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Charter Communications

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.

New
Increased
Maintained
Reduced
Closed

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: 271261 (-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: 4638 (-8)

Holders
261
Holders Change
-10
Holders Change %
-3.69%
% of All Funds
8.46%
Holding in Top 10
38
Holding in Top 10 Change
-8
Holding in Top 10 Change %
-17.39%
% of All Funds
1.23%
New
34
Increased
98
Reduced
106
Closed
40
Calls
$20.7M
Puts
$6.07M
Net Calls
+$14.7M
Net Calls Change
+$22.8M
Name Holding Trade Value Shares
Change
Change in
Stake
MGM
51
Miura Global Management
New York
$49.9M -$3.81M -30,000 -8%
JP Morgan Chase
52
JP Morgan Chase
New York
$48.6M -$731K -5,759 -2%
TCIM
53
TIAA CREF Investment Management
New York
$47.2M +$214K +1,690 +0.5%
Bank of New York Mellon
54
Bank of New York Mellon
New York
$45M +$1.05M +8,239 +3%
SAM
55
Sheffield Asset Management
Illinois
$43.9M -$4.83M -38,100 -10%
Geode Capital Management
56
Geode Capital Management
Massachusetts
$39.1M +$779K +6,139 +2%
Legal & General Group
57
Legal & General Group
United Kingdom
$39.1M -$561K -4,419 -2%
Tiger Global Management
58
Tiger Global Management
New York
$37.7M -$30.3M -239,000 -46%
Thrivent Financial for Lutherans
59
Thrivent Financial for Lutherans
Minnesota
$37.6M -$23M -181,200 -39%
NCA
60
Newbrook Capital Advisors
New York
$37.4M -$99.7K -786 -0.3%
Bank of America
61
Bank of America
North Carolina
$36.9M -$2.74M -21,613 -7%
CCP
62
Clough Capital Partners
Massachusetts
$33.4M +$1.67M +13,200 +6%
JCAM
63
Jericho Capital Asset Management
New York
$32.2M +$30.3M +239,000 New
WEC
64
White Elm Capital
Connecticut
$30.8M +$7.51M +59,200 +35%
VM
65
Valinor Management
New York
$30.7M +$28.9M +227,460 New
Massachusetts Financial Services
66
Massachusetts Financial Services
Massachusetts
$30.2M +$6.39M +50,366 +29%
SCA
67
SAC Capital Advisors
Connecticut
$28M +$24.8M +195,075 +1,542%
FCM
68
Force Capital Management
New York
$27.5M +$11.2M +88,618 +77%
CAM
69
Contour Asset Management
New York
$27M -$20.3M -160,000 -44%
California Public Employees Retirement System
70
California Public Employees Retirement System
California
$24.5M -$1.14M -9,016 -5%
BTP
71
Bloom Tree Partners
New York
$24.4M -$4.4M -34,640 -16%
MCG
72
Meru Capital Group
New York
$23.9M -$12.2M -96,192 -35%
Los Angeles Capital Management
73
Los Angeles Capital Management
California
$23.9M +$961K +7,573 +4%
Credit Agricole
74
Credit Agricole
France
$21.9M +$20.7M +162,783 New
RCM
75
Ratan Capital Management
Florida
$21.9M +$5.02M +39,534 +32%

CHTR Hedge Fund Activity: Q3 2013 in Review

261 of the 3,084 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.