Four Corners Property Trust
FCPT
254 hedge funds and large institutions have $1.24B invested in Four Corners Property Trust in 2020 Q1 according to their latest regulatory filings, with 32 funds opening new positions, 78 increasing their positions, 73 reducing their positions, and 37 closing their positions.
107% more call options, than puts
Call options by funds: $428K | Put options by funds: $207K
2.67% more ownership
Funds ownership: 91.94% → 94.61% (+2.7%)
7% more repeat investments, than reductions
Existing positions increased: 78 | Existing positions reduced: 73
3% less funds holding
Funds holding: 261 → 254 (-7)
14% less first-time investments, than exits
New positions opened: 32 | Existing positions closed: 37
30% less capital invested
Capital invested by funds: $1.79B → $1.24B (-$543M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BPSG
Brookfield Public Securities Group
New York
|
+$74.9M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$22.7M |
| 3 |
WCP
Waterfront Capital Partners
New York
|
+$21.6M |
| 4 |
Prudential Financial
Newark,
New Jersey
|
+$11.1M |
| 5 |
Victory Capital Management
San Antonio,
Texas
|
+$10.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
-$30.6M |
| 2 |
WMSA
Weiss Multi-Strategy Advisers
New York
|
-$26.9M |
| 3 |
N
Nuveen
Charlotte,
North Carolina
|
-$25.7M |
| 4 |
ESCM
Echo Street Capital Management
New York
|
-$13.4M |
| 5 |
Balyasny Asset Management
Chicago,
Illinois
|
-$11.8M |
FCPT Hedge Fund Activity: Q1 2020 in Review
254 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in Four Corners Property Trust (FCPT) for Q1 2020, worth a combined $1.24B — down 30% from $1.79B a quarter earlier.
Sellers outnumbered buyers: 37 funds closed out of FCPT and 32 opened new positions — a net loss of 5 holders — while 73 trimmed existing stakes and 78 added.
The largest buyer was Brookfield Public Securities Group, opening a new position worth an estimated $74.9M. The largest seller was Invesco, cutting an estimated $30.6M.
- 254 institutional investors held Four Corners Property Trust (FCPT) as of Q1 2020, down from 261 in Q4 2019.
- Funds reported $1.24B of Four Corners Property Trust stock for Q1 2020, down 30% quarter-over-quarter.
- 32 funds opened new Four Corners Property Trust positions in Q1 2020 and 37 closed out, a net change of -5 holders.
- The largest Four Corners Property Trust buyer in Q1 2020 was Brookfield Public Securities Group, an estimated $74.9M added.
- The largest Four Corners Property Trust seller in Q1 2020 was Invesco, an estimated $30.6M sold.
Based on aggregated 13F filings for Q1 2020.