Hedge Funds Adjust Stakes in American Tower Corp Amid Trends

Analysis shows hedge funds are re-evaluating their positions in American Tower Corp. The recent 13F filings indicate a significant decrease in holdings, signaling possible investor caution.

Date: 06-02-2025

AI Rating: 4

Hedge Fund Sentiment on American Tower Corp is assessed through the latest 13F filings, highlighting substantial changes in share ownership. American Tower Corp (AMT) has seen a notable decrease in shares held by hedge funds, dropping from 38,360,950 to 36,510,667, marking a decline of approximately 4.82%.

Overall, the report reveals mixed sentiments among hedge fund managers, with 3 funds increasing their positions, while 5 reduced their stake. This shift suggests a cautious approach to AMT, which may influence stock prices negatively. Aggregate market value decreased by $102,998, indicating less confidence among institutional investors.

Individual Fund Changes show significant reductions in share count for several key funds. For example, John G Ullman & Associates Inc. reduced their AMT holdings by 3,591 shares, while other funds like Nixon Peabody Trust Co. decreased their stake by 1,224 shares. Conversely, Cantillon Capital Management LLC increased its holdings by 10,343 shares, still resulting in an overall decline.

Given that hedge funds often serve as market barometers, the observed decrease in holdings and market value could impact AMT’s stock price negatively. While some funds remain invested, the overall trend suggests a potential red flag regarding the stock’s outlook.

Stocks: AMT