Clear Channel Outdoor Holdings
101 hedge funds and large institutions have $329M invested in Clear Channel Outdoor Holdings in 2015 Q2 according to their latest regulatory filings, with 13 funds opening new positions, 37 increasing their positions, 35 reducing their positions, and 11 closing their positions.
18% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 11
2% more funds holding
Funds holding: 99 → 101 (+2)
6% more repeat investments, than reductions
Existing positions increased: 37 | Existing positions reduced: 35
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
3% less capital invested
Capital invested by funds: $340M → $329M (-$11.2M)
3.43% less ownership
Funds ownership: 74.41% → 70.98% (-3.4%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCM
Brigade Capital Management
New York
|
+$10.9M |
| 2 |
Invesco
Atlanta,
Georgia
|
+$4.06M |
| 3 |
Renaissance Technologies
New York
|
+$3.39M |
| 4 |
GCP
GSA Capital Partners
London,
United Kingdom
|
+$1.78M |
| 5 |
Two Sigma Investments
New York
|
+$1.71M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MCM
Mason Capital Management
New York
|
-$22M |
| 2 |
CII
Chapter IV Investors
Charlotte,
North Carolina
|
-$4.77M |
| 3 |
BS
Bow Street
New York
|
-$2.64M |
| 4 |
APCM
Arbiter Partners Capital Management
New York
|
-$2.37M |
| 5 |
AIM
Allen Investment Management
New York
|
-$1.86M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
101
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
| $105 | – | – | – |
|
|
MCM
102
Mason Capital Management
New York
| – | -$22M | -2,172,946 | Closed |
|
|
BS
103
Bow Street
New York
| – | -$2.64M | -260,615 | Closed |
|
|
AIM
104
Allen Investment Management
New York
| – | -$1.86M | -184,000 | Closed |
|
|
GMIM
105
General Motors Investment Management
New York
| – | -$705K | -69,681 | Closed |
|
|
MAA
106
Managed Account Advisors
Jersey City,
New Jersey
| – | -$644K | -63,672 | Closed |
|
|
SAM
107
Symphony Asset Management
San Francisco,
California
| – | -$470K | -46,407 | Closed |
|
|
PP
108
Paloma Partners
Greenwich,
Connecticut
| – | -$123K | -12,156 | Closed |
|
|
IRF
109
IBM Retirement Fund
Armonk,
New York
| – | -$102K | -10,052 | Closed |
|
110
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$101K | -10,010 | Closed |
|
111
Creative Planning
Overland Park,
Kansas
| – | -$10K | -1,000 | Closed |
|
112
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| – | -$4K | -474 | Closed |
|
CCO Hedge Fund Activity: Q2 2015 in Review
101 of the 3,711 institutional investors tracked by Wall St. Rank reported a position in Clear Channel Outdoor Holdings (CCO) for Q2 2015, worth a combined $329M — down 3.3% from $340M a quarter earlier.
Buyers outnumbered sellers: 13 funds opened new CCO positions and 11 closed out — a net gain of 2 holders — while 37 added to existing stakes and 35 trimmed.
The largest buyer was Brigade Capital Management, opening a new position worth an estimated $10.9M. The largest seller was Mason Capital Management, exiting entirely with an estimated $22M sold.
- 101 institutional investors held Clear Channel Outdoor Holdings (CCO) as of Q2 2015, up from 99 in Q1 2015.
- Funds reported $329M of Clear Channel Outdoor Holdings stock for Q2 2015, down 3.3% quarter-over-quarter.
- 13 funds opened new Clear Channel Outdoor Holdings positions in Q2 2015 and 11 closed out, a net change of +2 holders.
- The largest Clear Channel Outdoor Holdings buyer in Q2 2015 was Brigade Capital Management, an estimated $10.9M added.
- The largest Clear Channel Outdoor Holdings seller in Q2 2015 was Mason Capital Management, an estimated $22M sold.
Based on aggregated 13F filings for Q2 2015.