Clear Channel Outdoor Holdings, Inc.

CCO • NYSE

Clear Channel Outdoor Holdings, Inc. is a advertising agencies company in the communication services sector on NYSE, led by Scott R. Wells, with a market cap of $1.0B. As of Q3 2025, 72% of shares are held by 180 institutional investors, with Allianz Asset Management AG as the largest holder at 21.07%.

Chief Executive OfficerScott R. Wells

Market Cap$1.0B

Advertising Agencies

Communication Services

Employees3.9K

Websiteclearchanneloutdoor.com

Country

United States of America

Overview

Overview of institutional ownership in CCO as of Q3 2025 with a market cap of $785.3M

All Institutions

Institutions: 180
Value Held: $568.3M
Shares Held: 359.6M
Avg Position: $3.2M
Median Position: $262.1K

Hedge Funds

Hedge Funds: 41
Value Held: $134.9M
Shares Held: 85.4M
Avg Position: $3.3M
Median Position: $948.0K

Ownership Breakdown

Institutional (non-HF)

55.2%

$433.4M

Hedge Funds

17.17%

$134.9M

Retail & Other

27.63%

$217.0M

Based on market cap of $785.3M as of Q3 2025. Institutional (non-HF) excludes hedge funds to avoid double counting.

Biggest Investors

Institutions with the largest positions in CCO as of Q3 2025

Institution	Key People	Position Value	Ownership	Owned Since	Total AUM (Long)
A Allianz Asset Management AG Institution	-	$165.5M 0.20% of portfolio	21.07% 104.7M shares	Q2 2019 Held for 6y 5m	$80.9B
ARES MANAGEMENT LLC Private Equity	Michael J (Mi Only) Arougheti CEO	$65.1M 2.99% of portfolio	8.29% 41.2M shares	Q2 2019 Held for 6y 5m	$2.2B
Legion Partners Asset Management, LLC Hedge Fund•Activist	David Alan Katz COO	$41.2M 22.32% of portfolio	5.25% 26.1M shares	Q1 2021 Held for 4y 8m	$184.8M
VANGUARD GROUP INC Institution	Salim Ramji CEO	$33.9M 0.00% of portfolio	4.32% 21.5M shares	Q2 2019 Held for 6y 5m	$6.69T
Frigate Ventures LP RIA/Wealth	Anthony Lawrence Moore CFO	$28.8M 3.48% of portfolio	3.67% 18.2M shares	Q4 2023 Held for 1y 11m	$827.1M
MILLENNIUM MANAGEMENT LLC Hedge Fund•Multi-Strategy	Dan Michael Berkovitz Chairman	$18.8M 0.02% of portfolio	2.40% 11.9M shares	Q2 2019 Held for 6y 5m	$121.98B
MASON CAPITAL MANAGEMENT LLC Hedge Fund•Event Driven	Samuel Thornton Read Managing Partner	$15.5M 3.16% of portfolio	1.98% 9.8M shares	Q2 2019 Held for 6y 5m	$491.1M
G GAMCO INVESTORS, INC. ET AL Institution	-	$11.6M 0.11% of portfolio	1.48% 7.3M shares	Q2 2019 Held for 6y 5m	$10.3B
B BlackRock, Inc. Institution	-	$11.1M 0.00% of portfolio	1.41% 7.0M shares	Q2 2019 Held for 6y 5m	$5.67T
JPMORGAN CHASE & CO Institution	Jamie Dimon CEO	$10.6M 0.00% of portfolio	1.36% 6.7M shares	Q2 2019 Held for 6y 5m	$1.56T

Net Capital Flow

Institutional buying and selling activity for CCO in Q3 2025

Traded: −$30.9M
Buyers: 88
Sellers: 75
Total Bought: +$50.7M
Total Sold: −$81.6M
Avg Position: $2.8M

