LAMAR ADVERTISING CO (LAMR) — Hedge Fund Ownership Q4 2025
LAMR
- LAMAR ADVERTISING CO (LAMR) is held by 5 of 82 tracked hedge funds, with Makaira Partners (12%) and Egerton Capital (1%) holding the largest stakes, indicating limited hedge fund interest relative to peers.
- The biggest increases in LAMR holdings came from Markel Group (+9%) and Berkshire Hathaway (+0%), highlighting conviction.
- The biggest decreases in LAMR holdings came from Makaira Partners (-29%) and Egerton Capital (-0.2%), suggesting profit-taking or de-risking.
- Overall, hedge funds decreased exposure to LAMAR ADVERTISING CO (LAMR) by -2% vs the prior quarter and -53% vs prior year.
| # | Fund | % of Portfolio † | Shares † | Shares vs Prior Quarter † | Shares vs Prior Year † | Aggregate Value † | Reported Price * | Option |
|---|---|---|---|---|---|---|---|---|
| 1 |
Makaira Partners Tom Bancroft
|
11.88% | 120K | -29.41% | -77.38% | $15.2M | $126.58 | — |
| 2 |
Egerton Capital John Armitage
|
0.99% | 722K | -0.25% | — | $91.4M | $126.58 | — |
| 3 |
Markel Group Tom Gayner
|
0.19% | 185K | +8.82% | +49.19% | $23.4M | $126.58 | — |
| 4 |
Berkshire Hathaway
|
0.06% | 1.2M | +0.02% | — | $152.2M | $126.58 | — |
| 5 |
Gardner Russo & Quinn Thomas Russo
|
0.01% | 6K | — | — | $756,189 | $126.58 | — |
| 5 | Total | — | 2.2M | -1.61% | -52.92% | $283.0M | — | — |
* Reported price is not an actual purchase or sale price. It is the price as of the last portfolio date.
† Portfolio value, share counts, and period-over-period changes exclude options positions (PUT/CALL), which are shown in the Option column for reference only.
† Portfolio value, share counts, and period-over-period changes exclude options positions (PUT/CALL), which are shown in the Option column for reference only.