Four Corners Property Trust
FCPT
242 hedge funds and large institutions have $1.1B invested in Four Corners Property Trust in 2016 Q3 according to their latest regulatory filings, with 30 funds opening new positions, 83 increasing their positions, 69 reducing their positions, and 32 closing their positions.
118% more call options, than puts
Call options by funds: $579K | Put options by funds: $265K
20% more repeat investments, than reductions
Existing positions increased: 83 | Existing positions reduced: 69
0% more funds holding in top 10
Funds holding in top 10: 4 → 4 (0)
1% less capital invested
Capital invested by funds: $1.11B → $1.1B (-$11M)
6% less first-time investments, than exits
New positions opened: 30 | Existing positions closed: 32
2% less funds holding
Funds holding: 247 → 242 (-5)
3.2% less ownership
Funds ownership: 89.83% → 86.63% (-3.2%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Cohen & Steers
New York
|
+$23.1M |
| 2 |
Millennium Management
New York
|
+$18.7M |
| 3 |
Prudential Financial
Newark,
New Jersey
|
+$9.27M |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$7.23M |
| 5 |
Norges Bank
Oslo,
Norway
|
+$4.82M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ROIC
Route One Investment Company
San Francisco,
California
|
-$42M |
| 2 |
Wells Fargo
San Francisco,
California
|
-$10.9M |
| 3 |
Citigroup
New York
|
-$8.67M |
| 4 |
ESCM
Echo Street Capital Management
New York
|
-$8.49M |
| 5 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$7.72M |
FCPT Hedge Fund Activity: Q3 2016 in Review
242 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Four Corners Property Trust (FCPT) for Q3 2016, worth a combined $1.1B — down 0.99% from $1.11B a quarter earlier.
Sellers outnumbered buyers: 32 funds closed out of FCPT and 30 opened new positions — a net loss of 2 holders — while 69 trimmed existing stakes and 83 added.
The largest buyer was Cohen & Steers, adding an estimated $23.1M. The largest seller was Route One Investment Company, exiting entirely with an estimated $42M sold.
- 242 institutional investors held Four Corners Property Trust (FCPT) as of Q3 2016, down from 247 in Q2 2016.
- Funds reported $1.1B of Four Corners Property Trust stock for Q3 2016, down 0.99% quarter-over-quarter.
- 30 funds opened new Four Corners Property Trust positions in Q3 2016 and 32 closed out, a net change of -2 holders.
- The largest Four Corners Property Trust buyer in Q3 2016 was Cohen & Steers, an estimated $23.1M added.
- The largest Four Corners Property Trust seller in Q3 2016 was Route One Investment Company, an estimated $42M sold.
Based on aggregated 13F filings for Q3 2016.