Lee Enterprises
LEE
86 hedge funds and large institutions have $61.1M invested in Lee Enterprises in 2018 Q3 according to their latest regulatory filings, with 15 funds opening new positions, 19 increasing their positions, 22 reducing their positions, and 3 closing their positions.
400% more first-time investments, than exits
New positions opened: 15 | Existing positions closed: 3
16% more funds holding
Funds holding: 74 → 86 (+12)
8% more call options, than puts
Call options by funds: $1.26M | Put options by funds: $1.17M
0.19% more ownership
Funds ownership: 3.85% → 4.04% (+0.19%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
2% less capital invested
Capital invested by funds: $62.6M → $61.1M (-$1.51M)
14% less repeat investments, than reductions
Existing positions increased: 19 | Existing positions reduced: 22
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ETM
Euclidean Technologies Management
Seattle,
Washington
|
+$2.09M |
| 2 |
PGCM
Prescott Group Capital Management
Tulsa,
Oklahoma
|
+$1.51M |
| 3 |
Morgan Stanley
New York
|
+$789K |
| 4 |
Dimensional Fund Advisors
Austin,
Texas
|
+$701K |
| 5 |
OSAM
O'Shaughnessy Asset Management
Stamford,
Connecticut
|
+$354K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OP
Osmium Partners
Greenbrae,
California
|
-$2.32M |
| 2 |
GCM
Graham Capital Management
Rowayton,
Connecticut
|
-$1.32M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$435K |
| 4 |
TSS
Two Sigma Securities
New York
|
-$156K |
| 5 |
Walleye Trading
New York
|
-$147K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
APP
76
Avantax Planning Partners
Dubuque,
Iowa
| $3K | +$2.94K | +100 | New |
|
|
CG
77
Cutler Group
San Francisco,
California
| $2K | -$9.7K | -330 | -77% |
|
|
GWM
78
Geneos Wealth Management
Englewood,
Colorado
| $2K | – | – | – |
|
79
Fidelity Investments
Boston,
Massachusetts
| $2K | +$2.82K | +96 | New |
|
80
UBS Group
Zurich,
Switzerland
| $1K | -$13K | -443 | -96% |
|
|
LTFS
81
Ladenburg Thalmann Financial Services
Miami,
Florida
| $1K | -$2.29K | -78 | -61% |
|
82
First Manhattan
New York
| $1K | – | – | – |
|
|
MRCM
83
M&R Capital Management
Summit,
New Jersey
| $1K | – | – | – |
|
|
VCM
84
Versant Capital Management
Phoenix,
Arizona
| $1K | – | – | – |
|
|
WAM
85
Westport Asset Management
Southport,
Connecticut
| $1K | – | – | – |
|
|
TSS
86
Two Sigma Securities
New York
| – | -$156K | -5,488 | Closed |
|
|
TDC
87
Thompson Davis & Co
Richmond,
Virginia
| – | -$1K | -50 | Closed |
|
LEE Hedge Fund Activity: Q3 2018 in Review
86 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in Lee Enterprises (LEE) for Q3 2018, worth a combined $61.1M — down 2.4% from $62.6M a quarter earlier.
Buyers outnumbered sellers: 15 funds opened new LEE positions and 3 closed out — a net gain of 12 holders — while 19 added to existing stakes and 22 trimmed.
The largest buyer was Euclidean Technologies Management, opening a new position worth an estimated $2.09M. The largest seller was Osmium Partners, cutting an estimated $2.32M.
- 86 institutional investors held Lee Enterprises (LEE) as of Q3 2018, up from 74 in Q2 2018.
- Funds reported $61.1M of Lee Enterprises stock for Q3 2018, down 2.4% quarter-over-quarter.
- 15 funds opened new Lee Enterprises positions in Q3 2018 and 3 closed out, a net change of +12 holders.
- The largest Lee Enterprises buyer in Q3 2018 was Euclidean Technologies Management, an estimated $2.09M added.
- The largest Lee Enterprises seller in Q3 2018 was Osmium Partners, an estimated $2.32M sold.
Based on aggregated 13F filings for Q3 2018.