CubeSmart
CUBE
185 hedge funds and large institutions have $2.38B invested in CubeSmart in 2013 Q4 according to their latest regulatory filings, with 25 funds opening new positions, 66 increasing their positions, 72 reducing their positions, and 15 closing their positions.
67% more first-time investments, than exits
New positions opened: 25 | Existing positions closed: 15
5% more funds holding
Funds holding: 176 → 185 (+9)
4.3% more ownership
Funds ownership: 103.83% → 108.13% (+4.3%)
5% less capital invested
Capital invested by funds: $2.5B → $2.38B (-$117M)
8% less repeat investments, than reductions
Existing positions increased: 66 | Existing positions reduced: 72
91% less call options, than puts
Call options by funds: $4K | Put options by funds: $46K
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SB
Suntrust Banks
Atlanta,
Georgia
|
+$72.8M |
| 2 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$49.1M |
| 3 |
SCRM
Security Capital Research & Management
Chicago,
Illinois
|
+$22.7M |
| 4 |
JP Morgan Chase
New York
|
+$16.1M |
| 5 |
AAMU
APG Asset Management US
New York
|
+$14.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
-$54.2M |
| 2 |
O
OppenheimerFunds
New York
|
-$22.9M |
| 3 |
WMSA
Weiss Multi-Strategy Advisers
New York
|
-$22.3M |
| 4 |
American Century Companies
Kansas City,
Missouri
|
-$15.2M |
| 5 |
CBOA
Commonwealth Bank of Australia
Sydney, NSW,
Australia
|
-$14.5M |
CUBE Hedge Fund Activity: Q4 2013 in Review
185 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in CubeSmart (CUBE) for Q4 2013, worth a combined $2.38B — down 4.7% from $2.5B a quarter earlier.
Buyers outnumbered sellers: 25 funds opened new CUBE positions and 15 closed out — a net gain of 10 holders — while 66 added to existing stakes and 72 trimmed.
The largest buyer was Suntrust Banks, adding an estimated $72.8M. The largest seller was Invesco, cutting an estimated $54.2M.
- 185 institutional investors held CubeSmart (CUBE) as of Q4 2013, up from 176 in Q3 2013.
- Funds reported $2.38B of CubeSmart stock for Q4 2013, down 4.7% quarter-over-quarter.
- 25 funds opened new CubeSmart positions in Q4 2013 and 15 closed out, a net change of +10 holders.
- The largest CubeSmart buyer in Q4 2013 was Suntrust Banks, an estimated $72.8M added.
- The largest CubeSmart seller in Q4 2013 was Invesco, an estimated $54.2M sold.
Based on aggregated 13F filings for Q4 2013.