Crown Castle

CCI • NYSE

Crown Castle is a reit - specialty company in the real estate sector on NYSE, led by Christian H. Hillabrant, with a market cap of $39.4B. As of Q3 2025, 95% of shares are held by 1,026 institutional investors, with VANGUARD GROUP INC as the largest holder at 15.93%.

CEOChristian H. Hillabrant

Market Cap$39.4B

REIT - Specialty

Real Estate

Employees5.0K

Websitecrowncastle.com

Country

United States of America

Overview

Overview of institutional ownership in CCI as of Q3 2025 with a market cap of $42.0B

All Institutions

Institutions: 1,026
Value Held: $39.8B
Shares Held: 412.3M
Avg Position: $38.8M
Median Position: $980.8K

Hedge Funds

Hedge Funds: 64
Value Held: $1.2B
Shares Held: 12.4M
Avg Position: $18.7M
Median Position: $3.8M

Ownership Breakdown

Institutional (non-HF)

91.81%

$38.6B

Hedge Funds

2.86%

$1.2B

Retail & Other

5.34%

$2.2B

Based on market cap of $42.0B as of Q3 2025. Institutional (non-HF) excludes hedge funds to avoid double counting.

Biggest Investors

Institutions with the largest positions in CCI as of Q3 2025

Institution	Key People	Position Value	Ownership	Owned Since	Total AUM (Long)
VANGUARD GROUP INC Institution	Salim Ramji CEO	$6.7B 0.10% of portfolio	15.93% 69.4M shares	≤ Q2 2013 Held for 12y 6m+	$6.69T
BlackRock, Inc. Institution	Laurence D. Fink CEO	$4.4B 0.08% of portfolio	10.48% 45.6M shares	≤ Q2 2013 Held for 12y 6m+	$5.67T
COHEN & STEERS INC Institution	Joseph M. Harvey CEO	$3.5B 6.32% of portfolio	8.23% 35.8M shares	≤ Q2 2013 Held for 12y 6m+	$54.7B
STATE STREET CORP Institution	Ronald P. O'Hanley CEO	$2.1B 0.07% of portfolio	4.99% 21.7M shares	≤ Q2 2013 Held for 12y 6m+	$2.88T
WELLINGTON MANAGEMENT CO LLP Long Only Manager	Jean Marie Hynes CEO	$1.3B 0.23% of portfolio	3.12% 13.6M shares	Q1 2016 Held for 9y 9m	$571.21B
GEODE CAPITAL MANAGEMENT LLC ETF Provider	David Kenneth Lane CEO	$1.2B 0.08% of portfolio	2.95% 12.8M shares	≤ Q2 2013 Held for 12y 6m+	$1.57T
MORGAN STANLEY RIA/Wealth	Jed Finn CEO	$1.0B 0.06% of portfolio	2.48% 10.8M shares	≤ Q2 2013 Held for 12y 6m+	$1.65T
FMR LLC Institution	-	$765.2M 0.04% of portfolio	1.82% 7.9M shares	≤ Q2 2013 Held for 12y 6m+	$1.92T
Invesco Ltd. ETF Provider	Brian Christopher Hartigan CEO	$621.2M 0.10% of portfolio	1.48% 6.4M shares	≤ Q2 2013 Held for 12y 6m+	$633.08B
DIMENSIONAL FUND ADVISORS LP Long Only Manager	David Paul Butler CEO	$596.9M 0.13% of portfolio	1.42% 6.2M shares	≤ Q2 2013 Held for 12y 6m+	$466.34B

Net Capital Flow

Institutional buying and selling activity for CCI in Q3 2025

Traded: +$1.4B
Buyers: 480
Sellers: 503
Total Bought: +$3.9B
Total Sold: −$2.5B
Avg Position: $35.4M

Biggest Buyers

Institution	Net Bought	Current Position
COHEN & STEERS INC Institution	+$532.0M +5.5M shares	$3.5B 35.8M shares
UBS GLOBAL ASSET MANAGEMENT AMERICAS INC Long Only Manager	+$369.1M +3.8M shares	$431.4M 4.5M shares
C CANADA PENSION PLAN INVESTMENT BOARD Institution	+$247.7M +2.6M shares	$320.8M 3.3M shares
UBS Group AG Institution	+$219.1M +2.3M shares	$475.0M 4.9M shares
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	+$184.5M +1.9M shares	$201.5M 2.1M shares
Clearbridge Investments, LLC Long Only Manager	+$166.7M +1.7M shares	$166.7M 1.7M shares
Invesco Ltd. ETF Provider	+$154.9M +1.6M shares	$621.2M 6.4M shares
B BROOKFIELD ASSET MANAGEMENT INC. RIA/Wealth	+$138.9M +1.4M shares	$216.4M 2.2M shares
A ANTIPODES PARTNERS Ltd Hedge Fund•Long/Short	+$121.7M +1.3M shares	$121.7M 1.3M shares
D Daiwa Securities Group Inc. Institution	+$112.7M +1.2M shares	$379.3M 3.9M shares

