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 ($325.4m this quarter). Holder counts are more reliable. Shares outstanding: 467.3m as of 2024-10-22, 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 ≈ $231.71. Options: 39 managers hold calls ($714.5m notional), 36 hold puts ($626.6m).
Trends to Q3 2024
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 |
| Q3 2023 | 1,633 |
| Q4 2023 | 1,800 |
| Q1 2024 | 1,763 |
| Q2 2024 | 1,764 |
| Q3 2024 | 1,847 |
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 |
| Q3 2023 | 758 | 805 |
| Q4 2023 | 790 | 830 |
| Q1 2024 | 867 | 820 |
| Q2 2024 | 827 | 836 |
| Q3 2024 | 851 | 813 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q4 2023 | $1.3bn | $671.2m | 0.50 |
| Q1 2024 | $1.1bn | $555.7m | 0.48 |
| Q2 2024 | $463.2m | $394.6m | 0.85 |
| Q3 2024 | $714.5m | $626.6m | 0.88 |
Biggest buyers
| DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main | Added | +3.2m |
| FMR LLC | Added | +2.2m |
| PRICE T ROWE ASSOCIATES INC /MD/ | Added | +973.2k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | Added | +941.6k |
| INTERNATIONAL ASSETS INVESTMENT MANAGEMENT, LLC | Added | +775.4k |
| JPMORGAN CHASE & CO | Added | +752.4k |
| STATE STREET CORP | Added | +635.7k |
| AMERICAN CENTURY COMPANIES INC | Added | +396.3k |
| KBC Group NV | Added | +340.7k |
| UBS Group AG | Added | +339.0k |
Biggest sellers
| PRINCIPAL FINANCIAL GROUP INC | Reduced | -2.6m |
| COHEN & STEERS, INC. | Reduced | -2.0m |
| AMERIPRISE FINANCIAL INC | Reduced | -1.2m |
| APG Asset Management N.V. | Sold out | -893.7k |
| MORGAN STANLEY | Reduced | -652.2k |
| VOYA INVESTMENT MANAGEMENT LLC | Reduced | -648.5k |
| Point72 Asset Management, L.P. | Reduced | -637.2k |
| AXA S.A. | Reduced | -570.2k |
| WELLINGTON MANAGEMENT GROUP LLP | Reduced | -453.8k |
| Daiwa Securities Group Inc. | Reduced | -451.6k |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $176.8m760.4k shares |
| CITADEL ADVISORS LLC | Reduced | $131.9m567.0k shares |
| JANE STREET GROUP, LLC | Added | $86.7m372.7k shares |
| Twin Tree Management, LP | Added | $39.7m170.6k shares |
| Parallax Volatility Advisers, L.P. | Added | $38.9m167.4k shares |
| WOLVERINE TRADING, LLC | Added | $28.8m125.1k shares |
| SIMPLEX TRADING, LLC | Added | $28.7m123.6k shares |
| GROUP ONE TRADING LLC | Added | $21.3m91.6k shares |
| UBS Group AG | Added | $18.8m80.9k shares |
| MILLENNIUM MANAGEMENT LLC | Added | $15.9m68.4k shares |
Biggest puts
| CITADEL ADVISORS LLC | Added | $120.0m516.2k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $116.3m500.3k shares |
| Artisan Partners Limited Partnership | New | $49.2m211.5k shares |
| NOMURA HOLDINGS INC | New | $46.5m200.0k shares |
| Eisler Capital (UK) Ltd. | Added | $33.2m142.6k shares |
| BNP PARIBAS FINANCIAL MARKETS | Added | $28.9m1.2k shares |
| SIMPLEX TRADING, LLC | Reduced | $28.7m123.5k shares |
| D. E. Shaw & Co., Inc. | Unchanged | $23.6m101.3k shares |
| WOLVERINE TRADING, LLC | Added | $22.8m99.1k shares |
| UBS Group AG | Added | $20.4m87.6k 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 Q3 2024
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 |
|---|---|---|---|---|---|
| Q4 2022 | 1 | $986 | 5 | $8.7m | — |
| Q1 2023 | 1 | $1.2k | 3 | $4.2m | — |
| Q2 2023 | 0 | — | 0 | — | — |
| Q3 2023 | 0 | — | 2 | $3.0m | $3.0m |
| Q4 2023 | 0 | — | 2 | $940.9k | $49.5k |
| Q1 2024 | 0 | — | 5 | $7.3m | $6.3m |
| Q2 2024 | 0 | — | 2 | $830.5k | — |
| Q3 2024 | 0 | — | 5 | $24.7m | $21.9m |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2024-09-13 | Goel Sanjay EVP & President, Asia-Pacific | Sold | $1.2m5.0k shares |
| 2024-09-10 | Noel Eugene M EVP & President, U.S. Tower | Sold plan | $8.0m33.1k shares |
| 2024-09-03 | Puech Olivier EVP & President, LatAm & EMEA | Sold plan | $4.4m19.0k shares |
| 2024-08-26 | Puech Olivier EVP & President, LatAm & EMEA | Sold plan | $2.3m10.0k shares |
| 2024-08-02 | Vondran Steven O President and CEO, director | Sold plan | $5.0m21.5k shares |
| 2024-08-02 | Puech Olivier EVP & President, LatAm & EMEA | Sold plan | $2.3m10.0k shares |
| 2024-08-02 | Goel Sanjay EVP & President, Asia-Pacific | Sold | $1.1m4.8k shares |
| 2024-08-02 | Meyer Robert Joseph JR SVP & Chief Accounting Officer | Sold | $508.0k2.2k shares |
Their holding: how much the trade added to or took from the insider's holding (direct, or the trust or fund named). The same trade is sometimes reported by more than one insider, such as a fund and the director who represents it; totals count it once. A value is left blank where the reported price is far from the market price (usually a typo).
