Lamar Advertising Co
LAMR
648 hedge funds and large institutions have $10.7B invested in Lamar Advertising Co in 2025 Q3 according to their latest regulatory filings, with 78 funds opening new positions, 251 increasing their positions, 218 reducing their positions, and 45 closing their positions.
73% more first-time investments, than exits
New positions opened: 78 | Existing positions closed: 45
15% more repeat investments, than reductions
Existing positions increased: 251 | Existing positions reduced: 218
4% more funds holding
Funds holding: 621 → 648 (+27)
2.48% more ownership
Funds ownership: 98.66% → 101.15% (+2.5%)
2% more capital invested
Capital invested by funds: $10.5B → $10.7B (+$214M)
0% more funds holding in top 10
Funds holding in top 10: 4 → 4 (0)
73% less call options, than puts
Call options by funds: $20.7M | Put options by funds: $76.1M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Canada Pension Plan Investment Board
Toronto Ontario,
Ontario, Canada
|
+$166M |
| 2 |
ECU
Egerton Capital (UK)
London,
United Kingdom
|
+$89.9M |
| 3 |
Invesco
Atlanta,
Georgia
|
+$60.9M |
| 4 |
Northern Trust
Chicago,
Illinois
|
+$39M |
| 5 |
Massachusetts Financial Services
Boston,
Massachusetts
|
+$24.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$75.8M |
| 2 |
Millennium Management
New York
|
-$30M |
| 3 |
Goldman Sachs
New York
|
-$28M |
| 4 |
Cohen & Steers
New York
|
-$26.9M |
| 5 |
DC
Davenport & Co
Richmond,
Virginia
|
-$24.9M |
LAMR Hedge Fund Activity: Q3 2025 in Review
648 of the 7,638 institutional investors tracked by Wall St. Rank reported a position in Lamar Advertising Co (LAMR) for Q3 2025, worth a combined $10.7B — up 2% from $10.5B a quarter earlier.
Buyers outnumbered sellers: 78 funds opened new LAMR positions and 45 closed out — a net gain of 33 holders — while 251 added to existing stakes and 218 trimmed.
The largest buyer was Canada Pension Plan Investment Board, opening a new position worth an estimated $166M. The largest seller was Fidelity Investments, cutting an estimated $75.8M.
- 648 institutional investors held Lamar Advertising Co (LAMR) as of Q3 2025, up from 621 in Q2 2025.
- Funds reported $10.7B of Lamar Advertising Co stock for Q3 2025, up 2% quarter-over-quarter.
- 78 funds opened new Lamar Advertising Co positions in Q3 2025 and 45 closed out, a net change of +33 holders.
- The largest Lamar Advertising Co buyer in Q3 2025 was Canada Pension Plan Investment Board, an estimated $166M added.
- The largest Lamar Advertising Co seller in Q3 2025 was Fidelity Investments, an estimated $75.8M sold.
Based on aggregated 13F filings for Q3 2025.