Lamar Advertising Co
LAMR
293 hedge funds and large institutions have $4.76B invested in Lamar Advertising Co in 2016 Q1 according to their latest regulatory filings, with 33 funds opening new positions, 115 increasing their positions, 101 reducing their positions, and 45 closing their positions.
135% more call options, than puts
Call options by funds: $12.5M | Put options by funds: $5.34M
14% more repeat investments, than reductions
Existing positions increased: 115 | Existing positions reduced: 101
0% more capital invested
Capital invested by funds: $4.75B → $4.76B (+$14.4M)
0% more funds holding in top 10
Funds holding in top 10: 6 → 6 (0)
5% less funds holding
Funds holding: 307 → 293 (-14)
27% less first-time investments, than exits
New positions opened: 33 | Existing positions closed: 45
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PIM
Perkins Investment Management
Chicago,
Illinois
|
+$41.6M |
| 2 |
Bank of New York Mellon
New York
|
+$39.8M |
| 3 |
JHIU
Janus Henderson Investors US
Denver,
Colorado
|
+$39.8M |
| 4 |
Capital International Investors
Los Angeles,
California
|
+$35M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$31.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FTCM
Fir Tree Capital Management
New York
|
-$158M |
| 2 |
MHI
Miller Howard Investments
Kingston,
New York
|
-$56.5M |
| 3 |
Goldman Sachs
New York
|
-$30.8M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
-$16.4M |
| 5 |
WI
WBI Investments
Red Bank,
New Jersey
|
-$13.8M |
LAMR Hedge Fund Activity: Q1 2016 in Review
293 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in Lamar Advertising Co (LAMR) for Q1 2016, worth a combined $4.76B — up 0.3% from $4.75B a quarter earlier.
Sellers outnumbered buyers: 45 funds closed out of LAMR and 33 opened new positions — a net loss of 12 holders — while 101 trimmed existing stakes and 115 added.
The largest buyer was Perkins Investment Management, opening a new position worth an estimated $41.6M. The largest seller was Fir Tree Capital Management, exiting entirely with an estimated $158M sold.
- 293 institutional investors held Lamar Advertising Co (LAMR) as of Q1 2016, down from 307 in Q4 2015.
- Funds reported $4.76B of Lamar Advertising Co stock for Q1 2016, up 0.3% quarter-over-quarter.
- 33 funds opened new Lamar Advertising Co positions in Q1 2016 and 45 closed out, a net change of -12 holders.
- The largest Lamar Advertising Co buyer in Q1 2016 was Perkins Investment Management, an estimated $41.6M added.
- The largest Lamar Advertising Co seller in Q1 2016 was Fir Tree Capital Management, an estimated $158M sold.
Based on aggregated 13F filings for Q1 2016.