CubeSmart
CUBE
176 hedge funds and large institutions have $2.54B invested in CubeSmart in 2013 Q3 according to their latest regulatory filings, with 15 funds opening new positions, 69 increasing their positions, 68 reducing their positions, and 13 closing their positions.
15% more first-time investments, than exits
New positions opened: 15 | Existing positions closed: 13
13% more capital invested
Capital invested by funds: $2.25B → $2.54B (+$290M)
1% more repeat investments, than reductions
Existing positions increased: 69 | Existing positions reduced: 68
1% more funds holding
Funds holding: 175 → 176 (+1)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0.24% less ownership
Funds ownership: 105.73% → 105.49% (-0.24%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CGM
Capital Growth Management
Boston,
Massachusetts
|
+$40.5M |
| 2 |
O
OppenheimerFunds
New York
|
+$39.3M |
| 3 |
Wells Fargo
San Francisco,
California
|
+$31M |
| 4 |
American Century Companies
Kansas City,
Missouri
|
+$20M |
| 5 |
TA
Teachers Advisors
New York
|
+$13.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
-$54.2M |
| 2 |
Invesco
Atlanta,
Georgia
|
-$24.4M |
| 3 |
SMDAM
Sumitomo Mitsui DS Asset Management
Tokyo,
Japan
|
-$22.9M |
| 4 |
BNP Paribas Asset Management
Paris,
France
|
-$19M |
| 5 |
PRCM
Pine River Capital Management
Minnetonka,
Minnesota
|
-$17.5M |
CUBE Hedge Fund Activity: Q3 2013 in Review
176 of the 3,096 institutional investors tracked by Wall St. Rank reported a position in CubeSmart (CUBE) for Q3 2013, worth a combined $2.54B — up 13% from $2.25B a quarter earlier.
Buyers outnumbered sellers: 15 funds opened new CUBE positions and 13 closed out — a net gain of 2 holders — while 69 added to existing stakes and 68 trimmed.
The largest buyer was Capital Growth Management, opening a new position worth an estimated $40.5M. The largest seller was JP Morgan Chase, cutting an estimated $54.2M.
- 176 institutional investors held CubeSmart (CUBE) as of Q3 2013, up from 175 in Q2 2013.
- Funds reported $2.54B of CubeSmart stock for Q3 2013, up 13% quarter-over-quarter.
- 15 funds opened new CubeSmart positions in Q3 2013 and 13 closed out, a net change of +2 holders.
- The largest CubeSmart buyer in Q3 2013 was Capital Growth Management, an estimated $40.5M added.
- The largest CubeSmart seller in Q3 2013 was JP Morgan Chase, an estimated $54.2M sold.
Based on aggregated 13F filings for Q3 2013.