CubeSmart
CUBE
256 hedge funds and large institutions have $5.59B invested in CubeSmart in 2017 Q4 according to their latest regulatory filings, with 42 funds opening new positions, 96 increasing their positions, 97 reducing their positions, and 26 closing their positions.
71% more call options, than puts
Call options by funds: $2.56M | Put options by funds: $1.49M
62% more first-time investments, than exits
New positions opened: 42 | Existing positions closed: 26
25% more funds holding in top 10
Funds holding in top 10: 4 → 5 (+1)
9% more capital invested
Capital invested by funds: $5.12B → $5.59B (+$473M)
5% more funds holding
Funds holding: 243 → 256 (+13)
1% less repeat investments, than reductions
Existing positions increased: 96 | Existing positions reduced: 97
2.66% less ownership
Funds ownership: 109.46% → 106.8% (-2.7%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$88.8M |
| 2 |
Millennium Management
New York
|
+$54.7M |
| 3 |
Morgan Stanley
New York
|
+$51.3M |
| 4 |
HRES
Heitman Real Estate Securities
Chicago,
Illinois
|
+$36.3M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$32.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of New York Mellon
New York
|
-$79M |
| 2 |
JP Morgan Chase
New York
|
-$59.1M |
| 3 |
SCRM
Security Capital Research & Management
Chicago,
Illinois
|
-$36M |
| 4 |
N
Nuveen
Charlotte,
North Carolina
|
-$31.4M |
| 5 |
B
Barings
Charlotte,
North Carolina
|
-$29.9M |
CUBE Hedge Fund Activity: Q4 2017 in Review
256 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in CubeSmart (CUBE) for Q4 2017, worth a combined $5.59B — up 9.2% from $5.12B a quarter earlier.
Buyers outnumbered sellers: 42 funds opened new CUBE positions and 26 closed out — a net gain of 16 holders — while 96 added to existing stakes and 97 trimmed.
The largest buyer was Deutsche Bank, adding an estimated $88.8M. The largest seller was Bank of New York Mellon, cutting an estimated $79M.
- 256 institutional investors held CubeSmart (CUBE) as of Q4 2017, up from 243 in Q3 2017.
- Funds reported $5.59B of CubeSmart stock for Q4 2017, up 9.2% quarter-over-quarter.
- 42 funds opened new CubeSmart positions in Q4 2017 and 26 closed out, a net change of +16 holders.
- The largest CubeSmart buyer in Q4 2017 was Deutsche Bank, an estimated $88.8M added.
- The largest CubeSmart seller in Q4 2017 was Bank of New York Mellon, an estimated $79M sold.
Based on aggregated 13F filings for Q4 2017.