CubeSmart
CUBE
252 hedge funds and large institutions have $4.9B invested in CubeSmart in 2016 Q3 according to their latest regulatory filings, with 36 funds opening new positions, 94 increasing their positions, 100 reducing their positions, and 37 closing their positions.
2,058% more call options, than puts
Call options by funds: $27.3M | Put options by funds: $1.27M
250% more funds holding in top 10
Funds holding in top 10: 2 → 7 (+5)
3% less first-time investments, than exits
New positions opened: 36 | Existing positions closed: 37
6% less repeat investments, than reductions
Existing positions increased: 94 | Existing positions reduced: 100
2% less funds holding
Funds holding: 257 → 252 (-5)
3.54% less ownership
Funds ownership: 104.31% → 100.77% (-3.5%)
14% less capital invested
Capital invested by funds: $5.72B → $4.9B (-$820M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
+$101M |
| 2 |
SCRM
Security Capital Research & Management
Chicago,
Illinois
|
+$76.4M |
| 3 |
SAMC
Shinko Asset Management Company
Tokyo,
Japan
|
+$48M |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$40M |
| 5 |
LIMS
Lasalle Investment Management Securities
Baltimore,
Maryland
|
+$36.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Cohen & Steers
New York
|
-$257M |
| 2 |
Daiwa Securities Group
Tokyo,
Japan
|
-$134M |
| 3 |
Morgan Stanley
New York
|
-$39.2M |
| 4 |
O
OppenheimerFunds
New York
|
-$33.4M |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
-$26.9M |
CUBE Hedge Fund Activity: Q3 2016 in Review
252 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in CubeSmart (CUBE) for Q3 2016, worth a combined $4.9B — down 14% from $5.72B a quarter earlier.
Sellers outnumbered buyers: 37 funds closed out of CUBE and 36 opened new positions — a net loss of 1 holder — while 100 trimmed existing stakes and 94 added.
The largest buyer was Invesco, adding an estimated $101M. The largest seller was Cohen & Steers, cutting an estimated $257M.
- 252 institutional investors held CubeSmart (CUBE) as of Q3 2016, down from 257 in Q2 2016.
- Funds reported $4.9B of CubeSmart stock for Q3 2016, down 14% quarter-over-quarter.
- 36 funds opened new CubeSmart positions in Q3 2016 and 37 closed out, a net change of -1 holder.
- The largest CubeSmart buyer in Q3 2016 was Invesco, an estimated $101M added.
- The largest CubeSmart seller in Q3 2016 was Cohen & Steers, an estimated $257M sold.
Based on aggregated 13F filings for Q3 2016.