Abc Arbitrage 13F: New $5M Stake in Centerspace (CSR)

Abc Arbitrage opened a new position in Centerspace CSR, buying 91,754 shares valued at about $4.99 million. The investment was revealed in a Form 13F filing with the SEC on October 23, 2026.

CSR Centerspace

$56.97 ▼ -11.37% year to date

1M 3M YTD

Daily close · Oct 23, 2026

What Changed in Abc Arbitrage's Centerspace Position

The filing shows Abc Arbitrage initiated a brand-new stake in the residential real estate investment trust during the period. The fund purchased 91,754 shares, bringing its total reported value to $4.99 million as of the filing date.

Other Institutional Activity in Centerspace

Other large investors have also adjusted their holdings in the apartment community owner recently. Voss Capital, LP grew its holdings by 428,749 shares, ending with 1,230,000 shares worth about $70,073,101. Silvercrest Asset Management Group, LLC reduced its stake by 58,416 shares, ending with 543,194 shares worth about $30,945,762. Nomura Asset Management International Inc trimmed its position by 6,815 shares, ending with 469,779 shares worth about $26,763,310.

Centerspace Stock Up 1.4%

Centerspace shares closed at $56.97 on October 23, 2026. The stock recently traded around $56.97 as of October 24, 2026, which is about equal to its close on the filing date. The share price sits above its 50-day moving average of $55.10 and below its 200-day moving average of $59.87. Over the past 52 weeks, the stock has traded as low as $52.00 and as high as $69.61.

Recent Earnings

The company reported trailing twelve month revenue of $268.87 million and basic earnings of $1.23 per share. Centerspace generated a net profit margin of 8.1% and a return on equity of 3.4%. Revenue experienced a year-over-year decline of 4.0%. The company's next earnings report is scheduled for November 2, 2026.

Dividend

Centerspace pays an annual dividend of $3.08 per share, giving the stock a dividend yield of 5.36% based on recent trading levels. The company's dividend payout ratio stands at 183.3%.

Insider Buying and Selling at Centerspace

Company insiders have made several open-market purchases over the past year. Director John A Schissel bought 500 shares on August 8, 2025, at an average price of $54.00 for a total of $27,000. John Schissel bought 500 shares on June 18, 2026, at $54.90 per share, totaling $27,450. John A Schissel also bought 500 shares on June 18, 2026, at $54.90 for $27,450. Additionally, director Rodney Jones-Tyson purchased 1,700 shares on June 22, 2026, at $55.26 per share, totaling $93,942.

Analysts Set New Price Targets

Wall Street firms have updated their outlooks on the stock in recent weeks. Compass Point upgraded the stock to a Buy with an $80.00 price target on September 10, 2026. UBS maintained a Neutral rating while lowering its target from $70.00 to $68.00 on September 15, 2026. Piper Sandler maintained a Neutral rating with a target of $56.00 on October 12, 2026. UBS issued another update maintaining a Neutral rating and lowering its target to $65.00 on October 14, 2026. Wells Fargo maintained an Equal-Weight rating, lowering its target from $57.00 to $53.00 on October 19, 2026. The stock currently holds a consensus recommendation of hold from seven analysts, with a mean price target of $62.86.

About Centerspace

Centerspace is a real estate investment trust that owns and operates apartment communities across several states including Colorado, Minnesota, Montana, Nebraska, North Dakota, and Utah. The Minot, North Dakota-based firm focuses on residential housing markets. Institutional ownership shifts like this one provide insight into how professional investors view the housing sector.

Bottom Line

Investors are keeping an eye on Centerspace as the company approaches its next earnings announcement on November 2, 2026. Future regulatory filings will show whether institutional buyers like Abc Arbitrage continue adding to their positions.