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Lee Enterprises

69 hedge funds and large institutions have $51.1M invested in Lee Enterprises in 2015 Q3 according to their latest regulatory filings, with 7 funds opening new positions, 17 increasing their positions, 28 reducing their positions, and 20 closing their positions.

New
Increased
Maintained
Reduced
Closed

0.66% less ownership

Funds ownership: 5.16%4.5% (-0.66%)

16% less funds holding

Funds holding: 8269 (-13)

39% less repeat investments, than reductions

Existing positions increased: 17 | Existing positions reduced: 28

45% less capital invested

Capital invested by funds: $93.8M → $51.1M (-$42.7M)

50% less funds holding in top 10

Funds holding in top 10: 21 (-1)

65% less first-time investments, than exits

New positions opened: 7 | Existing positions closed: 20

Holders
69
Holders Change
-13
Holders Change %
-15.85%
% of All Funds
1.93%
Holding in Top 10
1
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-50%
% of All Funds
0.03%
New
7
Increased
17
Reduced
28
Closed
20
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
WIM
1
Wingspan Investment Management
New York
$10.3M +$24.6K +1,000 +0.2%
Franklin Resources
2
Franklin Resources
California
$10M +$1.87M +76,229 +19%
SPC
3
Silver Point Capital
Connecticut
$6.47M -$648K -26,350 -8%
State Farm Mutual Automobile Insurance
4
State Farm Mutual Automobile Insurance
Illinois
$4.01M
Vanguard Group
5
Vanguard Group
Pennsylvania
$3.2M +$45.2K +1,837 +1%
QOP
6
Quinn Opportunity Partners
Virginia
$1.3M +$10.8K +441 +0.7%
BCM
7
Bridgeway Capital Management
Texas
$1.18M +$701K +28,520 +101%
AG
8
Algert Global
California
$939K +$181K +7,342 +19%
LSC
9
Lyon Street Capital
California
$919K +$326K +13,274 +43%
FVP
10
Firefly Value Partners
Pennsylvania
$917K +$1.08M +44,100 New
Morgan Stanley
11
Morgan Stanley
New York
$906K -$256K -10,410 -19%
TCM
12
Trishield Capital Management
New York
$851K +$466K +18,953 +86%
GCP
13
GSA Capital Partners
United Kingdom
$833K +$258K +10,508 +36%
NSIM
14
North Star Investment Management
Illinois
$774K
RFC
15
Russell Frank Company
Washington
$707K -$1.25M -50,745 -60%
Acadian Asset Management
16
Acadian Asset Management
Massachusetts
$523K +$286K +11,646 +86%
PPA
17
Parametric Portfolio Associates
Washington
$522K -$1.99K -81 -0.3%
Geode Capital Management
18
Geode Capital Management
Massachusetts
$513K +$25.2K +1,023 +4%
California Public Employees Retirement System
19
California Public Employees Retirement System
California
$488K -$54.1K -2,200 -9%
Bank of New York Mellon
20
Bank of New York Mellon
New York
$463K -$492 -20 -0.1%
Millennium Management
21
Millennium Management
New York
$420K +$55.7K +2,266 +13%
D.E. Shaw & Co
22
D.E. Shaw & Co
New York
$409K -$36.2K -1,473 -7%
Goldman Sachs
23
Goldman Sachs
New York
$394K -$877K -35,658 -65%
TC
24
TFS Capital
Pennsylvania
$382K -$724K -29,443 -62%
KACA
25
Kayne Anderson Capital Advisors
California
$373K -$12.3K -500 -3%

LEE Hedge Fund Activity: Q3 2015 in Review

69 of the 3,582 institutional investors tracked by Wall St. Rank reported a position in Lee Enterprises (LEE) for Q3 2015, worth a combined $51.1M — down 45% from $93.8M a quarter earlier.

Sellers outnumbered buyers: 20 funds closed out of LEE and 7 opened new positions — a net loss of 13 holders — while 28 trimmed existing stakes and 17 added.

The largest buyer was Franklin Resources, adding an estimated $1.87M. The largest seller was JP Morgan Chase, cutting an estimated $3.11M.

  • 69 institutional investors held Lee Enterprises (LEE) as of Q3 2015, down from 82 in Q2 2015.
  • Funds reported $51.1M of Lee Enterprises stock for Q3 2015, down 45% quarter-over-quarter.
  • 7 funds opened new Lee Enterprises positions in Q3 2015 and 20 closed out, a net change of -13 holders.
  • The largest Lee Enterprises buyer in Q3 2015 was Franklin Resources, an estimated $1.87M added.
  • The largest Lee Enterprises seller in Q3 2015 was JP Morgan Chase, an estimated $3.11M sold.

Based on aggregated 13F filings for Q3 2015.