Biggest Sellers

Institution	Net Sold	Current Position
WELLINGTON MANAGEMENT CO LLP Long Only Manager	−$520.9M −5.4M shares	$1.3B 13.6M shares
FMR LLC Institution	−$331.9M −3.4M shares	$765.2M 7.9M shares
N NATIONAL BANK OF CANADA /FI/ Institution	−$226.8M −2.4M shares	$51.8M 537.3K shares
B BILL & MELINDA GATES FOUNDATION TRUST Institution	−$145.9M −1.4M shares	Sold Off 0 shares
M MANUFACTURERES LIFE INSURANCE CO Institution	−$122.9M −1.3M shares	$200.7M 2.1M shares
JPMORGAN CHASE & CO Institution	−$106.7M −1.1M shares	$246.2M 2.6M shares
GOLDMAN SACHS GROUP INC Institution	−$105.7M −1.1M shares	$259.9M 2.7M shares
M Mitsubishi UFJ Trust & Banking Corp Institution	−$89.3M −925.2K shares	$20.3M 209.9K shares
N NATIXIS Institution	−$80.1M −830.1K shares	$30.0M 311.3K shares
PANAGORA ASSET MANAGEMENT INC Hedge Fund•Quant	−$61.2M −595.4K shares	Sold Off 0 shares

Entry and Exit Activity

Institutions that initiated new positions or completely exited CCI in Q3 2025

New Positions: 29
New Value: $154.3M
Exited Positions: 98
Exited Value: $328.2M

New Positions

Institution	Position Value
A ANTIPODES PARTNERS Ltd Hedge Fund•Long/Short	$121.7M 1.3M shares
Point72 Ltd RIA/Wealth	$11.4M 117.7K shares
Hudson Bay Capital Management LP Hedge Fund•Multi-Strategy	$9.5M 98.0K shares
Channing Capital Management, LLC Long Only Manager	$4.9M 51.0K shares
STANCE CAPITAL LLC Long Only Manager	$1.4M 14.5K shares
W WIN ADVISORS, INC RIA/Wealth	$1.1M 11.2K shares
B BRANT POINT INVESTMENT MANAGEMENT LLC Hedge Fund•Long/Short	$964.9K 10.0K shares
T TEMA ETFS LLC Institution	$761.2K 7.9K shares
VestGen Advisors, LLC RIA/Wealth	$510.0K 5.3K shares
T Torrey Growth & Income Advisors RIA/Wealth	$415.9K 4.3K shares

Exited Positions

Institution	Previous Position
B BILL & MELINDA GATES FOUNDATION TRUST Institution	$145.9M 1.4M shares
PANAGORA ASSET MANAGEMENT INC Hedge Fund•Quant	$61.2M 595.4K shares
Ceredex Value Advisors LLC Long Only Manager	$29.9M 291.5K shares
Benchstone Capital Management LP Hedge Fund•Long/Short	$14.5M 141.3K shares
WORLDQUANT MILLENNIUM QUANTITATIVE STRATEGIES LLC Hedge Fund•Multi-Strategy	$10.2M 99.6K shares
CAISSE DE DEPOT ET PLACEMENT DU QUEBEC Fund of Funds	$8.5M 82.4K shares
A Andra AP-fonden Institution	$8.4M 82.2K shares
F First American Bank Institution	$6.2M 60.8K shares
A AXA Institution	$3.9M 38.4K shares
L Leo Wealth, LLC Institution	$3.8M 37.1K shares

Options Activity

Institutions with the largest Call and Put options positions in CCI as of Q3 2025

