CC ranks #1244 out of 37503 tracked stocks by institutional interest — one of the most closely watched names in our coverage.
CC is a top-conviction position for Highland Peak Capital, LLC — at 15.8% of their entire disclosed 13F portfolio, it's one of their largest single bets, not just a passing allocation.
The largest dollar stake in CC belongs to BlackRock, Inc., but the position matters far more to Highland Peak Capital, LLC, who has 15.8% of their own portfolio riding on it — a reminder that the biggest holder by size and the holder with the biggest bet aren't always the same fund.
California State Teachers Retirement System has added to its CC position for two straight quarters, increasing it by $171.3M to reach $173.0M today.
Fidelity has trimmed its CC position for two straight quarters, cutting it by $41.3M while still holding $6.8M.
CC is up 3.8% today, and institutions have been net buyers of $255.2M this quarter — today's price move and the underlying institutional flow are pointing the same direction.