CubeSmart
CUBE
330 hedge funds and large institutions have $9.19B invested in CubeSmart in 2021 Q3 according to their latest regulatory filings, with 63 funds opening new positions, 115 increasing their positions, 108 reducing their positions, and 23 closing their positions.
579% more call options, than puts
Call options by funds: $21.1M | Put options by funds: $3.1M
174% more first-time investments, than exits
New positions opened: 63 | Existing positions closed: 23
12% more funds holding
Funds holding: 295 → 330 (+35)
6% more repeat investments, than reductions
Existing positions increased: 115 | Existing positions reduced: 108
2% more capital invested
Capital invested by funds: $9.05B → $9.19B (+$148M)
2.91% less ownership
Funds ownership: 96.88% → 93.97% (-2.9%)
20% less funds holding in top 10
Funds holding in top 10: 5 → 4 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Norges Bank
Oslo,
Norway
|
+$78.5M |
| 2 |
Prudential Financial
Newark,
New Jersey
|
+$33.2M |
| 3 |
MAM
Martingale Asset Management
Boston,
Massachusetts
|
+$29.5M |
| 4 |
Renaissance Technologies
New York
|
+$26M |
| 5 |
LIMS
Lasalle Investment Management Securities
Baltimore,
Maryland
|
+$24.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PI
PGGM Investments
Zeist,
Netherlands
|
-$262M |
| 2 |
Cohen & Steers
New York
|
-$110M |
| 3 |
JP Morgan Chase
New York
|
-$72.1M |
| 4 |
Invesco
Atlanta,
Georgia
|
-$55.1M |
| 5 |
ZP
Zimmer Partners
New York
|
-$51.1M |
CUBE Hedge Fund Activity: Q3 2021 in Review
330 of the 5,728 institutional investors tracked by Wall St. Rank reported a position in CubeSmart (CUBE) for Q3 2021, worth a combined $9.19B — up 1.6% from $9.05B a quarter earlier.
Buyers outnumbered sellers: 63 funds opened new CUBE positions and 23 closed out — a net gain of 40 holders — while 115 added to existing stakes and 108 trimmed.
The largest buyer was Norges Bank, adding an estimated $78.5M. The largest seller was PGGM Investments, cutting an estimated $262M.
- 330 institutional investors held CubeSmart (CUBE) as of Q3 2021, up from 295 in Q2 2021.
- Funds reported $9.19B of CubeSmart stock for Q3 2021, up 1.6% quarter-over-quarter.
- 63 funds opened new CubeSmart positions in Q3 2021 and 23 closed out, a net change of +40 holders.
- The largest CubeSmart buyer in Q3 2021 was Norges Bank, an estimated $78.5M added.
- The largest CubeSmart seller in Q3 2021 was PGGM Investments, an estimated $262M sold.
Based on aggregated 13F filings for Q3 2021.