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 ($336.6m this quarter). Holder counts are more reliable. Shares outstanding: 468.1m as of 2025-10-21, 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 ≈ $192.29. Options: 43 managers hold calls ($643.4m notional), 40 hold puts ($332.8m).
Trends to Q3 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 |
| Q2 2025 | 1,851 |
| Q3 2025 | 1,797 |
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 2023 | 790 | 830 |
| Q1 2024 | 867 | 820 |
| Q2 2024 | 827 | 836 |
| Q3 2024 | 851 | 813 |
| Q4 2024 | 689 | 1,008 |
| Q1 2025 | 862 | 854 |
| Q2 2025 | 857 | 827 |
| Q3 2025 | 763 | 908 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q4 2024 | $364.6m | $376.4m | 1.03 |
| Q1 2025 | $728.8m | $361.4m | 0.50 |
| Q2 2025 | $802.0m | $461.2m | 0.58 |
| Q3 2025 | $643.4m | $332.8m | 0.52 |
Biggest buyers
| JPMORGAN CHASE & CO | Added | +18.1m |
| LAZARD ASSET MANAGEMENT LLC | Added | +4.3m |
| BARROW HANLEY MEWHINNEY & STRAUSS LLC | New | +1.6m |
| Heard Capital LLC | Added | +1.2m |
| MORGAN STANLEY | Added | +836.6k |
| BARCLAYS PLC | Added | +744.0k |
| BNP PARIBAS FINANCIAL MARKETS | Added | +742.4k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | Added | +724.5k |
| TWO SIGMA INVESTMENTS, LP | Added | +708.2k |
| VANGUARD GROUP INC | Added | +611.8k |
Biggest sellers
| WELLINGTON MANAGEMENT GROUP LLP | Reduced | -5.0m |
| VIKING GLOBAL INVESTORS LP | Sold out | -2.8m |
| JANUS HENDERSON GROUP PLC | Reduced | -1.8m |
| ROYAL BANK OF CANADA | Reduced | -1.5m |
| PRICE T ROWE ASSOCIATES INC /MD/ | Reduced | -1.4m |
| FMR LLC | Reduced | -1.3m |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC | Reduced | -1.1m |
| ALLIANCEBERNSTEIN L.P. | Reduced | -972.8k |
| Amundi | Reduced | -842.6k |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ | Reduced | -586.1k |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $134.4m698.8k shares |
| JANE STREET GROUP, LLC | Reduced | $87.2m453.5k shares |
| Parallax Volatility Advisers, L.P. | Reduced | $73.2m380.7k shares |
| CITADEL ADVISORS LLC | Reduced | $60.9m316.7k shares |
| Twin Tree Management, LP | Reduced | $44.6m231.9k shares |
| MILLENNIUM MANAGEMENT LLC | Added | $25.0m130.1k shares |
| WOLVERINE TRADING, LLC | Added | $22.9m117.5k shares |
| BNP PARIBAS FINANCIAL MARKETS | Added | $20.3m1.1k shares |
| IMC-Chicago, LLC | Added | $19.0m99.0k shares |
| CAPITAL FUND MANAGEMENT S.A. | Added | $15.3m79.3k shares |
Biggest puts
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $75.9m394.4k shares |
| CITADEL ADVISORS LLC | Reduced | $50.7m263.6k shares |
| IMC-Chicago, LLC | Added | $13.8m71.7k shares |
| JANE STREET GROUP, LLC | Reduced | $12.6m65.5k shares |
| WOLVERINE TRADING, LLC | Reduced | $10.6m54.3k shares |
| SIMPLEX TRADING, LLC | Reduced | $10.5m54.4k shares |
| BNP PARIBAS FINANCIAL MARKETS | Added | $10.4m539 shares |
| D. E. Shaw & Co., Inc. | Added | $9.9m51.7k shares |
| CAPITAL FUND MANAGEMENT S.A. | Added | $9.9m51.3k shares |
