Outfront Media
236 hedge funds and large institutions have $1.93B invested in Outfront Media in 2020 Q3 according to their latest regulatory filings, with 35 funds opening new positions, 61 increasing their positions, 113 reducing their positions, and 47 closing their positions.
1% less capital invested
Capital invested by funds: $1.96B → $1.93B (-$26.4M)
3.74% less ownership
Funds ownership: 97.22% → 93.48% (-3.7%)
5% less funds holding
Funds holding: 249 → 236 (-13)
26% less first-time investments, than exits
New positions opened: 35 | Existing positions closed: 47
40% less funds holding in top 10
Funds holding in top 10: 5 → 3 (-2)
46% less repeat investments, than reductions
Existing positions increased: 61 | Existing positions reduced: 113
53% less call options, than puts
Call options by funds: $4.74M | Put options by funds: $10.1M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PCM
Palestra Capital Management
New York
|
+$82.1M |
| 2 |
SCA
Southpoint Capital Advisors
New York
|
+$40.5M |
| 3 |
CIM
Centersquare Investment Management
Conshohocken,
Pennsylvania
|
+$38.7M |
| 4 |
Barclays
London,
United Kingdom
|
+$25.8M |
| 5 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$20.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$46.7M |
| 2 |
TIM
Thornburg Investment Management
Santa Fe,
New Mexico
|
-$34M |
| 3 |
LSV Asset Management
Chicago,
Illinois
|
-$29.4M |
| 4 |
EC
Eminence Capital
New York
|
-$21M |
| 5 |
JP Morgan Chase
New York
|
-$20.7M |
OUT Hedge Fund Activity: Q3 2020 in Review
236 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in Outfront Media (OUT) for Q3 2020, worth a combined $1.93B — down 1.4% from $1.96B a quarter earlier.
Sellers outnumbered buyers: 47 funds closed out of OUT and 35 opened new positions — a net loss of 12 holders — while 113 trimmed existing stakes and 61 added.
The largest buyer was Palestra Capital Management, opening a new position worth an estimated $82.1M. The largest seller was Fidelity Investments, cutting an estimated $46.7M.
- 236 institutional investors held Outfront Media (OUT) as of Q3 2020, down from 249 in Q2 2020.
- Funds reported $1.93B of Outfront Media stock for Q3 2020, down 1.4% quarter-over-quarter.
- 35 funds opened new Outfront Media positions in Q3 2020 and 47 closed out, a net change of -12 holders.
- The largest Outfront Media buyer in Q3 2020 was Palestra Capital Management, an estimated $82.1M added.
- The largest Outfront Media seller in Q3 2020 was Fidelity Investments, an estimated $46.7M sold.
Based on aggregated 13F filings for Q3 2020.