Lamar Advertising Co
LAMR
230 hedge funds and large institutions have $4.4B invested in Lamar Advertising Co in 2013 Q4 according to their latest regulatory filings, with 42 funds opening new positions, 80 increasing their positions, 72 reducing their positions, and 27 closing their positions.
60% more funds holding in top 10
Funds holding in top 10: 15 → 24 (+9)
56% more first-time investments, than exits
New positions opened: 42 | Existing positions closed: 27
35% more capital inflows, than outflows
Capital inflows: $1.04B | Capital outflows: $773M
26% more call options, than puts
Call options by funds: $394M | Put options by funds: $312M
11% more repeat investments, than reductions
Existing positions increased: 80 | Existing positions reduced: 72
6% more funds holding
Funds holding: 216 → 230 (+14)
5.91% more ownership
Funds ownership: 95.68% → 101.59% (+5.9%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
+$130M |
| 2 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$115M |
| 3 |
Davidson Kempner Capital Management
New York
|
+$74.7M |
| 4 |
Magnetar Financial
Evanston,
Illinois
|
+$55.9M |
| 5 |
WCMNY
Westchester Capital Management (New York)
Valhalla,
New York
|
+$54.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SA
SPO Advisory
San Anselmo,
California
|
-$227M |
| 2 |
PC
Perry Capital
New York
|
-$97.8M |
| 3 |
SAC Capital Advisors
Stamford,
Connecticut
|
-$72.7M |
| 4 |
USS Investment Management
London,
United Kingdom
|
-$45.1M |
| 5 |
KAM
Keeley Asset Management
Chicago,
Illinois
|
-$29.6M |
LAMR Hedge Fund Activity: Q4 2013 in Review
230 of the 3,459 institutional investors tracked by Wall St. Rank reported a position in Lamar Advertising Co (LAMR) for Q4 2013, worth a combined $4.4B — up 18% from $3.72B a quarter earlier.
Buyers outnumbered sellers: 42 funds opened new LAMR positions and 27 closed out — a net gain of 15 holders — while 80 added to existing stakes and 72 trimmed.
The largest buyer was Goldman Sachs, adding an estimated $130M. The largest seller was SPO Advisory, exiting entirely with an estimated $227M sold.
- 230 institutional investors held Lamar Advertising Co (LAMR) as of Q4 2013, up from 216 in Q3 2013.
- Funds reported $4.4B of Lamar Advertising Co stock for Q4 2013, up 18% quarter-over-quarter.
- 42 funds opened new Lamar Advertising Co positions in Q4 2013 and 27 closed out, a net change of +15 holders.
- The largest Lamar Advertising Co buyer in Q4 2013 was Goldman Sachs, an estimated $130M added.
- The largest Lamar Advertising Co seller in Q4 2013 was SPO Advisory, an estimated $227M sold.
Based on aggregated 13F filings for Q4 2013.