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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
ESCM
51
Echo Street Capital Management
New York
$18M +$12.2M +400,608 +175%
Loomis, Sayles & Company
52
Loomis, Sayles & Company
Massachusetts
$17.5M +$570K +18,648 +3%
TCIM
53
TIAA CREF Investment Management
New York
$16.2M -$728K -23,804 -4%
Schroder Investment Management Group
54
Schroder Investment Management Group
United Kingdom
$16.1M +$323K +10,554 +2%
VRS
55
Virginia Retirement Systems
Virginia
$15.8M +$700K +22,900 +4%
WBC
56
Westpac Banking Corp
Australia
$15.8M -$419K -13,710 -2%
CS
57
Credit Suisse
Switzerland
$15.8M -$2.35M -76,996 -12%
EVM
58
Eaton Vance Management
Massachusetts
$15.4M -$4.68M -153,020 -22%
State of New Jersey Common Pension Fund D
59
State of New Jersey Common Pension Fund D
New Jersey
$15M -$2.14M -70,000 -12%
Asset Management One
60
Asset Management One
Japan
$14.8M -$157K -5,132 -1%
GCA
61
GSI Capital Advisors
California
$12M
O
62
OppenheimerFunds
New York
$11.8M -$810K -26,490 -6%
Macquarie Group
63
Macquarie Group
Australia
$11.7M -$10.4M -338,610 -45%
Barclays
64
Barclays
United Kingdom
$11.5M -$3.84M -125,511 -24%
New York State Common Retirement Fund
65
New York State Common Retirement Fund
New York
$10.5M +$379K +12,400 +3%
Renaissance Technologies
66
Renaissance Technologies
New York
$10.5M -$4.01M -131,100 -26%
California Public Employees Retirement System
67
California Public Employees Retirement System
California
$10.5M +$805K +26,321 +8%
SO
68
STRS Ohio
Ohio
$10.4M -$1.63M -53,363 -13%
TA
69
Teachers Advisors
New York
$9.72M +$174K +5,702 +2%
Massachusetts Financial Services
70
Massachusetts Financial Services
Massachusetts
$9.21M -$12.6M -411,249 -56%
Public Employees Retirement Association of Colorado
71
Public Employees Retirement Association of Colorado
Colorado
$9.19M +$3.03K +99 +0%
Wells Fargo
72
Wells Fargo
California
$9.17M -$782K -25,569 -7%
Swiss National Bank
73
Swiss National Bank
Switzerland
$9.05M
Franklin Resources
74
Franklin Resources
California
$8.81M -$2.07M -67,600 -18%
California State Teachers Retirement System (CalSTRS)
75
California State Teachers Retirement System (CalSTRS)
California
$8.63M +$181K +5,905 +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.