Who owns Lee Enterprises (LEE)
Which tracked institutional funds hold LEE, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See LEE company fundamentals →
Ownership as of the 2026-Q2 13F filings (latest filed 2026-09-22). 13F is disclosed up to 45 days after quarter-end, so the most recent quarter fills in over the following weeks.
How the tape is positioned
6 tracked funds added or opened LEE while 3 trimmed or exited it between 2026-Q1 and 2026-Q2 — the tape is split. When large holders disagree on a name, the funds moving first are sometimes ahead of the story.
A prompt to read the filings, not a verdict. 13F is a quarter-end snapshot disclosed up to 45 days late; a fund adds or exits for mandate, benchmark, and timing reasons that have nothing to do with a view on the stock. This is a starting question, not a signal to trade.
Conviction spread
LEE’s largest tracked holder by dollar value, Solas Capital Management, LLC, sizes it at 7.4% of its own reported 13F book, while the median holder sizes it at 0.0% of theirs — a 7.4pp conviction gap — its largest holder concentrates the name more heavily than the typical one.
Book-share is each fund’s reported value in LEE divided by its whole reported 13F book, so it is comparable across funds of different sizes and is unaffected by stock splits. A higher share means a fund has committed more of its book to the name — a starting question about conviction, not a verdict or a signal to trade.
Institutional & insider positioning
Between 2026-Q1 and 2026-Q2, across 50 tracked filers holding LEE, 31 increased or opened the position and 12 reduced or closed it; over the same quarter, open-market insider Form 4s were net purchases.
This fuses two public signals for the same quarter — how tracked institutions changed their positions and whether insiders bought or sold in the open market. It describes what was filed; it is a starting question, not a verdict or a signal to trade.
New buyers & exits
Funds opening or closing a position in LEE between the 2026-Q1 and 2026-Q2 13F filings, and the largest changes among funds holding it in both. New buyers and exits are counted on fund presence (split-invariant); adds and trims are measured on reported value.
Full exits 2
- MILLENNIUM MANAGEMENT LLC$880K
- SUSQUEHANNA INTERNATIONAL GROUP, LLP$722K
Largest adds
- BlackRock, Inc.$3M
- Private Advisor Group, LLC$3M
- GEODE CAPITAL MANAGEMENT, LLC$759K
- NORTHERN TRUST CORP$329K
- VANGUARD CAPITAL MANAGEMENT LLC$312K
- STATE STREET CORP$273K
Largest trims
- CANNELL CAPITAL LLC$645K
Institutional holders
One row per tracked fund, largest reported value first. “% of value” is the fund’s share of this security’s tracked institutional value — not of shares outstanding. Rows marked stale are from an earlier filing than the security’s latest quarter — that fund is absent from the newest snapshot (position exited, or reported under a different name).
| Fund | Shares | Reported value | % of value | Quarter |
|---|---|---|---|---|
| Solas Capital Management, LLC trimmed | 1,549,944 | $14M | 29.5% | 2026-Q2 |
| GAMCO INVESTORS, INC. ET AL trimmed | 585,176 | $5M | 11.3% | 2026-Q2 |
| BlackRock, Inc. added | 363,701 | $3M | 7.0% | 2026-Q2 |
| CANNELL CAPITAL LLC trimmed | 344,349 | $3M | 6.6% | 2026-Q2 |
