CubeSmart
CUBE
243 hedge funds and large institutions have $5.12B invested in CubeSmart in 2017 Q3 according to their latest regulatory filings, with 29 funds opening new positions, 98 increasing their positions, 87 reducing their positions, and 31 closing their positions.
106% more call options, than puts
Call options by funds: $4.95M | Put options by funds: $2.41M
16% more capital invested
Capital invested by funds: $4.43B → $5.12B (+$690M)
13% more repeat investments, than reductions
Existing positions increased: 98 | Existing positions reduced: 87
7.15% more ownership
Funds ownership: 102.3% → 109.46% (+7.2%)
0% more funds holding in top 10
Funds holding in top 10: 4 → 4 (0)
6% less first-time investments, than exits
New positions opened: 29 | Existing positions closed: 31
2% less funds holding
Funds holding: 248 → 243 (-5)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Cohen & Steers
New York
|
+$266M |
| 2 |
Daiwa Securities Group
Tokyo,
Japan
|
+$175M |
| 3 |
American Century Companies
Kansas City,
Missouri
|
+$45.3M |
| 4 |
CIMLRA
CBRE Investment Management Listed Real Assets
Radnor,
Pennsylvania
|
+$37.6M |
| 5 |
Citadel Advisors
Miami,
Florida
|
+$28.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LIMS
Lasalle Investment Management Securities
Baltimore,
Maryland
|
-$59.2M |
| 2 |
HRES
Heitman Real Estate Securities
Chicago,
Illinois
|
-$51.2M |
| 3 |
Balyasny Asset Management
Chicago,
Illinois
|
-$41.1M |
| 4 |
Morgan Stanley
New York
|
-$33.2M |
| 5 |
Millennium Management
New York
|
-$32.9M |
CUBE Hedge Fund Activity: Q3 2017 in Review
243 of the 4,022 institutional investors tracked by Wall St. Rank reported a position in CubeSmart (CUBE) for Q3 2017, worth a combined $5.12B — up 16% from $4.43B a quarter earlier.
Sellers outnumbered buyers: 31 funds closed out of CUBE and 29 opened new positions — a net loss of 2 holders — while 87 trimmed existing stakes and 98 added.
The largest buyer was Cohen & Steers, adding an estimated $266M. The largest seller was Lasalle Investment Management Securities, cutting an estimated $59.2M.
- 243 institutional investors held CubeSmart (CUBE) as of Q3 2017, down from 248 in Q2 2017.
- Funds reported $5.12B of CubeSmart stock for Q3 2017, up 16% quarter-over-quarter.
- 29 funds opened new CubeSmart positions in Q3 2017 and 31 closed out, a net change of -2 holders.
- The largest CubeSmart buyer in Q3 2017 was Cohen & Steers, an estimated $266M added.
- The largest CubeSmart seller in Q3 2017 was Lasalle Investment Management Securities, an estimated $59.2M sold.
Based on aggregated 13F filings for Q3 2017.