Cliff Asness's LAMR Position Overview
Cliff Asness (via Aqr Capital Management LLC) currently holds 1.6M shares of Lamar Advertising Company (LAMR) worth $193.17 M, representing 0.12% of the portfolio. First purchased in 2014-Q4, this long-term strategic position has been held for 44 quarters.
Based on 13F filings since 2013, Cliff Asness has maintained a long-term strategic position in LAMR, representing a significant commitment to this investment thesis. Largest addition occurred in Q2 2025, adding 816.2K shares. Largest reduction occurred in Q2 2020, reducing 76.4K shares.
Analysis based on 13F filings available since 2013 Q2
Cliff Asness's Lamar Advertising Company (LAMR) Holding Value Over Time
Track share changes against reported price movement
Quarterly Lamar Advertising Company (LAMR) Trades by Cliff Asness
| Period | Bought/Sold (Sh.) | % Change | Qtr. End Shares | Reported Price |
|---|---|---|---|---|
| Q4 2014 | +24,637 | New Buy | 24,637 | $53.66 |
| Q1 2015 | -12,300 | Reduce 49.92% | 12,337 | $59.25 |
| Q2 2015 | +52,992 | Add 429.54% | 65,329 | $57.48 |
| Q3 2015 | -17,525 | Reduce 26.83% | 47,804 | $52.17 |
| Q4 2015 | -4,568 | Reduce 9.56% | 43,236 | $59.97 |
| Q1 2016 | -14,066 | Reduce 32.53% | 29,170 | $61.50 |
| Q2 2016 | -4,146 | Reduce 14.21% | 25,024 | $66.30 |
| Q3 2016 | +186 | Add 0.74% | 25,210 | $65.29 |
| Q4 2016 | +1,252 | Add 4.97% | 26,462 | $67.23 |
| Q1 2017 | +1,113 | Add 4.21% | 27,575 | $74.74 |
| Q2 2017 | -3,433 | Reduce 12.45% | 24,142 | $73.56 |
| Q3 2017 | +2,753 | Add 11.40% | 26,895 | $68.53 |
| Q4 2017 | +3,520 | Add 13.09% | 30,415 | $74.24 |
| Q1 2018 | +3,564 | Add 11.72% | 33,979 | $63.66 |
| Q2 2018 | -5,724 | Reduce 16.85% | 28,255 | $68.31 |
| Q3 2018 | +2,003 | Add 7.09% | 30,258 | $77.80 |
| Q4 2018 | -4,081 | Reduce 13.49% | 26,177 | $69.18 |
| Q1 2019 | +18,480 | Add 70.60% | 44,657 | $79.27 |
| Q2 2019 | -10,488 | Reduce 23.49% | 34,169 | $80.72 |
| Q3 2019 | +28,919 | Add 84.64% | 63,088 | $81.93 |
| Q4 2019 | +26,455 | Add 41.93% | 89,543 | $89.26 |
| Q1 2020 | +75,324 | Add 84.12% | 164,867 | $51.28 |
| Q2 2020 | -76,416 | Reduce 46.35% | 88,451 | $65.58 |
| Q3 2020 | -67,108 | Reduce 75.87% | 21,343 | $66.16 |
| Q4 2020 | +55,299 | Add 259.10% | 76,642 | $81.94 |
| Q1 2021 | -57,149 | Reduce 74.57% | 19,493 | $93.37 |
| Q2 2021 | -3,124 | Reduce 16.03% | 16,369 | $104.04 |
| Q3 2021 | +200 | Add 1.22% | 16,569 | $113.46 |
| Q4 2021 | -2,399 | Reduce 14.48% | 14,170 | $121.31 |
| Q1 2022 | +93,673 | Add 661.07% | 107,843 | $116.18 |
| Q2 2022 | -75,837 | Reduce 70.32% | 32,006 | $87.26 |
| Q3 2022 | -5,308 | Reduce 16.58% | 26,698 | $82.48 |
| Q4 2022 | +6,892 | Add 25.81% | 33,590 | $94.33 |
| Q1 2023 | +11,355 | Add 33.80% | 44,945 | $98.70 |
| Q2 2023 | -8,189 | Reduce 18.22% | 36,756 | $99.25 |
| Q3 2023 | -4,485 | Reduce 12.20% | 32,271 | $83.47 |
| Q4 2023 | +16,862 | Add 52.25% | 49,133 | $106.28 |
| Q1 2024 | +76,631 | Add 155.97% | 125,764 | $119.41 |
| Q2 2024 | -26,857 | Reduce 21.36% | 98,907 | $119.43 |
| Q3 2024 | +22,722 | Add 22.97% | 121,629 | $133.36 |
| Q4 2024 | +3,720 | Add 3.06% | 125,349 | $121.74 |
| Q1 2025 | +533,959 | Add 425.98% | 659,308 | $112.76 |
| Q2 2025 | +816,217 | Add 123.80% | 1.48 M | $120.06 |
| Q3 2025 | +112,362 | Add 7.62% | 1.59 M | $121.65 |
Cliff Asness's Lamar Advertising Company Investment FAQs
Cliff Asness first purchased Lamar Advertising Company (LAMR) in Q4 2014, acquiring 24,637 shares, as reported in their 13F filing for that period. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.
Cliff Asness has held Lamar Advertising Company (LAMR) for 44 quarters since Q4 2014. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.
Cliff Asness's largest addition to Lamar Advertising Company (LAMR) was in Q2 2025, adding 1,475,525 shares worth $177.15 M. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.
According to the latest 13F filing for Q3 2025, Cliff Asness's firm, Aqr Capital Management LLC, owns 1,587,887 shares of Lamar Advertising Company (LAMR), valued at approximately $193.17 M. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.
As of the Q3 2025 filing, Lamar Advertising Company (LAMR) represents approximately 0.12% of Cliff Asness's publicly disclosed stock portfolio, making it one of their key holdings. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.
Cliff Asness's peak holding in Lamar Advertising Company (LAMR) was 1,587,887 shares, as reported at the end of Q3 2025. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.