CubeSmart
CUBE
191 hedge funds and large institutions have $4B invested in CubeSmart in 2015 Q2 according to their latest regulatory filings, with 13 funds opening new positions, 86 increasing their positions, 67 reducing their positions, and 19 closing their positions.
28,554% more call options, than puts
Call options by funds: $18.6M | Put options by funds: $65K
200% more funds holding in top 10
Funds holding in top 10: 1 → 3 (+2)
28% more repeat investments, than reductions
Existing positions increased: 86 | Existing positions reduced: 67
1.21% more ownership
Funds ownership: 102.99% → 104.2% (+1.2%)
3% less capital invested
Capital invested by funds: $4.12B → $4B (-$119M)
3% less funds holding
Funds holding: 197 → 191 (-6)
32% less first-time investments, than exits
New positions opened: 13 | Existing positions closed: 19
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
State Street
Boston,
Massachusetts
|
+$55.6M |
| 2 |
Prudential Financial
Newark,
New Jersey
|
+$44.4M |
| 3 |
CGM
Capital Growth Management
Boston,
Massachusetts
|
+$30.8M |
| 4 |
PS
Presima Securities
Montreal,
Quebec, Canada
|
+$29.6M |
| 5 |
Daiwa Securities Group
Tokyo,
Japan
|
+$28.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
-$155M |
| 2 |
VCM
V3 Capital Management
Dallas,
Texas
|
-$22.5M |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$16.2M |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$14.1M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$11.4M |
CUBE Hedge Fund Activity: Q2 2015 in Review
191 of the 3,711 institutional investors tracked by Wall St. Rank reported a position in CubeSmart (CUBE) for Q2 2015, worth a combined $4B — down 2.9% from $4.12B a quarter earlier.
Sellers outnumbered buyers: 19 funds closed out of CUBE and 13 opened new positions — a net loss of 6 holders — while 67 trimmed existing stakes and 86 added.
The largest buyer was State Street, adding an estimated $55.6M. The largest seller was Invesco, cutting an estimated $155M.
- 191 institutional investors held CubeSmart (CUBE) as of Q2 2015, down from 197 in Q1 2015.
- Funds reported $4B of CubeSmart stock for Q2 2015, down 2.9% quarter-over-quarter.
- 13 funds opened new CubeSmart positions in Q2 2015 and 19 closed out, a net change of -6 holders.
- The largest CubeSmart buyer in Q2 2015 was State Street, an estimated $55.6M added.
- The largest CubeSmart seller in Q2 2015 was Invesco, an estimated $155M sold.
Based on aggregated 13F filings for Q2 2015.