CubeSmart
CUBE
289 hedge funds and large institutions have $5.38B invested in CubeSmart in 2018 Q4 according to their latest regulatory filings, with 48 funds opening new positions, 104 increasing their positions, 107 reducing their positions, and 38 closing their positions.
50% more funds holding in top 10
Funds holding in top 10: 4 → 6 (+2)
26% more first-time investments, than exits
New positions opened: 48 | Existing positions closed: 38
3% more funds holding
Funds holding: 280 → 289 (+9)
2% more call options, than puts
Call options by funds: $2.79M | Put options by funds: $2.72M
2% less capital invested
Capital invested by funds: $5.47B → $5.38B (-$88.7M)
3% less repeat investments, than reductions
Existing positions increased: 104 | Existing positions reduced: 107
1.86% less ownership
Funds ownership: 103.01% → 101.15% (-1.9%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$70.5M |
| 2 |
JP Morgan Chase
New York
|
+$35.4M |
| 3 |
SCRM
Security Capital Research & Management
Chicago,
Illinois
|
+$28.4M |
| 4 |
BC
Brookfield Corp
Toronto,
Ontario, Canada
|
+$24M |
| 5 |
Renaissance Technologies
New York
|
+$21.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Cohen & Steers
New York
|
-$111M |
| 2 |
Daiwa Securities Group
Tokyo,
Japan
|
-$92M |
| 3 |
Balyasny Asset Management
Chicago,
Illinois
|
-$29.9M |
| 4 |
LIMS
Lasalle Investment Management Securities
Baltimore,
Maryland
|
-$27.8M |
| 5 |
American Century Companies
Kansas City,
Missouri
|
-$22.6M |
CUBE Hedge Fund Activity: Q4 2018 in Review
289 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in CubeSmart (CUBE) for Q4 2018, worth a combined $5.38B — down 1.6% from $5.47B a quarter earlier.
Buyers outnumbered sellers: 48 funds opened new CUBE positions and 38 closed out — a net gain of 10 holders — while 104 added to existing stakes and 107 trimmed.
The largest buyer was T. Rowe Price Associates, adding an estimated $70.5M. The largest seller was Cohen & Steers, cutting an estimated $111M.
- 289 institutional investors held CubeSmart (CUBE) as of Q4 2018, up from 280 in Q3 2018.
- Funds reported $5.38B of CubeSmart stock for Q4 2018, down 1.6% quarter-over-quarter.
- 48 funds opened new CubeSmart positions in Q4 2018 and 38 closed out, a net change of +10 holders.
- The largest CubeSmart buyer in Q4 2018 was T. Rowe Price Associates, an estimated $70.5M added.
- The largest CubeSmart seller in Q4 2018 was Cohen & Steers, an estimated $111M sold.
Based on aggregated 13F filings for Q4 2018.