Four Corners Property Trust
FCPT
229 hedge funds and large institutions have $1.21B invested in Four Corners Property Trust in 2017 Q1 according to their latest regulatory filings, with 21 funds opening new positions, 87 increasing their positions, 71 reducing their positions, and 35 closing their positions.
17,743% more call options, than puts
Call options by funds: $1.25M | Put options by funds: $7K
23% more repeat investments, than reductions
Existing positions increased: 87 | Existing positions reduced: 71
13% more capital invested
Capital invested by funds: $1.07B → $1.21B (+$143M)
1.52% more ownership
Funds ownership: 86.91% → 88.44% (+1.5%)
8% less funds holding
Funds holding: 250 → 229 (-21)
40% less first-time investments, than exits
New positions opened: 21 | Existing positions closed: 35
75% less funds holding in top 10
Funds holding in top 10: 4 → 1 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$187M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$16.5M |
| 3 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$14.5M |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
+$10.7M |
| 5 |
Citadel Advisors
Miami,
Florida
|
+$9.15M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VCM
V3 Capital Management
Dallas,
Texas
|
-$39.7M |
| 2 |
HRES
Heitman Real Estate Securities
Chicago,
Illinois
|
-$25.8M |
| 3 |
WCP
Waterfront Capital Partners
New York
|
-$21.7M |
| 4 |
Prudential Financial
Newark,
New Jersey
|
-$19.9M |
| 5 |
Millennium Management
New York
|
-$13.5M |
FCPT Hedge Fund Activity: Q1 2017 in Review
229 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in Four Corners Property Trust (FCPT) for Q1 2017, worth a combined $1.21B — up 13% from $1.07B a quarter earlier.
Sellers outnumbered buyers: 35 funds closed out of FCPT and 21 opened new positions — a net loss of 14 holders — while 71 trimmed existing stakes and 87 added.
The largest buyer was BlackRock, adding an estimated $187M. The largest seller was V3 Capital Management, exiting entirely with an estimated $39.7M sold.
- 229 institutional investors held Four Corners Property Trust (FCPT) as of Q1 2017, down from 250 in Q4 2016.
- Funds reported $1.21B of Four Corners Property Trust stock for Q1 2017, up 13% quarter-over-quarter.
- 21 funds opened new Four Corners Property Trust positions in Q1 2017 and 35 closed out, a net change of -14 holders.
- The largest Four Corners Property Trust buyer in Q1 2017 was BlackRock, an estimated $187M added.
- The largest Four Corners Property Trust seller in Q1 2017 was V3 Capital Management, an estimated $39.7M sold.
Based on aggregated 13F filings for Q1 2017.