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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.

New
Increased
Maintained
Reduced
Closed

59% more capital invested

Capital invested by funds: $290M → $462M (+$172M)

10% more funds holding in top 10

Funds holding in top 10: 1011 (+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: 141126 (-15)

44% less first-time investments, than exits

New positions opened: 18 | Existing positions closed: 32

Holders
126
Holders Change
-15
Holders Change %
-10.64%
% of All Funds
2.58%
Holding in Top 10
11
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+10%
% of All Funds
0.23%
New
18
Increased
36
Reduced
38
Closed
32
Calls
$81K
Puts
Net Calls
+$81K
Net Calls Change
+$81K
Name Holding Trade Value Shares
Change
Change in
Stake
Allianz Asset Management
1
Allianz Asset Management
Germany
$109M -$1.76K -1,877 -0%
AM
2
Ares Management
California
$32.9M +$10.4M +11,030,000 +53%
Vanguard Group
3
Vanguard Group
Pennsylvania
$32.9M -$577K -613,456 -2%
MCM
4
Mason Capital Management
New York
$31.7M
DKCM
5
Davidson Kempner Capital Management
New York
$19.6M
BCM
6
Brigade Capital Management
New York
$19.4M +$4.11M +4,367,620 +30%
D.E. Shaw & Co
7
D.E. Shaw & Co
New York
$18.3M -$49.5K -52,674 -0.3%
Franklin Resources
8
Franklin Resources
California
$16.6M
BlackRock
9
BlackRock
New York
$15.6M -$2.11M -2,248,665 -13%
ISSM
10
Invesco Senior Secured Management
New York
$13.2M -$2.59M -2,755,188 -18%
RCMNY
11
Rubric Capital Management (New York)
New York
$10.7M +$264K +280,599 +3%
Fidelity Investments
12
Fidelity Investments
Massachusetts
$10.1M -$1.57M -1,667,883 -15%
SG
13
Standard General
New York
$9.16M +$4.25M +4,526,596 +106%
SAM
14
Symphony Asset Management
California
$8.43M
JP Morgan Chase
15
JP Morgan Chase
New York
$8.29M -$212K -225,254 -3%
Pacer Advisors
16
Pacer Advisors
Pennsylvania
$7.91M +$2.34M +2,488,858 +49%
EVM
17
Eaton Vance Management
Massachusetts
$6.17M +$132K +140,938 +2%
CCM
18
Contrarian Capital Management
Connecticut
$5.98M +$470K +500,000 +10%
Loomis, Sayles & Company
19
Loomis, Sayles & Company
Massachusetts
$5.86M -$29.2K -31,043 -0.5%
BHMP
20
Bardin Hill Management Partners
New York
$5.29M +$2.58M +2,749,050 +118%
GI
21
GAMCO Investors
Connecticut
$5.07M -$373K -396,300 -8%
Neuberger Berman Group
22
Neuberger Berman Group
New York
$4.87M
WA
23
Whitebox Advisors
Minnesota
$4.45M -$2.34M -2,492,499 -37%
GF
24
Gabelli Funds
New York
$3.75M -$103K -109,827 -3%
ACM
25
Abrams Capital Management
Massachusetts
$3.49M

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.