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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
New York State Teachers Retirement System (NYSTRS)
51
New York State Teachers Retirement System (NYSTRS)
New York
$4.5M +$513K +27,100 +14%
Morgan Stanley
52
Morgan Stanley
New York
$4.47M -$12.1M -639,879 -75%
OAM
53
Oxford Asset Management
United Kingdom
$4.32M -$1.92M -101,370 -33%
PAM
54
Panagora Asset Management
Massachusetts
$4.22M +$3.66M +193,536 +1,657%
Charles Schwab
55
Charles Schwab
California
$4.07M +$1.83M +96,649 +96%
SV
56
Starboard Value
New York
$3.83M -$43.1M -2,275,000 -92%
CC
57
Cipher Capital
New York
$3.7M +$3.21M +169,651 +1,668%
BIM
58
BlackRock Investment Management
Delaware
$3.6M +$2.48M +131,046 +301%
AWCI
59
Alpine Woods Capital Investors
New York
$3.57M -$7.24M -382,500 -69%
PPA
60
Parametric Portfolio Associates
Washington
$3.28M +$1.65M +86,935 +120%
Dimensional Fund Advisors
61
Dimensional Fund Advisors
Texas
$3.27M +$1.68M +88,839 +127%
SCA
62
Secor Capital Advisors
New York
$3.17M +$2.92M +154,152 New
EI
63
EAM Investors
California
$2.79M +$103K +5,426 +4%
California Public Employees Retirement System
64
California Public Employees Retirement System
California
$2.64M +$58.4K +3,084 +2%
California State Teachers Retirement System (CalSTRS)
65
California State Teachers Retirement System (CalSTRS)
California
$2.61M -$63.1K -3,334 -3%
CCM
66
Cupps Capital Management
Illinois
$2.51M +$2.31M +121,995 New
Neuberger Berman Group
67
Neuberger Berman Group
New York
$2.5M -$526K -27,779 -19%
PP
68
Prospector Partners
Connecticut
$2.38M -$1.89K -100 -0.1%
Asset Management One
69
Asset Management One
Japan
$2.37M -$32.2K -1,700 -1%
Legal & General Group
70
Legal & General Group
United Kingdom
$2.34M -$2.2M -116,011 -50%
Bank of Montreal
71
Bank of Montreal
Ontario, Canada
$2.32M +$1.49M +78,647 +232%
AI
72
Analytic Investors
California
$2.22M +$2.04M +107,973 New
FQ
73
First Quadrant
California
$2.21M
AIMCA
74
Alberta Investment Management Corp (AIMCo)
Alberta, Canada
$2.06M +$1.89M +100,000 New
Swiss National Bank
75
Swiss National Bank
Switzerland
$1.92M -$136K -7,200 -7%

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.