American Tower
1,235 hedge funds and large institutions have $83B invested in American Tower in 2019 Q1 according to their latest regulatory filings, with 134 funds opening new positions, 489 increasing their positions, 441 reducing their positions, and 61 closing their positions.
120% more first-time investments, than exits
New positions opened: 134 | Existing positions closed: 61
25% more capital invested
Capital invested by funds: $66.2B → $83B (+$16.8B)
13% more call options, than puts
Call options by funds: $647M | Put options by funds: $575M
11% more repeat investments, than reductions
Existing positions increased: 489 | Existing positions reduced: 441
10% more funds holding in top 10
Funds holding in top 10: 60 → 66 (+6)
5% more funds holding
Funds holding: 1,176 → 1,235 (+59)
0.42% more ownership
Funds ownership: 95.07% → 95.5% (+0.42%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Cohen & Steers
New York
|
+$889M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$469M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$180M |
| 4 |
Jennison Associates
New York
|
+$143M |
| 5 |
Capital International Investors
Los Angeles,
California
|
+$136M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$301M |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$278M |
| 3 |
Edgewood Management
Greenwich,
Connecticut
|
-$228M |
| 4 |
RC
Resolution Capital
Sydney, NSW,
Australia
|
-$207M |
| 5 |
Winslow Capital Management
Minneapolis,
Minnesota
|
-$202M |
AMT Hedge Fund Activity: Q1 2019 in Review
1,235 of the 4,633 institutional investors tracked by Wall St. Rank reported a position in American Tower (AMT) for Q1 2019, worth a combined $83B — up 25% from $66.2B a quarter earlier.
Buyers outnumbered sellers: 134 funds opened new AMT positions and 61 closed out — a net gain of 73 holders — while 489 added to existing stakes and 441 trimmed.
The largest buyer was Cohen & Steers, adding an estimated $889M. The largest seller was Wellington Management Group, cutting an estimated $301M.
- 1,235 institutional investors held American Tower (AMT) as of Q1 2019, up from 1,176 in Q4 2018.
- Funds reported $83B of American Tower stock for Q1 2019, up 25% quarter-over-quarter.
- 134 funds opened new American Tower positions in Q1 2019 and 61 closed out, a net change of +73 holders.
- The largest American Tower buyer in Q1 2019 was Cohen & Steers, an estimated $889M added.
- The largest American Tower seller in Q1 2019 was Wellington Management Group, an estimated $301M sold.
Based on aggregated 13F filings for Q1 2019.