Call Positions: 29
Call Value: $170.7M
Put Positions: 25
Put Value: $121.4M

Call Positions

Institution	Position Value
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	$48.7M 5.1K contracts
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	$35.4M 3.7K contracts
T Twin Tree Management, LP Hedge Fund•Vol Arbitrage	$26.9M 2.8K contracts
J JANE STREET GROUP, LLC Institution	$11.1M 1.2K contracts
W WOLVERINE TRADING, LLC Institution	$10.6M 1.1K contracts
TUDOR INVESTMENT CORP ET AL Hedge Fund•Multi-Strategy	$9.0M 934.0 contracts
CAPITAL FUND MANAGEMENT S.A. Hedge Fund•Quant Macro	$7.8M 809.0 contracts
Q Qube Research & Technologies Ltd Institution	$4.4M 460.0 contracts
Colony Capital, Inc. Institution	$3.3M 337.0 contracts
S Squarepoint Ops LLC Hedge Fund•Quant	$2.8M 295.0 contracts

Put Positions

Institution	Position Value
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	$28.7M 3.0K contracts
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	$15.0M 1.6K contracts
Caption Management, LLC Hedge Fund•Long/Short	$13.1M 1.4K contracts
CAPITAL FUND MANAGEMENT S.A. Hedge Fund•Quant Macro	$12.8M 1.3K contracts
Hudson Bay Capital Management LP Hedge Fund•Multi-Strategy	$10.0M 1.0K contracts
Walleye Trading LLC RIA/Wealth	$6.7M 694.0 contracts
W WOLVERINE TRADING, LLC Institution	$6.3M 660.0 contracts
J JANE STREET GROUP, LLC Institution	$4.6M 476.0 contracts
TUDOR INVESTMENT CORP ET AL Hedge Fund•Multi-Strategy	$4.4M 453.0 contracts
Q Qube Research & Technologies Ltd Institution	$3.7M 387.0 contracts

Most Committed Institutions

Institutions with CCI as the highest % of their portfolio as of Q3 2025

Institution	Key People	Portfolio Weight	Ownership	Owned Since	Total AUM (Long)
CADEN CAPITAL PARTNERS, LP Hedge Fund•Long/Short	Barry Jason Simon Managing Partner	13.51% $32.6M	0.08% 337.8K shares	Q4 2022 Held for 3 years	$241.2M
GRS Advisors, LLC Real Assets	Michael Jacob Geller CIO	11.69% $124.9M	0.30% 1.3M shares	Q2 2025 Held for 6 months	$1.1B
COHEN & STEERS INC Institution	Joseph M. Harvey CEO	6.32% $3.5B	8.23% 35.8M shares	≤ Q2 2013 Held for 12y 6m+	$54.7B
MEKETA INVESTMENT GROUP INC /ADV Fund of Funds	Peter Scott Woolley CEO	4.20% $1.3M	0.00% 13.3K shares	Q4 2024 Held for 1 year	$30.5M
GARRISON BRADFORD & ASSOCIATES INC RIA/Wealth	Sherli Sf Looi President	3.56% $3.3M	0.01% 34.5K shares	Q2 2025 Held for 6 months	$93.6M
Skylands Capital, LLC Hedge Fund•Multi-Strategy	Virginia Elizabeth Shaffar President	3.29% $23.8M	0.06% 246.8K shares	≤ Q2 2013 Held for 12y 6m+	$723.8M
LDR Capital Management LLC Hedge Fund•Sector	Lawrence David Raiman CIO	2.97% $1.1M	0.00% 11.3K shares	Q3 2023 Held for 2y 3m	$36.7M
Timbercreek Asset Management Ltd. Real Assets	Corrado Roberto Russo Managing Partner	2.85% $15.2M	0.04% 157.1K shares	Q3 2025 Held for 3 months	$530.9M
A ANTIPODES PARTNERS Ltd Hedge Fund•Long/Short	Andrew Findlay CEO	2.73% $121.7M	0.29% 1.3M shares	Q3 2025 Held for 3 months	$4.5B
L LRT Capital Management, LLC Institution	-	2.67% $4.0M	0.01% 41.8K shares	Q1 2023 Held for 2y 9m	$150.9M

Hedge Fund Spotlight

Discover hedge funds investing in CCI

CADEN CAPITAL PARTNERS, LP

Hedge Fund • Long/Short

Portfolio ManagerBarry Jason Simon

Portfolio Value: $241.2M
Positions: 10
Last Reported: Q3 2025

Sector Allocation

Position in Crown Castle

Market Value: $32.6M
Shares Held: 337.8K
Portfolio Weight: 13.51%
Owned Since: 2022-Q4

Top Holding	Sector	Market Value	Weight
1 PG&E PCG	Regulated Electric Utilities	$40.0M	16.58%
2 Danaher DHR	Medical - Diagnostics & Research Healthcare	$34.2M	14.16%
3 Crown Castle CCI	REIT - Specialty Real Estate	$32.6M	13.51%