Lee Enterprises
LEE
97 hedge funds and large institutions have $58.2M invested in Lee Enterprises in 2019 Q2 according to their latest regulatory filings, with 20 funds opening new positions, 28 increasing their positions, 24 reducing their positions, and 14 closing their positions.
43% more first-time investments, than exits
New positions opened: 20 | Existing positions closed: 14
17% more repeat investments, than reductions
Existing positions increased: 28 | Existing positions reduced: 24
7% more funds holding
Funds holding: 91 → 97 (+6)
0.14% more ownership
Funds ownership: 4.37% → 4.5% (+0.14%)
30% less capital invested
Capital invested by funds: $83.1M → $58.2M (-$24.9M)
100% less funds holding in top 10
Funds holding in top 10: 2 → 0 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$7.62M |
| 2 |
State Street
Boston,
Massachusetts
|
+$1.61M |
| 3 |
CC
Cannell Capital
Alta,
Wyoming
|
+$1.25M |
| 4 |
Geode Capital Management
Boston,
Massachusetts
|
+$694K |
| 5 |
PAM
Panagora Asset Management
Boston,
Massachusetts
|
+$628K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Acadian Asset Management
Boston,
Massachusetts
|
-$3.83M |
| 2 |
Russell Investments Group
London,
United Kingdom
|
-$1.75M |
| 3 |
Millennium Management
New York
|
-$1.57M |
| 4 |
GCM
Graham Capital Management
Rowayton,
Connecticut
|
-$1.38M |
| 5 |
OP
Osmium Partners
Greenbrae,
California
|
-$1.36M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
TEE
101
Tibra Equities Europe
London,
United Kingdom
| – | -$391K | -11,839 | Closed |
|
|
FP
102
Factorial Partners
Mt. Kisco,
New York
| – | -$347K | -10,520 | Closed |
|
|
JG
103
Jefferies Group
New York
| – | -$108K | -3,280 | Closed |
|
|
AGM
104
Alpine Global Management
New York
| – | -$83K | -2,527 | Closed |
|
|
VF
105
Virtu Financial
New York
| – | -$69K | -2,101 | Closed |
|
106
Stifel Financial
St. Louis,
Missouri
| – | -$54K | -1,632 | Closed |
|
107
Citadel Advisors
Miami,
Florida
| – | -$49K | -1,496 | Closed |
|
108
Verition Fund Management
Greenwich,
Connecticut
| – | -$44K | -1,339 | Closed |
|
109
Canada Pension Plan Investment Board
Toronto Ontario,
Ontario, Canada
| – | -$11K | -320 | Closed |
|
LEE Hedge Fund Activity: Q2 2019 in Review
97 of the 4,604 institutional investors tracked by Wall St. Rank reported a position in Lee Enterprises (LEE) for Q2 2019, worth a combined $58.2M — down 30% from $83.1M a quarter earlier.
Buyers outnumbered sellers: 20 funds opened new LEE positions and 14 closed out — a net gain of 6 holders — while 28 added to existing stakes and 24 trimmed.
The largest buyer was BlackRock, adding an estimated $7.62M. The largest seller was Acadian Asset Management, exiting entirely with an estimated $3.83M sold.
- 97 institutional investors held Lee Enterprises (LEE) as of Q2 2019, up from 91 in Q1 2019.
- Funds reported $58.2M of Lee Enterprises stock for Q2 2019, down 30% quarter-over-quarter.
- 20 funds opened new Lee Enterprises positions in Q2 2019 and 14 closed out, a net change of +6 holders.
- The largest Lee Enterprises buyer in Q2 2019 was BlackRock, an estimated $7.62M added.
- The largest Lee Enterprises seller in Q2 2019 was Acadian Asset Management, an estimated $3.83M sold.
Based on aggregated 13F filings for Q2 2019.