Lamar Advertising Co
LAMR
244 hedge funds and large institutions have $4.04B invested in Lamar Advertising Co in 2014 Q3 according to their latest regulatory filings, with 45 funds opening new positions, 105 increasing their positions, 58 reducing their positions, and 35 closing their positions.
81% more repeat investments, than reductions
Existing positions increased: 105 | Existing positions reduced: 58
29% more first-time investments, than exits
New positions opened: 45 | Existing positions closed: 35
17% more call options, than puts
Call options by funds: $248M | Put options by funds: $212M
4% more funds holding
Funds holding: 235 → 244 (+9)
12% less capital invested
Capital invested by funds: $4.58B → $4.04B (-$540M)
61% less funds holding in top 10
Funds holding in top 10: 18 → 7 (-11)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital World Investors
Los Angeles,
California
|
+$269M |
| 2 |
Pzena Investment Management
New York
|
+$115M |
| 3 |
MHI
Miller Howard Investments
Kingston,
New York
|
+$68.9M |
| 4 |
MDSL
M.D. Sass LLC
New York
|
+$57.5M |
| 5 |
JHIU
Janus Henderson Investors US
Denver,
Colorado
|
+$40.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PC
Perry Capital
New York
|
-$281M |
| 2 |
First Eagle Investment Management
New York
|
-$126M |
| 3 |
MF
Magnetar Financial
Evanston,
Illinois
|
-$94.8M |
| 4 |
SCA
Southpoint Capital Advisors
New York
|
-$87.4M |
| 5 |
OH
Orbis Holdings
Hamilton,
Bermuda
|
-$59.2M |
LAMR Hedge Fund Activity: Q3 2014 in Review
244 of the 3,447 institutional investors tracked by Wall St. Rank reported a position in Lamar Advertising Co (LAMR) for Q3 2014, worth a combined $4.04B — down 12% from $4.58B a quarter earlier.
Buyers outnumbered sellers: 45 funds opened new LAMR positions and 35 closed out — a net gain of 10 holders — while 105 added to existing stakes and 58 trimmed.
The largest buyer was Capital World Investors, opening a new position worth an estimated $269M. The largest seller was Perry Capital, exiting entirely with an estimated $281M sold.
- 244 institutional investors held Lamar Advertising Co (LAMR) as of Q3 2014, up from 235 in Q2 2014.
- Funds reported $4.04B of Lamar Advertising Co stock for Q3 2014, down 12% quarter-over-quarter.
- 45 funds opened new Lamar Advertising Co positions in Q3 2014 and 35 closed out, a net change of +10 holders.
- The largest Lamar Advertising Co buyer in Q3 2014 was Capital World Investors, an estimated $269M added.
- The largest Lamar Advertising Co seller in Q3 2014 was Perry Capital, an estimated $281M sold.
Based on aggregated 13F filings for Q3 2014.