Clear Channel Outdoor Holdings
141 hedge funds and large institutions have $290M invested in Clear Channel Outdoor Holdings in 2020 Q1 according to their latest regulatory filings, with 18 funds opening new positions, 41 increasing their positions, 43 reducing their positions, and 34 closing their positions.
5% less repeat investments, than reductions
Existing positions increased: 41 | Existing positions reduced: 43
1.6% less ownership
Funds ownership: 98.67% → 97.07% (-1.6%)
11% less funds holding
Funds holding: 158 → 141 (-17)
23% less funds holding in top 10
Funds holding in top 10: 13 → 10 (-3)
47% less first-time investments, than exits
New positions opened: 18 | Existing positions closed: 34
78% less capital invested
Capital invested by funds: $1.32B → $290M (-$1.03B)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AM
Ares Management
Los Angeles,
California
|
+$18.8M |
| 2 |
MCM
Mason Capital Management
New York
|
+$15.4M |
| 3 |
RCMNY
Rubric Capital Management (New York)
New York
|
+$14.5M |
| 4 |
BCM
Brigade Capital Management
New York
|
+$14.4M |
| 5 |
SG
Standard General
New York
|
+$9.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citigroup
New York
|
-$38.5M |
| 2 |
HAM
Honeycomb Asset Management
New York
|
-$19.2M |
| 3 |
SVP
Strategic Value Partners
Greenwich,
Connecticut
|
-$17.4M |
| 4 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$15.7M |
| 5 |
MAMNY
Marathon Asset Management (New York)
New York
|
-$7.82M |
CCO Hedge Fund Activity: Q1 2020 in Review
141 of the 4,547 institutional investors tracked by Wall St. Rank reported a position in Clear Channel Outdoor Holdings (CCO) for Q1 2020, worth a combined $290M — down 78% from $1.32B a quarter earlier.
Sellers outnumbered buyers: 34 funds closed out of CCO and 18 opened new positions — a net loss of 16 holders — while 43 trimmed existing stakes and 41 added.
The largest buyer was Ares Management, adding an estimated $18.8M. The largest seller was Citigroup, cutting an estimated $38.5M.
- 141 institutional investors held Clear Channel Outdoor Holdings (CCO) as of Q1 2020, down from 158 in Q4 2019.
- Funds reported $290M of Clear Channel Outdoor Holdings stock for Q1 2020, down 78% quarter-over-quarter.
- 18 funds opened new Clear Channel Outdoor Holdings positions in Q1 2020 and 34 closed out, a net change of -16 holders.
- The largest Clear Channel Outdoor Holdings buyer in Q1 2020 was Ares Management, an estimated $18.8M added.
- The largest Clear Channel Outdoor Holdings seller in Q1 2020 was Citigroup, an estimated $38.5M sold.
Based on aggregated 13F filings for Q1 2020.