Outfront Media
249 hedge funds and large institutions have $1.96B invested in Outfront Media in 2020 Q2 according to their latest regulatory filings, with 47 funds opening new positions, 84 increasing their positions, 99 reducing their positions, and 59 closing their positions.
2% more capital invested
Capital invested by funds: $1.91B → $1.96B (+$46.4M)
1.91% less ownership
Funds ownership: 99.13% → 97.22% (-1.9%)
6% less funds holding
Funds holding: 264 → 249 (-15)
15% less repeat investments, than reductions
Existing positions increased: 84 | Existing positions reduced: 99
20% less first-time investments, than exits
New positions opened: 47 | Existing positions closed: 59
62% less call options, than puts
Call options by funds: $3.71M | Put options by funds: $9.81M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JCAM
Jericho Capital Asset Management
New York
|
+$53.8M |
| 2 |
SM
Senvest Management
New York
|
+$43.5M |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$40.7M |
| 4 |
EC
Eminence Capital
New York
|
+$38.4M |
| 5 |
HVCM
HG Vora Capital Management
New York
|
+$35.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Select Equity Group
New York
|
-$80.8M |
| 2 |
Janus Henderson Group
London,
|
-$65.4M |
| 3 |
VH
ValueAct Holdings
San Francisco,
California
|
-$46.2M |
| 4 |
Renaissance Technologies
New York
|
-$39.4M |
| 5 |
JP Morgan Chase
New York
|
-$30.6M |
OUT Hedge Fund Activity: Q2 2020 in Review
249 of the 4,888 institutional investors tracked by Wall St. Rank reported a position in Outfront Media (OUT) for Q2 2020, worth a combined $1.96B — up 2.4% from $1.91B a quarter earlier.
Sellers outnumbered buyers: 59 funds closed out of OUT and 47 opened new positions — a net loss of 12 holders — while 99 trimmed existing stakes and 84 added.
The largest buyer was Jericho Capital Asset Management, opening a new position worth an estimated $53.8M. The largest seller was Select Equity Group, cutting an estimated $80.8M.
- 249 institutional investors held Outfront Media (OUT) as of Q2 2020, down from 264 in Q1 2020.
- Funds reported $1.96B of Outfront Media stock for Q2 2020, up 2.4% quarter-over-quarter.
- 47 funds opened new Outfront Media positions in Q2 2020 and 59 closed out, a net change of -12 holders.
- The largest Outfront Media buyer in Q2 2020 was Jericho Capital Asset Management, an estimated $53.8M added.
- The largest Outfront Media seller in Q2 2020 was Select Equity Group, an estimated $80.8M sold.
Based on aggregated 13F filings for Q2 2020.