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Outfront Media

223 hedge funds and large institutions have $2.76B invested in Outfront Media in 2018 Q3 according to their latest regulatory filings, with 27 funds opening new positions, 65 increasing their positions, 99 reducing their positions, and 46 closing their positions.

New
Increased
Maintained
Reduced
Closed

1,010% more call options, than puts

Call options by funds: $9.43M | Put options by funds: $849K

100% more funds holding in top 10

Funds holding in top 10: 12 (+1)

3% more capital invested

Capital invested by funds: $2.68B → $2.76B (+$78.7M)

0.26% more ownership

Funds ownership: 100.71%100.97% (+0.26%)

8% less funds holding

Funds holding: 243223 (-20)

34% less repeat investments, than reductions

Existing positions increased: 65 | Existing positions reduced: 99

41% less first-time investments, than exits

New positions opened: 27 | Existing positions closed: 46

Holders
223
Holders Change
-20
Holders Change %
-8.23%
% of All Funds
5.1%
Holding in Top 10
2
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+100%
% of All Funds
0.05%
New
27
Increased
65
Reduced
99
Closed
46
Calls
$9.43M
Puts
$849K
Net Calls
+$8.58M
Net Calls Change
+$13.4M
Name Holding Trade Value Shares
Change
Change in
Stake
Vanguard Group
1
Vanguard Group
Pennsylvania
$391M +$24.6M +1,235,638 +7%
JP Morgan Chase
2
JP Morgan Chase
New York
$347M -$2.45M -123,224 -0.7%
Fidelity Investments
3
Fidelity Investments
Massachusetts
$239M +$83.9M +4,221,092 +53%
BlackRock
4
BlackRock
New York
$146M -$4.1M -206,420 -3%
Cohen & Steers
5
Cohen & Steers
New York
$131M +$132M +6,646,800 New
Janus Henderson Group
6
Janus Henderson Group
United Kingdom
$84.7M +$1.15M +57,620 +1%
Bank of New York Mellon
7
Bank of New York Mellon
New York
$80M +$1.15M +57,861 +1%
Macquarie Group
8
Macquarie Group
Australia
$78.3M -$1.76M -88,574 -2%
DRZID
9
DePrince Race & Zollo Inc (DRZ)
Florida
$74.4M +$618K +31,068 +0.8%
TIM
10
Thornburg Investment Management
New Mexico
$61.5M +$6.83M +343,400 +12%
CVA
11
Ceredex Value Advisors
Florida
$59M +$1.27M +64,041 +2%
Capital World Investors
12
Capital World Investors
California
$48.5M -$106M -5,336,867 -68%
JSP
13
Jackson Square Partners
California
$43.3M -$19.9M -1,001,380 -31%
GT
14
Glenmede Trust
Pennsylvania
$42.3M +$42.8M +2,155,014 New
Wellington Management Group
15
Wellington Management Group
Massachusetts
$39M +$11.1M +558,927 +39%
State Street
16
State Street
Massachusetts
$37.1M +$472K +23,767 +1%
SI
17
Scout Investments
Missouri
$36.9M +$8.72M +438,835 +30%
Dimensional Fund Advisors
18
Dimensional Fund Advisors
Texas
$34.5M +$3.78M +190,311 +12%
Neuberger Berman Group
19
Neuberger Berman Group
New York
$34.1M -$25.3M -1,271,488 -42%
Point72 Asset Management
20
Point72 Asset Management
Connecticut
$32.2M +$32.6M +1,640,939 New
ESCM
21
Echo Street Capital Management
New York
$30.4M -$12.4M -625,030 -29%
ZIC
22
ZWJ Investment Counsel
Georgia
$28.4M +$404K +20,328 +1%
Norges Bank
23
Norges Bank
Norway
$27.8M -$2.29M -115,347 -8%
Geode Capital Management
24
Geode Capital Management
Massachusetts
$25.6M +$306K +15,398 +1%
CTA
25
Carillon Tower Advisers
Florida
$24.7M +$6.55M +329,354 +35%

OUT Hedge Fund Activity: Q3 2018 in Review

223 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in Outfront Media (OUT) for Q3 2018, worth a combined $2.76B — up 2.9% from $2.68B a quarter earlier.

Sellers outnumbered buyers: 46 funds closed out of OUT and 27 opened new positions — a net loss of 19 holders — while 99 trimmed existing stakes and 65 added.

The largest buyer was Cohen & Steers, opening a new position worth an estimated $132M. The largest seller was Capital World Investors, cutting an estimated $106M.

  • 223 institutional investors held Outfront Media (OUT) as of Q3 2018, down from 243 in Q2 2018.
  • Funds reported $2.76B of Outfront Media stock for Q3 2018, up 2.9% quarter-over-quarter.
  • 27 funds opened new Outfront Media positions in Q3 2018 and 46 closed out, a net change of -19 holders.
  • The largest Outfront Media buyer in Q3 2018 was Cohen & Steers, an estimated $132M added.
  • The largest Outfront Media seller in Q3 2018 was Capital World Investors, an estimated $106M sold.

Based on aggregated 13F filings for Q3 2018.