| BARCLAYS PLC | Unchanged | $9.6m50.0k 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 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 |
|---|---|---|---|---|---|
| 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 |
| Q2 2025 | 0 | — | 0 | — | — |
| Q3 2025 | 0 | — | 1 | $150.0k | — |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2025-07-31 | Font Juan SVP, Pres. & CEO, CoreSite | Sold | $150.0k720 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 2025
| Manager | Shares | Change |
|---|---|---|
| VANGUARD GROUP INC 0.18% of their portfolio | 63.6m $12.2bn | Added +611.8k |
| BlackRock, Inc. 0.15% of their portfolio | 45.4m $8.7bn | Reduced -255.8k |
| JPMORGAN CHASE & CO 0.19% of their portfolio | 30.8m $5.9bn | Added +18.1m |
| STATE STREET CORP 0.14% of their portfolio | 20.9m $4.1bn | Reduced -197.8k |
| COHEN & STEERS, INC. 4.68% of their portfolio | 13.5m $2.6bn | Reduced -402.1k |
| GEODE CAPITAL MANAGEMENT, LLC 0.16% of their portfolio | 13.3m $2.5bn | Added +166.8k |
| FMR LLC 0.12% of their portfolio | 12.2m $2.4bn | Reduced -1.3m |
| MORGAN STANLEY 0.12% of their portfolio | 10.0m $1.9bn | Added +836.6k |
| DEUTSCHE BANK AG\ 0.49% of their portfolio | 7.5m $1.4bn | Added +369.1k |
| Invesco Ltd. 0.21% of their portfolio | 6.9m $1.3bn | Added +208.1k |
| DIMENSIONAL FUND ADVISORS LP 0.26% of their portfolio | 6.4m $1.2bn | Reduced -229.1k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.13% of their portfolio | 6.2m $1.2bn | Reduced -1.4m |
| PRINCIPAL FINANCIAL GROUP INC 0.58% of their portfolio | 6.0m $1.2bn | Reduced -98.8k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.17% of their portfolio | 5.6m $1.1bn | Reduced -6.8k |
| NORTHERN TRUST CORP 0.13% of their portfolio | 5.4m $1.0bn | Reduced -66.3k |
| FRANKLIN RESOURCES INC 0.26% of their portfolio | 5.4m $1.0bn | Reduced -33.4k |
| GOLDMAN SACHS GROUP INC 0.15% of their portfolio | 5.3m $1.0bn | Added +528.9k |
| Capital Research Global Investors 0.18% of their portfolio | 4.9m $947.1m | Added +15.1k |
| Legal & General Group Plc 0.20% of their portfolio | 4.7m $894.9m | Added +159.2k |
| LAZARD ASSET MANAGEMENT LLC 1.16% of their portfolio | 4.5m $858.6m | Added +4.3m |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.19% of their portfolio | 4.4m $852.1m | Reduced -1.1m |
| Capital World Investors 0.11% of their portfolio | 4.2m $809.4m | Added +168.5k |
| AMERIPRISE FINANCIAL INC 0.18% of their portfolio | 4.2m $801.5m | Reduced -209.6k |
| Nuveen, LLC 0.21% of their portfolio | 4.1m $784.4m | Reduced -241.8k |
| BANK OF AMERICA CORP /DE/ 0.06% of their portfolio | 4.0m $767.2m | Reduced -66.2k |
| Clearbridge Investments, LLC 0.53% of their portfolio | 3.7m $707.2m | Added +69.8k |
| UBS Group AG 0.14% of their portfolio | 3.7m $707.0m | Added +525.6k |
| WELLS FARGO & COMPANY/MN 0.12% of their portfolio | 3.2m $608.2m | Added +28.6k |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 0.18% of their portfolio | 3.0m $580.6m | Reduced -586.1k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.34% of their portfolio | 2.8m $537.7m | Added +724.5k |
