CubeSmart
CUBE
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.
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: 5 → 6 (+1)
4% more funds holding
Funds holding: 256 → 267 (+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%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$108M |
| 2 |
PI
PGGM Investments
Zeist,
Netherlands
|
+$47.4M |
| 3 |
ACI
AMP Capital Investors
Sydney,
Australia
|
+$40.2M |
| 4 |
Allianz Asset Management
Munich,
Germany
|
+$26.6M |
| 5 |
EVM
Eaton Vance Management
Boston,
Massachusetts
|
+$18M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of New York Mellon
New York
|
-$208M |
| 2 |
O
OppenheimerFunds
New York
|
-$66.3M |
| 3 |
Prudential Financial
Newark,
New Jersey
|
-$41.8M |
| 4 |
Millennium Management
New York
|
-$36.7M |
| 5 |
Cohen & Steers
New York
|
-$35.5M |
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.