Charter Communications: Fund Stock Sales in Quarterly Filing

Insiders are generally long-term investors due to restriction in making short-term profits. In contrast, wealth management institutions always have short-term investment. Wall St. Watchdog reveals information regarding the insiders and institutions which recently decreased stock shares of Charter Communications, Inc. (NASDAQ:CHTR).

SEC data indicate that these institutions significantly reduced their stock shares of Charter Communications, Inc. in Q3 2011:

  • SANKATY ADVISORS, LLC: On 06/30/2011, held 1,243,533 shares, worth $67,474,101. On 09/30/2011, held 0 shares.
  • BEACH POINT CAPITAL MANAGEMENT LP: On 06/30/2011, held 637,437 shares, worth $34,587,332. On 09/30/2011, held 0 shares.
  • AMBER CAPITAL LP: On 06/30/2011, held 512,834 shares, worth $27,826,373. On 09/30/2011, held 0 shares.
  • SAC CAPITAL ADVISORS LP: On 06/30/2011, held 405,608 shares, worth $22,008,290. On 09/30/2011, held 0 shares.

About the company: Charter Communications, Inc. offers broadband Internet communications services. The Company offers high-speed Internet access; Internet telephone services; business-to-business Internet access, data networking, video and music entertainment services, and business telephone; and digital cable video entertainment services.

Competitors to Watch: Time Warner Inc. (NYSE:TWX), Liberty Global Inc. (NASDAQ:LBTYA), Comcast Corporation (NASDAQ:CMCSA), Mediacom Communications Corp. (NASDAQ:MCCC), Time Warner Cable Inc. (NYSE:TWC), Cablevision Systems Corp. (NYSE:CVC), Shaw Communications Inc. (NYSE:SJR), Netflix (NASDAQ:NFLX), TiVo (NASDAQ:TIVO), DirecTV (NASDAQ:DTV) and DISH Network Corp. (NASDAQ:DISH).

(Note: Data regarding Charter Communications, Inc.’s stock holdings are sourced from whalewisdom.com. All data are assumed to be accurate.)

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