Four Corners Property Trust
FCPT
253 hedge funds and large institutions have $1.66B invested in Four Corners Property Trust in 2020 Q2 according to their latest regulatory filings, with 31 funds opening new positions, 75 increasing their positions, 78 reducing their positions, and 30 closing their positions.
33% more capital invested
Capital invested by funds: $1.24B → $1.66B (+$413M)
10% more call options, than puts
Call options by funds: $550K | Put options by funds: $500K
1.63% more ownership
Funds ownership: 94.61% → 96.25% (+1.6%)
3% more first-time investments, than exits
New positions opened: 31 | Existing positions closed: 30
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0% less funds holding
Funds holding: 254 → 253 (-1)
4% less repeat investments, than reductions
Existing positions increased: 75 | Existing positions reduced: 78
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$52.7M |
| 2 |
BC
Brookfield Corp
Toronto,
Ontario, Canada
|
+$50.9M |
| 3 |
State Street
Boston,
Massachusetts
|
+$18.3M |
| 4 |
American Century Companies
Kansas City,
Missouri
|
+$15.9M |
| 5 |
Prudential Financial
Newark,
New Jersey
|
+$12.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Cohen & Steers
New York
|
-$46.4M |
| 2 |
Invesco
Atlanta,
Georgia
|
-$29.5M |
| 3 |
HRES
Heitman Real Estate Securities
Chicago,
Illinois
|
-$15.3M |
| 4 |
WCP
Waterfront Capital Partners
New York
|
-$8.07M |
| 5 |
CIC
Crawford Investment Counsel
Atlanta,
Georgia
|
-$6.94M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
WCG
276
Weaver Consulting Group
Huntington Beach,
California
| – | -$1K | -46 | Closed |
|
277
Federated Hermes
Pittsburgh,
Pennsylvania
| – | -$1K | -18 | Closed |
|
|
OSAM
278
O'Shaughnessy Asset Management
Stamford,
Connecticut
| – | +$43 | +2 | New |
|
FCPT Hedge Fund Activity: Q2 2020 in Review
253 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in Four Corners Property Trust (FCPT) for Q2 2020, worth a combined $1.66B — up 33% from $1.24B a quarter earlier.
Buyers outnumbered sellers: 31 funds opened new FCPT positions and 30 closed out — a net gain of 1 holder — while 75 added to existing stakes and 78 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $52.7M. The largest seller was Cohen & Steers, cutting an estimated $46.4M.
- 253 institutional investors held Four Corners Property Trust (FCPT) as of Q2 2020, down from 254 in Q1 2020.
- Funds reported $1.66B of Four Corners Property Trust stock for Q2 2020, up 33% quarter-over-quarter.
- 31 funds opened new Four Corners Property Trust positions in Q2 2020 and 30 closed out, a net change of +1 holder.
- The largest Four Corners Property Trust buyer in Q2 2020 was Fidelity Investments, an estimated $52.7M added.
- The largest Four Corners Property Trust seller in Q2 2020 was Cohen & Steers, an estimated $46.4M sold.
Based on aggregated 13F filings for Q2 2020.