Four Corners Property Trust
FCPT
243 hedge funds and large institutions have $1.74B invested in Four Corners Property Trust in 2020 Q3 according to their latest regulatory filings, with 27 funds opening new positions, 65 increasing their positions, 73 reducing their positions, and 35 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
15% more call options, than puts
Call options by funds: $502K | Put options by funds: $437K
5% more capital invested
Capital invested by funds: $1.66B → $1.74B (+$81.3M)
0.2% more ownership
Funds ownership: 96.21% → 96.41% (+0.2%)
4% less funds holding
Funds holding: 253 → 243 (-10)
11% less repeat investments, than reductions
Existing positions increased: 65 | Existing positions reduced: 73
23% less first-time investments, than exits
New positions opened: 27 | Existing positions closed: 35
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$40.5M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
+$12.5M |
| 3 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$11.9M |
| 4 |
HCM
Hilton Capital Management
Garden City,
New York
|
+$10.7M |
| 5 |
DCP
Diameter Capital Partners
New York
|
+$9.27M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Prudential Financial
Newark,
New Jersey
|
-$25.5M |
| 2 |
Daiwa Securities Group
Tokyo,
Japan
|
-$23.4M |
| 3 |
BC
Brookfield Corp
Toronto,
Ontario, Canada
|
-$16.7M |
| 4 |
WCP
Waterfront Capital Partners
New York
|
-$16.1M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
-$7.55M |
FCPT Hedge Fund Activity: Q3 2020 in Review
243 of the 4,970 institutional investors tracked by Wall St. Rank reported a position in Four Corners Property Trust (FCPT) for Q3 2020, worth a combined $1.74B — up 4.9% from $1.66B a quarter earlier.
Sellers outnumbered buyers: 35 funds closed out of FCPT and 27 opened new positions — a net loss of 8 holders — while 73 trimmed existing stakes and 65 added.
The largest buyer was Fidelity Investments, adding an estimated $40.5M. The largest seller was Prudential Financial, cutting an estimated $25.5M.
- 243 institutional investors held Four Corners Property Trust (FCPT) as of Q3 2020, down from 253 in Q2 2020.
- Funds reported $1.74B of Four Corners Property Trust stock for Q3 2020, up 4.9% quarter-over-quarter.
- 27 funds opened new Four Corners Property Trust positions in Q3 2020 and 35 closed out, a net change of -8 holders.
- The largest Four Corners Property Trust buyer in Q3 2020 was Fidelity Investments, an estimated $40.5M added.
- The largest Four Corners Property Trust seller in Q3 2020 was Prudential Financial, an estimated $25.5M sold.
Based on aggregated 13F filings for Q3 2020.