Charter Communications
CHTR
261 hedge funds and large institutions have $10.9B invested in Charter Communications in 2013 Q3 according to their latest regulatory filings, with 34 funds opening new positions, 98 increasing their positions, 106 reducing their positions, and 40 closing their positions.
241% more call options, than puts
Call options by funds: $20.7M | Put options by funds: $6.07M
9% more capital invested
Capital invested by funds: $10.1B → $10.9B (+$882M)
8% less repeat investments, than reductions
Existing positions increased: 98 | Existing positions reduced: 106
4% less funds holding
Funds holding: 271 → 261 (-10)
15% less first-time investments, than exits
New positions opened: 34 | Existing positions closed: 40
17% less funds holding in top 10
Funds holding in top 10: 46 → 38 (-8)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MC
Maverick Capital
Dallas,
Texas
|
+$270M |
| 2 |
Morgan Stanley
New York
|
+$180M |
| 3 |
BRC
Blue Ridge Capital
New York
|
+$172M |
| 4 |
Invesco
Atlanta,
Georgia
|
+$141M |
| 5 |
JP
Jana Partners
New York
|
+$133M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPC
Lone Pine Capital
Greenwich,
Connecticut
|
-$219M |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$140M |
| 3 |
OCM
Oaktree Capital Management
Los Angeles,
California
|
-$135M |
| 4 |
HCM
Hoplite Capital Management
New York
|
-$104M |
| 5 |
WRF
Waddell & Reed Financial
Overland Park,
Kansas
|
-$101M |
CHTR Hedge Fund Activity: Q3 2013 in Review
261 of the 3,085 institutional investors tracked by Wall St. Rank reported a position in Charter Communications (CHTR) for Q3 2013, worth a combined $10.9B — up 8.8% from $10.1B a quarter earlier.
Sellers outnumbered buyers: 40 funds closed out of CHTR and 34 opened new positions — a net loss of 6 holders — while 106 trimmed existing stakes and 98 added.
The largest buyer was Maverick Capital, opening a new position worth an estimated $270M. The largest seller was Lone Pine Capital, cutting an estimated $219M.
- 261 institutional investors held Charter Communications (CHTR) as of Q3 2013, down from 271 in Q2 2013.
- Funds reported $10.9B of Charter Communications stock for Q3 2013, up 8.8% quarter-over-quarter.
- 34 funds opened new Charter Communications positions in Q3 2013 and 40 closed out, a net change of -6 holders.
- The largest Charter Communications buyer in Q3 2013 was Maverick Capital, an estimated $270M added.
- The largest Charter Communications seller in Q3 2013 was Lone Pine Capital, an estimated $219M sold.
Based on aggregated 13F filings for Q3 2013.