Crown Castle
721 hedge funds and large institutions have $38.9B invested in Crown Castle in 2017 Q3 according to their latest regulatory filings, with 86 funds opening new positions, 338 increasing their positions, 212 reducing their positions, and 56 closing their positions.
59% more repeat investments, than reductions
Existing positions increased: 338 | Existing positions reduced: 212
54% more first-time investments, than exits
New positions opened: 86 | Existing positions closed: 56
35% more funds holding in top 10
Funds holding in top 10: 23 → 31 (+8)
14% more capital invested
Capital invested by funds: $34.1B → $38.9B (+$4.88B)
3% more funds holding
Funds holding: 698 → 721 (+23)
2.99% more ownership
Funds ownership: 92.85% → 95.84% (+3%)
32% less call options, than puts
Call options by funds: $128M | Put options by funds: $189M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$1.58B |
| 2 |
MAM
Magellan Asset Management
Sydney,
Australia
|
+$1.08B |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$747M |
| 4 |
Cohen & Steers
New York
|
+$554M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$312M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital Research Global Investors
Los Angeles,
California
|
-$209M |
| 2 |
Millennium Management
New York
|
-$168M |
| 3 |
Invesco
Atlanta,
Georgia
|
-$115M |
| 4 |
PC
PointState Capital
New York
|
-$109M |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
-$102M |
CCI Hedge Fund Activity: Q3 2017 in Review
721 of the 4,022 institutional investors tracked by Wall St. Rank reported a position in Crown Castle (CCI) for Q3 2017, worth a combined $38.9B — up 14% from $34.1B a quarter earlier.
Buyers outnumbered sellers: 86 funds opened new CCI positions and 56 closed out — a net gain of 30 holders — while 338 added to existing stakes and 212 trimmed.
The largest buyer was T. Rowe Price Associates, adding an estimated $1.58B. The largest seller was Capital Research Global Investors, cutting an estimated $209M.
- 721 institutional investors held Crown Castle (CCI) as of Q3 2017, up from 698 in Q2 2017.
- Funds reported $38.9B of Crown Castle stock for Q3 2017, up 14% quarter-over-quarter.
- 86 funds opened new Crown Castle positions in Q3 2017 and 56 closed out, a net change of +30 holders.
- The largest Crown Castle buyer in Q3 2017 was T. Rowe Price Associates, an estimated $1.58B added.
- The largest Crown Castle seller in Q3 2017 was Capital Research Global Investors, an estimated $209M sold.
Based on aggregated 13F filings for Q3 2017.