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 ($217.4m this quarter). Holder counts are more reliable. Shares outstanding: 468.1m as of 2025-04-22, 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 ≈ $217.53. Options: 41 managers hold calls ($728.8m notional), 37 hold puts ($361.4m).
Trends to Q1 2025
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 |
| Q4 2024 | 1,794 |
| Q1 2025 | 1,843 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q2 2023 | 806 | 768 |
| Q3 2023 | 758 | 805 |
| Q4 2023 | 790 | 830 |
| Q1 2024 | 867 | 820 |
| Q2 2024 | 827 | 836 |
| Q3 2024 | 851 | 813 |
| Q4 2024 | 689 | 1,008 |
| Q1 2025 | 862 | 854 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q2 2024 | $463.2m | $394.6m | 0.85 |
| Q3 2024 | $714.5m | $626.6m | 0.88 |
| Q4 2024 | $364.6m | $376.4m | 1.03 |
| Q1 2025 | $728.8m | $361.4m | 0.50 |
Biggest buyers
| JPMORGAN CHASE & CO | Added | +3.6m |
| PRICE T ROWE ASSOCIATES INC /MD/ | Added | +2.3m |
| GEODE CAPITAL MANAGEMENT, LLC | Added | +1.9m |
| FMR LLC | Added | +1.5m |
| BESSEMER GROUP INC | Added | +831.2k |
| Brookfield Corp /ON/ | Added | +797.5k |
| CITADEL ADVISORS LLC | Added | +755.6k |
| Alyeska Investment Group, L.P. | New | +745.1k |
| Amundi | Added | +743.6k |
| Point72 Asset Management, L.P. | Added | +738.2k |
Biggest sellers
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC | Reduced | -3.6m |
| AKRE CAPITAL MANAGEMENT LLC | Reduced | -2.9m |
| Capital Research Global Investors | Reduced | -1.8m |
| MACKENZIE FINANCIAL CORP | Reduced | -1.2m |
| CANADA PENSION PLAN INVESTMENT BOARD | Reduced | -1.1m |
| WELLINGTON MANAGEMENT GROUP LLP | Reduced | -937.9k |
| Capital World Investors | Reduced | -888.6k |
| SAMLYN CAPITAL, LLC | Sold out | -728.1k |
| Mitsubishi UFJ Trust & Banking Corp | Reduced | -660.0k |
| Daiwa Securities Group Inc. | Reduced | -493.8k |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $160.4m737.2k shares |
| JANE STREET GROUP, LLC | Added | $92.8m426.5k shares |
| Parallax Volatility Advisers, L.P. | Added | $90.5m415.7k shares |
| CITADEL ADVISORS LLC | Added | $78.2m359.5k shares |
| MILLENNIUM MANAGEMENT LLC | Added | $38.6m177.3k shares |
| Walleye Trading LLC | Added | $29.6m136.0k shares |
| Squarepoint Ops LLC | Added | $27.9m128.4k shares |
| WOLVERINE TRADING, LLC | Added | $26.7m123.8k shares |
| GROUP ONE TRADING LLC | Added | $23.7m108.9k shares |
| IMC-Chicago, LLC | Added | $20.0m92.0k shares |
Biggest puts
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $66.6m306.2k shares |
| CITADEL ADVISORS LLC | Reduced | $51.5m236.9k shares |
| GOLDMAN SACHS GROUP INC | Added | $24.3m111.5k shares |
| WOLVERINE TRADING, LLC | Reduced | $18.6m86.3k shares |
| BNP PARIBAS FINANCIAL MARKETS | First filing | $17.1m784 shares |
| UBS Group AG | Reduced | $16.7m76.7k shares |
| Squarepoint Ops LLC | Reduced | $16.3m74.7k shares |
| MILLENNIUM MANAGEMENT LLC | Added | $14.8m68.0k shares |
| CAPSTONE INVESTMENT ADVISORS, LLC | Reduced | $13.3m60.9k shares |
| IMC-Chicago, LLC | Reduced | $12.9m59.4k 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 Q1 2025
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 |
|---|---|---|---|---|---|
