CubeSmart
CUBE
197 hedge funds and large institutions have $4.12B invested in CubeSmart in 2015 Q1 according to their latest regulatory filings, with 24 funds opening new positions, 72 increasing their positions, 72 reducing their positions, and 8 closing their positions.
8,467% more call options, than puts
Call options by funds: $17.1M | Put options by funds: $200K
200% more first-time investments, than exits
New positions opened: 24 | Existing positions closed: 8
11% more capital invested
Capital invested by funds: $3.72B → $4.12B (+$402M)
8% more funds holding
Funds holding: 182 → 197 (+15)
0% more repeat investments, than reductions
Existing positions increased: 72 | Existing positions reduced: 72
0.48% less ownership
Funds ownership: 103.47% → 102.99% (-0.48%)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Cohen & Steers
New York
|
+$80.2M |
| 2 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$49.2M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$42.4M |
| 4 |
GA
GRS Advisors
Chicago,
Illinois
|
+$30.3M |
| 5 |
AAMU
APG Asset Management US
New York
|
+$21.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LIMS
Lasalle Investment Management Securities
Baltimore,
Maryland
|
-$123M |
| 2 |
Invesco
Atlanta,
Georgia
|
-$30.2M |
| 3 |
RIM
Rainier Investment Management
Seattle,
Washington
|
-$23.3M |
| 4 |
Goldman Sachs
New York
|
-$13.4M |
| 5 |
VFA
Virtus Fund Advisers
Hartford,
Connecticut
|
-$11.7M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
201
BNP Paribas Asset Management
Paris,
France
| – | -$3.73M | -169,198 | Closed |
|
202
Arrowstreet Capital
Boston,
Massachusetts
| – | -$1.63M | -73,781 | Closed |
|
|
IGIM
203
I.G. Investment Management
Winnipeg,
Manitoba, Canada
| – | -$1.15M | -51,910 | Closed |
|
|
PCM
204
Prelude Capital Management
New York
| – | -$381K | -17,255 | Closed |
|
205
Canada Pension Plan Investment Board
Toronto Ontario,
Ontario, Canada
| – | -$60K | -2,700 | Closed |
|
CUBE Hedge Fund Activity: Q1 2015 in Review
197 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in CubeSmart (CUBE) for Q1 2015, worth a combined $4.12B — up 11% from $3.72B a quarter earlier.
Buyers outnumbered sellers: 24 funds opened new CUBE positions and 8 closed out — a net gain of 16 holders — while 72 added to existing stakes and 72 trimmed.
The largest buyer was Cohen & Steers, adding an estimated $80.2M. The largest seller was Lasalle Investment Management Securities, cutting an estimated $123M.
- 197 institutional investors held CubeSmart (CUBE) as of Q1 2015, up from 182 in Q4 2014.
- Funds reported $4.12B of CubeSmart stock for Q1 2015, up 11% quarter-over-quarter.
- 24 funds opened new CubeSmart positions in Q1 2015 and 8 closed out, a net change of +16 holders.
- The largest CubeSmart buyer in Q1 2015 was Cohen & Steers, an estimated $80.2M added.
- The largest CubeSmart seller in Q1 2015 was Lasalle Investment Management Securities, an estimated $123M sold.
Based on aggregated 13F filings for Q1 2015.