Lee Enterprises
LEE
97 hedge funds and large institutions have $54.4M invested in Lee Enterprises in 2019 Q3 according to their latest regulatory filings, with 16 funds opening new positions, 26 increasing their positions, 23 reducing their positions, and 16 closing their positions.
13% more repeat investments, than reductions
Existing positions increased: 26 | Existing positions reduced: 23
0.1% more ownership
Funds ownership: 4.5% → 4.61% (+0.1%)
0% more funds holding
Funds holding: 97 → 97 (0)
0% more first-time investments, than exits
New positions opened: 16 | Existing positions closed: 16
7% less capital invested
Capital invested by funds: $58.2M → $54.4M (-$3.87M)
Top Buyers
| 1 |
CC
Cannell Capital
Alta,
Wyoming
|
+$2.84M |
| 2 |
Acadian Asset Management
Boston,
Massachusetts
|
+$2.39M |
| 3 |
Northern Trust
Chicago,
Illinois
|
+$863K |
| 4 |
WG
Winton Group
London,
United Kingdom
|
+$622K |
| 5 |
PAM
Panagora Asset Management
Boston,
Massachusetts
|
+$420K |
Top Sellers
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
FA
101
Fortis Advisors
Wayne,
Pennsylvania
| – | -$158K | -7,062 | Closed |
|
|
SRAM
102
Stone Ridge Asset Management
New York
| – | -$53K | -2,363 | Closed |
|
|
AA
103
Ancora Advisors
Cleveland,
Ohio
| – | -$39K | -1,747 | Closed |
|
|
ARTA
104
A.R.T. Advisors
New York
| – | -$37K | -1,674 | Closed |
|
105
Squarepoint
New York
| – | -$37K | -1,660 | Closed |
|
|
TRCT
106
Tower Research Capital (TRC)
New York
| – | -$32K | -1,415 | Closed |
|
|
SIM
107
Spark Investment Management
New York
| – | -$26K | -1,197 | Closed |
|
|
SBH
108
Segall Bryant & Hamill
Chicago,
Illinois
| – | -$22K | -1,000 | Closed |
|
|
OAM
109
Oppenheimer Asset Management
New York
| – | -$21K | -952 | Closed |
|
|
RWA
110
Redhawk Wealth Advisors
Minneapolis,
Minnesota
| – | -$2K | -100 | Closed |
|
111
First Manhattan
New York
| – | -$1K | -60 | Closed |
|
LEE Hedge Fund Activity: Q3 2019 in Review
97 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in Lee Enterprises (LEE) for Q3 2019, worth a combined $54.4M — down 6.6% from $58.2M a quarter earlier.
Fund positioning in LEE was balanced in Q3 2019: 16 funds opened new positions, 16 closed out, 26 added to existing stakes and 23 trimmed.
The largest buyer was Cannell Capital, adding an estimated $2.84M. The largest seller was Russell Investments Group, exiting entirely with an estimated $2.76M sold.
- 97 institutional investors held Lee Enterprises (LEE) as of Q3 2019, unchanged from Q2 2019.
- Funds reported $54.4M of Lee Enterprises stock for Q3 2019, down 6.6% quarter-over-quarter.
- 16 funds opened new Lee Enterprises positions in Q3 2019 and 16 closed out, a net change of 0 holders.
- The largest Lee Enterprises buyer in Q3 2019 was Cannell Capital, an estimated $2.84M added.
- The largest Lee Enterprises seller in Q3 2019 was Russell Investments Group, an estimated $2.76M sold.
Based on aggregated 13F filings for Q3 2019.