AMERICAN TOWER CORP NEW AMT
COM · REIT · CUSIP 03027X100 · ISIN US03027X1000
American communications infrastructure company
- SectorReal estate
- IndustryReal Estate Investment Trusts
- HeadquartersBoston, MA
- Founded1995
- Websiteamericantower.com
- FilingsSEC EDGAR
* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once ($298.3m this quarter). Holder counts are more reliable. Shares outstanding: 466.2m as of 2023-07-20, from the company's own SEC filing; the percentage can still exceed 100%: lent-out shares are counted by the lender and the buyer, and some reports overlap without saying so. Implied quarter-end price ≈ $194.04. Options: 43 managers hold calls ($657.5m notional), 28 hold puts ($359.9m).
Trends to Q2 2023
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 1,692 |
| Q4 2022 | 1,708 |
| Q1 2023 | 1,703 |
| Q2 2023 | 1,686 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q4 2022 | 765 | 779 |
| Q1 2023 | 868 | 702 |
| Q2 2023 | 806 | 768 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2022 | $885.9m | $376.3m | 0.42 |
| Q4 2022 | $706.2m | $620.9m | 0.88 |
| Q1 2023 | $639.4m | $568.4m | 0.89 |
| Q2 2023 | $657.5m | $359.9m | 0.55 |
Biggest buyers
| COHEN & STEERS, INC. | Added | +3.0m |
| Capital Research Global Investors | Added | +685.7k |
| RENAISSANCE TECHNOLOGIES LLC | New | +682.2k |
| NATIONAL BANK OF CANADA /FI/ | Added | +583.6k |
| ROYAL BANK OF CANADA | Added | +576.6k |
| D. E. Shaw & Co., Inc. | Added | +441.1k |
| BROWN ADVISORY INC | Added | +433.0k |
| Point72 Asset Management, L.P. | Added | +421.7k |
| Resolution Capital Ltd | Added | +395.8k |
| BARCLAYS PLC | Added | +376.8k |
Biggest sellers
| OFI INVEST ASSET MANAGEMENT | Reduced | -37.0m |
| FMR LLC | Reduced | -6.2m |
| WELLINGTON MANAGEMENT GROUP LLP | Reduced | -1.2m |
| JENNISON ASSOCIATES LLC | Reduced | -1.1m |
| VANGUARD GROUP INC | Reduced | -924.8k |
| BESSEMER GROUP INC | Reduced | -900.5k |
| BANK OF AMERICA CORP /DE/ | Reduced | -819.2k |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ | Reduced | -716.7k |
| MORGAN STANLEY | Reduced | -503.1k |
| LORD, ABBETT & CO. LLC | Reduced | -453.8k |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $104.6m539.4k shares |
| JANE STREET GROUP, LLC | Reduced | $57.3m295.6k shares |
| Caption Management, LLC | New | $50.3m259.6k shares |
| CITADEL ADVISORS LLC | Reduced | $50.1m258.5k shares |
| Point72 Asset Management, L.P. | New | $49.5m255.0k shares |
| D. E. Shaw & Co., Inc. | Added | $44.5m229.6k shares |
| CAPITAL FUND MANAGEMENT S.A. | Added | $38.8m199.9k shares |
| Laurion Capital Management LP | Added | $27.9m144.1k shares |
| Twin Tree Management, LP | Reduced | $26.8m138.4k shares |
| NOMURA HOLDINGS INC | Added | $26.0m134.2k shares |
Biggest puts
| CITADEL ADVISORS LLC | Reduced | $87.1m449.0k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $45.2m233.1k shares |
| Laurion Capital Management LP | Reduced | $36.0m185.7k shares |
| D. E. Shaw & Co., Inc. | Added | $30.1m155.4k shares |
| CAPITAL FUND MANAGEMENT S.A. | Added | $29.8m153.8k shares |
| Caption Management, LLC | New | $25.2m129.8k shares |
| UBS Group AG | Added | $20.7m106.6k shares |
| GOLDMAN SACHS GROUP INC | Reduced | $14.4m74.2k shares |
| BANK OF AMERICA CORP /DE/ | Added | $12.2m63.1k shares |
| WOLVERINE TRADING, LLC | Reduced | $10.4m53.8k shares |
Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.