Holders, Q3 2024
| Manager | Shares | Change |
|---|---|---|
| VANGUARD GROUP INC 0.26% of their portfolio | 62.5m $14.5bn | Reduced -55.5k |
| BlackRock, Inc. 0.19% of their portfolio | 38.9m $9.1bn | First filing |
| STATE STREET CORP 0.20% of their portfolio | 21.2m $4.9bn | Added +635.7k |
| COHEN & STEERS, INC. 6.51% of their portfolio | 15.7m $3.7bn | Reduced -2.0m |
| WELLINGTON MANAGEMENT GROUP LLP 0.46% of their portfolio | 11.4m $2.6bn | Reduced -453.8k |
| GEODE CAPITAL MANAGEMENT, LLC 0.21% of their portfolio | 11.2m $2.6bn | Added +204.4k |
| FMR LLC 0.15% of their portfolio | 10.6m $2.5bn | Added +2.2m |
| MORGAN STANLEY 0.15% of their portfolio | 8.6m $2.0bn | Reduced -652.2k |
| JPMORGAN CHASE & CO 0.07% of their portfolio | 7.7m $1.8bn | Added +752.4k |
| DEUTSCHE BANK AG\ 0.70% of their portfolio | 7.4m $1.7bn | Reduced -305.5k |
| DIMENSIONAL FUND ADVISORS LP 0.37% of their portfolio | 6.5m $1.5bn | Reduced -17.5k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.17% of their portfolio | 6.5m $1.5bn | Added +973.2k |
| NORGES BANK 0.20% of their portfolio | 6.2m $1.4bn | Added +334.9k |
| PRINCIPAL FINANCIAL GROUP INC 0.78% of their portfolio | 6.1m $1.4bn | Reduced -2.6m |
| AKRE CAPITAL MANAGEMENT LLC 11.71% of their portfolio | 6.1m $1.4bn | Reduced -81.8k |
| Invesco Ltd. 0.25% of their portfolio | 5.5m $1.3bn | Reduced -153.7k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.23% of their portfolio | 5.2m $1.2bn | Added +243.1k |
| AMERIPRISE FINANCIAL INC 0.31% of their portfolio | 5.2m $1.2bn | Reduced -1.2m |
| GOLDMAN SACHS GROUP INC 0.23% of their portfolio | 5.2m $1.2bn | Reduced -436.4k |
| Capital Research Global Investors 0.25% of their portfolio | 5.1m $1.2bn | Added +231.2k |
| NORTHERN TRUST CORP 0.19% of their portfolio | 5.0m $1.2bn | Reduced -93.4k |
| Nuveen Asset Management, LLC 0.33% of their portfolio | 5.0m $1.2bn | Reduced -122.3k |
| BANK OF AMERICA CORP /DE/ 0.09% of their portfolio | 4.4m $1.0bn | Reduced -270.4k |
| FRANKLIN RESOURCES INC 0.28% of their portfolio | 4.4m $981.5m | Added +38.4k |
| Legal & General Group Plc 0.27% of their portfolio | 4.4m $1.0bn | Reduced -146.6k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.25% of their portfolio | 4.1m $956.1m | Added +224.3k |
| Clearbridge Investments, LLC 0.69% of their portfolio | 3.8m $879.1m | Added +74.8k |
| DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main 0.87% of their portfolio | 3.6m $839.0m | Added +3.2m |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 0.25% of their portfolio | 3.5m $822.8m | Added +227.0k |
| WELLS FARGO & COMPANY/MN 0.20% of their portfolio | 3.5m $815.8m | Reduced -219.0k |
| Amundi 0.27% of their portfolio | 3.2m $730.5m | Reduced -358.4k |
| UBS Group AG 0.20% of their portfolio | 3.0m $704.6m | Added +339.0k |
| Bank of New York Mellon Corp 0.13% of their portfolio | 3.0m $695.6m | Reduced -62.5k |
| ALLIANCEBERNSTEIN L.P. 0.23% of their portfolio | 2.9m $672.8m | Reduced -357.2k |
