CubeSmart
CUBE
280 hedge funds and large institutions have $5.47B invested in CubeSmart in 2018 Q3 according to their latest regulatory filings, with 33 funds opening new positions, 104 increasing their positions, 102 reducing their positions, and 33 closing their positions.
1,181% more call options, than puts
Call options by funds: $6.13M | Put options by funds: $479K
2% more repeat investments, than reductions
Existing positions increased: 104 | Existing positions reduced: 102
0% more funds holding
Funds holding: 280 → 280 (0)
0% more first-time investments, than exits
New positions opened: 33 | Existing positions closed: 33
1.71% less ownership
Funds ownership: 104.72% → 103.01% (-1.7%)
11% less capital invested
Capital invested by funds: $6.13B → $5.47B (-$663M)
33% less funds holding in top 10
Funds holding in top 10: 6 → 4 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AllianceBernstein
Nashville,
Tennessee
|
+$184M |
| 2 |
JP Morgan Chase
New York
|
+$52.2M |
| 3 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$35.4M |
| 4 |
Millennium Management
New York
|
+$27.3M |
| 5 |
NIPH
NN Investment Partners Holdings
The Hague,
Netherlands
|
+$22M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Cohen & Steers
New York
|
-$102M |
| 2 |
Daiwa Securities Group
Tokyo,
Japan
|
-$39M |
| 3 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$32.7M |
| 4 |
CIMLRA
CBRE Investment Management Listed Real Assets
Radnor,
Pennsylvania
|
-$28.8M |
| 5 |
Principal Financial Group
Des Moines,
Iowa
|
-$22.9M |
CUBE Hedge Fund Activity: Q3 2018 in Review
280 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in CubeSmart (CUBE) for Q3 2018, worth a combined $5.47B — down 11% from $6.13B a quarter earlier.
Fund positioning in CUBE was balanced in Q3 2018: 33 funds opened new positions, 33 closed out, 104 added to existing stakes and 102 trimmed.
The largest buyer was AllianceBernstein, adding an estimated $184M. The largest seller was Cohen & Steers, cutting an estimated $102M.
- 280 institutional investors held CubeSmart (CUBE) as of Q3 2018, unchanged from Q2 2018.
- Funds reported $5.47B of CubeSmart stock for Q3 2018, down 11% quarter-over-quarter.
- 33 funds opened new CubeSmart positions in Q3 2018 and 33 closed out, a net change of 0 holders.
- The largest CubeSmart buyer in Q3 2018 was AllianceBernstein, an estimated $184M added.
- The largest CubeSmart seller in Q3 2018 was Cohen & Steers, an estimated $102M sold.
Based on aggregated 13F filings for Q3 2018.