CUBENYSEReal Estate Investment TrustsFiscal year ends December 31
CubeSmart
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Jul 31, 2026
$38.58−0.41 (-1.05%)
Close on Oct 19, 2026
- Market cap
- $8.76B
- P/E (TTM)
- 26.6
- Dividend yield
- 5.42%
Ownership
Institutional holdings as of Jun 30, 2026, from 13F filings
Held by institutions
100.0%
231M of 225M shares
Institutional holders
517
93 new, 57 sold out
Net institutional buying
21M
In Q2 2026
Insider trades, 12 months
0 buys · 4 sales
Net sold $7.29M
Shares held by institutions
Holders of more than 5%
Latest Schedule 13D (active) or 13G (passive) filed by each holder
| Holder | Shares | % of class | Filing | As of |
|---|---|---|---|---|
| BlackRock, Inc. | 28,460,649 | – | 13G (passive) amendment | Sep 30, 2024 |
| Vanguard Portfolio Management | 19,460,610 | 8.56% | 13G (passive) | Mar 31, 2026 |
| FMR LLC | 13,367,234 | 5.90% | 13G (passive) amendment | Dec 31, 2024 |
| Vanguard Capital Management | 12,141,973 | 5.34% | 13G (passive) | Mar 31, 2026 |
| Norges Bank | 11,823,466 | 5.21% | 13G (passive) | Mar 31, 2026 |
| State Street Corporation | 11,322,951 | 5.00% | 13G (passive) | Dec 31, 2025 |
Top institutional holders
13F holdings as of Jun 30, 2026
| Holder | Shares | % of CUBE | Value | Change | % of portfolio |
|---|---|---|---|---|---|
| BlackRock, Inc. | 33,924,159 | 15.07% | $1.35B | +707,395 | 0.02% |
| Vanguard Portfolio Management LLC | 19,495,185 | 8.66% | $775.32M | +61,972 | 0.03% |
| Norges Bank | 12,236,433 | 5.43% | $486.64M | New | 0.05% |
| State Street Corp | 11,037,783 | 4.90% | $438.97M | −157,097 | 0.01% |
| Vanguard Capital Management LLC | 10,240,990 | 4.55% | $407.28M | −3,848 | 0.01% |
| FMR LLC | 7,515,446 | 3.34% | $298.89M | +112,088 | 0.01% |
| Aqr Capital Management LLC | 7,279,554 | 3.23% | $289.51M | +5,135,312 | 0.10% |
| Canada Pension Plan Investment Board | 7,254,520 | 3.22% | $288.51M | −11,200 | 0.16% |
| Cohen & Steers, Inc. | 7,226,516 | 3.21% | $287.40K | New | 0.45% |
| Price T Rowe Associates Inc /Md/ | 7,030,267 | 3.12% | $279.60K | −561,367 | 0.03% |
| Geode Capital Management, LLC | 4,767,570 | 2.12% | $189.65M | +13,215 | 0.01% |
| Charles Schwab Investment Management Inc | 3,762,337 | 1.67% | $149.63M | +173,979 | 0.02% |
| Cbre Investment Management Listed Real Assets LLC | 3,359,278 | 1.49% | $133.60M | +264,987 | 1.86% |
| Dimensional Fund Advisors LP | 3,352,420 | 1.49% | $133.33M | −2,501 | 0.02% |
| Northern Trust Corp | 3,348,078 | 1.49% | $133.15M | +15,967 | 0.02% |
| Duff & Phelps Investment Management Co | 3,239,472 | 1.44% | $128.83M | +501,816 | 1.22% |
| JPMorgan Chase & Co | 2,745,082 | 1.22% | $112.15M | −1,055,237 | 0.01% |
| Millennium Management LLC | 2,693,221 | 1.20% | $107.11M | −499,840 | 0.04% |
| Daiwa Securities Group Inc. | 2,449,870 | 1.09% | $97.43M | +2,359,608 | 0.19% |
