Clear Channel Outdoor Holdings
96 hedge funds and large institutions have $185M invested in Clear Channel Outdoor Holdings in 2015 Q4 according to their latest regulatory filings, with 12 funds opening new positions, 35 increasing their positions, 24 reducing their positions, and 15 closing their positions.
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
46% more repeat investments, than reductions
Existing positions increased: 35 | Existing positions reduced: 24
1.1% more ownership
Funds ownership: 70.34% → 71.45% (+1.1%)
3% less funds holding
Funds holding: 99 → 96 (-3)
20% less first-time investments, than exits
New positions opened: 12 | Existing positions closed: 15
20% less capital invested
Capital invested by funds: $232M → $185M (-$47.6M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GCM
Gruss Capital Management
New York
|
+$2.56M |
| 2 |
Millennium Management
New York
|
+$1.86M |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$871K |
| 4 |
FRM
Fore Research & Management
New York
|
+$721K |
| 5 |
TC
TFS Capital
West Chester,
Pennsylvania
|
+$593K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
-$2.55M |
| 2 |
ZIM
Zacks Investment Management
Chicago,
Illinois
|
-$906K |
| 3 |
CCA
Canyon Capital Advisors
Dallas,
Texas
|
-$799K |
| 4 |
OSAM
O'Shaughnessy Asset Management
Stamford,
Connecticut
|
-$614K |
| 5 |
SAM
Symphony Asset Management
San Francisco,
California
|
-$476K |
CCO Hedge Fund Activity: Q4 2015 in Review
96 of the 3,824 institutional investors tracked by Wall St. Rank reported a position in Clear Channel Outdoor Holdings (CCO) for Q4 2015, worth a combined $185M — down 20% from $232M a quarter earlier.
Sellers outnumbered buyers: 15 funds closed out of CCO and 12 opened new positions — a net loss of 3 holders — while 24 trimmed existing stakes and 35 added.
The largest buyer was Gruss Capital Management, opening a new position worth an estimated $2.56M. The largest seller was Invesco, cutting an estimated $2.55M.
- 96 institutional investors held Clear Channel Outdoor Holdings (CCO) as of Q4 2015, down from 99 in Q3 2015.
- Funds reported $185M of Clear Channel Outdoor Holdings stock for Q4 2015, down 20% quarter-over-quarter.
- 12 funds opened new Clear Channel Outdoor Holdings positions in Q4 2015 and 15 closed out, a net change of -3 holders.
- The largest Clear Channel Outdoor Holdings buyer in Q4 2015 was Gruss Capital Management, an estimated $2.56M added.
- The largest Clear Channel Outdoor Holdings seller in Q4 2015 was Invesco, an estimated $2.55M sold.
Based on aggregated 13F filings for Q4 2015.