American Tower
640 hedge funds and large institutions have $30.6B invested in American Tower in 2014 Q1 according to their latest regulatory filings, with 63 funds opening new positions, 268 increasing their positions, 221 reducing their positions, and 47 closing their positions.
34% more first-time investments, than exits
New positions opened: 63 | Existing positions closed: 47
21% more repeat investments, than reductions
Existing positions increased: 268 | Existing positions reduced: 221
3% more capital invested
Capital invested by funds: $29.7B → $30.6B (+$846M)
2% more call options, than puts
Call options by funds: $154M | Put options by funds: $151M
1% more funds holding
Funds holding: 634 → 640 (+6)
0.1% more ownership
Funds ownership: 94.53% → 94.64% (+0.1%)
19% less funds holding in top 10
Funds holding in top 10: 31 → 25 (-6)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MG
Meritage Group
San Francisco,
California
|
+$152M |
| 2 |
Jennison Associates
New York
|
+$149M |
| 3 |
JHIU
Janus Henderson Investors US
Denver,
Colorado
|
+$119M |
| 4 |
AIM
abrdn Investment Management
Edinburgh,
United Kingdom
|
+$98.5M |
| 5 |
Winslow Capital Management
Minneapolis,
Minnesota
|
+$89.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$370M |
| 2 |
Coatue Management
New York
|
-$159M |
| 3 |
Goldman Sachs
New York
|
-$142M |
| 4 |
PHS
PFM Health Sciences
San Francisco,
California
|
-$119M |
| 5 |
TCIM
TIAA CREF Investment Management
New York
|
-$90.3M |
AMT Hedge Fund Activity: Q1 2014 in Review
640 of the 3,463 institutional investors tracked by Wall St. Rank reported a position in American Tower (AMT) for Q1 2014, worth a combined $30.6B — up 2.8% from $29.7B a quarter earlier.
Buyers outnumbered sellers: 63 funds opened new AMT positions and 47 closed out — a net gain of 16 holders — while 268 added to existing stakes and 221 trimmed.
The largest buyer was Meritage Group, opening a new position worth an estimated $152M. The largest seller was Fidelity Investments, cutting an estimated $370M.
- 640 institutional investors held American Tower (AMT) as of Q1 2014, up from 634 in Q4 2013.
- Funds reported $30.6B of American Tower stock for Q1 2014, up 2.8% quarter-over-quarter.
- 63 funds opened new American Tower positions in Q1 2014 and 47 closed out, a net change of +16 holders.
- The largest American Tower buyer in Q1 2014 was Meritage Group, an estimated $152M added.
- The largest American Tower seller in Q1 2014 was Fidelity Investments, an estimated $370M sold.
Based on aggregated 13F filings for Q1 2014.