| Arrowstreet Capital, Limited Partnership | 2,421,670 | 1.08% | $96.31M | +1,590,580 | 0.04% |
Institutional buying and selling by quarter
Positions opened, added to, reduced and closed by 13F filers
| Quarter | Holders | Shares held | % of shares | New / added | Reduced / closed | Shares bought | Shares sold |
|---|---|---|---|---|---|---|---|
| Q2 2026 | 517 | 231M | 100.0% | 93 / 197 | 157 / 57 | 41M | 20M |
| Q1 2026 | 487 | 211M | 93.8% | 80 / 199 | 142 / 50 | 57M | 36M |
| Q4 2025 | 464 | 221M | 98.3% | 69 / 158 | 181 / 72 | 37M | 31M |
| Q3 2025 | 477 | 216M | 96.1% | 70 / 177 | 172 / 48 | 20M | 26M |
| Q2 2025 | 459 | 223M | 98.9% | 68 / 184 | 156 / 46 | 20M | 16M |
| Q1 2025 | 442 | 219M | 97.3% | 53 / 180 | 153 / 65 | 22M | 22M |
| Q4 2024 | 459 | 220M | 97.7% | 66 / 169 | 159 / 44 | 19M | 21M |
| Q3 2024 | 449 | 223M | 98.9% | 65 / 171 | 152 / 34 | 40M | 13M |
| Q2 2024 | 422 | 223M | 99.0% | 45 / 163 | 158 / 46 | 14M | 18M |
| Q1 2024 | 426 | 228M | 100.0% | 50 / 163 | 140 / 59 | 20M | 19M |
| Q4 2023 | 437 | 227M | 100.0% | 65 / 154 | 172 / 39 | 24M | 19M |
| Q3 2023 | 414 | 222M | 98.5% | 43 / 155 | 161 / 37 | 17M | 20M |
Top mutual fund and ETF holders
Latest monthly portfolio reports (Form N-PORT)
| Fund | Shares | % of CUBE | Value | % of fund | As of |
|---|---|---|---|---|---|
| Vanguard Real Estate Index Fund | 8,498,854 | 3.77% | $352.36M | 0.48% | Jul 31, 2026 |
| iShares Core S&P Mid-Cap ETF | 7,748,367 | 3.44% | $308.15M | 0.25% | Jun 30, 2026 |
| Vanguard Total Stock Market Index Fund | 7,187,230 | 3.19% | $285.84M | 0.01% | Jun 30, 2026 |
| Vanguard Small-Cap Index Fund | 5,194,191 | 2.31% | $206.57M | 0.11% | Jun 30, 2026 |
| Vanguard Small-Cap Value Index Fund | 3,289,281 | 1.46% | $130.81M | 0.19% | Jun 30, 2026 |
| Vanguard Extended Market Index Fund | 2,596,729 | 1.15% | $103.27M | 0.11% | Jun 30, 2026 |
| Cohen & Steers Real Estate Securities Fund | 2,388,848 | 1.06% | $95.00M | 0.99% | Jun 30, 2026 |
| T. Rowe Price Real Assets Fund, Inc. | 1,770,084 | 0.79% | $70.40M | 0.69% | Jun 30, 2026 |
| Schwab U.S. REIT ETF | 1,613,194 | 0.72% | $64.53M | 0.65% | May 31, 2026 |
| Vanguard Real Estate Ii Index Fund | 1,516,126 | 0.67% | $62.86M | 0.57% | Jul 31, 2026 |
| Fidelity Mid-Cap Stock Fund | 1,300,127 | 0.58% | $53.90M | 0.60% | Jul 31, 2026 |
| Dfa Real Estate Securities Portfolio | 1,209,949 | 0.54% | $50.16M | 0.71% | Jul 31, 2026 |
| Fidelity Extended Market Index Fund | 1,178,170 | 0.52% | $47.13M | 0.11% | May 31, 2026 |
| State Street(R) SPDR(R) Portfolio S&P 400(TM) Mid Cap ETF | 1,146,072 | 0.51% | $45.58M | 0.25% | Jun 30, 2026 |
| iShares Russell Mid-Cap ETF | 928,883 | 0.41% | $36.94M | 0.06% | Jun 30, 2026 |
Officers, directors and major owners
People who filed Forms 3, 4 or 5 in the last two years
| Name | Role | Shares owned | % of shares | Latest filing |
|---|---|---|---|---|
