Outfront Media
215 hedge funds and large institutions have $1.69B invested in Outfront Media in 2023 Q3 according to their latest regulatory filings, with 35 funds opening new positions, 81 increasing their positions, 73 reducing their positions, and 34 closing their positions.
681% more call options, than puts
Call options by funds: $4.76M | Put options by funds: $610K
20% more funds holding in top 10
Funds holding in top 10: 5 → 6 (+1)
11% more repeat investments, than reductions
Existing positions increased: 81 | Existing positions reduced: 73
3% more first-time investments, than exits
New positions opened: 35 | Existing positions closed: 34
0% more funds holding
Funds holding: 215 → 215 (0)
1.35% less ownership
Funds ownership: 104.33% → 102.97% (-1.4%)
37% less capital invested
Capital invested by funds: $2.66B → $1.69B (-$975M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CC
Conversant Capital
Summit,
New Jersey
|
+$27.1M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$27M |
| 3 |
D.E. Shaw & Co
New York
|
+$25.2M |
| 4 |
Jane Street
New York
|
+$20.4M |
| 5 |
OCAM
Owl Creek Asset Management
New York
|
+$16.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
-$78.3M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$50.8M |
| 3 |
DRZID
DePrince Race & Zollo Inc (DRZ)
Winter Park,
Florida
|
-$40.3M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
-$20.3M |
| 5 |
BlackRock
New York
|
-$18.5M |
OUT Hedge Fund Activity: Q3 2023 in Review
215 of the 6,310 institutional investors tracked by Wall St. Rank reported a position in Outfront Media (OUT) for Q3 2023, worth a combined $1.69B — down 37% from $2.66B a quarter earlier.
Buyers outnumbered sellers: 35 funds opened new OUT positions and 34 closed out — a net gain of 1 holder — while 81 added to existing stakes and 73 trimmed.
The largest buyer was Conversant Capital, opening a new position worth an estimated $27.1M. The largest seller was JP Morgan Chase, cutting an estimated $78.3M.
- 215 institutional investors held Outfront Media (OUT) as of Q3 2023, unchanged from Q2 2023.
- Funds reported $1.69B of Outfront Media stock for Q3 2023, down 37% quarter-over-quarter.
- 35 funds opened new Outfront Media positions in Q3 2023 and 34 closed out, a net change of +1 holder.
- The largest Outfront Media buyer in Q3 2023 was Conversant Capital, an estimated $27.1M added.
- The largest Outfront Media seller in Q3 2023 was JP Morgan Chase, an estimated $78.3M sold.
Based on aggregated 13F filings for Q3 2023.