Outfront Media
245 hedge funds and large institutions have $3.52B invested in Outfront Media in 2017 Q3 according to their latest regulatory filings, with 30 funds opening new positions, 83 increasing their positions, 90 reducing their positions, and 27 closing their positions.
60% more funds holding in top 10
Funds holding in top 10: 5 → 8 (+3)
52% more call options, than puts
Call options by funds: $22.9M | Put options by funds: $15.1M
11% more first-time investments, than exits
New positions opened: 30 | Existing positions closed: 27
8% more capital invested
Capital invested by funds: $3.25B → $3.52B (+$269M)
0% more funds holding
Funds holding: 244 → 245 (+1)
0.26% less ownership
Funds ownership: 103.13% → 102.87% (-0.26%)
8% less repeat investments, than reductions
Existing positions increased: 83 | Existing positions reduced: 90
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$43M |
| 2 |
JP Morgan Chase
New York
|
+$32.7M |
| 3 |
Neuberger Berman Group
New York
|
+$28.1M |
| 4 |
MG
Magnolia Group
Omaha,
Nebraska
|
+$22.4M |
| 5 |
Millennium Management
New York
|
+$21.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Cohen & Steers
New York
|
-$87.7M |
| 2 |
Daiwa Securities Group
Tokyo,
Japan
|
-$36.4M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
-$33.9M |
| 4 |
Bank of New York Mellon
New York
|
-$29.6M |
| 5 |
JCM
Janney Capital Management
Pittsburgh,
Pennsylvania
|
-$12.7M |
OUT Hedge Fund Activity: Q3 2017 in Review
245 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Outfront Media (OUT) for Q3 2017, worth a combined $3.52B — up 8.3% from $3.25B a quarter earlier.
Buyers outnumbered sellers: 30 funds opened new OUT positions and 27 closed out — a net gain of 3 holders — while 83 added to existing stakes and 90 trimmed.
The largest buyer was BlackRock, adding an estimated $43M. The largest seller was Cohen & Steers, cutting an estimated $87.7M.
- 245 institutional investors held Outfront Media (OUT) as of Q3 2017, up from 244 in Q2 2017.
- Funds reported $3.52B of Outfront Media stock for Q3 2017, up 8.3% quarter-over-quarter.
- 30 funds opened new Outfront Media positions in Q3 2017 and 27 closed out, a net change of +3 holders.
- The largest Outfront Media buyer in Q3 2017 was BlackRock, an estimated $43M added.
- The largest Outfront Media seller in Q3 2017 was Cohen & Steers, an estimated $87.7M sold.
Based on aggregated 13F filings for Q3 2017.