CROWN CASTLE INC CCI
COM · REIT · CUSIP 22822V101 · ISIN US22822V1017
American communications infrastructure company
- SectorReal estate
- IndustryReal Estate Investment Trusts
- HeadquartersHouston, TX
- Founded1994
- Websitecrowncastle.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 ($161.9m this quarter). Holder counts are more reliable. Shares outstanding: 433.0m as of 2022-11-02, 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 ≈ $135.65. Options: 35 managers hold calls ($252.9m notional), 21 hold puts ($101.2m).
Trends to Q4 2022
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 1,295 |
| Q4 2022 | 1,325 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2022 | $245.6m | $180.8m | 0.74 |
| Q4 2022 | $252.9m | $101.2m | 0.40 |
Biggest buyers
| WELLINGTON MANAGEMENT GROUP LLP | Added | +2.7m |
| Mitsubishi UFJ Trust & Banking Corp | Added | +1.9m |
| Fisher Asset Management, LLC | Added | +1.6m |
| CITADEL ADVISORS LLC | Added | +1.1m |
| MILLENNIUM MANAGEMENT LLC | Added | +733.7k |
| NORGES BANK | Added | +628.8k |
| BANK OF AMERICA CORP /DE/ | Added | +507.8k |
| M&G INVESTMENT MANAGEMENT LTD | Added | +451.7k |
| Brookfield Corp /ON/ | Added | +416.4k |
| Man Group plc | Added | +381.8k |
Biggest sellers
| Capital Research Global Investors | Reduced | -3.0m |
| Magellan Asset Management Ltd | Reduced | -2.9m |
| FMR LLC | Reduced | -2.3m |
| BlackRock Inc. | Reduced | -1.7m |
| Capital World Investors | Reduced | -1.3m |
| DEUTSCHE BANK AG\ | Reduced | -1.1m |
| Amundi | Reduced | -928.9k |
| PRICE T ROWE ASSOCIATES INC /MD/ | Reduced | -756.1k |
| Capital International Investors | Reduced | -450.4k |
| JANUS HENDERSON GROUP PLC | Reduced | -434.8k |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $72.5m534.5k shares |
| CITADEL ADVISORS LLC | Added | $45.8m337.4k shares |
| Twin Tree Management, LP | Reduced | $17.5m128.9k shares |
| JANE STREET GROUP, LLC | Reduced | $14.7m108.1k shares |
| SIMPLEX TRADING, LLC | Added | $12.9m94.8k shares |
| Parallax Volatility Advisers, L.P. | Added | $12.4m91.4k shares |
| JPMORGAN CHASE & CO | Added | $10.2m75.0k shares |
| CAPITAL FUND MANAGEMENT S.A. | Added | $9.5m70.1k shares |
| D. E. Shaw & Co., Inc. | Added | $8.5m62.8k shares |
| WOLVERINE TRADING, LLC | Added | $8.2m60.3k shares |
Biggest puts
| CITADEL ADVISORS LLC | Added | $35.3m260.1k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $13.9m102.3k shares |
| CAPITAL FUND MANAGEMENT S.A. | Added | $12.7m93.3k shares |
| Walleye Trading LLC | Reduced | $8.7m64.2k shares |
| PEAK6 Investments LLC | New | $5.8m43.0k shares |
| WOLVERINE TRADING, LLC | Reduced | $5.2m38.3k shares |
| CITIGROUP INC | Reduced | $4.1m30.0k shares |
| D. E. Shaw & Co., Inc. | Reduced | $3.0m22.3k shares |
| TUDOR INVESTMENT CORP ET AL | New | $2.5m18.3k shares |
| MILLENNIUM MANAGEMENT LLC | Reduced | $1.6m12.0k 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 |
|---|---|
| COHEN & STEERS, INC. 13G · institution +1.0 pts · filed 2026-05-15 | 9.3% |
| BlackRock, Inc. 13G · institution filed 2025-04-17 | 8.9% |
| VANGUARD PORTFOLIO MANAGEMENT LLC 13G · institution new · filed 2026-04-29 | 8.6% |
| VANGUARD CAPITAL MANAGEMENT LLC 13G · institution new · filed 2026-04-29 | 7.5% |
