P2 Capital Partners’s Outfront Media OUT Stock Holding History

P2 Capital Partners’s Portfolio OUT Stock Details OUT Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2023 Q1	–	Sell	-1,269,969	Closed	-$20.7M	–	16
2022 Q4	$20.7M	Sell	1,269,969 -965,177	-43%	-$16.3M	2.74%	12
2022 Q3	$33.4M	Hold	2,235,146	–	–	4.12%	12
2022 Q2	$37.3M	Sell	2,235,146 -561,906	-20%	-$12.2M	4.22%	11
2022 Q1	$78.3M	Sell	2,797,052 -509,689	-15%	-$13.1M	7.4%	3
2021 Q4	$87.3M	Hold	3,306,741	–	–	6.81%	6
2021 Q3	$82M	Hold	3,306,741	–	–	6.91%	5
2021 Q2	$78.2M	Buy	3,306,741 +1,246,138	+60%	+$28.9M	5.87%	8
2021 Q1	$44.3M	Hold	2,060,603	–	–	2.94%	16
2020 Q4	$39.7M	Sell	2,060,603 -270,926	-12%	-$4.58M	2.69%	16
2020 Q3	$33.4M	Hold	2,331,529	–	–	2.61%	14
2020 Q2	$32.5M	Buy	2,331,529 +42,193	+2%	+$591K	2.72%	15
2020 Q1	$30.4M	Buy	+2,289,336	New	+$55.9M	3.63%	13

Other funds holding OUT

BlackRock New York $5.72T AUM 30.48% 1-Year Est. Return

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

PEP

Providence Equity Partners Providence, Rhode Island $565M AUM 37.52% 1-Year Est. Return

JP Morgan Chase New York $1.56T AUM 27.86% 1-Year Est. Return

Invesco Atlanta, Georgia $1.02T AUM 30.18% 1-Year Est. Return

State Street Boston, Massachusetts $2.9T AUM 29.55% 1-Year Est. Return

Macquarie Group Sydney, NSW 2000, Australia $16.8B AUM 27.39% 1-Year Est. Return

PCC

Perry Creek Capital New York $160M AUM 3.05% 1-Year Est. Return

HRCM

Hawk Ridge Capital Management Los Angeles, California $2.75B AUM 20.09% 1-Year Est. Return

Morgan Stanley New York $1.66T AUM 25.57% 1-Year Est. Return

P2 Capital Partners's OUT Position: Q1 2023 in Review

P2 Capital Partners sold out of Outfront Media (OUT) in Q1 2023, closing a stake of 1,269,969 shares — an estimated $20.7M sold.

P2 Capital Partners first reported a position in OUT in Q1 2020 and held it in 12 quarters. The position peaked at $87.3M in Q4 2021. 226 funds tracked by Wall St. Rank hold OUT as of Q1 2023.

P2 Capital Partners reported no remaining Outfront Media position as of Q1 2023 after selling out during the quarter.
P2 Capital Partners sold 1,269,969 Outfront Media shares in Q1 2023, an estimated $20.7M.
P2 Capital Partners first reported a position in Outfront Media in Q1 2020 and held it in 12 quarters.
P2 Capital Partners's Outfront Media position peaked at $87.3M in Q4 2021.
226 funds tracked by Wall St. Rank held Outfront Media as of Q1 2023.

Based on P2 Capital Partners's 13F filing for Q1 2023, filed 15 May 2023.