Biggest Buyers

Institution	Net Bought	Current Position
BARCLAYS PLC Institution	+$6.3M +4.0M shares	$6.5M 4.1M shares
E EVR Research LP Hedge Fund•Long/Short	+$4.0M +2.5M shares	$4.0M 2.5M shares
D DARK FOREST CAPITAL MANAGEMENT LP Pension/Endowment	+$3.6M +2.3M shares	$3.6M 2.3M shares
RENAISSANCE TECHNOLOGIES LLC Hedge Fund•Quant	+$3.1M +1.9M shares	$4.6M 2.9M shares
SUSQUEHANNA ADVISORS GROUP, INC. Private Equity	+$3.0M +1.9M shares	$3.0M 1.9M shares
H HRT FINANCIAL LLC Institution	+$2.9M +1.9M shares	$3.1M 2.0M shares
J JANE STREET GROUP, LLC Institution	+$2.3M +1.5M shares	$6.0M 3.8M shares
UBS Group AG Institution	+$2.2M +1.4M shares	$2.4M 1.5M shares
Jain Global LLC Hedge Fund•Multi-Strategy	+$2.0M +1.3M shares	$2.7M 1.7M shares
SCHWAB CHARLES INVESTMENT MANAGEMENT INC Long Only Manager	+$1.8M +1.1M shares	$7.6M 4.8M shares

Biggest Sellers

Institution	Net Sold	Current Position
ARES MANAGEMENT LLC Private Equity	−$23.1M −14.6M shares	$65.1M 41.2M shares
Diameter Capital Partners LP Hedge Fund•Credit Arb	−$17.6M −15.0M shares	Sold Off 0 shares
VANGUARD GROUP INC Institution	−$8.1M −5.1M shares	$33.9M 21.5M shares
PENN CAPITAL MANAGEMENT CO INC Long Only Manager	−$5.7M −4.9M shares	Sold Off 0 shares
MILLENNIUM MANAGEMENT LLC Hedge Fund•Multi-Strategy	−$5.4M −3.4M shares	$18.8M 11.9M shares
N NEW YORK STATE COMMON RETIREMENT FUND Institution	−$3.7M −3.1M shares	Sold Off 0 shares
UBS OCONNOR LLC Long Only Manager	−$3.2M −2.0M shares	$1.6M 1.0M shares
R READYSTATE ASSET MANAGEMENT LP Hedge Fund•Multi-Strategy	−$3.0M −1.9M shares	$5.6M 3.6M shares
Point72 Asset Management, L.P. Hedge Fund•Multi-Strategy	−$935.7K −592.2K shares	$948.0K 600.0K shares
R ROYAL BANK OF CANADA Institution	−$797.4K −504.7K shares	$2.2M 1.4M shares

Entry and Exit Activity

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

New Positions: 14
New Value: $13.0M
Exited Positions: 26
Exited Value: $29.5M

New Positions

Institution	Position Value
E EVR Research LP Hedge Fund•Long/Short	$4.0M 2.5M shares
D DARK FOREST CAPITAL MANAGEMENT LP Pension/Endowment	$3.6M 2.3M shares
SUSQUEHANNA ADVISORS GROUP, INC. Private Equity	$3.0M 1.9M shares
Polar Securities Inc. Hedge Fund•Multi-Strategy	$948.0K 600.0K shares
LANDSCAPE CAPITAL MANAGEMENT, L.L.C. Hedge Fund•Market Neutral	$835.2K 528.6K shares
S Sender Co & Partners, Inc. Institution	$375.2K 237.5K shares
Weiss Asset Management LP Hedge Fund•Multi-Strategy	$166.4K 105.3K shares
BURNEY CO/ RIA/Wealth	$31.6K 20.0K shares
O Optiver Holding B.V. Institution	$5.7K 3.6K shares
W WHITE BAY PT LLC Institution	$5.3K 3.3K shares