| Bank of New York Mellon Corp 0.10% of their portfolio | 2.8m $530.5m | Reduced -31.4k |
| WELLINGTON MANAGEMENT GROUP LLP 0.09% of their portfolio | 2.6m $499.6m | Reduced -5.0m |
| Amundi 0.13% of their portfolio | 2.1m $394.3m | Reduced -842.6k |
| Heard Capital LLC 10.00% of their portfolio | 2.0m $390.9m | Added +1.2m |
| AMERICAN CENTURY COMPANIES INC 0.19% of their portfolio | 1.9m $363.9m | Added +265.3k |
| Fisher Asset Management, LLC 0.13% of their portfolio | 1.8m $352.9m | Added +14.7k |
| Cantillon Capital Management LLC 1.92% of their portfolio | 1.8m $349.2m | Reduced -20.0k |
| NEUBERGER BERMAN GROUP LLC 0.24% of their portfolio | 1.7m $328.2m | Reduced -47.9k |
| BARROW HANLEY MEWHINNEY & STRAUSS LLC 0.97% of their portfolio | 1.6m $305.9m | New |
| BARCLAYS PLC 0.11% of their portfolio | 1.6m $304.7m | Added +744.0k |
| NORDEA INVESTMENT MANAGEMENT AB 0.27% of their portfolio | 1.6m $303.8m | Added +45.9k |
| HSBC HOLDINGS PLC 0.18% of their portfolio | 1.6m $298.3m | Added +90.6k |
| Capital International Investors 0.05% of their portfolio | 1.5m $289.7m | Added +7.9k |
| CIBC Private Wealth Group LLC 0.47% of their portfolio | 1.4m $273.0m | Reduced -28.3k |
| ROYAL BANK OF CANADA 0.05% of their portfolio | 1.4m $267.0m | Reduced -1.5m |
| LORING WOLCOTT & COOLIDGE FIDUCIARY ADVISORS LLP/MA 2.30% of their portfolio | 1.4m $262.2m | Reduced -14.5k |
| Swiss National Bank 0.15% of their portfolio | 1.3m $259.5m | Reduced -67.6k |
| California Public Employees Retirement System 0.16% of their portfolio | 1.3m $259.4m | Reduced -78.3k |
| Sumitomo Mitsui Trust Group, Inc. 0.14% of their portfolio | 1.2m $239.0m | Added +7.2k |
| National Pension Service 0.19% of their portfolio | 1.2m $238.5m | Added +30.4k |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.19% of their portfolio | 1.2m $232.0m | Added +487.9k |
| BNP PARIBAS FINANCIAL MARKETS 0.18% of their portfolio | 1.2m $228.4m | Added +742.4k |
| BESSEMER GROUP INC 0.34% of their portfolio | 1.2m $225.2m | Added +187.9k |
| RAYMOND JAMES FINANCIAL INC 0.07% of their portfolio | 1.1m $217.3m | Added +19.3k |
| Vontobel Holding Ltd. 0.65% of their portfolio | 1.1m $205.9m | Reduced -2.5k |
| RHUMBLINE ADVISERS 0.16% of their portfolio | 1.0m $198.5m | Reduced -46.9k |
| CANADA LIFE ASSURANCE Co 0.28% of their portfolio | 1.0m $197.9m | Added +37.0k |
| M&G PLC 1.03% of their portfolio | 1.0m $193.8m | Added +125.2k |
| Magellan Asset Management Ltd 2.29% of their portfolio | 1.0m $193.3m | Added +167.9k |
| US BANCORP \DE\ 0.22% of their portfolio | 976.1k $187.7m | Reduced -39.4k |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. 0.48% of their portfolio | 967.8k $186.1m | Added +3.3k |
| Mitsubishi UFJ Asset Management Co., Ltd. 0.13% of their portfolio | 939.2k $180.6m | Added +48.0k |
| COMMONWEALTH OF PENNSYLVANIA PUBLIC SCHOOL EMPLS RETRMT SYS 0.89% of their portfolio | 918.9k $176.7m | Added +141.4k |
| DUFF & PHELPS INVESTMENT MANAGEMENT CO 1.98% of their portfolio | 910.3k $175.1m | Added +32.4k |
| Russell Investments Group, Ltd. 0.20% of their portfolio | 900.1k $173.5m | Added +82.9k |
