CubeSmart
CUBE
335 hedge funds and large institutions have $8.69B invested in CubeSmart in 2022 Q3 according to their latest regulatory filings, with 45 funds opening new positions, 121 increasing their positions, 127 reducing their positions, and 29 closing their positions.
55% more first-time investments, than exits
New positions opened: 45 | Existing positions closed: 29
4% more funds holding
Funds holding: 323 → 335 (+12)
1.91% more ownership
Funds ownership: 94.71% → 96.62% (+1.9%)
5% less capital invested
Capital invested by funds: $9.11B → $8.69B (-$423M)
5% less repeat investments, than reductions
Existing positions increased: 121 | Existing positions reduced: 127
36% less call options, than puts
Call options by funds: $1.03M | Put options by funds: $1.61M
50% less funds holding in top 10
Funds holding in top 10: 6 → 3 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Norges Bank
Oslo,
Norway
|
+$85.8M |
| 2 |
Invesco
Atlanta,
Georgia
|
+$69.7M |
| 3 |
ZP
Zimmer Partners
New York
|
+$27.6M |
| 4 |
BC
Brookfield Corp
Toronto,
Ontario, Canada
|
+$27.4M |
| 5 |
WMSA
Weiss Multi-Strategy Advisers
New York
|
+$23.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$250M |
| 2 |
RC
Resolution Capital
Sydney, NSW,
Australia
|
-$81.1M |
| 3 |
Cohen & Steers
New York
|
-$43.8M |
| 4 |
BlackRock
New York
|
-$33.4M |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
-$27.9M |
CUBE Hedge Fund Activity: Q3 2022 in Review
335 of the 5,828 institutional investors tracked by Wall St. Rank reported a position in CubeSmart (CUBE) for Q3 2022, worth a combined $8.69B — down 4.6% from $9.11B a quarter earlier.
Buyers outnumbered sellers: 45 funds opened new CUBE positions and 29 closed out — a net gain of 16 holders — while 121 added to existing stakes and 127 trimmed.
The largest buyer was Norges Bank, adding an estimated $85.8M. The largest seller was T. Rowe Price Associates, cutting an estimated $250M.
- 335 institutional investors held CubeSmart (CUBE) as of Q3 2022, up from 323 in Q2 2022.
- Funds reported $8.69B of CubeSmart stock for Q3 2022, down 4.6% quarter-over-quarter.
- 45 funds opened new CubeSmart positions in Q3 2022 and 29 closed out, a net change of +16 holders.
- The largest CubeSmart buyer in Q3 2022 was Norges Bank, an estimated $85.8M added.
- The largest CubeSmart seller in Q3 2022 was T. Rowe Price Associates, an estimated $250M sold.
Based on aggregated 13F filings for Q3 2022.