American Tower
1,433 hedge funds and large institutions have $89B invested in American Tower in 2020 Q1 according to their latest regulatory filings, with 152 funds opening new positions, 581 increasing their positions, 535 reducing their positions, and 88 closing their positions.
73% more first-time investments, than exits
New positions opened: 152 | Existing positions closed: 88
39% more call options, than puts
Call options by funds: $460M | Put options by funds: $330M
25% more funds holding in top 10
Funds holding in top 10: 77 → 96 (+19)
3% more funds holding
Funds holding: 1,390 → 1,433 (+43)
9% more repeat investments, than reductions
Existing positions increased: 581 | Existing positions reduced: 535
0.18% less ownership
Funds ownership: 92.43% → 92.25% (-0.18%)
5% less capital invested
Capital invested by funds: $94B → $89B (-$4.98B)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jennison Associates
New York
|
+$396M |
| 2 |
Winslow Capital Management
Minneapolis,
Minnesota
|
+$287M |
| 3 |
Cohen & Steers
New York
|
+$222M |
| 4 |
Principal Financial Group
Des Moines,
Iowa
|
+$214M |
| 5 |
D.E. Shaw & Co
New York
|
+$157M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$422M |
| 2 |
Ameriprise
Minneapolis,
Minnesota
|
-$309M |
| 3 |
Capital Research Global Investors
Los Angeles,
California
|
-$297M |
| 4 |
Massachusetts Financial Services
Boston,
Massachusetts
|
-$265M |
| 5 |
BlackRock
New York
|
-$205M |
AMT Hedge Fund Activity: Q1 2020 in Review
1,433 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in American Tower (AMT) for Q1 2020, worth a combined $89B — down 5.3% from $94B a quarter earlier.
Buyers outnumbered sellers: 152 funds opened new AMT positions and 88 closed out — a net gain of 64 holders — while 581 added to existing stakes and 535 trimmed.
The largest buyer was Jennison Associates, adding an estimated $396M. The largest seller was Fidelity Investments, cutting an estimated $422M.
- 1,433 institutional investors held American Tower (AMT) as of Q1 2020, up from 1,390 in Q4 2019.
- Funds reported $89B of American Tower stock for Q1 2020, down 5.3% quarter-over-quarter.
- 152 funds opened new American Tower positions in Q1 2020 and 88 closed out, a net change of +64 holders.
- The largest American Tower buyer in Q1 2020 was Jennison Associates, an estimated $396M added.
- The largest American Tower seller in Q1 2020 was Fidelity Investments, an estimated $422M sold.
Based on aggregated 13F filings for Q1 2020.