Lee Enterprises
LEE
82 hedge funds and large institutions have $93.8M invested in Lee Enterprises in 2015 Q2 according to their latest regulatory filings, with 14 funds opening new positions, 19 increasing their positions, 29 reducing their positions, and 23 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
4% more capital invested
Capital invested by funds: $90.4M → $93.8M (+$3.33M)
0.08% less ownership
Funds ownership: 5.25% → 5.16% (-0.08%)
10% less funds holding
Funds holding: 91 → 82 (-9)
34% less repeat investments, than reductions
Existing positions increased: 19 | Existing positions reduced: 29
39% less first-time investments, than exits
New positions opened: 14 | Existing positions closed: 23
Top Buyers
| 1 |
Franklin Resources
San Mateo,
California
|
+$9.23M |
| 2 |
TC
TFS Capital
West Chester,
Pennsylvania
|
+$1.47M |
| 3 |
Goldman Sachs
New York
|
+$1.35M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$1.07M |
| 5 |
GCP
GSA Capital Partners
London,
United Kingdom
|
+$765K |
Top Sellers
| 1 |
ZC
Zelman Capital
Beachwood,
Ohio
|
-$4.59M |
| 2 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
-$4.18M |
| 3 |
JP Morgan Chase
New York
|
-$2.14M |
| 4 |
State Street
Boston,
Massachusetts
|
-$1.85M |
| 5 |
BIT
BlackRock Institutional Trust
San Francisco,
California
|
-$1.62M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
TDC
101
Thompson Davis & Co
Richmond,
Virginia
| – | -$3K | -100 | Closed |
|
102
Creative Planning
Overland Park,
Kansas
| – | -$2K | -50 | Closed |
|
103
Royal Bank of Canada
Toronto,
Ontario, Canada
| – | -$723 | -23 | -61% |
|
LEE Hedge Fund Activity: Q2 2015 in Review
82 of the 3,711 institutional investors tracked by Wall St. Rank reported a position in Lee Enterprises (LEE) for Q2 2015, worth a combined $93.8M — up 3.7% from $90.4M a quarter earlier.
Sellers outnumbered buyers: 23 funds closed out of LEE and 14 opened new positions — a net loss of 9 holders — while 29 trimmed existing stakes and 19 added.
The largest buyer was Franklin Resources, adding an estimated $9.23M. The largest seller was Zelman Capital, exiting entirely with an estimated $4.59M sold.
- 82 institutional investors held Lee Enterprises (LEE) as of Q2 2015, down from 91 in Q1 2015.
- Funds reported $93.8M of Lee Enterprises stock for Q2 2015, up 3.7% quarter-over-quarter.
- 14 funds opened new Lee Enterprises positions in Q2 2015 and 23 closed out, a net change of -9 holders.
- The largest Lee Enterprises buyer in Q2 2015 was Franklin Resources, an estimated $9.23M added.
- The largest Lee Enterprises seller in Q2 2015 was Zelman Capital, an estimated $4.59M sold.
Based on aggregated 13F filings for Q2 2015.