Lee Enterprises
LEE
67 hedge funds and large institutions have $56.3M invested in Lee Enterprises in 2013 Q4 according to their latest regulatory filings, with 18 funds opening new positions, 17 increasing their positions, 10 reducing their positions, and 11 closing their positions.
70% more repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 10
64% more first-time investments, than exits
New positions opened: 18 | Existing positions closed: 11
35% more capital invested
Capital invested by funds: $41.9M → $56.3M (+$14.5M)
12% more funds holding
Funds holding: 60 → 67 (+7)
0.03% more ownership
Funds ownership: 3.03% → 3.05% (+0.03%)
25% less funds holding in top 10
Funds holding in top 10: 4 → 3 (-1)
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $354K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TC
TFS Capital
West Chester,
Pennsylvania
|
+$2.27M |
| 2 |
AP
Alydar Partners
Boston,
Massachusetts
|
+$1.62M |
| 3 |
LCM
Lonestar Capital Management
San Francisco,
California
|
+$1.33M |
| 4 |
NSIM
North Star Investment Management
Chicago,
Illinois
|
+$1.22M |
| 5 |
Morgan Stanley
New York
|
+$820K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DP
Delta Partners
Boston,
Massachusetts
|
-$3.56M |
| 2 |
CRC
Cedar Rock Capital
London,
United Kingdom
|
-$3.12M |
| 3 |
Franklin Resources
San Mateo,
California
|
-$655K |
| 4 |
RC
RBF Capital
San Francisco,
California
|
-$486K |
| 5 |
MHP
Manatuck Hill Partners
Westport,
Connecticut
|
-$338K |
LEE Hedge Fund Activity: Q4 2013 in Review
67 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in Lee Enterprises (LEE) for Q4 2013, worth a combined $56.3M — up 35% from $41.9M a quarter earlier.
Buyers outnumbered sellers: 18 funds opened new LEE positions and 11 closed out — a net gain of 7 holders — while 17 added to existing stakes and 10 trimmed.
The largest buyer was TFS Capital, adding an estimated $2.27M. The largest seller was Delta Partners, cutting an estimated $3.56M.
- 67 institutional investors held Lee Enterprises (LEE) as of Q4 2013, up from 60 in Q3 2013.
- Funds reported $56.3M of Lee Enterprises stock for Q4 2013, up 35% quarter-over-quarter.
- 18 funds opened new Lee Enterprises positions in Q4 2013 and 11 closed out, a net change of +7 holders.
- The largest Lee Enterprises buyer in Q4 2013 was TFS Capital, an estimated $2.27M added.
- The largest Lee Enterprises seller in Q4 2013 was Delta Partners, an estimated $3.56M sold.
Based on aggregated 13F filings for Q4 2013.