Exited Positions

Institution	Previous Position
Diameter Capital Partners LP Hedge Fund•Credit Arb	$17.6M 15.0M shares
PENN CAPITAL MANAGEMENT CO INC Long Only Manager	$5.7M 4.9M shares
N NEW YORK STATE COMMON RETIREMENT FUND Institution	$3.7M 3.1M shares
Aster Capital Management Ltd RIA/Wealth	$469.6K 401.3K shares
PRICE T ROWE ASSOCIATES INC /MD/ Long Only Manager	$319.9K 273.4K shares
Q Quantessence Capital LLC Hedge Fund•Quant	$304.4K 260.2K shares
LAZARD ASSET MANAGEMENT LLC Long Only Manager	$293.1K 250.5K shares
M MYDA Advisors LLC Hedge Fund•Long/Short	$234.0K 200.0K shares
T TWO SIGMA SECURITIES, LLC Institution	$167.2K 142.9K shares
Laurion Capital Management LP Hedge Fund•Multi-Strategy	$162.9K 139.2K shares

Options Activity

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

Call Positions: 4
Call Value: $624.5K
Put Positions: 1
Put Value: -

Call Positions

Institution	Position Value
J JANE STREET GROUP, LLC Institution	$257.2K 1.6K contracts
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	$249.8K 1.6K contracts
W WOLVERINE TRADING, LLC Institution	$62.2K 396.0 contracts
Caption Management, LLC Hedge Fund•Long/Short	$55.3K 350.0 contracts

Put Positions

Institution	Position Value
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	- - contracts

Most Committed Institutions

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

Institution	Key People	Portfolio Weight	Ownership	Owned Since	Total AUM (Long)
Legion Partners Asset Management, LLC Hedge Fund•Activist	David Alan Katz COO	22.32% $41.2M	5.25% 26.1M shares	Q1 2021 Held for 4y 8m	$184.8M
SHENKMAN CAPITAL MANAGEMENT INC Hedge Fund•Credit Arb	Adam Scott Kurzer Chairman	6.60% $4.7M	0.59% 3.0M shares	Q2 2023 Held for 2y 5m	$70.7M
PPM AMERICA INC/IL Insurance Manager	Craig Donald Smith CEO	5.99% $1.1M	0.14% 705.6K shares	Q3 2021 Held for 4y 2m	$18.6M
H Halcyon Management Partners LP Institution	-	4.16% $3.3M	0.42% 2.1M shares	Q2 2019 Held for 6y 5m	$79.3M
ZAZOVE ASSOCIATES LLC Hedge Fund•Multi-Strategy	Gene Thomas Pretti CEO	3.88% $1.9M	0.25% 1.2M shares	Q1 2022 Held for 3y 8m	$49.9M
Frigate Ventures LP RIA/Wealth	Anthony Lawrence Moore CFO	3.48% $28.8M	3.67% 18.2M shares	Q4 2023 Held for 1y 11m	$827.1M
Cove Street Capital, LLC Hedge Fund•Value	Matthew James Weber President	3.42% $2.6M	0.33% 1.6M shares	Q1 2025 Held for 8 months	$75.9M
MASON CAPITAL MANAGEMENT LLC Hedge Fund•Event Driven	Samuel Thornton Read Managing Partner	3.16% $15.5M	1.98% 9.8M shares	Q2 2019 Held for 6y 5m	$491.1M
ARES MANAGEMENT LLC Private Equity	Michael J (Mi Only) Arougheti CEO	2.99% $65.1M	8.29% 41.2M shares	Q2 2019 Held for 6y 5m	$2.2B
E EVR Research LP Hedge Fund•Long/Short	Benjamin Wolf Joffe President	2.36% $4.0M	0.50% 2.5M shares	Q3 2025 Held for 2 months	$167.2M

Hedge Fund Spotlight

Discover hedge funds investing in CCO

Centiva Capital, LP

Hedge Fund • Multi-Strategy

Portfolio ManagerTimothy Michael Higgins

Portfolio Value: $1.1B
Positions: 556
Last Reported: Q3 2025

Sector Allocation

Position in Clear Channel Outdoor Holdings, Inc.

Market Value: $602.3K
Shares Held: 381.2K
Portfolio Weight: 0.06%
Owned Since: 2019-Q3

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3 Tesla, Inc. TSLA	Auto - Manufacturers Consumer Cyclical	$30.0M	2.80%