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Lee Enterprises

79 hedge funds and large institutions have $56.3M invested in Lee Enterprises in 2016 Q4 according to their latest regulatory filings, with 18 funds opening new positions, 22 increasing their positions, 14 reducing their positions, and 10 closing their positions.

New
Increased
Maintained
Reduced
Closed

80% more first-time investments, than exits

New positions opened: 18 | Existing positions closed: 10

57% more repeat investments, than reductions

Existing positions increased: 22 | Existing positions reduced: 14

7% more funds holding

Funds holding: 7479 (+5)

0.29% more ownership

Funds ownership: 3.2%3.49% (+0.29%)

16% less capital invested

Capital invested by funds: $66.6M → $56.3M (-$10.4M)

Holders
79
Holders Change
+5
Holders Change %
+6.76%
% of All Funds
1.98%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
18
Increased
22
Reduced
14
Closed
10
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Franklin Resources
1
Franklin Resources
California
$14M
State Farm Mutual Automobile Insurance
2
State Farm Mutual Automobile Insurance
Illinois
$5.59M
Vanguard Group
3
Vanguard Group
Pennsylvania
$5.58M +$138K +4,633 +2%
Acadian Asset Management
4
Acadian Asset Management
Massachusetts
$4.1M +$2.64M +88,435 +167%
Russell Investments Group
5
Russell Investments Group
United Kingdom
$3.69M +$3.73M +124,944 New
SPC
6
Silver Point Capital
Connecticut
$2.49M -$908K -30,400 -26%
NSIM
7
North Star Investment Management
Illinois
$2.28M +$102K +3,400 +5%
AG
8
Algert Global
California
$2.01M +$619K +20,729 +43%
BCM
9
Bridgeway Capital Management
Texas
$1.96M
QOP
10
Quinn Opportunity Partners
Virginia
$1.68M
MCM
11
McKinley Capital Management
Alaska
$1.2M +$86.4K +2,893 +8%
Morgan Stanley
12
Morgan Stanley
New York
$1.07M +$336K +11,234 +43%
GCP
13
GSA Capital Partners
United Kingdom
$1.04M +$287K +9,620 +37%
OAM
14
Oxford Asset Management
United Kingdom
$1.01M +$865K +28,939 +490%
Geode Capital Management
15
Geode Capital Management
Massachusetts
$982K +$246K +8,244 +32%
Goldman Sachs
16
Goldman Sachs
New York
$820K +$16.7K +558 +2%
Bank of New York Mellon
17
Bank of New York Mellon
New York
$654K -$9.83K -329 -1%
AIM
18
Alambic Investment Management
California
$610K +$281K +9,410 +81%
California Public Employees Retirement System
19
California Public Employees Retirement System
California
$460K
GCM
20
Graham Capital Management
Connecticut
$438K +$452K +15,113 New
BFA
21
BlackRock Fund Advisors
California
$398K +$13.4K +447 +3%
JP Morgan Chase
22
JP Morgan Chase
New York
$319K -$2.09K -70 -0.6%
Connor, Clark & Lunn Investment Management (CC&L)
23
Connor, Clark & Lunn Investment Management (CC&L)
British Columbia, Canada
$300K +$15.5K +520 +5%
Dimensional Fund Advisors
24
Dimensional Fund Advisors
Texas
$296K -$148K -4,956 -33%
Northern Trust
25
Northern Trust
Illinois
$260K +$8.99K +301 +3%

LEE Hedge Fund Activity: Q4 2016 in Review

79 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in Lee Enterprises (LEE) for Q4 2016, worth a combined $56.3M — down 16% from $66.6M a quarter earlier.

Buyers outnumbered sellers: 18 funds opened new LEE positions and 10 closed out — a net gain of 8 holders — while 22 added to existing stakes and 14 trimmed.

The largest buyer was Acadian Asset Management, adding an estimated $2.64M. The largest seller was Silver Point Capital, cutting an estimated $908K.

  • 79 institutional investors held Lee Enterprises (LEE) as of Q4 2016, up from 74 in Q3 2016.
  • Funds reported $56.3M of Lee Enterprises stock for Q4 2016, down 16% quarter-over-quarter.
  • 18 funds opened new Lee Enterprises positions in Q4 2016 and 10 closed out, a net change of +8 holders.
  • The largest Lee Enterprises buyer in Q4 2016 was Acadian Asset Management, an estimated $2.64M added.
  • The largest Lee Enterprises seller in Q4 2016 was Silver Point Capital, an estimated $908K sold.

Based on aggregated 13F filings for Q4 2016.