Major shareholders (over 5%)
Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.
| Holder | Stake |
|---|---|
| BlackRock, Inc. 13G · institution filed 2025-02-05 | 9.2% |
| VANGUARD CAPITAL MANAGEMENT LLC 13G · institution new · filed 2026-04-29 | 7.6% |
| VANGUARD PORTFOLIO MANAGEMENT LLC 13G · institution new · filed 2026-04-28 | 5.9% |
Fell to 5% or below in the last year: VANGUARD GROUP INC (0.0%, 2026-03-26; now reported by VANGUARD CAPITAL MANAGEMENT LLC)
Insider purchases and sales in Q2 2023
Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.
Officers and directors buying vs selling
Number of people, by quarter (10% owners not included)
Numbers
| Quarter | Buying | Bought | Selling | Sold | Sold under a plan |
|---|---|---|---|---|---|
| Q3 2021 | 0 | — | 0 | — | — |
| Q4 2021 | 0 | — | 2 | $1.2m | — |
| Q1 2022 | 1 | $1.0k | 3 | $2.7m | — |
| Q2 2022 | 1 | $2.2k | 2 | $7.0m | — |
| Q3 2022 | 0 | — | 1 | $76.1k | — |
| Q4 2022 | 1 | $986 | 5 | $8.7m | — |
| Q1 2023 | 1 | $1.2k | 3 | $4.2m | — |
| Q2 2023 | 0 | — | 0 | — | — |
None reported in Q2 2023.
Holders, Q2 2023
| Manager | Shares | Change |
|---|---|---|
| VANGUARD GROUP INC 0.28% of their portfolio | 60.7m $11.8bn | Reduced -924.8k |
| BlackRock Inc. 0.19% of their portfolio | 35.6m $6.9bn | Reduced -13.0k |
| STATE STREET CORP 0.21% of their portfolio | 20.4m $4.0bn | Added +77.2k |
| WELLINGTON MANAGEMENT GROUP LLP 0.45% of their portfolio | 12.3m $2.4bn | Reduced -1.2m |
| GEODE CAPITAL MANAGEMENT, LLC 0.23% of their portfolio | 10.0m $1.9bn | Added +251.8k |
| COHEN & STEERS, INC. 4.02% of their portfolio | 9.8m $1.9bn | Added +3.0m |
| DEUTSCHE BANK AG\ 0.75% of their portfolio | 7.3m $1.4bn | Reduced -35.8k |
| MORGAN STANLEY 0.13% of their portfolio | 7.0m $1.4bn | Reduced -503.1k |
| GOLDMAN SACHS GROUP INC 0.34% of their portfolio | 6.9m $1.3bn | Added +31.4k |
| AKRE CAPITAL MANAGEMENT LLC 10.90% of their portfolio | 6.7m $1.3bn | Reduced -253.8k |
| PRINCIPAL FINANCIAL GROUP INC 0.89% of their portfolio | 6.7m $1.3bn | Reduced -149.3k |
| FMR LLC 0.11% of their portfolio | 6.5m $1.3bn | Reduced -6.2m |
| DIMENSIONAL FUND ADVISORS LP 0.40% of their portfolio | 6.5m $1.3bn | Added +123.5k |
| Invesco Ltd. 0.29% of their portfolio | 5.7m $1.1bn | Added +325.6k |
| EDGEWOOD MANAGEMENT LLC 3.29% of their portfolio | 5.6m $1.1bn | Reduced -167.7k |
| NORTHERN TRUST CORP 0.20% of their portfolio | 5.4m $1.1bn | Reduced -258.4k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.15% of their portfolio | 5.4m $1.0bn | Added +225.5k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.27% of their portfolio | 4.9m $949.3m | Added +48.9k |
| Legal & General Group Plc 0.30% of their portfolio | 4.7m $913.6m | Added +95.4k |
| WELLS FARGO & COMPANY/MN 0.26% of their portfolio | 4.6m $885.1m | Reduced -27.0k |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 0.29% of their portfolio | 4.5m $868.0m | Reduced -716.7k |
| NORGES BANK 0.17% of their portfolio | 4.3m $842.8m | Reduced -85.5k |
| ALLIANCEBERNSTEIN L.P. 0.34% of their portfolio | 4.3m $828.4m | Reduced -185.7k |
| JENNISON ASSOCIATES LLC 0.65% of their portfolio | 4.1m $787.8m | Reduced -1.1m |
| BANK OF AMERICA CORP /DE/ 0.09% of their portfolio | 3.9m $754.9m | Reduced -819.2k |
