CubeSmart
CUBE
273 hedge funds and large institutions have $6.29B invested in CubeSmart in 2020 Q3 according to their latest regulatory filings, with 34 funds opening new positions, 100 increasing their positions, 102 reducing their positions, and 37 closing their positions.
2,119% more call options, than puts
Call options by funds: $6.17M | Put options by funds: $278K
300% more funds holding in top 10
Funds holding in top 10: 1 → 4 (+3)
21% more capital invested
Capital invested by funds: $5.21B → $6.29B (+$1.08B)
0.73% more ownership
Funds ownership: 99.73% → 100.46% (+0.73%)
2% less repeat investments, than reductions
Existing positions increased: 100 | Existing positions reduced: 102
8% less first-time investments, than exits
New positions opened: 34 | Existing positions closed: 37
3% less funds holding
Funds holding: 280 → 273 (-7)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RC
Resolution Capital
Sydney, NSW,
Australia
|
+$76.7M |
| 2 |
BC
Brookfield Corp
Toronto,
Ontario, Canada
|
+$42.1M |
| 3 |
JP Morgan Chase
New York
|
+$40.8M |
| 4 |
Cohen & Steers
New York
|
+$27M |
| 5 |
Millennium Management
New York
|
+$26.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Nuveen
Charlotte,
North Carolina
|
-$32.8M |
| 2 |
ESCM
Echo Street Capital Management
New York
|
-$31M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
-$30.4M |
| 4 |
LIMS
Lasalle Investment Management Securities
Baltimore,
Maryland
|
-$19.1M |
| 5 |
Sumitomo Mitsui Trust Group
Minato-Ku, Tokyo,
Japan
|
-$18.8M |
CUBE Hedge Fund Activity: Q3 2020 in Review
273 of the 4,970 institutional investors tracked by Wall St. Rank reported a position in CubeSmart (CUBE) for Q3 2020, worth a combined $6.29B — up 21% from $5.21B a quarter earlier.
Sellers outnumbered buyers: 37 funds closed out of CUBE and 34 opened new positions — a net loss of 3 holders — while 102 trimmed existing stakes and 100 added.
The largest buyer was Resolution Capital, adding an estimated $76.7M. The largest seller was Nuveen, cutting an estimated $32.8M.
- 273 institutional investors held CubeSmart (CUBE) as of Q3 2020, down from 280 in Q2 2020.
- Funds reported $6.29B of CubeSmart stock for Q3 2020, up 21% quarter-over-quarter.
- 34 funds opened new CubeSmart positions in Q3 2020 and 37 closed out, a net change of -3 holders.
- The largest CubeSmart buyer in Q3 2020 was Resolution Capital, an estimated $76.7M added.
- The largest CubeSmart seller in Q3 2020 was Nuveen, an estimated $32.8M sold.
Based on aggregated 13F filings for Q3 2020.