Not really. What most opt-out cookies do is that they have a "DO NOT TRACK" or "IGNORE" in the cookie fields.

Let's say you run a DMP, you think you can be smart by tracking people with cookies that have a "DO NOT TRACK"==True field.

Very soon though, you will be deluged by more noise than signal, and it quite literally becomes useless. It's honestly easier for companies to not track people who have a opt-out cookie.

Source: Wrote a prototype DMP for my company once