Lamar Advertising Co
LAMR
270 hedge funds and large institutions have $4.2B invested in Lamar Advertising Co in 2015 Q3 according to their latest regulatory filings, with 29 funds opening new positions, 123 increasing their positions, 78 reducing their positions, and 39 closing their positions.
58% more repeat investments, than reductions
Existing positions increased: 123 | Existing positions reduced: 78
17% more funds holding in top 10
Funds holding in top 10: 6 → 7 (+1)
13% more call options, than puts
Call options by funds: $16.4M | Put options by funds: $14.5M
4% less capital invested
Capital invested by funds: $4.39B → $4.2B (-$191M)
4% less funds holding
Funds holding: 282 → 270 (-12)
26% less first-time investments, than exits
New positions opened: 29 | Existing positions closed: 39
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WCM
Wedge Capital Management
Charlotte,
North Carolina
|
+$74.1M |
| 2 |
Capital Research Global Investors
Los Angeles,
California
|
+$60.8M |
| 3 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$39.3M |
| 4 |
JHIU
Janus Henderson Investors US
Denver,
Colorado
|
+$26.9M |
| 5 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$22.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$39.2M |
| 2 |
Morgan Stanley
New York
|
-$30.6M |
| 3 |
WCA
Waratah Capital Advisors
Toronto,
Ontario, Canada
|
-$25.7M |
| 4 |
Two Sigma Investments
New York
|
-$19.6M |
| 5 |
Prudential Financial
Newark,
New Jersey
|
-$14M |
LAMR Hedge Fund Activity: Q3 2015 in Review
270 of the 3,590 institutional investors tracked by Wall St. Rank reported a position in Lamar Advertising Co (LAMR) for Q3 2015, worth a combined $4.2B — down 4.4% from $4.39B a quarter earlier.
Sellers outnumbered buyers: 39 funds closed out of LAMR and 29 opened new positions — a net loss of 10 holders — while 78 trimmed existing stakes and 123 added.
The largest buyer was Wedge Capital Management, opening a new position worth an estimated $74.1M. The largest seller was Fidelity Investments, cutting an estimated $39.2M.
- 270 institutional investors held Lamar Advertising Co (LAMR) as of Q3 2015, down from 282 in Q2 2015.
- Funds reported $4.2B of Lamar Advertising Co stock for Q3 2015, down 4.4% quarter-over-quarter.
- 29 funds opened new Lamar Advertising Co positions in Q3 2015 and 39 closed out, a net change of -10 holders.
- The largest Lamar Advertising Co buyer in Q3 2015 was Wedge Capital Management, an estimated $74.1M added.
- The largest Lamar Advertising Co seller in Q3 2015 was Fidelity Investments, an estimated $39.2M sold.
Based on aggregated 13F filings for Q3 2015.