Outfront Media
228 hedge funds and large institutions have $2.96B invested in Outfront Media in 2016 Q1 according to their latest regulatory filings, with 34 funds opening new positions, 95 increasing their positions, 66 reducing their positions, and 28 closing their positions.
126% more call options, than puts
Call options by funds: $2.15M | Put options by funds: $953K
44% more repeat investments, than reductions
Existing positions increased: 95 | Existing positions reduced: 66
21% more first-time investments, than exits
New positions opened: 34 | Existing positions closed: 28
3% more funds holding
Funds holding: 222 → 228 (+6)
0.1% less ownership
Funds ownership: 104.48% → 104.37% (-0.1%)
4% less capital invested
Capital invested by funds: $3.09B → $2.96B (-$123M)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ROIC
Route One Investment Company
San Francisco,
California
|
+$86.7M |
| 2 |
VFA
Virtus Fund Advisers
Hartford,
Connecticut
|
+$49.3M |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$34.8M |
| 4 |
Renaissance Technologies
New York
|
+$30.9M |
| 5 |
DRZID
DePrince Race & Zollo Inc (DRZ)
Winter Park,
Florida
|
+$18.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PC
Paulson & Co
New York
|
-$93.5M |
| 2 |
CRM
Cramer Rosenthal McGlynn
Stamford,
Connecticut
|
-$62.3M |
| 3 |
HCM
Hamlin Capital Management
New York
|
-$43.5M |
| 4 |
BC
Brookfield Corp
Toronto,
Ontario, Canada
|
-$39.3M |
| 5 |
TIM
Thornburg Investment Management
Santa Fe,
New Mexico
|
-$37.5M |
OUT Hedge Fund Activity: Q1 2016 in Review
228 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in Outfront Media (OUT) for Q1 2016, worth a combined $2.96B — down 4% from $3.09B a quarter earlier.
Buyers outnumbered sellers: 34 funds opened new OUT positions and 28 closed out — a net gain of 6 holders — while 95 added to existing stakes and 66 trimmed.
The largest buyer was Route One Investment Company, opening a new position worth an estimated $86.7M. The largest seller was Paulson & Co, exiting entirely with an estimated $93.5M sold.
- 228 institutional investors held Outfront Media (OUT) as of Q1 2016, up from 222 in Q4 2015.
- Funds reported $2.96B of Outfront Media stock for Q1 2016, down 4% quarter-over-quarter.
- 34 funds opened new Outfront Media positions in Q1 2016 and 28 closed out, a net change of +6 holders.
- The largest Outfront Media buyer in Q1 2016 was Route One Investment Company, an estimated $86.7M added.
- The largest Outfront Media seller in Q1 2016 was Paulson & Co, an estimated $93.5M sold.
Based on aggregated 13F filings for Q1 2016.