| Christopher P. Marr | CEO, Director | 896,406 | 0.40% | Jul 16, 2026 |
| Jennifer Schulte | Chief Human Resources Officer | 18,745 | 0.01% | Jul 16, 2026 |
| Timothy M. Martin | CFO | 382,063 | 0.17% | Jul 16, 2026 |
| Jeffrey P. Foster | CLO & Secretary | 228,205 | 0.10% | Mar 4, 2026 |
| Matthew D. DeNarie | Chief Accounting Officer | 24,344 | 0.01% | Jan 5, 2026 |
| Joel D. Keaton | COO | 80,836 | 0.04% | Feb 4, 2025 |
| Dororthy Dowling | Director | 34,598 | 0.02% | May 20, 2026 |
| Jair K. Lynch | Director | 14,465 | 0.01% | May 20, 2026 |
| Jennie Weber | Director | 4,044 | 0.00% | May 20, 2026 |
| Jit Kee Chin | Director | 13,682 | 0.01% | May 20, 2026 |
| Martin P. Connor | Director | 4,044 | 0.00% | May 20, 2026 |
| John F. Remondi | Director | 77,969 | 0.03% | May 20, 2026 |
| Piero Bussani | Director | 68,966 | 0.03% | May 20, 2026 |
| Jeffrey F. Rogatz | Director | 58,114 | 0.03% | May 20, 2026 |
| John W. Fain | Director | 44,834 | 0.02% | May 22, 2025 |
| Deborah Ratnersalzberg | Director | 37,203 | 0.02% | May 22, 2025 |
Insider trades
Common stock transactions reported on Form 4, newest first
| Insider | Date | Transaction | Shares | Price | Value | Shares after |
|---|---|---|---|---|---|---|
| Christopher P. Marr CEO, Director | Jun 10, 2026 | Sale | −108,932 | $42.24 | $4.60M | 609,605 |
| Christopher P. Marr CEO, Director | Jun 10, 2026 | Option exercise | +108,932 | $26.30 | $2.86M | 718,537 |
| Dororthy Dowling Director | May 19, 2026 | Award | +4,044 | – | – | 34,598 |
| Jair K. Lynch Director | May 19, 2026 | Award | +4,044 | – | – | 14,465 |
| Piero Bussani Director | May 19, 2026 | Award | +4,044 | – | – | 68,966 |
| Jeffrey F. Rogatz Director | May 19, 2026 | Award | +4,044 | – | – | 58,114 |
| John F. Remondi Director | May 19, 2026 | Award | +4,044 | – | – | 77,969 |
| Jit Kee Chin Director | May 19, 2026 | Award | +4,044 | – | – | 13,682 |
| Martin P. Connor Director | May 19, 2026 | Award | +4,044 | – | – | 4,044 |
| Jennie Weber Director | May 19, 2026 | Award | +4,044 | – | – | 4,044 |
| Jeffrey P. Foster CLO & Secretary | Mar 3, 2026 | Option exercise | +23,148 | $26.30 | $608.79K | 228,205 |
| Jeffrey P. Foster CLO & Secretary | Mar 3, 2026 | Sale | −23,148 | $41.02 | $949.53K | 205,057 |
| Christopher P. Marr CEO, Director | Jan 31, 2026 | Tax withholding | −39,369 | $37.53 | $1.48M | 609,605 |
| Christopher P. Marr CEO, Director | Jan 1, 2026 | Award | +22,168 | $36.05 | $799.16K | 637,386 |
| Christopher P. Marr CEO, Director | Jan 1, 2026 | Award | +34,027 | – | – | 615,218 |
| Christopher P. Marr CEO, Director | Jan 1, 2026 | Tax withholding | −5,425 | $36.05 | $195.57K | 648,974 |
| Christopher P. Marr CEO, Director | Jan 1, 2026 | Award | +17,013 | – | – | 654,399 |
| Jeffrey P. Foster CLO & Secretary | Jan 1, 2026 | Award | +3,514 | $36.05 | $126.68K | 205,057 |
