CubeSmart
CUBE
280 hedge funds and large institutions have $6.15B invested in CubeSmart in 2018 Q2 according to their latest regulatory filings, with 37 funds opening new positions, 82 increasing their positions, 119 reducing their positions, and 23 closing their positions.
111% more call options, than puts
Call options by funds: $1.99M | Put options by funds: $940K
61% more first-time investments, than exits
New positions opened: 37 | Existing positions closed: 23
14% more capital invested
Capital invested by funds: $5.39B → $6.15B (+$765M)
5% more funds holding
Funds holding: 267 → 280 (+13)
0% more funds holding in top 10
Funds holding in top 10: 6 → 6 (0)
0.04% less ownership
Funds ownership: 104.75% → 104.72% (-0.04%)
31% less repeat investments, than reductions
Existing positions increased: 82 | Existing positions reduced: 119
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BC
Brookfield Corp
Toronto,
Ontario, Canada
|
+$80M |
| 2 |
AllianceBernstein
Nashville,
Tennessee
|
+$77.2M |
| 3 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$36.4M |
| 4 |
American Century Companies
Kansas City,
Missouri
|
+$34.4M |
| 5 |
Principal Financial Group
Des Moines,
Iowa
|
+$27.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Cohen & Steers
New York
|
-$58.2M |
| 2 |
Millennium Management
New York
|
-$44.3M |
| 3 |
Daiwa Securities Group
Tokyo,
Japan
|
-$28.7M |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$28M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
-$26.1M |
CUBE Hedge Fund Activity: Q2 2018 in Review
280 of the 4,385 institutional investors tracked by Wall St. Rank reported a position in CubeSmart (CUBE) for Q2 2018, worth a combined $6.15B — up 14% from $5.39B a quarter earlier.
Buyers outnumbered sellers: 37 funds opened new CUBE positions and 23 closed out — a net gain of 14 holders — while 82 added to existing stakes and 119 trimmed.
The largest buyer was Brookfield Corp, opening a new position worth an estimated $80M. The largest seller was Cohen & Steers, cutting an estimated $58.2M.
- 280 institutional investors held CubeSmart (CUBE) as of Q2 2018, up from 267 in Q1 2018.
- Funds reported $6.15B of CubeSmart stock for Q2 2018, up 14% quarter-over-quarter.
- 37 funds opened new CubeSmart positions in Q2 2018 and 23 closed out, a net change of +14 holders.
- The largest CubeSmart buyer in Q2 2018 was Brookfield Corp, an estimated $80M added.
- The largest CubeSmart seller in Q2 2018 was Cohen & Steers, an estimated $58.2M sold.
Based on aggregated 13F filings for Q2 2018.