Clear Channel Outdoor Holdings
175 hedge funds and large institutions have $493M invested in Clear Channel Outdoor Holdings in 2022 Q2 according to their latest regulatory filings, with 19 funds opening new positions, 63 increasing their positions, 60 reducing their positions, and 32 closing their positions.
90% more call options, than puts
Call options by funds: $271K | Put options by funds: $143K
5% more repeat investments, than reductions
Existing positions increased: 63 | Existing positions reduced: 60
0.15% more ownership
Funds ownership: 96.72% → 96.87% (+0.15%)
8% less funds holding
Funds holding: 191 → 175 (-16)
41% less first-time investments, than exits
New positions opened: 19 | Existing positions closed: 32
50% less funds holding in top 10
Funds holding in top 10: 12 → 6 (-6)
69% less capital invested
Capital invested by funds: $1.58B → $493M (-$1.08B)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPAM
Legion Partners Asset Management
Los Angeles,
California
|
+$8.64M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$7.7M |
| 3 |
PCM
Penn Capital Management
Philadelphia,
Pennsylvania
|
+$7.65M |
| 4 |
Franklin Resources
San Mateo,
California
|
+$6.25M |
| 5 |
ZA
Zazove Associates
Incline Village,
Nevada
|
+$5.29M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DCP
Diameter Capital Partners
New York
|
-$25.9M |
| 2 |
CC
Conversant Capital
Summit,
New Jersey
|
-$6.25M |
| 3 |
Two Sigma Investments
New York
|
-$5.48M |
| 4 |
WP
Woodline Partners
San Francisco,
California
|
-$5.25M |
| 5 |
Norges Bank
Oslo,
Norway
|
-$5.22M |
CCO Hedge Fund Activity: Q2 2022 in Review
175 of the 5,959 institutional investors tracked by Wall St. Rank reported a position in Clear Channel Outdoor Holdings (CCO) for Q2 2022, worth a combined $493M — down 69% from $1.58B a quarter earlier.
Sellers outnumbered buyers: 32 funds closed out of CCO and 19 opened new positions — a net loss of 13 holders — while 60 trimmed existing stakes and 63 added.
The largest buyer was Legion Partners Asset Management, adding an estimated $8.64M. The largest seller was Diameter Capital Partners, exiting entirely with an estimated $25.9M sold.
- 175 institutional investors held Clear Channel Outdoor Holdings (CCO) as of Q2 2022, down from 191 in Q1 2022.
- Funds reported $493M of Clear Channel Outdoor Holdings stock for Q2 2022, down 69% quarter-over-quarter.
- 19 funds opened new Clear Channel Outdoor Holdings positions in Q2 2022 and 32 closed out, a net change of -13 holders.
- The largest Clear Channel Outdoor Holdings buyer in Q2 2022 was Legion Partners Asset Management, an estimated $8.64M added.
- The largest Clear Channel Outdoor Holdings seller in Q2 2022 was Diameter Capital Partners, an estimated $25.9M sold.
Based on aggregated 13F filings for Q2 2022.