CubeSmart
CUBE
241 hedge funds and large institutions have $6.08B invested in CubeSmart in 2016 Q1 according to their latest regulatory filings, with 45 funds opening new positions, 101 increasing their positions, 75 reducing their positions, and 23 closing their positions.
2,044% more call options, than puts
Call options by funds: $37.1M | Put options by funds: $1.73M
96% more first-time investments, than exits
New positions opened: 45 | Existing positions closed: 23
35% more repeat investments, than reductions
Existing positions increased: 101 | Existing positions reduced: 75
10% more capital invested
Capital invested by funds: $5.54B → $6.08B (+$540M)
9% more funds holding
Funds holding: 221 → 241 (+20)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
0.44% less ownership
Funds ownership: 105.33% → 104.89% (-0.44%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CIMLRA
CBRE Investment Management Listed Real Assets
Radnor,
Pennsylvania
|
+$88.4M |
| 2 |
LIMS
Lasalle Investment Management Securities
Baltimore,
Maryland
|
+$57.6M |
| 3 |
CGM
Capital Growth Management
Boston,
Massachusetts
|
+$46.7M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$33.9M |
| 5 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
+$29M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Cohen & Steers
New York
|
-$62.8M |
| 2 |
PI
PGGM Investments
Zeist,
Netherlands
|
-$49.1M |
| 3 |
Daiwa Securities Group
Tokyo,
Japan
|
-$33.3M |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$28.8M |
| 5 |
Principal Financial Group
Des Moines,
Iowa
|
-$25.1M |
CUBE Hedge Fund Activity: Q1 2016 in Review
241 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in CubeSmart (CUBE) for Q1 2016, worth a combined $6.08B — up 9.8% from $5.54B a quarter earlier.
Buyers outnumbered sellers: 45 funds opened new CUBE positions and 23 closed out — a net gain of 22 holders — while 101 added to existing stakes and 75 trimmed.
The largest buyer was CBRE Investment Management Listed Real Assets, adding an estimated $88.4M. The largest seller was Cohen & Steers, cutting an estimated $62.8M.
- 241 institutional investors held CubeSmart (CUBE) as of Q1 2016, up from 221 in Q4 2015.
- Funds reported $6.08B of CubeSmart stock for Q1 2016, up 9.8% quarter-over-quarter.
- 45 funds opened new CubeSmart positions in Q1 2016 and 23 closed out, a net change of +22 holders.
- The largest CubeSmart buyer in Q1 2016 was CBRE Investment Management Listed Real Assets, an estimated $88.4M added.
- The largest CubeSmart seller in Q1 2016 was Cohen & Steers, an estimated $62.8M sold.
Based on aggregated 13F filings for Q1 2016.