IHRT ranks #3870 out of 37501 tracked stocks by institutional interest, inside the more closely watched half of our coverage.
IHRT is a top-conviction position for Marathon Asset Management LP — at 15.2% of their entire disclosed 13F portfolio, it's one of their largest single bets, not just a passing allocation.
The largest dollar stake in IHRT belongs to Allianz Asset Management GmbH, but the position matters far more to Marathon Asset Management LP, who has 15.2% 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.
Deutsche Bank Ag\ has added to its IHRT position for two straight quarters, increasing it by $11.9M to reach $27.6M today.
Charles Schwab Investment Management Inc has trimmed its IHRT position for two straight quarters, cutting it by $13.2M while still holding $14.7M.
IHRT is up 5.2% today, and institutions have been net buyers of $45.0M this quarter — today's price move and the underlying institutional flow are pointing the same direction.