CubeSmart
CUBE
414 hedge funds and large institutions have $8.47B invested in CubeSmart in 2023 Q3 according to their latest regulatory filings, with 43 funds opening new positions, 155 increasing their positions, 161 reducing their positions, and 37 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 2 → 4 (+2)
16% more first-time investments, than exits
New positions opened: 43 | Existing positions closed: 37
0% more funds holding
Funds holding: 412 → 414 (+2)
4% less repeat investments, than reductions
Existing positions increased: 155 | Existing positions reduced: 161
1.31% less ownership
Funds ownership: 100% → 98.69% (-1.3%)
16% less capital invested
Capital invested by funds: $10B → $8.47B (-$1.57B)
83% less call options, than puts
Call options by funds: $3.13M | Put options by funds: $18.7M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$123M |
| 2 |
Balyasny Asset Management
Chicago,
Illinois
|
+$92.2M |
| 3 |
LPC
Long Pond Capital
New York
|
+$67.2M |
| 4 |
Allspring Global Investments
Charlotte,
North Carolina
|
+$57.8M |
| 5 |
Schroder Investment Management Group
London,
United Kingdom
|
+$37.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Principal Financial Group
Des Moines,
Iowa
|
-$184M |
| 2 |
RC
Resolution Capital
Sydney, NSW,
Australia
|
-$63.6M |
| 3 |
Ameriprise
Minneapolis,
Minnesota
|
-$59.5M |
| 4 |
ACM
AEW Capital Management
Boston,
Massachusetts
|
-$56.9M |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
-$48.9M |
CUBE Hedge Fund Activity: Q3 2023 in Review
414 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in CubeSmart (CUBE) for Q3 2023, worth a combined $8.47B — down 16% from $10B a quarter earlier.
Buyers outnumbered sellers: 43 funds opened new CUBE positions and 37 closed out — a net gain of 6 holders — while 155 added to existing stakes and 161 trimmed.
The largest buyer was Deutsche Bank, adding an estimated $123M. The largest seller was Principal Financial Group, cutting an estimated $184M.
- 414 institutional investors held CubeSmart (CUBE) as of Q3 2023, up from 412 in Q2 2023.
- Funds reported $8.47B of CubeSmart stock for Q3 2023, down 16% quarter-over-quarter.
- 43 funds opened new CubeSmart positions in Q3 2023 and 37 closed out, a net change of +6 holders.
- The largest CubeSmart buyer in Q3 2023 was Deutsche Bank, an estimated $123M added.
- The largest CubeSmart seller in Q3 2023 was Principal Financial Group, an estimated $184M sold.
Based on aggregated 13F filings for Q3 2023.