Lee Enterprises
LEE
79 hedge funds and large institutions have $56.3M invested in Lee Enterprises in 2016 Q4 according to their latest regulatory filings, with 18 funds opening new positions, 22 increasing their positions, 14 reducing their positions, and 10 closing their positions.
80% more first-time investments, than exits
New positions opened: 18 | Existing positions closed: 10
57% more repeat investments, than reductions
Existing positions increased: 22 | Existing positions reduced: 14
7% more funds holding
Funds holding: 74 → 79 (+5)
0.29% more ownership
Funds ownership: 3.2% → 3.49% (+0.29%)
16% less capital invested
Capital invested by funds: $66.6M → $56.3M (-$10.4M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Acadian Asset Management
Boston,
Massachusetts
|
+$2.64M |
| 2 |
OAM
Oxford Asset Management
Oxford,
United Kingdom
|
+$865K |
| 3 |
AG
Algert Global
San Francisco,
California
|
+$619K |
| 4 |
GCM
Graham Capital Management
Rowayton,
Connecticut
|
+$452K |
| 5 |
Morgan Stanley
New York
|
+$336K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SPC
Silver Point Capital
Greenwich,
Connecticut
|
-$908K |
| 2 |
KACA
Kayne Anderson Capital Advisors
Los Angeles,
California
|
-$487K |
| 3 |
Berkshire Hathaway
Omaha,
Nebraska
|
-$333K |
| 4 |
TCIM
TIAA CREF Investment Management
New York
|
-$157K |
| 5 |
Dimensional Fund Advisors
Austin,
Texas
|
-$148K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
VCM
76
Versant Capital Management
Phoenix,
Arizona
| $1K | – | – | – |
|
77
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
| $1K | +$1.1K | +37 | New |
|
|
BFM
78
Boothbay Fund Management
New York
| $38 | -$39.8K | -1,332 | -51% |
|
|
KACA
79
Kayne Anderson Capital Advisors
Los Angeles,
California
| – | -$487K | -13,000 | Closed |
|
|
80
Berkshire Hathaway
Omaha,
Nebraska
| – | -$333K | -8,886 | Closed |
|
81
Arrowstreet Capital
Boston,
Massachusetts
| – | -$100K | -2,661 | Closed |
|
82
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$69K | -1,837 | Closed |
|
|
HCM
83
Highbridge Capital Management
New York
| – | -$47K | -1,245 | Closed |
|
|
PCM
84
Prelude Capital Management
New York
| – | -$21K | -550 | Closed |
|
|
BJ
85
BlackRock Japan
Tokyo,
Japan
| – | -$6K | -169 | Closed |
|
|
TDC
86
Thompson Davis & Co
Richmond,
Virginia
| – | -$2K | -50 | Closed |
|
|
KF
87
Krilogy Financial
St. Louis,
Missouri
| – | -$1K | -35 | Closed |
|
|
PVH
88
Psagot Value Holdings
Tel Aviv,
Israel
| – | -$1K | -17 | Closed |
|
LEE Hedge Fund Activity: Q4 2016 in Review
79 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in Lee Enterprises (LEE) for Q4 2016, worth a combined $56.3M — down 16% from $66.6M a quarter earlier.
Buyers outnumbered sellers: 18 funds opened new LEE positions and 10 closed out — a net gain of 8 holders — while 22 added to existing stakes and 14 trimmed.
The largest buyer was Acadian Asset Management, adding an estimated $2.64M. The largest seller was Silver Point Capital, cutting an estimated $908K.
- 79 institutional investors held Lee Enterprises (LEE) as of Q4 2016, up from 74 in Q3 2016.
- Funds reported $56.3M of Lee Enterprises stock for Q4 2016, down 16% quarter-over-quarter.
- 18 funds opened new Lee Enterprises positions in Q4 2016 and 10 closed out, a net change of +8 holders.
- The largest Lee Enterprises buyer in Q4 2016 was Acadian Asset Management, an estimated $2.64M added.
- The largest Lee Enterprises seller in Q4 2016 was Silver Point Capital, an estimated $908K sold.
Based on aggregated 13F filings for Q4 2016.