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Four Corners Property Trust

266 hedge funds and large institutions have $2.33B invested in Four Corners Property Trust in 2023 Q4 according to their latest regulatory filings, with 42 funds opening new positions, 102 increasing their positions, 74 reducing their positions, and 34 closing their positions.

New
Increased
Maintained
Reduced
Closed

360% more call options, than puts

Call options by funds: $23K | Put options by funds: $5K

38% more repeat investments, than reductions

Existing positions increased: 102 | Existing positions reduced: 74

24% more first-time investments, than exits

New positions opened: 42 | Existing positions closed: 34

21% more capital invested

Capital invested by funds: $1.93B → $2.33B (+$398M)

5.5% more ownership

Funds ownership: 96.07%101.56% (+5.5%)

2% more funds holding

Funds holding: 262266 (+4)

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

Holders
266
Holders Change
+4
Holders Change %
+1.53%
% of All Funds
3.88%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.01%
New
42
Increased
102
Reduced
74
Closed
34
Calls
$23K
Puts
$5K
Net Calls
+$18K
Net Calls Change
-$76K
Name Holding Trade Value Shares
Change
Change in
Stake
BlackRock
1
BlackRock
New York
$429M +$23.8M +1,040,441 +7%
Vanguard Group
2
Vanguard Group
Pennsylvania
$266M +$6.74M +294,240 +3%
Fidelity Investments
3
Fidelity Investments
Massachusetts
$262M +$11.7M +510,697 +5%
State Street
4
State Street
Massachusetts
$147M +$5.22M +227,643 +4%
Victory Capital Management
5
Victory Capital Management
Texas
$121M +$227K +9,912 +0.2%
Macquarie Group
6
Macquarie Group
Australia
$71.3M +$4.09M +178,362 +7%
WHG
7
Westwood Holdings Group
Texas
$63.9M +$1.31M +57,167 +2%
Invesco
8
Invesco
Georgia
$63.3M +$5.67M +247,476 +11%
Geode Capital Management
9
Geode Capital Management
Massachusetts
$54.7M +$3.29M +143,534 +7%
EARNEST Partners
10
EARNEST Partners
Georgia
$53.2M +$48.2M +2,101,622 +186,479%
Morgan Stanley
11
Morgan Stanley
New York
$46.2M +$22.2M +967,741 +113%
Capital International Investors
12
Capital International Investors
California
$45.7M +$5.16M +225,327 +14%
Principal Financial Group
13
Principal Financial Group
Iowa
$43.6M -$1.37M -59,633 -3%
Charles Schwab
14
Charles Schwab
California
$33.9M +$1.23M +53,517 +4%
CIMLRA
15
CBRE Investment Management Listed Real Assets
Pennsylvania
$33.4M +$2.65M +115,581 +10%
Dimensional Fund Advisors
16
Dimensional Fund Advisors
Texas
$31.3M -$53.1K -2,318 -0.2%
Bank of America
17
Bank of America
North Carolina
$28.8M +$14.2M +619,211 +119%
William Blair Investment Management
18
William Blair Investment Management
Illinois
$28.2M -$511K -22,291 -2%
Northern Trust
19
Northern Trust
Illinois
$27.6M -$1.65M -72,020 -6%
Deutsche Bank
20
Deutsche Bank
Germany
$26.8M +$12.7M +552,374 +109%
Bank of New York Mellon
21
Bank of New York Mellon
New York
$24.8M -$2.47M -107,897 -10%
N
22
Nuveen
North Carolina
$22M -$108K -4,730 -0.5%
Legal & General Group
23
Legal & General Group
United Kingdom
$21.3M +$1.19M +51,730 +7%
UBS AM
24
UBS AM
Illinois
$16.7M +$1.9M +82,835 +14%
Wells Fargo
25
Wells Fargo
California
$15.4M +$4.65M +203,047 +50%

FCPT Hedge Fund Activity: Q4 2023 in Review

266 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in Four Corners Property Trust (FCPT) for Q4 2023, worth a combined $2.33B — up 21% from $1.93B a quarter earlier.

Buyers outnumbered sellers: 42 funds opened new FCPT positions and 34 closed out — a net gain of 8 holders — while 102 added to existing stakes and 74 trimmed.

The largest buyer was EARNEST Partners, adding an estimated $48.2M. The largest seller was American Century Companies, cutting an estimated $55.7M.

  • 266 institutional investors held Four Corners Property Trust (FCPT) as of Q4 2023, up from 262 in Q3 2023.
  • Funds reported $2.33B of Four Corners Property Trust stock for Q4 2023, up 21% quarter-over-quarter.
  • 42 funds opened new Four Corners Property Trust positions in Q4 2023 and 34 closed out, a net change of +8 holders.
  • The largest Four Corners Property Trust buyer in Q4 2023 was EARNEST Partners, an estimated $48.2M added.
  • The largest Four Corners Property Trust seller in Q4 2023 was American Century Companies, an estimated $55.7M sold.

Based on aggregated 13F filings for Q4 2023.