| STATE STREET CORP 13G · institution new · filed 2026-02-09 | 5.1% |
Fell to 5% or below in the last year: VANGUARD GROUP INC (0.0%, 2026-03-26; now reported by VANGUARD PORTFOLIO MANAGEMENT LLC)
Insider purchases and sales in Q4 2022
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 |
|---|---|---|---|---|---|
| Q1 2021 | 0 | — | 0 | — | — |
| Q2 2021 | 0 | — | 0 | — | — |
| Q3 2021 | 0 | — | 0 | — | — |
| Q4 2021 | 1 | $198.3k | 0 | — | — |
| Q1 2022 | 1 | $324.6k | 1 | $441.0k | — |
| Q2 2022 | 0 | — | 3 | $3.3m | — |
| Q3 2022 | 2 | $126.0k | 0 | — | — |
| Q4 2022 | 2 | $397.4k | 0 | — | — |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2022-10-24 | Stephens Kevin A Director | Bought | $247.0k2.0k shares |
| 2022-10-21 | Thornton Matthew III Director | Bought | $150.4k1.2k 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, Q4 2022
| Manager | Shares | Change |
|---|---|---|
| VANGUARD GROUP INC 0.21% of their portfolio | 57.1m $7.7bn | Added +181.3k |
| BlackRock Inc. 0.14% of their portfolio | 32.0m $4.3bn | Reduced -1.7m |
| STATE STREET CORP 0.16% of their portfolio | 20.6m $2.8bn | Added +100.8k |
| Capital International Investors 0.65% of their portfolio | 17.8m $2.4bn | Reduced -450.4k |
| BANK OF AMERICA CORP /DE/ 0.24% of their portfolio | 14.3m $1.9bn | Added +507.8k |
| MORGAN STANLEY 0.17% of their portfolio | 11.3m $1.5bn | Added +203.1k |
| Capital World Investors 0.29% of their portfolio | 9.9m $1.3bn | Reduced -1.3m |
| Capital Research Global Investors 0.40% of their portfolio | 9.8m $1.3bn | Reduced -3.0m |
| GEODE CAPITAL MANAGEMENT, LLC 0.17% of their portfolio | 8.9m $1.2bn | Added +185.0k |
| FMR LLC 0.12% of their portfolio | 8.7m $1.2bn | Reduced -2.3m |
| COHEN & STEERS, INC. 2.55% of their portfolio | 8.5m $1.2bn | Added +196.7k |
| WELLINGTON MANAGEMENT GROUP LLP 0.19% of their portfolio | 7.1m $961.2m | Added +2.7m |
| DEUTSCHE BANK AG\ 0.51% of their portfolio | 6.5m $880.8m | Reduced -1.1m |
| Aristotle Capital Management, LLC 1.86% of their portfolio | 6.5m $878.2m | Reduced -339.8k |
| ROYAL BANK OF CANADA 0.25% of their portfolio | 6.0m $818.7m | Added +280.2k |
| DIMENSIONAL FUND ADVISORS LP 0.27% of their portfolio | 5.6m $760.1m | Reduced -200.3k |
| NORTHERN TRUST CORP 0.15% of their portfolio | 5.3m $720.9m | Reduced -194.5k |
| Invesco Ltd. 0.20% of their portfolio | 5.1m $688.3m | Reduced -127.1k |
| Legal & General Group Plc 0.25% of their portfolio | 4.9m $660.6m | Added +212.1k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.21% of their portfolio | 4.8m $649.0m | Reduced -54.1k |
| NORGES BANK 0.15% of their portfolio | 4.7m $642.1m | Added +628.8k |
| Fisher Asset Management, LLC 0.42% of their portfolio | 4.6m $626.7m | Added +1.6m |
| Nuveen Asset Management, LLC 0.19% of their portfolio | 3.6m $490.8m | Added +175.5k |
| AMERIPRISE FINANCIAL INC 0.16% of their portfolio | 3.4m $454.8m | Added +9.4k |
| Bank of New York Mellon Corp 0.10% of their portfolio | 3.3m $446.9m | Reduced -12.2k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.20% of their portfolio | 2.8m $384.4m | Added +70.3k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.06% of their portfolio | 2.8m $379.1m | Reduced -756.1k |
