Four Corners Property Trust
FCPT
234 hedge funds and large institutions have $1.27B invested in Four Corners Property Trust in 2018 Q1 according to their latest regulatory filings, with 34 funds opening new positions, 85 increasing their positions, 57 reducing their positions, and 31 closing their positions.
49% more repeat investments, than reductions
Existing positions increased: 85 | Existing positions reduced: 57
1.17% more ownership
Funds ownership: 88.31% → 89.48% (+1.2%)
10% more first-time investments, than exits
New positions opened: 34 | Existing positions closed: 31
1% more funds holding
Funds holding: 232 → 234 (+2)
9% less capital invested
Capital invested by funds: $1.39B → $1.27B (-$119M)
77% less call options, than puts
Call options by funds: $55K | Put options by funds: $240K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
+$18M |
| 2 |
HRES
Heitman Real Estate Securities
Chicago,
Illinois
|
+$15.9M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
+$11.5M |
| 4 |
Millennium Management
New York
|
+$6.33M |
| 5 |
WBC
Westpac Banking Corp
Sydney,
Australia
|
+$5.36M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$14.5M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
-$12.8M |
| 3 |
HCM
Hilton Capital Management
Garden City,
New York
|
-$12.7M |
| 4 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$4.87M |
| 5 |
Goldman Sachs
New York
|
-$3.72M |
FCPT Hedge Fund Activity: Q1 2018 in Review
234 of the 4,364 institutional investors tracked by Wall St. Rank reported a position in Four Corners Property Trust (FCPT) for Q1 2018, worth a combined $1.27B — down 8.5% from $1.39B a quarter earlier.
Buyers outnumbered sellers: 34 funds opened new FCPT positions and 31 closed out — a net gain of 3 holders — while 85 added to existing stakes and 57 trimmed.
The largest buyer was Wells Fargo, adding an estimated $18M. The largest seller was Deutsche Bank, cutting an estimated $14.5M.
- 234 institutional investors held Four Corners Property Trust (FCPT) as of Q1 2018, up from 232 in Q4 2017.
- Funds reported $1.27B of Four Corners Property Trust stock for Q1 2018, down 8.5% quarter-over-quarter.
- 34 funds opened new Four Corners Property Trust positions in Q1 2018 and 31 closed out, a net change of +3 holders.
- The largest Four Corners Property Trust buyer in Q1 2018 was Wells Fargo, an estimated $18M added.
- The largest Four Corners Property Trust seller in Q1 2018 was Deutsche Bank, an estimated $14.5M sold.
Based on aggregated 13F filings for Q1 2018.