Lee Enterprises
LEE
79 hedge funds and large institutions have $27.9M invested in Lee Enterprises in 2020 Q1 according to their latest regulatory filings, with 17 funds opening new positions, 19 increasing their positions, 27 reducing their positions, and 29 closing their positions.
0.35% more ownership
Funds ownership: 4.54% → 4.89% (+0.35%)
16% less funds holding
Funds holding: 94 → 79 (-15)
25% less capital invested
Capital invested by funds: $37.1M → $27.9M (-$9.19M)
30% less repeat investments, than reductions
Existing positions increased: 19 | Existing positions reduced: 27
41% less first-time investments, than exits
New positions opened: 17 | Existing positions closed: 29
92% less call options, than puts
Call options by funds: $11K | Put options by funds: $145K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AGC
Alden Global Capital
Brandon,
Florida
|
+$5.1M |
| 2 |
CLG
Cooperman Leon G
|
+$1.22M |
| 3 |
SPCM
Sound Point Capital Management
New York
|
+$561K |
| 4 |
CC
Cannell Capital
Alta,
Wyoming
|
+$530K |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$500K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$1.84M |
| 2 |
Franklin Resources
San Mateo,
California
|
-$1.25M |
| 3 |
PAM
Panagora Asset Management
Boston,
Massachusetts
|
-$674K |
| 4 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$387K |
| 5 |
QOP
Quinn Opportunity Partners
Charlottesville,
Virginia
|
-$300K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
101
Prudential Financial
Newark,
New Jersey
| – | -$15K | -1,052 | Closed |
|
102
Bank of Montreal
Toronto,
Ontario, Canada
| – | -$11K | -743 | Closed |
|
|
GWM
103
Geneos Wealth Management
Englewood,
Colorado
| – | -$10K | -720 | Closed |
|
|
DA
104
Denali Advisors
San Diego,
California
| – | -$2K | -115 | Closed |
|
105
Fidelity Investments
Boston,
Massachusetts
| – | -$1K | -46 | Closed |
|
106
Federated Hermes
Pittsburgh,
Pennsylvania
| – | -$1K | -22 | Closed |
|
LEE Hedge Fund Activity: Q1 2020 in Review
79 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in Lee Enterprises (LEE) for Q1 2020, worth a combined $27.9M — down 25% from $37.1M a quarter earlier.
Sellers outnumbered buyers: 29 funds closed out of LEE and 17 opened new positions — a net loss of 12 holders — while 27 trimmed existing stakes and 19 added.
The largest buyer was Alden Global Capital, opening a new position worth an estimated $5.1M. The largest seller was Morgan Stanley, cutting an estimated $1.84M.
- 79 institutional investors held Lee Enterprises (LEE) as of Q1 2020, down from 94 in Q4 2019.
- Funds reported $27.9M of Lee Enterprises stock for Q1 2020, down 25% quarter-over-quarter.
- 17 funds opened new Lee Enterprises positions in Q1 2020 and 29 closed out, a net change of -12 holders.
- The largest Lee Enterprises buyer in Q1 2020 was Alden Global Capital, an estimated $5.1M added.
- The largest Lee Enterprises seller in Q1 2020 was Morgan Stanley, an estimated $1.84M sold.
Based on aggregated 13F filings for Q1 2020.