| Jeffrey P. Foster CLO & Secretary | Jan 1, 2026 | Award | +8,553 | – | – | 201,543 |
| Jennifer Schulte Chief Human Resources Officer | Jan 1, 2026 | Award | +4,392 | – | – | 18,745 |
| Jennifer Schulte Chief Human Resources Officer | Jan 1, 2026 | Tax withholding | −1,852 | $36.05 | $66.76K | 18,732 |
| Jennifer Schulte Chief Human Resources Officer | Jan 1, 2026 | Award | +1,839 | $36.05 | $66.30K | 20,584 |
| Matthew D. DeNarie Chief Accounting Officer | Jan 1, 2026 | Award | +1,351 | $36.05 | $48.70K | 24,344 |
| Matthew D. DeNarie Chief Accounting Officer | Jan 1, 2026 | Award | +2,635 | – | – | 22,993 |
| Timothy M. Martin CFO | Jan 1, 2026 | Award | +17,799 | – | – | 376,594 |
| Timothy M. Martin CFO | Jan 1, 2026 | Award | +8,381 | $36.05 | $302.14K | 384,975 |
| Christopher P. Marr CEO, Director | Dec 15, 2025 | Sale | −679 | $36.55 | $24.82K | 581,191 |
| Timothy M. Martin CFO | Dec 12, 2025 | Option exercise | +29,566 | $30.32 | $896.44K | 358,795 |
| Christopher P. Marr CEO, Director | Dec 12, 2025 | Sale | −46,925 | $36.55 | $1.72M | 581,870 |
| Christopher P. Marr CEO, Director | Dec 12, 2025 | Option exercise | +87,604 | $30.32 | $2.66M | 628,795 |
| Christopher P. Marr CEO, Director | Aug 12, 2025 | Gift | −10,132 | – | – | 531,059 |
| Jeffrey F. Rogatz Director | May 20, 2025 | Award | +2,956 | – | – | 54,070 |
| Dororthy Dowling Director | May 20, 2025 | Award | +2,956 | – | – | 30,554 |
| John W. Fain Director | May 20, 2025 | Award | +2,956 | – | – | 44,834 |
| Piero Bussani Director | May 20, 2025 | Award | +2,956 | – | – | 64,922 |
| Deborah Ratnersalzberg Director | May 20, 2025 | Award | +2,956 | – | – | 37,203 |
| Jair K. Lynch Director | May 20, 2025 | Award | +2,956 | – | – | 10,421 |
| John F. Remondi Director | May 20, 2025 | Award | +2,956 | – | – | 73,925 |
| Jit Kee Chin Director | May 20, 2025 | Award | +2,956 | – | – | 9,638 |
| Jeffrey P. Foster CLO & Secretary | May 5, 2025 | Option exercise | +18,616 | $30.32 | $564.44K | 211,606 |
| Jeffrey P. Foster CLO & Secretary | May 5, 2025 | Sale | −18,616 | $42.17 | $785.04K | 192,990 |
| Christopher P. Marr CEO, Director | Mar 11, 2025 | Gift | −53,300 | $42.44 | $2.26M | 541,191 |
| Christopher P. Marr CEO, Director | Jan 31, 2025 | Tax withholding | −44,761 | $41.70 | $1.87M | 594,491 |
| Joel D. Keaton COO | Jan 31, 2025 | Tax withholding | −6,092 | $41.70 | $254.04K | 80,836 |
| Matthew D. DeNarie Chief Accounting Officer | Jan 1, 2025 | Award | +2,217 | – | – | 19,298 |
| Matthew D. DeNarie Chief Accounting Officer | Jan 1, 2025 | Award | +1,060 | $42.85 | $45.42K | 20,358 |
| Jeffrey P. Foster CLO & Secretary | Jan 1, 2025 | Award | +7,196 | – | – | 189,656 |
| Jeffrey P. Foster CLO & Secretary | Jan 1, 2025 | Award | +3,334 | $42.85 | $142.86K | 192,990 |
| Christopher P. Marr CEO, Director | Jan 1, 2025 | Award | +14,313 | – | – | 644,626 |
