Who owns Lee Enterprises, Incorporated (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-Q1 13F filings (latest filed 2026-05-15). 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
The tracked-fund tape on LEE is one-sided between 2025-Q4 and 2026-Q1: 9 added or opened and 2 trimmed or exited — on balance accumulating.
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 8.0% of its own reported 13F book, while the median holder sizes it at 0.0% of theirs — a 8.0pp 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 2025-Q4 and 2026-Q1, across 39 tracked filers holding LEE, 22 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 2025-Q4 and 2026-Q1 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.
New buyers 2
- VANGUARD CAPITAL MANAGEMENT LLC$2M
- MILLENNIUM MANAGEMENT LLC$880K
Full exits 2
- Cable Car Capital, LP$1M
- VANGUARD GROUP INC$1M
Largest adds
- Solas Capital Management, LLC$12M
- CANNELL CAPITAL LLC$3M
- GAMCO INVESTORS, INC. ET AL$2M
- TRUIST FINANCIAL CORP$840K
- GABELLI FUNDS LLC$801K
- GEODE CAPITAL MANAGEMENT, LLC$693K
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 added | 1,684,486 | $14M | 36.0% | 2026-Q1 |
| GAMCO INVESTORS, INC. ET AL trimmed | 585,376 | $5M | 13.0% | 2026-Q1 |
| CANNELL CAPITAL LLC added | 433,281 | $4M | 9.6% | 2026-Q1 |
| VANGUARD CAPITAL MANAGEMENT LLC new | 252,159 | $2M | 5.6% | 2026-Q1 |
| TRUIST FINANCIAL CORP | 219,966 | $2M | 4.9% | 2026-Q1 |
| GABELLI FUNDS LLC trimmed | 219,199 | $2M | 4.9% | 2026-Q1 |
| GEODE CAPITAL MANAGEMENT, LLC added | 106,971 | $922K | 2.4% | 2026-Q1 |
| MILLENNIUM MANAGEMENT LLC added | 102,248 | $880K | 2.3% | 2026-Q1 |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP added | 83,903 | $722K | 1.9% | 2026-Q1 |
| Private Advisor Group, LLC new | 50,000 | $430K | 1.1% | 2026-Q1 |
| BlackRock, Inc. added | 48,640 | $419K | 1.1% | 2026-Q1 |
| VANGUARD FIDUCIARY TRUST CO new | 46,881 | $404K | 1.0% | 2026-Q1 |
| Centiva Capital, LP new | 31,382 | $270K | 0.7% | 2026-Q1 |
| ROYAL BANK OF CANADA added | 29,902 | $257K | 0.7% | 2026-Q1 |
| CITADEL ADVISORS LLC added | 26,739 | $230K | 0.6% | 2026-Q1 |
| STATE STREET CORP added | 25,046 | $216K | 0.6% | 2026-Q1 |
| MARSHALL WACE, LLP trimmed | 23,561 | $203K | 0.5% | 2026-Q1 |
| Redhawk Wealth Advisors, Inc. | 22,425 | $193K | 0.5% | 2026-Q1 |
| NORTHERN TRUST CORP added | 17,120 | $147K | 0.4% | 2026-Q1 |
| Teton Advisors, LLC | 17,000 | $146K | 0.4% | 2026-Q1 |
| Murphy Pohlad Asset Management LLC trimmed | 11,400 | $98K | 0.3% | 2026-Q1 |
| MORGAN STANLEY added | 7,996 | $69K | 0.2% | 2026-Q1 |
| Central Pacific Bank - Trust Division | 5,000 | $43K | 0.1% | 2026-Q1 |
| Vanguard Global Advisers, LLC new | 1,617 | $14K | 0.0% | 2026-Q1 |