| California Public Employees Retirement System 0.30% of their portfolio | 2.6m $351.2m | Reduced -141.4k |
| WELLS FARGO & COMPANY/MN 0.11% of their portfolio | 2.5m $341.2m | Added +55.4k |
| FRANKLIN RESOURCES INC 0.17% of their portfolio | 2.5m $335.4m | Reduced -258.5k |
| LAZARD ASSET MANAGEMENT LLC 0.43% of their portfolio | 2.3m $312.2m | Reduced -126.1k |
| Mitsubishi UFJ Trust & Banking Corp 0.77% of their portfolio | 2.2m $296.9m | Added +1.9m |
| LONDON CO OF VIRGINIA 1.70% of their portfolio | 2.1m $288.3m | Reduced -27.8k |
| FEDERATED HERMES, INC. 0.69% of their portfolio | 1.8m $250.8m | Added +366.2k |
| PICTET ASSET MANAGEMENT SA 0.35% of their portfolio | 1.8m $243.3m | Reduced -10.1k |
| Bahl & Gaynor LLC 1.51% of their portfolio | 1.8m $241.3m | Reduced -182.2k |
| GOLDMAN SACHS GROUP INC 0.07% of their portfolio | 1.8m $240.0m | Reduced -136.9k |
| Swiss National Bank 0.17% of their portfolio | 1.8m $238.7m | Reduced -116.7k |
| M&G INVESTMENT MANAGEMENT LTD 1.70% of their portfolio | 1.7m $230.0m | Added +451.7k |
| Brookfield Corp /ON/ 0.84% of their portfolio | 1.6m $220.6m | Added +416.4k |
| JPMORGAN CHASE & CO 0.03% of their portfolio | 1.6m $218.3m | Added +129.4k |
| UBS Group AG 0.10% of their portfolio | 1.6m $214.5m | Added +326.8k |
| ENVESTNET ASSET MANAGEMENT INC 0.11% of their portfolio | 1.6m $213.8m | Added +73.3k |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.13% of their portfolio | 1.6m $210.9m | Reduced -242.5k |
| RAYMOND JAMES & ASSOCIATES 0.19% of their portfolio | 1.5m $210.0m | Added +78.3k |
| GATES FOUNDATION TRUST 0.54% of their portfolio | 1.4m $192.6m | Unchanged |
| STIFEL FINANCIAL CORP 0.29% of their portfolio | 1.4m $192.2m | Added +213.4k |
| TRUIST FINANCIAL CORP 0.33% of their portfolio | 1.4m $185.5m | Reduced -239.9k |
| CBRE INVESTMENT MANAGEMENT LISTED REAL ASSETS LLC 3.10% of their portfolio | 1.3m $177.8m | Added +82.8k |
| Sumitomo Mitsui Trust Group, Inc. 0.14% of their portfolio | 1.3m $172.9m | Reduced -33.9k |
| CITADEL ADVISORS LLC 0.19% of their portfolio | 1.2m $164.8m | Added +1.1m |
| NEUBERGER BERMAN GROUP LLC 0.16% of their portfolio | 1.2m $162.4m | Reduced -142.6k |
| MILLENNIUM MANAGEMENT LLC 0.17% of their portfolio | 1.1m $153.7m | Added +733.7k |
| CREDIT SUISSE AG/ 0.16% of their portfolio | 1.1m $150.5m | Reduced -7.9k |
| Magellan Asset Management Ltd 1.29% of their portfolio | 1.1m $150.5m | Reduced -2.9m |
| CANADA PENSION PLAN INVESTMENT BOARD 0.26% of their portfolio | 1.1m $147.5m | Reduced -357.0k |
| J.P. Morgan Private Wealth Advisors LLC 0.32% of their portfolio | 1.0m $141.7m | Added +35.1k |
| ClearBridge Investments Ltd 3.99% of their portfolio | 965.2k $130.9m | Reduced -400.7k |
| Pacer Advisors, Inc. 0.66% of their portfolio | 955.2k $129.6m | Reduced -51.1k |
| PRINCIPAL FINANCIAL GROUP INC 0.10% of their portfolio | 935.1k $126.8m | Reduced -89.3k |
| Amundi 0.07% of their portfolio | 873.4k $132.4m | Reduced -928.9k |
| RHUMBLINE ADVISERS 0.16% of their portfolio | 863.1k $117.1m | Added +31.6k |
| DUFF & PHELPS INVESTMENT MANAGEMENT CO 1.39% of their portfolio | 842.7k $114.3m | Added +94.3k |
| Williams Jones Wealth Management, LLC. 1.83% of their portfolio | 803.8k $109.0m | Reduced -14.8k |
