American Tower
1,516 hedge funds and large institutions have $97.7B invested in American Tower in 2020 Q3 according to their latest regulatory filings, with 108 funds opening new positions, 689 increasing their positions, 518 reducing their positions, and 86 closing their positions.
33% more repeat investments, than reductions
Existing positions increased: 689 | Existing positions reduced: 518
26% more first-time investments, than exits
New positions opened: 108 | Existing positions closed: 86
1% more funds holding
Funds holding: 1,504 → 1,516 (+12)
0.82% less ownership
Funds ownership: 91.94% → 91.12% (-0.82%)
2% less call options, than puts
Call options by funds: $577M | Put options by funds: $592M
7% less capital invested
Capital invested by funds: $105B → $97.7B (-$7.65B)
23% less funds holding in top 10
Funds holding in top 10: 87 → 67 (-20)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BNP Paribas Financial Markets
Paris,
France
|
+$198M |
| 2 |
BlackRock
New York
|
+$177M |
| 3 |
CIBC Private Wealth Group
Atlanta,
Georgia
|
+$176M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$174M |
| 5 |
Edgewood Management
Greenwich,
Connecticut
|
+$163M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Cohen & Steers
New York
|
-$922M |
| 2 |
State Street
Boston,
Massachusetts
|
-$429M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
-$326M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
-$259M |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
-$242M |
AMT Hedge Fund Activity: Q3 2020 in Review
1,516 of the 4,970 institutional investors tracked by Wall St. Rank reported a position in American Tower (AMT) for Q3 2020, worth a combined $97.7B — down 7.3% from $105B a quarter earlier.
Buyers outnumbered sellers: 108 funds opened new AMT positions and 86 closed out — a net gain of 22 holders — while 689 added to existing stakes and 518 trimmed.
The largest buyer was BNP Paribas Financial Markets, adding an estimated $198M. The largest seller was Cohen & Steers, cutting an estimated $922M.
- 1,516 institutional investors held American Tower (AMT) as of Q3 2020, up from 1,504 in Q2 2020.
- Funds reported $97.7B of American Tower stock for Q3 2020, down 7.3% quarter-over-quarter.
- 108 funds opened new American Tower positions in Q3 2020 and 86 closed out, a net change of +22 holders.
- The largest American Tower buyer in Q3 2020 was BNP Paribas Financial Markets, an estimated $198M added.
- The largest American Tower seller in Q3 2020 was Cohen & Steers, an estimated $922M sold.
Based on aggregated 13F filings for Q3 2020.