| Private Advisor Group, LLC added | 338,000 | $3M | 6.5% | 2026-Q2 |
| VANGUARD CAPITAL MANAGEMENT LLC added | 277,107 | $2M | 5.3% | 2026-Q2 |
| TRUIST FINANCIAL CORP | 219,966 | $2M | 4.2% | 2026-Q2 |
| GABELLI FUNDS LLC | 219,199 | $2M | 4.2% | 2026-Q2 |
| GEODE CAPITAL MANAGEMENT, LLC added | 187,542 | $2M | 3.6% | 2026-Q2 |
| STATE STREET CORP added | 54,550 | $489K | 1.1% | 2026-Q2 |
| NORTHERN TRUST CORP added | 53,138 | $476K | 1.0% | 2026-Q2 |
| VANGUARD FIDUCIARY TRUST CO added | 50,619 | $454K | 1.0% | 2026-Q2 |
| VANGUARD PORTFOLIO MANAGEMENT LLC new | 44,188 | $396K | 0.9% | 2026-Q2 |
| Centiva Capital, LP added | 33,780 | $303K | 0.7% | 2026-Q2 |
| THOMPSON DAVIS & CO., INC. new | 23,225 | $208K | 0.4% | 2026-Q2 |
| Redhawk Wealth Advisors, Inc. | 22,425 | $201K | 0.4% | 2026-Q2 |
| UBS Group AG added | 17,293 | $155K | 0.3% | 2026-Q2 |
| Teton Advisors, LLC | 17,000 | $152K | 0.3% | 2026-Q2 |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC new | 16,173 | $145K | 0.3% | 2026-Q2 |
| CITADEL ADVISORS LLC trimmed | 12,940 | $116K | 0.2% | 2026-Q2 |
| NewEdge Advisors, LLC added | 12,596 | $113K | 0.2% | 2026-Q2 |
| XTX Topco Ltd new | 11,808 | $106K | 0.2% | 2026-Q2 |
| NEW YORK STATE COMMON RETIREMENT FUND new | 11,600 | $104K | 0.2% | 2026-Q2 |
| Murphy Pohlad Asset Management LLC trimmed | 10,300 | $92K | 0.2% | 2026-Q2 |
| MORGAN STANLEY trimmed | 6,916 | $62K | 0.1% | 2026-Q2 |
| DEUTSCHE BANK AG\ added | 6,592 | $59K | 0.1% | 2026-Q2 |
| WELLS FARGO & COMPANY/MN added | 5,803 | $52K | 0.1% | 2026-Q2 |
| Central Pacific Bank - Trust Division | 5,000 | $45K | 0.1% | 2026-Q2 |
| RHUMBLINE ADVISERS new | 4,940 | $44K | 0.1% | 2026-Q2 |
| FMR LLC added | 3,560 | $32K | 0.1% | 2026-Q2 |
| CITIGROUP INC added | 3,082 | $28K | 0.1% | 2026-Q2 |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. new | 3,042 | $27K | 0.1% | 2026-Q2 |
| JPMORGAN CHASE & CO added | 2,758 | $26K | 0.1% | 2026-Q2 |
| BNP PARIBAS FINANCIAL MARKETS added | 1,998 | $18K | 0.0% | 2026-Q2 |
| Vanguard Global Advisers, LLC | 1,617 | $14K | 0.0% | 2026-Q2 |
| BARCLAYS PLC added | 1,533 | $14K | 0.0% | 2026-Q2 |
| ROYAL BANK OF CANADA trimmed | 1,007 | $9K | 0.0% | 2026-Q2 |
| Legal & General Group Plc new | 656 | $6K | 0.0% | 2026-Q2 |
| Ameritas Investment Partners, Inc. added | 599 | $5K | 0.0% | 2026-Q2 |
| Farther Finance Advisors, LLC | 570 | $5K | 0.0% | 2026-Q2 |
| WESTPORT ASSET MANAGEMENT INC | 540 | $5K | 0.0% | 2026-Q2 |
| Russell Investments Group, Ltd. new | 528 | $5K | 0.0% | 2026-Q2 |
| Tower Research Capital LLC (TRC) trimmed | 377 | $3K | 0.0% | 2026-Q2 |
| Sterling Capital Management LLC new | 112 | $1K | 0.0% | 2026-Q2 |
| Global Retirement Partners, LLC | 100 | $896 | 0.0% | 2026-Q2 |
| JONES FINANCIAL COMPANIES LLLP | 28 | $252 | 0.0% | 2026-Q2 |
| Quarry LP new | 20 | $179 | 0.0% | 2026-Q2 |
| HARBOUR INVESTMENTS, INC. | 20 | $179 | 0.0% | 2026-Q2 |
| Caitong International Asset Management Co., Ltd | 3 | $27 | 0.0% | 2026-Q2 |
| North Star Investment Management Corp. | 1 | $9 | 0.0% | 2026-Q2 |
| MILLENNIUM MANAGEMENT LLC new | 102,248 | $880K | 1.9% | 2026-Q1 stale (1 quarter behind) |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP added | 83,903 | $722K | 1.6% | 2026-Q1 stale (1 quarter behind) |
