CubeSmart
CUBE
301 hedge funds and large institutions have $6.61B invested in CubeSmart in 2020 Q4 according to their latest regulatory filings, with 53 funds opening new positions, 106 increasing their positions, 111 reducing their positions, and 23 closing their positions.
526% more call options, than puts
Call options by funds: $839K | Put options by funds: $134K
130% more first-time investments, than exits
New positions opened: 53 | Existing positions closed: 23
10% more funds holding
Funds holding: 273 → 301 (+28)
5% more capital invested
Capital invested by funds: $6.29B → $6.61B (+$313M)
0.17% more ownership
Funds ownership: 100.46% → 100.63% (+0.17%)
5% less repeat investments, than reductions
Existing positions increased: 106 | Existing positions reduced: 111
25% less funds holding in top 10
Funds holding in top 10: 4 → 3 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PI
PGGM Investments
Zeist,
Netherlands
|
+$123M |
| 2 |
ZP
Zimmer Partners
New York
|
+$69.4M |
| 3 |
BlackRock
New York
|
+$50.5M |
| 4 |
Cohen & Steers
New York
|
+$47M |
| 5 |
RC
Resolution Capital
Sydney, NSW,
Australia
|
+$35.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CIM
Centersquare Investment Management
Conshohocken,
Pennsylvania
|
-$169M |
| 2 |
AllianceBernstein
Nashville,
Tennessee
|
-$109M |
| 3 |
EVM
Eaton Vance Management
Boston,
Massachusetts
|
-$45.4M |
| 4 |
BC
Brookfield Corp
Toronto,
Ontario, Canada
|
-$35.1M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$27.7M |
CUBE Hedge Fund Activity: Q4 2020 in Review
301 of the 5,676 institutional investors tracked by Wall St. Rank reported a position in CubeSmart (CUBE) for Q4 2020, worth a combined $6.61B — up 5% from $6.29B a quarter earlier.
Buyers outnumbered sellers: 53 funds opened new CUBE positions and 23 closed out — a net gain of 30 holders — while 106 added to existing stakes and 111 trimmed.
The largest buyer was PGGM Investments, adding an estimated $123M. The largest seller was Centersquare Investment Management, cutting an estimated $169M.
- 301 institutional investors held CubeSmart (CUBE) as of Q4 2020, up from 273 in Q3 2020.
- Funds reported $6.61B of CubeSmart stock for Q4 2020, up 5% quarter-over-quarter.
- 53 funds opened new CubeSmart positions in Q4 2020 and 23 closed out, a net change of +30 holders.
- The largest CubeSmart buyer in Q4 2020 was PGGM Investments, an estimated $123M added.
- The largest CubeSmart seller in Q4 2020 was Centersquare Investment Management, an estimated $169M sold.
Based on aggregated 13F filings for Q4 2020.