Clear Channel Outdoor Holdings
77 hedge funds and large institutions have $141M invested in Clear Channel Outdoor Holdings in 2018 Q2 according to their latest regulatory filings, with 8 funds opening new positions, 28 increasing their positions, 22 reducing their positions, and 6 closing their positions.
33% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 6
27% more repeat investments, than reductions
Existing positions increased: 28 | Existing positions reduced: 22
1% more funds holding
Funds holding: 76 → 77 (+1)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0.93% less ownership
Funds ownership: 66.62% → 65.7% (-0.93%)
13% less capital invested
Capital invested by funds: $162M → $141M (-$21.5M)
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $43K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AGC
Angelo Gordon & Co
New York
|
+$5.3M |
| 2 |
AM
Ares Management
Los Angeles,
California
|
+$1.83M |
| 3 |
SAM
Serengeti Asset Management
New York
|
+$1.17M |
| 4 |
BlackRock
New York
|
+$890K |
| 5 |
GF
Gabelli Funds
Rye,
New York
|
+$663K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
-$9.99M |
| 2 |
Blackstone Inc
New York
|
-$2.12M |
| 3 |
AFA
Alta Fundamental Advisers
New York
|
-$538K |
| 4 |
SRAM
Stone Ridge Asset Management
New York
|
-$250K |
| 5 |
APCM
Arbiter Partners Capital Management
New York
|
-$245K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
76
Royal Bank of Canada
Toronto,
Ontario, Canada
| $1K | +$880 | +188 | New |
|
|
SRAM
77
Stone Ridge Asset Management
New York
| – | -$250K | -51,077 | Closed |
|
|
APCM
78
Arbiter Partners Capital Management
New York
| – | -$245K | -50,000 | Closed |
|
|
PCM
79
Prelude Capital Management
New York
| – | -$98K | -19,900 | Closed |
|
|
GIA
80
Gargoyle Investment Advisor
Englewood,
New Jersey
| – | -$91K | -18,500 | Closed |
|
|
MAM
81
Meeder Asset Management
Dublin,
Ohio
| – | -$9K | -1,870 | Closed |
|
CCO Hedge Fund Activity: Q2 2018 in Review
77 of the 4,368 institutional investors tracked by Wall St. Rank reported a position in Clear Channel Outdoor Holdings (CCO) for Q2 2018, worth a combined $141M — down 13% from $162M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new CCO positions and 6 closed out — a net gain of 2 holders — while 28 added to existing stakes and 22 trimmed.
The largest buyer was Angelo Gordon & Co, adding an estimated $5.3M. The largest seller was JP Morgan Chase, cutting an estimated $9.99M.
- 77 institutional investors held Clear Channel Outdoor Holdings (CCO) as of Q2 2018, up from 76 in Q1 2018.
- Funds reported $141M of Clear Channel Outdoor Holdings stock for Q2 2018, down 13% quarter-over-quarter.
- 8 funds opened new Clear Channel Outdoor Holdings positions in Q2 2018 and 6 closed out, a net change of +2 holders.
- The largest Clear Channel Outdoor Holdings buyer in Q2 2018 was Angelo Gordon & Co, an estimated $5.3M added.
- The largest Clear Channel Outdoor Holdings seller in Q2 2018 was JP Morgan Chase, an estimated $9.99M sold.
Based on aggregated 13F filings for Q2 2018.