American Tower
1,629 hedge funds and large institutions have $69.9B invested in American Tower in 2023 Q3 according to their latest regulatory filings, with 119 funds opening new positions, 660 increasing their positions, 655 reducing their positions, and 149 closing their positions.
150% more call options, than puts
Call options by funds: $1.26B | Put options by funds: $505M
1% more repeat investments, than reductions
Existing positions increased: 660 | Existing positions reduced: 655
0.3% more ownership
Funds ownership: 90.8% → 91.1% (+0.3%)
3% less funds holding
Funds holding: 1,684 → 1,629 (-55)
6% less funds holding in top 10
Funds holding in top 10: 35 → 33 (-2)
15% less capital invested
Capital invested by funds: $82.1B → $69.9B (-$12.2B)
20% less first-time investments, than exits
New positions opened: 119 | Existing positions closed: 149
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Cohen & Steers
New York
|
+$1.1B |
| 2 |
Daiwa Securities Group
Tokyo,
Japan
|
+$233M |
| 3 |
N
Nuveen
Charlotte,
North Carolina
|
+$205M |
| 4 |
Wellington Management Group
Boston,
Massachusetts
|
+$126M |
| 5 |
ClearBridge Investments
New York
|
+$111M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Parnassus Investments
San Francisco,
California
|
-$414M |
| 2 |
Edgewood Management
Greenwich,
Connecticut
|
-$398M |
| 3 |
Massachusetts Financial Services
Boston,
Massachusetts
|
-$339M |
| 4 |
CWG
C WorldWide Group
Copenhagen,
Denmark
|
-$235M |
| 5 |
D.E. Shaw & Co
New York
|
-$199M |
AMT Hedge Fund Activity: Q3 2023 in Review
1,629 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in American Tower (AMT) for Q3 2023, worth a combined $69.9B — down 15% from $82.1B a quarter earlier.
Sellers outnumbered buyers: 149 funds closed out of AMT and 119 opened new positions — a net loss of 30 holders — while 655 trimmed existing stakes and 660 added.
The largest buyer was Cohen & Steers, adding an estimated $1.1B. The largest seller was Parnassus Investments, exiting entirely with an estimated $414M sold.
- 1,629 institutional investors held American Tower (AMT) as of Q3 2023, down from 1,684 in Q2 2023.
- Funds reported $69.9B of American Tower stock for Q3 2023, down 15% quarter-over-quarter.
- 119 funds opened new American Tower positions in Q3 2023 and 149 closed out, a net change of -30 holders.
- The largest American Tower buyer in Q3 2023 was Cohen & Steers, an estimated $1.1B added.
- The largest American Tower seller in Q3 2023 was Parnassus Investments, an estimated $414M sold.
Based on aggregated 13F filings for Q3 2023.