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Crown Castle

461 hedge funds and large institutions have $24.4B invested in Crown Castle in 2014 Q4 according to their latest regulatory filings, with 101 funds opening new positions, 196 increasing their positions, 122 reducing their positions, and 65 closing their positions.

New
Increased
Maintained
Reduced
Closed

63% more call options, than puts

Call options by funds: $228M | Put options by funds: $140M

61% more repeat investments, than reductions

Existing positions increased: 196 | Existing positions reduced: 122

55% more first-time investments, than exits

New positions opened: 101 | Existing positions closed: 65

7% more funds holding

Funds holding: 431461 (+30)

0.49% more ownership

Funds ownership: 92.57%93.06% (+0.49%)

2% less capital invested

Capital invested by funds: $24.8B → $24.4B (-$432M)

11% less funds holding in top 10

Funds holding in top 10: 2825 (-3)

Holders
461
Holders Change
+30
Holders Change %
+6.96%
% of All Funds
12.3%
Holding in Top 10
25
Holding in Top 10 Change
-3
Holding in Top 10 Change %
-10.71%
% of All Funds
0.67%
New
101
Increased
196
Reduced
122
Closed
65
Calls
$228M
Puts
$140M
Net Calls
+$88.1M
Net Calls Change
-$140M
Name Holding Trade Value Shares
Change
Change in
Stake
Cohen & Steers
26
Cohen & Steers
New York
$193M +$1.79M +22,327 +0.9%
Geode Capital Management
27
Geode Capital Management
Massachusetts
$193M +$8.25M +102,970 +4%
VFA
28
Virtus Fund Advisers
Connecticut
$188M +$49.7M +619,840 +35%
TIM
29
Thornburg Investment Management
New Mexico
$186M +$174M +2,169,960 +1,089%
SIG
30
Senator Investment Group
New York
$185M +$116M +1,450,000 +161%
CBOA
31
Commonwealth Bank of Australia
Australia
$170M -$83.8M -1,045,502 -33%
FTCM
32
Fir Tree Capital Management
New York
$169M -$55.1M -687,977 -24%
CS
33
Credit Suisse
Switzerland
$162M +$77.3M +964,181 +88%
Invesco
34
Invesco
Georgia
$148M -$6.24M -77,832 -4%
Legal & General Group
35
Legal & General Group
United Kingdom
$145M -$2.81M -35,023 -2%
BA
36
BlackRock Advisors
Delaware
$143M +$28.6M +357,332 +24%
Ameriprise
37
Ameriprise
Minnesota
$130M +$36.3M +452,765 +38%
BlackRock
38
BlackRock
New York
$125M -$6.43M -80,232 -5%
MC
39
Maverick Capital
Texas
$124M +$36.8M +459,661 +41%
Capital International Investors
40
Capital International Investors
California
$120M +$94M +1,173,000 +336%
BIM
41
BlackRock Investment Management
Delaware
$113M +$7.06M +88,109 +7%
UBS AM
42
UBS AM
Illinois
$103M -$171M -2,134,260 -62%
Neuberger Berman Group
43
Neuberger Berman Group
New York
$100M +$51.7M +645,646 +103%
TCIM
44
TIAA CREF Investment Management
New York
$91.1M +$4.05M +50,561 +5%
Point72 Asset Management
45
Point72 Asset Management
Connecticut
$81.9M +$79.4M +991,200 +1,998%
RFC
46
Russell Frank Company
Washington
$80.7M -$14M -175,096 -15%
Fidelity Investments
47
Fidelity Investments
Massachusetts
$79.7M +$52.4M +653,421 +182%
CA
48
Cortland Advisers
Delaware
$78.7M
California Public Employees Retirement System
49
California Public Employees Retirement System
California
$76.9M -$1.38M -17,280 -2%
WRF
50
Waddell & Reed Financial
Kansas
$74.4M +$75.8M +945,750 New

CCI Hedge Fund Activity: Q4 2014 in Review

461 of the 3,749 institutional investors tracked by Wall St. Rank reported a position in Crown Castle (CCI) for Q4 2014, worth a combined $24.4B — down 1.7% from $24.8B a quarter earlier.

Buyers outnumbered sellers: 101 funds opened new CCI positions and 65 closed out — a net gain of 36 holders — while 196 added to existing stakes and 122 trimmed.

The largest buyer was Deutsche Bank, adding an estimated $548M. The largest seller was T. Rowe Price Associates, cutting an estimated $906M.

  • 461 institutional investors held Crown Castle (CCI) as of Q4 2014, up from 431 in Q3 2014.
  • Funds reported $24.4B of Crown Castle stock for Q4 2014, down 1.7% quarter-over-quarter.
  • 101 funds opened new Crown Castle positions in Q4 2014 and 65 closed out, a net change of +36 holders.
  • The largest Crown Castle buyer in Q4 2014 was Deutsche Bank, an estimated $548M added.
  • The largest Crown Castle seller in Q4 2014 was T. Rowe Price Associates, an estimated $906M sold.

Based on aggregated 13F filings for Q4 2014.