| 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 |
| Q4 2024 | 0 | — | 0 | — | — |
| Q1 2025 | 0 | — | 4 | $9.2m | $6.1m |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2025-03-17 | Goel Sanjay EVP & President, Asia-Pacific | Sold | $863.7k4.0k shares |
| 2025-02-27 | Meyer Robert Joseph JR SVP & Chief Accounting Officer | Sold | $594.2k2.9k shares |
| 2025-02-26 | REEVE PAMELA D A Director | Sold | $1.0m5.0k shares |
| 2025-02-26 | Meyer Robert Joseph JR SVP & Chief Accounting Officer | Sold | $547.9k2.7k shares |
| 2025-02-13 | Smith Rodney M EVP, CFO & Treasurer | Sold plan | $3.1m16.6k shares |
| 2025-01-16 | Smith Rodney M EVP, CFO & Treasurer | Sold plan | $3.0m16.6k 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, Q1 2025
| Manager | Shares | Change |
|---|---|---|
| VANGUARD GROUP INC 0.25% of their portfolio | 62.8m $13.7bn | Added +434.1k |
| BlackRock, Inc. 0.20% of their portfolio | 43.0m $9.4bn | Reduced -66.8k |
| STATE STREET CORP 0.19% of their portfolio | 21.2m $4.6bn | Added +118.9k |
| COHEN & STEERS, INC. 7.52% of their portfolio | 18.7m $4.1bn | Reduced -465.2k |
| GEODE CAPITAL MANAGEMENT, LLC 0.23% of their portfolio | 13.2m $2.9bn | Added +1.9m |
| FMR LLC 0.18% of their portfolio | 12.6m $2.8bn | Added +1.5m |
| JPMORGAN CHASE & CO 0.17% of their portfolio | 10.1m $2.2bn | Added +3.6m |
| MORGAN STANLEY 0.13% of their portfolio | 8.3m $1.8bn | Added +481.1k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.22% of their portfolio | 8.1m $1.8bn | Added +2.3m |
| DEUTSCHE BANK AG\ 0.64% of their portfolio | 7.4m $1.6bn | Added +285.2k |
| WELLINGTON MANAGEMENT GROUP LLP 0.30% of their portfolio | 7.1m $1.6bn | Reduced -937.9k |
| Capital Research Global Investors 0.32% of their portfolio | 6.8m $1.5bn | Reduced -1.8m |
| DIMENSIONAL FUND ADVISORS LP 0.35% of their portfolio | 6.5m $1.4bn | Added +88.1k |
| PRINCIPAL FINANCIAL GROUP INC 0.75% of their portfolio | 6.1m $1.3bn | Added +220.6k |
| NORGES BANK 0.19% of their portfolio | 6.1m $1.3bn | Reduced -265.9k |
| Invesco Ltd. 0.25% of their portfolio | 6.0m $1.3bn | Added +30.1k |
| NORTHERN TRUST CORP 0.18% of their portfolio | 5.6m $1.2bn | Added +118.2k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.22% of their portfolio | 5.4m $1.2bn | Added +39.0k |
| GOLDMAN SACHS GROUP INC 0.22% of their portfolio | 5.2m $1.1bn | Added +305.9k |
| FRANKLIN RESOURCES INC 0.33% of their portfolio | 5.2m $1.1bn | Added +22.6k |
| Nuveen, LLC 0.30% of their portfolio | 4.6m $991.5m | First filing |
| AMERIPRISE FINANCIAL INC 0.26% of their portfolio | 4.5m $975.8m | Reduced -195.5k |
| Legal & General Group Plc 0.26% of their portfolio | 4.4m $946.7m | Added +4.5k |
| BANK OF AMERICA CORP /DE/ 0.08% of their portfolio | 4.2m $922.4m | Added +229.1k |
| Capital World Investors 0.14% of their portfolio | 4.0m $877.3m | Reduced -888.6k |
| UBS Group AG 0.18% of their portfolio | 3.7m $809.8m | Added +713.6k |
| Clearbridge Investments, LLC 0.69% of their portfolio | 3.6m $793.8m | Added +171.3k |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 0.23% of their portfolio | 3.2m $689.9m | Reduced -224.4k |
| WELLS FARGO & COMPANY/MN 0.17% of their portfolio | 3.2m $686.6m | Reduced -51.6k |