| FMR LLC | 778 | $7K | 0.0% | 2026-Q1 |
| Farther Finance Advisors, LLC | 570 | $5K | 0.0% | 2026-Q1 |
| WESTPORT ASSET MANAGEMENT INC | 540 | $5K | 0.0% | 2026-Q1 |
| Clayton Financial Group LLC | 200 | $2K | 0.0% | 2026-Q1 |
| WELLS FARGO & COMPANY/MN | 180 | $2K | 0.0% | 2026-Q1 |
| DEUTSCHE BANK AG\ | 157 | $1K | 0.0% | 2026-Q1 |
| Advisory Services Network, LLC | 30 | $258 | 0.0% | 2026-Q1 |
| BNP PARIBAS FINANCIAL MARKETS | 29 | $250 | 0.0% | 2026-Q1 |
| JONES FINANCIAL COMPANIES LLLP | 28 | $238 | 0.0% | 2026-Q1 |
| JPMORGAN CHASE & CO | 20 | $175 | 0.0% | 2026-Q1 |
| UBS Group AG trimmed | 20 | $172 | 0.0% | 2026-Q1 |
| HARBOUR INVESTMENTS, INC. trimmed | 20 | $172 | 0.0% | 2026-Q1 |
| Caitong International Asset Management Co., Ltd new | 3 | $26 | 0.0% | 2026-Q1 |
| North Star Investment Management Corp. trimmed | 1 | $9 | 0.0% | 2026-Q1 |
| Ameritas Investment Partners, Inc. trimmed | 1 | $9 | 0.0% | 2026-Q1 |
| Cable Car Capital, LP new | 300,000 | $1M | 3.7% | 2025-Q4 stale |
| VANGUARD GROUP INC | 229,710 | $1M | 2.8% | 2025-Q4 stale |
| Praetorian PR LLC trimmed | 125,258 | $802K | 2.1% | 2025-Q2 stale |
| WITTENBERG INVESTMENT MANAGEMENT, INC. trimmed | 53,069 | $254K | 0.7% | 2025-Q4 stale |
| JB CAPITAL PARTNERS LP | 40,000 | $218K | 0.6% | 2025-Q3 stale |
| DIMENSIONAL FUND ADVISORS LP trimmed | 13,402 | $139K | 0.4% | 2025-Q1 stale |
| Teton Advisors, Inc. added | 16,000 | $102K | 0.3% | 2025-Q2 stale |
| DRW Securities, LLC new | 20,629 | $99K | 0.3% | 2025-Q4 stale |
| JANE STREET GROUP, LLC added | 13,419 | $86K | 0.2% | 2025-Q2 stale |
| Bank of New York Mellon Corp | 10,112 | $65K | 0.2% | 2025-Q2 stale |
| STIFEL FINANCIAL CORP trimmed | 10,675 | $51K | 0.1% | 2025-Q4 stale |
| State of Wyoming trimmed | 3,553 | $23K | 0.1% | 2025-Q2 stale |
| HANTZ FINANCIAL SERVICES, INC. new | 3,200 | $20K | 0.1% | 2025-Q2 stale |
| Parkside Financial Bank & Trust new | 1,000 | $10K | 0.0% | 2025-Q1 stale |
| SUMMIT SECURITIES GROUP LLC trimmed | 1,075 | $7K | 0.0% | 2025-Q2 stale |
| Centerpoint Advisors, LLC | 400 | $3K | 0.0% | 2025-Q2 stale |
| CIBC Private Wealth Group LLC | 180 | $1K | 0.0% | 2025-Q2 stale |
| RAYMOND JAMES FINANCIAL INC new | 169 | $1K | 0.0% | 2025-Q2 stale |
| Global Retirement Partners, LLC | 100 | $479 | 0.0% | 2025-Q4 stale |
| Lindbrook Capital, LLC | 15 | $156 | 0.0% | 2025-Q1 stale |
| BARCLAYS PLC trimmed | 22 | $120 | 0.0% | 2025-Q3 stale |
| NewEdge Advisors, LLC | 22 | $120 | 0.0% | 2025-Q3 stale |
| BANK OF AMERICA CORP /DE/ | 4 | $19 | 0.0% | 2025-Q4 stale |
| CITIGROUP INC trimmed | 1 | $5 | 0.0% | 2025-Q4 stale |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | 0 | — | 0.0% | 2025-Q2 stale |
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.