Outfront Media
246 hedge funds and large institutions have $2.31B invested in Outfront Media in 2023 Q4 according to their latest regulatory filings, with 58 funds opening new positions, 75 increasing their positions, 85 reducing their positions, and 24 closing their positions.
142% more first-time investments, than exits
New positions opened: 58 | Existing positions closed: 24
37% more capital invested
Capital invested by funds: $1.69B → $2.31B (+$625M)
17% more funds holding in top 10
Funds holding in top 10: 6 → 7 (+1)
14% more funds holding
Funds holding: 215 → 246 (+31)
0.93% less ownership
Funds ownership: 102.97% → 102.04% (-0.93%)
12% less repeat investments, than reductions
Existing positions increased: 75 | Existing positions reduced: 85
78% less call options, than puts
Call options by funds: $8.66M | Put options by funds: $38.8M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
+$33.3M |
| 2 |
Morgan Stanley
New York
|
+$26.1M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
+$13.7M |
| 4 |
Balyasny Asset Management
Chicago,
Illinois
|
+$12.3M |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
+$11.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
-$54.6M |
| 2 |
HRCM
Hawk Ridge Capital Management
Los Angeles,
California
|
-$19.7M |
| 3 |
Jane Street
New York
|
-$15.6M |
| 4 |
Norges Bank
Oslo,
Norway
|
-$13.8M |
| 5 |
CC
Conversant Capital
Summit,
New Jersey
|
-$13M |
OUT Hedge Fund Activity: Q4 2023 in Review
246 of the 6,869 institutional investors tracked by Wall St. Rank reported a position in Outfront Media (OUT) for Q4 2023, worth a combined $2.31B — up 37% from $1.69B a quarter earlier.
Buyers outnumbered sellers: 58 funds opened new OUT positions and 24 closed out — a net gain of 34 holders — while 75 added to existing stakes and 85 trimmed.
The largest buyer was Invesco, adding an estimated $33.3M. The largest seller was Macquarie Group, cutting an estimated $54.6M.
- 246 institutional investors held Outfront Media (OUT) as of Q4 2023, up from 215 in Q3 2023.
- Funds reported $2.31B of Outfront Media stock for Q4 2023, up 37% quarter-over-quarter.
- 58 funds opened new Outfront Media positions in Q4 2023 and 24 closed out, a net change of +34 holders.
- The largest Outfront Media buyer in Q4 2023 was Invesco, an estimated $33.3M added.
- The largest Outfront Media seller in Q4 2023 was Macquarie Group, an estimated $54.6M sold.
Based on aggregated 13F filings for Q4 2023.