CubeSmart
CUBE
187 hedge funds and large institutions have $2.83B invested in CubeSmart in 2014 Q2 according to their latest regulatory filings, with 27 funds opening new positions, 82 increasing their positions, 55 reducing their positions, and 30 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
49% more repeat investments, than reductions
Existing positions increased: 82 | Existing positions reduced: 55
9% more capital invested
Capital invested by funds: $2.59B → $2.83B (+$240M)
0.62% less ownership
Funds ownership: 107.55% → 106.94% (-0.62%)
2% less funds holding
Funds holding: 191 → 187 (-4)
10% less first-time investments, than exits
New positions opened: 27 | Existing positions closed: 30
82% less call options, than puts
Call options by funds: $42K | Put options by funds: $238K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LIMS
Lasalle Investment Management Securities
Baltimore,
Maryland
|
+$45.8M |
| 2 |
CIMLRA
CBRE Investment Management Listed Real Assets
Radnor,
Pennsylvania
|
+$40.1M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$22.1M |
| 4 |
Principal Financial Group
Des Moines,
Iowa
|
+$20.2M |
| 5 |
State of New Jersey Common Pension Fund D
Trenton,
New Jersey
|
+$19.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SB
Suntrust Banks
Atlanta,
Georgia
|
-$85.3M |
| 2 |
Wells Fargo
San Francisco,
California
|
-$46.9M |
| 3 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$30M |
| 4 |
AAMU
APG Asset Management US
New York
|
-$23.9M |
| 5 |
Millennium Management
New York
|
-$20.7M |
CUBE Hedge Fund Activity: Q2 2014 in Review
187 of the 3,479 institutional investors tracked by Wall St. Rank reported a position in CubeSmart (CUBE) for Q2 2014, worth a combined $2.83B — up 9.3% from $2.59B a quarter earlier.
Sellers outnumbered buyers: 30 funds closed out of CUBE and 27 opened new positions — a net loss of 3 holders — while 55 trimmed existing stakes and 82 added.
The largest buyer was Lasalle Investment Management Securities, opening a new position worth an estimated $45.8M. The largest seller was Suntrust Banks, cutting an estimated $85.3M.
- 187 institutional investors held CubeSmart (CUBE) as of Q2 2014, down from 191 in Q1 2014.
- Funds reported $2.83B of CubeSmart stock for Q2 2014, up 9.3% quarter-over-quarter.
- 27 funds opened new CubeSmart positions in Q2 2014 and 30 closed out, a net change of -3 holders.
- The largest CubeSmart buyer in Q2 2014 was Lasalle Investment Management Securities, an estimated $45.8M added.
- The largest CubeSmart seller in Q2 2014 was Suntrust Banks, an estimated $85.3M sold.
Based on aggregated 13F filings for Q2 2014.