Four Corners Property Trust
FCPT
255 hedge funds and large institutions have $2.2B invested in Four Corners Property Trust in 2024 Q1 according to their latest regulatory filings, with 16 funds opening new positions, 89 increasing their positions, 85 reducing their positions, and 26 closing their positions.
5% more repeat investments, than reductions
Existing positions increased: 89 | Existing positions reduced: 85
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
3.9% less ownership
Funds ownership: 101.56% → 97.66% (-3.9%)
4% less funds holding
Funds holding: 266 → 255 (-11)
6% less capital invested
Capital invested by funds: $2.33B → $2.2B (-$129M)
17% less call options, than puts
Call options by funds: $95K | Put options by funds: $115K
38% less first-time investments, than exits
New positions opened: 16 | Existing positions closed: 26
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BTW
Boston Trust Walden
Boston,
Massachusetts
|
+$24.7M |
| 2 |
EARNEST Partners
Atlanta,
Georgia
|
+$7.86M |
| 3 |
William Blair Investment Management
Chicago,
Illinois
|
+$7.16M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$2.8M |
| 5 |
WHG
Westwood Holdings Group
Dallas,
Texas
|
+$2.25M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$21.5M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$15.3M |
| 3 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$11.7M |
| 4 |
ECM
ExodusPoint Capital Management
New York
|
-$10.2M |
| 5 |
State Street
Boston,
Massachusetts
|
-$8.9M |
FCPT Hedge Fund Activity: Q1 2024 in Review
255 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Four Corners Property Trust (FCPT) for Q1 2024, worth a combined $2.2B — down 5.5% from $2.33B a quarter earlier.
Sellers outnumbered buyers: 26 funds closed out of FCPT and 16 opened new positions — a net loss of 10 holders — while 85 trimmed existing stakes and 89 added.
The largest buyer was Boston Trust Walden, opening a new position worth an estimated $24.7M. The largest seller was Morgan Stanley, cutting an estimated $21.5M.
- 255 institutional investors held Four Corners Property Trust (FCPT) as of Q1 2024, down from 266 in Q4 2023.
- Funds reported $2.2B of Four Corners Property Trust stock for Q1 2024, down 5.5% quarter-over-quarter.
- 16 funds opened new Four Corners Property Trust positions in Q1 2024 and 26 closed out, a net change of -10 holders.
- The largest Four Corners Property Trust buyer in Q1 2024 was Boston Trust Walden, an estimated $24.7M added.
- The largest Four Corners Property Trust seller in Q1 2024 was Morgan Stanley, an estimated $21.5M sold.
Based on aggregated 13F filings for Q1 2024.