| MARSHALL WACE, LLP new | 23,561 | $203K | 0.4% | 2026-Q1 stale (1 quarter behind) |
| Clayton Financial Group LLC | 200 | $2K | 0.0% | 2026-Q1 stale (1 quarter behind) |
| Advisory Services Network, LLC | 30 | $258 | 0.0% | 2026-Q1 stale (1 quarter behind) |
| Cable Car Capital, LP new | 300,000 | $1M | 3.1% | 2025-Q4 stale (2 quarters behind) |
| VANGUARD GROUP INC | 229,710 | $1M | 2.4% | 2025-Q4 stale (2 quarters behind) |
| WITTENBERG INVESTMENT MANAGEMENT, INC. trimmed | 53,069 | $254K | 0.5% | 2025-Q4 stale (2 quarters behind) |
| DRW Securities, LLC new | 20,629 | $99K | 0.2% | 2025-Q4 stale (2 quarters behind) |
| STIFEL FINANCIAL CORP trimmed | 10,675 | $51K | 0.1% | 2025-Q4 stale (2 quarters behind) |
| BANK OF AMERICA CORP /DE/ | 4 | $19 | 0.0% | 2025-Q4 stale (2 quarters behind) |
| JB CAPITAL PARTNERS LP | 40,000 | $218K | 0.5% | 2025-Q3 stale (3 quarters behind) |
| Praetorian PR LLC trimmed | 125,258 | $802K | 1.7% | 2025-Q2 stale (4 quarters behind) |
| Teton Advisors, Inc. added | 16,000 | $102K | 0.2% | 2025-Q2 stale (4 quarters behind) |
| JANE STREET GROUP, LLC new | 13,419 | $86K | 0.2% | 2025-Q2 stale (4 quarters behind) |
| Bank of New York Mellon Corp | 10,112 | $65K | 0.1% | 2025-Q2 stale (4 quarters behind) |
| State of Wyoming new | 3,553 | $23K | 0.0% | 2025-Q2 stale (4 quarters behind) |
| HANTZ FINANCIAL SERVICES, INC. new | 3,200 | $20K | 0.0% | 2025-Q2 stale (4 quarters behind) |
| SUMMIT SECURITIES GROUP LLC trimmed | 1,075 | $7K | 0.0% | 2025-Q2 stale (4 quarters behind) |
| Centerpoint Advisors, LLC | 400 | $3K | 0.0% | 2025-Q2 stale (4 quarters behind) |
| CIBC Private Wealth Group LLC | 180 | $1K | 0.0% | 2025-Q2 stale (4 quarters behind) |
| RAYMOND JAMES FINANCIAL INC new | 169 | $1K | 0.0% | 2025-Q2 stale (4 quarters behind) |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | 0 | — | 0.0% | 2025-Q2 stale (4 quarters behind) |
Ownership over time
Tracked institutional holder count and total shares held by filing quarter (independent scales). The curated-era tail and any mid-ingest latest quarter are handled honestly — a partial quarter is not drawn as a collapse.
Reading this table
Funds hold the same stock for different reasons — an index fund “holds” almost everything, an active manager sizes a name to a mandate and a benchmark, and each fund entered at its own price and time. Because 13F is filed up to 45 days after quarter-end, every row is a backward-looking snapshot; a manager may have traded since. Share-class siblings (a company’s A and C shares) are rolled up to one line so a dual-class name is never double-counted. Compare like-for-like. A large holder is not an endorsement, and a fund exiting is not a warning — this is a starting question, not a verdict.
About 13F filings
A Form 13F is a quarterly disclosure that institutional investment managers with over $100 million in US-listed equities must file with the SEC. In plain English: it is a snapshot of the long stock positions a fund held at the end of a quarter. It covers long US-listed equities only — not short positions, options, cash, or private holdings — and the funds shown are the large sample we track, not the complete 13F universe.