| ROYAL BANK OF CANADA 0.12% of their portfolio | 2.3m $530.4m | Reduced -7.9k |
| JANUS HENDERSON GROUP PLC 0.26% of their portfolio | 2.2m $517.3m | Added +125.4k |
| Cantillon Capital Management LLC 2.75% of their portfolio | 1.9m $450.5m | Reduced -58.0k |
| Capital World Investors 0.07% of their portfolio | 1.9m $439.1m | Reduced -124.8k |
| CIBC Private Wealth Group LLC 0.74% of their portfolio | 1.8m $413.5m | Reduced -36.9k |
| Fisher Asset Management, LLC 0.17% of their portfolio | 1.7m $402.7m | Added +52.9k |
| NEUBERGER BERMAN GROUP LLC 0.31% of their portfolio | 1.7m $396.0m | Added +16.6k |
| Mitsubishi UFJ Trust & Banking Corp 0.87% of their portfolio | 1.6m $379.7m | Reduced -44.4k |
| California Public Employees Retirement System 0.25% of their portfolio | 1.6m $364.2m | Reduced -310.7k |
| AMERICAN CENTURY COMPANIES INC 0.20% of their portfolio | 1.5m $346.7m | Added +396.3k |
| CANADA PENSION PLAN INVESTMENT BOARD 0.33% of their portfolio | 1.5m $343.3m | Reduced -60.2k |
| LORING WOLCOTT & COOLIDGE FIDUCIARY ADVISORS LLP/MA 2.88% of their portfolio | 1.4m $323.0m | Reduced -13.3k |
| Swiss National Bank 0.21% of their portfolio | 1.4m $322.3m | Added +3.5k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.27% of their portfolio | 1.4m $315.1m | Added +941.6k |
| HSBC HOLDINGS PLC 0.18% of their portfolio | 1.3m $296.1m | Reduced -109.7k |
| Sumitomo Mitsui Trust Group, Inc. 0.20% of their portfolio | 1.2m $290.1m | Reduced -2.3k |
| ClearBridge Investments Ltd 7.09% of their portfolio | 1.2m $283.3m | Reduced -224.4k |
| US BANCORP \DE\ 0.34% of their portfolio | 1.1m $266.7m | Reduced -115.6k |
| RHUMBLINE ADVISERS 0.23% of their portfolio | 1.1m $258.4m | Reduced -12.2k |
| NORDEA INVESTMENT MANAGEMENT AB 0.29% of their portfolio | 1.1m $255.6m | Added +142.2k |
| National Pension Service 0.24% of their portfolio | 1.1m $246.3m | Added +156.4k |
| Capital International Investors 0.05% of their portfolio | 1.1m $245.8m | Reduced -2.3k |
| VOYA INVESTMENT MANAGEMENT LLC 0.25% of their portfolio | 1.1m $245.5m | Reduced -648.5k |
| Vontobel Holding Ltd. 0.78% of their portfolio | 1.0m $241.7m | Reduced -68.6k |
| AustralianSuper Pty Ltd 1.18% of their portfolio | 1.0m $236.0m | Reduced -153.1k |
| BARCLAYS PLC 0.10% of their portfolio | 990.0k $230.2m | Reduced -259.3k |
| Russell Investments Group, Ltd. 0.33% of their portfolio | 985.4k $229.1m | Reduced -8.7k |
| 1832 Asset Management L.P. 0.38% of their portfolio | 972.3k $226.1m | Reduced -342.7k |
| SEI INVESTMENTS CO 0.28% of their portfolio | 932.6k $216.9m | Reduced -43.4k |
| Magellan Asset Management Ltd 2.15% of their portfolio | 929.4k $216.1m | Reduced -395.4k |
| DUFF & PHELPS INVESTMENT MANAGEMENT CO 2.44% of their portfolio | 913.1k $212.3m | Reduced -73.1k |
| Sarasin & Partners LLP 1.97% of their portfolio | 898.3k $208.9m | Reduced -69.1k |
| BANK OF MONTREAL /CAN/ 0.10% of their portfolio | 896.2k $206.4m | Reduced -57.8k |
| Allianz Asset Management GmbH 0.32% of their portfolio | 890.4k $207.1m | Added +259.4k |