| Nuveen Asset Management, LLC 0.26% of their portfolio | 3.8m $743.4m | Reduced -246.7k |
| Capital Research Global Investors 0.19% of their portfolio | 3.6m $707.3m | Added +685.7k |
| BROWN ADVISORY INC 1.10% of their portfolio | 3.6m $705.6m | Added +433.0k |
| CIBC Private Wealth Group LLC 0.77% of their portfolio | 3.6m $702.9m | Reduced -250.3k |
| Bank of New York Mellon Corp 0.15% of their portfolio | 3.6m $691.4m | Reduced -442.4k |
| UBS Group AG 0.25% of their portfolio | 3.0m $578.9m | Added +317.0k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.27% of their portfolio | 2.7m $557.4m | Unchanged |
| AMERIPRISE FINANCIAL INC 0.17% of their portfolio | 2.7m $527.4m | Reduced -18.5k |
| Clearbridge Investments, LLC 0.46% of their portfolio | 2.6m $513.7m | Reduced -52.7k |
| PUTNAM INVESTMENTS LLC 0.75% of their portfolio | 2.6m $509.3m | Added +26.3k |
| JANUS HENDERSON GROUP PLC 0.31% of their portfolio | 2.6m $503.3m | Reduced -416.8k |
| 1832 Asset Management L.P. 0.98% of their portfolio | 2.6m $502.3m | Added +189.4k |
| Capital World Investors 0.09% of their portfolio | 2.5m $479.7m | Reduced -448.0k |
| PARNASSUS INVESTMENTS, LLC 0.96% of their portfolio | 2.1m $414.1m | Added +24.6k |
| Mitsubishi UFJ Trust & Banking Corp 0.89% of their portfolio | 2.0m $384.9m | Added +163.9k |
| PUBLIC INVESTMENT FUND 0.94% of their portfolio | 1.9m $367.1m | Unchanged |
| Cantillon Capital Management LLC 2.54% of their portfolio | 1.9m $363.5m | Added +112.0k |
| NEUBERGER BERMAN GROUP LLC 0.32% of their portfolio | 1.8m $355.4m | Reduced -106.4k |
| JPMORGAN CHASE & CO 0.04% of their portfolio | 1.8m $355.4m | Reduced -81.5k |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.20% of their portfolio | 1.8m $355.0m | Reduced -59.6k |
| Amundi 0.17% of their portfolio | 1.8m $345.2m | Reduced -442.4k |
| Swiss National Bank 0.22% of their portfolio | 1.7m $326.4m | Reduced -164.6k |
| CANADA PENSION PLAN INVESTMENT BOARD 0.49% of their portfolio | 1.7m $321.0m | Added +97.3k |
| ROYAL BANK OF CANADA 0.09% of their portfolio | 1.6m $316.3m | Added +576.6k |
| AMERICAN CENTURY COMPANIES INC 0.24% of their portfolio | 1.6m $311.9m | Reduced -72.7k |
| California Public Employees Retirement System 0.26% of their portfolio | 1.6m $303.1m | Reduced -33.8k |
| LORING WOLCOTT & COOLIDGE FIDUCIARY ADVISORS LLP/MA 3.11% of their portfolio | 1.5m $291.1m | Added +8.1k |
| ClearBridge Investments Ltd 7.96% of their portfolio | 1.5m $282.3m | Reduced -53.2k |
| Magellan Asset Management Ltd 2.46% of their portfolio | 1.4m $276.0m | Reduced -5.9k |
| Aberdeen Group plc 0.64% of their portfolio | 1.4m $274.5m | Reduced -5.0k |
| RAYMOND JAMES & ASSOCIATES 0.22% of their portfolio | 1.4m $269.2m | Added +102.0k |
| Capital International Investors 0.06% of their portfolio | 1.3m $261.1m | Reduced -101.7k |
| Sumitomo Mitsui Trust Group, Inc. 0.20% of their portfolio | 1.3m $257.2m | Reduced -47.4k |
| D. E. Shaw & Co., Inc. 0.40% of their portfolio | 1.3m $254.1m | Added +441.1k |
| VOYA INVESTMENT MANAGEMENT LLC 0.26% of their portfolio | 1.3m $251.1m | Reduced -23.7k |
| C WorldWide Group Holding A/S 3.23% of their portfolio | 1.3m $250.5m | Reduced -45.5k |
| US BANCORP \DE\ 0.39% of their portfolio | 1.2m $238.9m | Added +1.8k |
| BARCLAYS PLC 0.15% of their portfolio | 1.2m $237.6m | Added +376.8k |
