Lee Enterprises
LEE
90 hedge funds and large institutions have $71.5M invested in Lee Enterprises in 2014 Q3 according to their latest regulatory filings, with 9 funds opening new positions, 28 increasing their positions, 27 reducing their positions, and 17 closing their positions.
4% more repeat investments, than reductions
Existing positions increased: 28 | Existing positions reduced: 27
0.29% less ownership
Funds ownership: 4.23% → 3.95% (-0.29%)
8% less funds holding
Funds holding: 98 → 90 (-8)
29% less capital invested
Capital invested by funds: $101M → $71.5M (-$29.4M)
47% less first-time investments, than exits
New positions opened: 9 | Existing positions closed: 17
97% less call options, than puts
Call options by funds: $1K | Put options by funds: $34K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Northern Trust
Chicago,
Illinois
|
+$1.62M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$755K |
| 3 |
LSC
Lyon Street Capital
Sausalito,
California
|
+$694K |
| 4 |
CCMH
Cornerstone Capital Management Holdings
New York
|
+$591K |
| 5 |
JP Morgan Chase
New York
|
+$518K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EI
EAM Investors
Solana Beach,
California
|
-$1.95M |
| 2 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
-$1.58M |
| 3 |
AC
Aristeia Capital
Greenwich,
Connecticut
|
-$1.51M |
| 4 |
LCM
Lonestar Capital Management
San Francisco,
California
|
-$1.39M |
| 5 |
BIM
Bogle Investment Management
Newton Lower Falls,
Massachusetts
|
-$1.23M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
PG
101
PEAK6 Group
Chicago,
Illinois
| – | -$63K | -1,411 | Closed |
|
|
ARTA
102
A.R.T. Advisors
New York
| – | -$55K | -1,237 | Closed |
|
103
Schroder Investment Management Group
London,
United Kingdom
| – | -$24K | -540 | Closed |
|
|
VFA
104
Virtus Fund Advisers
Hartford,
Connecticut
| – | -$20K | -457 | Closed |
|
|
U
105
UBS
Zurich,
Switzerland
| – | -$10K | -229 | Closed |
|
|
BRWA
106
B. Riley Wealth Advisors
Boca Raton,
Florida
| – | -$2.67K | -60 | Closed |
|
LEE Hedge Fund Activity: Q3 2014 in Review
90 of the 3,447 institutional investors tracked by Wall St. Rank reported a position in Lee Enterprises (LEE) for Q3 2014, worth a combined $71.5M — down 29% from $101M a quarter earlier.
Sellers outnumbered buyers: 17 funds closed out of LEE and 9 opened new positions — a net loss of 8 holders — while 27 trimmed existing stakes and 28 added.
The largest buyer was Northern Trust, adding an estimated $1.62M. The largest seller was EAM Investors, exiting entirely with an estimated $1.95M sold.
- 90 institutional investors held Lee Enterprises (LEE) as of Q3 2014, down from 98 in Q2 2014.
- Funds reported $71.5M of Lee Enterprises stock for Q3 2014, down 29% quarter-over-quarter.
- 9 funds opened new Lee Enterprises positions in Q3 2014 and 17 closed out, a net change of -8 holders.
- The largest Lee Enterprises buyer in Q3 2014 was Northern Trust, an estimated $1.62M added.
- The largest Lee Enterprises seller in Q3 2014 was EAM Investors, an estimated $1.95M sold.
Based on aggregated 13F filings for Q3 2014.