Lee Enterprises
LEE
84 hedge funds and large institutions have $89.4M invested in Lee Enterprises in 2014 Q1 according to their latest regulatory filings, with 29 funds opening new positions, 24 increasing their positions, 13 reducing their positions, and 12 closing their positions.
142% more first-time investments, than exits
New positions opened: 29 | Existing positions closed: 12
90% more call options, than puts
Call options by funds: $1.31M | Put options by funds: $686K
85% more repeat investments, than reductions
Existing positions increased: 24 | Existing positions reduced: 13
59% more capital invested
Capital invested by funds: $56.3M → $89.4M (+$33.1M)
25% more funds holding
Funds holding: 67 → 84 (+17)
0.69% more ownership
Funds ownership: 3.05% → 3.74% (+0.69%)
100% less funds holding in top 10
Funds holding in top 10: 3 → 0 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SPC
Silver Point Capital
Greenwich,
Connecticut
|
+$11M |
| 2 |
EI
EAM Investors
Solana Beach,
California
|
+$1.98M |
| 3 |
SCM
Saba Capital Management
New York
|
+$1.86M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$1.83M |
| 5 |
AC
Aristeia Capital
Greenwich,
Connecticut
|
+$1.68M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TC
TFS Capital
West Chester,
Pennsylvania
|
-$5.03M |
| 2 |
DP
Delta Partners
Boston,
Massachusetts
|
-$4.35M |
| 3 |
EWP
Edmunds White Partners
Richmond,
Virginia
|
-$2.2M |
| 4 |
LCM
Lonestar Capital Management
San Francisco,
California
|
-$1.12M |
| 5 |
RC
RBF Capital
San Francisco,
California
|
-$415K |
LEE Hedge Fund Activity: Q1 2014 in Review
84 of the 3,462 institutional investors tracked by Wall St. Rank reported a position in Lee Enterprises (LEE) for Q1 2014, worth a combined $89.4M — up 59% from $56.3M a quarter earlier.
Buyers outnumbered sellers: 29 funds opened new LEE positions and 12 closed out — a net gain of 17 holders — while 24 added to existing stakes and 13 trimmed.
The largest buyer was Silver Point Capital, opening a new position worth an estimated $11M. The largest seller was TFS Capital, cutting an estimated $5.03M.
- 84 institutional investors held Lee Enterprises (LEE) as of Q1 2014, up from 67 in Q4 2013.
- Funds reported $89.4M of Lee Enterprises stock for Q1 2014, up 59% quarter-over-quarter.
- 29 funds opened new Lee Enterprises positions in Q1 2014 and 12 closed out, a net change of +17 holders.
- The largest Lee Enterprises buyer in Q1 2014 was Silver Point Capital, an estimated $11M added.
- The largest Lee Enterprises seller in Q1 2014 was TFS Capital, an estimated $5.03M sold.
Based on aggregated 13F filings for Q1 2014.