CubeSmart
CUBE
427 hedge funds and large institutions have $9.82B invested in CubeSmart in 2024 Q1 according to their latest regulatory filings, with 50 funds opening new positions, 162 increasing their positions, 142 reducing their positions, and 58 closing their positions.
14% more repeat investments, than reductions
Existing positions increased: 162 | Existing positions reduced: 142
0.37% less ownership
Funds ownership: 96.9% → 96.53% (-0.37%)
3% less capital invested
Capital invested by funds: $10.1B → $9.82B (-$284M)
9% less call options, than puts
Call options by funds: $9.86M | Put options by funds: $10.8M
2% less funds holding
Funds holding: 437 → 427 (-10)
14% less first-time investments, than exits
New positions opened: 50 | Existing positions closed: 58
100% less funds holding in top 10
Funds holding in top 10: 4 → 0 (-4)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$138M |
| 2 |
Janus Henderson Group
London,
|
+$75.9M |
| 3 |
Balyasny Asset Management
Chicago,
Illinois
|
+$69.4M |
| 4 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$53.4M |
| 5 |
TCM
TimesSquare Capital Management
New York
|
+$47.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
-$65.4M |
| 2 |
CIM
Centersquare Investment Management
Conshohocken,
Pennsylvania
|
-$52.3M |
| 3 |
JP Morgan Chase
New York
|
-$50.8M |
| 4 |
State Street
Boston,
Massachusetts
|
-$50.1M |
| 5 |
Goldman Sachs
New York
|
-$49.5M |
CUBE Hedge Fund Activity: Q1 2024 in Review
427 of the 6,958 institutional investors tracked by Wall St. Rank reported a position in CubeSmart (CUBE) for Q1 2024, worth a combined $9.82B — down 2.8% from $10.1B a quarter earlier.
Sellers outnumbered buyers: 58 funds closed out of CUBE and 50 opened new positions — a net loss of 8 holders — while 142 trimmed existing stakes and 162 added.
The largest buyer was Fidelity Investments, adding an estimated $138M. The largest seller was Invesco, cutting an estimated $65.4M.
- 427 institutional investors held CubeSmart (CUBE) as of Q1 2024, down from 437 in Q4 2023.
- Funds reported $9.82B of CubeSmart stock for Q1 2024, down 2.8% quarter-over-quarter.
- 50 funds opened new CubeSmart positions in Q1 2024 and 58 closed out, a net change of -8 holders.
- The largest CubeSmart buyer in Q1 2024 was Fidelity Investments, an estimated $138M added.
- The largest CubeSmart seller in Q1 2024 was Invesco, an estimated $65.4M sold.
Based on aggregated 13F filings for Q1 2024.