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Lamar Advertising Co

500 hedge funds and large institutions have $9.12B invested in Lamar Advertising Co in 2023 Q4 according to their latest regulatory filings, with 86 funds opening new positions, 149 increasing their positions, 206 reducing their positions, and 36 closing their positions.

New
Increased
Maintained
Reduced
Closed

139% more first-time investments, than exits

New positions opened: 86 | Existing positions closed: 36

32% more capital invested

Capital invested by funds: $6.89B → $9.12B (+$2.23B)

17% more funds holding in top 10

Funds holding in top 10: 67 (+1)

10% more funds holding

Funds holding: 453500 (+47)

3.64% more ownership

Funds ownership: 94.28%97.92% (+3.6%)

23% less call options, than puts

Call options by funds: $23.6M | Put options by funds: $30.6M

28% less repeat investments, than reductions

Existing positions increased: 149 | Existing positions reduced: 206

Holders
500
Holders Change
+47
Holders Change %
+10.38%
% of All Funds
7.29%
Holding in Top 10
7
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+16.67%
% of All Funds
0.1%
New
86
Increased
149
Reduced
206
Closed
36
Calls
$23.6M
Puts
$30.6M
Net Calls
-$7.05M
Net Calls Change
-$8.06M
Name Holding Trade Value Shares
Change
Change in
Stake
Vanguard Group
1
Vanguard Group
Pennsylvania
$1.34B -$6.41M -68,167 -0.5%
BlackRock
2
BlackRock
New York
$897M +$37M +393,105 +5%
Fidelity Investments
3
Fidelity Investments
Massachusetts
$577M -$95.1M -1,010,949 -16%
Janus Henderson Group
4
Janus Henderson Group
United Kingdom
$488M -$3M -31,900 -0.7%
Victory Capital Management
5
Victory Capital Management
Texas
$438M -$11.7M -124,607 -3%
Morgan Stanley
6
Morgan Stanley
New York
$387M +$222M +2,360,064 +184%
Boston Partners
7
Boston Partners
Massachusetts
$314M +$68.4M +727,207 +33%
State Street
8
State Street
Massachusetts
$272M +$8.49M +90,240 +4%
Invesco
9
Invesco
Georgia
$228M +$42.1M +447,775 +26%
Capital World Investors
10
Capital World Investors
California
$213M
DC
11
Davenport & Co
Virginia
$188M -$11.8M -125,808 -7%
Geode Capital Management
12
Geode Capital Management
Massachusetts
$172M +$4.85M +51,610 +3%
Select Equity Group
13
Select Equity Group
New York
$160M -$8.34M -88,706 -6%
JP Morgan Chase
14
JP Morgan Chase
New York
$153M -$575K -6,115 -0.4%
HCM
15
Hamlin Capital Management
New York
$144M -$836K -8,890 -0.7%
Dimensional Fund Advisors
16
Dimensional Fund Advisors
Texas
$133M -$646K -6,870 -0.5%
Bank of New York Mellon
17
Bank of New York Mellon
New York
$128M -$13.6M -144,954 -11%
Wellington Management Group
18
Wellington Management Group
Massachusetts
$111M +$98.4M +1,046,810 New
Charles Schwab
19
Charles Schwab
California
$111M +$2.87M +30,567 +3%
Wells Fargo
20
Wells Fargo
California
$105M -$3.63M -38,620 -4%
Ameriprise
21
Ameriprise
Minnesota
$102M -$7.06M -75,049 -7%
Northern Trust
22
Northern Trust
Illinois
$100M -$8.89M -94,592 -9%
Cohen & Steers
23
Cohen & Steers
New York
$98.6M -$2.53M -26,903 -3%
MIS
24
Morningstar Investment Services
Illinois
$98.3M +$42.4M +451,429 +98%
MP
25
Makaira Partners
California
$91.5M +$9.76M +103,818 +14%

LAMR Hedge Fund Activity: Q4 2023 in Review

500 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in Lamar Advertising Co (LAMR) for Q4 2023, worth a combined $9.12B — up 32% from $6.89B a quarter earlier.

Buyers outnumbered sellers: 86 funds opened new LAMR positions and 36 closed out — a net gain of 50 holders — while 149 added to existing stakes and 206 trimmed.

The largest buyer was Morgan Stanley, adding an estimated $222M. The largest seller was Fidelity Investments, cutting an estimated $95.1M.

  • 500 institutional investors held Lamar Advertising Co (LAMR) as of Q4 2023, up from 453 in Q3 2023.
  • Funds reported $9.12B of Lamar Advertising Co stock for Q4 2023, up 32% quarter-over-quarter.
  • 86 funds opened new Lamar Advertising Co positions in Q4 2023 and 36 closed out, a net change of +50 holders.
  • The largest Lamar Advertising Co buyer in Q4 2023 was Morgan Stanley, an estimated $222M added.
  • The largest Lamar Advertising Co seller in Q4 2023 was Fidelity Investments, an estimated $95.1M sold.

Based on aggregated 13F filings for Q4 2023.