Clear Channel Outdoor Holdings
126 hedge funds and large institutions have $462M invested in Clear Channel Outdoor Holdings in 2020 Q2 according to their latest regulatory filings, with 18 funds opening new positions, 36 increasing their positions, 38 reducing their positions, and 32 closing their positions.
59% more capital invested
Capital invested by funds: $290M → $462M (+$172M)
10% more funds holding in top 10
Funds holding in top 10: 10 → 11 (+1)
5% less repeat investments, than reductions
Existing positions increased: 36 | Existing positions reduced: 38
1.62% less ownership
Funds ownership: 97.11% → 95.48% (-1.6%)
11% less funds holding
Funds holding: 141 → 126 (-15)
44% less first-time investments, than exits
New positions opened: 18 | Existing positions closed: 32
Top Buyers
| 1 |
AM
Ares Management
Los Angeles,
California
|
+$10.4M |
| 2 |
SG
Standard General
New York
|
+$4.25M |
| 3 |
BCM
Brigade Capital Management
New York
|
+$4.11M |
| 4 |
BHMP
Bardin Hill Management Partners
New York
|
+$2.58M |
| 5 |
Pacer Advisors
Malvern,
Pennsylvania
|
+$2.34M |
Top Sellers
| 1 |
MAMNY
Marathon Asset Management (New York)
New York
|
-$4.35M |
| 2 |
ISSM
Invesco Senior Secured Management
New York
|
-$2.59M |
| 3 |
WA
Whitebox Advisors
Minneapolis,
Minnesota
|
-$2.34M |
| 4 |
BlackRock
New York
|
-$2.11M |
| 5 |
TCA
Taconic Capital Advisors
New York
|
-$2.05M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
PHK
151
Point72 Hong Kong
Hong Kong
| – | -$11K | -16,465 | Closed |
|
|
BA
152
Bridgewater Associates
Westport,
Connecticut
| – | -$7K | -11,489 | Closed |
|
|
AI
153
Atria Investments
Charlotte,
North Carolina
| – | -$7K | -10,342 | Closed |
|
154
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
| – | -$7K | -10,205 | Closed |
|
|
AIP
155
Ameritas Investment Partners
Lincoln,
Nebraska
| – | -$2K | -3,136 | Closed |
|
156
US Bancorp
Minneapolis,
Minnesota
| – | -$2K | -2,380 | Closed |
|
CCO Hedge Fund Activity: Q2 2020 in Review
126 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in Clear Channel Outdoor Holdings (CCO) for Q2 2020, worth a combined $462M — up 59% from $290M a quarter earlier.
Sellers outnumbered buyers: 32 funds closed out of CCO and 18 opened new positions — a net loss of 14 holders — while 38 trimmed existing stakes and 36 added.
The largest buyer was Ares Management, adding an estimated $10.4M. The largest seller was Marathon Asset Management (New York), exiting entirely with an estimated $4.35M sold.
- 126 institutional investors held Clear Channel Outdoor Holdings (CCO) as of Q2 2020, down from 141 in Q1 2020.
- Funds reported $462M of Clear Channel Outdoor Holdings stock for Q2 2020, up 59% quarter-over-quarter.
- 18 funds opened new Clear Channel Outdoor Holdings positions in Q2 2020 and 32 closed out, a net change of -14 holders.
- The largest Clear Channel Outdoor Holdings buyer in Q2 2020 was Ares Management, an estimated $10.4M added.
- The largest Clear Channel Outdoor Holdings seller in Q2 2020 was Marathon Asset Management (New York), an estimated $4.35M sold.
Based on aggregated 13F filings for Q2 2020.