CubeSmart
CUBE
258 hedge funds and large institutions have $5.7B invested in CubeSmart in 2016 Q2 according to their latest regulatory filings, with 42 funds opening new positions, 93 increasing their positions, 99 reducing their positions, and 24 closing their positions.
1,027% more call options, than puts
Call options by funds: $34.8M | Put options by funds: $3.09M
75% more first-time investments, than exits
New positions opened: 42 | Existing positions closed: 24
7% more funds holding
Funds holding: 242 → 258 (+16)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
0.91% less ownership
Funds ownership: 104.89% → 103.98% (-0.91%)
6% less repeat investments, than reductions
Existing positions increased: 93 | Existing positions reduced: 99
7% less capital invested
Capital invested by funds: $6.13B → $5.7B (-$430M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
+$112M |
| 2 |
LIMS
Lasalle Investment Management Securities
Baltimore,
Maryland
|
+$71.6M |
| 3 |
O
OppenheimerFunds
New York
|
+$50.9M |
| 4 |
Morgan Stanley
New York
|
+$49.8M |
| 5 |
Bank of New York Mellon
New York
|
+$45M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
-$78.7M |
| 2 |
CGM
Capital Growth Management
Boston,
Massachusetts
|
-$50.6M |
| 3 |
Cohen & Steers
New York
|
-$47.6M |
| 4 |
Renaissance Technologies
New York
|
-$42.5M |
| 5 |
Northern Trust
Chicago,
Illinois
|
-$34.4M |
CUBE Hedge Fund Activity: Q2 2016 in Review
258 of the 3,756 institutional investors tracked by Wall St. Rank reported a position in CubeSmart (CUBE) for Q2 2016, worth a combined $5.7B — down 7% from $6.13B a quarter earlier.
Buyers outnumbered sellers: 42 funds opened new CUBE positions and 24 closed out — a net gain of 18 holders — while 93 added to existing stakes and 99 trimmed.
The largest buyer was Invesco, adding an estimated $112M. The largest seller was BlackRock Fund Advisors, cutting an estimated $78.7M.
- 258 institutional investors held CubeSmart (CUBE) as of Q2 2016, up from 242 in Q1 2016.
- Funds reported $5.7B of CubeSmart stock for Q2 2016, down 7% quarter-over-quarter.
- 42 funds opened new CubeSmart positions in Q2 2016 and 24 closed out, a net change of +18 holders.
- The largest CubeSmart buyer in Q2 2016 was Invesco, an estimated $112M added.
- The largest CubeSmart seller in Q2 2016 was BlackRock Fund Advisors, an estimated $78.7M sold.
Based on aggregated 13F filings for Q2 2016.