Lee Enterprises
LEE
81 hedge funds and large institutions have $45.7M invested in Lee Enterprises in 2017 Q4 according to their latest regulatory filings, with 17 funds opening new positions, 17 increasing their positions, 23 reducing their positions, and 5 closing their positions.
240% more first-time investments, than exits
New positions opened: 17 | Existing positions closed: 5
17% more funds holding
Funds holding: 69 → 81 (+12)
15% more capital invested
Capital invested by funds: $39.7M → $45.7M (+$5.99M)
0.25% more ownership
Funds ownership: 3.18% → 3.43% (+0.25%)
26% less repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 23
99% less call options, than puts
Call options by funds: $9K | Put options by funds: $719K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Russell Investments Group
London,
United Kingdom
|
+$3.08M |
| 2 |
GCM
Graham Capital Management
Rowayton,
Connecticut
|
+$856K |
| 3 |
RC
RBF Capital
San Francisco,
California
|
+$708K |
| 4 |
SF
Synovus Financial
Columbus,
Georgia
|
+$258K |
| 5 |
CC
Cannell Capital
Alta,
Wyoming
|
+$135K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MCM
McKinley Capital Management
Anchorage,
Alaska
|
-$922K |
| 2 |
Morgan Stanley
New York
|
-$399K |
| 3 |
QOP
Quinn Opportunity Partners
Charlottesville,
Virginia
|
-$340K |
| 4 |
GCP
GSA Capital Partners
London,
United Kingdom
|
-$296K |
| 5 |
Citigroup
New York
|
-$283K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
LTFS
76
Ladenburg Thalmann Financial Services
Miami,
Florida
| $1K | -$586 | -25 | -33% |
|
77
First Manhattan
New York
| $1K | – | – | – |
|
|
VCM
78
Versant Capital Management
Phoenix,
Arizona
| $1K | – | – | – |
|
|
WAM
79
Westport Asset Management
Southport,
Connecticut
| $1K | – | – | – |
|
|
MCM
80
McKinley Capital Management
Anchorage,
Alaska
| – | -$922K | -41,889 | Closed |
|
|
MHP
81
Manatuck Hill Partners
Westport,
Connecticut
| – | -$166K | -7,540 | Closed |
|
|
ICOA
82
Investment Centers of America
Bismarck,
North Dakota
| – | -$47K | -2,123 | Closed |
|
|
PPA
83
Parametric Portfolio Associates
Seattle,
Washington
| – | -$30K | -1,354 | Closed |
|
84
Royal Bank of Canada
Toronto,
Ontario, Canada
| – | -$23 | -1 | -5% |
|
LEE Hedge Fund Activity: Q4 2017 in Review
81 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in Lee Enterprises (LEE) for Q4 2017, worth a combined $45.7M — up 15% from $39.7M a quarter earlier.
Buyers outnumbered sellers: 17 funds opened new LEE positions and 5 closed out — a net gain of 12 holders — while 17 added to existing stakes and 23 trimmed.
The largest buyer was Russell Investments Group, opening a new position worth an estimated $3.08M. The largest seller was McKinley Capital Management, exiting entirely with an estimated $922K sold.
- 81 institutional investors held Lee Enterprises (LEE) as of Q4 2017, up from 69 in Q3 2017.
- Funds reported $45.7M of Lee Enterprises stock for Q4 2017, up 15% quarter-over-quarter.
- 17 funds opened new Lee Enterprises positions in Q4 2017 and 5 closed out, a net change of +12 holders.
- The largest Lee Enterprises buyer in Q4 2017 was Russell Investments Group, an estimated $3.08M added.
- The largest Lee Enterprises seller in Q4 2017 was McKinley Capital Management, an estimated $922K sold.
Based on aggregated 13F filings for Q4 2017.