Shenandoah Telecommunications Company (SHEN) Gains From Its Fiber Business
Key takeaways
- The Fund returned -2.72% in the quarter, outperforming the Russell 3000's -3.96% return and lagging the Russell 2000 Index's 0.89% and the Russell 2000 Value Index's 4.96% gains.
- In its first-quarter 2026 investor letter, Longleaf Partners Small-Cap Fund highlighted Shenandoah Telecommunications Company (NASDAQ:SHEN).
- Longleaf Partners Small-Cap Fund stated the following regarding Shenandoah Telecommunications Company (NASDAQ:SHEN) in its Q1 2026 investor letter:
Shenandoah Telecommunications Company (SHEN) Gains From Its Fiber Business Soumya Eswaran Tue, June 30, 2026 at 7:38 PM GMT+7 3 min read SHEN ^RUT Longleaf Partners, managed by Southeastern Asset Management, released its first-quarter 2026 investor letter for its "Small-Cap Fund". A copy of the letter can be downloaded here. The Fund returned -2.72% in the quarter, outperforming the Russell 3000's -3.96% return and lagging the Russell 2000 Index's 0.89% and the Russell 2000 Value Index's 4.96% gains. The market experienced significant sector-wide movements in the quarter driven by perceptions surrounding AI outcomes, alongside complications from the conflict in Iran and escalating private credit risks. In addition, please check the Fund's top five holdings to know its best picks in 2026.
In its first-quarter 2026 investor letter, Longleaf Partners Small-Cap Fund highlighted Shenandoah Telecommunications Company (NASDAQ:SHEN). Shenandoah Telecommunications Company (NASDAQ:SHEN) is a US-based telecommunications company that provides broadband services and video and voice services. On June 29, 2026, Shenandoah Telecommunications Company (NASDAQ:SHEN) closed at $15.62 per share, reflecting a market capitalization of $864.13 million. Shenandoah Telecommunications Company (NASDAQ:SHEN) posted a one-month return of -3.82%, while its shares gained 11.49% over the past 52 weeks.
Longleaf Partners Small-Cap Fund stated the following regarding Shenandoah Telecommunications Company (NASDAQ:SHEN) in its Q1 2026 investor letter: