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CubeSmart

362 hedge funds and large institutions have $11.1B invested in CubeSmart in 2022 Q1 according to their latest regulatory filings, with 47 funds opening new positions, 131 increasing their positions, 143 reducing their positions, and 70 closing their positions.

New
Increased
Maintained
Reduced
Closed

325% more call options, than puts

Call options by funds: $8.47M | Put options by funds: $1.99M

20% more funds holding in top 10

Funds holding in top 10: 56 (+1)

8% less repeat investments, than reductions

Existing positions increased: 131 | Existing positions reduced: 143

2.81% less ownership

Funds ownership: 98.13%95.31% (-2.8%)

7% less funds holding

Funds holding: 389362 (-27)

9% less capital invested

Capital invested by funds: $12.2B → $11.1B (-$1.07B)

33% less first-time investments, than exits

New positions opened: 47 | Existing positions closed: 70

Holders
362
Holders Change
-27
Holders Change %
-6.94%
% of All Funds
5.71%
Holding in Top 10
6
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+20%
% of All Funds
0.09%
New
47
Increased
131
Reduced
143
Closed
70
Calls
$8.47M
Puts
$1.99M
Net Calls
+$6.48M
Net Calls Change
-$7.09M
Name Holding Trade Value Shares
Change
Change in
Stake
Vanguard Group
1
Vanguard Group
Pennsylvania
$1.67B +$76.7M +1,515,436 +5%
Fidelity Investments
2
Fidelity Investments
Massachusetts
$1.06B -$10.7M -211,660 -1%
BlackRock
3
BlackRock
New York
$988M -$81.7M -1,614,847 -8%
Principal Financial Group
4
Principal Financial Group
Iowa
$530M +$73.8M +1,458,624 +17%
State Street
5
State Street
Massachusetts
$501M +$72.9M +1,440,138 +18%
T. Rowe Price Associates
6
T. Rowe Price Associates
Maryland
$489M +$15M +297,201 +3%
Cohen & Steers
7
Cohen & Steers
New York
$443M +$143M +2,831,801 +50%
PI
8
PGGM Investments
Netherlands
$367M
RC
9
Resolution Capital
Australia
$290M -$61.7M -1,219,901 -18%
JP Morgan Chase
10
JP Morgan Chase
New York
$260M -$28.5M -563,641 -10%
CIMLRA
11
CBRE Investment Management Listed Real Assets
Pennsylvania
$206M +$2.07M +40,910 +1%
ZP
12
Zimmer Partners
New York
$187M -$20.2M -400,000 -10%
Geode Capital Management
13
Geode Capital Management
Massachusetts
$187M -$1.04M -20,605 -0.6%
Norges Bank
14
Norges Bank
Norway
$183M
Dimensional Fund Advisors
15
Dimensional Fund Advisors
Texas
$156M +$5.1M +100,673 +3%
Diamond Hill Capital Management
16
Diamond Hill Capital Management
Ohio
$153M -$7.61M -150,351 -5%
AllianceBernstein
17
AllianceBernstein
Tennessee
$149M -$16M -315,710 -10%
Capital Research Global Investors
18
Capital Research Global Investors
California
$137M +$133M +2,633,537 New
DPIM
19
Duff & Phelps Investment Management
Illinois
$136M +$8.59M +169,615 +7%
LIMS
20
Lasalle Investment Management Securities
Maryland
$133M +$8.11M +160,164 +7%
Prudential Financial
21
Prudential Financial
New Jersey
$129M +$71.5M +1,412,678 +131%
Charles Schwab
22
Charles Schwab
California
$129M +$8.84M +174,602 +8%
Janus Henderson Group
23
Janus Henderson Group
United Kingdom
$124M +$92.8M +1,833,536 +338%
Sumitomo Mitsui Trust Group
24
Sumitomo Mitsui Trust Group
Japan
$105M +$3.22M +63,531 +3%
N
25
Nuveen
North Carolina
$101M +$9.43M +186,342 +10%

CUBE Hedge Fund Activity: Q1 2022 in Review

362 of the 6,340 institutional investors tracked by Wall St. Rank reported a position in CubeSmart (CUBE) for Q1 2022, worth a combined $11.1B — down 8.7% from $12.2B a quarter earlier.

Sellers outnumbered buyers: 70 funds closed out of CUBE and 47 opened new positions — a net loss of 23 holders — while 143 trimmed existing stakes and 131 added.

The largest buyer was Cohen & Steers, adding an estimated $143M. The largest seller was Millennium Management, cutting an estimated $130M.

  • 362 institutional investors held CubeSmart (CUBE) as of Q1 2022, down from 389 in Q4 2021.
  • Funds reported $11.1B of CubeSmart stock for Q1 2022, down 8.7% quarter-over-quarter.
  • 47 funds opened new CubeSmart positions in Q1 2022 and 70 closed out, a net change of -23 holders.
  • The largest CubeSmart buyer in Q1 2022 was Cohen & Steers, an estimated $143M added.
  • The largest CubeSmart seller in Q1 2022 was Millennium Management, an estimated $130M sold.

Based on aggregated 13F filings for Q1 2022.