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CubeSmart

267 hedge funds and large institutions have $5.41B invested in CubeSmart in 2018 Q1 according to their latest regulatory filings, with 41 funds opening new positions, 103 increasing their positions, 98 reducing their positions, and 29 closing their positions.

New
Increased
Maintained
Reduced
Closed

162% more call options, than puts

Call options by funds: $2.8M | Put options by funds: $1.07M

41% more first-time investments, than exits

New positions opened: 41 | Existing positions closed: 29

20% more funds holding in top 10

Funds holding in top 10: 56 (+1)

4% more funds holding

Funds holding: 256267 (+11)

5% more repeat investments, than reductions

Existing positions increased: 103 | Existing positions reduced: 98

3% less capital invested

Capital invested by funds: $5.59B → $5.41B (-$186M)

1.68% less ownership

Funds ownership: 106.8%105.12% (-1.7%)

Holders
267
Holders Change
+11
Holders Change %
+4.3%
% of All Funds
6.12%
Holding in Top 10
6
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+20%
% of All Funds
0.14%
New
41
Increased
103
Reduced
98
Closed
29
Calls
$2.8M
Puts
$1.07M
Net Calls
+$1.73M
Net Calls Change
+$664K
Name Holding Trade Value Shares
Change
Change in
Stake
PI
26
PGGM Investments
Netherlands
$49.1M +$47.4M +1,740,000 New
HSBC Holdings
27
HSBC Holdings
United Kingdom
$47.1M +$5.67M +207,901 +14%
ACI
28
AMP Capital Investors
Australia
$46M +$40.2M +1,475,132 +1,029%
Allianz Asset Management
29
Allianz Asset Management
Germany
$45.8M +$26.6M +974,997 +150%
N
30
Nuveen
North Carolina
$45.6M +$12.2M +447,424 +38%
Norges Bank
31
Norges Bank
Norway
$44.7M +$974K +35,739 +2%
EVM
32
Eaton Vance Management
Massachusetts
$37.3M +$18M +658,821 +99%
Goldman Sachs
33
Goldman Sachs
New York
$34M -$23.1M -846,313 -41%
Bank of America
34
Bank of America
North Carolina
$33.7M +$2.1M +77,157 +7%
HRES
35
Heitman Real Estate Securities
Illinois
$33.1M -$5.18M -189,977 -15%
Russell Investments Group
36
Russell Investments Group
United Kingdom
$31.1M +$15.1M +552,592 +100%
Citadel Advisors
37
Citadel Advisors
Florida
$29M -$737K -27,024 -3%
VLKIM
38
Van Lanschot Kempen Investment Management
Netherlands
$28.3M -$1.53M -56,101 -5%
AllianceBernstein
39
AllianceBernstein
Tennessee
$27M +$7.61M +278,970 +41%
CC
40
Carlson Capital
Texas
$26.6M +$7.25M +265,734 +39%
Ameriprise
41
Ameriprise
Minnesota
$26.5M -$8.16M -299,155 -24%
EIP
42
Epoch Investment Partners
New York
$25.4M +$227K +8,336 +0.9%
ACM
43
Adelante Capital Management
California
$24.8M +$11.3M +415,278 +89%
GT
44
Glenmede Trust
Pennsylvania
$24.6M
UBS AM
45
UBS AM
Illinois
$22.9M +$2.86M +104,871 +15%
SCRM
46
Security Capital Research & Management
Illinois
$21.6M -$33.4M -1,224,240 -61%
BTW
47
Boston Trust Walden
Massachusetts
$20.6M +$459K +16,825 +2%
State of New Jersey Common Pension Fund D
48
State of New Jersey Common Pension Fund D
New Jersey
$20M -$3.12M -114,250 -14%
Legal & General Group
49
Legal & General Group
United Kingdom
$18.5M +$2.07M +75,948 +13%
CS
50
Credit Suisse
Switzerland
$18.5M +$4.59M +168,168 +34%

CUBE Hedge Fund Activity: Q1 2018 in Review

267 of the 4,363 institutional investors tracked by Wall St. Rank reported a position in CubeSmart (CUBE) for Q1 2018, worth a combined $5.41B — down 3.3% from $5.59B a quarter earlier.

Buyers outnumbered sellers: 41 funds opened new CUBE positions and 29 closed out — a net gain of 12 holders — while 103 added to existing stakes and 98 trimmed.

The largest buyer was Deutsche Bank, adding an estimated $108M. The largest seller was Bank of New York Mellon, cutting an estimated $208M.

  • 267 institutional investors held CubeSmart (CUBE) as of Q1 2018, up from 256 in Q4 2017.
  • Funds reported $5.41B of CubeSmart stock for Q1 2018, down 3.3% quarter-over-quarter.
  • 41 funds opened new CubeSmart positions in Q1 2018 and 29 closed out, a net change of +12 holders.
  • The largest CubeSmart buyer in Q1 2018 was Deutsche Bank, an estimated $108M added.
  • The largest CubeSmart seller in Q1 2018 was Bank of New York Mellon, an estimated $208M sold.

Based on aggregated 13F filings for Q1 2018.