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Four Corners Property Trust

256 hedge funds and large institutions have $2.09B invested in Four Corners Property Trust in 2020 Q4 according to their latest regulatory filings, with 36 funds opening new positions, 84 increasing their positions, 66 reducing their positions, and 22 closing their positions.

New
Increased
Maintained
Reduced
Closed

64% more first-time investments, than exits

New positions opened: 36 | Existing positions closed: 22

27% more repeat investments, than reductions

Existing positions increased: 84 | Existing positions reduced: 66

22% more capital invested

Capital invested by funds: $1.72B → $2.09B (+$372M)

5% more funds holding

Funds holding: 243256 (+13)

0% more funds holding in top 10

Funds holding in top 10: 22 (0)

0.84% less ownership

Funds ownership: 96.44%95.6% (-0.84%)

28% less call options, than puts

Call options by funds: $880K | Put options by funds: $1.22M

Holders
256
Holders Change
+13
Holders Change %
+5.35%
% of All Funds
4.53%
Holding in Top 10
2
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.04%
New
36
Increased
84
Reduced
66
Closed
22
Calls
$880K
Puts
$1.22M
Net Calls
-$336K
Net Calls Change
-$401K
Name Holding Trade Value Shares
Change
Change in
Stake
BlackRock
1
BlackRock
New York
$425M +$31.2M +1,114,408 +8%
Fidelity Investments
2
Fidelity Investments
Massachusetts
$287M -$6.69M -238,853 -2%
Vanguard Group
3
Vanguard Group
Pennsylvania
$249M +$8.75M +312,177 +4%
State Street
4
State Street
Massachusetts
$109M +$2.51M +89,512 +3%
Principal Financial Group
5
Principal Financial Group
Iowa
$58.8M -$5.2M -185,563 -9%
Invesco
6
Invesco
Georgia
$52.4M +$5.16M +184,220 +12%
BC
7
Brookfield Corp
Ontario, Canada
$48.7M -$1.72M -61,223 -4%
Wells Fargo
8
Wells Fargo
California
$44.3M -$3.36M -119,918 -7%
Geode Capital Management
9
Geode Capital Management
Massachusetts
$40.9M +$757K +27,016 +2%
Northern Trust
10
Northern Trust
Illinois
$36.9M +$386K +13,783 +1%
Bank of New York Mellon
11
Bank of New York Mellon
New York
$35.9M +$4.18M +149,032 +14%
Wellington Management Group
12
Wellington Management Group
Massachusetts
$33.1M +$17M +607,481 +120%
Dimensional Fund Advisors
13
Dimensional Fund Advisors
Texas
$31.9M -$249K -8,898 -0.8%
American Century Companies
14
American Century Companies
Missouri
$30.9M +$1.43M +51,160 +5%
N
15
Nuveen
North Carolina
$30.2M +$4.2M +149,933 +17%
ICOM
16
Investment Counselors of Maryland
Maryland
$26M +$1.26M +45,013 +5%
Norges Bank
17
Norges Bank
Norway
$25.9M
Charles Schwab
18
Charles Schwab
California
$23.3M +$999K +35,653 +5%
Neuberger Berman Group
19
Neuberger Berman Group
New York
$21.4M +$1.45M +51,627 +8%
Legal & General Group
20
Legal & General Group
United Kingdom
$19.4M +$1.12M +40,020 +7%
Arrowstreet Capital
21
Arrowstreet Capital
Massachusetts
$17.3M -$2.11M -75,370 -12%
Ameriprise
22
Ameriprise
Minnesota
$16.8M +$111K +3,947 +0.7%
Millennium Management
23
Millennium Management
New York
$15.9M -$4.7M -167,890 -24%
Thrivent Financial for Lutherans
24
Thrivent Financial for Lutherans
Minnesota
$15.8M +$297K +10,609 +2%
BCIM
25
British Columbia Investment Management
British Columbia, Canada
$14.8M

FCPT Hedge Fund Activity: Q4 2020 in Review

256 of the 5,651 institutional investors tracked by Wall St. Rank reported a position in Four Corners Property Trust (FCPT) for Q4 2020, worth a combined $2.09B — up 22% from $1.72B a quarter earlier.

Buyers outnumbered sellers: 36 funds opened new FCPT positions and 22 closed out — a net gain of 14 holders — while 84 added to existing stakes and 66 trimmed.

The largest buyer was BlackRock, adding an estimated $31.2M. The largest seller was Hilton Capital Management, exiting entirely with an estimated $11M sold.

  • 256 institutional investors held Four Corners Property Trust (FCPT) as of Q4 2020, up from 243 in Q3 2020.
  • Funds reported $2.09B of Four Corners Property Trust stock for Q4 2020, up 22% quarter-over-quarter.
  • 36 funds opened new Four Corners Property Trust positions in Q4 2020 and 22 closed out, a net change of +14 holders.
  • The largest Four Corners Property Trust buyer in Q4 2020 was BlackRock, an estimated $31.2M added.
  • The largest Four Corners Property Trust seller in Q4 2020 was Hilton Capital Management, an estimated $11M sold.

Based on aggregated 13F filings for Q4 2020.