Clear Channel Outdoor Holdings
104 hedge funds and large institutions have $431M invested in Clear Channel Outdoor Holdings in 2013 Q4 according to their latest regulatory filings, with 18 funds opening new positions, 34 increasing their positions, 30 reducing their positions, and 3 closing their positions.
500% more first-time investments, than exits
New positions opened: 18 | Existing positions closed: 3
307% more call options, than puts
Call options by funds: $122K | Put options by funds: $30K
31% more capital invested
Capital invested by funds: $329M → $431M (+$102M)
16% more funds holding
Funds holding: 90 → 104 (+14)
13% more repeat investments, than reductions
Existing positions increased: 34 | Existing positions reduced: 30
4.09% more ownership
Funds ownership: 93.58% → 97.67% (+4.1%)
29% less funds holding in top 10
Funds holding in top 10: 7 → 5 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HSBC Holdings
London,
United Kingdom
|
+$13.9M |
| 2 |
Invesco
Atlanta,
Georgia
|
+$8.75M |
| 3 |
First Trust Advisors
Wheaton,
Illinois
|
+$5.59M |
| 4 |
CCA
Canyon Capital Advisors
Dallas,
Texas
|
+$3.24M |
| 5 |
U
UBS
Zurich,
Switzerland
|
+$1.26M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HCM
HMI Capital Management
San Francisco,
California
|
-$7.27M |
| 2 |
JP Morgan Chase
New York
|
-$3.2M |
| 3 |
CII
Chapter IV Investors
Charlotte,
North Carolina
|
-$2.34M |
| 4 |
BlackRock
New York
|
-$949K |
| 5 |
AIM
Allen Investment Management
New York
|
-$694K |
CCO Hedge Fund Activity: Q4 2013 in Review
104 of the 3,459 institutional investors tracked by Wall St. Rank reported a position in Clear Channel Outdoor Holdings (CCO) for Q4 2013, worth a combined $431M — up 31% from $329M a quarter earlier.
Buyers outnumbered sellers: 18 funds opened new CCO positions and 3 closed out — a net gain of 15 holders — while 34 added to existing stakes and 30 trimmed.
The largest buyer was HSBC Holdings, adding an estimated $13.9M. The largest seller was HMI Capital Management, cutting an estimated $7.27M.
- 104 institutional investors held Clear Channel Outdoor Holdings (CCO) as of Q4 2013, up from 90 in Q3 2013.
- Funds reported $431M of Clear Channel Outdoor Holdings stock for Q4 2013, up 31% quarter-over-quarter.
- 18 funds opened new Clear Channel Outdoor Holdings positions in Q4 2013 and 3 closed out, a net change of +15 holders.
- The largest Clear Channel Outdoor Holdings buyer in Q4 2013 was HSBC Holdings, an estimated $13.9M added.
- The largest Clear Channel Outdoor Holdings seller in Q4 2013 was HMI Capital Management, an estimated $7.27M sold.
Based on aggregated 13F filings for Q4 2013.