| EAGLE ASSET MANAGEMENT INC 0.68% of their portfolio | 798.2k $110.4m | Reduced -2.9k |
| BANK OF MONTREAL /CAN/ 0.05% of their portfolio | 790.6k $108.9m | Added +262.3k |
| Ninety One UK Ltd 0.33% of their portfolio | 758.1k $102.8m | Added +201.2k |
| National Pension Service 0.20% of their portfolio | 752.6k $102.1m | Added +44.9k |
| NEW YORK STATE COMMON RETIREMENT FUND 0.14% of their portfolio | 749.6k $101.7m | Reduced -156 |
| Maple-Brown Abbott Ltd 11.88% of their portfolio | 749.3k $101.6m | Added +247.4k |
| CITIGROUP INC 0.14% of their portfolio | 748.3k $101.5m | Reduced -429.3k |
| Man Group plc 0.36% of their portfolio | 745.0k $101.0m | Added +381.8k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.16% of their portfolio | 740.8k $100.5m | Added +10.0k |
| BARCLAYS PLC 0.09% of their portfolio | 739.8k $100.4m | First filing |
| NORDEA INVESTMENT MANAGEMENT AB 0.15% of their portfolio | 687.0k $94.1m | Reduced -9.7k |
| LPL Financial LLC 0.08% of their portfolio | 681.9k $92.5m | Added +94.7k |
| HSBC HOLDINGS PLC 0.11% of their portfolio | 658.5k $89.3m | Added +220.3k |
| Sarasin & Partners LLP 1.15% of their portfolio | 648.6k $88.0m | Reduced -39.5k |
| DekaBank Deutsche Girozentrale 0.23% of their portfolio | 627.4k $86.3m | Added +30.4k |
| COMMONWEALTH OF PENNSYLVANIA PUBLIC SCHOOL EMPLS RETRMT SYS 0.71% of their portfolio | 617.1k $83.7m | Added +77.6k |
| ALLIANCEBERNSTEIN L.P. 0.04% of their portfolio | 608.1k $82.5m | Added +8.4k |
| Retirement Systems of Alabama 0.36% of their portfolio | 605.2k $82.1m | Reduced -12.7k |
| D. E. Shaw & Co., Inc. 0.14% of their portfolio | 599.7k $81.3m | Added +360.7k |
| Korea Investment CORP 0.25% of their portfolio | 597.0k $81.0m | Reduced -232.3k |
| CANADA LIFE ASSURANCE Co 0.21% of their portfolio | 588.5k $80.3m | Added +24.7k |
| PNC Financial Services Group, Inc. 0.08% of their portfolio | 583.9k $79.2m | Reduced -452 |
| FIRST TRUST ADVISORS LP 0.09% of their portfolio | 580.2k $78.7m | Added +86.8k |
| DAVENPORT & Co LLC 0.64% of their portfolio | 568.3k $77.5m | Added +106.6k |
| JANUS HENDERSON GROUP PLC 0.05% of their portfolio | 558.3k $75.7m | Reduced -434.8k |
| SEI INVESTMENTS CO 0.16% of their portfolio | 542.4k $73.6m | Added +9.2k |
| Ceredex Value Advisors LLC 1.08% of their portfolio | 515.7k $69.9m | Added +62.5k |
| MACKENZIE FINANCIAL CORP 0.12% of their portfolio | 507.1k $68.8m | Reduced -80.5k |
| NISA INVESTMENT ADVISORS, LLC 0.53% of their portfolio | 493.1k $66.9m | Added +223.1k |
| Uniplan Investment Counsel, Inc. 4.71% of their portfolio | 488.3k $66.2m | Reduced -17.0k |
| CENTERSQUARE INVESTMENT MANAGEMENT LLC 0.77% of their portfolio | 486.8k $66.0m | Added +14.5k |
| Quadrature Capital Ltd 1.96% of their portfolio | 486.6k $66.0m | Added +246.2k |
| Capital Group Private Client Services, Inc. 0.83% of their portfolio | 482.7k $65.5m | Reduced -9.2k |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.16% of their portfolio | 480.6k $65.2m | Reduced -2.9k |
| HUNTINGTON NATIONAL BANK 0.67% of their portfolio | 474.3k $64.3m | Reduced -14.3k |
| ADAGE CAPITAL PARTNERS GP, L.L.C. 0.15% of their portfolio | 465.0k $63.1m | Added +23.8k |