Four Corners Property Trust
FCPT
256 hedge funds and large institutions have $1.79B invested in Four Corners Property Trust in 2019 Q3 according to their latest regulatory filings, with 22 funds opening new positions, 84 increasing their positions, 70 reducing their positions, and 31 closing their positions.
2,000% more call options, than puts
Call options by funds: $42K | Put options by funds: $2K
20% more repeat investments, than reductions
Existing positions increased: 84 | Existing positions reduced: 70
3% more capital invested
Capital invested by funds: $1.74B → $1.79B (+$53.3M)
0.41% less ownership
Funds ownership: 92.8% → 92.39% (-0.41%)
4% less funds holding
Funds holding: 266 → 256 (-10)
29% less first-time investments, than exits
New positions opened: 22 | Existing positions closed: 31
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ICOM
Investment Counselors of Maryland
Baltimore,
Maryland
|
+$18.4M |
| 2 |
MFIMFI
Mesirow Financial Investment Management - Fixed Income
Chicago,
Illinois
|
+$7.3M |
| 3 |
Stifel Financial
St. Louis,
Missouri
|
+$7.23M |
| 4 |
MWNA
Marshall Wace North America
New York
|
+$6.76M |
| 5 |
WCP
Waterfront Capital Partners
New York
|
+$6.72M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Cohen & Steers
New York
|
-$28.2M |
| 2 |
N
Nuveen
Charlotte,
North Carolina
|
-$17.6M |
| 3 |
CIMLRA
CBRE Investment Management Listed Real Assets
Radnor,
Pennsylvania
|
-$10M |
| 4 |
Millennium Management
New York
|
-$9.39M |
| 5 |
HRES
Heitman Real Estate Securities
Chicago,
Illinois
|
-$5.64M |
FCPT Hedge Fund Activity: Q3 2019 in Review
256 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in Four Corners Property Trust (FCPT) for Q3 2019, worth a combined $1.79B — up 3.1% from $1.74B a quarter earlier.
Sellers outnumbered buyers: 31 funds closed out of FCPT and 22 opened new positions — a net loss of 9 holders — while 70 trimmed existing stakes and 84 added.
The largest buyer was Investment Counselors of Maryland, opening a new position worth an estimated $18.4M. The largest seller was Cohen & Steers, cutting an estimated $28.2M.
- 256 institutional investors held Four Corners Property Trust (FCPT) as of Q3 2019, down from 266 in Q2 2019.
- Funds reported $1.79B of Four Corners Property Trust stock for Q3 2019, up 3.1% quarter-over-quarter.
- 22 funds opened new Four Corners Property Trust positions in Q3 2019 and 31 closed out, a net change of -9 holders.
- The largest Four Corners Property Trust buyer in Q3 2019 was Investment Counselors of Maryland, an estimated $18.4M added.
- The largest Four Corners Property Trust seller in Q3 2019 was Cohen & Steers, an estimated $28.2M sold.
Based on aggregated 13F filings for Q3 2019.