Lamar Advertising Shares Sold by Quantbot Technologies LP

Institutional investor trims stake in outdoor advertising company

Published on Mar. 2, 2026

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Quantbot Technologies LP, an institutional investor, reduced its position in Lamar Advertising Company (NASDAQ:LAMR) by 40% during the third quarter, according to a recent SEC filing. The firm now owns 35,105 shares of the real estate investment trust's stock, down from 58,501 shares previously.

Why it matters

Lamar Advertising is one of the largest outdoor advertising companies in North America, operating a portfolio of traditional static billboards and a growing network of digital displays. The reduction in Quantbot's stake could signal a shift in investor sentiment towards the company or the broader outdoor advertising industry.

The details

According to the SEC filing, Quantbot Technologies LP sold 23,396 shares of Lamar Advertising during the third quarter, reducing its total position to 35,105 shares. The firm's holdings in Lamar Advertising were valued at $4.3 million as of the most recent filing.

  • Quantbot Technologies LP trimmed its position in Lamar Advertising during the 3rd quarter of 2026.

The players

Quantbot Technologies LP

An institutional investor and hedge fund that reduced its stake in Lamar Advertising.

Lamar Advertising Company

A real estate investment trust and one of the largest outdoor advertising companies in North America.

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The takeaway

The reduction in Quantbot's stake in Lamar Advertising could signal broader shifts in investor sentiment towards the outdoor advertising industry, which has faced headwinds from the COVID-19 pandemic and the rise of digital advertising. However, Lamar Advertising remains a major player in the sector, with a diverse portfolio of traditional and digital assets.