Outfront Media
244 hedge funds and large institutions have $3.25B invested in Outfront Media in 2017 Q2 according to their latest regulatory filings, with 26 funds opening new positions, 94 increasing their positions, 87 reducing their positions, and 29 closing their positions.
67% more funds holding in top 10
Funds holding in top 10: 3 → 5 (+2)
61% more call options, than puts
Call options by funds: $3.76M | Put options by funds: $2.33M
8% more repeat investments, than reductions
Existing positions increased: 94 | Existing positions reduced: 87
0.42% more ownership
Funds ownership: 102.72% → 103.13% (+0.42%)
2% less funds holding
Funds holding: 249 → 244 (-5)
10% less first-time investments, than exits
New positions opened: 26 | Existing positions closed: 29
12% less capital invested
Capital invested by funds: $3.72B → $3.25B (-$464M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Janus Henderson Group
London,
United Kingdom
|
+$105M |
| 2 |
Cohen & Steers
New York
|
+$48.9M |
| 3 |
Daiwa Securities Group
Tokyo,
Japan
|
+$38.3M |
| 4 |
DRZID
DePrince Race & Zollo Inc (DRZ)
Winter Park,
Florida
|
+$25.1M |
| 5 |
CRCP
Copper Rock Capital Partners
Boston,
Massachusetts
|
+$24.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Franklin Resources
San Mateo,
California
|
-$67.9M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$44.2M |
| 3 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
-$24.2M |
| 4 |
JSP
Jackson Square Partners
Larkspur,
California
|
-$22.8M |
| 5 |
O
OppenheimerFunds
New York
|
-$19.7M |
OUT Hedge Fund Activity: Q2 2017 in Review
244 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Outfront Media (OUT) for Q2 2017, worth a combined $3.25B — down 12% from $3.72B a quarter earlier.
Sellers outnumbered buyers: 29 funds closed out of OUT and 26 opened new positions — a net loss of 3 holders — while 87 trimmed existing stakes and 94 added.
The largest buyer was Janus Henderson Group, opening a new position worth an estimated $105M. The largest seller was Franklin Resources, exiting entirely with an estimated $67.9M sold.
- 244 institutional investors held Outfront Media (OUT) as of Q2 2017, down from 249 in Q1 2017.
- Funds reported $3.25B of Outfront Media stock for Q2 2017, down 12% quarter-over-quarter.
- 26 funds opened new Outfront Media positions in Q2 2017 and 29 closed out, a net change of -3 holders.
- The largest Outfront Media buyer in Q2 2017 was Janus Henderson Group, an estimated $105M added.
- The largest Outfront Media seller in Q2 2017 was Franklin Resources, an estimated $67.9M sold.
Based on aggregated 13F filings for Q2 2017.