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Lee Enterprises

81 hedge funds and large institutions have $45.7M invested in Lee Enterprises in 2017 Q4 according to their latest regulatory filings, with 17 funds opening new positions, 17 increasing their positions, 23 reducing their positions, and 5 closing their positions.

New
Increased
Maintained
Reduced
Closed

240% more first-time investments, than exits

New positions opened: 17 | Existing positions closed: 5

17% more funds holding

Funds holding: 6981 (+12)

15% more capital invested

Capital invested by funds: $39.7M → $45.7M (+$5.99M)

0.25% more ownership

Funds ownership: 3.18%3.43% (+0.25%)

26% less repeat investments, than reductions

Existing positions increased: 17 | Existing positions reduced: 23

99% less call options, than puts

Call options by funds: $9K | Put options by funds: $719K

Holders
81
Holders Change
+12
Holders Change %
+17.39%
% of All Funds
1.84%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
17
Increased
17
Reduced
23
Closed
5
Calls
$9K
Puts
$719K
Net Calls
-$710K
Net Calls Change
-$259K
Name Holding Trade Value Shares
Change
Change in
Stake
Franklin Resources
1
Franklin Resources
California
$11.3M
State Farm Mutual Automobile Insurance
2
State Farm Mutual Automobile Insurance
Illinois
$4.53M
Vanguard Group
3
Vanguard Group
Pennsylvania
$4.35M +$22K +938 +0.5%
Russell Investments Group
4
Russell Investments Group
United Kingdom
$3.09M +$3.08M +131,396 New
Acadian Asset Management
5
Acadian Asset Management
Massachusetts
$2.83M -$5.63K -240 -0.2%
NSIM
6
North Star Investment Management
Illinois
$2.56M +$17.8K +761 +0.7%
GCM
7
Graham Capital Management
Connecticut
$2.15M +$856K +36,500 +66%
AG
8
Algert Global
California
$1.93M -$104K -4,430 -5%
NCM
9
Nantahala Capital Management
Connecticut
$1.1M
RC
10
RBF Capital
California
$1.01M +$708K +30,210 +236%
QOP
11
Quinn Opportunity Partners
Virginia
$971K -$340K -14,500 -26%
BCM
12
Bridgeway Capital Management
Texas
$857K -$32.8K -1,400 -4%
Morgan Stanley
13
Morgan Stanley
New York
$850K -$399K -17,031 -32%
BlackRock
14
BlackRock
New York
$613K -$63.8K -2,720 -9%
Geode Capital Management
15
Geode Capital Management
Massachusetts
$602K
PIA
16
Phoenix Investment Adviser
New York
$600K +$103K +4,400 +21%
California Public Employees Retirement System
17
California Public Employees Retirement System
California
$549K
FP
18
Factorial Partners
New York
$504K +$503K +21,464 New
Bank of New York Mellon
19
Bank of New York Mellon
New York
$492K
Goldman Sachs
20
Goldman Sachs
New York
$380K -$56.9K -2,427 -13%
AIM
21
Alambic Investment Management
California
$291K -$46.7K -1,990 -14%
JP Morgan Chase
22
JP Morgan Chase
New York
$259K
SF
23
Synovus Financial
Georgia
$259K +$258K +11,000 New
Dimensional Fund Advisors
24
Dimensional Fund Advisors
Texas
$258K +$18K +767 +8%
OAM
25
Oxford Asset Management
United Kingdom
$250K -$62.4K -2,662 -20%

LEE Hedge Fund Activity: Q4 2017 in Review

81 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in Lee Enterprises (LEE) for Q4 2017, worth a combined $45.7M — up 15% from $39.7M a quarter earlier.

Buyers outnumbered sellers: 17 funds opened new LEE positions and 5 closed out — a net gain of 12 holders — while 17 added to existing stakes and 23 trimmed.

The largest buyer was Russell Investments Group, opening a new position worth an estimated $3.08M. The largest seller was McKinley Capital Management, exiting entirely with an estimated $922K sold.

  • 81 institutional investors held Lee Enterprises (LEE) as of Q4 2017, up from 69 in Q3 2017.
  • Funds reported $45.7M of Lee Enterprises stock for Q4 2017, up 15% quarter-over-quarter.
  • 17 funds opened new Lee Enterprises positions in Q4 2017 and 5 closed out, a net change of +12 holders.
  • The largest Lee Enterprises buyer in Q4 2017 was Russell Investments Group, an estimated $3.08M added.
  • The largest Lee Enterprises seller in Q4 2017 was McKinley Capital Management, an estimated $922K sold.

Based on aggregated 13F filings for Q4 2017.