Lamar Advertising Co
LAMR
339 hedge funds and large institutions have $6.2B invested in Lamar Advertising Co in 2017 Q2 according to their latest regulatory filings, with 40 funds opening new positions, 157 increasing their positions, 107 reducing their positions, and 50 closing their positions.
47% more repeat investments, than reductions
Existing positions increased: 157 | Existing positions reduced: 107
0.63% less ownership
Funds ownership: 101.68% → 101.05% (-0.63%)
1% less capital invested
Capital invested by funds: $6.29B → $6.2B (-$85.9M)
4% less funds holding
Funds holding: 354 → 339 (-15)
20% less first-time investments, than exits
New positions opened: 40 | Existing positions closed: 50
43% less funds holding in top 10
Funds holding in top 10: 7 → 4 (-3)
55% less call options, than puts
Call options by funds: $14.7M | Put options by funds: $32.3M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Janus Henderson Group
London,
United Kingdom
|
+$584M |
| 2 |
Victory Capital Management
San Antonio,
Texas
|
+$77.3M |
| 3 |
BlackRock
New York
|
+$37.9M |
| 4 |
Kayne Anderson Rudnick Investment Management
Los Angeles,
California
|
+$32.6M |
| 5 |
Renaissance Technologies
New York
|
+$20.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital International Investors
Los Angeles,
California
|
-$170M |
| 2 |
Cohen & Steers
New York
|
-$37.3M |
| 3 |
Goldman Sachs
New York
|
-$18.4M |
| 4 |
FAM
Fred Alger Management
New York
|
-$12.9M |
| 5 |
Millennium Management
New York
|
-$12.3M |
LAMR Hedge Fund Activity: Q2 2017 in Review
339 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Lamar Advertising Co (LAMR) for Q2 2017, worth a combined $6.2B — down 1.4% from $6.29B a quarter earlier.
Sellers outnumbered buyers: 50 funds closed out of LAMR and 40 opened new positions — a net loss of 10 holders — while 107 trimmed existing stakes and 157 added.
The largest buyer was Janus Henderson Group, opening a new position worth an estimated $584M. The largest seller was Capital International Investors, exiting entirely with an estimated $170M sold.
- 339 institutional investors held Lamar Advertising Co (LAMR) as of Q2 2017, down from 354 in Q1 2017.
- Funds reported $6.2B of Lamar Advertising Co stock for Q2 2017, down 1.4% quarter-over-quarter.
- 40 funds opened new Lamar Advertising Co positions in Q2 2017 and 50 closed out, a net change of -10 holders.
- The largest Lamar Advertising Co buyer in Q2 2017 was Janus Henderson Group, an estimated $584M added.
- The largest Lamar Advertising Co seller in Q2 2017 was Capital International Investors, an estimated $170M sold.
Based on aggregated 13F filings for Q2 2017.