CubeSmart
CUBE
247 hedge funds and large institutions have $4.43B invested in CubeSmart in 2017 Q2 according to their latest regulatory filings, with 36 funds opening new positions, 103 increasing their positions, 86 reducing their positions, and 28 closing their positions.
125% more call options, than puts
Call options by funds: $6.86M | Put options by funds: $3.05M
33% more funds holding in top 10
Funds holding in top 10: 3 → 4 (+1)
29% more first-time investments, than exits
New positions opened: 36 | Existing positions closed: 28
20% more repeat investments, than reductions
Existing positions increased: 103 | Existing positions reduced: 86
3% more funds holding
Funds holding: 239 → 247 (+8)
0.5% more ownership
Funds ownership: 101.8% → 102.3% (+0.5%)
7% less capital invested
Capital invested by funds: $4.76B → $4.43B (-$333M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CIMLRA
CBRE Investment Management Listed Real Assets
Radnor,
Pennsylvania
|
+$61.4M |
| 2 |
Bank of New York Mellon
New York
|
+$33.8M |
| 3 |
1832 Asset Management
Toronto,
Ontario, Canada
|
+$27.6M |
| 4 |
VLKIM
Van Lanschot Kempen Investment Management
Amsterdam,
Netherlands
|
+$27.1M |
| 5 |
Balyasny Asset Management
Chicago,
Illinois
|
+$26.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Cohen & Steers
New York
|
-$191M |
| 2 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$120M |
| 3 |
JP Morgan Chase
New York
|
-$20.4M |
| 4 |
Invesco
Atlanta,
Georgia
|
-$19.5M |
| 5 |
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
|
-$16.8M |
CUBE Hedge Fund Activity: Q2 2017 in Review
247 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in CubeSmart (CUBE) for Q2 2017, worth a combined $4.43B — down 7% from $4.76B a quarter earlier.
Buyers outnumbered sellers: 36 funds opened new CUBE positions and 28 closed out — a net gain of 8 holders — while 103 added to existing stakes and 86 trimmed.
The largest buyer was CBRE Investment Management Listed Real Assets, adding an estimated $61.4M. The largest seller was Cohen & Steers, cutting an estimated $191M.
- 247 institutional investors held CubeSmart (CUBE) as of Q2 2017, up from 239 in Q1 2017.
- Funds reported $4.43B of CubeSmart stock for Q2 2017, down 7% quarter-over-quarter.
- 36 funds opened new CubeSmart positions in Q2 2017 and 28 closed out, a net change of +8 holders.
- The largest CubeSmart buyer in Q2 2017 was CBRE Investment Management Listed Real Assets, an estimated $61.4M added.
- The largest CubeSmart seller in Q2 2017 was Cohen & Steers, an estimated $191M sold.
Based on aggregated 13F filings for Q2 2017.