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CubeSmart

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.

New
Increased
Maintained
Reduced
Closed

67% more first-time investments, than exits

New positions opened: 25 | Existing positions closed: 15

5% more funds holding

Funds holding: 176185 (+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: 10 (-1)

Holders
185
Holders Change
+9
Holders Change %
+5.11%
% of All Funds
5.37%
Holding in Top 10
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-100%
% of All Funds
New
25
Increased
66
Reduced
72
Closed
15
Calls
$4K
Puts
$46K
Net Calls
-$42K
Net Calls Change
-$44K
Name Holding Trade Value Shares
Change
Change in
Stake
Cohen & Steers
1
Cohen & Steers
New York
$280M +$3.14M +183,026 +1%
Vanguard Group
2
Vanguard Group
Pennsylvania
$264M +$11.6M +677,598 +4%
Invesco
3
Invesco
Georgia
$149M -$54.2M -3,158,459 -25%
Daiwa Securities Group
4
Daiwa Securities Group
Japan
$92.1M +$3.97M +231,660 +4%
DCMA
5
Daiwa Capital Markets America
New York
$92.1M +$99.2M +5,779,543 New
BIT
6
BlackRock Institutional Trust
California
$81.4M +$2.58M +150,142 +3%
BFA
7
BlackRock Fund Advisors
California
$70.3M -$6.35M -370,155 -8%
JP Morgan Chase
8
JP Morgan Chase
New York
$70.3M +$16.1M +937,573 +27%
SB
9
Suntrust Banks
Georgia
$67.8M +$72.8M +4,242,962 +37,154%
Principal Financial Group
10
Principal Financial Group
Iowa
$66.1M +$4.07M +236,947 +6%
Goldman Sachs
11
Goldman Sachs
New York
$64.5M +$11.8M +687,970 +20%
Deutsche Bank
12
Deutsche Bank
Germany
$53M +$49.1M +2,862,454 +618%
SAMC
13
Shinko Asset Management Company
Japan
$51M +$5.76M +335,690 +12%
Bank of New York Mellon
14
Bank of New York Mellon
New York
$47.5M +$257K +14,979 +0.5%
CGM
15
Capital Growth Management
Massachusetts
$46.5M +$9.26M +540,000 +23%
State Street
16
State Street
Massachusetts
$46.4M +$110K +6,408 +0.2%
Wells Fargo
17
Wells Fargo
California
$40.9M +$8.14M +474,681 +23%
Northern Trust
18
Northern Trust
Illinois
$36.5M +$1.02M +59,648 +3%
Ameriprise
19
Ameriprise
Minnesota
$35M -$8.64M -503,794 -19%
AAMU
20
APG Asset Management US
New York
$31.3M +$14.9M +868,629 +79%
TA
21
Teachers Advisors
New York
$30M +$109K +6,360 +0.3%
MCM
22
Munder Capital Management
Michigan
$28.4M +$1.07M +62,329 +4%
ACM
23
AEW Capital Management
Massachusetts
$24.3M +$269K +15,700 +1%
Dimensional Fund Advisors
24
Dimensional Fund Advisors
Texas
$23.9M +$1.86M +108,648 +8%
Prudential Financial
25
Prudential Financial
New Jersey
$22.5M +$1.98M +115,286 +9%

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.