Lee Enterprises
LEE
70 hedge funds and large institutions have $26M invested in Lee Enterprises in 2020 Q2 according to their latest regulatory filings, with 14 funds opening new positions, 11 increasing their positions, 25 reducing their positions, and 23 closing their positions.
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0.29% less ownership
Funds ownership: 4.89% → 4.6% (-0.29%)
7% less capital invested
Capital invested by funds: $27.9M → $26M (-$1.92M)
11% less funds holding
Funds holding: 79 → 70 (-9)
39% less first-time investments, than exits
New positions opened: 14 | Existing positions closed: 23
56% less repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 25
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Solas Capital Management
Darien,
Connecticut
|
+$2.09M |
| 2 |
Russell Investments Group
London,
United Kingdom
|
+$1.19M |
| 3 |
AGC
Alden Global Capital
Brandon,
Florida
|
+$500K |
| 4 |
Goldman Sachs
New York
|
+$349K |
| 5 |
RC
RBF Capital
San Francisco,
California
|
+$330K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
-$2.61M |
| 2 |
State Street
Boston,
Massachusetts
|
-$875K |
| 3 |
Northern Trust
Chicago,
Illinois
|
-$483K |
| 4 |
SPCM
Sound Point Capital Management
New York
|
-$386K |
| 5 |
CC
Cannell Capital
Alta,
Wyoming
|
-$367K |
LEE Hedge Fund Activity: Q2 2020 in Review
70 of the 4,888 institutional investors tracked by Wall St. Rank reported a position in Lee Enterprises (LEE) for Q2 2020, worth a combined $26M — down 6.9% from $27.9M a quarter earlier.
Sellers outnumbered buyers: 23 funds closed out of LEE and 14 opened new positions — a net loss of 9 holders — while 25 trimmed existing stakes and 11 added.
The largest buyer was Solas Capital Management, adding an estimated $2.09M. The largest seller was BlackRock, cutting an estimated $2.61M.
- 70 institutional investors held Lee Enterprises (LEE) as of Q2 2020, down from 79 in Q1 2020.
- Funds reported $26M of Lee Enterprises stock for Q2 2020, down 6.9% quarter-over-quarter.
- 14 funds opened new Lee Enterprises positions in Q2 2020 and 23 closed out, a net change of -9 holders.
- The largest Lee Enterprises buyer in Q2 2020 was Solas Capital Management, an estimated $2.09M added.
- The largest Lee Enterprises seller in Q2 2020 was BlackRock, an estimated $2.61M sold.
Based on aggregated 13F filings for Q2 2020.