Lee Enterprises
LEE
60 hedge funds and large institutions have $21M invested in Lee Enterprises in 2020 Q3 according to their latest regulatory filings, with 4 funds opening new positions, 7 increasing their positions, 23 reducing their positions, and 14 closing their positions.
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0.31% less ownership
Funds ownership: 4.6% → 4.29% (-0.31%)
14% less funds holding
Funds holding: 70 → 60 (-10)
19% less capital invested
Capital invested by funds: $26M → $21M (-$5.03M)
70% less repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 23
71% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 14
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Solas Capital Management
Darien,
Connecticut
|
+$486K |
| 2 |
Squarepoint
New York
|
+$114K |
| 3 |
Acadian Asset Management
Boston,
Massachusetts
|
+$38.8K |
| 4 |
GCP
GSA Capital Partners
London,
United Kingdom
|
+$19.4K |
| 5 |
HF
HRT Financial
New York
|
+$11K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Russell Investments Group
London,
United Kingdom
|
-$973K |
| 2 |
NSIM
North Star Investment Management
Chicago,
Illinois
|
-$858K |
| 3 |
Goldman Sachs
New York
|
-$307K |
| 4 |
Dimensional Fund Advisors
Austin,
Texas
|
-$168K |
| 5 |
RC
RBF Capital
San Francisco,
California
|
-$158K |
LEE Hedge Fund Activity: Q3 2020 in Review
60 of the 4,970 institutional investors tracked by Wall St. Rank reported a position in Lee Enterprises (LEE) for Q3 2020, worth a combined $21M — down 19% from $26M a quarter earlier.
Sellers outnumbered buyers: 14 funds closed out of LEE and 4 opened new positions — a net loss of 10 holders — while 23 trimmed existing stakes and 7 added.
The largest buyer was Solas Capital Management, adding an estimated $486K. The largest seller was Russell Investments Group, cutting an estimated $973K.
- 60 institutional investors held Lee Enterprises (LEE) as of Q3 2020, down from 70 in Q2 2020.
- Funds reported $21M of Lee Enterprises stock for Q3 2020, down 19% quarter-over-quarter.
- 4 funds opened new Lee Enterprises positions in Q3 2020 and 14 closed out, a net change of -10 holders.
- The largest Lee Enterprises buyer in Q3 2020 was Solas Capital Management, an estimated $486K added.
- The largest Lee Enterprises seller in Q3 2020 was Russell Investments Group, an estimated $973K sold.
Based on aggregated 13F filings for Q3 2020.