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Four Corners Property Trust

247 hedge funds and large institutions have $1.11B invested in Four Corners Property Trust in 2016 Q2 according to their latest regulatory filings, with 34 funds opening new positions, 84 increasing their positions, 83 reducing their positions, and 41 closing their positions.

New
Increased
Maintained
Reduced
Closed

70% more call options, than puts

Call options by funds: $717K | Put options by funds: $421K

20% more capital invested

Capital invested by funds: $921M → $1.11B (+$186M)

3.45% more ownership

Funds ownership: 86.38%89.83% (+3.4%)

1% more repeat investments, than reductions

Existing positions increased: 84 | Existing positions reduced: 83

4% less funds holding

Funds holding: 258247 (-11)

17% less first-time investments, than exits

New positions opened: 34 | Existing positions closed: 41

20% less funds holding in top 10

Funds holding in top 10: 54 (-1)

Holders
247
Holders Change
-11
Holders Change %
-4.26%
% of All Funds
6.59%
Holding in Top 10
4
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-20%
% of All Funds
0.11%
New
34
Increased
84
Reduced
83
Closed
41
Calls
$717K
Puts
$421K
Net Calls
+$296K
Net Calls Change
+$260K
Name Holding Trade Value Shares
Change
Change in
Stake
AllianceBernstein
26
AllianceBernstein
Tennessee
$10.6M +$8.98M +474,517 +1,172%
CRIM
27
Castle Ridge Investment Management
Connecticut
$9.71M -$2.1M -111,003 -19%
Two Sigma Advisers
28
Two Sigma Advisers
New York
$9.23M +$8.48M +448,129 New
Invesco
29
Invesco
Georgia
$9.07M -$908K -47,970 -10%
ESCM
30
Echo Street Capital Management
New York
$8.49M +$7.81M +412,491 New
Geode Capital Management
31
Geode Capital Management
Massachusetts
$8.34M +$982K +51,872 +15%
JP Morgan Chase
32
JP Morgan Chase
New York
$8.13M +$2.26M +119,165 +43%
Goldman Sachs
33
Goldman Sachs
New York
$7.99M -$4.32M -228,392 -37%
Principal Financial Group
34
Principal Financial Group
Iowa
$7.81M -$5.43K -287 -0.1%
DCM
35
Driehaus Capital Management
Illinois
$7.38M +$80.9K +4,276 +1%
SCM
36
Sandler Capital Management
New York
$7.33M -$6.71M -354,460 -50%
EA
37
Emerald Acquisition
Washington
$7.26M +$6.71M +354,632 New
GC
38
Guggenheim Capital
Illinois
$7.17M +$4.77M +252,220 +263%
D.E. Shaw & Co
39
D.E. Shaw & Co
New York
$7.16M +$6.58M +347,498 New
Ameriprise
40
Ameriprise
Minnesota
$6.87M +$79K +4,177 +1%
WBC
41
Westpac Banking Corp
Australia
$6.81M +$229K +12,100 +4%
HCM
42
Hilton Capital Management
New York
$6.53M +$465K +24,567 +8%
CAM
43
Cortina Asset Management
Wisconsin
$6.16M +$913K +48,244 +19%
LSC
44
Lyon Street Capital
California
$6.09M +$2.32M +122,695 +71%
TCIM
45
TIAA CREF Investment Management
New York
$5.57M +$1.74M +92,006 +52%
MHI
46
Miller Howard Investments
New York
$5.5M +$5.05M +266,957 New
BG
47
BlackRock Group
United Kingdom
$5.11M +$464K +24,529 +11%
Norges Bank
48
Norges Bank
Norway
$5.09M -$4.84M -255,856 -51%
CS
49
Credit Suisse
Switzerland
$4.78M +$3.74M +197,523 +572%
State of New Jersey Common Pension Fund D
50
State of New Jersey Common Pension Fund D
New Jersey
$4.56M +$189K +10,000 +5%

FCPT Hedge Fund Activity: Q2 2016 in Review

247 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Four Corners Property Trust (FCPT) for Q2 2016, worth a combined $1.11B — up 20% from $921M a quarter earlier.

Sellers outnumbered buyers: 41 funds closed out of FCPT and 34 opened new positions — a net loss of 7 holders — while 83 trimmed existing stakes and 84 added.

The largest buyer was Prudential Financial, adding an estimated $40.6M. The largest seller was Route One Investment Company, cutting an estimated $51M.

  • 247 institutional investors held Four Corners Property Trust (FCPT) as of Q2 2016, down from 258 in Q1 2016.
  • Funds reported $1.11B of Four Corners Property Trust stock for Q2 2016, up 20% quarter-over-quarter.
  • 34 funds opened new Four Corners Property Trust positions in Q2 2016 and 41 closed out, a net change of -7 holders.
  • The largest Four Corners Property Trust buyer in Q2 2016 was Prudential Financial, an estimated $40.6M added.
  • The largest Four Corners Property Trust seller in Q2 2016 was Route One Investment Company, an estimated $51M sold.

Based on aggregated 13F filings for Q2 2016.