Clear Channel Outdoor Holdings
131 hedge funds and large institutions have $437M invested in Clear Channel Outdoor Holdings in 2020 Q3 according to their latest regulatory filings, with 21 funds opening new positions, 39 increasing their positions, 32 reducing their positions, and 15 closing their positions.
40% more first-time investments, than exits
New positions opened: 21 | Existing positions closed: 15
22% more repeat investments, than reductions
Existing positions increased: 39 | Existing positions reduced: 32
4% more funds holding
Funds holding: 126 → 131 (+5)
2.35% less ownership
Funds ownership: 95.47% → 93.12% (-2.4%)
5% less capital invested
Capital invested by funds: $462M → $437M (-$24.6M)
18% less funds holding in top 10
Funds holding in top 10: 11 → 9 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Nuveen
Charlotte,
North Carolina
|
+$8.53M |
| 2 |
MCM
Mason Capital Management
New York
|
+$5.79M |
| 3 |
AM
Ares Management
Los Angeles,
California
|
+$3.22M |
| 4 |
LCM
Lonestar Capital Management
San Francisco,
California
|
+$2.58M |
| 5 |
Hudson Bay Capital Management
Stamford,
Connecticut
|
+$1.24M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$9.93M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
-$5.27M |
| 3 |
Pacer Advisors
Malvern,
Pennsylvania
|
-$4.6M |
| 4 |
SAAM
Solus Alternative Asset Management
Summit,
New Jersey
|
-$2.56M |
| 5 |
OCM
Oaktree Capital Management
Los Angeles,
California
|
-$1.75M |
CCO Hedge Fund Activity: Q3 2020 in Review
131 of the 4,970 institutional investors tracked by Wall St. Rank reported a position in Clear Channel Outdoor Holdings (CCO) for Q3 2020, worth a combined $437M — down 5.3% from $462M a quarter earlier.
Buyers outnumbered sellers: 21 funds opened new CCO positions and 15 closed out — a net gain of 6 holders — while 39 added to existing stakes and 32 trimmed.
The largest buyer was Nuveen, adding an estimated $8.53M. The largest seller was Fidelity Investments, cutting an estimated $9.93M.
- 131 institutional investors held Clear Channel Outdoor Holdings (CCO) as of Q3 2020, up from 126 in Q2 2020.
- Funds reported $437M of Clear Channel Outdoor Holdings stock for Q3 2020, down 5.3% quarter-over-quarter.
- 21 funds opened new Clear Channel Outdoor Holdings positions in Q3 2020 and 15 closed out, a net change of +6 holders.
- The largest Clear Channel Outdoor Holdings buyer in Q3 2020 was Nuveen, an estimated $8.53M added.
- The largest Clear Channel Outdoor Holdings seller in Q3 2020 was Fidelity Investments, an estimated $9.93M sold.
Based on aggregated 13F filings for Q3 2020.