Lee Enterprises
LEE
82 hedge funds and large institutions have $50.3M invested in Lee Enterprises in 2018 Q4 according to their latest regulatory filings, with 12 funds opening new positions, 26 increasing their positions, 17 reducing their positions, and 16 closing their positions.
53% more repeat investments, than reductions
Existing positions increased: 26 | Existing positions reduced: 17
0.13% more ownership
Funds ownership: 4.04% → 4.17% (+0.13%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
5% less funds holding
Funds holding: 86 → 82 (-4)
18% less capital invested
Capital invested by funds: $61.1M → $50.3M (-$10.8M)
25% less first-time investments, than exits
New positions opened: 12 | Existing positions closed: 16
76% less call options, than puts
Call options by funds: $26K | Put options by funds: $107K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NC
Northpointe Capital
Bloomfield Hills,
Michigan
|
+$1.04M |
| 2 |
CC
Cannell Capital
Alta,
Wyoming
|
+$859K |
| 3 |
RC
RBF Capital
San Francisco,
California
|
+$598K |
| 4 |
GCM
Graham Capital Management
Rowayton,
Connecticut
|
+$495K |
| 5 |
Morgan Stanley
New York
|
+$369K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ACM
Ativo Capital Management
Chicago,
Illinois
|
-$1.22M |
| 2 |
AG
Algert Global
San Francisco,
California
|
-$922K |
| 3 |
Russell Investments Group
London,
United Kingdom
|
-$644K |
| 4 |
Acadian Asset Management
Boston,
Massachusetts
|
-$391K |
| 5 |
MHP
Manatuck Hill Partners
Westport,
Connecticut
|
-$200K |
LEE Hedge Fund Activity: Q4 2018 in Review
82 of the 4,505 institutional investors tracked by Wall St. Rank reported a position in Lee Enterprises (LEE) for Q4 2018, worth a combined $50.3M — down 18% from $61.1M a quarter earlier.
Sellers outnumbered buyers: 16 funds closed out of LEE and 12 opened new positions — a net loss of 4 holders — while 17 trimmed existing stakes and 26 added.
The largest buyer was Northpointe Capital, opening a new position worth an estimated $1.04M. The largest seller was Ativo Capital Management, exiting entirely with an estimated $1.22M sold.
- 82 institutional investors held Lee Enterprises (LEE) as of Q4 2018, down from 86 in Q3 2018.
- Funds reported $50.3M of Lee Enterprises stock for Q4 2018, down 18% quarter-over-quarter.
- 12 funds opened new Lee Enterprises positions in Q4 2018 and 16 closed out, a net change of -4 holders.
- The largest Lee Enterprises buyer in Q4 2018 was Northpointe Capital, an estimated $1.04M added.
- The largest Lee Enterprises seller in Q4 2018 was Ativo Capital Management, an estimated $1.22M sold.
Based on aggregated 13F filings for Q4 2018.