Four Corners Property Trust
FCPT
221 hedge funds and large institutions have $1.37B invested in Four Corners Property Trust in 2017 Q2 according to their latest regulatory filings, with 16 funds opening new positions, 74 increasing their positions, 76 reducing their positions, and 22 closing their positions.
149% more call options, than puts
Call options by funds: $780K | Put options by funds: $313K
13% more capital invested
Capital invested by funds: $1.21B → $1.37B (+$159M)
2.41% more ownership
Funds ownership: 88.44% → 90.84% (+2.4%)
3% less repeat investments, than reductions
Existing positions increased: 74 | Existing positions reduced: 76
3% less funds holding
Funds holding: 229 → 221 (-8)
27% less first-time investments, than exits
New positions opened: 16 | Existing positions closed: 22
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$54.9M |
| 2 |
Cohen & Steers
New York
|
+$20.9M |
| 3 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$18.4M |
| 4 |
AQR Capital Management
Greenwich,
Connecticut
|
+$9.98M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$5.69M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$13.4M |
| 2 |
CRIM
Castle Ridge Investment Management
Greenwich,
Connecticut
|
-$11.6M |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$11M |
| 4 |
Westfield Capital Management
Boston,
Massachusetts
|
-$9.44M |
| 5 |
DCM
Driehaus Capital Management
Chicago,
Illinois
|
-$5.49M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
226
Capital Fund Management (CFM)
Paris,
France
| – | -$865K | -37,900 | Closed |
|
|
GCP
227
GSA Capital Partners
London,
United Kingdom
| – | -$831K | -36,400 | Closed |
|
228
Squarepoint
New York
| – | -$777K | -34,017 | Closed |
|
|
SCA
229
Secor Capital Advisors
New York
| – | -$662K | -28,986 | Closed |
|
230
KBC Group
Brussels,
Belgium
| – | -$584K | -25,594 | Closed |
|
|
MAM
231
Martingale Asset Management
Boston,
Massachusetts
| – | -$358K | -15,644 | Closed |
|
232
Arrowstreet Capital
Boston,
Massachusetts
| – | -$357K | -15,631 | Closed |
|
|
FAF
233
Första AP-fonden
Stockholm,
Sweden
| – | -$160K | -7,000 | Closed |
|
|
SF
234
Synovus Financial
Columbus,
Georgia
| – | -$132K | -5,793 | Closed |
|
|
NIT
235
NumerixS Investment Technologies
Vancouver,
British Columbia, Canada
| – | -$48K | -2,100 | Closed |
|
|
CCM
236
Cohen Capital Management
Corte Madera,
California
| – | -$4K | -158 | Closed |
|
|
PCA
237
Peddock Capital Advisors
Braintree,
Massachusetts
| – | -$2K | -88 | Closed |
|
|
WTB
238
Washington Trust Bank
Spokane,
Washington
| – | -$1K | -36 | Closed |
|
FCPT Hedge Fund Activity: Q2 2017 in Review
221 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Four Corners Property Trust (FCPT) for Q2 2017, worth a combined $1.37B — up 13% from $1.21B a quarter earlier.
Sellers outnumbered buyers: 22 funds closed out of FCPT and 16 opened new positions — a net loss of 6 holders — while 76 trimmed existing stakes and 74 added.
The largest buyer was Fidelity Investments, adding an estimated $54.9M. The largest seller was Millennium Management, cutting an estimated $13.4M.
- 221 institutional investors held Four Corners Property Trust (FCPT) as of Q2 2017, down from 229 in Q1 2017.
- Funds reported $1.37B of Four Corners Property Trust stock for Q2 2017, up 13% quarter-over-quarter.
- 16 funds opened new Four Corners Property Trust positions in Q2 2017 and 22 closed out, a net change of -6 holders.
- The largest Four Corners Property Trust buyer in Q2 2017 was Fidelity Investments, an estimated $54.9M added.
- The largest Four Corners Property Trust seller in Q2 2017 was Millennium Management, an estimated $13.4M sold.
Based on aggregated 13F filings for Q2 2017.