Lee Enterprises
LEE
94 hedge funds and large institutions have $37.1M invested in Lee Enterprises in 2019 Q4 according to their latest regulatory filings, with 10 funds opening new positions, 29 increasing their positions, 28 reducing their positions, and 13 closing their positions.
4% more repeat investments, than reductions
Existing positions increased: 29 | Existing positions reduced: 28
0.07% less ownership
Funds ownership: 4.61% → 4.54% (-0.07%)
3% less funds holding
Funds holding: 97 → 94 (-3)
23% less first-time investments, than exits
New positions opened: 10 | Existing positions closed: 13
32% less capital invested
Capital invested by funds: $54.4M → $37.1M (-$17.2M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NSIM
North Star Investment Management
Chicago,
Illinois
|
+$320K |
| 2 |
QOP
Quinn Opportunity Partners
Charlottesville,
Virginia
|
+$228K |
| 3 |
State Street
Boston,
Massachusetts
|
+$151K |
| 4 |
SCP
Seizert Capital Partners
Birmingham,
Michigan
|
+$150K |
| 5 |
PAM
Panagora Asset Management
Boston,
Massachusetts
|
+$106K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WG
Winton Group
London,
United Kingdom
|
-$394K |
| 2 |
Morgan Stanley
New York
|
-$362K |
| 3 |
Bank of New York Mellon
New York
|
-$303K |
| 4 |
RC
RBF Capital
San Francisco,
California
|
-$192K |
| 5 |
State Farm Mutual Automobile Insurance
Bloomington,
Illinois
|
-$178K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CS
101
Credit Suisse
Zurich,
Switzerland
| – | -$27K | -1,339 | Closed |
|
102
KBC Group
Brussels,
Belgium
| – | -$26K | -1,262 | Closed |
|
103
Victory Capital Management
San Antonio,
Texas
| – | -$21K | -1,039 | Closed |
|
|
WFMPM
104
Woodley Farra Manion Portfolio Management
Indianapolis,
Indiana
| – | +$178 | +10 | New |
|
|
TT
105
TI-Trust
Quincy,
Illinois
| – | +$446 | +25 | New |
|
LEE Hedge Fund Activity: Q4 2019 in Review
94 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in Lee Enterprises (LEE) for Q4 2019, worth a combined $37.1M — down 32% from $54.4M a quarter earlier.
Sellers outnumbered buyers: 13 funds closed out of LEE and 10 opened new positions — a net loss of 3 holders — while 28 trimmed existing stakes and 29 added.
The largest buyer was North Star Investment Management, adding an estimated $320K. The largest seller was Winton Group, cutting an estimated $394K.
- 94 institutional investors held Lee Enterprises (LEE) as of Q4 2019, down from 97 in Q3 2019.
- Funds reported $37.1M of Lee Enterprises stock for Q4 2019, down 32% quarter-over-quarter.
- 10 funds opened new Lee Enterprises positions in Q4 2019 and 13 closed out, a net change of -3 holders.
- The largest Lee Enterprises buyer in Q4 2019 was North Star Investment Management, an estimated $320K added.
- The largest Lee Enterprises seller in Q4 2019 was Winton Group, an estimated $394K sold.
Based on aggregated 13F filings for Q4 2019.