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Lamar Advertising Co

360 hedge funds and large institutions have $6.17B invested in Lamar Advertising Co in 2017 Q4 according to their latest regulatory filings, with 61 funds opening new positions, 122 increasing their positions, 129 reducing their positions, and 32 closing their positions.

New
Increased
Maintained
Reduced
Closed

400% more funds holding in top 10

Funds holding in top 10: 15 (+4)

91% more first-time investments, than exits

New positions opened: 61 | Existing positions closed: 32

31% more call options, than puts

Call options by funds: $231M | Put options by funds: $177M

8% more funds holding

Funds holding: 332360 (+28)

7% more capital invested

Capital invested by funds: $5.75B → $6.17B (+$419M)

5% less repeat investments, than reductions

Existing positions increased: 122 | Existing positions reduced: 129

1.47% less ownership

Funds ownership: 100.3%98.84% (-1.5%)

Holders
360
Holders Change
+28
Holders Change %
+8.43%
% of All Funds
8.17%
Holding in Top 10
5
Holding in Top 10 Change
+4
Holding in Top 10 Change %
+400%
% of All Funds
0.11%
New
61
Increased
122
Reduced
129
Closed
32
Calls
$231M
Puts
$177M
Net Calls
+$54.4M
Net Calls Change
+$272M
Name Holding Trade Value Shares
Change
Change in
Stake
Janus Henderson Group
1
Janus Henderson Group
United Kingdom
$601M -$15M -206,118 -2%
BlackRock
2
BlackRock
New York
$571M +$1.75M +23,986 +0.3%
Vanguard Group
3
Vanguard Group
Pennsylvania
$526M +$15.9M +217,983 +3%
Capital World Investors
4
Capital World Investors
California
$371M
Capital Research Global Investors
5
Capital Research Global Investors
California
$294M -$140M -1,917,031 -33%
Cohen & Steers
6
Cohen & Steers
New York
$277M +$56.5M +774,234 +26%
Victory Capital Management
7
Victory Capital Management
Texas
$208M +$15.4M +211,029 +8%
Invesco
8
Invesco
Georgia
$192M -$19.3M -264,438 -9%
State Street
9
State Street
Massachusetts
$171M +$3.1M +42,463 +2%
Royal Bank of Canada
10
Royal Bank of Canada
Ontario, Canada
$164M -$1.01M -13,876 -0.6%
Bank of New York Mellon
11
Bank of New York Mellon
New York
$158M -$4.81M -66,003 -3%
Daiwa Securities Group
12
Daiwa Securities Group
Japan
$153M +$53.3M +730,220 +55%
WCM
13
Wedge Capital Management
North Carolina
$128M -$3.26M -44,753 -3%
TIM
14
Thornburg Investment Management
New Mexico
$123M +$70.4K +966 +0.1%
Pzena Investment Management
15
Pzena Investment Management
New York
$117M -$624K -8,562 -0.5%
Wells Fargo
16
Wells Fargo
California
$98.2M +$278K +3,808 +0.3%
O
17
OppenheimerFunds
New York
$97.1M -$1.47M -20,094 -2%
Goldman Sachs
18
Goldman Sachs
New York
$88.1M -$20.6M -282,092 -19%
Renaissance Technologies
19
Renaissance Technologies
New York
$79.3M +$30.7M +420,412 +65%
MHI
20
Miller Howard Investments
New York
$75.5M -$5.38M -73,806 -7%
Schroder Investment Management Group
21
Schroder Investment Management Group
United Kingdom
$71.7M +$2.74M +37,515 +4%
DC
22
Davenport & Co
Virginia
$70.9M -$2.79M -38,193 -4%
Northern Trust
23
Northern Trust
Illinois
$61M -$2.23M -30,641 -4%
Geode Capital Management
24
Geode Capital Management
Massachusetts
$57.8M +$664K +9,109 +1%
Fidelity Investments
25
Fidelity Investments
Massachusetts
$55.1M -$23M -316,074 -30%

LAMR Hedge Fund Activity: Q4 2017 in Review

360 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in Lamar Advertising Co (LAMR) for Q4 2017, worth a combined $6.17B — up 7.3% from $5.75B a quarter earlier.

Buyers outnumbered sellers: 61 funds opened new LAMR positions and 32 closed out — a net gain of 29 holders — while 122 added to existing stakes and 129 trimmed.

The largest buyer was Cohen & Steers, adding an estimated $56.5M. The largest seller was Capital Research Global Investors, cutting an estimated $140M.

  • 360 institutional investors held Lamar Advertising Co (LAMR) as of Q4 2017, up from 332 in Q3 2017.
  • Funds reported $6.17B of Lamar Advertising Co stock for Q4 2017, up 7.3% quarter-over-quarter.
  • 61 funds opened new Lamar Advertising Co positions in Q4 2017 and 32 closed out, a net change of +29 holders.
  • The largest Lamar Advertising Co buyer in Q4 2017 was Cohen & Steers, an estimated $56.5M added.
  • The largest Lamar Advertising Co seller in Q4 2017 was Capital Research Global Investors, an estimated $140M sold.

Based on aggregated 13F filings for Q4 2017.