Lamar Advertising Co
LAMR
255 hedge funds and large institutions have $4.33B invested in Lamar Advertising Co in 2014 Q4 according to their latest regulatory filings, with 47 funds opening new positions, 79 increasing their positions, 88 reducing their positions, and 33 closing their positions.
107% more call options, than puts
Call options by funds: $161M | Put options by funds: $78M
42% more first-time investments, than exits
New positions opened: 47 | Existing positions closed: 33
29% more funds holding in top 10
Funds holding in top 10: 7 → 9 (+2)
7% more capital invested
Capital invested by funds: $4.04B → $4.33B (+$282M)
5% more funds holding
Funds holding: 244 → 255 (+11)
10% less repeat investments, than reductions
Existing positions increased: 79 | Existing positions reduced: 88
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CM
Corvex Management
New York
|
+$123M |
| 2 |
MHI
Miller Howard Investments
Kingston,
New York
|
+$48.4M |
| 3 |
SCM
Sirios Capital Management
Boston,
Massachusetts
|
+$45.9M |
| 4 |
Goldman Sachs
New York
|
+$27.6M |
| 5 |
First Eagle Investment Management
New York
|
+$20.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$64M |
| 2 |
TS
Twin Securities
New York
|
-$49.6M |
| 3 |
GCM
Gruss Capital Management
New York
|
-$49.3M |
| 4 |
FAM
Fred Alger Management
New York
|
-$38.6M |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$37.9M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
PI
276
Placemark Investments
Chicago,
Illinois
| – | -$315K | -6,427 | Closed |
|
|
PRCM
277
Pine River Capital Management
Minnetonka,
Minnesota
| – | -$295K | -5,990 | Closed |
|
|
CAM
278
Capstone Asset Management
Houston,
Texas
| – | -$293K | -5,959 | Closed |
|
|
AG
279
Aperio Group
Sausalito,
California
| – | -$275K | -5,576 | Closed |
|
280
Capstone Investment Advisors
New York
| – | -$83K | -1,700 | Closed |
|
281
Envestnet Asset Management
Chicago,
Illinois
| – | -$83K | -1,692 | Closed |
|
|
WBC
282
Westpac Banking Corp
Sydney,
Australia
| – | -$65.1K | -1,322 | Closed |
|
|
JT
283
Jump Trading
Chicago,
Illinois
| – | -$47K | -956 | Closed |
|
|
WTB
284
Washington Trust Bank
Spokane,
Washington
| – | -$10K | -200 | Closed |
|
|
PHK
285
Point72 Hong Kong
Hong Kong
| – | -$2K | -47 | Closed |
|
286
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | -$1K | -24 | Closed |
|
|
PTC
287
Private Trust Company
Cleveland,
Ohio
| – | -$1K | -16 | Closed |
|
|
W
288
Wealthfront
Palo Alto,
California
| – | +$52 | +1 | New |
|
LAMR Hedge Fund Activity: Q4 2014 in Review
255 of the 3,750 institutional investors tracked by Wall St. Rank reported a position in Lamar Advertising Co (LAMR) for Q4 2014, worth a combined $4.33B — up 7% from $4.04B a quarter earlier.
Buyers outnumbered sellers: 47 funds opened new LAMR positions and 33 closed out — a net gain of 14 holders — while 79 added to existing stakes and 88 trimmed.
The largest buyer was Corvex Management, adding an estimated $123M. The largest seller was Morgan Stanley, cutting an estimated $64M.
- 255 institutional investors held Lamar Advertising Co (LAMR) as of Q4 2014, up from 244 in Q3 2014.
- Funds reported $4.33B of Lamar Advertising Co stock for Q4 2014, up 7% quarter-over-quarter.
- 47 funds opened new Lamar Advertising Co positions in Q4 2014 and 33 closed out, a net change of +14 holders.
- The largest Lamar Advertising Co buyer in Q4 2014 was Corvex Management, an estimated $123M added.
- The largest Lamar Advertising Co seller in Q4 2014 was Morgan Stanley, an estimated $64M sold.
Based on aggregated 13F filings for Q4 2014.