| RAYMOND JAMES & ASSOCIATES 0.12% of their portfolio | 871.1k $202.6m | Reduced -96.2k |
| ENVESTNET ASSET MANAGEMENT INC 0.06% of their portfolio | 852.5k $198.3m | Reduced -123.4k |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. 0.49% of their portfolio | 847.8k $197.2m | Reduced -23.4k |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.17% of their portfolio | 835.9k $194.4m | Reduced -41.9k |
| MACKENZIE FINANCIAL CORP 0.26% of their portfolio | 817.1k $190.0m | Added +162.0k |
| BLAIR WILLIAM & CO/IL 0.54% of their portfolio | 796.0k $185.1m | Added +21.4k |
| Ensign Peak Advisors, Inc 0.32% of their portfolio | 791.8k $184.2m | Added +47.0k |
| Heard Capital LLC 10.30% of their portfolio | 790.3k $183.8m | Reduced -223.4k |
| COMMONWEALTH OF PENNSYLVANIA PUBLIC SCHOOL EMPLS RETRMT SYS 1.15% of their portfolio | 780.5k $181.5m | Reduced -6.9k |
| INTERNATIONAL ASSETS INVESTMENT MANAGEMENT, LLC 0.01% of their portfolio | 778.9k $3.3k | Added +775.4k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.20% of their portfolio | 754.4k $175.4m | Reduced -4.2k |
| CBRE INVESTMENT MANAGEMENT LISTED REAL ASSETS LLC 2.78% of their portfolio | 751.2k $174.7m | Added +161.6k |
| Liontrust Investment Partners LLP 2.02% of their portfolio | 732.7k $142.4m | Unchanged |
| BNP PARIBAS FINANCIAL MARKETS 0.17% of their portfolio | 731.6k $170.2m | Added +146.0k |
| FEDERATED HERMES, INC. 0.37% of their portfolio | 727.1k $169.1m | Added +55.9k |
| Brookfield Corp /ON/ 0.93% of their portfolio | 710.7k $165.3m | Added +333.2k |
| Corient Private Wealth LP 0.26% of their portfolio | 699.4k $162.6m | Added +53.1k |
| STOREBRAND ASSET MANAGEMENT AS 0.51% of their portfolio | 691.5k $160.8m | Reduced -61.2k |
| Mitsubishi UFJ Asset Management Co., Ltd. 0.17% of their portfolio | 675.0k $157.0m | Added +56.1k |
| CANADA LIFE ASSURANCE Co 0.27% of their portfolio | 663.8k $154.6m | Added +2.5k |
| Aberdeen Group plc 0.28% of their portfolio | 653.5k $151.0m | Added +69.2k |
| M&G PLC 0.76% of their portfolio | 635.9k $148.2m | Reduced -142.2k |
| DAVENPORT & Co LLC 0.85% of their portfolio | 626.5k $145.2m | Reduced -107.1k |
| CITIGROUP INC 0.13% of their portfolio | 621.0k $144.4m | Reduced -390.6k |
| LASALLE INVESTMENT MANAGEMENT SECURITIES LLC 5.50% of their portfolio | 618.6k $143.9m | Added +17.0k |
| MACQUARIE GROUP LTD 0.15% of their portfolio | 610.5k $142.0m | Reduced -158.2k |
| Swedbank AB 0.18% of their portfolio | 602.8k $140.2m | Added +4.6k |
| NEW YORK STATE COMMON RETIREMENT FUND 0.18% of their portfolio | 578.5k $134.5m | Reduced -43.3k |
| DekaBank Deutsche Girozentrale 0.23% of their portfolio | 535.4k $123.7m | Reduced -65.5k |
| PRUDENTIAL FINANCIAL INC 0.17% of their portfolio | 524.0k $121.9m | Added +145.4k |
| CENTERSQUARE INVESTMENT MANAGEMENT LLC 1.05% of their portfolio | 483.5k $112.4m | Reduced -150.6k |
| Mondrian Investment Partners LTD 1.70% of their portfolio | 481.7k $112.0m | Reduced -6.5k |