[SCHEDULE 13G] CubeSmart Passive Investment Disclosure (>5%)
Rhea-AI Filing Summary
Norges Bank reported beneficial ownership of 11,823,466 shares of CubeSmart common stock, representing 5.2064% of the class as of 03/31/2026.
The filing states Norges Bank holds sole voting power over 11,814,916 shares and sole dispositive power over 11,814,916, with 8,550 shares subject to shared dispositive power. Certain shares are invested on behalf of the Government of Norway.
Positive
- None.
Negative
- None.
Insights
Large sovereign investor discloses a 5.2064% position in CUBE.
The filing records 11,823,466 shares beneficially owned as of 03/31/2026, providing a clear snapshot of Norges Bank's stake in CubeSmart. This level crosses the 5% reporting threshold that triggers public disclosure.
Impact depends on Norges Bank's future trading decisions; subsequent filings would reveal increases, decreases, or maintenance of this position.
Schedule 13G reported under passive/investment-adviser disclosure conventions.
The submission identifies the filer as an Investment Adviser and includes a comparability statement about the foreign regulatory scheme. It certifies willingness to provide additional Schedule 13D information if requested.
Disclosure notes that some shares are held on behalf of the Government of Norway; the filing records voting and dispositive power counts explicitly.