CubeSmart
CUBE
240 hedge funds and large institutions have $4.76B invested in CubeSmart in 2017 Q1 according to their latest regulatory filings, with 21 funds opening new positions, 98 increasing their positions, 90 reducing their positions, and 26 closing their positions.
893% more call options, than puts
Call options by funds: $10.2M | Put options by funds: $1.03M
1.48% more ownership
Funds ownership: 100.33% → 101.8% (+1.5%)
9% more repeat investments, than reductions
Existing positions increased: 98 | Existing positions reduced: 90
2% less capital invested
Capital invested by funds: $4.84B → $4.76B (-$74.7M)
5% less funds holding
Funds holding: 253 → 240 (-13)
19% less first-time investments, than exits
New positions opened: 21 | Existing positions closed: 26
25% less funds holding in top 10
Funds holding in top 10: 4 → 3 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$312M |
| 2 |
Bank of New York Mellon
New York
|
+$82.3M |
| 3 |
O
OppenheimerFunds
New York
|
+$55.2M |
| 4 |
Diamond Hill Capital Management
Columbus,
Ohio
|
+$44M |
| 5 |
HRES
Heitman Real Estate Securities
Chicago,
Illinois
|
+$26.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
-$51.1M |
| 2 |
Invesco
Atlanta,
Georgia
|
-$50.7M |
| 3 |
CBOA
Commonwealth Bank of Australia
Sydney, NSW,
Australia
|
-$36.9M |
| 4 |
CIMLRA
CBRE Investment Management Listed Real Assets
Radnor,
Pennsylvania
|
-$35.6M |
| 5 |
LIMS
Lasalle Investment Management Securities
Baltimore,
Maryland
|
-$27.7M |
CUBE Hedge Fund Activity: Q1 2017 in Review
240 of the 4,034 institutional investors tracked by Wall St. Rank reported a position in CubeSmart (CUBE) for Q1 2017, worth a combined $4.76B — down 1.5% from $4.84B a quarter earlier.
Sellers outnumbered buyers: 26 funds closed out of CUBE and 21 opened new positions — a net loss of 5 holders — while 90 trimmed existing stakes and 98 added.
The largest buyer was BlackRock, adding an estimated $312M. The largest seller was Goldman Sachs, cutting an estimated $51.1M.
- 240 institutional investors held CubeSmart (CUBE) as of Q1 2017, down from 253 in Q4 2016.
- Funds reported $4.76B of CubeSmart stock for Q1 2017, down 1.5% quarter-over-quarter.
- 21 funds opened new CubeSmart positions in Q1 2017 and 26 closed out, a net change of -5 holders.
- The largest CubeSmart buyer in Q1 2017 was BlackRock, an estimated $312M added.
- The largest CubeSmart seller in Q1 2017 was Goldman Sachs, an estimated $51.1M sold.
Based on aggregated 13F filings for Q1 2017.