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CubeSmart

280 hedge funds and large institutions have $5.47B invested in CubeSmart in 2018 Q3 according to their latest regulatory filings, with 33 funds opening new positions, 104 increasing their positions, 102 reducing their positions, and 33 closing their positions.

New
Increased
Maintained
Reduced
Closed

1,181% more call options, than puts

Call options by funds: $6.13M | Put options by funds: $479K

2% more repeat investments, than reductions

Existing positions increased: 104 | Existing positions reduced: 102

0% more funds holding

Funds holding: 280280 (0)

0% more first-time investments, than exits

New positions opened: 33 | Existing positions closed: 33

1.71% less ownership

Funds ownership: 104.72%103.01% (-1.7%)

11% less capital invested

Capital invested by funds: $6.13B → $5.47B (-$663M)

33% less funds holding in top 10

Funds holding in top 10: 64 (-2)

Holders
280
Holders Change
Holders Change %
0%
% of All Funds
6.4%
Holding in Top 10
4
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-33.33%
% of All Funds
0.09%
New
33
Increased
104
Reduced
102
Closed
33
Calls
$6.13M
Puts
$479K
Net Calls
+$5.66M
Net Calls Change
+$4.61M
Name Holding Trade Value Shares
Change
Change in
Stake
N
26
Nuveen
North Carolina
$53M +$5.16M +168,739 +10%
Allianz Asset Management
27
Allianz Asset Management
Germany
$52.5M +$2.72M +88,830 +5%
Northern Trust
28
Northern Trust
Illinois
$52M -$2.72M -88,831 -5%
PI
29
PGGM Investments
Netherlands
$49.6M
Norges Bank
30
Norges Bank
Norway
$48.9M +$1.99M +65,125 +4%
ACI
31
AMP Capital Investors
Australia
$42.9M -$33.9K -1,108 -0.1%
HSBC Holdings
32
HSBC Holdings
United Kingdom
$40M +$4.72M +154,543 +12%
Russell Investments Group
33
Russell Investments Group
United Kingdom
$36.4M -$4.27M -139,812 -10%
Balyasny Asset Management
34
Balyasny Asset Management
Illinois
$35.9M +$17.7M +577,836 +85%
American Century Companies
35
American Century Companies
Missouri
$34.6M -$2.24M -73,254 -6%
UIC
36
Uniplan Investment Counsel
Wisconsin
$34.2M -$13.9M -455,082 -27%
HRES
37
Heitman Real Estate Securities
Illinois
$33.1M +$1.72M +56,200 +5%
Goldman Sachs
38
Goldman Sachs
New York
$32.1M -$7.49M -245,144 -18%
ACM
39
Adelante Capital Management
California
$31M +$7.01M +229,294 +27%
Bank of America
40
Bank of America
North Carolina
$28.6M +$859K +28,110 +3%
Ameriprise
41
Ameriprise
Minnesota
$24.4M -$6.79M -222,088 -21%
VLKIM
42
Van Lanschot Kempen Investment Management
Netherlands
$23.9M -$734K -24,000 -3%
UBS AM
43
UBS AM
Illinois
$23.7M -$125K -4,093 -0.5%
PS
44
Presima Securities
Quebec, Canada
$23.6M -$14.8M -482,900 -37%
CC
45
Carlson Capital
Texas
$21.6M -$2.61M -85,473 -10%
Janus Henderson Group
46
Janus Henderson Group
United Kingdom
$21.1M +$16M +524,231 +241%
NIPH
47
NN Investment Partners Holdings
Netherlands
$20.5M +$22M +719,548 New
BTW
48
Boston Trust Walden
Massachusetts
$20.4M -$514K -16,810 -2%
Legal & General Group
49
Legal & General Group
United Kingdom
$18.9M +$640K +20,923 +3%
SEI Investments
50
SEI Investments
Pennsylvania
$18.5M -$440K -14,405 -2%

CUBE Hedge Fund Activity: Q3 2018 in Review

280 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in CubeSmart (CUBE) for Q3 2018, worth a combined $5.47B — down 11% from $6.13B a quarter earlier.

Fund positioning in CUBE was balanced in Q3 2018: 33 funds opened new positions, 33 closed out, 104 added to existing stakes and 102 trimmed.

The largest buyer was AllianceBernstein, adding an estimated $184M. The largest seller was Cohen & Steers, cutting an estimated $102M.

  • 280 institutional investors held CubeSmart (CUBE) as of Q3 2018, unchanged from Q2 2018.
  • Funds reported $5.47B of CubeSmart stock for Q3 2018, down 11% quarter-over-quarter.
  • 33 funds opened new CubeSmart positions in Q3 2018 and 33 closed out, a net change of 0 holders.
  • The largest CubeSmart buyer in Q3 2018 was AllianceBernstein, an estimated $184M added.
  • The largest CubeSmart seller in Q3 2018 was Cohen & Steers, an estimated $102M sold.

Based on aggregated 13F filings for Q3 2018.