| DAVENPORT & Co LLC 0.91% of their portfolio | 871.7k $168.3m | Reduced -419 |
| Sarasin & Partners LLP 1.65% of their portfolio | 863.8k $168.1m | Added +87.3k |
| TWO SIGMA INVESTMENTS, LP 0.24% of their portfolio | 804.8k $154.8m | Added +708.2k |
| SEI INVESTMENTS CO 0.17% of their portfolio | 801.3k $154.1m | Reduced -114.8k |
| STOREBRAND ASSET MANAGEMENT AS 0.41% of their portfolio | 796.4k $153.2m | Added +99.9k |
| BLAIR WILLIAM & CO/IL 0.40% of their portfolio | 782.0k $150.4m | Added +8.9k |
| CITIGROUP INC 0.10% of their portfolio | 753.7k $145.0m | Added +212.9k |
| Aberdeen Group plc 0.22% of their portfolio | 726.7k $139.4m | Added +27.5k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.14% of their portfolio | 723.0k $139.0m | Reduced -1.9k |
| Ensign Peak Advisors, Inc 0.22% of their portfolio | 712.8k $137.1m | Reduced -64.2k |
| CBRE INVESTMENT MANAGEMENT LISTED REAL ASSETS LLC 1.82% of their portfolio | 663.8k $127.7m | Reduced -135.0k |
| Corient Private Wealth LP 0.19% of their portfolio | 636.7k $120.0m | Reduced -8.6k |
| CANADA PENSION PLAN INVESTMENT BOARD 0.09% of their portfolio | 633.5k $121.8m | Added +161.4k |
| ENVESTNET ASSET MANAGEMENT INC 0.04% of their portfolio | 632.5k $121.6m | Reduced -147.8k |
| Point72 Asset Management, L.P. 0.26% of their portfolio | 620.1k $119.3m | Reduced -477.3k |
| MACQUARIE GROUP LTD 0.14% of their portfolio | 618.2k $118.9m | Added +27.2k |
| Swedbank AB 0.12% of their portfolio | 611.8k $117.7m | Added +16.9k |
| Allianz Asset Management GmbH 0.14% of their portfolio | 608.0k $116.9m | Added +311.2k |
| Man Group plc 0.22% of their portfolio | 603.0k $116.0m | Added +235.0k |
| FEDERATED HERMES, INC. 0.20% of their portfolio | 585.2k $112.6m | Reduced -40.7k |
| Liontrust Investment Partners LLP 1.64% of their portfolio | 584.5k $112.4m | Reduced -30.8k |
| BANK OF MONTREAL /CAN/ 0.05% of their portfolio | 575.2k $110.6m | Added +10.8k |
| LPL Financial LLC 0.03% of their portfolio | 562.5k $108.2m | Added +123.2k |
| Korea Investment CORP 0.22% of their portfolio | 558.1k $107.3m | Added +190.2k |
| CITADEL ADVISORS LLC 0.09% of their portfolio | 555.6k $106.8m | New |
| PANAGORA ASSET MANAGEMENT INC 0.43% of their portfolio | 550.3k $105.8m | Added +200.0k |
| ALLIANCEBERNSTEIN L.P. 0.03% of their portfolio | 542.1k $104.3m | Reduced -972.8k |
| MACKENZIE FINANCIAL CORP 0.13% of their portfolio | 538.4k $103.5m | Reduced -95.2k |
| DekaBank Deutsche Girozentrale 0.17% of their portfolio | 535.4k $103.5m | Unchanged |
| BAMCO INC /NY/ 0.27% of their portfolio | 534.1k $102.7m | Reduced -33.7k |
| NEW YORK STATE COMMON RETIREMENT FUND 0.13% of their portfolio | 533.1k $102.5m | Reduced -36.9k |
| UniSuper Management Pty Ltd 0.57% of their portfolio | 483.3k $93.0m | Added +81.7k |
| LASALLE INVESTMENT MANAGEMENT SECURITIES LLC 3.65% of their portfolio | 483.3k $93.0m | Added +6.8k |
| AVIVA PLC 0.17% of their portfolio | 479.0k $92.1m | Added +29.4k |
| Pictet Asset Management Holding SA 0.09% of their portfolio | 476.2k $91.6m | Added +53.0k |