CubeSmart
CUBE
293 hedge funds and large institutions have $6.67B invested in CubeSmart in 2019 Q3 according to their latest regulatory filings, with 53 funds opening new positions, 101 increasing their positions, 98 reducing their positions, and 20 closing their positions.
165% more first-time investments, than exits
New positions opened: 53 | Existing positions closed: 20
75% more call options, than puts
Call options by funds: $971K | Put options by funds: $555K
12% more funds holding
Funds holding: 262 → 293 (+31)
4% more capital invested
Capital invested by funds: $6.43B → $6.67B (+$233M)
3% more repeat investments, than reductions
Existing positions increased: 101 | Existing positions reduced: 98
2.87% less ownership
Funds ownership: 102.12% → 99.26% (-2.9%)
60% less funds holding in top 10
Funds holding in top 10: 5 → 2 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Boston Partners
Boston,
Massachusetts
|
+$80.5M |
| 2 |
RC
Resolution Capital
Sydney, NSW,
Australia
|
+$54.4M |
| 3 |
N
Nuveen
Charlotte,
North Carolina
|
+$31.8M |
| 4 |
JP Morgan Chase
New York
|
+$28.2M |
| 5 |
Goldman Sachs
New York
|
+$25.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$98.4M |
| 2 |
BC
Brookfield Corp
Toronto,
Ontario, Canada
|
-$82.4M |
| 3 |
CIM
Centersquare Investment Management
Conshohocken,
Pennsylvania
|
-$44.5M |
| 4 |
AllianceBernstein
Nashville,
Tennessee
|
-$29.7M |
| 5 |
Millennium Management
New York
|
-$27M |
CUBE Hedge Fund Activity: Q3 2019 in Review
293 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in CubeSmart (CUBE) for Q3 2019, worth a combined $6.67B — up 3.6% from $6.43B a quarter earlier.
Buyers outnumbered sellers: 53 funds opened new CUBE positions and 20 closed out — a net gain of 33 holders — while 101 added to existing stakes and 98 trimmed.
The largest buyer was Boston Partners, opening a new position worth an estimated $80.5M. The largest seller was Deutsche Bank, cutting an estimated $98.4M.
- 293 institutional investors held CubeSmart (CUBE) as of Q3 2019, up from 262 in Q2 2019.
- Funds reported $6.67B of CubeSmart stock for Q3 2019, up 3.6% quarter-over-quarter.
- 53 funds opened new CubeSmart positions in Q3 2019 and 20 closed out, a net change of +33 holders.
- The largest CubeSmart buyer in Q3 2019 was Boston Partners, an estimated $80.5M added.
- The largest CubeSmart seller in Q3 2019 was Deutsche Bank, an estimated $98.4M sold.
Based on aggregated 13F filings for Q3 2019.