Lamar Advertising Co
LAMR
470 hedge funds and large institutions have $8.15B invested in Lamar Advertising Co in 2023 Q1 according to their latest regulatory filings, with 64 funds opening new positions, 189 increasing their positions, 155 reducing their positions, and 40 closing their positions.
90% more call options, than puts
Call options by funds: $19.5M | Put options by funds: $10.3M
60% more first-time investments, than exits
New positions opened: 64 | Existing positions closed: 40
22% more repeat investments, than reductions
Existing positions increased: 189 | Existing positions reduced: 155
5% more capital invested
Capital invested by funds: $7.73B → $8.15B (+$424M)
3% more funds holding
Funds holding: 457 → 470 (+13)
1.6% less ownership
Funds ownership: 95.14% → 93.54% (-1.6%)
11% less funds holding in top 10
Funds holding in top 10: 9 → 8 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ACA
Anchor Capital Advisors
Boston,
Massachusetts
|
+$38.2M |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$37.1M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
+$36.6M |
| 4 |
WCP
Waterfront Capital Partners
New York
|
+$31.7M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$19.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Cohen & Steers
New York
|
-$161M |
| 2 |
Daiwa Securities Group
Tokyo,
Japan
|
-$81.1M |
| 3 |
GT
Glenmede Trust
Philadelphia,
Pennsylvania
|
-$24.8M |
| 4 |
Fidelity International
Hamilton,
Bermuda
|
-$24.3M |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$13.1M |
LAMR Hedge Fund Activity: Q1 2023 in Review
470 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Lamar Advertising Co (LAMR) for Q1 2023, worth a combined $8.15B — up 5.5% from $7.73B a quarter earlier.
Buyers outnumbered sellers: 64 funds opened new LAMR positions and 40 closed out — a net gain of 24 holders — while 189 added to existing stakes and 155 trimmed.
The largest buyer was Anchor Capital Advisors, adding an estimated $38.2M. The largest seller was Cohen & Steers, cutting an estimated $161M.
- 470 institutional investors held Lamar Advertising Co (LAMR) as of Q1 2023, up from 457 in Q4 2022.
- Funds reported $8.15B of Lamar Advertising Co stock for Q1 2023, up 5.5% quarter-over-quarter.
- 64 funds opened new Lamar Advertising Co positions in Q1 2023 and 40 closed out, a net change of +24 holders.
- The largest Lamar Advertising Co buyer in Q1 2023 was Anchor Capital Advisors, an estimated $38.2M added.
- The largest Lamar Advertising Co seller in Q1 2023 was Cohen & Steers, an estimated $161M sold.
Based on aggregated 13F filings for Q1 2023.