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Lee Enterprises

86 hedge funds and large institutions have $61.1M invested in Lee Enterprises in 2018 Q3 according to their latest regulatory filings, with 15 funds opening new positions, 19 increasing their positions, 22 reducing their positions, and 3 closing their positions.

New
Increased
Maintained
Reduced
Closed

400% more first-time investments, than exits

New positions opened: 15 | Existing positions closed: 3

16% more funds holding

Funds holding: 7486 (+12)

8% more call options, than puts

Call options by funds: $1.26M | Put options by funds: $1.17M

0.19% more ownership

Funds ownership: 3.85%4.04% (+0.19%)

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

2% less capital invested

Capital invested by funds: $62.6M → $61.1M (-$1.51M)

14% less repeat investments, than reductions

Existing positions increased: 19 | Existing positions reduced: 22

Holders
86
Holders Change
+12
Holders Change %
+16.22%
% of All Funds
1.97%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.02%
New
15
Increased
19
Reduced
22
Closed
3
Calls
$1.26M
Puts
$1.17M
Net Calls
+$97K
Net Calls Change
-$1.5M
Name Holding Trade Value Shares
Change
Change in
Stake
Franklin Resources
1
Franklin Resources
California
$12.8M
CC
2
Cannell Capital
Wyoming
$5.48M
Russell Investments Group
3
Russell Investments Group
United Kingdom
$5.34M +$337K +11,472 +6%
Vanguard Group
4
Vanguard Group
Pennsylvania
$5.33M +$223K +7,587 +4%
Acadian Asset Management
5
Acadian Asset Management
Massachusetts
$3.47M +$210K +7,150 +6%
Morgan Stanley
6
Morgan Stanley
New York
$3.23M +$789K +26,833 +28%
NSIM
7
North Star Investment Management
Illinois
$2.93M -$14.7K -500 -0.5%
ETM
8
Euclidean Technologies Management
Washington
$1.89M +$2.09M +71,170 New
AG
9
Algert Global
California
$1.84M -$85K -2,890 -4%
RC
10
RBF Capital
California
$1.4M
PGCM
11
Prescott Group Capital Management
Oklahoma
$1.36M +$1.51M +51,244 New
GCM
12
Graham Capital Management
Connecticut
$1.24M -$1.32M -45,000 -49%
ACM
13
Ativo Capital Management
Illinois
$1.22M -$29 -1 -0%
Dimensional Fund Advisors
14
Dimensional Fund Advisors
Texas
$1.22M +$701K +23,844 +108%
OP
15
Osmium Partners
California
$1.05M -$2.32M -78,995 -67%
Geode Capital Management
16
Geode Capital Management
Massachusetts
$1.02M +$269K +9,142 +31%
BCM
17
Bridgeway Capital Management
Texas
$912K
QOP
18
Quinn Opportunity Partners
Virginia
$835K -$73.2K -2,490 -7%
BlackRock
19
BlackRock
New York
$740K +$9.7K +330 +1%
FP
20
Factorial Partners
New York
$593K
AA
21
Ancora Advisors
Ohio
$568K +$67.3K +2,291 +12%
Bank of New York Mellon
22
Bank of New York Mellon
New York
$506K -$55.1K -1,875 -9%
State Farm Mutual Automobile Insurance
23
State Farm Mutual Automobile Insurance
Illinois
$488K
California Public Employees Retirement System
24
California Public Employees Retirement System
California
$420K
OSAM
25
O'Shaughnessy Asset Management
Connecticut
$403K +$354K +12,037 +378%

LEE Hedge Fund Activity: Q3 2018 in Review

86 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in Lee Enterprises (LEE) for Q3 2018, worth a combined $61.1M — down 2.4% from $62.6M a quarter earlier.

Buyers outnumbered sellers: 15 funds opened new LEE positions and 3 closed out — a net gain of 12 holders — while 19 added to existing stakes and 22 trimmed.

The largest buyer was Euclidean Technologies Management, opening a new position worth an estimated $2.09M. The largest seller was Osmium Partners, cutting an estimated $2.32M.

  • 86 institutional investors held Lee Enterprises (LEE) as of Q3 2018, up from 74 in Q2 2018.
  • Funds reported $61.1M of Lee Enterprises stock for Q3 2018, down 2.4% quarter-over-quarter.
  • 15 funds opened new Lee Enterprises positions in Q3 2018 and 3 closed out, a net change of +12 holders.
  • The largest Lee Enterprises buyer in Q3 2018 was Euclidean Technologies Management, an estimated $2.09M added.
  • The largest Lee Enterprises seller in Q3 2018 was Osmium Partners, an estimated $2.32M sold.

Based on aggregated 13F filings for Q3 2018.