Corvex Management’s Lamar Advertising Co LAMR Stock Holding History

Corvex Management’s Portfolio LAMR Stock Details LAMR Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2015 Q3	–	Sell	-165,675	Closed	-$9.52M	–	42
2015 Q2	$9.52M	Sell	165,675 -3,044,762	-95%	-$181M	0.1%	37
2015 Q1	$190M	Sell	3,210,437 -3,091,225	-49%	-$177M	2.3%	11
2014 Q4	$338M	Buy	6,301,662 +2,377,900	+61%	+$123M	4.15%	6
2014 Q3	$193M	Buy	3,923,762 +435,000	+12%	+$22.4M	2.33%	13
2014 Q2	$185M	Buy	3,488,762 +2,218,400	+175%	+$112M	2.19%	14
2014 Q1	$64.8M	Buy	1,270,362 +77,697	+7%	+$3.97M	0.91%	24
2013 Q4	$62.3M	Hold	1,192,665	–	–	1.29%	22
2013 Q3	$56.1M	Sell	1,192,665 -1,235,573	-51%	-$54.5M	1.05%	30
2013 Q2	$105M	Buy	+2,428,238	New	+$113M	1.98%	17

Other funds holding LAMR

Capital Research Global Investors Los Angeles, California $645B AUM 30.41% 1-Year Est. Return

Vanguard Group Malvern, Pennsylvania $6.9T AUM 27.45% 1-Year Est. Return

Capital World Investors Los Angeles, California $733B AUM 35.63% 1-Year Est. Return

Goldman Sachs New York $871B AUM 31.28% 1-Year Est. Return

JHIU

Janus Henderson Investors US Denver, Colorado $122B AUM 18.26% 1-Year Est. Return

BFA

BlackRock Fund Advisors San Francisco, California $542B AUM 18.13% 1-Year Est. Return

FTCM

Fir Tree Capital Management New York $21.8M AUM 1.61% 1-Year Est. Return

MHI

Miller Howard Investments Kingston, New York $3.66B AUM 20.05% 1-Year Est. Return

Pzena Investment Management New York $30.8B AUM 11.29% 1-Year Est. Return

BIT

BlackRock Institutional Trust San Francisco, California $675B AUM 16.07% 1-Year Est. Return

Corvex Management's LAMR Position: Q3 2015 in Review

Corvex Management sold out of Lamar Advertising Co (LAMR) in Q3 2015, closing a stake of 165,675 shares — an estimated $9.52M sold.

Corvex Management first reported a position in LAMR in Q2 2013 and held it in 9 quarters. The position peaked at $338M in Q4 2014. 270 funds tracked by Wall St. Rank hold LAMR as of Q3 2015.

Corvex Management reported no remaining Lamar Advertising Co position as of Q3 2015 after selling out during the quarter.
Corvex Management sold 165,675 Lamar Advertising Co shares in Q3 2015, an estimated $9.52M.
Corvex Management first reported a position in Lamar Advertising Co in Q2 2013 and held it in 9 quarters.
Corvex Management's Lamar Advertising Co position peaked at $338M in Q4 2014.
270 funds tracked by Wall St. Rank held Lamar Advertising Co as of Q3 2015.

Based on Corvex Management's 13F filing for Q3 2015, filed 16 Nov 2015.