Four Corners Property Trust
FCPT
266 hedge funds and large institutions have $2.18B invested in Four Corners Property Trust in 2023 Q2 according to their latest regulatory filings, with 23 funds opening new positions, 87 increasing their positions, 92 reducing their positions, and 29 closing their positions.
53% more call options, than puts
Call options by funds: $363K | Put options by funds: $238K
0.95% less ownership
Funds ownership: 99.36% → 98.41% (-0.95%)
5% less repeat investments, than reductions
Existing positions increased: 87 | Existing positions reduced: 92
3% less funds holding
Funds holding: 273 → 266 (-7)
5% less capital invested
Capital invested by funds: $2.3B → $2.18B (-$123M)
21% less first-time investments, than exits
New positions opened: 23 | Existing positions closed: 29
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$18.5M |
| 2 |
BlackRock
New York
|
+$14.6M |
| 3 |
Balyasny Asset Management
Chicago,
Illinois
|
+$12M |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$11.4M |
| 5 |
Millennium Management
New York
|
+$6.77M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CIM
Centersquare Investment Management
Conshohocken,
Pennsylvania
|
-$33.5M |
| 2 |
Nuveen
Charlotte,
North Carolina
|
-$13.8M |
| 3 |
HCM
Hilton Capital Management
Garden City,
New York
|
-$10.2M |
| 4 |
Invesco
Atlanta,
Georgia
|
-$7.96M |
| 5 |
Norges Bank
Oslo,
Norway
|
-$7.11M |
FCPT Hedge Fund Activity: Q2 2023 in Review
266 of the 6,383 institutional investors tracked by Wall St. Rank reported a position in Four Corners Property Trust (FCPT) for Q2 2023, worth a combined $2.18B — down 5.3% from $2.3B a quarter earlier.
Sellers outnumbered buyers: 29 funds closed out of FCPT and 23 opened new positions — a net loss of 6 holders — while 92 trimmed existing stakes and 87 added.
The largest buyer was Fidelity Investments, adding an estimated $18.5M. The largest seller was Centersquare Investment Management, cutting an estimated $33.5M.
- 266 institutional investors held Four Corners Property Trust (FCPT) as of Q2 2023, down from 273 in Q1 2023.
- Funds reported $2.18B of Four Corners Property Trust stock for Q2 2023, down 5.3% quarter-over-quarter.
- 23 funds opened new Four Corners Property Trust positions in Q2 2023 and 29 closed out, a net change of -6 holders.
- The largest Four Corners Property Trust buyer in Q2 2023 was Fidelity Investments, an estimated $18.5M added.
- The largest Four Corners Property Trust seller in Q2 2023 was Centersquare Investment Management, an estimated $33.5M sold.
Based on aggregated 13F filings for Q2 2023.