American Tower
870 hedge funds and large institutions have $42B invested in American Tower in 2016 Q4 according to their latest regulatory filings, with 136 funds opening new positions, 310 increasing their positions, 309 reducing their positions, and 64 closing their positions.
113% more first-time investments, than exits
New positions opened: 136 | Existing positions closed: 64
7% more funds holding
Funds holding: 810 → 870 (+60)
0% more repeat investments, than reductions
Existing positions increased: 310 | Existing positions reduced: 309
1.12% less ownership
Funds ownership: 94.52% → 93.4% (-1.1%)
7% less capital invested
Capital invested by funds: $45.3B → $42B (-$3.3B)
22% less funds holding in top 10
Funds holding in top 10: 67 → 52 (-15)
30% less call options, than puts
Call options by funds: $197M | Put options by funds: $281M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
+$623M |
| 2 |
1832 Asset Management
Toronto,
Ontario, Canada
|
+$287M |
| 3 |
Ameriprise
Minneapolis,
Minnesota
|
+$269M |
| 4 |
HCM
Highfields Capital Management
Boston,
Massachusetts
|
+$251M |
| 5 |
CCM
Cantillon Capital Management
New York
|
+$183M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jennison Associates
New York
|
-$684M |
| 2 |
WRF
Waddell & Reed Financial
Overland Park,
Kansas
|
-$260M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
-$199M |
| 4 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$187M |
| 5 |
Winslow Capital Management
Minneapolis,
Minnesota
|
-$136M |
AMT Hedge Fund Activity: Q4 2016 in Review
870 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in American Tower (AMT) for Q4 2016, worth a combined $42B — down 7.3% from $45.3B a quarter earlier.
Buyers outnumbered sellers: 136 funds opened new AMT positions and 64 closed out — a net gain of 72 holders — while 310 added to existing stakes and 309 trimmed.
The largest buyer was Wellington Management Group, adding an estimated $623M. The largest seller was Jennison Associates, cutting an estimated $684M.
- 870 institutional investors held American Tower (AMT) as of Q4 2016, up from 810 in Q3 2016.
- Funds reported $42B of American Tower stock for Q4 2016, down 7.3% quarter-over-quarter.
- 136 funds opened new American Tower positions in Q4 2016 and 64 closed out, a net change of +72 holders.
- The largest American Tower buyer in Q4 2016 was Wellington Management Group, an estimated $623M added.
- The largest American Tower seller in Q4 2016 was Jennison Associates, an estimated $684M sold.
Based on aggregated 13F filings for Q4 2016.