| Christopher P. Marr CEO, Director | Jan 1, 2025 | Award | +28,627 | – | – | 605,463 |
| Christopher P. Marr CEO, Director | Jan 1, 2025 | Tax withholding | −5,374 | $42.85 | $230.28K | 639,252 |
| Christopher P. Marr CEO, Director | Jan 1, 2025 | Award | +24,850 | $42.85 | $1.06M | 630,313 |
| Joel D. Keaton COO | Jan 1, 2025 | Award | +4,365 | $42.85 | $187.04K | 92,028 |
| Joel D. Keaton COO | Jan 1, 2025 | Tax withholding | −1,887 | $42.85 | $80.86K | 90,141 |
| Joel D. Keaton COO | Jan 1, 2025 | Tax withholding | −3,213 | $42.85 | $137.68K | 86,928 |
| Timothy M. Martin CFO | Jan 1, 2025 | Award | +14,975 | – | – | 321,957 |
| Timothy M. Martin CFO | Jan 1, 2025 | Award | +7,272 | $42.85 | $311.61K | 329,229 |
| Jennifer Schulte Chief Human Resources Officer | Jan 1, 2025 | Award | +616 | – | – | 15,382 |
| Jennifer Schulte Chief Human Resources Officer | Jan 1, 2025 | Award | +1,455 | $42.85 | $62.35K | 14,766 |
| Jennifer Schulte Chief Human Resources Officer | Jan 1, 2025 | Award | +2,464 | – | – | 13,311 |
Awards, option exercises, tax withholding and gifts are shown alongside open-market buys and sales. Each name links to the filing on SEC EDGAR.
Planned insider sales
Notices of proposed sale filed on Form 144 before shares are sold
| Seller | Filed | Shares | Market value | Planned sale | Acquired through |
|---|---|---|---|---|---|
| Christopher P. Marr Officer | May 4, 2026 | 108,932 | $4.36M | May 4, 2026 | Stock Option Exercise |
| P. Foster Jeffrey Officer | Mar 3, 2026 | 23,148 | $968.51K | Mar 3, 2026 | Stock Option Exercise |
| Timothy M. Martin Officer | Dec 12, 2025 | 29,566 | $1.09M | Dec 12, 2025 | Stock Option Excercise |
| Christopher P. Marr Officer | Nov 4, 2025 | 87,604 | $3.24M | Nov 4, 2025 | Stock Option Exercise |
| Christopher P. Marr Officer | Aug 6, 2025 | 87,604 | $3.50M | Aug 6, 2025 | Stock Option Exercise |
| Joel D. Keaton Former Affiliate/Officer | Jun 5, 2025 | 27,426 | $1.18M | Jun 5, 2025 | Stock Option Exercise |
| P. Foster Jeffrey Officer | May 5, 2025 | 18,616 | $792.48K | May 5, 2025 | Stock Option Exercise |
| Jennifer Schulte Officer | Sep 11, 2024 | 15,942 | $853.22K | Sep 11, 2024 | Options Exercise |
| Timothy M. Martin Officer | Aug 14, 2024 | 30,765 | $1.46M | Aug 14, 2024 | Excercised Stock Options |
| Joel D. Keaton Officer | Aug 6, 2024 | 43,478 | $2.08M | Aug 6, 2024 | Stock Option Excercise |
| P. Foster Jeffrey Officer | Aug 5, 2024 | 7,739 | $367.99K | Aug 5, 2024 | Stock Option Exercise |
| Christopher P. Marr Officer | Aug 5, 2024 | 74,906 | $3.62M | Aug 5, 2024 | Employee Stock Option Plan |
| Joel D. Keaton Officer | Jun 12, 2024 | 113,162 | $5.02M | Jun 12, 2024 | Exercised Options |
| Joel D. Keaton Officer | May 3, 2024 | 57,422 | $2.40M | May 3, 2024 | Stock Option Exercise |
| Joel D. Keaton Officer | Mar 4, 2024 | 89,595 | $3.99M | Mar 4, 2024 | Stock Option Exercise |