| Fisher Asset Management, LLC 0.13% of their portfolio | 1.2m $236.5m | Added +30.8k |
| CREDIT SUISSE AG/ 0.22% of their portfolio | 1.1m $221.8m | Reduced -74.7k |
| RHUMBLINE ADVISERS 0.24% of their portfolio | 1.1m $213.6m | Added +108.0k |
| APG Asset Management N.V. 0.39% of their portfolio | 1.1m $191.9m | Added +123 |
| M&G INVESTMENT MANAGEMENT LTD 1.22% of their portfolio | 1.1m $204.3m | Added +250 |
| DigitalBridge Group, Inc. 24.74% of their portfolio | 1.0m $195.1m | Added +128.4k |
| CBRE INVESTMENT MANAGEMENT LISTED REAL ASSETS LLC 3.40% of their portfolio | 980.3k $190.1m | Added +10.5k |
| Resolution Capital Ltd 3.09% of their portfolio | 967.2k $187.6m | Added +395.8k |
| DUFF & PHELPS INVESTMENT MANAGEMENT CO 2.24% of their portfolio | 950.6k $184.4m | Added +134.6k |
| Ensign Peak Advisors, Inc 0.36% of their portfolio | 914.1k $177.3m | Added +69.1k |
| Liontrust Investment Partners LLP 2.52% of their portfolio | 903.8k $175.3m | Added +109.1k |
| SEI INVESTMENTS CO 0.30% of their portfolio | 898.6k $174.3m | Added +204.7k |
| FRANKLIN RESOURCES INC 0.08% of their portfolio | 888.4k $172.3m | Added +23.5k |
| AustralianSuper Pty Ltd 1.06% of their portfolio | 865.0k $167.8m | Reduced -26.6k |
| Sarasin & Partners LLP 1.94% of their portfolio | 861.4k $167.1m | Reduced -405.8k |
| Point72 Asset Management, L.P. 0.57% of their portfolio | 850.7k $165.0m | Added +421.7k |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. 0.50% of their portfolio | 828.3k $160.6m | Reduced -42.3k |
| HSBC HOLDINGS PLC 0.17% of their portfolio | 812.6k $157.2m | Added +146.0k |
| DAVENPORT & Co LLC 1.17% of their portfolio | 810.0k $157.0m | Added +20.1k |
| AVIVA PLC 0.63% of their portfolio | 803.9k $155.9m | Added +238.9k |
| National Pension Service 0.25% of their portfolio | 801.3k $154.4m | Added +78.4k |
| ENVESTNET ASSET MANAGEMENT INC 0.07% of their portfolio | 772.9k $149.9m | Reduced -231.0k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.21% of their portfolio | 772.0k $149.7m | Reduced -15.7k |
| TCW GROUP INC 1.65% of their portfolio | 768.3k $149.0m | Added +29.8k |
| Heard Capital LLC 11.28% of their portfolio | 756.6k $146.7m | Added +72.6k |
| PRUDENTIAL FINANCIAL INC 0.21% of their portfolio | 745.0k $144.5m | Reduced -1.5k |
| NEW YORK STATE COMMON RETIREMENT FUND 0.18% of their portfolio | 742.9k $144.1m | Reduced -30.2k |
| BLAIR WILLIAM & CO/IL 0.52% of their portfolio | 736.9k $142.9m | Added +25.7k |
| COMMONWEALTH OF PENNSYLVANIA PUBLIC SCHOOL EMPLS RETRMT SYS 1.11% of their portfolio | 729.6k $141.5m | Added +66.2k |
| FIRST MANHATTAN CO. LLC. 0.50% of their portfolio | 708.6k $137.4m | Reduced -103.4k |
| BANK OF MONTREAL /CAN/ 0.05% of their portfolio | 707.2k $137.2m | Reduced -33.1k |
| STOREBRAND ASSET MANAGEMENT AS 0.62% of their portfolio | 693.4k $134.5m | Added +53.9k |
| RENAISSANCE TECHNOLOGIES LLC 0.19% of their portfolio | 682.2k $132.3m | New |
| CANADA LIFE ASSURANCE Co 0.31% of their portfolio | 662.0k $129.1m | Added +4.7k |
| Korea Investment CORP 0.36% of their portfolio | 656.9k $127.4m | Reduced -35.4k |
| ALKEON CAPITAL MANAGEMENT LLC 0.74% of their portfolio | 635.8k $123.3m | Reduced -90.0k |
| Swedbank AB 0.21% of their portfolio | 627.8k $121.7m | Added +21.3k |