Clear Channel Outdoor Holdings
98 hedge funds and large institutions have $383M invested in Clear Channel Outdoor Holdings in 2014 Q1 according to their latest regulatory filings, with 4 funds opening new positions, 39 increasing their positions, 27 reducing their positions, and 10 closing their positions.
44% more repeat investments, than reductions
Existing positions increased: 39 | Existing positions reduced: 27
0% more funds holding in top 10
Funds holding in top 10: 5 → 5 (0)
2.7% less ownership
Funds ownership: 97.67% → 94.97% (-2.7%)
6% less funds holding
Funds holding: 104 → 98 (-6)
11% less capital invested
Capital invested by funds: $431M → $383M (-$48.4M)
60% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 10
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCA
Canyon Capital Advisors
Dallas,
Texas
|
+$6.86M |
| 2 |
GAM
Gotham Asset Management
New York
|
+$2.75M |
| 3 |
First Trust Advisors
Wheaton,
Illinois
|
+$2.34M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$1.49M |
| 5 |
TCIM
TIAA CREF Investment Management
New York
|
+$810K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
-$8.76M |
| 2 |
JP Morgan Chase
New York
|
-$6.02M |
| 3 |
U
UBS
Zurich,
Switzerland
|
-$1.3M |
| 4 |
HCM
HMI Capital Management
San Francisco,
California
|
-$1.19M |
| 5 |
GI
GAMCO Investors
Greenwich,
Connecticut
|
-$1.18M |
CCO Hedge Fund Activity: Q1 2014 in Review
98 of the 3,475 institutional investors tracked by Wall St. Rank reported a position in Clear Channel Outdoor Holdings (CCO) for Q1 2014, worth a combined $383M — down 11% from $431M a quarter earlier.
Sellers outnumbered buyers: 10 funds closed out of CCO and 4 opened new positions — a net loss of 6 holders — while 27 trimmed existing stakes and 39 added.
The largest buyer was Canyon Capital Advisors, adding an estimated $6.86M. The largest seller was Invesco, cutting an estimated $8.76M.
- 98 institutional investors held Clear Channel Outdoor Holdings (CCO) as of Q1 2014, down from 104 in Q4 2013.
- Funds reported $383M of Clear Channel Outdoor Holdings stock for Q1 2014, down 11% quarter-over-quarter.
- 4 funds opened new Clear Channel Outdoor Holdings positions in Q1 2014 and 10 closed out, a net change of -6 holders.
- The largest Clear Channel Outdoor Holdings buyer in Q1 2014 was Canyon Capital Advisors, an estimated $6.86M added.
- The largest Clear Channel Outdoor Holdings seller in Q1 2014 was Invesco, an estimated $8.76M sold.
Based on aggregated 13F filings for Q1 2014.