Lee Enterprises
LEE
75 hedge funds and large institutions have $34.3M invested in Lee Enterprises in 2017 Q2 according to their latest regulatory filings, with 8 funds opening new positions, 17 increasing their positions, 19 reducing their positions, and 14 closing their positions.
0.21% less ownership
Funds ownership: 3.4% → 3.19% (-0.21%)
7% less funds holding
Funds holding: 81 → 75 (-6)
11% less repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 19
31% less capital invested
Capital invested by funds: $50M → $34.3M (-$15.7M)
43% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 14
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $1.07M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NSIM
North Star Investment Management
Chicago,
Illinois
|
+$415K |
| 2 |
NCM
Nantahala Capital Management
New Canaan,
Connecticut
|
+$397K |
| 3 |
PIA
Phoenix Investment Adviser
New York
|
+$228K |
| 4 |
Morgan Stanley
New York
|
+$220K |
| 5 |
BlackRock
New York
|
+$209K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Russell Investments Group
London,
United Kingdom
|
-$1.96M |
| 2 |
OAM
Oxford Asset Management
Oxford,
United Kingdom
|
-$499K |
| 3 |
SPC
Silver Point Capital
Greenwich,
Connecticut
|
-$495K |
| 4 |
Millennium Management
New York
|
-$431K |
| 5 |
Jacobs Levy Equity Management
Florham Park,
New Jersey
|
-$222K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
SCM
76
Segantii Capital Management
Hong Kong
| – | -$177K | -6,790 | Closed |
|
|
BCM
77
BlueCrest Capital Management
St Helier,
Jersey
| – | -$104K | -3,988 | Closed |
|
|
BGIM
78
Brandywine Global Investment Management
Philadelphia,
Pennsylvania
| – | -$81K | -3,092 | Closed |
|
|
TCIM
79
TIAA CREF Investment Management
New York
| – | -$80K | -3,080 | Closed |
|
|
GP
80
GLG Partners
London,
United Kingdom
| – | -$67K | -2,588 | Closed |
|
81
Verition Fund Management
Greenwich,
Connecticut
| – | -$40K | -1,531 | Closed |
|
|
TC
82
TFS Capital
West Chester,
Pennsylvania
| – | -$29K | -1,129 | Closed |
|
|
NFA
83
Nationwide Fund Advisors
Columbus,
Ohio
| – | -$27K | -1,055 | Closed |
|
|
LWCFA
84
Loring Wolcott & Coolidge Fiduciary Advisors
Boston,
Massachusetts
| – | -$8K | -300 | Closed |
|
|
QI
85
QS Investors
New York
| – | -$5K | -200 | Closed |
|
|
RWA
86
Ropes Wealth Advisors
Boston,
Massachusetts
| – | -$3K | -130 | Closed |
|
LEE Hedge Fund Activity: Q2 2017 in Review
75 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Lee Enterprises (LEE) for Q2 2017, worth a combined $34.3M — down 31% from $50M a quarter earlier.
Sellers outnumbered buyers: 14 funds closed out of LEE and 8 opened new positions — a net loss of 6 holders — while 19 trimmed existing stakes and 17 added.
The largest buyer was North Star Investment Management, adding an estimated $415K. The largest seller was Russell Investments Group, cutting an estimated $1.96M.
- 75 institutional investors held Lee Enterprises (LEE) as of Q2 2017, down from 81 in Q1 2017.
- Funds reported $34.3M of Lee Enterprises stock for Q2 2017, down 31% quarter-over-quarter.
- 8 funds opened new Lee Enterprises positions in Q2 2017 and 14 closed out, a net change of -6 holders.
- The largest Lee Enterprises buyer in Q2 2017 was North Star Investment Management, an estimated $415K added.
- The largest Lee Enterprises seller in Q2 2017 was Russell Investments Group, an estimated $1.96M sold.
Based on aggregated 13F filings for Q2 2017.