| Bank of New York Mellon Corp 0.13% of their portfolio | 2.9m $641.0m | Reduced -52.1k |
| Amundi 0.24% of their portfolio | 2.8m $645.7m | Added +743.6k |
| AKRE CAPITAL MANAGEMENT LLC 5.42% of their portfolio | 2.6m $563.4m | Reduced -2.9m |
| ROYAL BANK OF CANADA 0.11% of their portfolio | 2.3m $503.8m | Added +6.0k |
| JANUS HENDERSON GROUP PLC 0.24% of their portfolio | 2.0m $439.4m | Added +21.8k |
| Cantillon Capital Management LLC 2.66% of their portfolio | 1.9m $411.1m | Reduced -58.4k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.33% of their portfolio | 1.9m $402.7m | Added +335.3k |
| AMERICAN CENTURY COMPANIES INC 0.24% of their portfolio | 1.8m $390.4m | Added +244.0k |
| ALLIANCEBERNSTEIN L.P. 0.14% of their portfolio | 1.8m $383.6m | Reduced -434.8k |
| Fisher Asset Management, LLC 0.16% of their portfolio | 1.7m $379.4m | Added +659 |
| HSBC HOLDINGS PLC 0.23% of their portfolio | 1.6m $338.9m | Added +57.4k |
| NORDEA INVESTMENT MANAGEMENT AB 0.35% of their portfolio | 1.5m $329.3m | Added +95.8k |
| CITADEL ADVISORS LLC 0.32% of their portfolio | 1.5m $330.0m | Added +755.6k |
| Capital International Investors 0.06% of their portfolio | 1.5m $324.4m | Added +598.7k |
| California Public Employees Retirement System 0.22% of their portfolio | 1.5m $321.3m | Reduced -155.1k |
| CIBC Private Wealth Group LLC 0.63% of their portfolio | 1.5m $297.1m | Reduced -224.6k |
| Brookfield Corp /ON/ 0.28% of their portfolio | 1.4m $312.4m | Added +797.5k |
| NEUBERGER BERMAN GROUP LLC 0.26% of their portfolio | 1.4m $308.7m | Reduced -115.6k |
| VOYA INVESTMENT MANAGEMENT LLC 0.17% of their portfolio | 1.4m $305.7m | Added +704.0k |
| Point72 Asset Management, L.P. 0.85% of their portfolio | 1.4m $302.7m | Added +738.2k |
| LORING WOLCOTT & COOLIDGE FIDUCIARY ADVISORS LLP/MA 2.86% of their portfolio | 1.4m $294.3m | Reduced -20.4k |
| Swiss National Bank 0.20% of their portfolio | 1.3m $286.8m | Reduced -1.6k |
| Sumitomo Mitsui Trust Group, Inc. 0.19% of their portfolio | 1.2m $270.8m | Reduced -39.2k |
| National Pension Service 0.24% of their portfolio | 1.1m $248.3m | Added +89.4k |
| BESSEMER GROUP INC 0.44% of their portfolio | 1.1m $247.4m | Added +831.2k |
| Vontobel Holding Ltd. 0.90% of their portfolio | 1.1m $247.2m | Added +61.7k |
| SEI INVESTMENTS CO 0.32% of their portfolio | 1.1m $244.8m | Added +130.0k |
| RAYMOND JAMES FINANCIAL INC 0.09% of their portfolio | 1.1m $238.7m | Added +43.4k |
| BARCLAYS PLC 0.11% of their portfolio | 1.1m $235.3m | Added +378.3k |
| RHUMBLINE ADVISERS 0.22% of their portfolio | 1.1m $234.2m | Reduced -27.4k |
| US BANCORP \DE\ 0.31% of their portfolio | 1.1m $230.8m | Reduced -35.3k |
| 1832 Asset Management L.P. 0.41% of their portfolio | 989.2k $215.2m | Added +44.2k |
| Russell Investments Group, Ltd. 0.27% of their portfolio | 914.7k $199.0m | Added +34.4k |
| M&G PLC 0.95% of their portfolio | 914.6k $199.4m | Reduced -74.1k |
| Magellan Asset Management Ltd 2.37% of their portfolio | 895.4k $194.8m | Reduced -98.1k |
| DUFF & PHELPS INVESTMENT MANAGEMENT CO 2.27% of their portfolio | 890.9k $193.9m | Reduced -19.8k |
| CANADA LIFE ASSURANCE Co 0.33% of their portfolio | 863.5k $188.4m | Reduced -24.4k |
| DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main 0.22% of their portfolio | 851.0k $185.2m | Reduced -451.0k |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.17% of their portfolio | 847.8k $184.5m | Reduced -16.5k |
| VIKING GLOBAL INVESTORS LP 0.58% of their portfolio | 838.8k $182.5m | Reduced -58.5k |
| Mitsubishi UFJ Asset Management Co., Ltd. 0.17% of their portfolio | 831.9k $181.0m | Added +93.3k |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. 0.47% of their portfolio | 814.0k $177.1m | Reduced -35.2k |
| Sarasin & Partners LLP 1.90% of their portfolio | 804.8k $175.1m | Reduced -131.2k |
| Heard Capital LLC 10.36% of their portfolio | 801.2k $174.3m | Reduced -156.9k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.04% of their portfolio | 793.7k $172.7m | Reduced -3.6m |
| BLAIR WILLIAM & CO/IL 0.51% of their portfolio | 777.2k $169.1m | Reduced -13.3k |
| ENVESTNET ASSET MANAGEMENT INC 0.05% of their portfolio | 759.9k $165.3m | Added +23.4k |
| COMMONWEALTH OF PENNSYLVANIA PUBLIC SCHOOL EMPLS RETRMT SYS 0.97% of their portfolio | 759.1k $165.2m | Reduced -18.0k |
| BNP PARIBAS FINANCIAL MARKETS 0.13% of their portfolio | 756.0k $164.5m | First filing |
| Alyeska Investment Group, L.P. 0.65% of their portfolio | 745.1k $162.1m | New |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.19% of their portfolio | 723.2k $157.4m | Reduced -3.9k |
| BAMCO INC /NY/ 0.45% of their portfolio | 699.7k $152.2m | New |
| Mitsubishi UFJ Trust & Banking Corp 0.39% of their portfolio | 696.0k $151.5m | Reduced -660.0k |
| MARSHALL WACE, LLP 0.20% of their portfolio | 692.4k $150.7m | New |
| Aberdeen Group plc 0.28% of their portfolio | 673.0k $146.0m | Reduced -37.3k |
| STOREBRAND ASSET MANAGEMENT AS 0.46% of their portfolio | 655.8k $142.7m | Reduced -127.3k |
| Liontrust Investment Partners LLP 2.21% of their portfolio | 651.4k $141.7m | Reduced -53.5k |
| T. Rowe Price Investment Management, Inc. 0.09% of their portfolio | 650.8k $141.6m | Added +540.6k |
| Corient Private Wealth LP 0.23% of their portfolio | 648.8k $141.2m | Reduced -22.5k |
| Daiwa Securities Group Inc. 0.58% of their portfolio | 630.8k $137.3m | Reduced -493.8k |
| DAVENPORT & Co LLC 0.79% of their portfolio | 618.4k $134.1m | Added +1.5k |
| BANK OF MONTREAL /CAN/ 0.07% of their portfolio | 614.1k $133.6m | Reduced -75.5k |
| CITIGROUP INC 0.10% of their portfolio | 608.5k $132.4m | Added +91.3k |
| CBRE INVESTMENT MANAGEMENT LISTED REAL ASSETS LLC 2.02% of their portfolio | 607.7k $132.2m | Reduced -162.0k |
| Ensign Peak Advisors, Inc 0.25% of their portfolio | 605.5k $131.8m | Reduced -15.5k |
| NEW YORK STATE COMMON RETIREMENT FUND 0.18% of their portfolio | 575.0k $125.1m | Reduced -2.6k |
| MACQUARIE GROUP LTD 0.15% of their portfolio | 571.4k $124.3m | Reduced -38.7k |
| Altshuler Shaham Ltd 2.96% of their portfolio | 561.5k $122.2m | Added +555.8k |
| FEDERATED HERMES, INC. 0.26% of their portfolio | 556.7k $121.1m | Added +52.5k |
| CENTERSQUARE INVESTMENT MANAGEMENT LLC 1.25% of their portfolio | 554.3k $120.6m | Added +128.0k |
| DekaBank Deutsche Girozentrale 0.23% of their portfolio | 545.6k $118.0m | Added +10.2k |