funds: $265K
2% more repeat investments, than reductions
Existing positions increased: 103 | Existing positions reduced: 101
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
1.04% less ownership
Funds ownership: 98.84% → 97.8% (-1%)
7% less funds holding
Funds holding: 298 → 276 (-22)
16% less capital invested
Capital invested by funds: $6.02B → $5.07B (-$951M)
32% less first-time investments, than exits
New positions opened: 39 | Existing positions closed: 57
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RC
Resolution Capital
Sydney, NSW,
Australia
|
+$65.6M |
| 2 |
Sumitomo Mitsui Trust Group
Minato-Ku, Tokyo,
Japan
|
+$60.4M |
| 3 |
AllianceBernstein
Nashville,
Tennessee
|
+$57.8M |
| 4 |
HRES
Heitman Real Estate Securities
Chicago,
Illinois
|
+$33.8M |
| 5 |
N
Nuveen
Charlotte,
North Carolina
|
+$31.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BPSG
Brookfield Public Securities Group
New York
|
-$106M |
| 2 |
LIMS
Lasalle Investment Management Securities
Baltimore,
Maryland
|
-$52.6M |
| 3 |
ESCM
Echo Street Capital Management
New York
|
-$51.9M |
| 4 |
Janus Henderson Group
London,
United Kingdom
|
-$32.9M |
| 5 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$32.7M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
MA
326
MUFG Americas
New York
| – | -$11K | -362 | Closed |
|
|
CFG
327
Citizens Financial Group
Providence,
Rhode Island
| – | -$4K | -112 | Closed |
|
|
JSC
328
Jackson Square Capital
San Francisco,
California
| – | -$3K | -103 | Closed |
|
|
RIA
329
Realta Investment Advisors
Wilmington,
Delaware
| – | -$2K | -74 | Closed |
|
330
Chevy Chase Trust
Bethesda,
Maryland
| – | -$1K | -44 | Closed |
|
|
BC
331
Barnett & Company
Chattanooga,
Tennessee
| – | -$1K | -29 | Closed |
|
|
BBHC
332
Brown Brothers Harriman & Co
New York
| – | -$1K | -23 | Closed |
|
|
GWS
333
Glassman Wealth Services
Vienna,
Virginia
| – | +$180 | +6 | New |
|
CUBE Hedge Fund Activity: Q1 2020 in Review
276 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in CubeSmart (CUBE) for Q1 2020, worth a combined $5.07B — down 16% from $6.02B a quarter earlier.
Sellers outnumbered buyers: 57 funds closed out of CUBE and 39 opened new positions — a net loss of 18 holders — while 101 trimmed existing stakes and 103 added.
The largest buyer was Resolution Capital, adding an estimated $65.6M. The largest seller was Brookfield Public Securities Group, exiting entirely with an estimated $106M sold.
- 276 institutional investors held CubeSmart (CUBE) as of Q1 2020, down from 298 in Q4 2019.
- Funds reported $5.07B of CubeSmart stock for Q1 2020, down 16% quarter-over-quarter.
- 39 funds opened new CubeSmart positions in Q1 2020 and 57 closed out, a net change of -18 holders.
- The largest CubeSmart buyer in Q1 2020 was Resolution Capital, an estimated $65.6M added.
- The largest CubeSmart seller in Q1 2020 was Brookfield Public Securities Group, an estimated $106M sold.
Based on aggregated 13F filings for Q1 2020.