Four Corners Property Trust
FCPT
217 hedge funds and large institutions have $1.34B invested in Four Corners Property Trust in 2017 Q3 according to their latest regulatory filings, with 21 funds opening new positions, 79 increasing their positions, 61 reducing their positions, and 22 closing their positions.
3,743% more call options, than puts
Call options by funds: $269K | Put options by funds: $7K
30% more repeat investments, than reductions
Existing positions increased: 79 | Existing positions reduced: 61
2% less capital invested
Capital invested by funds: $1.37B → $1.34B (-$28.3M)
5% less first-time investments, than exits
New positions opened: 21 | Existing positions closed: 22
2% less funds holding
Funds holding: 221 → 217 (-4)
2.92% less ownership
Funds ownership: 90.84% → 87.93% (-2.9%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Cohen & Steers
New York
|
+$12.7M |
| 2 |
BlackRock
New York
|
+$9.85M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
+$9.81M |
| 4 |
Balyasny Asset Management
Chicago,
Illinois
|
+$6.68M |
| 5 |
Goldman Sachs
New York
|
+$6.61M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$29.1M |
| 2 |
Russell Investments Group
London,
United Kingdom
|
-$15.8M |
| 3 |
Millennium Management
New York
|
-$15.1M |
| 4 |
MHI
Miller Howard Investments
Kingston,
New York
|
-$5.64M |
| 5 |
PCM
Peregrine Capital Management
Minneapolis,
Minnesota
|
-$4.64M |
FCPT Hedge Fund Activity: Q3 2017 in Review
217 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Four Corners Property Trust (FCPT) for Q3 2017, worth a combined $1.34B — down 2.1% from $1.37B a quarter earlier.
Sellers outnumbered buyers: 22 funds closed out of FCPT and 21 opened new positions — a net loss of 1 holder — while 61 trimmed existing stakes and 79 added.
The largest buyer was Cohen & Steers, adding an estimated $12.7M. The largest seller was Deutsche Bank, cutting an estimated $29.1M.
- 217 institutional investors held Four Corners Property Trust (FCPT) as of Q3 2017, down from 221 in Q2 2017.
- Funds reported $1.34B of Four Corners Property Trust stock for Q3 2017, down 2.1% quarter-over-quarter.
- 21 funds opened new Four Corners Property Trust positions in Q3 2017 and 22 closed out, a net change of -1 holder.
- The largest Four Corners Property Trust buyer in Q3 2017 was Cohen & Steers, an estimated $12.7M added.
- The largest Four Corners Property Trust seller in Q3 2017 was Deutsche Bank, an estimated $29.1M sold.
Based on aggregated 13F filings for Q3 2017.