American Tower
606 hedge funds and large institutions have $27.4B invested in American Tower in 2013 Q3 according to their latest regulatory filings, with 67 funds opening new positions, 225 increasing their positions, 246 reducing their positions, and 93 closing their positions.
35% more funds holding in top 10
Funds holding in top 10: 23 → 31 (+8)
1.94% more ownership
Funds ownership: 91.96% → 93.9% (+1.9%)
3% more capital invested
Capital invested by funds: $26.7B → $27.4B (+$737M)
4% less call options, than puts
Call options by funds: $213M | Put options by funds: $221M
9% less repeat investments, than reductions
Existing positions increased: 225 | Existing positions reduced: 246
5% less funds holding
Funds holding: 641 → 606 (-35)
28% less first-time investments, than exits
New positions opened: 67 | Existing positions closed: 93
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$419M |
| 2 |
Coatue Management
New York
|
+$249M |
| 3 |
BC
Brookfield Corp
Toronto,
Ontario, Canada
|
+$197M |
| 4 |
AWM
Ashmore Wealth Management
Wilmington,
Delaware
|
+$144M |
| 5 |
CM
Corvex Management
New York
|
+$144M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$275M |
| 2 |
MCM
Marsico Capital Management
Denver,
Colorado
|
-$162M |
| 3 |
JP Morgan Chase
New York
|
-$147M |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$138M |
| 5 |
TCIM
TIAA CREF Investment Management
New York
|
-$103M |
AMT Hedge Fund Activity: Q3 2013 in Review
606 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in American Tower (AMT) for Q3 2013, worth a combined $27.4B — up 2.8% from $26.7B a quarter earlier.
Sellers outnumbered buyers: 93 funds closed out of AMT and 67 opened new positions — a net loss of 26 holders — while 246 trimmed existing stakes and 225 added.
The largest buyer was T. Rowe Price Associates, adding an estimated $419M. The largest seller was Fidelity Investments, cutting an estimated $275M.
- 606 institutional investors held American Tower (AMT) as of Q3 2013, down from 641 in Q2 2013.
- Funds reported $27.4B of American Tower stock for Q3 2013, up 2.8% quarter-over-quarter.
- 67 funds opened new American Tower positions in Q3 2013 and 93 closed out, a net change of -26 holders.
- The largest American Tower buyer in Q3 2013 was T. Rowe Price Associates, an estimated $419M added.
- The largest American Tower seller in Q3 2013 was Fidelity Investments, an estimated $275M sold.
Based on aggregated 13F filings for Q3 2013.