Outfront Media
249 hedge funds and large institutions have $3.72B invested in Outfront Media in 2017 Q1 according to their latest regulatory filings, with 39 funds opening new positions, 86 increasing their positions, 88 reducing their positions, and 29 closing their positions.
34% more first-time investments, than exits
New positions opened: 39 | Existing positions closed: 29
8% more capital invested
Capital invested by funds: $3.45B → $3.72B (+$264M)
0.69% more ownership
Funds ownership: 102.03% → 102.72% (+0.69%)
0% less funds holding
Funds holding: 250 → 249 (-1)
2% less repeat investments, than reductions
Existing positions increased: 86 | Existing positions reduced: 88
40% less funds holding in top 10
Funds holding in top 10: 5 → 3 (-2)
86% less call options, than puts
Call options by funds: $5.14M | Put options by funds: $36M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$192M |
| 2 |
Cohen & Steers
New York
|
+$110M |
| 3 |
Daiwa Securities Group
Tokyo,
Japan
|
+$60.4M |
| 4 |
Prudential Financial
Newark,
New Jersey
|
+$23.8M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$22.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Franklin Resources
San Mateo,
California
|
-$72.6M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$72.5M |
| 3 |
AIM
Artemis Investment Management
Edinburgh,
United Kingdom
|
-$24.5M |
| 4 |
Wells Fargo
San Francisco,
California
|
-$23.7M |
| 5 |
DRZID
DePrince Race & Zollo Inc (DRZ)
Winter Park,
Florida
|
-$18.3M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
276
EARNEST Partners
Atlanta,
Georgia
| – | -$1K | -61 | Closed |
|
OUT Hedge Fund Activity: Q1 2017 in Review
249 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in Outfront Media (OUT) for Q1 2017, worth a combined $3.72B — up 7.6% from $3.45B a quarter earlier.
Buyers outnumbered sellers: 39 funds opened new OUT positions and 29 closed out — a net gain of 10 holders — while 86 added to existing stakes and 88 trimmed.
The largest buyer was BlackRock, adding an estimated $192M. The largest seller was Franklin Resources, cutting an estimated $72.6M.
- 249 institutional investors held Outfront Media (OUT) as of Q1 2017, down from 250 in Q4 2016.
- Funds reported $3.72B of Outfront Media stock for Q1 2017, up 7.6% quarter-over-quarter.
- 39 funds opened new Outfront Media positions in Q1 2017 and 29 closed out, a net change of +10 holders.
- The largest Outfront Media buyer in Q1 2017 was BlackRock, an estimated $192M added.
- The largest Outfront Media seller in Q1 2017 was Franklin Resources, an estimated $72.6M sold.
Based on aggregated 13F filings for Q1 2017.