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CubeSmart

243 hedge funds and large institutions have $5.12B invested in CubeSmart in 2017 Q3 according to their latest regulatory filings, with 29 funds opening new positions, 98 increasing their positions, 87 reducing their positions, and 30 closing their positions.

New
Increased
Maintained
Reduced
Closed

104% more call options, than puts

Call options by funds: $4.91M | Put options by funds: $2.41M

16% more capital invested

Capital invested by funds: $4.43B → $5.12B (+$692M)

13% more repeat investments, than reductions

Existing positions increased: 98 | Existing positions reduced: 87

7.15% more ownership

Funds ownership: 102.3%109.46% (+7.2%)

0% more funds holding in top 10

Funds holding in top 10: 44 (0)

3% less first-time investments, than exits

New positions opened: 29 | Existing positions closed: 30

2% less funds holding

Funds holding: 247243 (-4)

Holders
243
Holders Change
-4
Holders Change %
-1.62%
% of All Funds
6.06%
Holding in Top 10
4
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.1%
New
29
Increased
98
Reduced
87
Closed
30
Calls
$4.91M
Puts
$2.41M
Net Calls
+$2.5M
Net Calls Change
-$1.31M
Name Holding Trade Value Shares
Change
Change in
Stake
Royal Bank of Canada
51
Royal Bank of Canada
Ontario, Canada
$15.2M +$1.57M +63,633 +12%
BTW
52
Boston Trust Walden
Massachusetts
$14.7M +$14M +567,458 New
VRS
53
Virginia Retirement Systems
Virginia
$14.1M +$1.06M +42,800 +9%
Legal & General Group
54
Legal & General Group
United Kingdom
$13.9M +$1.47M +59,254 +12%
SO
55
STRS Ohio
Ohio
$12M -$137K -5,547 -1%
Asset Management One
56
Asset Management One
Japan
$11.4M +$61.7K +2,494 +0.6%
CS
57
Credit Suisse
Switzerland
$10.8M -$3.2M -129,235 -24%
New York State Common Retirement Fund
58
New York State Common Retirement Fund
New York
$10.4M +$371K +15,000 +4%
State of Wisconsin Investment Board
59
State of Wisconsin Investment Board
Wisconsin
$10.2M -$1.72M -69,366 -15%
WBC
60
Westpac Banking Corp
Australia
$9.64M -$8.18M -330,505 -47%
DSA
61
Davis Selected Advisers
Arizona
$9.58M -$10.4K -420 -0.1%
Franklin Resources
62
Franklin Resources
California
$9.31M -$373K -15,077 -4%
MNA
63
Manning & Napier Advisors
New York
$8.7M -$380K -15,355 -4%
Public Employees Retirement Association of Colorado
64
Public Employees Retirement Association of Colorado
Colorado
$8.33M +$25 +1 +0%
California Public Employees Retirement System
65
California Public Employees Retirement System
California
$8.33M +$393K +15,866 +5%
SIA
66
Sit Investment Associates
Minnesota
$7.83M -$6.75M -272,925 -47%
Swiss National Bank
67
Swiss National Bank
Switzerland
$7.79M
TA
68
Teachers Advisors
New York
$7.75M +$214K +8,636 +3%
Barclays
69
Barclays
United Kingdom
$7.75M +$256K +10,345 +4%
California State Teachers Retirement System (CalSTRS)
70
California State Teachers Retirement System (CalSTRS)
California
$7.62M -$764K -30,868 -10%
SMDAM
71
Sumitomo Mitsui DS Asset Management
Japan
$7.42M -$416K -16,798 -6%
Ohio Public Employees Retirement System (OPERS)
72
Ohio Public Employees Retirement System (OPERS)
Ohio
$7.36M +$81.7K +3,302 +1%
WCP
73
Waterfront Capital Partners
New York
$7.33M +$2.77M +111,793 +66%
BNP Paribas Asset Management
74
BNP Paribas Asset Management
France
$7.26M -$410K -16,568 -6%
Voloridge Investment Management
75
Voloridge Investment Management
Florida
$7.23M +$524K +21,174 +8%

CUBE Hedge Fund Activity: Q3 2017 in Review

243 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in CubeSmart (CUBE) for Q3 2017, worth a combined $5.12B — up 16% from $4.43B a quarter earlier.

Sellers outnumbered buyers: 30 funds closed out of CUBE and 29 opened new positions — a net loss of 1 holder — while 87 trimmed existing stakes and 98 added.

The largest buyer was Cohen & Steers, adding an estimated $266M. The largest seller was Lasalle Investment Management Securities, cutting an estimated $59.2M.

  • 243 institutional investors held CubeSmart (CUBE) as of Q3 2017, down from 247 in Q2 2017.
  • Funds reported $5.12B of CubeSmart stock for Q3 2017, up 16% quarter-over-quarter.
  • 29 funds opened new CubeSmart positions in Q3 2017 and 30 closed out, a net change of -1 holder.
  • The largest CubeSmart buyer in Q3 2017 was Cohen & Steers, an estimated $266M added.
  • The largest CubeSmart seller in Q3 2017 was Lasalle Investment Management Securities, an estimated $59.2M sold.

Based on aggregated 13F filings for Q3 2017.