Crown Castle
429 hedge funds and large institutions have $23B invested in Crown Castle in 2014 Q1 according to their latest regulatory filings, with 57 funds opening new positions, 177 increasing their positions, 148 reducing their positions, and 73 closing their positions.
20% more repeat investments, than reductions
Existing positions increased: 177 | Existing positions reduced: 148
11% more funds holding in top 10
Funds holding in top 10: 28 → 31 (+3)
8% more call options, than puts
Call options by funds: $46.5M | Put options by funds: $43M
1% more capital invested
Capital invested by funds: $22.6B → $23B (+$334M)
0.64% more ownership
Funds ownership: 92.75% → 93.4% (+0.64%)
5% less funds holding
Funds holding: 452 → 429 (-23)
22% less first-time investments, than exits
New positions opened: 57 | Existing positions closed: 73
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS AM
Chicago,
Illinois
|
+$267M |
| 2 |
MC
Maverick Capital
Dallas,
Texas
|
+$179M |
| 3 |
Alkeon Capital Management
New York
|
+$162M |
| 4 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$146M |
| 5 |
Invesco
Atlanta,
Georgia
|
+$136M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Coatue Management
New York
|
-$371M |
| 2 |
SCA
SAC Capital Advisors
Stamford,
Connecticut
|
-$133M |
| 3 |
WA
WestEnd Advisors
Charlotte,
North Carolina
|
-$130M |
| 4 |
CCI
Columbus Circle Investors
|
-$124M |
| 5 |
PHS
PFM Health Sciences
San Francisco,
California
|
-$104M |
CCI Hedge Fund Activity: Q1 2014 in Review
429 of the 3,463 institutional investors tracked by Wall St. Rank reported a position in Crown Castle (CCI) for Q1 2014, worth a combined $23B — up 1.5% from $22.6B a quarter earlier.
Sellers outnumbered buyers: 73 funds closed out of CCI and 57 opened new positions — a net loss of 16 holders — while 148 trimmed existing stakes and 177 added.
The largest buyer was UBS AM, adding an estimated $267M. The largest seller was Coatue Management, exiting entirely with an estimated $371M sold.
- 429 institutional investors held Crown Castle (CCI) as of Q1 2014, down from 452 in Q4 2013.
- Funds reported $23B of Crown Castle stock for Q1 2014, up 1.5% quarter-over-quarter.
- 57 funds opened new Crown Castle positions in Q1 2014 and 73 closed out, a net change of -16 holders.
- The largest Crown Castle buyer in Q1 2014 was UBS AM, an estimated $267M added.
- The largest Crown Castle seller in Q1 2014 was Coatue Management, an estimated $371M sold.
Based on aggregated 13F filings for Q1 2014.